SCHA vs SCHZ
Schwab U.S. Small-Cap ETF vs Schwab U.S. Aggregate Bond ETF
Last updated: 2026-04-02
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.
Schwab U.S. Aggregate Bond ETF (SCHZ) is an exchange-traded fund issued by Schwab that provides exposure to the broad U.S. investment-grade bond market. It charges a very low expense ratio of 0.03%. The fund offers a high dividend yield of 4.09%. Launched in 2011, the fund has a 15-year track record.
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 -0.1%. Income investors may prefer SCHZ for its higher yield (4.1% vs 1.2%).
Key Metrics
Performance Chart
Indexed to 100 at start (5-year comparison)
Performance Comparison
Fee Impact Over Time
Estimated fee cost difference assuming 8% annual returns
Risk Metrics
Based on 5 years of daily returns
Dividend Comparison
Top Holdings
SCHA Top Holdings
| Name | Weight |
|---|---|
| Sandisk CorporationSNDK | 2.27% |
| Lumentum Holdings Inc.LITE | 1.25% |
| ATI Inc.ATI | 0.48% |
| Nextpower Inc.NXT | 0.44% |
| Coeur Mining, Inc.CDE | 0.44% |
| Revolution Medicines, Inc.RVMD | 0.42% |
| EchoStar CorporationSATS | 0.39% |
| MKS Inc.MKSI | 0.37% |
| MACOM Technology Solutions Holdings, Inc.MTSI | 0.36% |
| The New York Times CompanyNYT | 0.33% |
Which One Should You Choose?
Choose SCHA if...
recent performance momentum matters to your strategy. Note that past performance doesn't guarantee future results.
Choose SCHZ if...
you prioritize dividend income and want higher regular distributions from your portfolio.