DFUS vs SCHB: Grades, Fees and Holdings Compared

Dimensional U.S. Equity ETF

DFUSBNYSE Arca

Schwab U.S. Broad Market ETF

SCHBANYSE Arca

Overlap

94.7%by weight

Expense ratio

SCHB −0.06pt a year

DFUS0.09%SCHB0.03%

Avg volume · 30D

SCHB 12.6×the volume

DFUS717KSCHB9.03M

5Y return · a year

DFUS +0.7pt

DFUS+11.7%SCHB+11.0%

DFUS vs SCHB Performance

Oct 29, 2021 – Oct 30, 2026

+73.9%DFUS+68.3%SCHB

Expense ratio: DFUS 0.09%; SCHB 0.03%, better
Fund size: DFUS $21.5B; SCHB $44.2B
1Y total return: DFUS +12.2%, better; SCHB +11.9%
Yield (12M): DFUS 0.88%; SCHB 1.06%, better
Holdings: DFUS 2225; SCHB 2382
Avg volume (30D): DFUS 717K sh; SCHB 9.03M sh, better
NAV per share: DFUS $82.40; SCHB $29.06
52W range

ETF.net Grade

Pillar letters and Scores for DFUS, SCHB, with each pillar’s weight
Pillar	DFUS	SCHB
Cost30% weight	C43	A75Higher
Mission25% weight	A100	A100
Risk15% weight	C50	C50
Tradability15% weight	B69	A70Higher
Holdings10% weight	B63	A76Higher
Durability5% weight	B64	B69Higher

Rank among Total US Market funds

How we build Categories ›

Same Category. DFUS 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 DFUS 6th 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 5ABBUSJPMorgan BetaBuilders U.S. Equity ETFScore 70
Rank 6BDFUSDimensional U.S. Equity ETFScore 65
Rank 7BIWViShares Russell 3000 ETFScore 60

Our read on each fund

ETF.net Research

DFUSBDimensional U.S. Equity ETF

SCHBASchwab U.S. Broad Market ETF

In short

DFUS Most total-market funds just mirror an index. DFUS covers similar ground with tax written into the mandate itself: Dimensional aims for long-term capital appreciation while working to minimize federal income taxes.

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

DFUS The fund seeks long-term capital appreciation while also aiming to minimize federal income taxes.

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

DFUS The tax angle sits in the stated objective, not the marketing: long-term capital appreciation while aiming to minimize federal income taxes.dimensional.com
Roughly 2,500 US stocks in a single line item, so broad-market coverage arrives without a basket of tickers to babysit.
A multi-billion-dollar fund that trades actively, so buying or selling rarely means hunting for the other side of the trade.
The strategy's record runs back to 2001, and the portfolio holds closely to the broad US equity mandate it advertises.

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

DFUS At 0.09% a year, DFUS costs more than plain index rivals in the same aisle: VTI and ITOT run 0.03%, BBUS 0.02%.
Minimizing taxes is an aim, not an outcome. The fund still distributes quarterly, and what you actually keep depends on your bracket and account type.
US equity only. Anything outside the United States sits outside this fund's mandate.

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 DFUS profile⁠

Full SCHB profile⁠

DFUS vs SCHB Holdings

How DFUS and SCHB differ

Overlap by weight

94.7%

Shared holdings make up 99.2% of DFUS and 96.4% of SCHB.

Level by level

Holdings1,867 in both94.7%
Sector11 Sectors97.6%
Asset classEquity100%
Countryby domicile100%

Sector

Sector weights in DFUS and SCHB, widest gap first
Sector	More in DFUSMore in SCHB	DFUS	SCHB
Real Estate	SCHB +2.0 points	0.1%	2.1%
Technology	DFUS +0.9 points	39.0%	38.1%
Communication	DFUS +0.4 points	9.6%	9.2%
Financials	DFUS +0.4 points	12.0%	11.6%
Consumer Discretionary	DFUS +0.3 points	9.0%	8.7%
Health Care	SCHB +0.3 points	9.7%	10.0%
Energy	DFUS +0.2 points	3.7%	3.5%
Industrials	SCHB +0.2 points	8.7%	8.9%
Consumer Staples	DFUS +0.1 points	4.3%	4.2%
Materials	DFUS +0.1 points	1.9%	1.8%
Utilities	Same weight	1.9%	1.9%

