BBUS vs SCHB: Grades, Fees and Holdings Compared

JPMorgan BetaBuilders U.S. Equity ETF

BBUSACboe

Schwab U.S. Broad Market ETF

SCHBANYSE Arca

Overlap

88.6%by weight

Expense ratio

BBUS −0.01pt a year

BBUS0.02%SCHB0.03%

Avg volume · 30D

SCHB 41.1×the volume

BBUS223KSCHB9.19M

5Y return · a year

BBUS +0.6pt

BBUS+11.2%SCHB+10.6%

BBUS vs SCHB Performance

Nov 3, 2021 – Nov 3, 2026

+70.4%BBUS+65.7%SCHB

Expense ratio: BBUS 0.02%, better; SCHB 0.03%
Fund size: BBUS $9.59B; SCHB $44B
1Y total return: BBUS +10.9%; SCHB +11.7%, better
Yield (12M): BBUS 1.01%; SCHB 1.06%, better
Holdings: BBUS 470; SCHB 2414
Avg volume (30D): BBUS 223K sh; SCHB 9.19M sh, better
NAV per share: BBUS $135.41; SCHB $28.93
52W range

ETF.net Grade

Pillar letters and Scores for BBUS, SCHB, with each pillar’s weight
Pillar	BBUS	SCHB
Cost30% weight	A96Higher	A75
Mission25% weight	A98	A100Higher
Risk15% weight	C44	C50Higher
Tradability15% weight	D35	A70Higher
Holdings10% weight	D36	A76Higher
Durability5% weight	D28	B69Higher

Rank among Total US Market funds

How we build Categories ›

Same Category. BBUS and SCHB are both graded against the same 10 Total US Market funds, so their Grades compare head to head.

Total US Market⁠

Category · 10 funds

See all 10 ›

SCHB ranks 2nd and BBUS 5th of 10 funds in the Total US Market Category.

Rank 1AITOTiShares Core S&P Total U.S. Stock Market ETFScore 78
Rank 2ASCHBSchwab U.S. Broad Market ETFScore 76
Rank 3ASPTMState Street SPDR Portfolio S&P 1500 Composite Stock Market ETFScore 74
Rank 4AVTIVanguard Morningstar Total Stock Market ETFScore 73
Rank 5ABBUSJPMorgan BetaBuilders U.S. Equity ETFScore 70
Rank 6BDFUSDimensional U.S. Equity ETFScore 65

Our read on each fund

ETF.net Research

BBUSAJPMorgan BetaBuilders U.S. Equity ETF

SCHBASchwab U.S. Broad Market ETF

In short

BBUS JPMorgan's two-basis-point answer to the total-market question: it undercuts the household-name index funds on fee, then holds a tighter book of roughly 500 large and mid caps instead of reaching for the whole market's tail.

SCHB Schwab's one-ticket slice of nearly the whole US market: roughly 2,400 stocks for 0.03% a year, half the typical fee among total-market rivals. Running since 2009, with one of the tightest index-tracking records in its peer group.

Stated mandate

BBUS The fund seeks broad U.S. equity exposure through an indexed, passive approach tracking the Morningstar US Target Market Exposure Index.

SCHB The fund seeks to track, before fees and expenses, the total return of the Dow Jones U.S. Broad Stock Market Index.

Why people hold it

BBUS 0.02% a year makes it the cheapest fund in its total-market cohort, under the 0.03% charged by VTI, SCHB and ITOT and well under the 0.06% cohort median.
Plain passive plumbing: it follows the Morningstar US Target Market Exposure Index with very little drift, no factor tilts and no manager discretion in the mix.jpmorgan.com
A multi-billion-dollar fund backed by J.P. Morgan's ETF desk, listed since 2019 and paying distributions quarterly.

SCHB 0.03% a year, half the 0.06% median for its total-market cohort. Three dollars a year per $10,000 invested.
Tracks the Dow Jones U.S. Broad Stock Market Index tightly, among the closest index replication in its peer group.schwabassetmanagement.com
A multi-billion-dollar fund and one of the most actively traded in its category, which usually means narrow bid-ask spreads for buyers and sellers.
Live since 2009, with a quarterly dividend cadence and roughly 2,400 holdings behind it.

