Core Viewpoint - Targeting growth investment themes through ETFs is more effective than selecting individual stocks, with the Schwab U.S. Large-Cap Growth ETF (SCHG) identified as a strong candidate for market outperformance over the next five years [1][2]. Summary by Sections ETF Overview - The Schwab U.S. Large-Cap Growth ETF (SCHG) tracks the Dow Jones U.S. Large-Cap Growth Total Stock Market index and includes over 200 U.S. stocks selected for their higher expected earnings and revenue growth [5]. - SCHG focuses on companies that aggressively reinvest in their business, expand globally, and capitalize on long-term trends such as software adoption, digital commerce, cloud infrastructure, and innovative technology [6]. Portfolio Composition - The ETF has significant exposure to the tech and communication services sectors, while also including growth-oriented companies from healthcare, consumer discretionary, and industrial sectors, indicating a diverse growth leadership beyond just a few mega-cap names [7]. Cost Efficiency - SCHG features a low expense ratio of 0.04%, making it one of the most cost-effective options in the growth ETF space, which is crucial for achieving significant outperformance [8]. Future Outlook - The next five years could favor SCHG if growth stocks experience further earnings momentum, lower interest rates, and improved market breadth, potentially leading to significant outperformance [10]. - To achieve a 25% outperformance over the S&P 500, SCHG would need to exceed the index's annual returns by approximately 5%, necessitating a return of about 13% if the S&P 500 returns 8% annually [11].