Country, concentration and asset class

Country by domicile

Country weights in DFUS and SCHB, widest gap first
Country	More in DFUSMore in SCHB	DFUS	SCHB
United States	Same weight	99.4%	99.4%
Switzerland	Same weight	0.3%	0.3%
China	Same weight	0.1%	0.1%
United Kingdom	Same weight	0.1%	0.1%
Mexico	Same weight	0.1%	0.1%
Ireland	Same weight	0.0%	0.0%
Taiwan	Same weight	0.0%	0.0%
Brazil	Same weight	0.0%	0.0%
Other countries (2)	Same weight	0.0%	0.0%

Concentration

Weight in the 10 largest Holdings

DFUS34.0%
SCHB33.3%

Securities held

DFUS2,224
SCHB2,382

Asset class

DFUS: Equity
SCHB: Equity

Holdings

Only in DFUS357
In both1,867
Only in SCHB515

Only in DFUS

357 securities, 0.6% of DFUS by weight

Spotify Technology SA0.11%
Crh PLC0.08%
Southern Copper Corp0.03%
Heico Corp0.03%
Icon PLC0.02%
Moog Inc0.01%
Fox Corp - Class B0.01%
Jfrog Ltd0.01%
Grail Inc<0.01%
Noble Corp PLC<0.01%
Globalfoundries Inc<0.01%
Marex Group Ltd<0.01%
U-Haul Holding Co<0.01%
News Corp - Class B<0.01%
Scorpio Tankers Inc<0.01%
Kiniksa Pharmaceuticals I<0.01%
Copa Holdings SA<0.01%
Dht Holdings Inc<0.01%
Amdocs Ltd<0.01%
Flagstar Bank Na<0.01%
Banco Santander SA<0.01%
Banc of California Inc<0.01%
Sunococorp Llc<0.01%
Imax Corp<0.01%
Howard Hughes Holdings In<0.01%
Constellium SE<0.01%
Teekay Tankers Ltd<0.01%
Allegiant Travel Co.<0.01%
Liberty Media Corp-Class<0.01%
Bank of Nt Butterfield &<0.01%
Bath & Body Works Inc<0.01%
Waterbridge Infrastructur<0.01%
Capri Holdings Ltd<0.01%
Omnicell Inc<0.01%
Nordic American Tankers L<0.01%
Perpetua Resources Corp<0.01%
Hamilton Insurance Group<0.01%
Sfl Corp Ltd<0.01%
Aurinia Pharmaceuticals I<0.01%
Reynolds Consumer Product<0.01%
Dole PLC<0.01%
Hawaiian Electric Industr<0.01%
J & J Snack Foods Corp.<0.01%
Pelagos Insurance Capital<0.01%
Borr Drilling Ltd<0.01%
Liberty Global Ltd<0.01%
Ceva Inc<0.01%
Zillow Group Inc<0.01%
Zymeworks Inc<0.01%
Sagimet Biosciences Inc<0.01%