Worth knowing

BBUS "US equity" here means roughly 500 large and mid cap names, so the deep small-cap tail that the broadest funds in this group carry is thinner.jpmorgan.com
Volume is moderate rather than heavy for the category, so spreads can run wider than at the most heavily traded total-market names.
A 2019 launch gives it a shorter live record than the total-market veterans it undercuts on price.

SCHB Not the cheapest ticket in the cohort: BBUS charges 0.02%. At these levels the gap is pennies, but it exists.
Broad, not exhaustive. Roughly 2,400 stocks covers the bulk of the US market rather than every listed company.
Pure equity exposure with no hedge or buffer, so it moves with the full US market in both directions.

Full BBUS profile⁠

Full SCHB profile⁠

BBUS vs SCHB Holdings

How BBUS and SCHB differ

Overlap by weight

88.6%

Shared holdings make up 98.6% of BBUS and 88.7% of SCHB.

Level by level

Holdings451 in both88.6%
Sector11 Sectors96.7%
Asset classEquity100%
Countryby domicile99.9%

Sector

Sector weights in BBUS and SCHB, widest gap first
Sector	Gap	BBUS	SCHB
Technology	BBUS +2.5 points	40.6%	38.1%
Industrials	SCHB +0.9 points	8.0%	8.9%
Health Care	SCHB +0.9 points	9.1%	10.0%
Communication	BBUS +0.7 points	9.9%	9.2%
Real Estate	SCHB +0.5 points	1.6%	2.1%
Financials	SCHB +0.4 points	11.2%	11.6%
Materials	SCHB +0.3 points	1.5%	1.8%
Energy	SCHB +0.1 points	3.4%	3.5%
Consumer Discretionary	Same weight	8.7%	8.7%
Utilities	SCHB +0.1 points	1.8%	1.9%
Consumer Staples	Same weight	4.2%	4.2%

Country, concentration and asset class

Country by domicile

Country weights in BBUS and SCHB, widest gap first
Country	Gap	BBUS	SCHB
United States	Same weight	99.4%	99.4%
Switzerland	Same weight	0.3%	0.3%
Brazil	BBUS +0.1 points	0.1%	0.0%
China	Same weight	0.1%	0.1%
United Kingdom	SCHB +0.1 points	0.0%	0.1%
Mexico	Same weight	0.1%	0.1%
Ireland	Same weight	0.0%	0.0%
Sweden	Same weight	0.0%	0.0%
India	Same weight	0.0%	0.0%

Concentration

Weight in the 10 largest Holdings

BBUS36.7%
SCHB33.1%

Securities held

BBUS468
SCHB2,412

Asset class

BBUS: Equity
SCHB: Equity

Holdings

Only in BBUS17
In both451
Only in SCHB1,961

Only in BBUS

17 securities, 1.4% of BBUS by weight

JPMorgan U.s. Government0.64%
Trane Technologies PLC0.14%
Elevance Health Inc0.13%
Mercadolibre Inc Common0.12%
Becton Dickinson & Co0.08%
Block Inc Common Stock0.06%
Fiserv Inc Common Stock0.04%
Steris PLC Common Stock0.04%
Heico Corp Common Stock0.03%
Southern Copper Corp0.03%
Flutter Entertainment0.02%
Vivmark Residential Reit0.01%
Fox Corp Common Stock USD0.01%
News Corp Common Stock<0.01%
Liberty Media Corp<0.01%
Lennar Corp Common Stock<0.01%
Tpg Inc Right USD0.00%

