US-listed · NYSE Arca · FIF-eligible (above NZ$50K)
Schwab SCHG Schwab US Large-Cap Growth ETF
Tracks the Dow Jones US Large-Cap Growth Total Stock Market Index — ~250 large-cap US growth stocks.
Updated Reviewed quarterly
About this fund
What is SCHG?
SCHG is the US-listed ticker for Schwab US Large-Cap Growth ETF, issued by Schwab. Tracks the Dow Jones US Large-Cap Growth Total Stock Market Index — ~250 large-cap US growth stocks. TER is 0.04% per year, with a trailing 12-month distribution yield of approximately 0.5%. Distributions are paid quarterly.
Next typical distribution: June.SCHG typically pays in Mar · Jun · Sep · Dec. Issuer sets the exact date — verify on the distribution calendar before relying on a payment date.
Platform availability
Where to buy SCHG from New Zealand
Based on each platform's advertised market coverage and fee schedule. Verify with the platform before transacting — instrument coverage can change.
| Platform | Per-trade fee | FX | Min | Notes |
|---|---|---|---|---|
 Sharesies Sharesies | 1.9% per trade | 0.5% | NZ$0 | Beginners, fractional shares, mixing NZ + US ETFs |
 Hatch Hatch | US$3 per trade (≤300 shares) | 0.5% | NZ$0 (US$1 to invest) | NZ investors who want US-only ETFs (SPY, VOO, QQQ, SCHD, JEPI) |
 Stake Stake | US$0 trades | 0.70% | NZ$0 | Frequent US-share traders who hate per-trade fees |
 Interactive Brokers Interactive Brokers | From US$0.35 / trade (Tiered) or US$1 flat (Fixed) | ~0.002% (US$2 min) | US$0 | Larger portfolios, frequent traders, multi-market investors |
 Tiger Brokers Tiger Brokers | US$1.99 per US trade | 0.50% | NZ$0 | NZ investors who want NZ + US + Asian markets in one account |
 Jarden Direct Jarden Direct | NZ$29.90 per NZX trade | ~0.40% | NZ$0 | Larger NZX trades and global market access through one NZ broker |
 ASB Securities ASB Securities | NZ$30 per NZX trade | Bank rates (~1%) | NZ$0 (ASB customer) | Existing ASB customers wanting one login for banking + brokerage |
Showing 7 platforms that list this ETF. Full platform comparison: all 11 NZ brokers → · Full coverage matrix: availability matrix →
NZ tax treatment
How is SCHG taxed for NZ investors?
SCHG is US-domiciled. NZ investors apply Foreign Investment Fund rules once total overseas-share cost basis crosses the de-minimis threshold. Below it, only dividends are taxable.
The FIF de-minimis threshold is NZ$50,000 (source) of overseas-share cost basis. Below it, FIF rules do not apply and only dividends are taxable.
Most NZ retail investors use Fair Dividend Rate (FDR): deemed income = 5% × opening market value × your marginal rate. Comparative Value (CV) can be lower in flat or down years.
US dividends carry 15% (source) withholding under the NZ–US tax treaty (file W-8BEN; default rate without it is 30% (source) ). The withheld amount can be claimed as a foreign tax credit on your IR3.
FDR vs CV method → · PIE vs FIF comparison →
🧮 Model your own after-tax outcome
Mechanical NZ-tax calculator comparing PIE @ PIR vs FIF @ FDR vs FIF @ CV on your principal, assumed return, time horizon, PIR, and marginal rate. → Open the after-tax calculator
General information only — not personalised tax advice. Confirm your treatment with a registered NZ tax adviser before transacting.
Add up to 4 more tickers to compare TER · yield · distribution · NZ tax structure.
