Schwab U.S. Large-Cap Growth ETF

What this fund is

Schwab U.S. Large-Cap Growth ETF is an exchange-traded fund (ETF) from Schwab, traded under the ticker SCHG (ISIN US8085243009). It lets you buy a basket of holdings in a single trade, spreading your money across them rather than one company. In plain terms it is about owning small slices of companies, so you share in their growth when they do well — and their falls when they don't, spread across its target market. It follows the Dow Jones U.S.

Large-Cap Growth Total Stock Market Index index (passive investing): it tracks the market rather than relying on a manager, keeping running costs down, and its largest holdings include NVIDIA CORP, APPLE INC and MICROSOFT CORP. Spread across roughly 197 holdings (the ten largest ≈ 50.2%), no one position makes or breaks the fund. Geographically it leans ~97.9% US, ~1.8% IE and ~0.2% KY. Its heaviest sectors are ~43.6% Technology and ~13.4% Communication Services. It is commonly used to tilt a portfolio towards one market, usually alongside broader, more global funds rather than on its own.

Its ongoing charge (TER) is 0.04% a year — about €4 a year on a €10,000 holding, taken automatically from the fund. It holds the underlying investments directly (physical replication); it is domiciled in the United States and trades in USD. Its price has swung about 16.2% over the past year, which describes how much its price tends to move rather than whether it is good. Like any investment, it can lose value as well as gain, and what it did before does not predict what it will do next. (Fund data sourced from Schwab.)