ETF Versus

SCHA vs SCHB

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

Last updated: 2026-04-10

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 1.11%. Launched in 2009, the fund has a 17-year track record.

AUM: $20.9B ER: 0.04% Yield: 1.11% 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 1.13%. Launched in 2009, the fund has a 17-year track record.

AUM: $38.5B ER: 0.03% Yield: 1.13% 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 43.7% return vs 30.1%.

Key Metrics

Metric SCHA SCHB
Expense Ratio 0.04% 0.03%
Dividend Yield 1.1% 1.1%
Fund Family Schwab Schwab
Category US Small Cap US Total Market

Performance Chart

Indexed to 100 at start (5-year comparison)

70 89 108 127 146 165 2021-04 2022-07 2023-10 2025-01 2026-04
SCHA +21.7%
SCHB +57.1%

Performance Comparison

Period SCHA SCHB Difference
1 Month +4.21% +0.69% +3.52%
3 Months +1.72% -2.24% +3.96%
6 Months +10.44% +2.54% +7.90%
YTD +6.53% -0.27% +6.80%
1 Year +43.70% +30.09% +13.61%
3 Years +47.64% +64.72% -17.08%
5 Years +21.71% +57.06% -35.35%

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 0.08 0.35

Dividend Comparison

Metric SCHA SCHB
Annual Dividend (per share) $0.34 $0.30
Dividend Yield 1.11% 1.12%
Distribution Frequency Quarterly Quarterly

Top Holdings

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

SCHA Top Holdings

NameWeight
Sandisk CorporationSNDK2.51%
Lumentum Holdings Inc.LITE1.39%
ATI Inc.ATI0.48%
Coeur Mining, Inc.CDE0.47%
Revolution Medicines, Inc.RVMD0.42%
EchoStar CorporationSATS0.40%
Nextpower Inc.NXT0.39%
MKS Inc.MKSI0.38%
MACOM Technology Solutions Holdings, Inc.MTSI0.37%
Rocket Companies, Inc.RKT0.34%

SCHB Top Holdings

NameWeight
NVIDIA CorporationNVDA6.76%
Apple Inc.AAPL5.81%
Microsoft CorporationMSFT4.32%
Amazon.com, Inc.AMZN3.26%
Broadcom Inc.AVGO2.47%
Alphabet Inc.GOOG2.22%
Meta Platforms, Inc.META1.96%
Tesla, Inc.TSLA1.52%
Berkshire Hathaway Inc.BRK.B1.37%

Which One Should You Choose?

Choose SCHA if...

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

Related Comparisons