SCHV tracks the Dow Jones U.S. Large-Cap Value Total Stock Market Index, which selects large US companies using value factors such as price-to-book and dividend yield. Compared with the broad market, the fund holds more financials, healthcare, industrials, energy and consumer staples and less technology. The dividend yield is typically higher than that of growth funds. Value has often done better when interest rates rise and when economic recoveries favor cyclical sectors.
