Data as of Oct 28, 2026.

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IWB vs SCHB: Differences, Returns & Fees

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Over the year to Oct 28, 2026, IWB returned +13.1% to SCHB's +13.4%; 87% of their weight is in the same names.

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Net assets: $49.1bn on Oct 28, 2026 for iShares Russell 1000 ETF, and $44.6bn on Aug 31, 2026 for Schwab U.S. Broad Market ETF.

At a glance
+13.1%
IWB total return, 1 year
+13.4%
SCHB total return, 1 year
0.15%
IWB expense ratio
0.03%
SCHB expense ratio

Pair scorecard

SCHB costs 0.12 points a year less; their one-year returns differ by 0.3 points.

IWB vs SCHB: Differences, Returns & Fees
MeasureIWBSCHB
Return
Total return, 1 year+13.1%+13.4%
Benchmark
What it tracksRussell 1000 IndexDow Jones U.S. Broad Stock Market Index
Cost and size
Expense ratio0.15%0.03%
Net assets, IWB as of Oct 28, 2026 and SCHB as of Aug 31, 2026$49.1bn$44.6bn
Holdings
Holdings in common87%
Top ten holdings, share of the fund35.3%33.7%

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

What they share

87%

By the books each fund has filed, IWB and SCHB hold 87% of their money in the same securities at the same weight. Holdings dated Aug 31, 2026 and Oct 27, 2026.

0 half 100%

half

87% in common

Positions both hold · largest shared weight first IWB SCHB
NVIDIA 7.15% 7.20%
APPLE 7.06% 6.27%
MICROSOFT 5.56% 5.08%
AMAZON.COM INC 3.46% 3.42%
ALPHABET CLASS A 2.63% 2.68%
BROADCOM INC 2.24% 2.36%
ALPHABET CLASS C 2.12% 2.13%
META PLATFORMS CLASS A 1.92% 1.69%
MICRON TECHNOLOGY 1.47% 1.46%
TESLA INC 1.68% 1.40%
JPMORGAN CHASE & CO 1.26% 1.28%
BERKSHIRE HATHAWAY INC CLASS B 1.42% 1.25%
Only in one fund ↓
Only in IWB
APPLIED MATERIAL INC 0.44%
GE AEROSPACE 0.43%
TEXAS INSTRUMENT 0.40%
MCDONALDS CORP 0.25%
TJX 0.22%
PROLOGIS REIT 0.17%
LOWES COMPANIES INC 0.16%
EQUINIX REIT 0.14%
Only in SCHB
Applied Materials Inc 0.49%
General Electric Co 0.47%
Texas Instruments Inc 0.32%
McDonald's Corp 0.25%
Seagate Technology Holdings PLC 0.25%
TJX Cos Inc 0.20%
Prologis Inc 0.18%
Lowe's Cos Inc 0.15%
Check overlap with more funds →

Side by side

IWB iShares Russell 1000 ETF SCHB Schwab U.S. Broad Market ETF
Where it sits Stock ETF Stock ETF
What it is Tracks the Russell 1000 Tracks an index of US broad market
Total return, 1 year +13.1% +13.4%
Its benchmark over the same days +13.2% (VONE) not measured
Gap to its benchmark −0.1 pts vs VONE not measured
Expense ratio 0.15% 0.03%
Already in the S&P 500 91.7% 88.0%
Holdings 1025 2372
Net assets, IWB as of Oct 28, 2026 and SCHB as of Aug 31, 2026 $49.1bn $44.6bn

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

Client brief · page 1 of 2 Report BR-7DF475E82E

IWB and SCHB are built for the same job. How do they differ in cost, holdings and results?

  1. What each follows. IWB follows Russell 1000 Index and SCHB follows Dow Jones U.S. Broad Stock Market Index.
  2. Cost. IWB charges 0.15% of assets a year and SCHB 0.03%, a gap of 0.12 points.
  3. Holdings in common (similar). 87% of the weight is in the same securities (holdings dated Oct 27, 2026 and Aug 31, 2026).

Data as of Oct 28, 2026.

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About each fund
IWB

IWB tracks the Russell 1000. Over the year to Oct 28, 2026 it returned +13.1% with distributions reinvested, against +13.2% for its benchmark, the Russell 1000 Index. The prospectus expense ratio is 0.15% a year. By its holdings published by its issuer for Oct 27, 2026, 92% of the fund by weight is stocks the S&P 500 also holds, across 1,025 positions, with the top ten at 35.3%.

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, IWB or SCHB?
In the year to Oct 28, 2026, with distributions reinvested, IWB returned +13.1% and SCHB +13.4%.
Which is cheaper, IWB 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 IWB and SCHB overlap with the S&P 500?
By their latest filed holdings, 92% of IWB and 88% of SCHB by weight is stocks the S&P 500 already holds.
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ETFIQ, IWB against SCHB, data as of Oct 28, 2026. https://etfiq.com/compare/any/iwb-vs-schb

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