IWV vs SCHB: Differences, Returns & Fees
IWV and SCHB hold 84% of their weight in the same names. Net assets: $20.6bn on Oct 9, 2026 for iShares Russell 3000 ETF, and $43.3bn on May 31, 2026 for Schwab U.S. Broad Market ETF.
SCHB costs 0.17 points a year less; their one-year returns differ by 0.1 points; SCHB is 2.1 times larger.
| IWV | SCHB | |
|---|---|---|
| Expense ratio | 0.20% | 0.03% |
| Net assets, as of Feb 28, 2025 | $15.5bn | $32.9bn |
| Total return, 1 year | +16.7% | +16.8% |
| What it tracks | Russell 3000 Index | Dow Jones U.S. Broad Stock Market Index |
| Holdings in common | 84% | |
| Top ten holdings, share of the fund | 34.7% | 34.9% |
Holdings in common uses holdings dated May 31, 2026 and Oct 9, 2026.
What they hold in common
By the books each fund has filed, IWV and SCHB hold 84% 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 Oct 9, 2026.
half
84% in common
On the same fields
IWV and SCHB on the fields both publish, as of Oct 9, 2026. Source: ETFIQ.
About IWV
IWV tracks an index. Over the year to Oct 9, 2026 it returned +16.7% with distributions reinvested, against +16.8% for its benchmark, the Russell 3000 Index. The prospectus expense ratio is 0.20% a year. By its holdings published by its issuer for Oct 9, 2026, 88% of the fund by weight is stocks the S&P 500 also holds, across 2,600 positions, with the top ten at 34.7%.
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, IWV or SCHB?
- In the year to Oct 9, 2026, with distributions reinvested, IWV returned +16.7% and SCHB +16.8%.
- Which is cheaper, IWV or SCHB?
- SCHB is cheaper, by 0.17 percentage points a year. That is about $17 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, IWV against SCHB, data as of Oct 9, 2026. https://etfiq.com/compare/any/iwv-vs-schb
ETFIQ. (Oct 9, 2026). IWV against SCHB. Retrieved from https://etfiq.com/compare/any/iwv-vs-schb
[IWV against SCHB (ETFIQ, Oct 9, 2026)](https://etfiq.com/compare/any/iwv-vs-schb)
Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms.