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ETF Comparisons

SCHB vs. IWM

Schwab U.S. Broad Market ETF

SCHB
$—
Today’s Change
— (—)
vs

iShares Russell 2000 ETF

IWM
$—
Today’s Change
— (—)

Correlation

0.88

Compare with

Top 10 comparisons with SCHB:
Compare:
SCHB
Correlation
With:
IWM
iShares Russell 2000 ETF
0.88
SwitchITOTBlackRock Institutional Trust Company N.A. - iShares Core S&P Total U.S. Stock Market ETF1.00IWVBlackRock Institutional Trust Company N.A. - iShares Russell 3000 ETF1.00IWBBlackRock Institutional Trust Company N.A. - iShares Russell 1000 ETF1.00SCHKSchwab Strategic Trust - Schwab 1000 Index ETF1.00VTIVanguard Group, Inc. - Vanguard Total Stock Market ETF1.00SCHXSchwab Strategic Trust - Schwab U.S. Large-Cap ETF1.00IYYBlackRock Institutional Trust Company N.A. - iShares Dow Jones U.S. ETF1.00DFUSDimensional ETF Trust - Dimensional U.S. Equity ETF1.00SPTMSPDR Series Trust - SPDR Portfolio S&P 1500 Composite Stock Market ETF1.00ESGUiShares Trust - iShares Trust iShares ESG Aware MSCI USA ETF1.00

Top 10 shared holdings

The top 10 holdings shared by SCHB and IWM:

There are no shared holdings.
Trade SCHB options
Learn more about SCHB
Trade IWM options
Learn more about IWM
1M
3M
6M
YTD
1Y
3Y
Max
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Performance Measures**

for the time period Nov 3, 2009 to Dec 4, 2025

Returns

1M Trailing Return:

3M Trailing Return:

SCHB

1.6%

5.5%

IWM

4.4%

6.7%

Diff.

-2.8%

-1.2%

Measures of Risk or Volatility

Max Drawdown:

Standard Deviation:

SCHB

-35.3%

17.6%

IWM

-41.1%

22.3%

Diff.

+5.8%

-4.7%

Measures of Risk-Adjusted Performance

Sharpe Ratio:

Calmar Ratio:

SCHB

0.85

0.40

IWM

0.59

0.27

Diff.

+0.26

+0.13

SCHBSchwab U.S. Broad Market ETF
IWMiShares Russell 2000 ETF

What is SCHB?

The fund offers diversified exposure across large- and small-cap U.S. stocks. It seeks investment results that track performance before fees and expenses of the approximately 2500-stock Dow Jones U.S. Broad Stock Market Index?.

Snapshot
**

SCHB Schwab U.S. Broad Market ETF
IWM iShares Russell 2000 ETF
Inception date
Nov 3, 2009
May 22, 2000
Expense ratio
0.03%
0.19%
SCHB has a lower expense ratio than IWM by 0.16%. This can indicate that it’s cheaper to invest in SCHB than IWM.
Type
US Equities
US Equities
SCHB targets investing in US Equities, while IWM targets investing in US Equities.
Fund owner
Schwab
Blackrock (iShares)
SCHB is managed by Schwab, while IWM is managed by Blackrock (iShares).
Volume (1m avg. daily)
$35,304,784
$4,463,198,665
Both SCHB and IWM are considered high-volume assets. They’re less likely to be affected by issues like slippage and failed orders on Composer than low-volume assets.
AUM
$22,376,795,984
$50,549,436,527
SCHB has more assets under management than IWM by $28,172,640,543. Higher AUM can be associated with better liquidity and lower slippage in trading.
Associated index
Dow Jones U.S. Broad Stock Market Index
Russell 2000 Index
SCHB is based off of the Dow Jones U.S. Broad Stock Market Index, while IWM is based off of the Russell 2000 Index
Inverse/Leveraged
No
No
Neither SCHB nor IWM use an inverse or leveraged strategy.
Passive/Active
Passive
Passive
SCHB and IWM both use a Passive investing strategy. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.
Dividend
No
No
SCHB and IWM may offer dividends. The frequency and yield of the dividend may not be the same.
Prospectus
View
View
Neither SCHB nor IWM require a K1.
SCHB and IWM’s Correlation
When ETFs are correlated, there are 3 main topics to analyze that will help you build your automated trading strategy: liquidity, expense, and risk.
  • Liquidity: In an active trading strategy (trading multiple time per week), it’s important to consider the liquidity of the ETF you’re using. Lower liquidity can mean more money lost in slippage. AUM and average daily volume are both indicators of liquidity.
  • Expense: Some ETFs are more expensive to use than others. For strategies that are focused on longer holding periods, it’s important to factor in how expensive it is to hold this ETF. Expense ratio is the main indicator of how expensive an ETF is.
  • Risk: Some ETFs will be highly correlated, but have varying degrees of returns, due to leverage. It’s important to consider if an ETF is using leverage or not. The main indicators of a riskier ETF will be the use of leverage and higher standard deviation or max drawdown in a backtest.

Trading Strategies
Related toSCHB

Baller Basket

Category

Tactical, trend-following, leveraged ETFs, sector rotation (semis/tech), treasuries, volatility hedge, risk-on/off, macro overlay

OOS Cumulative Return

120.94%

Trading Strategies
Related toIWM

Modified Foreign Rat

Category

Tactical asset allocation, volatility regime, leveraged ETFs, mean reversion, trend following, emerging markets, hedged/cash, daily rebalance

OOS Cumulative Return

565.11%

Create your own algorithmic
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Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.