Similar ETFs
ETFs with similar focus to SCHG
Same asset class, issuer cousins, and exchange peers — ranked by closest match. Click any row to compare side-by-side in the multi-compare tool.
| Ticker | Name | TER | Yield | Distribution | NZ tax | Compare |
|---|---|---|---|---|---|---|
| USF | US 500 (USF) Smartshares · NZX | 0.34% | — | Quarterly | PIE | SCHG vs USF |
| USG | US Growth (USG) Smartshares · NZX | 0.55% | — | Quarterly | PIE | SCHG vs USG |
| USS | US Small Cap (USS) Smartshares · NZX | 0.55% | — | Quarterly | PIE | SCHG vs USS |
| SPY | SPY State Street · NYSE Arca | 0.09% | 1.3% | Quarterly | FIF | SCHG vs SPY |
| VOO | VOO Vanguard · NYSE Arca | 0.03% | 1.4% | Quarterly | FIF | SCHG vs VOO |
Distribution history
Last 12 distributions — SCHG
SCHG typically distributes mar · jun · sep · dec. Per-payment history (amount + ex-date + payment date for the last 12 distributions) is published authoritatively on the issuer's own fact sheet and corporate-actions page. We do not yet aggregate per-payment history into the canonical dataset on this site — that work is gated on the live-data-feed roadmap item (#42 in our roadmap).
Next typical distribution month: June. The exact ex-date and payment date are set by Schwab — verify on the issuer source below before relying on a specific date.
Authoritative sources for distribution history
- Schwab SCHG product page — corporate actions + distribution announcements
See /calendar/distributions/ for the rolling 12-month forward calendar across all covered ETFs.
FAQ
Common questions about SCHG
What is the SCHG ETF? ⌄
SCHG is the Schwab US Large-Cap Growth ETF — it tracks the Dow Jones US Large-Cap Growth Total Stock Market Index, holding ~250 large-cap US growth stocks (Apple, Microsoft, Nvidia, Amazon, Meta, etc). TER is 0.04% (one of the lowest in the growth-ETF category), distributions paid quarterly. Yield ~0.5%.
SCHG vs VOOG vs IVW — which growth ETF? ⌄
SCHG (Schwab, 0.04% TER) tracks Dow Jones US Large-Cap Growth — broader scope, includes mid-caps. VOOG (Vanguard, 0.10% TER) tracks S&P 500 Growth — narrower, limited to S&P 500 names only. IVW (iShares S&P 500 Growth, 0.18% TER) tracks the same index as VOOG at higher cost. For pure cost minimisation, SCHG wins. For precise S&P 500 Growth exposure, VOOG.
Can NZ residents buy SCHG? ⌄
Yes. SCHG is available via Hatch, Stake, Sharesies (US market), and Interactive Brokers. Above NZ$50,000 cost basis FIF rules apply. The growth-stock low-yield profile (~0.5%) means lower US dividend withholding drag than dividend-focused ETFs.
Should I hold SCHG alongside VOO? ⌄
SCHG overlaps heavily with VOO on the growth side — Apple, Microsoft, Nvidia all top holdings in both. Holding SCHG on top of VOO essentially overweights large-cap growth in your portfolio. Some investors do this for a deliberate growth tilt; others prefer broader exposure (VOO or VTI alone). Whether the growth tilt persists in long-term return profile is contested in academic finance — historically growth has outperformed value during low-rate periods, the opposite during high-rate periods.
Where to buy SCHG from New Zealand
The platforms below all support SCHG. Each link opens the platform's site directly — we don't take any payment for placement or for clicks.
Hatch 
Sharesies 
Interactive Brokers 
Stake 
Tiger Brokers Fees + platform details verified against each provider's published rate card. Always check the current schedule before transacting. Full platform comparison →
Sources for this SCHG data
Every TER, yield, and holdings figure on this page traces to one of the documents below. We do not pull live prices; the data is reviewed monthly against issuer fact sheets and exchange listings (last reviewed 2026-05-04).
External links open in a new tab. We do not earn commission on issuer product pages. See our methodology + disclosure.
