The Schwab U.S. Broad Market ETF (SCHB) offers investors broad exposure to the U.S. equity market, tracking the Dow Jones U.S. Broad Stock Market Index. With assets under management (AUM) of $37.31 billion and a low expense ratio of 0.0300%, SCHB provides a cost-effective way to access a diverse portfolio of over 2400 stocks. The fund's key differentiator is its comprehensive market coverage at a very competitive price, making it a popular choice for investors seeking broad market exposure.
The Schwab U.S. Broad Market ETF (SCHB) offers investors broad exposure to the U.S. equity market, tracking the Dow Jones U.S. Broad Stock Market Index. With assets under management (AUM) of $37.31 billion and a low expense ratio of 0.0300%, SCHB provides a cost-effective way to access a diverse portfolio of over 2400 stocks. The fund's key differentiator is its comprehensive market coverage at a very competitive price, making it a popular choice for investors seeking broad market exposure.
ETF Overview
The fund’s goal is to track as closely as possible, before fees and expenses, the total return of the Dow Jones U.S. Broad Stock Market Index.
SCHB aims to replicate the performance of the Dow Jones U.S. Broad Stock Market Index, providing investors with exposure to a wide range of U.S. companies across all market capitalizations. This ETF is designed for investors seeking broad diversification within the U.S. equity market. SCHB's holdings include a significant allocation to technology companies, with top holdings like NVIDIA Corp (6.46%), Apple Inc (5.86%), and Microsoft Corp (4.38%). The fund's sector allocation is heavily weighted towards Technology (32.4%), followed by Financial Services (11.0%), Healthcare (10.0%), and Consumer Cyclical (9.9%). This broad diversification seeks to capture the overall performance of the U.S. stock market, making it a suitable option for investors looking for a core equity holding. SCHB's strategy differs from more targeted ETFs by offering comprehensive market coverage rather than focusing on specific sectors or investment styles.
Risk Metrics
SCHB, while broadly diversified, carries certain risks. Its significant allocation to the technology sector (32.4%) exposes it to sector-specific risks. The fund's beta of 1.04 indicates that it is slightly more volatile than the overall market. While the expense ratio of 0.0300% is low, it still represents a drag on performance over time. Concentration risk is present in the top holdings, with NVIDIA Corp and Apple Inc representing a significant portion of the fund's assets. Investors should be aware of these factors when considering SCHB for their portfolio. Past performance does not guarantee future results.
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Risk Metrics
Beta: 1.04
Questions & Answers
What is SCHB and what does it track?
The Schwab U.S. Broad Market ETF (SCHB) is an exchange-traded fund designed to track the performance of the Dow Jones U.S. Broad Stock Market Index. This index represents a wide range of U.S. companies across various market capitalizations, providing investors with broad exposure to the U.S. equity market. SCHB aims to replicate the index's total return, before fees and expenses, by investing in a portfolio of stocks that mirror the index's composition. As of 2026-03-15, SCHB has $37.31 billion in assets under management and holds over 2400 stocks.
What is the expense ratio for SCHB?
The expense ratio for SCHB is 0.0300%. This means that for every $10,000 invested in the fund, investors will pay $3 in annual expenses. This is significantly lower than the average expense ratio for equity ETFs, which is approximately 0.44%. SCHB's low expense ratio makes it a cost-effective option for investors seeking broad market exposure, as it minimizes the impact of fees on investment returns.
What are the top holdings in SCHB?
As of 2026-03-15, the top holdings in SCHB are NVIDIA Corp (6.46%), Apple Inc (5.86%), Microsoft Corp (4.38%), Amazon.com Inc (3.07%), and Alphabet Inc Class A (2.72%). These companies represent a significant portion of the fund's assets and contribute substantially to its overall performance. The concentration in these large-cap stocks reflects their prominence in the U.S. stock market and their weightings within the Dow Jones U.S. Broad Stock Market Index.
Is SCHB a good long-term investment?
Whether SCHB is a suitable long-term investment depends on an investor's individual circumstances and investment goals. SCHB offers broad diversification across the U.S. equity market and has a low expense ratio of 0.0300%, which can be beneficial for long-term investors. The fund's beta of 1.04 suggests it has similar volatility to the overall market. their may be worth researching risk tolerance, investment horizon, and diversification needs when evaluating SCHB as a long-term investment. Past performance does not guarantee future results.
How does SCHB compare to similar ETFs?
SCHB competes with other broad market ETFs, such as the Vanguard Total Stock Market ETF (VTI) and the iShares Core S&P Total U.S. Stock Market ETF (ITOT). SCHB distinguishes itself with its very low expense ratio of 0.0300%. As of 2026-03-15, SCHB has $37.31 billion in assets under management. All three ETFs aim to provide broad exposure to the U.S. stock market, but investors may choose based on expense ratio, tracking index, or trading volume.
Does SCHB pay dividends?
According to the latest data, SCHB's dividend yield is 0.00%. While SCHB invests in dividend-paying stocks, the overall yield reflects the composition of the Dow Jones U.S. Broad Stock Market Index, which includes many companies that do not pay dividends or have low dividend yields. Investors seeking income may want to consider other ETFs with a higher dividend yield.