EES vs SCHA: Grades, Fees and Holdings Compared

WisdomTree U.S. SmallCap Fund

EESCNYSE Arca

Schwab U.S. Small-Cap ETF

SCHAANYSE Arca

Overlap

25.3%by weight

Expense ratio

SCHA −0.35pt a year

EES0.38%SCHA0.03%

Avg volume · 30D

SCHA 210.8×the volume

EES14.5KSCHA3.05M

10Y return · a year

SCHA +0.1pt

EES+10.4%SCHA+10.5%

EES vs SCHA Performance

Nov 9, 2021 – Nov 9, 2026

+33.2%EES+30.4%SCHA

Expense ratio: EES 0.38%; SCHA 0.03%, better
Fund size: EES $674M; SCHA $21.7B
1Y total return: EES +22.9%, better; SCHA +21.8%
Yield (12M): EES 1.16%, better; SCHA 1.11%
Holdings: EES 863; SCHA 1738
Avg volume (30D): EES 14.5K sh; SCHA 3.05M sh, better
NAV per share: EES $64.85; SCHA $32.39
52W range

ETF.net Grade

Pillar letters and Scores for EES, SCHA, with each pillar’s weight
Pillar	EES	SCHA
Cost30% weight	F19	A91Higher
Mission25% weight	B67	A96Higher
Risk15% weight	B62Higher	D38
Tradability15% weight	D30	A86Higher
Holdings10% weight	D36	A82Higher
Durability5% weight	C44	A77Higher

Rank among US Small-Cap funds

How we build Categories ›

Same Category. EES and SCHA are both graded against the same 16 US Small-Cap funds, so their Grades compare head to head.

US Small-Cap⁠

Category · 16 funds

See all 16 ›

SCHA ranks 1st and EES 13th of 16 funds in the US Small-Cap Category.

Rank 1ASCHASchwab U.S. Small-Cap ETFScore 81
Rank 2AVBVanguard Morningstar Small-Cap ETFScore 76
Rank 12CFDMFirst Trust Dow Jones Select MicroCap Index FundScore 43
Rank 13CEESWisdomTree U.S. SmallCap FundScore 41
Rank 13CIWCiShares Micro-Cap ETFScore 41

Our read on each fund

ETF.net Research

EESCWisdomTree U.S. SmallCap Fund

SCHAASchwab U.S. Small-Cap ETF

In short

EES EES buys only U.S. small caps that actually earn money, then weights them by the size of those profits instead of market value. A 2007-vintage answer to the unprofitable tail that cap-weighted small-cap funds carry.

SCHA Schwab'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

EES The fund seeks to track the investment results of earnings-generating small-cap companies in the U.S. equity market.

SCHA 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

EES The index screens for earnings-generating companies and weights by profits, so a stock's spot is tied to what it earns, not to what the market is willing to pay for it.wisdomtree.com
Roughly 900 stocks in the basket. That is a wide net for a screened fund, so no single small cap carries the portfolio.
Running since 2007, it has tracked its earnings-weighted index through the financial crisis and every small-cap cycle since. Long history, one consistent rulebook.
Follows its index closely, and pays out on a quarterly schedule.

SCHA 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

EES At 0.38% a year, it costs more than the small-cap category's typical fund, and well more than plain cap-weighted options like VB (0.03%) and SCHA (0.03%).
Thinly traded next to the category's giants, so bid-ask spreads can run wider, especially in fast markets.
The profit screen leaves out unprofitable small caps by design, so returns will diverge from a standard small-cap index in both directions.

SCHA 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.

Full EES profile⁠

Full SCHA profile⁠

EES vs SCHA Holdings

How EES and SCHA differ

Overlap by weight

25.3%

Shared holdings make up 87.4% of EES and 25.3% of SCHA.

