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ETF comparison

SCHB vs SPHB

US Total Market vs US Large Cap.

Schwab U.S. Broad Market ETF · Invesco S&P 500 High Beta ETF

Holdings overlap

Weighted by ISIN/CUSIP
20.2 %

100 positions appear in both funds. Buying equal dollars of SCHB and SPHB would leave roughly 20.2% of each dollar exposed to the same underlying securities.

SCHB unmatched 79.6% Shared 20.2% SPHB unmatched 79.7%

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
2,272 positions
Shared
100 positions
In SPHB only
1 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%
SPHB

Invesco S&P 500 High Beta ETF

Invesco · US Large Cap

74 composite / 100
Expense ratio
0.25%
Net assets
$817.3M
TTM yield
0.56%
Top-10 conc.
18.5%

Sub-score comparison

97
Cost
75
88
Tax efficiency
89
100
Liquidity
53
66
Concentration
88
—
Tracking quality
—
SCHB sub-score SPHB

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

Cost difference

SCHB is 22 bps cheaper than SPHB. On a $100,000 position that's about $220/yr more in fees for SPHB.

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 SPHB.

Top shared holdings

100 shared in total
# Holding In SCHB In SPHB Overlap
1 Micron Technology Inc 1.46% 1.88% 1.46%
2 Tesla Inc 1.39% 1.32% 1.32%
3 Advanced Micro Devices Inc 1.03% 1.62% 1.03%
4 Broadcom Inc 2.36% 1.01% 1.01%
5 NVIDIA Corp 7.20% 0.98% 0.98%
6 Amazon.com Inc 3.42% 0.78% 0.78%
7 Meta Platforms Inc 1.69% 0.73% 0.73%
8 Alphabet Inc 2.13% 0.70% 0.70%
9 Intel Corp 0.60% 1.30% 0.60%
10 Palantir Technologies Inc 0.58% 0.96% 0.58%
11 Lam Research Corp 0.51% 1.56% 0.51%
12 Caterpillar Inc 0.49% 0.84% 0.49%

Only in SCHB

2,272 total
  • Apple Inc 6.27%
  • Microsoft Corp 5.08%
  • Alphabet Inc 2.68%
  • JPMorgan Chase & Co 1.28%
  • Berkshire Hathaway Inc 1.24%
  • Eli Lilly & Co 1.23%
  • ExxonMobil Holdings Corp 0.90%
  • Johnson & Johnson 0.86%
  • Visa Inc 0.85%
  • Mastercard Inc 0.64%

Only in SPHB

1 total
  • Invesco Government & Agency Portfolio 0.27%

Percentages are holdings overlap with the named fund.

Open SCHB or SPHB 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.