ETF Versus

SCHA vs SCHB

Schwab U.S. Small-Cap ETF vs Schwab U.S. Broad Market ETF

Last updated: 2026-04-02

SCHA Schwab

Schwab U.S. Small-Cap ETF (SCHA) is an exchange-traded fund issued by Schwab that provides exposure to small-cap U.S. equities with higher growth potential and volatility. It charges a very low expense ratio of 0.04%. The fund offers a moderate dividend yield of 1.16%. Launched in 2009, the fund has a 17-year track record.

AUM: $19.4B ER: 0.04% Yield: 1.16% Since: Nov 3, 2009
SCHB Schwab

Schwab U.S. Broad Market ETF (SCHB) is an exchange-traded fund issued by Schwab that provides exposure to the total U.S. stock market across all capitalizations. It charges a very low expense ratio of 0.03%. The fund offers a moderate dividend yield of 1.17%. Launched in 2009, the fund has a 17-year track record.

AUM: $36.0B ER: 0.03% Yield: 1.17% Since: Nov 3, 2009

Quick Verdict

Both funds have nearly identical expense ratios (0.03% vs 0.04%), so fees are not a differentiator here. Over the past year, SCHA has significantly outperformed with a 25.0% return vs 17.1%.

Key Metrics

Metric SCHA SCHB
Expense Ratio 0.04% 0.03%
Dividend Yield 1.2% 1.2%
Fund Family Schwab Schwab
Category US Small Cap US Total Market

Performance Chart

Indexed to 100 at start (5-year comparison)

75 93 111 129 147 165 2021-04 2022-06 2023-09 2024-12 2026-04
SCHA +15.6%
SCHB +53.3%

Performance Comparison

Period SCHA SCHB Difference
1 Month -4.46% -4.60% +0.14%
3 Months +1.91% -3.84% +5.75%
6 Months +3.86% -2.09% +5.95%
YTD +1.91% -3.84% +5.75%
1 Year +25.00% +17.08% +7.92%
3 Years +40.06% +58.12% -18.06%
5 Years +15.59% +53.27% -37.68%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment Period SCHA Fees SCHB Fees You Save
$10.000 10 years $80 $60 $20
$10.000 20 years $344 $258 $86
$10.000 30 years $1.112 $835 $277
$50.000 10 years $399 $299 $100
$50.000 30 years $5.560 $4.176 $1.385
$100.000 30 years $11.121 $8.352 $2.769

Risk Metrics

Based on 5 years of daily returns

Metric SCHA SCHB
Annualized Volatility 22.0% 17.3%
Max Drawdown -31.6% -26.2%
Sharpe Ratio 0.04 0.32

Dividend Comparison

Metric SCHA SCHB
Annual Dividend (per share) $0.34 $0.30
Dividend Yield 1.16% 1.17%
Distribution Frequency Quarterly Quarterly

Top Holdings

0 of top 9 holdings overlap (0% overlap in top holdings)

SCHA Top Holdings

NameWeight
Sandisk CorporationSNDK2.27%
Lumentum Holdings Inc.LITE1.25%
ATI Inc.ATI0.48%
Nextpower Inc.NXT0.44%
Coeur Mining, Inc.CDE0.44%
Revolution Medicines, Inc.RVMD0.42%
EchoStar CorporationSATS0.39%
MKS Inc.MKSI0.37%
MACOM Technology Solutions Holdings, Inc.MTSI0.36%
The New York Times CompanyNYT0.33%

SCHB Top Holdings

NameWeight
NVIDIA CorporationNVDA6.59%
Apple Inc.AAPL5.91%
Microsoft CorporationMSFT4.29%
Amazon.com, Inc.AMZN3.15%
Broadcom Inc.AVGO2.31%
Alphabet Inc.GOOG2.07%
Meta Platforms, Inc.META1.86%
Tesla, Inc.TSLA1.65%
Berkshire Hathaway Inc.BRK.B1.39%

Which One Should You Choose?

Choose SCHA if...

recent performance momentum matters to your strategy. Note that past performance doesn't guarantee future results.

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