SCHG tracks the Dow Jones U.S. Large-Cap Growth Total Stock Market Index, which selects large US companies using growth factors such as earnings and sales growth and valuation. The portfolio is concentrated in technology and related companies such as Apple, Microsoft, NVIDIA, Amazon and Meta, so a small number of stocks drive returns. Dividend yield is low. Growth funds like SCHG have been more sensitive to interest rate increases and changes in technology valuations than the broad market.
