FVAL vs SCHB: Differences, Returns & Fees
FVAL and SCHB hold 48% of their weight in the same names, and FVAL returned +20.9% over the year. Net assets: $1.4bn on Sep 30, 2026 for Fidelity Value Factor ETF, and $43.3bn on May 31, 2026 for Schwab U.S. Broad Market ETF.
SCHB costs 0.12 points a year less; their one-year returns differ by 4.1 points.
| FVAL | SCHB | |
|---|---|---|
| Expense ratio | 0.15% | 0.03% |
| Net assets, FVAL as of Sep 30, 2026 and SCHB as of May 31, 2026 | $1.4bn | $43.3bn |
| Total return, 1 year | +20.9% | +16.8% |
| What it tracks | Fidelity U.S. Value Factor Index | Dow Jones U.S. Broad Stock Market Index |
| Holdings in common | 48% | |
| Top ten holdings, share of the fund | 42.3% | 34.9% |
Holdings in common uses holdings dated May 31, 2026 and Jul 31, 2026.
What they hold in common
By the books each fund has filed, FVAL and SCHB hold 48% 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.
half
48% in common
On the same fields
FVAL and SCHB on the fields both publish, as of Oct 9, 2026. Source: ETFIQ.
About FVAL
FVAL tracks an index. Over the year to Oct 9, 2026 it returned +20.9% with distributions reinvested. The prospectus expense ratio is 0.15% a year. By its holdings filed for Jul 31, 2026, 92% of the fund by weight is stocks the S&P 500 also holds, across 124 positions, with the top ten at 42.3%.
About SCHB
SCHB tracks an index of US broad market. Over the year to Oct 9, 2026 it returned +16.8% with distributions reinvested. 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 returned more over the last year, FVAL or SCHB?
- In the year to Oct 9, 2026, with distributions reinvested, FVAL returned +20.9% and SCHB +16.8%.
- Which is cheaper, FVAL or SCHB?
- SCHB is cheaper, by 0.12 percentage points a year. That is about $12 on $10,000 held for a year. Fees come from each fund's prospectus.
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, FVAL against SCHB, data as of Oct 9, 2026. https://etfiq.com/compare/any/fval-vs-schb
ETFIQ. (Oct 9, 2026). FVAL against SCHB. Retrieved from https://etfiq.com/compare/any/fval-vs-schb
[FVAL against SCHB (ETFIQ, Oct 9, 2026)](https://etfiq.com/compare/any/fval-vs-schb)
Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms.