ETF Evaluator:
Schwab US Broad Market ETF™ (SCHB)
Follow This ETF
(as of Jul 31)
Best Performing in Large Blend Over the Last Year
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Risk
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Risk
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ETF Details
Schwab US Broad Market ETF™ Overview
Schwab US Broad Market ETF™ (SCHB) is a passively managed U.S. Equity Large Blend exchange-traded fund (ETF). Schwab ETFs launched the ETF in 2009.
The investment seeks to track as closely as possible, before fees and expenses, the total return of the Dow Jones U.S. Broad Stock Market Index.
To pursue its goal, the fund generally invests in stocks that are included in the index. The index includes the largest 2,500 publicly traded U.S. companies for which pricing information is readily available. The fund will invest at least 90% of its net assets in these stocks. It may invest up to 10% of its net assets in securities not included in the index.
About Schwab US Broad Market ETF™ (SCHB)
There are 4 members of the management team with an average tenure of 9.09 years: Christopher Bliss (2017), Ferian Juwono (2010), Jeremy Brown (2018) and Agnes Zau (2022). Management tenure is more important for actively managed ETFs than passive index ETFs.
The ETF has 1 primary benchmark: DJ US Broad Stock Market TR USD index with a weighting of 100%. Schwab US Broad Market ETF™ has 2357 securities in its portfolio. The top 10 holdings constitute 32.0% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a diversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.
Schwab US Broad Market ETF™ is part of the Equity global asset class and is within the U.S. Equity ETF group. Schwab US Broad Market ETF™ has 0.7% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 99.2% There is 0.7% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Schwab US Broad Market ETF™ has 0.1% of the portfolio in cash.
Assets Under Management
The fund has $43 billion in total assets, which is above the $13 billion average for the Large Blend category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
SCHB Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Schwab US Broad Market ETF™ expense ratio is low compared to funds in the Large Blend category. Schwab US Broad Market ETF™ has an expense ratio of 0.03%, which is 93% lower than its category average, making the fund expense ratio grade a A. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. Schwab US Broad Market ETF™ has a portfolio turnover rate of 3%, which indicates that it holds its assets around / 0.3 years. By way of comparison, the average portfolio turnover is 162% for the Large Blend category.
Recently, in the month of June 2026, Schwab US Broad Market ETF™ returned -0.4%, which earned it a grade of C, as the Large Blend category had an average return of -0.0%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.
Schwab US Broad Market ETF™ has a trailing yield of 1.04%, which is below the 1.12% category average.
The fund normally distributes its income quarterly.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
Schwab US Broad Market ETF™ Grades
Year to date, the ETF has returned 11.1%, 0.8 percentage points better than the category, which translates into a grade of B. The fund has returned 23.0% over the past year (grade of B), 20.4% over the past three years (grade of B) and 12.3% per year over the past five years (grade of C) and 15.0% per year over the past 10 years (grade of C).
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SCHB Trailing NAV Total Returns Data as of 6/30/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| SCHB Return (NAV) | -0.4% | 15.7% | 23.0% | 20.4% | 12.3% | 15.0% |
| SCHB Return (Price) | -0.5% | 15.7% | 22.9% | 20.4% | 12.3% | 15.0% |
| NAV +/- Price Return | 0.103% | 0.034% | 0.085% | 0.028% | 0.016% | 0.006% |
| Large Blend Avg | -0.0% | 14.5% | 20.9% | 18.8% | 11.8% | 14.1% |
| SCHB Grade (NAV) | C | B | B | B | C | C |
| +/- Category (NAV) | -0.3% | 1.2% | 2.1% | 1.6% | 0.5% | 1.0% |
| SCHB Tax-Cost Ratio | na | na | 0.5% | 0.5% | 0.5% | 0.5% |
SCHB Annual NAV Total ReturnsData as of 6/30/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| SCHB Return (NAV) | 11.1% | 17.0% | 23.9% | 26.2% | -19.5% | 25.8% | 20.8% | 30.9% | -5.2% | 21.2% | 12.6% |
| SCHB Return (Price) | 11.0% | 16.9% | 23.9% | 26.2% | -19.4% | 25.8% | 20.8% | 30.8% | -5.3% | 21.2% | 12.7% |
| NAV +/- Price Ret | -0.007% | -0.006% | 0.002% | 0.000% | -0.002% | 0.003% | 0.001% | -0.5% | 1.1% | 0.1% | 0.8% |
| Large Blend Avg | 10.3% | 15.4% | 21.8% | 22.9% | -17.1% | 26.9% | 18.6% | 29.7% | -5.0% | 21.6% | 11.2% |
| SCHB Grade (NAV) | B | B | C | B | D | D | B | C | D | D | B |
| +/- Category | 0.8% | 1.7% | 2.1% | 3.3% | -2.4% | -1.2% | 2.2% | 1.2% | -0.3% | -0.5% | 1.3% |
| Risk Measures | |
| Beta: | 1.03 |
| R-Squared: | 99% |
| Standard Deviation: | 13.5% |
| Category Risk Index: | 1.01 |
| Category Risk Rating: | Above Average |
| Total Risk Index: | 1.11 |
| Total Risk Rating: | Average |
| Portfolio Characteristics | |
| Yield: | 1.0% |
| Total Assets: | $ 43,229 Mil |
| Share Class Assets: | $ 43,229 Mil |
| Turnover: | 3.0% |
| Expense Ratio: | 0.03% |
| Index Fund: | Yes |
| Index Tracked: | DJ US Broad Stock Market TR USD |
| Index Weighting: | 100% |
| Leveraged: | No |
| Socially Responsible Fund: | No |
| Capital Gains Distribution Frequency: | |
| Income Distribution Frequency: | Quarterly |
Management Team
| Number of Managers: 4 | |||
| Longest Tenure: 16.1 years | |||
| Average Tenure: 9.1 years | |||
| Managers (Year): Juwono Ferian (2010), Bliss Christopher (2017), Brown Jeremy (2018), Zau Agnes (2022) | |||
Portfolio Composition (as of 6/30/26)
| # of Holdings: | 2357 |
| % in Top 10 Holdings: | 32.0% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 0.7% |
Portfolio Allocation |
|
| Domestic Stock: | 99.2% |
| Foreign Stock: | 0.7% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 0.1% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | Schwab ETFs |
| Phone Number: | 877-824-5615 |
| Website: | www.csimfunds.com. |
| Inception Date: | November 3, 2009 |
Expenses and Fees
| Expense Ratio (%): | 0.03% (Rating: Low) |
| Category Average Expense Ratio (%): | 0.42% |
