Data as of Oct 28, 2026.

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IYW vs SCHB: Differences, Returns & Fees

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Over the year to Oct 28, 2026, IYW returned +23.2% to SCHB's +13.4%; 39% of their weight is in the same names.

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Net assets: $25.0bn on Oct 27, 2026 for iShares U.S. Technology ETF, and $44.6bn on Aug 31, 2026 for Schwab U.S. Broad Market ETF.

At a glance
+23.2%
IYW total return, 1 year
+13.4%
SCHB total return, 1 year
0.37%
IYW expense ratio
0.03%
SCHB expense ratio

Pair scorecard

SCHB costs 0.34 points a year less; their one-year returns differ by 9.8 points.

IYW vs SCHB: Differences, Returns & Fees
MeasureIYWSCHB
Return
Total return, 1 year+23.2%+13.4%
Drawdown
Below its high5.5%, high on Oct 6, 2026
Benchmark
What it tracksRussell 1000 Technology RIC 22Dow Jones U.S. Broad Stock Market Index
Cost and size
Expense ratio0.37%0.03%
Net assets, IYW as of Oct 27, 2026 and SCHB as of Aug 31, 2026$25.0bn$44.6bn
Holdings
Holdings in common39%
Top ten holdings, share of the fund65.1%33.7%

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

Risk and return

Nov 13, 2009 to Oct 23, 2026 · 884 weekly returns
IYW SCHB
Return
Total return edge IYW +1,950.7% +807.9%
Annualized edge IYW +19.4% +13.9%
Price return edge IYW +1,721.2% +582.0%
Risk
Volatility edge SCHB 21.0% 16.5%
Max drawdown edge SCHB −38.4% −33.3%
Risk-adjusted
Sharpe edge IYW 0.88 0.78
Sortino edge IYW 1.33 1.13
Calmar edge IYW 0.51 0.42
Reading

IYW returned more: +1,950.7% to +807.9%. SCHB swung less: 16.5% to 21.0%. SCHB fell less at its worst: −33.3% to −38.4%.

Full scorecard

9 measures, with how each is measured
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Risk and return: IYW vs SCHB: Differences, Returns & Fees
MeasureIYWSCHBEdgeHow it is measured
Return
Total return+1,950.7%+807.9%IYWPrice change plus distributions, reinvested.
Annualized+19.4%+13.9%IYWTotal return as a yearly rate.
Price return+1,721.2%+582.0%IYWPrice change alone, distributions left out.
Risk
Volatility21.0%16.5%SCHBSpread of weekly returns, annualized. Lower is steadier.
Downside deviation13.9%11.4%SCHBLike volatility, counting only weeks below the Treasury bill rate.
Max drawdown−38.4%−33.3%SCHBDeepest fall from a high to the low after it.
Risk-adjusted
Sharpe0.880.78IYWReturn above Treasury bills per unit of volatility.
Sortino1.331.13IYWReturn above Treasury bills per unit of downside deviation.
Calmar0.510.42IYWAnnualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 884 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

39%

By the books each fund has filed, IYW and SCHB hold 39% of their money in the same securities at the same weight. Holdings dated Aug 31, 2026 and Oct 27, 2026.

0 half 100%

half

39% in common

Positions both hold · largest shared weight first IYW SCHB
NVIDIA 16.81% 7.20%
APPLE 16.60% 6.27%
MICROSOFT 13.07% 5.08%
ALPHABET CLASS A 2.38% 2.68%
BROADCOM INC 3.14% 2.36%
ALPHABET CLASS C 1.92% 2.13%
META PLATFORMS CLASS A 3.02% 1.69%
MICRON TECHNOLOGY 2.73% 1.46%
ADVANCED MICRO DEVICES 3.04% 1.03%
INTEL CORPORATION 2.12% 0.59%
PALANTIR TECHNOLOGIES CLASS A 2.18% 0.58%
LAM RESEARCH 1.49% 0.51%
Only in one fund ↓
Only in IYW
APPLIED MATERIAL INC 1.55%
TEXAS INSTRUMENT 1.39%
COGNIZANT TECHNOLOGY SOLUTIONS CLA 0.15%
CDW 0.10%
SS AND C TECHNOLOGIES HOLDINGS 0.08%
IREN 0.05%
AMDOCS 0.03%
GLOBALFOUNDRIES 0.03%
Only in SCHB
Amazon.com Inc 3.42%
Tesla Inc 1.40%
JPMorgan Chase & Co 1.28%
Berkshire Hathaway Inc 1.25%
Eli Lilly & Co 1.23%
ExxonMobil Holdings Corp 0.90%
Johnson & Johnson 0.86%
Visa Inc 0.85%
Check overlap with more funds →

Side by side

IYW iShares U.S. Technology ETF SCHB Schwab U.S. Broad Market ETF
Where it sits Stock ETF Stock ETF
What it is Tracks an index of U.S. Technology Tracks an index of US broad market
Total return, 1 year +23.2% +13.4%
Its benchmark over the same days +13.1% (IWB) not measured
Gap to its benchmark +10.1 pts vs IWB not measured
Expense ratio 0.37% 0.03%
Already in the S&P 500 94.3% 88.0%
Holdings 150 2372
Net assets, IYW as of Oct 27, 2026 and SCHB as of Aug 31, 2026 $25.0bn $44.6bn

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

Client brief · page 1 of 2 Report BR-07EC053257

IYW and SCHB do different jobs. What does each one do in a portfolio?

  1. What each follows. IYW follows Russell 1000 Technology RIC 22 and SCHB follows Dow Jones U.S. Broad Stock Market Index.
  2. Holdings in common. 39% of the weight is in the same securities (holdings dated Oct 27, 2026 and Aug 31, 2026).
  3. One-year total return. Over 1 year to Oct 28, 2026 IYW returned +23.2% and SCHB +13.4% with distributions reinvested, a gap of 9.8 points.

Data as of Oct 28, 2026.

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About each fund
IYW

IYW tracks an index of U.S. Technology. Over the year to Oct 28, 2026 it returned +23.2% with distributions reinvested, against +13.1% for its benchmark, the Russell 1000 Index. The prospectus expense ratio is 0.37% 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 150 positions, with the top ten at 65.1%. It sat 5.5% 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, IYW or SCHB?
In the year to Oct 28, 2026, with distributions reinvested, IYW returned +23.2% and SCHB +13.4%.
Which is cheaper, IYW or SCHB?
SCHB is cheaper, by 0.34 percentage points a year. That is about $34 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do IYW and SCHB overlap with the S&P 500?
By their latest filed holdings, 94% of IYW and 88% of SCHB by weight is stocks the S&P 500 already holds.
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ETFIQ, IYW against SCHB, data as of Oct 28, 2026. https://etfiq.com/compare/any/iyw-vs-schb

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