Only in SCHB

1,961 securities, 11.3% of SCHB by weight

Trane Technologies PLC0.12%
Elevance Health Inc0.12%
Moderna0.11%
Natera0.07%
Becton Dickinson0.07%
Vivmark Residential0.06%
Block Class A0.06%
Revolution Medicines0.05%
Ssc Government Mm Gvmxx0.05%
Cboe Global Markets0.05%
Okta Class A0.04%
Williams Sonoma Inc0.04%
Atlassian Corp Class A0.04%
Fiserv Inc0.04%
Technipfmc PLC0.04%
United Therapeutics0.04%
Caseys General Stores Inc0.03%
Qnity Electronics0.03%
Tapestry0.03%
Ati0.03%
Reliance0.03%
Us Foods Holding0.03%
Guardant Health0.03%
Steris0.03%
Xpo0.03%
Amrize AG0.03%
Viatris0.03%
Affirm Holdings Class A0.03%
Tenet Healthcare Corp0.03%
Roku Class A0.03%
Permian Resources Class A0.03%
Ftai Aviation0.03%
Nvent Electric PLC0.03%
Royal Gold0.03%
Skyworks Solutions0.03%
Roivant Sciences Ltd0.03%
Best Buy0.03%
Woodward0.03%
Ovintiv0.03%
Rubrik Class A0.03%
Cf Industries Holdings Inc0.03%
Ball Corp0.02%
Itt Inc0.02%
Curtiss Wright0.02%
Td Synnex0.02%
Sharkninja0.02%
Jones Lang Lasalle0.02%
Reinsurance Group of America0.02%
Host Hotels & Resorts Reit0.02%
Api Group0.02%

Weight gaps

The 100 widest of 451 Holdings in both funds.