Only in SCHB

515 securities, 3.6% of SCHB by weight

Space Exploration Technologies Cor0.27%
Welltower0.23%
Prologis Reit0.16%
Equinix Reit0.14%
American Tower Reit0.12%
Ssc Government Mm Gvmxx0.10%
Simon Property Group Reit Inc0.09%
Digital Realty Trust Reit0.09%
Crh Public Limited PLC0.08%
Realty Income Reit0.07%
Public Storage Reit0.07%
Strategy Inc Class A0.07%
Vivmark Residential0.06%
Ventas Reit0.06%
Crown Castle Inc0.05%
Iron Mountain Inc0.05%
Extra Space Storage Reit0.04%
Royalty Pharma PLC Class A0.04%
Vici Pptys Inc0.04%
Amrize AG0.03%
Sba Communications Reit Corp Class0.03%
Host Hotels & Resorts Reit0.02%
Essex Property Trust Reit0.02%
Kimco Realty Reit Corp0.02%
Rb Global0.02%
Circle Internet Group Inc Class A0.02%
Medline Class A0.02%
W. P. Carey Reit0.02%
Glaukos0.02%
Invitation Homes0.02%
Omega Healthcare Investors Reit0.02%
Weyerhaeuser Reit0.02%
Annaly Capital Management Reit0.02%
Lamar Advertising Company Class A0.02%
Mid America Apartment Communities0.02%
Sun Communities Reit Inc0.02%
Healthpeak Properties Inc0.02%
Bitmine Immersion Technologies0.02%
Regency Centers Reit Corp0.02%
Bridgebio Pharma0.02%
Gaming and Leisure Properties Reit0.02%
Bio Techne0.02%
American Healthcare Reit0.02%
Twist Bioscience0.02%
Equity Lifestyle Properties Reit I0.02%
Flutter Entertainment PLC0.01%
Eastgroup Properties Reit0.01%
Agnc Investment Reit0.01%
Aes0.01%
Udr Reit0.01%

Weight gaps

The 100 widest of 1,867 Holdings in both funds.

