Which is cheaper, DFAL or SCHB?

SCHB is cheaper, by 0.09 percentage points a year. That is about $9 on $10,000 held for a year. Fees come from each fund's prospectus.

How much do DFAL and SCHB overlap with the S&P 500?

By their latest filed holdings, 54% of DFAL and 89% of SCHB by weight is stocks the S&P 500 already holds.

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DFAL vs SCHB: Differences, Returns & Fees

DFAL and SCHB hold 54% of their weight in the same names. Net assets: $1.5bn on Jul 31, 2026 for Dimensional US Large Cap Core Equity Market ETF, and $43.3bn on May 31, 2026 for Schwab U.S. Broad Market ETF.

SCHB costs 0.09 points a year less.

	DFAL	SCHB
Expense ratio	0.12%	0.03%
Net assets, DFAL as of Jul 31, 2026 and SCHB as of May 31, 2026	$1.5bn	$43.3bn
Total return, 1 year	not published	+16.8%
What it tracks	not published	Dow Jones U.S. Broad Stock Market Index
Holdings in common	54%
Top ten holdings, share of the fund	56.6%	34.9%

Holdings in common uses holdings dated May 31, 2026 and Jul 31, 2026.

+6.3%

DFAL total return, since launch, Jun 23, 2026

+16.8%

SCHB total return, 1 year

0.12%

DFAL expense ratio

0.03%

SCHB expense ratio

What they hold in common

By the books each fund has filed, DFAL and SCHB hold 54% of their money in the same securities at the same weight. Above 50%, holding both is close to holding one of them twice. Holdings dated May 31, 2026 and Jul 31, 2026.

50%

half

54% in common

Positions both hold, largest shared weight first

Holding DFAL SCHB

NVIDIA CORPORATION 3.93% 7.02%

APPLE INC. 3.83% 6.26%

MICROSOFT CORPORATION 2.82% 4.57%

AMAZON.COM, INC. 2.38% 3.62%

ALPHABET INC. 2.09% 3.03%

BROADCOM INC. 1.57% 2.90%

ALPHABET INC. 1.27% 2.41%

META PLATFORMS, INC. 1.07% 1.89%

JPMORGAN CHASE & CO. 0.87% 1.10%

ELI LILLY AND COMPANY 0.85% 1.20%

BERKSHIRE HATHAWAY INC. 0.76% 1.19%

TESLA, INC. 0.70% 1.68%

Only in DFAL

iShares Russell Top 200 Growth Index ETF 13.12%

Ishares Russell Top 200 Value Index Fund 8.84%

DFA Dimensional US Marketwide Value ETF 7.98%

Dimensional U S Core Equity 2 ETF 6.89%

iShares Russell Mid-Cap Value ETF 4.68%

EXXONMOBIL HOLDINGS CORPORATION 0.51%

iShares Russell Mid-Cap Growth ETF 0.11%

HONEYWELL AEROSPACE INC. 0.06%

Only in SCHB

Exxon Mobil Corp 0.83%

Honeywell International Inc 0.21%

Welltower Inc 0.20%

Warner Bros Discovery Inc 0.09%

Simon Property Group Inc 0.09%

Digital Realty Trust Inc 0.08%

Realty Income Corp 0.08%

Strategy Inc 0.07%

Check overlap with more funds →

On the same fields

DFAL

Dimensional US Large Cap Core Equity Market ETF

SCHB

Schwab U.S. Broad Market ETF

Where it sits Stock ETF Stock ETF

Issuer Dimensional Schwab

What it is Equity fund Tracks an index of US broad market

Total return, 1 year +6.3% (since launch, Jun 23, 2026) +16.8%

S&P 500 over the same days +6.4% (since launch, Jun 23, 2026) +17.3%

Gap to the S&P 500 −0.1 pts (since launch, Jun 23, 2026) −0.4 pts

Expense ratio 0.12% 0.03%

Already in the S&P 500 53.9% 88.8%

Holdings 545 2405

Net assets, DFAL as of Jul 31, 2026 and SCHB as of May 31, 2026 $1.5bn $43.3bn

DFAL and SCHB on the fields both publish, as of Oct 9, 2026. Source: ETFIQ.

DFAL in plain words

The prospectus expense ratio is 0.12% a year. By its holdings filed for Jul 31, 2026, 54% of the fund by weight is stocks the S&P 500 also holds, across 545 positions, with the top ten at 56.6%.

SCHB in plain words

SCHB tracks an index of US broad market. Over the year to Oct 9, 2026 it returned +16.8% with distributions reinvested, against +17.3% for the S&P 500. The prospectus expense ratio is 0.03% a year. By its holdings filed for May 31, 2026, 89% of the fund by weight is stocks the S&P 500 also holds, across 2,405 positions, with the top ten at 34.9%.

Questions people ask

Which is cheaper, DFAL or SCHB?: SCHB is cheaper, by 0.09 percentage points a year. That is about $9 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do DFAL and SCHB overlap with the S&P 500?: By their latest filed holdings, 54% of DFAL and 89% of SCHB by weight is stocks the S&P 500 already holds.

Other comparisons

DFAL vs DYNF DFAL vs DIA DFAL vs QUAL DFAL vs IWB SCHB vs SEIM PDP vs SCHB SCHB vs USXF QQQE vs SCHB

DFAL on its own →SCHB on its own →Hold both: look the portfolio through →Rankings →Standards and sources →

Where these figures came from

DFAL filings on SEC EDGAR ↗DFAL prospectus with the expense ratio (SEC) ↗Dimensional website ↗SCHB filings on SEC EDGAR ↗SCHB prospectus with the expense ratio (SEC) ↗Schwab website ↗

ETFIQ links to the documents behind every figure; a link is not an endorsement. A comparison is not a recommendation.

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

Cite this pageCitation, APA and Markdown

ETFIQ, DFAL against SCHB, data as of Oct 9, 2026. https://etfiq.com/compare/any/dfal-vs-schb

Open data

Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms.