GURU vs SCHK

GURUDGlobal X Guru Index ETF

SCHKASchwab 1000 Index ETF

In short

GURU The hedge fund cloner. Since 2012, GURU has tracked an index built from hedge funds' high-conviction stock ideas, distilling them into roughly 90 US names you can own in a single ticker.

SCHK Schwab's house-built alternative to the S&P 500: the 1,000 largest US companies in one passive wrapper, reaching past the mega-caps into mid-cap turf, priced at three basis points.

Stated mandate

GURU The fund seeks to track the price and yield performance, before fees and expenses, of the Solactive Guru Index. It is designed to generate alpha over the broad market through high-conviction ideas selected from hedge funds.

SCHK The fund seeks to track the total return of the Schwab 1000 Index before fees and expenses.

Why people hold it

• GURU One ticker, an index of hedge funds' highest-conviction stock ideas. That is a genuinely different way to assemble a US equity sleeve.globalxetfs.com
• Rules-based, not vibes: it follows the Solactive Guru Index under a published methodology, so the selection process is there to read.globalxetfs.com
• Roughly 90 US stocks spread the exposure, so the portfolio is not riding one manager's single big idea.
• Launched in 2012, which gives this strategy more than a decade of real-world history to inspect rather than a backtest.

• SCHK 0.03% a year, the lowest fee among the top-scoring funds in its index-wrapper group and a small fraction of what the typical fund there charges.
• About 1,000 stocks covering roughly 90% or more of US stock market value: the S&P 500 names plus a layer of mid caps most large-blend funds skip.schwabassetmanagement.com
• Tracks its stated index tightly and stands among the strongest implementations in its peer group of plain index wrappers.
• A multi-billion-dollar fund that trades actively and pays distributions quarterly.

Worth knowing

• GURU The idea carries a price: 0.75% a year, well above the typical index wrapper near 0.45%, while plain-beta peers like SCHK and VOOV charge single-digit basis points.
• Thinly traded and modest in size, so bid-ask spreads can run wider than in giant index funds and larger orders need more care.
• It is built to look different from the broad market, so results can diverge from plain S&P 500 exposure in either direction.globalxetfs.com

• SCHK Weighted by market value, so the biggest US companies drive the bulk of results. Those extra 500 names carry less weight than the headcount suggests.schwabassetmanagement.com
• All-US, all-equity by mandate: no bonds, no foreign stocks, and it rides the full swings of the US market.
• The benchmark is Schwab's own proprietary index, so there is no rival fund on the identical yardstick for a side-by-side comparison.

Full GURU profile⁠

Full SCHK profile⁠