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ETF comparison

SCHB vs SCHM

US Total Market vs US Mid Cap.

Schwab U.S. Broad Market ETF · Schwab U.S. Mid-Cap ETF

Holdings overlap

Weighted by ISIN/CUSIP
7.2 %

491 positions appear in both funds. Buying equal dollars of SCHB and SCHM would leave roughly 7.2% of each dollar exposed to the same underlying securities.

SCHB unmatched 92.6% Shared 7.2% SCHM unmatched 92.7%

Unmatched is the part of a fund's weight the other fund doesn't match: names only it holds, plus any extra weight it puts in names both funds hold.

In SCHB only
1,881 positions
Shared
491 positions
In SCHM only
0 positions

Side by side

SCHB

Schwab U.S. Broad Market ETF

Schwab · US Total Market

91 composite / 100
Expense ratio
0.030%
Net assets
$44.23B
TTM yield
1.06%
Top-10 conc.
33.7%
SCHM

Schwab U.S. Mid-Cap ETF

Schwab · US Mid Cap

96 composite / 100
Expense ratio
0.030%
Net assets
$14.82B
TTM yield
1.26%
Top-10 conc.
12.4%

Sub-score comparison

97
Cost
97
88
Tax efficiency
88
100
Liquidity
100
66
Concentration
97
—
Tracking quality
—
SCHB sub-score SCHM

Tracking quality isn't part of the composite — see what we don't score for why.

Cost difference

Expense ratios are effectively identical (0.030% vs 0.030%).

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 SCHB vs SCHM.

Top shared holdings

491 shared in total
# Holding In SCHB In SCHM Overlap
1 Sandisk Corp 0.31% 4.32% 0.31%
2 Lumentum Holdings Inc 0.10% 1.32% 0.10%
3 Bloom Energy Corp 0.07% 1.00% 0.07%
4 Coherent Corp 0.07% 1.01% 0.07%
5 Ciena Corp 0.07% 1.01% 0.07%
6 Moderna Inc 0.07% 0.92% 0.07%
7 Revolution Medicines Inc 0.06% 0.76% 0.06%
8 Flex Ltd 0.05% 0.75% 0.05%
9 Twilio Inc 0.05% 0.67% 0.05%
10 TechnipFMC PLC 0.04% 0.58% 0.04%
11 Steel Dynamics Inc 0.04% 0.59% 0.04%
12 Centene Corp 0.04% 0.56% 0.04%

Only in SCHB

1,881 total
  • NVIDIA Corp 7.20%
  • Apple Inc 6.27%
  • Microsoft Corp 5.08%
  • Amazon.com Inc 3.42%
  • Alphabet Inc 2.68%
  • Broadcom Inc 2.36%
  • Alphabet Inc 2.13%
  • Meta Platforms Inc 1.69%
  • Micron Technology Inc 1.46%
  • Tesla Inc 1.39%

Only in SCHM

0 total

Every SCHM position is also held by SCHB.

Percentages are holdings overlap with the named fund.

Open SCHB or SCHM 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.