Holding weights in BBUS and SCHB, widest gap first
Holding	Gap	BBUS	SCHB
Apple Inc Common StockAAPL	BBUS +0.79 points	7.57%	6.78%
Microsoft Corp CommonMSFT	BBUS +0.61 points	5.78%	5.17%
NVIDIA Corp Common StockNVDA	BBUS +0.51 points	7.22%	6.71%
Amazon.com Inc CommonAMZN	BBUS +0.41 points	3.72%	3.31%
Alphabet Inc-Cl A -GOOGL	BBUS +0.26 points	2.51%	2.25%
Meta Platforms Inc CommonMETA	BBUS +0.21 points	2.05%	1.84%
Alphabet Inc-Cl C -GOOG	BBUS +0.22 points	2.03%	1.81%
Broadcom Inc CommonAVGO	BBUS +0.20 points	2.31%	2.10%
Tesla Inc Common StockTSLA	BBUS +0.19 points	1.75%	1.56%
Eli Lilly and CompanyLLY	BBUS +0.18 points	1.73%	1.55%
Space ExplorationSPCX	BBUS +0.16 points	0.42%	0.26%
Berkshire Hathaway IncBRK.B	BBUS +0.15 points	1.57%	1.42%
Micron Technology IncMU	BBUS +0.15 points	1.44%	1.29%
JPMorgan Chase & CoJPM	BBUS +0.15 points	1.39%	1.24%
Advanced Micro DevicesAMD	BBUS +0.12 points	1.17%	1.05%
Exxonmobil Holdings CorpXOM	BBUS +0.12 points	1.13%	1.01%
Visa Inc Common Stock USDV	BBUS +0.11 points	1.11%	1.00%
Johnson & Johnson CommonJNJ	BBUS +0.11 points	1.00%	0.89%
Mastercard Inc CommonMA	BBUS +0.08 points	0.81%	0.73%
AbbVie Inc Common StockABBV	BBUS +0.08 points	0.78%	0.70%
Walmart Inc Common StockWMT	BBUS +0.08 points	0.86%	0.78%
Costco Wholesale CorpCOST	BBUS +0.08 points	0.71%	0.63%
The Coca-Cola CompanyKO	BBUS +0.06 points	0.57%	0.51%
Cisco Systems Inc CommonCSCO	BBUS +0.07 points	0.62%	0.55%
The Procter & GamblePG	BBUS +0.06 points	0.58%	0.52%
Merck & Co Inc CommonMRK	BBUS +0.06 points	0.56%	0.50%
UnitedHealth Group IncUNH	BBUS +0.06 points	0.55%	0.49%
Home Depot Inc/TheHD	BBUS +0.05 points	0.52%	0.47%
General Electric CoGE	BBUS +0.05 points	0.50%	0.45%
Philip MorrisPM	BBUS +0.05 points	0.50%	0.45%
Bank of America CorpBAC	BBUS +0.05 points	0.49%	0.44%
Applied Materials IncAMAT	BBUS +0.05 points	0.46%	0.41%
Caterpillar Inc CommonCAT	BBUS +0.04 points	0.43%	0.39%
Palo Alto Networks IncPANW	BBUS +0.05 points	0.44%	0.39%
Lam Research Corp CommonLRCX	BBUS +0.05 points	0.44%	0.39%
Rtx CorpRTX	BBUS +0.04 points	0.42%	0.38%
Texas Instruments IncTXN	BBUS +0.04 points	0.42%	0.38%
Palantir Technologies IncPLTR	BBUS +0.05 points	0.61%	0.56%
Goldman Sachs GroupGS	BBUS +0.04 points	0.40%	0.36%
Netflix Inc Common StockNFLX	BBUS +0.04 points	0.40%	0.36%
Wells Fargo & Co CommonWFC	BBUS +0.04 points	0.40%	0.36%
Amgen Inc Common StockAMGN	BBUS +0.04 points	0.39%	0.35%
Thermo Fisher ScientificTMO	BBUS +0.04 points	0.39%	0.35%
International BusinessIBM	BBUS +0.04 points	0.37%	0.33%
Linde PLC Common StockLIN	BBUS +0.04 points	0.37%	0.33%
Ge Vernova Inc CommonGEV	BBUS +0.03 points	0.35%	0.32%
Chevron Corp Common StockCVX	BBUS +0.03 points	0.65%	0.62%
Morgan Stanley DeanMS	BBUS +0.04 points	0.34%	0.30%
Gilead Sciences IncGILD	BBUS +0.03 points	0.32%	0.29%
Citigroup Inc CommonC	BBUS +0.04 points	0.32%	0.28%
Analog Devices IncADI	BBUS +0.03 points	0.31%	0.28%
Kla Corp Common Stock USDKLAC	BBUS +0.04 points	0.31%	0.27%
The Walt Disney CompanyDIS	BBUS +0.03 points	0.30%	0.27%
Pepsico Inc Common StockPEP	BBUS +0.03 points	0.29%	0.26%
Abbott LaboratoriesABT	BBUS +0.03 points	0.29%	0.26%
Verizon CommunicationsVZ	BBUS +0.03 points	0.29%	0.26%
Mcdonald's Corp CommonMCD	BBUS +0.03 points	0.29%	0.26%
American Express CoAXP	BBUS +0.03 points	0.27%	0.24%
Crowdstrike Holdings IncCRWD	BBUS +0.03 points	0.37%	0.34%
Union Pacific Corp CommonUNP	BBUS +0.03 points	0.28%	0.25%
Amphenol Corp CommonAPH	BBUS +0.03 points	0.30%	0.27%
Medtronic PLC CommonMDT	BBUS +0.03 points	0.20%	0.17%
Oracle Corp Common StockORCL	BBUS +0.03 points	0.31%	0.28%
Danaher Corp Common StockDHR	BBUS +0.02 points	0.22%	0.20%
Conocophillips CommonCOP	BBUS +0.03 points	0.27%	0.24%
Pfizer Inc Common StockPFE	BBUS +0.03 points	0.27%	0.24%
Welltower IncWELL	BBUS +0.02 points	0.26%	0.24%
Nextera Energy IncNEE	BBUS +0.03 points	0.27%	0.24%
Qualcomm Inc Common StockQCOM	BBUS +0.02 points	0.26%	0.24%
Accenture PLC CommonACN	BBUS +0.02 points	0.24%	0.22%
Tjx Cos Inc/The CommonTJX	BBUS +0.03 points	0.24%	0.21%
Intuitive Surgical IncISRG	BBUS +0.03 points	0.24%	0.21%
Charles Schwab Corp/TheSCHW	BBUS +0.02 points	0.22%	0.20%
Deere & Co Common StockDE	BBUS +0.02 points	0.25%	0.23%
Arista Networks IncANET	BBUS +0.02 points	0.26%	0.24%
Stryker Corp Common StockSYK	BBUS +0.02 points	0.17%	0.15%
AT&T Inc Common Stock USDT	BBUS +0.03 points	0.23%	0.20%
Sandisk Corp Common StockSNDK	BBUS +0.02 points	0.24%	0.22%
Illinois Tool Works IncITW	BBUS +0.03 points	0.13%	0.10%
Marvell Technology IncMRVL	BBUS +0.02 points	0.23%	0.21%
Eaton Corp PLC CommonETN	BBUS +0.02 points	0.22%	0.20%
Heico Corp Common StockHEI	SCHB +0.02 points	0.02%	0.04%
Vertex PharmaceuticalsVRTX	BBUS +0.03 points	0.22%	0.19%
Salesforce.com Inc.CRM	BBUS +0.03 points	0.28%	0.25%
Chubb Ltd Common StockCB	BBUS +0.02 points	0.20%	0.18%
Boeing Co/The CommonBA	BBUS +0.02 points	0.21%	0.19%
Progressive Corp/ThePGR	BBUS +0.02 points	0.21%	0.19%
Bristol-Myers Squibb CoBMY	BBUS +0.02 points	0.20%	0.18%
Altria Group Inc CommonMO	BBUS +0.02 points	0.20%	0.18%
Capital One FinancialCOF	BBUS +0.02 points	0.20%	0.18%
Prologis Inc Reit USDPLD	BBUS +0.02 points	0.19%	0.17%
Lowe's Cos Inc CommonLOW	BBUS +0.02 points	0.19%	0.17%
Seagate TechnologySTX	BBUS +0.02 points	0.20%	0.18%
Automatic Data ProcessingADP	BBUS +0.02 points	0.18%	0.16%
Marathon Petroleum CorpMPC	BBUS +0.02 points	0.18%	0.17%
Western Digital CorpWDC	BBUS +0.02 points	0.19%	0.17%
Northrop Grumman CorpNOC	BBUS +0.02 points	0.12%	0.10%
Intel Corp Common StockINTC	BBUS +0.02 points	0.43%	0.41%
Starbucks Corp CommonSBUX	BBUS +0.02 points	0.18%	0.16%
Booking Holdings IncBKNG	BBUS +0.02 points	0.18%	0.16%

