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ETF Comparisons

SPY vs. SCHB

SPDR S&P 500 ETF Trust

SPY
$—
Today’s Change
— (—)
vs

Schwab U.S. Broad Market ETF

SCHB
$—
Today’s Change
— (—)

Correlation

Compare with

Top 10 comparisons with SPY:
Compare:
SPY
Correlation
With:
SCHB
Schwab U.S. Broad Market ETF
SwitchSSOProShares Trust - ProShares Ultra S&P500 2x Shares1.00IVVBlackRock Institutional Trust Company N.A. - iShares Core S&P 500 ETF1.00SPXLDirexion Shares ETF Trust - Direxion Daily S&P 500 Bull 3X Shares1.00VOOVanguard Group, Inc. - Vanguard S&P 500 ETF1.00UPROProShares Trust - ProShares UltraPro S&P 500 ETF 3x Shares1.00SPLGSPDR Series Trust - SPDR Portfolio S&P 500 ETF1.00VVVanguard Group, Inc. - Vanguard Large Cap ETF1.00SCHXSchwab Strategic Trust - Schwab U.S. Large-Cap ETF1.00ESGUiShares Trust - iShares Trust iShares ESG Aware MSCI USA ETF1.00IWBBlackRock Institutional Trust Company N.A. - iShares Russell 1000 ETF1.00

Top 10 shared holdings

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Performance Measures**

for the time period Jan 29, 1993 to Dec 17, 2025

Returns

1M Trailing Return:

3M Trailing Return:

SPY

0.9%

2.1%

SCHB

1.3%

1.9%

Diff.

-0.4%

+0.2%

Measures of Risk or Volatility

Max Drawdown:

Standard Deviation:

SPY

-55.2%

18.7%

SCHB

-35.3%

17.6%

Diff.

-19.9%

+1.1%

Measures of Risk-Adjusted Performance

Sharpe Ratio:

Calmar Ratio:

SPY

0.63

0.19

SCHB

0.84

0.40

Diff.

-0.21

-0.21

SPYSPDR S&P 500 ETF Trust
SCHBSchwab U.S. Broad Market ETF

What is SPY?

The SPDR S&P 500 ETF is a fund that before expenses generally corresponds to the price and yield performance of the S&P 500 Index.

Snapshot
**

SPY SPDR S&P 500 ETF Trust
SCHB Schwab U.S. Broad Market ETF
Inception date
Jan 22, 1993
Nov 3, 2009
Expense ratio
0.09%
0.03%
SPY has a higher expense ratio than SCHB by 0.06%. This can indicate that it’s more expensive to invest in SPY than SCHB.
Type
US Equities
US Equities
SPY targets investing in US Equities, while SCHB targets investing in US Equities.
Fund owner
State Street (SPDR)
Schwab
SPY is managed by State Street (SPDR), while SCHB is managed by Schwab.
Volume (1m avg. daily)
$33,257,618,740
$35,304,784
Both SPY and SCHB 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
$400,404,126,565
$22,376,795,984
SPY has more assets under management than SCHB by $378,027,330,581. Higher AUM can be associated with better liquidity and lower slippage in trading.
Associated index
S&P 500 Index
Dow Jones U.S. Broad Stock Market Index
SPY is based off of the S&P 500 Index, while SCHB is based off of the Dow Jones U.S. Broad Stock Market Index
Inverse/Leveraged
No
No
Neither SPY nor SCHB use an inverse or leveraged strategy.
Passive/Active
Passive
Passive
SPY and SCHB 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
SPY and SCHB may offer dividends. The frequency and yield of the dividend may not be the same.
Prospectus
View
View
SPY may issue a K1, while SCHB does not. You can find non-K1 alternatives for SPY in its “Related ETFs” section.

Trading Strategies
Related toSPY

Inside Nancy Pelosi's Chips- V3

Category

Semiconductors, mean reversion, momentum, trend filter, RSI, leveraged ETFs, tactical, energy, commodities

OOS Cumulative Return

1613.61%

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

124.71%

Create your own algorithmic
trading strategy

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.