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Schwab U.S. Small-Cap ETF

SCHANYSE ArcaSchwabA

$33.05+0.06 (+0.18%)

At close: Nov 2, 2026, 4:00 PM ET

Intraday session: up, 79 prints from 32.99 to 33.05. Range 33.05 to 33.46. Use the arrow keys to read each point.33.2033.3033.4010 AM12 PM2 PM4 PM
Expense ratio
0.03%
Fund size
$22B
1Y total return
+18.9%
Yield · Last 12 months
1.12%
Holdings
1743
Avg volume · 30D
3.06M sh
52W range
low $26.46high $36.20
Launched
Filings
SEC EDGAR

The ETF.net SCHA Grade

A

Score 81 out of 100

Rank
1 of 17
Six-pillar profile for SCHA. Scores out of 100: Cost 91, Risk 40, Mission 95, Tradability 86, Holdings 81, Durability 77. Strongest: Mission (95). Weakest: Risk (40). Leans toward Mission and Cost.

Score 81 of 100 falls in the A band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    A91 out of 100
    Rank 1 of 17
  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A95 out of 100
    Rank 8 of 16
  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    C40 out of 100
    Rank 11 of 17
  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    A86 out of 100
    Rank 2 of 17
  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    A81 out of 100
    Rank 1 of 17
  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    A77 out of 100
    Rank 4 of 17

Our read on SCHA

ETF.net Research

In short

ASchwab's small-cap workhorse: three basis points, roughly 1,700 companies, and a mandate to hold the slice of the US market that sits below the large and mid caps. Running since 2009.

Stated mandate

The fund seeks to closely track, before fees and expenses, the total return of the Dow Jones U.S. Small-Cap Total Stock Market Index. It generally invests in that index’s small-cap stocks and normally places at least 90% of net assets in them.

Why people hold it

  • At 0.03% a year, it is tied for the cheapest fund in its small-cap peer group and a fraction of the 0.25% category median. The fee is the one variable you know in advance.
  • Roughly 1,700 stocks, weighted by size. That is the whole small-cap tail rather than a curated shortlist, and no single name gets to steer the portfolio.
  • The contract is plain: at least 90% of net assets in the Dow Jones U.S. Small-Cap Total Stock Market Index, and it has tracked that benchmark closely.
  • Sixteen years old, multi-billion-dollar, actively traded, and pays quarterly. One of the sturdier implementations among the broad small-cap index funds we cover.

Worth knowing

  • Small caps move harder than large caps in both directions. This fund takes the full ride with no hedge, buffer, or volatility damper in the design.
  • The index sorts by size, not quality. Unprofitable and lightly covered companies come along with everything else, since no earnings screen sits in front of the portfolio.
  • It follows a Dow Jones small-cap index, not the Russell 2000 that IWM and VTWO track, so its returns and headlines about that benchmark will not line up exactly.

SCHA Performance

Launched Nov 3, 2009

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

SCHA$11,890
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. SCHA $11,890. SPY $11,199. Use the arrow keys to read each point.$10,000$11,000$12,000$13,000Oct 2025Apr 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for SCHA. Periods over one year show the average yearly return.
PeriodSCHA
Year to date+16.7%
1 month+1.1%
3 months−1.4%
1 year+18.9%
3 yearsper year+21.0%
5 yearsper year+6.2%
10 yearsper year+10.6%

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for SCHA
YearReturn barSCHA
2026 YTD+16.7%
2025+11.6%
2024+11.2%
2023+18.5%
2022−19.8%
2021+16.4%
2020+19.3%

SCHA in the news

SCHA Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Oct 30, 2026.
1.12%Last 12 months
Payout per share
$0.37Last 12 months
Last payment
$0.10 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Quarterly

Distribution history

2017–2026

One bar per payment. 40 payments from 2017 to 2026 YTD. Mar 20, 2017 $0.04; Jun 19, 2017 $0.05; Sep 18, 2017 $0.04; Dec 18, 2017 $0.08; Mar 16, 2018 $0.05; Jun 26, 2018 $0.04; Sep 25, 2018 $0.06; Dec 12, 2018 $0.09; Dec 28, 2018 $0.0055; Mar 20, 2019 $0.04; Jun 26, 2019 $0.06; Sep 25, 2019 $0.07; Dec 12, 2019 $0.09; Mar 25, 2020 $0.06; Jun 24, 2020 $0.03; Sep 23, 2020 $0.07; Dec 10, 2020 $0.08; Mar 24, 2021 $0.05; Jun 23, 2021 $0.06; Sep 22, 2021 $0.07; Dec 8, 2021 $0.12; Mar 23, 2022 $0.03; Jun 22, 2022 $0.07; Sep 21, 2022 $0.07; Dec 7, 2022 $0.10; Mar 22, 2023 $0.07; Jun 21, 2023 $0.07; Sep 20, 2023 $0.08; Dec 6, 2023 $0.12; Mar 20, 2024 $0.05; Jun 26, 2024 $0.08; Sep 25, 2024 $0.09; Dec 11, 2024 $0.17; Mar 26, 2025 $0.06; Jun 25, 2025 $0.08; Sep 24, 2025 $0.09; Dec 10, 2025 $0.13; Mar 25, 2026 $0.04; Jun 24, 2026 $0.10; Sep 23, 2026 $0.10. Use the arrow keys to read each point.2017201820192020202120222023202420252026YTD
Ex-datePay dateAmount per share
Sep 23, 2026Sep 28, 2026$0.10
Jun 24, 2026Jun 29, 2026$0.10
Mar 25, 2026Mar 30, 2026$0.04
Dec 10, 2025Dec 15, 2025$0.13
Sep 24, 2025Sep 29, 2025$0.09
Jun 25, 2025Jun 30, 2025$0.08
Mar 26, 2025Mar 31, 2025$0.06
Dec 11, 2024Dec 16, 2024$0.17
Sep 25, 2024Sep 30, 2024$0.09
Jun 26, 2024Jul 1, 2024$0.08
Mar 20, 2024Mar 25, 2024$0.05
Dec 6, 2023Dec 11, 2023$0.12

See all 69 payments⁠

$10,000 in SCHA 10 years ago paid $2,197 in dividends.⁠

SCHA Risk

How much the fund’s monthly returns vary, scaled to a year.
18.6%
Annualised · 36 months to Oct 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
0.88
vs 3-month T-bills · to Oct 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−30.8%
Trough Jun 2022
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
1.12
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

SCHA Cost

Tied cheapest in US Small-Cap

$638

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • SCHA 0.03%

    $638

$10,000
30 years

Cost over time

  • SCHA 0.03%
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$200$400$600$800051015202530SCHA $638

Year by year

YearSCHA
10$55
20$216
30$638

Other funds in US Small-Cap