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ETF comparison

SCHB vs SPSM

US Total Market vs US Small Cap.

Schwab U.S. Broad Market ETF · State Street SPDR Portfolio S&P 600 Small Cap ETF

Holdings overlap

Weighted by ISIN/CUSIP
2.4 %

587 positions appear in both funds. Buying equal dollars of SCHB and SPSM would leave roughly 2.4% of each dollar exposed to the same underlying securities.

SCHB unmatched 97.4% Shared 2.4% SPSM unmatched 97.4%

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
1,785 positions
Shared
587 positions
In SPSM only
17 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%
SPSM

State Street SPDR Portfolio S&P 600 Small Cap ETF

State Street · US Small Cap

96 composite / 100
Expense ratio
0.030%
Net assets
$16.02B
TTM yield
1.50%
Top-10 conc.
5.9%

Sub-score comparison

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

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 SPSM.

Top shared holdings

587 shared in total
# Holding In SCHB In SPSM Overlap
1 Corcept Therapeutics Inc 0.01% 0.45% 0.01%
2 Paycom Software Inc 0.01% 0.28% 0.01%
3 Glaukos Corp 0.01% 0.45% 0.01%
4 Molina Healthcare Inc 0.01% 0.65% 0.01%
5 Brinker International Inc 0.01% 0.39% 0.01%
6 Match Group Inc 0.01% 0.48% 0.01%
7 Jackson Financial Inc 0.01% 0.39% 0.01%
8 Krystal Biotech Inc 0.01% 0.53% 0.01%
9 BrightSpring Health Services Inc 0.01% 0.60% 0.01%
10 Protagonist Therapeutics Inc 0.01% 0.40% 0.01%
11 Viasat Inc 0.01% 0.66% 0.01%
12 Ryman Hospitality Properties Inc 0.01% 0.44% 0.01%

Only in SCHB

1,785 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 SPSM

17 total
  • Gates Industrial Corp PLC 0.39%
  • Catalyst Pharmaceuticals Inc 0.20%
  • Select Medical Holdings Corp 0.10%
  • Stellar Bancorp Inc 0.10%
  • Leggett & Platt Inc 0.09%
  • Two Harbors Investment Corp 0.07%
  • Avanos Medical Inc 0.06%
  • Whitestone REIT 0.05%
  • JBG SMITH Properties 0.05%
  • Trupanion Inc 0.05%

Percentages are holdings overlap with the named fund.

Open SCHB or SPSM 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.