Data as of Oct 28, 2026.

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SCHB vs SCHX: Differences, Returns & Fees

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Over the year to Oct 28, 2026, SCHB returned +13.4% to SCHX's +13.1%; 93% of their weight is in the same names.

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Net assets on Aug 31, 2026: $44.6bn for Schwab U.S. Broad Market ETF and $74.2bn for Schwab U.S. Large-Cap ETF.

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

Pair scorecard

Both cost 0.03% a year; their one-year returns differ by 0.3 points; SCHX is 1.7 times larger.

Points (pts) are percentage points.

SCHB vs SCHX: Differences, Returns & Fees
MeasureSCHBSCHX
Return
Total return, 1 year+13.4%+13.1%
Benchmark
What it tracksDow Jones U.S. Broad Stock Market IndexDow Jones U.S. Large-Cap Total Stock Market Index
Cost and size
Expense ratio0.03%0.03%
Net assets, as of Aug 31, 2026$44.6bn$74.2bn
Holdings
Holdings in common93%
Top ten holdings, share of the fund33.7%36.0%

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

Risk and return

Nov 13, 2009 to Oct 23, 2026 · 884 weekly returns
SCHB SCHX
Return
Total return edge SCHX (slight) +807.9% +831.5%
Annualized edge Tie +13.9% +14.0%
Price return edge SCHX (slight) +582.0% +597.2%
Risk
Volatility edge Tie 16.5% 16.2%
Max drawdown edge SCHX (slight) −33.3% −32.3%
Risk-adjusted
Sharpe edge SCHX (slight) 0.78 0.80
Sortino edge SCHX (slight) 1.13 1.16
Calmar edge SCHX (slight) 0.42 0.43
Reading

SCHX returned slightly more: +831.5% to +807.9%. SCHB and SCHX swung about the same: 16.5% and 16.2%. SCHX fell slightly less at its worst: −32.3% to −33.3%.

Full scorecard

9 measures, with how each is measured
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Risk and return: SCHB vs SCHX: Differences, Returns & Fees
MeasureSCHBSCHXEdgeHow it is measured
Return
Total return+807.9%+831.5%SCHX (slight)Price change plus distributions, reinvested.
Annualized+13.9%+14.0%TieTotal return as a yearly rate.
Price return+582.0%+597.2%SCHX (slight)Price change alone, distributions left out.
Risk
Volatility16.5%16.2%TieSpread of weekly returns, annualized. Lower is steadier.
Downside deviation11.4%11.2%SCHX (slight)Like volatility, counting only weeks below the Treasury bill rate.
Max drawdown−33.3%−32.3%SCHX (slight)Deepest fall from a high to the low after it.
Risk-adjusted
Sharpe0.780.80SCHX (slight)Return above Treasury bills per unit of volatility.
Sortino1.131.16SCHX (slight)Return above Treasury bills per unit of downside deviation.
Calmar0.420.43SCHX (slight)Annualized 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

93%

By the books each fund has filed, SCHB and SCHX hold 93% of their money in the same securities at the same weight. Holdings dated Aug 31, 2026.

0 half 100%

half

93% in common

Positions both hold · largest shared weight first SCHB SCHX
NVIDIA Corp 7.20% 7.69%
Apple Inc 6.27% 6.69%
Microsoft Corp 5.08% 5.42%
Amazon.com Inc 3.42% 3.66%
Alphabet Inc 2.68% 2.86%
Broadcom Inc 2.36% 2.52%
Alphabet Inc 2.13% 2.28%
Meta Platforms Inc 1.69% 1.81%
Micron Technology Inc 1.46% 1.56%
Tesla Inc 1.40% 1.49%
JPMorgan Chase & Co 1.28% 1.37%
Berkshire Hathaway Inc 1.25% 1.33%
Only in one fund ↓
Only in SCHB
Sandisk Corp 0.31%
Lumentum Holdings Inc 0.10%
Revolution Medicines Inc 0.06%
ATI Inc 0.04%
Coeur Mining Inc 0.03%
Guardant Health Inc 0.03%
MACOM Technology Solutions Holdings Inc 0.02%
MKS Inc 0.02%
Only in SCHX
Check overlap with more funds →

Side by side

SCHB Schwab U.S. Broad Market ETF SCHX Schwab U.S. Large-Cap ETF
Where it sits Stock ETF Stock ETF
Issuer Schwab Schwab
What it is Tracks an index of US broad market Tracks an index of U.S. Large-Cap
Total return, 1 year +13.4% +13.1%
Its benchmark over the same days not measured +13.7% (IVV)
Gap to its benchmark not measured −0.6 pts vs IVV
Expense ratio 0.03% 0.03%
Already in the S&P 500 88.0% 93.6%
Holdings 2372 747
Net assets, as of Aug 31, 2026 $44.6bn $74.2bn

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

Client brief · page 1 of 2 Report BR-924260173D

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

  1. What each follows. SCHB follows Dow Jones U.S. Broad Stock Market Index and SCHX follows Dow Jones U.S. Large-Cap Total Stock Market Index.
  2. Number of holdings. SCHB holds 2,372 positions and SCHX holds 747.
  3. Holdings in common (similar). 93% of the weight is in the same securities (holdings dated Aug 31, 2026).

Data as of Oct 28, 2026.

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About each fund
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%.

SCHX

SCHX tracks an index of U.S. Large-Cap. Over the year to Oct 28, 2026 it returned +13.1% with distributions reinvested, against +13.7% for its benchmark, the S&P 500 Index. By its holdings filed for Aug 31, 2026, 94% of the fund by weight is stocks the S&P 500 also holds, across 747 positions, with the top ten at 36.0%.

Questions people ask

Which returned more over the last year, SCHB or SCHX?
In the year to Oct 28, 2026, with distributions reinvested, SCHB returned +13.4% and SCHX +13.1%.
Which is cheaper, SCHB or SCHX?
Neither: SCHB and SCHX both charge 0.03% a year. Fees come from each fund's prospectus.
How much do SCHB and SCHX overlap with the S&P 500?
By their latest filed holdings, 88% of SCHB and 94% of SCHX by weight is stocks the S&P 500 already holds.
Other comparisons
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ETFIQ, SCHB against SCHX, data as of Oct 28, 2026. https://etfiq.com/compare/any/schb-vs-schx

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