ETF comparison
IWB vs SCHB
US Large Cap vs US Total Market.
Holdings overlap
963 positions appear in both funds. Buying equal dollars of IWB and SCHB would leave roughly 93.9% of each dollar exposed to the same underlying securities.
Side by side
Sub-score comparison
Tracking quality isn't part of the composite — see what we don't score for why.
Cost difference
SCHB is 12 bps cheaper than IWB. On a $100,000 position that's about $120/yr more in fees for IWB.
Fee figure is the annual expense charged on $100,000. To see how the gap compounds over a multi-decade holding period, open the cost calculator pre-filled with IWB vs SCHB.
Top shared holdings
963 shared in total| # | Holding | In IWB | In SCHB | Overlap |
|---|---|---|---|---|
| 1 | NVIDIA CORPORATION | 6.81% | 6.47% | 6.47% |
| 2 | APPLE INC. | 6.10% | 5.87% | 5.87% |
| 3 | MICROSOFT CORPORATION | 4.58% | 4.39% | 4.39% |
| 4 | AMAZON.COM, INC. | 3.33% | 3.07% | 3.07% |
| 5 | ALPHABET INC. | 2.79% | 2.73% | 2.73% |
| 6 | BROADCOM INC. | 2.39% | 2.27% | 2.27% |
| 7 | ALPHABET INC. | 2.27% | 2.18% | 2.18% |
| 8 | META PLATFORMS, INC. | 2.08% | 2.12% | 2.08% |
| 9 | TESLA, INC. | 1.75% | 1.70% | 1.70% |
| 10 | BERKSHIRE HATHAWAY INC. | 1.47% | 1.39% | 1.39% |
| 11 | ELI LILLY AND COMPANY | 1.23% | 1.25% | 1.23% |
| 12 | JPMORGAN CHASE & CO. | 1.33% | 1.23% | 1.23% |
Only in IWB
42 total- SPOTIFY TECHNOLOGY S.A. 0.12%
- ANGLOGOLD ASHANTI PLC 0.08%
- Nu Holdings Ltd. 0.08%
- Restaurant Brands International Inc. 0.04%
- AMCOR PLC 0.03%
- BROOKFIELD ASSET MANAGEMENT LTD. 0.03%
- HEICO CORPORATION 0.03%
- SOUTHERN COPPER CORPORATION 0.02%
- Viking Holdings Ltd 0.02%
- SHARKNINJA, INC. 0.01%
Only in SCHB
1,441 total- Seagate Technology Holdings PLC 0.13%
- TE Connectivity PLC 0.10%
- State Street Institutional US Government Money Market Fund 0.10%
- NXP Semiconductors NV 0.09%
- Bloom Energy Corp 0.05%
- Amrize Ltd 0.05%
- Amcor PLC 0.03%
- Fabrinet 0.03%
- Exact Sciences Corp 0.03%
- CoreWeave Inc 0.03%
Open IWB or SCHB at a brokerage
Both funds trade commission-free at major US brokerages.
Affiliate links — opening an account through these earns PlainIndex a one-time referral. Scoring is computed before any affiliate consideration; see our methodology and funding disclosure.
Holdings overlap is the sum of min(weight_a, weight_b) over positions
matched on ISIN (CUSIP fallback). Methodology: see
/methodology/.
Comparing two funds doesn't endorse swapping one for the other. Tax-lot history, account type, and personal goals matter — PlainIndex publishes data and methodology, not investment advice.