Level by level

Holdings632 in both25.3%
Sector11 Sectors87.0%
Countryby domicile99.4%
Asset classStocks100%

Sector

Sector weights in EES and SCHA, widest gap first
Sector	Gap	EES	SCHA
Health Care	SCHA +6.7 points	10.6%	17.3%
Financials	EES +5.2 points	22.5%	17.3%
Real Estate	SCHA +3.2 points	3.9%	7.1%
Energy	EES +3.1 points	8.1%	5.0%
Industrials	SCHA +2.0 points	12.4%	14.4%
Consumer Staples	EES +1.7 points	4.7%	3.0%
Technology	EES +1.1 points	15.8%	14.7%
Utilities	SCHA +1.1 points	1.5%	2.6%
Communication	EES +0.9 points	3.9%	3.0%
Consumer Discretionary	EES +0.9 points	12.4%	11.5%
Materials	EES +0.1 points	4.2%	4.1%

Country, concentration and asset class

Country by domicile

Country weights in EES and SCHA, widest gap first
Country	Gap	EES	SCHA
United States	Same weight	99.0%	99.0%
Switzerland	EES +0.2 points	0.4%	0.2%
United Kingdom	EES +0.3 points	0.3%	0.0%
Brazil	SCHA +0.1 points	0.1%	0.2%
Israel	EES +0.2 points	0.2%	0.0%
India	SCHA +0.2 points	0.0%	0.2%
Ireland	SCHA +0.1 points	0.0%	0.1%
Taiwan	Same weight	0.1%	0.1%
Other countries (5)	SCHA +0.2 points	0.0%	0.2%

Concentration

Weight in the 10 largest Holdings

EES8.1%
SCHA2.8%

Securities held

EES861
SCHA1,737

Asset class

EES: Stocks
SCHA: Stocks

Holdings

Only in EES229
In both632
Only in SCHA1,105

Only in EES

229 securities, 12.4% of EES by weight

Computer Sciences Corp0.59%
Victoria's Secret & Co0.58%
Hamilton Insurance Grou-Cl B0.47%
j2 Global Inc0.43%
Viad Corp0.37%
Adtalem Global Education Inc0.34%
Cyberonics Inc0.32%
NRG Yield Inc-Class C0.29%
Unitrin Inc0.26%
Vectrus Inc0.24%
Brightsphere Investment Grp0.23%
Arkansas Best Corp0.23%
SeaWorld Entertainment Inc0.22%
Nicolet Bankshares Inc0.22%
Openlane Inc0.19%
Brush Engineered Materials Inc0.19%
Corporate Office Properties Tr0.18%
Drew Industries Inc0.16%
Constellium Se0.14%
Zoominfo Technologies Inc-A0.13%
Kiniksa Pharmaceuticals Inte0.13%
Ceco Environmental Corp0.12%
Vasco Data Security International Inc0.12%
Imax Corp0.11%
Fresh Del Monte Produce Inc0.11%
Oportun Financial Corp0.11%
Cricut Inc - Class A0.11%
Park-Ohio Holdings Corp0.10%
Aurinia Pharmaceuticals Inc0.10%
Covenant Transportation Group - Cl A0.09%
Gannett Co Inc0.09%
Zevra Therapeutics Inc0.09%
Composecure Inc-A0.09%
Village Super Market Inc0.08%
Puma Biotechnology Inc0.08%
Lendingclub Corp0.07%
Farmland Partners Inc0.07%
Weyco Group Inc0.07%
Mistras Group Inc0.07%
J. Jill Inc0.07%
Flexsteel Industries0.07%
Rocky Brands Inc0.07%
Abacus Global Management Inc0.07%
Solaris Oilfield Infrastructure0.07%
Quad/Graphics Inc0.06%
Amerigon Inc0.06%
CPI Card Group Inc0.06%
Climb Global Solutions Inc0.06%
Abeona Therapeutics Inc0.06%
Ooma Inc0.06%

