SCHB vs THRO: Differences, Returns & Fees

SCHB and THRO hold 57% of their weight in the same names, and THRO returned +18.3% over the year. Net assets: $43.3bn on May 31, 2026 for Schwab U.S. Broad Market ETF, and $7.5bn on Oct 9, 2026 for iShares U.S. Thematic Rotation Active ETF.

SCHB costs 0.54 points a year less; their one-year returns differ by 1.5 points; SCHB is far larger, $32.9bn against $336m.

SCHB vs THRO: Differences, Returns & Fees
SCHBTHRO
Expense ratio0.03%0.57%
Net assets, as of Feb 28, 2025$32.9bn$336m
Total return, 1 year+16.8%+18.3%
What it tracksDow Jones U.S. Broad Stock Market IndexNo index, actively managed
Holdings in common57%
Top ten holdings, share of the fund34.9%43.5%

Holdings in common uses holdings dated May 31, 2026 and Oct 9, 2026.

+16.8%
SCHB total return, 1 year
+18.3%
THRO total return, 1 year
0.03%
SCHB expense ratio
0.57%
THRO expense ratio

What they hold in common

By the books each fund has filed, SCHB and THRO hold 57% 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

57% in common

Positions both hold, largest shared weight first
Holding SCHB THRO
NVIDIA Corp 7.02% 8.35%
Apple Inc 6.26% 8.22%
Microsoft Corp 4.57% 6.41%
Amazon.com Inc 3.62% 4.63%
Alphabet Inc 3.03% 3.85%
Broadcom Inc 2.90% 2.13%
Alphabet Inc 2.41% 1.90%
Meta Platforms Inc 1.89% 1.93%
Micron Technology Inc 1.49% 2.48%
Tesla Inc 1.68% 1.39%
Advanced Micro Devices Inc 1.15% 1.90%
JPMorgan Chase & Co 1.10% 2.57%
Only in SCHB
Exxon Mobil Corp 0.83%
Mastercard Inc 0.55%
AbbVie Inc 0.53%
Netflix Inc 0.50%
Applied Materials Inc 0.49%
General Electric Co 0.46%
Texas Instruments Inc 0.38%
Sandisk Corp/DE 0.34%
Only in THRO
EXXONMOBIL HOLDINGS CORP 2.56%
APPLIED MATERIAL INC 1.52%
CHECK POINT SOFTWARE TECHNOLOGIES 0.65%
SANDISK 0.49%
TJX 0.44%
TEXAS INSTRUMENT INC 0.34%
TRAVELERS COMPANIES 0.24%
SS AND C TECHNOLOGIES HOLDINGS 0.23%

Check overlap with more funds →

On the same fields

SCHB
Schwab U.S. Broad Market ETF
THRO
iShares U.S. Thematic Rotation Active ETF
Where it sits Stock ETF Stock ETF
What it is Tracks an index of US broad market Actively managed
Total return, 1 year +16.8% +18.3%
Its benchmark over the same days not published +17.3% (VOO)
Gap to its benchmark not available +1.0 pts vs VOO
Expense ratio 0.03% 0.57%
Already in the S&P 500 88.8% 92.8%
Holdings 2405 247
Net assets, SCHB as of May 31, 2026 and THRO as of Oct 9, 2026 $43.3bn $7.5bn

SCHB and THRO on the fields both publish, as of Oct 9, 2026. Source: ETFIQ.

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%.

About THRO

THRO is actively managed and tracks no index. Over the year to Oct 9, 2026 it returned +18.3% with distributions reinvested, against +17.3% for its benchmark, the S&P 500 Index. The prospectus expense ratio is 0.57% a year. By its holdings published by its issuer for Oct 9, 2026, 93% of the fund by weight is stocks the S&P 500 also holds, across 247 positions, with the top ten at 43.5%.

Questions people ask

Which returned more over the last year, SCHB or THRO?
In the year to Oct 9, 2026, with distributions reinvested, SCHB returned +16.8% and THRO +18.3%.
Which is cheaper, SCHB or THRO?
SCHB is cheaper, by 0.54 percentage points a year. That is about $54 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do SCHB and THRO overlap with the S&P 500?
By their latest filed holdings, 89% of SCHB and 93% of THRO by weight is stocks the S&P 500 already holds.
Cite this pageCitation, APA and Markdown

ETFIQ, SCHB against THRO, data as of Oct 9, 2026. https://etfiq.com/compare/any/schb-vs-thro

Open data

Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms.