Data as of Oct 28, 2026.

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GARP vs SCHB: Differences, Returns & Fees

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Over the year to Oct 28, 2026, GARP returned +18.0% to SCHB's +13.4%; 43% of their weight is in the same names.

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Net assets: $3.6bn on Oct 27, 2026 for iShares MSCI USA Quality GARP ETF, and $44.6bn on Aug 31, 2026 for Schwab U.S. Broad Market ETF.

At a glance
+18.0%
GARP total return, 1 year
+13.4%
SCHB total return, 1 year
0.15%
GARP expense ratio
0.03%
SCHB expense ratio

Pair scorecard

SCHB costs 0.12 points a year less; their one-year returns differ by 4.6 points.

GARP vs SCHB: Differences, Returns & Fees
MeasureGARPSCHB
Return
Total return, 1 year+18.0%+13.4%
Drawdown
Below its high7.0%, high on Oct 6, 2026
Benchmark
What it tracksMSCI USA Quality GARP Select IndexDow Jones U.S. Broad Stock Market Index
Cost and size
Expense ratio0.15%0.03%
Net assets, GARP as of Oct 27, 2026 and SCHB as of Aug 31, 2026$3.6bn$44.6bn
Holdings
Holdings in common43%
Top ten holdings, share of the fund43.5%33.7%

Holdings in common uses holdings dated Aug 31, 2026 and Oct 27, 2026. Method

What they share

43%

By the books each fund has filed, GARP and SCHB hold 43% of their money in the same securities at the same weight. Holdings dated Aug 31, 2026 and Oct 27, 2026.

0 half 100%

half

43% in common

Positions both hold · largest shared weight first GARP SCHB
APPLE 5.66% 6.27%
NVIDIA 5.18% 7.20%
MICROSOFT 5.67% 5.08%
ALPHABET CLASS A 2.24% 2.68%
ALPHABET CLASS C 2.12% 2.13%
AMAZON.COM INC 2.12% 3.42%
BROADCOM INC 1.70% 2.36%
META PLATFORMS CLASS A 4.72% 1.69%
MICRON TECHNOLOGY 4.61% 1.46%
ELI LILLY 1.78% 1.23%
ADVANCED MICRO DEVICES 2.01% 1.03%
VISA CLASS A 5.13% 0.85%
Only in one fund ↓
Only in GARP
APPLIED MATERIAL INC 2.07%
MERCADOLIBRE 1.86%
ROYAL CARIBBEAN GROUP 1.83%
GE AEROSPACE 0.93%
SPACE EXPLORATION TECHNOLOGIES COR 0.16%
MARRIOTT INTERNATIONAL CLASS A 0.15%
HEICO 0.07%
ROCKET COMPANIES INC CLASS A 0.04%
Only in SCHB
Tesla Inc 1.40%
JPMorgan Chase & Co 1.28%
Berkshire Hathaway Inc 1.25%
ExxonMobil Holdings Corp 0.90%
Johnson & Johnson 0.86%
Walmart Inc 0.62%
AbbVie Inc 0.61%
Cisco Systems Inc 0.59%
Check overlap with more funds →

Side by side

GARP iShares MSCI USA Quality GARP ETF SCHB Schwab U.S. Broad Market ETF
Where it sits Stock ETF Stock ETF
What it is Tracks the MSCI USA Quality GARP Tracks an index of US broad market
Total return, 1 year +18.0% +13.4%
Its benchmark over the same days +13.3% (PBUS) not measured
Gap to its benchmark +4.7 pts vs PBUS not measured
Expense ratio 0.15% 0.03%
Already in the S&P 500 94.4% 88.0%
Holdings 131 2372
Net assets, GARP as of Oct 27, 2026 and SCHB as of Aug 31, 2026 $3.6bn $44.6bn

GARP and SCHB on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

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About each fund
GARP

GARP tracks the MSCI USA Quality GARP. Over the year to Oct 28, 2026 it returned +18.0% with distributions reinvested, against +13.3% for its benchmark, the MSCI USA Index. The prospectus expense ratio is 0.15% a year. By its holdings published by its issuer for Oct 27, 2026, 94% of the fund by weight is stocks the S&P 500 also holds, across 131 positions, with the top ten at 43.5%. It sat 7.0% below its high of Oct 6, 2026 on Oct 28, 2026.

SCHB

SCHB tracks an index of US broad market. Over the year to Oct 28, 2026 it returned +13.4% with distributions reinvested. The prospectus expense ratio is 0.03% a year. By its holdings filed for Aug 31, 2026, 88% of the fund by weight is stocks the S&P 500 also holds, across 2,372 positions, with the top ten at 33.7%.

Questions people ask

Which returned more over the last year, GARP or SCHB?
In the year to Oct 28, 2026, with distributions reinvested, GARP returned +18.0% and SCHB +13.4%.
Which is cheaper, GARP 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.
How much do GARP and SCHB overlap with the S&P 500?
By their latest filed holdings, 94% of GARP and 88% of SCHB by weight is stocks the S&P 500 already holds.
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ETFIQ, GARP against SCHB, data as of Oct 28, 2026. https://etfiq.com/compare/any/garp-vs-schb

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