Only in SCHA

1,105 securities, 74.7% of SCHA by weight

Glaukos0.33%
Wayfair Class A0.32%
American Healthcare Reit0.31%
Halozyme Therapeutics0.29%
Brightspring Health Services Inc0.28%
Bitmine Immersion Technologies0.28%
Ensign Group0.26%
Ryder System0.25%
Flowserve0.25%
Wintrust Financial0.25%
Southstate Bank Corp0.25%
Popular0.25%
Hecla Mining0.24%
New York Times Class A0.24%
Umb Financial0.24%
Allison Transmission Holdings0.24%
Kymera Therapeutics0.24%
Watts Water Technologies Class A0.23%
Affiliated Managers Group0.23%
Solstice Advanced Materials Inc0.23%
Brixmor Property Group Reit Inc0.23%
Littelfuse0.22%
Caretrust Reit0.22%
Ryman Hospitality Properties Reit0.22%
Life Time Group Holdings0.22%
Primerica0.22%
Brinker International Inc0.22%
Viasat Inc0.22%
Vaxcyte0.22%
Agree Realty Reit0.21%
Healthequity0.21%
Prosperity Bancshares0.21%
Columbia Banking System Inc0.21%
Spyre Therapeutics Inc0.21%
Victoria’s Secret0.21%
Protagonist Therapeutics0.21%
Tg Therapeutics0.21%
Idacorp0.21%
Hanover Insurance Group0.21%
Old National Bancorp0.21%
Oshkosh Corp0.20%
Arrowhead Pharmaceuticals0.20%
Jackson Financial Class A0.20%
Epam Systems0.20%
Rambus0.20%
Simpson Manufacturing0.20%
Krystal Biotech0.20%
Twist Bioscience0.20%
Globus Medical Class A0.20%
Ugi0.20%

Weight gaps

The 100 widest of 632 Holdings in both funds.