Holding weights in DFUS and SCHB, widest gap first
Holding	More in DFUSMore in SCHB	DFUS	SCHB
NVIDIA CorpNVDA	SCHB +0.18 points	6.75%	6.93%
Tesla IncTSLA	DFUS +0.18 points	1.70%	1.52%
Amazon.com Inc.AMZN	DFUS +0.17 points	3.38%	3.21%
Meta Platforms IncMETA	DFUS +0.11 points	1.96%	1.85%
Accenture PLCACN	SCHB +0.11 points	0.09%	0.20%
Microsoft CorpMSFT	DFUS +0.11 points	5.39%	5.28%
Micron Technology Inc.MU	DFUS +0.10 points	1.51%	1.41%
Eli Lilly and CompanyLLY	DFUS +0.10 points	1.57%	1.47%
Berkshire Hathaway Cl-BBRK.B	DFUS +0.09 points	1.44%	1.35%
Advanced Micro DevicesAMD	DFUS +0.08 points	1.32%	1.24%
JPMorgan Chase & CoJPM	DFUS +0.08 points	1.30%	1.22%
Exxonmobil Holdings CorpXOM	DFUS +0.07 points	1.08%	1.01%
Broadcom IncAVGO	DFUS +0.07 points	2.27%	2.20%
Alphabet IncGOOG	DFUS +0.06 points	1.86%	1.80%
Visa IncV	DFUS +0.06 points	1.00%	0.94%
Johnson & JohnsonJNJ	DFUS +0.06 points	0.95%	0.89%
Intuit Inc.INTU	SCHB +0.05 points	0.07%	0.12%
AbbVie Inc.ABBV	DFUS +0.04 points	0.73%	0.69%
Apple Inc.AAPL	DFUS +0.04 points	6.87%	6.83%
Mastercard Inc - AMA	DFUS +0.04 points	0.73%	0.69%
Nike Inc. Class BNKE	SCHB +0.04 points	0.02%	0.06%
Boston Scientific Corp.BSX	SCHB +0.04 points	0.04%	0.08%
Servicenow IncNOW	SCHB +0.04 points	0.11%	0.15%
Costco Wholesale Corp.COST	DFUS +0.04 points	0.63%	0.59%
Cisco Systems Inc.CSCO	DFUS +0.04 points	0.61%	0.57%
Moderna IncMRNA	SCHB +0.04 points	0.07%	0.11%
Coca Cola Co.KO	DFUS +0.03 points	0.51%	0.48%
Merck & Company IncMRK	DFUS +0.04 points	0.52%	0.48%
Alphabet Inc - Class AGOOGL	DFUS +0.03 points	2.26%	2.23%
Procter & Gamble Co/ThePG	DFUS +0.03 points	0.53%	0.50%
Walmart Inc.WMT	DFUS +0.03 points	0.75%	0.72%
Philip Morris IntlPM	DFUS +0.02 points	0.46%	0.44%
Applied Materials Inc.AMAT	DFUS +0.03 points	0.48%	0.45%
Palo Alto Networks IncPANW	DFUS +0.02 points	0.44%	0.42%
Zoetis IncZTS	SCHB +0.02 points	0.02%	0.04%
Texas Instruments Inc.TXN	DFUS +0.03 points	0.41%	0.38%
Bank of America CorpBAC	DFUS +0.02 points	0.47%	0.45%
UnitedHealth Group Inc.UNH	DFUS +0.03 points	0.52%	0.49%
Rtx CorpRTX	DFUS +0.02 points	0.38%	0.36%
Arista Networks IncANET	DFUS +0.02 points	0.28%	0.26%
Roblox CorpRBLX	SCHB +0.03 points	0.02%	0.05%
Applovin CorpAPP	SCHB +0.02 points	0.07%	0.09%
Thermo Fisher Scientific.TMO	DFUS +0.02 points	0.37%	0.35%
Amgen IncAMGN	DFUS +0.03 points	0.36%	0.33%
Coreweave IncCRWV	SCHB +0.02 points	<0.01%	0.03%
Home Depot IncHD	DFUS +0.02 points	0.46%	0.44%
New Linde PLCLIN	DFUS +0.02 points	0.33%	0.31%
Ge Vernova LlcGEV	DFUS +0.02 points	0.34%	0.32%
Heico CorpHEI	SCHB +0.02 points	0.02%	0.04%
Wells Fargo & Co.WFC	DFUS +0.02 points	0.36%	0.34%
BlackRock Funding Inc/DeBLK	DFUS +0.02 points	0.25%	0.23%
Fiserv Inc.FISV	SCHB +0.02 points	0.01%	0.03%
Caterpillar Inc.CAT	DFUS +0.02 points	0.42%	0.40%
Lam Research CorpLRCX	DFUS +0.02 points	0.45%	0.43%
Uber Technologies IncUBER	SCHB +0.02 points	0.16%	0.18%
Citigroup Inc.C	DFUS +0.02 points	0.30%	0.28%
Medtronic PLCMDT	DFUS +0.02 points	0.18%	0.16%
General Electric CompanyGE	DFUS +0.01 points	0.45%	0.44%
Gilead Sciences IncGILD	DFUS +0.01 points	0.29%	0.28%
Kla CorpKLAC	DFUS +0.02 points	0.31%	0.29%
Western DigitalWDC	DFUS +0.02 points	0.21%	0.19%
Amphenol Corp Class AAPH	DFUS +0.02 points	0.29%	0.27%
Goldman Sachs Group Inc.GS	DFUS +0.02 points	0.38%	0.36%
International Business MaIBM	DFUS +0.01 points	0.34%	0.33%
Analog Devices Inc.ADI	DFUS +0.02 points	0.30%	0.28%
ConocophillipsCOP	DFUS +0.02 points	0.26%	0.24%
Union Pac Corp.UNP	DFUS +0.02 points	0.26%	0.24%
Waste Management Inc.WM	DFUS +0.02 points	0.13%	0.11%
Qualcomm Inc.QCOM	DFUS +0.01 points	0.28%	0.27%
Echostar CorpECHO	SCHB +0.02 points	<0.01%	0.02%
Ionq IncIONQ	SCHB +0.02 points	<0.01%	0.02%
Pepsico Inc.PEP	DFUS +0.02 points	0.26%	0.24%
Cadence Design SystemsCDNS	DFUS +0.01 points	0.14%	0.13%
Sunbelt Rentals HoldingsSUNB	SCHB +0.02 points	0.03%	0.05%
Crowdstrike Holdings IncCRWD	DFUS +0.01 points	0.37%	0.36%
Nextera Energy IncNEE	DFUS +0.01 points	0.24%	0.23%
Coinbase Global IncCOIN	SCHB +0.02 points	0.03%	0.05%
Pfizer Inc.PFE	DFUS +0.01 points	0.24%	0.23%
Danaher Corp.DHR	DFUS +0.01 points	0.21%	0.20%
Copart IncCPRT	SCHB +0.01 points	0.02%	0.03%
Sandisk Corp/DeSNDK	DFUS +0.01 points	0.27%	0.26%
The Charles Schwab Corp.SCHW	DFUS +0.02 points	0.21%	0.19%
American Express Co.AXP	DFUS +0.01 points	0.24%	0.23%
Eaton Corp PLCETN	DFUS +0.01 points	0.22%	0.21%
Tractor Supply Co.TSCO	SCHB +0.01 points	0.01%	0.02%
Lululemon Athletica IncLULU	SCHB +0.02 points	<0.01%	0.02%
Tjx Companies Inc.TJX	DFUS +0.01 points	0.22%	0.21%
Rocket Cos IncRKT	DFUS +0.01 points	0.03%	0.02%
Oracle Corp.ORCL	SCHB +0.01 points	0.31%	0.32%
Abbott LaboratoriesABT	DFUS +0.01 points	0.25%	0.24%
Vertex PharmaceuticalsVRTX	DFUS +0.02 points	0.20%	0.18%
Equifax IncEFX	SCHB +0.01 points	0.02%	0.03%
Mcdonald's Corp.MCD	DFUS +0.02 points	0.26%	0.24%
Illinois Tool Works Inc.ITW	DFUS +0.01 points	0.11%	0.10%
Verizon CommunicationsVZ	DFUS +0.01 points	0.25%	0.24%
Costar Group IncCSGP	SCHB +0.02 points	<0.01%	0.02%
Fox Corp - Class AFOXA	SCHB +0.01 points	0.02%	0.03%
Bristol-Myers Squibb Co.BMY	DFUS +0.01 points	0.18%	0.17%
Royal Caribbean CruisesRCL	DFUS +0.01 points	0.11%	0.10%
Marathon Petroleum Corp.MPC	DFUS +0.01 points	0.17%	0.16%

