Schwab U.S. Large-Cap Growth ETF (SCHG) Valuation
SCHG valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 30.4 trailing earnings
- Forward P/E
- 24.0 analyst estimates
- Price / sales
- 6.09
- Price / book
- 9.96
- EV / EBITDA
- 20.3
- Earnings yield
- 3.29% inverse of P/E
- Dividend yield
- 0.43% of the holdings
- Return on equity
- 32.7% combined
- Net margin
- 20.0% combined
- Beta
- 1.39 weighted, vs S&P 500
SCHG valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| SCHG | 30.4 | 24.0 | 6.09 | 9.96 | 0.43% | 32.7% | 20.0% | 1.9% |
| SPY | 25.9 | 19.9 | 3.67 | 5.47 | 1.08% | 21.1% | 14.2% | 1.9% |
| QQQ | 34.2 | 23.4 | 5.93 | 9.27 | 0.58% | 27.1% | 17.4% | 6.9% |
| DIA | 20.9 | 18.4 | 3.16 | 5.52 | 1.55% | 26.4% | 15.1% | 0.0% |
| VTI | 28.2 | 19.4 | 3.31 | 5.00 | 1.07% | 17.7% | 11.8% | 4.6% |
| IWM | n/m | 13.9 | 1.25 | 2.03 | 1.38% | −1.7% | −1.0% | 28.1% |
Same method for every fund. n/m = not meaningful (combined trailing earnings below zero or close to it). Loss-makers = weight of holdings with negative trailing earnings.
SCHG valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Technology | 52.5% | 33.0 | 23.9 | 11.97 | 15.69 | 0.40% | 47.5% |
| Communication Services | 13.0% | 20.0 | 21.7 | 7.42 | 6.17 | 0.31% | 30.8% |
| Consumer Cyclical | 10.8% | 29.1 | 29.1 | 4.29 | 6.95 | 0.11% | 23.9% |
| Healthcare | 7.3% | 39.4 | 23.3 | 2.16 | 7.24 | 0.63% | 18.4% |
| Industrials | 5.6% | 35.2 | 26.9 | 3.22 | 10.35 | 0.56% | 29.4% |
| Financial Services | 5.5% | 32.1 | 22.0 | 8.79 | 8.30 | 0.76% | 25.8% |
| Consumer Defensive | 1.2% | 48.0 | 39.7 | 1.45 | 11.85 | 0.58% | 24.7% |
| Basic Materials | 1.1% | 31.8 | 23.2 | 5.16 | 5.70 | 1.12% | 17.9% |
| Energy | 0.7% | 20.8 | 12.6 | 1.34 | 3.12 | 1.81% | 15.0% |
| Utilities | 0.4% | 32.2 | 16.1 | 3.11 | 4.48 | 0.54% | 13.9% |
| Real Estate | 0.3% | 66.0 | 48.6 | 9.19 | 5.80 | 2.32% | 8.8% |
SCHG earnings yield vs bond yields
Earnings yield = earnings ÷ price (1 ÷ P/E). The gap to bond yields is a rough gauge of the extra return stocks are priced to deliver.