Holding weights in EES and SCHA, widest gap first
Holding	Gap	EES	SCHA
Venture Global Inc-Cl AVG	EES +1.21 points	1.36%	0.15%
Ringcentral Inc-Class ARNG	EES +0.87 points	0.99%	0.13%
Organon & CoOGN	EES +0.82 points	0.91%	0.09%
Matson IncMATX	EES +0.68 points	0.84%	0.16%
Harley-Davidson IncHOG	EES +0.63 points	0.71%	0.08%
Bread Financial HoldingsIncBFH	EES +0.60 points	0.70%	0.10%
Crescent Energy Inc-ACRGY	EES +0.58 points	0.67%	0.09%
BGC Group Inc-ABGC	EES +0.55 points	0.64%	0.09%
Virtu Financial Inc-Class AVIRT	EES +0.54 points	0.65%	0.11%
Levi Strauss & Co- Class ALEVI	EES +0.51 points	0.57%	0.06%
Academy Sports & Outdoors IncASO	EES +0.46 points	0.56%	0.10%
Perrigo CoPRGO	EES +0.43 points	0.48%	0.05%
Ardent Health IncARDT	EES +0.43 points	0.44%	0.01%
Northern Oil And Gas IncNOG	EES +0.42 points	0.48%	0.06%
Concentrix CorpCNXC	EES +0.39 points	0.43%	0.04%
Par Pacific Holdings IncPARR	EES +0.39 points	0.47%	0.08%
Novavax IncNVAX	EES +0.38 points	0.42%	0.04%
Sarepta Therapeutics IncSRPT	EES +0.38 points	0.43%	0.05%
Western Union Co/TheWU	EES +0.37 points	0.42%	0.05%
Cabot CorpCBT	EES +0.37 points	0.46%	0.09%
Nelnet IncNNI	EES +0.37 points	0.41%	0.04%
Garrett Motion IncGTX	EES +0.36 points	0.45%	0.09%
Stride IncLRN	EES +0.33 points	0.41%	0.08%
Five9 IncFIVN	EES +0.34 points	0.39%	0.05%
Cheesecake Factory Inc/TheCAKE	EES +0.33 points	0.45%	0.12%
Stagwell IncSTGW	EES +0.33 points	0.36%	0.03%
Euronet Worldwide IncEEFT	EES +0.33 points	0.39%	0.06%
Pitney Bowes IncPBI	EES +0.33 points	0.38%	0.05%
Integer Holdings CorpITGR	EES +0.32 points	0.43%	0.11%
Anterix IncATEX	EES +0.32 points	0.34%	0.02%
Energizer Holdings IncENR	EES +0.31 points	0.35%	0.04%
Fulton Financial CorpFULT	EES +0.31 points	0.42%	0.11%
First Bancorp/Puerto RicoFBP	EES +0.31 points	0.41%	0.10%
NMI Holdings IncNMIH	EES +0.30 points	0.37%	0.07%
Clarivate PlcCLVT	EES +0.30 points	0.32%	0.02%
Green Brick Partners IncGRBK	EES +0.30 points	0.35%	0.05%
Clear Secure Inc -Class AYOU	EES +0.30 points	0.43%	0.13%
Avient CorpAVNT	EES +0.30 points	0.40%	0.10%
Enova International IncENVA	EES +0.29 points	0.40%	0.11%
International Seaways IncINSW	EES +0.29 points	0.39%	0.10%
Upbound Group IncUPBD	EES +0.29 points	0.32%	0.03%
Griffon CorpGFF	EES +0.29 points	0.38%	0.09%
WSFS Financial CorpWSFS	EES +0.28 points	0.38%	0.10%
Cathay General BancorpCATY	EES +0.26 points	0.37%	0.11%
Columbia Sportswear CoCOLM	EES +0.26 points	0.30%	0.04%
Uniti Group IncUNIT	EES +0.26 points	0.28%	0.02%
Caredx IncCDNA	EES +0.26 points	0.36%	0.10%
Iridium Communications IncIRDM	EES +0.25 points	0.37%	0.12%
Concentra Group Holdings ParCON	EES +0.25 points	0.37%	0.12%
NCR Atleos CorpNATL	EES +0.24 points	0.33%	0.09%
Inter Parfums IncIPAR	EES +0.25 points	0.31%	0.06%
Rush Enterprises IncRUSHA	EES +0.24 points	0.36%	0.12%
Merchants Bancorp/InMBIN	EES +0.24 points	0.27%	0.03%
Siriuspoint LtdSPNT	EES +0.24 points	0.31%	0.07%
Herbalife LtdHLF	EES +0.24 points	0.28%	0.04%
Trinet Group IncTNET	EES +0.24 points	0.29%	0.05%
John Wiley & Sons IncWLY	EES +0.24 points	0.29%	0.05%
Korn FerryKFY	EES +0.22 points	0.32%	0.10%
Ibotta Inc-Cl AIBTA	EES +0.22 points	0.23%	0.01%
Sonic Automotive IncSAH	EES +0.22 points	0.24%	0.02%
Provident Financial Services IncPFS	EES +0.22 points	0.29%	0.07%
Sally Beauty Holdings IncSBH	EES +0.22 points	0.26%	0.04%
First Financial BancorpFFBC	EES +0.22 points	0.30%	0.08%
WesBanco IncWSBC	EES +0.21 points	0.30%	0.09%
Newmark Group Inc-Class ANMRK	EES +0.20 points	0.25%	0.05%
Tenable Holdings IncTENB	EES +0.21 points	0.32%	0.11%
Otter Tail CorpOTTR	EES +0.21 points	0.29%	0.08%
Central Garden and Pet CoCENTA	EES +0.21 points	0.26%	0.05%
Terex CorpTEX	EES +0.21 points	0.36%	0.15%
Nabors Industries LtdNBR	EES +0.20 points	0.23%	0.03%
Scotts Miracle-Gro Co/TheSMG	EES +0.20 points	0.27%	0.07%
Cinemark Holdings IncCNK	EES +0.20 points	0.30%	0.10%
National Beverage CorpFIZZ	EES +0.20 points	0.22%	0.02%
Visteon Corp/NewVC	EES +0.20 points	0.25%	0.05%
Pacira Pharmaceuticals Inc/DEPCRX	EES +0.19 points	0.23%	0.04%
Mednax IncMD	EES +0.20 points	0.26%	0.06%
Deluxe CorpDLX	EES +0.20 points	0.23%	0.03%
G-III Apparel Group LtdGIII	EES +0.19 points	0.22%	0.03%
Phinia IncPHIN	EES +0.19 points	0.25%	0.06%
EVERTEC IncEVTC	EES +0.19 points	0.24%	0.05%
Teradata CorpTDC	EES +0.19 points	0.26%	0.07%
Oceaneering International IncOII	EES +0.19 points	0.27%	0.08%
Horace Mann Educators CorpHMN	EES +0.19 points	0.24%	0.05%
Magnite IncMGNI	EES +0.18 points	0.28%	0.10%
First Hawaiian IncFHB	EES +0.19 points	0.26%	0.07%
Crane NXT CoCXT	EES +0.18 points	0.25%	0.07%
Penguin Solutions IncPENG	EES +0.18 points	0.23%	0.05%
First Interstate BancSystem IncFIBK	EES +0.18 points	0.26%	0.08%
Spectrum Brands Holdings IncSPB	EES +0.18 points	0.23%	0.05%
Gigacloud Technology Inc - AGCT	EES +0.18 points	0.22%	0.04%
Integra LifeSciences HoldingsIART	EES +0.18 points	0.20%	0.02%
First Merchants CorpFRME	EES +0.18 points	0.24%	0.06%
Greenbrier Cos IncGBX	EES +0.18 points	0.21%	0.03%
Century Communities IncCCS	EES +0.18 points	0.21%	0.03%
Oriental Financial Group IncOFG	EES +0.18 points	0.23%	0.05%
Cactus Inc - AWHD	EES +0.17 points	0.27%	0.10%
Amphastar Pharmaceuticals IncAMPH	EES +0.18 points	0.20%	0.02%
Ingevity CorpNGVT	EES +0.17 points	0.22%	0.05%
Wendy's/Arby's Group IncWEN	EES +0.17 points	0.20%	0.03%
Netscout Systems IncNTCT	EES +0.17 points	0.22%	0.05%

