SCHB vs SCHM
Schwab U.S. Broad Market ETF vs Schwab U.S. Mid-Cap ETF
Last updated: 2026-04-10
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.
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 1.35%. 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 (34.8% vs 30.1%).
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 | 6.76% |
| Apple Inc.AAPL | 5.81% |
| Microsoft CorporationMSFT | 4.32% |
| Amazon.com, Inc.AMZN | 3.26% |
| Broadcom Inc.AVGO | 2.47% |
| Alphabet Inc.GOOG | 2.22% |
| Meta Platforms, Inc.META | 1.96% |
| Tesla, Inc.TSLA | 1.52% |
| Berkshire Hathaway Inc.BRK.B | 1.37% |
SCHM Top Holdings
| Name | Weight |
|---|---|
| Sandisk CorporationSNDK | 2.21% |
| Ciena CorporationCIEN | 1.27% |
| Lumentum Holdings Inc.LITE | 1.14% |
| Coherent Corp.COHR | 0.98% |
| Bloom Energy CorporationBE | 0.72% |
| Tapestry, Inc.TPR | 0.60% |
| TechnipFMC plcFTI | 0.60% |
| Casey's General Stores, Inc.CASY | 0.57% |
| Texas Pacific Land CorporationTPL | 0.54% |
| Curtiss-Wright CorporationCW | 0.53% |
Which One Should You Choose?
Choose SCHM if...
recent performance momentum matters to your strategy. Note that past performance doesn't guarantee future results.