How SCHG weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
SCHG largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| NVDA | NVIDIA Corporation | 12.21% | 27.1 | 24.9 | 17.1 | 0.47% | 13.96% |
| AAPL | Apple Inc. | 11.46% | 39.4 | 35.2 | 10.7 | 0.31% | 9.01% |
| MSFT | Microsoft Corporation | 8.76% | 29.5 | 25.1 | 11.8 | 0.74% | 9.20% |
| AMZN | Amazon.com, Inc. | 5.73% | 20.1 | 23.6 | 3.5 | — | 8.82% |
| GOOGL | Alphabet Inc. | 4.46% | 17.1 | 22.8 | 9.3 | 0.26% | 8.08% |
| AVGO | Broadcom Inc. | 4.07% | 43.3 | 19.4 | 17.6 | 0.79% | 2.91% |
| META | Meta Platforms, Inc. | 3.99% | 26.7 | 22.1 | 7.9 | 0.30% | 4.62% |
| GOOG | Alphabet Inc. | 3.43% | 16.9 | 21.8 | 9.2 | 0.26% | 6.27% |
| TSLA | Tesla, Inc. | 3.00% | 328.4 | 158.7 | 13.5 | — | 0.28% |
| LLY | Eli Lilly and Company | 2.92% | 42.2 | 24.4 | 14.1 | 0.55% | 2.14% |
| MU | Micron Technology, Inc. | 2.69% | 11.8 | 7.0 | 7.5 | 0.07% | 7.04% |
| AMD | Advanced Micro Devices, Inc. | 2.24% | 134.9 | 39.5 | 20.9 | — | 0.51% |
| V | Visa Inc. | 1.87% | 34.3 | 24.0 | 17.0 | 0.67% | 1.69% |
| MA | Mastercard Incorporated | 1.37% | 34.0 | 24.2 | 15.4 | 0.56% | 1.25% |
| PLTR | Palantir Technologies Inc. | 1.25% | 160.4 | 85.5 | 72.6 | — | 0.24% |
| COST | Costco Wholesale Corporation | 1.19% | 47.6 | 40.3 | 1.4 | 0.59% | 0.77% |
| UNH | UnitedHealth Group Incorporated | 1.02% | 25.8 | 16.6 | 0.8 | 2.31% | 1.23% |
| CAT | Caterpillar Inc. | 0.92% | 31.5 | 25.4 | 4.5 | 0.89% | 0.90% |
| GCP | General Electric Company | 0.80% | — | — | — | — | — |
| AMAT | Applied Materials, Inc. | 0.80% | 35.3 | 23.4 | 10.5 | 0.52% | 0.70% |
| PANW | Palo Alto Networks, Inc. | 0.76% | 855.0 | 94.3 | 24.4 | — | 0.03% |
| TMO | Thermo Fisher Scientific Inc. | 0.69% | 37.1 | 24.2 | 5.5 | 0.27% | 0.58% |
| CRWD | CrowdStrike Holdings, Inc. | 0.68% | — | 208.3 | 43.1 | — | 0.01% |
| LIN | Linde plc | 0.67% | 32.2 | 23.6 | 6.5 | 1.28% | 0.64% |
| GEV | GE Vernova Inc. | 0.59% | 26.4 | 38.8 | 5.9 | 0.22% | 0.69% |
Share of earnings = the holding's part of the fund's combined trailing profit. Green: earns more than its weight; orange: less. Symbol links go to each company's key metrics.
About SCHG valuation
Adding up its 183 holdings with company data, SCHG trades at 30.4 times trailing earnings and 24.0 times analysts' forward estimates, with a price-to-book ratio of 9.96 and a dividend yield of 0.43%. Its earnings yield of 3.29% is 2.04 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 60.0% of the fund and earn 65.3% of its combined profit. By sector, Real Estate is the most expensive at 66.0 times earnings and Communication Services the cheapest at 20.0. Companies that lost money over the past year are 1.9% of the covered weight.
How these figures are calculated. Each ratio treats the fund as one company: the earnings, sales and book value of every holding are added up in proportion to its weight and divided into the fund's price. In practice that is a weighted harmonic mean, so a single stock with a very high P/E cannot distort the result, and loss-making companies reduce the fund's earnings instead of being dropped. Covers 99.2% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: SCHG chart, SCHG performance, SCHG holdings, SCHG dividends.
SCHG valuation FAQ
What is the P/E ratio of SCHG?
Based on its holdings, SCHG has a trailing P/E of 30.4 and a forward P/E of 24.0 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of SCHG?
The trailing earnings yield is 3.29% (1 ÷ P/E) and the forward earnings yield 4.17%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is SCHG more expensive than the S&P 500?
SCHG trades at 30.4 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 24.0 and 19.9.
What is the price-to-book ratio of SCHG?
The holdings of SCHG trade at 9.96 times book value, with a combined return on equity of 32.7%.
Which sector in SCHG has the highest P/E?
Real Estate has the highest P/E at 66.0 and Communication Services the lowest at 20.0.