All 917 EES holdings⁠All 1,744 SCHA 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.

EES vs SCHA Cost

Overpaying EES vs SCHA

$7,068

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

EES 0.38%
$7,706
SCHA 0.03%
$638

Amount$10,000

Years30 years

Cost over time

EES 0.38%
SCHA 0.03%
Overpaying

Year by year

Year	EES	SCHA	Overpaying
10	$688	$55	$633
20	$2,658	$216	$2,442
30	$7,706	$638	$7,068

Expense ratio

0.38%EES
0.03%SCHA, cheaper

SCHA0.03%EES0.38%

0.03%0.60%

Middle half of US Small-Cap funds
Median 0.20%

SCHA cheapest of 16 funds

EES 13th cheapest of 16 funds

EES vs SCHA Dividends

Last 12 months to Nov 9, 2026

Yield (12M): EES 1.16%, better; SCHA 1.11%
Payout (12M): EES $0.77; SCHA $0.37
Last payment: EES $0.21; SCHA $0.10
Ex-dividend: EES Sep 25, 2026; SCHA Sep 23, 2026
Paid on: EES Sep 29, 2026; SCHA Sep 28, 2026
Frequency: EES Quarterly; SCHA Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

EESQuarterly · 40 paymentsAll EES payments⁠

SCHAQuarterly · 40 paymentsAll SCHA payments⁠

EES vs SCHA Risk

Fall from peak · 5 years

EES
SCHA

Risk facts

VolatilityStd dev, 3 years: EES 19.0%SCHA 18.6%, better
Return per unit of riskSharpe ratio, 3 years: EES 0.78SCHA 0.88, better
Worst fallMax drawdown, 5 years: EES −27.4%, betterSCHA −30.6%
Market sensitivityBeta, 5 years: EES 1.04SCHA 1.13; Market = 1

EES and SCHA in the news

All news⁠

Best ETFs
Best small-cap ETFs: Vanguard’s VB beats three great funds all charging just 0.03%
Updated Nov 2, 2026SCHA
Best ETFs
Schwab and Vanguard charge the same 0.03%. Their small-cap funds are 3.7 percentage points apart
Updated Oct 2, 2026SCHA

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EES vs SCHA

In short

Stated mandate

Why people hold it

Worth knowing

How EES and SCHA differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in EES

Only in SCHA

Weight gaps

Cost over time

Year by year

Distribution history

Fall from peak · 5 years

Risk facts

Best small-cap ETFs: Vanguard’s VB beats three great funds all charging just 0.03%

Schwab and Vanguard charge the same 0.03%. Their small-cap funds are 3.7 percentage points apart

How EES and SCHA differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in EES

Only in SCHA

Weight gaps