All 2,471 DFUS holdings⁠All 2,389 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.

DFUS vs SCHB Cost

Overpaying DFUS vs SCHB

$1,260

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

DFUS 0.09%
$1,898
SCHB 0.03%
$638

Amount$10,000

Years30 years

Cost over time

DFUS 0.09%
SCHB 0.03%
Overpaying

Year by year

Year	DFUS	SCHB	Overpaying
10	$165	$55	$110
20	$646	$216	$430
30	$1,898	$638	$1,260

Expense ratio

0.09%DFUS
0.03%SCHB, cheaper

SCHB0.03%DFUS0.09%

0.02%0.25%

Middle half of Total US Market funds
Median 0.04%

SCHB 2nd cheapest of 10 funds

DFUS 7th cheapest of 10 funds

DFUS vs SCHB Dividends

Last 12 months to Oct 30, 2026

Yield (12M): DFUS 0.88%; SCHB 1.06%, better
Payout (12M): DFUS $0.72; SCHB $0.31
Last payment: DFUS $0.20; SCHB $0.08
Ex-dividend: DFUS Sep 22, 2026; SCHB Sep 23, 2026
Paid on: DFUS Sep 24, 2026; SCHB Sep 28, 2026
Frequency: DFUS Quarterly; SCHB Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

DFUSQuarterly · 22 paymentsAll DFUS payments⁠

SCHBQuarterly · 24 paymentsAll SCHB payments⁠

DFUS vs SCHB Risk

Fall from peak · 5 years

DFUS
SCHB

Risk facts

VolatilityStd dev, 3 years: DFUS 12.6%, betterSCHB 12.7%
Return per unit of riskSharpe ratio, 3 years: DFUS 1.39, betterSCHB 1.36
Worst fallMax drawdown, 5 years: DFUS −24.6%, betterSCHB −25.4%
Market sensitivityBeta, 5 years: DFUS 1.02SCHB 1.03; Market = 1

DFUS and SCHB in the news

All news⁠

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Oct 22, 2026SCHB

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DFUS vs SCHB

In short

Stated mandate

Why people hold it

Worth knowing

How DFUS and SCHB differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in DFUS

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 DFUS and SCHB differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in DFUS

Only in SCHB

Weight gaps