All 469 BBUS holdings⁠All 2,421 SCHB holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

BBUS vs SCHB Cost

Overpaying SCHB vs BBUS

$212

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

BBUS 0.02%
$426
SCHB 0.03%
$638

Amount$10,000

Years30 years

Cost over time

BBUS 0.02%
SCHB 0.03%
Overpaying

Year by year

Year	BBUS	SCHB	Overpaying
10	$37	$55	$18
20	$144	$216	$72
30	$426	$638	$212

Expense ratio

0.02%BBUS, cheaper
0.03%SCHB

BBUS0.02%SCHB0.03%

0.02%0.25%

Middle half of Total US Market funds
Median 0.04%

BBUS cheapest of 10 funds

SCHB 2nd cheapest of 10 funds

BBUS vs SCHB Dividends

Last 12 months to Nov 3, 2026

Yield (12M): BBUS 1.01%; SCHB 1.06%, better
Payout (12M): BBUS $1.37; SCHB $0.31
Last payment: BBUS $0.35; SCHB $0.08
Ex-dividend: BBUS Sep 22, 2026; SCHB Sep 23, 2026
Paid on: BBUS Sep 24, 2026; SCHB Sep 28, 2026
Frequency: BBUS Quarterly; SCHB Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

BBUSQuarterly · 30 paymentsAll BBUS payments⁠

SCHBQuarterly · 24 paymentsAll SCHB payments⁠

BBUS vs SCHB Risk

Fall from peak · 5 years

BBUS
SCHB

Risk facts

VolatilityStd dev, 3 years: BBUS 12.5%, betterSCHB 12.7%
Return per unit of riskSharpe ratio, 3 years: BBUS 1.39, betterSCHB 1.36
Worst fallMax drawdown, 5 years: BBUS −25.5%SCHB −25.4%, better
Market sensitivityBeta, 5 years: BBUS 1.02SCHB 1.03; Market = 1

BBUS and SCHB in the news

All news⁠

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Updated Nov 2, 2026SCHB
Deep Dive
VTI tracks the total U.S. stock market - large caps are 69.8% of it
Oct 22, 2026SCHB

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BBUS vs SCHB

In short

Stated mandate

Why people hold it

Worth knowing

How BBUS and SCHB differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in BBUS

Only in SCHB

Weight gaps

Cost over time

Year by year

Distribution history

Fall from peak · 5 years

Risk facts

The best S&P 500 ETF costs 0.02%. Equal weight is a different bet

VTI tracks the total U.S. stock market - large caps are 69.8% of it

How BBUS and SCHB differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in BBUS

Only in SCHB

Weight gaps