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ETF comparison

SCHB vs SPLV

US Total Market vs Low Volatility Factor.

Schwab U.S. Broad Market ETF · Invesco S&P 500 Low Volatility ETF

Holdings overlap

Weighted by ISIN/CUSIP
14.1 %

100 positions appear in both funds. Buying equal dollars of SCHB and SPLV would leave roughly 14.1% of each dollar exposed to the same underlying securities.

SCHB unmatched 85.8% Shared 14.1% SPLV unmatched 85.7%

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 SPLV 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%
SPLV

Invesco S&P 500 Low Volatility ETF

Invesco · Low Volatility Factor

85 composite / 100
Expense ratio
0.25%
Net assets
$7.57B
TTM yield
2.12%
Top-10 conc.
12.5%

Sub-score comparison

97
Cost
75
88
Tax efficiency
84
100
Liquidity
95
66
Concentration
96
—
Tracking quality
—
SCHB sub-score SPLV

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

Cost difference

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

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 SPLV.

Top shared holdings

100 shared in total
# Holding In SCHB In SPLV Overlap
1 Berkshire Hathaway Inc 1.24% 1.36% 1.24%
2 JPMorgan Chase & Co 1.28% 0.88% 0.88%
3 Johnson & Johnson 0.86% 1.12% 0.86%
4 Visa Inc 0.85% 0.98% 0.85%
5 Mastercard Inc 0.64% 0.96% 0.64%
6 Costco Wholesale Corp 0.56% 1.01% 0.56%
7 Bank of America Corp 0.54% 0.89% 0.54%
8 Chevron Corp 0.52% 0.93% 0.52%
9 Coca-Cola Co/The 0.46% 1.11% 0.46%
10 Procter & Gamble Co/The 0.46% 1.05% 0.46%
11 Linde PLC 0.30% 1.10% 0.30%
12 PepsiCo Inc 0.26% 0.95% 0.26%

Only in SCHB

2,272 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 SPLV

1 total
  • Invesco Government & Agency Portfolio 0.08%

Percentages are holdings overlap with the named fund.

Open SCHB or SPLV 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.