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Schwab U.S. Broad Market ETF

SCHB
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Nov 03 2009
Expense Ratio
0.03%
Type
US Equities
Fund Owner
Schwab
Volume (1m avg. daily)
$35,304,784
AUM
$22,376,795,984
Associated Index
Dow Jones U.S. Broad Stock Market Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus

Top 10 Holdings

AAPL
Apple Inc
6.07%
MSFT
Microsoft Corporation
5.57%
AMZN
Amazon.com Inc.
2.77%
NVDA
NVIDIA Corp
2.43%
GOOGL
Alphabet Inc - Ordinary Shares - Class A
1.83%
TSLA
Tesla Inc
1.60%
META
Meta Platforms Inc - Ordinary Shares - Class A
1.57%
GOOG
Alphabet Inc - Ordinary Shares - Class C
1.57%
BRK/B
Berkshire Hathaway Inc. - Ordinary Shares - Class B
1.55%
UNH
Unitedhealth Group Inc
1.11%
Invest with SCHB

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?.

ETFs related toSCHB

ETFs correlated to SCHB include ITOT, IWV, IWB

SCHB
Schwab Strategic Trust - Schwab U.S. Broad Market ETF
ITOT
BlackRock Institutional Trust Company N.A. - iShares Core S&P Total U.S. Stock Market ETF
IWV
BlackRock Institutional Trust Company N.A. - iShares Russell 3000 ETF
IWB
BlackRock Institutional Trust Company N.A. - iShares Russell 1000 ETF
SCHK
Schwab Strategic Trust - Schwab 1000 Index ETF
VTI
Vanguard Group, Inc. - Vanguard Total Stock Market ETF
SCHX
Schwab Strategic Trust - Schwab U.S. Large-Cap ETF
IYY
BlackRock Institutional Trust Company N.A. - iShares Dow Jones U.S. ETF
DFUS
Dimensional ETF Trust - Dimensional U.S. Equity ETF
SPTM
SPDR Series Trust - SPDR Portfolio S&P 1500 Composite Stock Market ETF
ESGU
iShares Trust - iShares Trust iShares ESG Aware MSCI USA ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toSCHB

#WIR

When Inflation is Rising

Category

Living With High Inflation, Worried about Inflation?

Risk Rating

Moderate

#DPE

Diversify with Private Equity

Category

Getting Started, Go Global, Diversification

Risk Rating

Moderate

Create your own algorithmic trading strategy with SCHB using Composer

FAQ

SCHB is a US Equities ETF. 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?.

SCHB tracks the Dow Jones U.S. Broad Stock Market Index.

No, SCHB is not actively managed. It is passively managed. 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.

Yes, SCHB is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on SCHB is -0.0083%. This is the percent change in the value of SCHB over the most recent 1-month period. The 3-month return on SCHB is 0.0047%. This is the percent change in the value of SCHB over the most recent 3-month period.

The standard deviation of SCHB for the past year is 0.1784%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to SCHB include IVV, MDY, and IJR.

ETFs correlated to SCHB include ITOT, IWV, and IWB.

ETFs that are inversely correlated to SCHB include SDS, SPXS, and SPXU.

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.