Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
IWB vs SCHX: how they differ
IWB and SCHX hold 90% of their weight in the same names.
iShares Russell 1000 ETF and Schwab U.S. Large-Cap ETF.
What they hold in common
By the books each fund has filed, IWB and SCHX hold 90% of their money in the same securities at the same weight.
| Holding | IWB | SCHX |
|---|---|---|
| NVIDIA CORPORATION | 6.73% | 7.51% |
| APPLE INC. | 6.03% | 6.71% |
| MICROSOFT CORPORATION | 4.00% | 4.89% |
| AMAZON.COM, INC. | 3.33% | 3.87% |
| ALPHABET INC. | 3.00% | 3.24% |
| BROADCOM INC. | 2.54% | 3.10% |
| ALPHABET INC. | 2.42% | 2.58% |
| META PLATFORMS, INC. | 1.79% | 2.02% |
| TESLA, INC. | 1.77% | 1.79% |
| MICRON TECHNOLOGY, INC. | 1.88% | 1.60% |
| ELI LILLY AND COMPANY | 1.38% | 1.28% |
| BERKSHIRE HATHAWAY INC. | 1.34% | 1.27% |
| Only in IWB | Only in SCHX |
|---|---|
| SANDISK CORPORATION 0.48% | Linde PLC 0.34% |
| LINDE PUBLIC LIMITED COMPANY 0.34% | Seagate Technology Holdings PLC 0.28% |
| EATON CORPORATION PUBLIC LIMITED COMPANY 0.24% | Eaton Corp PLC 0.23% |
| Chubb Limited 0.17% | Honeywell International Inc 0.22% |
| TRANE TECHNOLOGIES PUBLIC LIMITED COMPAN 0.16% | Accenture PLC 0.17% |
| MEDTRONIC PUBLIC LIMITED COMPANY 0.14% | Chubb Ltd 0.17% |
| SPACE EXPLORATION TECHNOLOGIES CORP. 0.13% | Trane Technologies PLC 0.15% |
| JOHNSON CONTROLS INTERNATIONAL PUBLIC LI 0.13% | Medtronic PLC 0.14% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Jun 30, 2026 and May 31, 2026.
| IWB iShares Russell 1000 ETF | SCHX Schwab U.S. Large-Cap ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | Schwab |
| What it is | Russell 1000 | U.S. Large-Cap |
| Total return, 1 year | +16.7% | +16.8% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | −0.8 pts | −0.7 pts |
| Expense ratio | 0.15% | 0.03% |
| Already in the S&P 500 | 91.9% | 94.9% |
| Holdings | 1024 | 748 |
IWB in plain words
IWB is an index equity fund tracking the Russell 1000. Over the year to Sep 11, 2026 it returned +16.7% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.15% a year. By its holdings filed for Jun 30, 2026, 92% of the fund by weight is stocks the S&P 500 also holds, across 1024 positions, with the top ten at 33.5%.
SCHX in plain words
SCHX is an index equity fund tracking the U.S. Large-Cap. Over the year to Sep 11, 2026 it returned +16.8% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.03% a year. By its holdings filed for May 31, 2026, 95% of the fund by weight is stocks the S&P 500 also holds, across 748 positions, with the top ten at 37.3%.
Questions people ask
- Which returned more over the last year, IWB or SCHX?
- In the year to Sep 12, 2026, with distributions reinvested, IWB returned +16.7% and SCHX returned +16.8%, so SCHX returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, IWB or SCHX?
- IWB charges 0.15% a year and SCHX charges 0.03%, so SCHX is cheaper. Fees come from each fund's prospectus.
- How much do IWB and SCHX overlap with the S&P 500?
- By their latest filed holdings, 92% of IWB and 95% of SCHX by weight is stocks the S&P 500 already holds. Between the two funds, 90% of their books are the same securities at the same weight.
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Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, IWB against SCHX, data as of Sep 12, 2026. https://etfiq.com/compare/any/IWB-SCHX Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources