SCHB vs SCHM
Schwab U.S. Broad Market ETF vs Schwab U.S. Mid-Cap ETF
Last updated: 2026-04-02
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.
Schwab U.S. Mid-Cap ETF (SCHM) is an exchange-traded fund issued by Schwab that provides exposure to mid-cap U.S. companies balancing growth potential and stability. It charges a very low expense ratio of 0.04%. The fund offers a moderate dividend yield of 1.40%. 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. SCHM has edged ahead over the past year (18.8% vs 17.1%).
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
0 of top 9 holdings overlap (0% overlap in top holdings)
SCHB Top Holdings
| Name | Weight |
|---|---|
| NVIDIA CorporationNVDA | 6.59% |
| Apple Inc.AAPL | 5.91% |
| Microsoft CorporationMSFT | 4.29% |
| Amazon.com, Inc.AMZN | 3.15% |
| Broadcom Inc.AVGO | 2.31% |
| Alphabet Inc.GOOG | 2.07% |
| Meta Platforms, Inc.META | 1.86% |
| Tesla, Inc.TSLA | 1.65% |
| Berkshire Hathaway Inc.BRK.B | 1.39% |
SCHM Top Holdings
| Name | Weight |
|---|---|
| Sandisk CorporationSNDK | 1.95% |
| Ciena CorporationCIEN | 1.21% |
| Lumentum Holdings Inc.LITE | 1.07% |
| Coherent Corp.COHR | 0.98% |
| Bloom Energy CorporationBE | 0.74% |
| Texas Pacific Land CorporationTPL | 0.63% |
| TechnipFMC plcFTI | 0.62% |
| Tapestry, Inc.TPR | 0.60% |
| Casey's General Stores, Inc.CASY | 0.57% |
| FTAI Aviation Ltd.FTAI | 0.53% |