ALRG vs SCHX
Allspring LT Large Core ETF vs Schwab US Large-Cap ETF
Which is better, ALRG or SCHX?
ALRG has been ahead.
SCHX has a lower expense ratio. ALRG led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.93. SCHX is less concentrated, with 36.9% of the fund in its ten largest positions against 47.1%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | ALRG | SCHX |
|---|---|---|
| Expense Ratio | 0.28% | 0.03%Best |
| AUM | $8M | $75.3B |
| Dividend Yield | 0.42% | 1.04% |
| Holdings | 51 | 752 |
| YTD Return | +14.63%Best | +13.46% |
| 1Y Return | +18.42%Best | +16.47% |
| 3Y Return (annualized) | - | +22.38% |
| 5Y Return (annualized) | - | +12.48% |
| Volatility (annualized) | 11.9% | 11.7%Best |
| Max Drawdown | -9.3% | -9.0%Best |
| $10,000 over 1.3 years | $12,936Best | $12,592 |
| Top 10 Weight | 47.1% | 36.9%Best |
| Fund Family | Allspring Global Investments | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Jul 8, 2025 | Nov 3, 2009 |
Volatility and max drawdown, and the $10,000 over 1.3 years row, are measured over the window both funds cover: Jul 8, 2025 to Oct 15, 2026 (1.3 years).
ALRG vs SCHX growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 1.3 years both funds cover.
ALRG vs SCHX Performance
Allspring LT Large Core ETF (ALRG) is an ETF from Allspring Global Investments and Schwab US Large-Cap ETF (SCHX) is an ETF from Charles Schwab Asset Management. Over the past year ALRG returned +18.42% while SCHX returned +16.47%. Year to date, ALRG is up 14.63% versus a gain of 13.46% for SCHX.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
ALRG has been the more volatile fund, with annualized monthly volatility of 11.9% compared with 11.7% for SCHX. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -9.3% for ALRG and -9.0% for SCHX. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.93. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
ALRG charges 0.28% per year while SCHX charges 0.03%. On a $10,000 position that is $28 vs $3 annually, a gap of $25 per year that compounds over a long holding period. On income, ALRG currently yields 0.42% against 1.04% for SCHX.
Holdings Overlap
89.6% of ALRG's money is in holdings SCHX also owns. 43.3% of SCHX's money is in holdings ALRG also owns.
Most of ALRG is already inside SCHX. Owning both mostly buys the same companies twice.
44 positions in common, counted across the 50 positions we hold weights for in ALRG and 752 in SCHX, against full books of 51 and 752.
What only one of them owns
Our book lists 685 positions for SCHX that do not appear in our book for ALRG (55.9% of the fund), and 0 for ALRG that do not appear in SCHX (0.0%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in ALRG | Weight in SCHX | Difference |
|---|---|---|---|
| AAPLApple, Inc | 8.81% | 6.90% | 1.91% |
| NVDANvidia Corp | 5.43% | 8.02% | 2.59% |
| MSFTMicrosoft Corp | 7.79% | 5.44% | 2.35% |
| AMZNAmazon.Com Inc | 4.79% | 3.50% | 1.29% |
| GOOGAlphabet Inc. C | 5.53% | 2.29% | 3.24% |
| AVGOBroadcom Inc | 3.83% | 2.40% | 1.43% |
| METAMeta Platforms Inc | 2.86% | 2.28% | 0.58% |
| AMDAdvanced Micro Devices Inc | 2.75% | 1.47% | 1.28% |
| LLYEli Lilly & Co. | 2.68% | 1.30% | 1.38% |
| JPMJpmorgan Chase | 2.59% | 1.25% | 1.34% |
89.6% of ALRG is already inside SCHX.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, ALRG or SCHX?
ALRG has an expense ratio of 0.28% while SCHX charges 0.03%. SCHX is the cheaper option, by $25 a year on a $10,000 investment.
Which performed better, ALRG or SCHX?
Over the past year ALRG returned +18.42% vs +16.47% for SCHX, so ALRG leads on 1-year performance. Over the longest common window we track (1 years), ALRG annualized +21.90% vs +19.40% for SCHX. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ALRG or SCHX?
ALRG has been the more volatile fund at 11.9% annualized versus 11.7% for SCHX. Worst drawdown: ALRG -9.3% vs SCHX -9.0%.
Should I hold both ALRG and SCHX?
ALRG and SCHX have a monthly-return correlation of 0.93, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between ALRG and SCHX?
89.6% of ALRG's money is in holdings SCHX also owns. 43.3% of SCHX's is in holdings ALRG also owns. They hold 44 positions in common, counted across the 50 positions we hold weights for in ALRG and 752 in SCHX.
Which pays a higher dividend, ALRG or SCHX?
ALRG yields 0.42% while SCHX yields 1.04%, so SCHX currently pays the higher dividend yield.
Is SCHX better than ALRG?
SCHX has a lower expense ratio. ALRG led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.93. SCHX is less concentrated, with 36.9% of the fund in its ten largest positions against 47.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.