Which returned more over the last year, SCHB or VTEB?

In the year to Oct 28, 2026, with distributions reinvested, SCHB returned +13.4% and VTEB −0.4%.

Which is cheaper, SCHB or VTEB?

Neither: SCHB and VTEB both charge 0.03% a year. Fees come from each fund's prospectus.

Data as of Oct 28, 2026.

Across categories

SCHB vs VTEB: Differences, Returns & Fees

Share on X Download as PDF

Over the year to Oct 28, 2026, SCHB returned +13.4% to VTEB's −0.4%; 0% of their weight is in the same names.

askIQ about this page

askIQ about SCHB and VTEB

Net assets: $44.6bn on Aug 31, 2026 for Schwab U.S. Broad Market ETF, and $49.6bn on Sep 30, 2026 for Vanguard Tax-Exempt Bond ETF.

SCHB on its own →VTEB on its own →

At a glance

+13.4%

SCHB total return, 1 year

−0.4%

VTEB total return, 1 year

0.03%

SCHB expense ratio

0.03%

VTEB expense ratio

Pair scorecard

Both cost 0.03% a year; their one-year returns differ by 13.8 points.

SCHB vs VTEB: Differences, Returns & Fees
Measure	SCHB	VTEB
Return
Measure	SCHB	VTEB
Total return, 1 year	+13.4%	−0.4%
Benchmark
Measure	SCHB	VTEB
What it tracks	Dow Jones U.S. Broad Stock Market Index	S&P National AMT-Free Municipal Bond Index
Cost and size
Measure	SCHB	VTEB
Expense ratio	0.03%	0.03%
Net assets, SCHB as of Aug 31, 2026 and VTEB as of Sep 30, 2026	$44.6bn	$49.6bn
Holdings
Measure	SCHB	VTEB
Holdings in common	0%
In the S&P 500, by weight	88%
Top ten holdings, share of the fund	33.7%

Holdings in common uses holdings dated Aug 31, 2026 and Sep 30, 2026. Method

Risk and return

Sep 4, 2015 to Oct 23, 2026 · 581 weekly returns

SCHB VTEB

Return

Total return edge SCHB +348.4% +26.3%

Annualized edge SCHB +14.4% +2.1%

Price return edge SCHB +273.8% −2.9%

Risk

Volatility edge VTEB 17.2% 6.7%

Max drawdown edge VTEB −33.3% −14.8%

Risk-adjusted

Sharpe edge SCHB 0.73 0.00

Sortino edge SCHB 1.06 0.01

Calmar edge SCHB 0.43 0.14

Reading

SCHB returned more: +348.4% to +26.3%. VTEB swung less: 6.7% to 17.2%. VTEB fell less at its worst: −14.8% to −33.3%.

Full scorecard

9 measures, with how each is measured Open ↓

Risk and return: SCHB vs VTEB: Differences, Returns & Fees
Measure	SCHB	VTEB	Edge	How it is measured
Return
Total return	+348.4%	+26.3%	SCHB	Price change plus distributions, reinvested.
Annualized	+14.4%	+2.1%	SCHB	Total return as a yearly rate.
Price return	+273.8%	−2.9%	SCHB	Price change alone, distributions left out.
Risk
Volatility	17.2%	6.7%	VTEB	Spread of weekly returns, annualized. Lower is steadier.
Downside deviation	12.0%	4.6%	VTEB	Like volatility, counting only weeks below the Treasury bill rate.
Max drawdown	−33.3%	−14.8%	VTEB	Deepest fall from a high to the low after it.
Risk-adjusted
Sharpe	0.73	0.00	SCHB	Return above Treasury bills per unit of volatility.
Sortino	1.06	0.01	SCHB	Return above Treasury bills per unit of downside deviation.
Calmar	0.43	0.14	SCHB	Annualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 581 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

By the books each fund has filed, SCHB and VTEB hold 0% of their money in the same securities at the same weight. Holdings dated Aug 31, 2026 and Sep 30, 2026.

50%

0 half 100%

half

0% in common

Positions both hold · largest shared weight first SCHB VTEB

Only in one fund ↓

Only in SCHB

NVIDIA Corp 7.20%

Apple Inc 6.27%

Microsoft Corp 5.08%

Amazon.com Inc 3.42%

Alphabet Inc 2.68%

Broadcom Inc 2.36%

Alphabet Inc 2.13%

Meta Platforms Inc 1.69%

Only in VTEB

Vanguard Municipal Low Duration Fund 0.69%

State of California 0.15%

State of California 0.14%

New York State Dormitory Authority 0.13%

State of Illinois 0.12%

Ohio State University 0.12%

City of New York NY 0.10%

State of Wisconsin 0.10%

Check overlap with more funds →

Side by side

SCHB Schwab U.S. Broad Market ETF VTEB Vanguard Tax-Exempt Bond ETF

Where it sits Stock ETF Bond ETF

Issuer Schwab Vanguard

What it is Tracks an index of US broad market Tracks an index of Tax-Exempt Bond

Total return, 1 year +13.4% −0.4%

Expense ratio 0.03% 0.03%

Holdings 2372 11155

Net assets, SCHB as of Aug 31, 2026 and VTEB as of Sep 30, 2026 $44.6bn $49.6bn

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

Client brief · page 1 of 2 Report BR-5670B246A7

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

What each follows. SCHB follows Dow Jones U.S. Broad Stock Market Index and VTEB follows S&P National AMT-Free Municipal Bond Index.
Holdings in common. 0% of the weight is in the same securities (holdings dated Aug 31, 2026 and Sep 30, 2026).
One-year total return. Over 1 year to Oct 28, 2026 SCHB returned +13.4% and VTEB −0.4% with distributions reinvested, a gap of 13.8 points.

Data as of Oct 28, 2026.

The two-page PDF for this pair is coming. Save the comparison to follow its changes. Free. It needs an email sign-in, once.

Your saved page · Privacy.

Alert

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%.

VTEB

VTEB tracks an index of Tax-Exempt Bond. Over the year to Oct 28, 2026 it returned −0.4% with distributions reinvested.

Questions people ask

Which returned more over the last year, SCHB or VTEB?: In the year to Oct 28, 2026, with distributions reinvested, SCHB returned +13.4% and VTEB −0.4%.
Which is cheaper, SCHB or VTEB?: Neither: SCHB and VTEB both charge 0.03% a year. Fees come from each fund's prospectus.

Other comparisons

MUB vs SCHB HYMB vs SCHB IUSB vs SCHB SCHB vs VCIT DIA vs VTEB DYNF vs VTEB IWB vs VTEB SCHX vs VTEB

Where to next

SCHB on its own →VTEB on its own →Hold both: look the portfolio through →Rankings →SCHB dividend history →SCHB holdings →VTEB dividend history →VTEB holdings →Standards and sources →

Sources and dates

SCHB filings on SEC EDGAR ↗

SCHB prospectus with the expense ratio (SEC) ↗

Schwab website ↗

VTEB filings on SEC EDGAR ↗

VTEB prospectus with the expense ratio (SEC) ↗

Vanguard page for VTEB ↗

Links are sources, not endorsements. 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, SCHB against VTEB, data as of Oct 28, 2026. https://etfiq.com/compare/any/schb-vs-vteb

Open data →

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