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SCHG −0.79% on Nov 13 · Analysis updated Nov 13, 2026, 6:30 PM ET
Why is Schwab U.S. Large-Cap Growth ETF (SCHG) stock down?
The only news item is a Benzinga performance review that reports 10-year returns and adds no new catalyst, and no SEC filings were found in the 45-day window. The price picture is therefore the main evidence. SCHG closed at 34.05 on Nov 13, about 3.8% above the Nov 5 low of 32.81 and about 4.4% below the Oct 28 close of 35.62, so the lower-highs pattern from late October has not been reversed. The Nov 5 selloff on 23.1M shares was the window's heaviest volume, and the rebound since then has come on steadily shrinking volume: 8.0M on Nov 10, 7.8M on Nov 11, 6.9M on Nov 12 and 5.7M on Nov 13, the lowest in the 14-session data set. Recent highs of 34.67 on Nov 11 and 34.61 on Nov 12 have not carried the price back above the 34.7 area. This suggests quiet, low-conviction trading rather than a clear directional move. With no fund-specific or macro event in the data, the evidence is thin and only slightly leans neutral in the short and middle terms. The long-term view depends mostly on the broader large-cap growth market, which the available data does not cover.
News behind the analysis
- Here’s How Much You Would Have Made Owning Schwab U.S. Large-Cap Growth ETF Stock In The Last 10 YearsA backward-looking Benzinga piece says SCHG outperformed the market over 10 years by 4.21% annualized, with a 17.51% average annual return. It reports no new fund event or catalyst.
About Schwab U.S. Large-Cap Growth ETF
SCHG is Charles Schwab's passive index fund that holds large US companies with growth characteristics. It started in 2009, holds about 190–200 stocks, and is one of the cheapest large-cap growth ETFs, with a 0.04% expense ratio and about $64 billion in assets (approximate).
How the fund works
The fund tracks the Dow Jones U.S. Large-Cap Growth Total Stock Market Index. The index picks growth stocks from the 750 largest US companies using measures such as past and projected earnings and revenue growth. The fund buys all the stocks in the index (full replication) and weights them by market value, so a few mega-cap tech names make up a large share of it. Nvidia and Apple together have recently been roughly a fifth of the fund. It pays a small dividend four times a year, recently a yield of about 0.4%. The main risks are its heavy tilt toward technology and its dependence on a small number of very large stocks.
What usually moves SCHG
- Big Tech and mega-cap stock performance
- AI-related spending and sentiment
- Interest rates and bond yields
- Corporate earnings growth expectations
- Shifts between growth and value stocks