ITOT vs SCHB: Grades, Fees and Holdings Compared

iShares Core S&P Total U.S. Stock Market ETF

ITOTANYSE Arca

Schwab U.S. Broad Market ETF

SCHBANYSE Arca

Overlap

98.4%by weight

Expense ratio

ITOT0.03%SCHB0.03%

Avg volume · 30D

SCHB 6.1×the volume

ITOT1.5MSCHB9.19M

10Y return · a year

ITOT +0.9pt

ITOT+15.0%SCHB+14.1%

ITOT vs SCHB Performance

Nov 3, 2021 – Nov 3, 2026

+65.4%ITOT+65.7%SCHB

Expense ratio: ITOT 0.03%; SCHB 0.03%
Fund size: ITOT $95.1B; SCHB $44B
1Y total return: ITOT +11.6%; SCHB +11.7%, better
Yield (12M): ITOT 1.02%; SCHB 1.06%, better
Holdings: ITOT 2431; SCHB 2414
Avg volume (30D): ITOT 1.5M sh; SCHB 9.19M sh, better
NAV per share: ITOT $164.10; SCHB $28.93
52W range

ETF.net Grade

Pillar letters and Scores for ITOT, SCHB, with each pillar’s weight
Pillar	ITOT	SCHB
Cost30% weight	A75	A75
Mission25% weight	A100	A100
Risk15% weight	C50	C50
Tradability15% weight	A83Higher	A70
Holdings10% weight	A74	A76Higher
Durability5% weight	A80Higher	B69

Rank among Total US Market funds

How we build Categories ›

Same Category. ITOT 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 ›

ITOT ranks 1st and SCHB 2nd 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

Our read on each fund

ETF.net Research

ITOTAiShares Core S&P Total U.S. Stock Market ETF

SCHBASchwab U.S. Broad Market ETF

In short

ITOT The S&P family's answer to total-market indexing: large, mid and small U.S. stocks in one 0.03% wrapper, running since 2004. Same fee as the Vanguard and Schwab giants, a different index rulebook.

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

ITOT The fund seeks to track the performance of the S&P Composite 1500, representing U.S. stocks across market capitalizations.

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

ITOT 0.03% a year, matching the category's biggest names (VTI, SCHB) and sitting below what the typical fund in this group charges.
One index, no tilts: U.S. stocks across market caps in cap-weight order. The mandate it prints is the mandate it runs.
Trading since 2004 and now a multi-billion-dollar fund with active daily volume, so spreads are rarely the story.
Plain 1940 Act fund structure, cash paid out 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

ITOT Cap weighting puts the megacaps in the driver's seat; the long tail of smaller names is a thin slice of the basket.
SPTM tracks the same declared index at the same 0.03% fee, so the pick comes down to platform, spreads and existing tax lots.
All-equity and all-U.S. by design: no bonds, no foreign stocks in the wrapper.

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 ITOT profile⁠

Full SCHB profile⁠

ITOT vs SCHB Holdings

How ITOT and SCHB differ

Overlap by weight

98.4%

Shared holdings make up 99.8% of SCHB and 99.5% of ITOT.

Level by level

Sector11 Sectors97.7%
Holdings2,260 in both98.4%
Asset classEquity100%
Countryby domicile100%

Sector

Sector weights in ITOT and SCHB, widest gap first
Sector	Gap	ITOT	SCHB
Technology	SCHB +1.6 points	36.5%	38.1%
Communication	SCHB +0.6 points	8.6%	9.2%
Financials	ITOT +0.6 points	12.2%	11.6%
Health Care	ITOT +0.3 points	10.3%	10.0%
Energy	ITOT +0.4 points	3.9%	3.5%
Consumer Staples	ITOT +0.3 points	4.5%	4.2%
Consumer Discretionary	ITOT +0.2 points	8.9%	8.7%
Industrials	ITOT +0.1 points	9.0%	8.9%
Materials	ITOT +0.2 points	2.0%	1.8%
Utilities	ITOT +0.1 points	2.0%	1.9%
Real Estate	Same weight	2.1%	2.1%

Country, concentration and asset class

Country by domicile

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

ITOT33.2%
SCHB33.1%

Securities held

ITOT2,427
SCHB2,412

Asset class

ITOT: Equity
SCHB: Equity

Holdings

Only in ITOT167
In both2,260
Only in SCHB152

Only in ITOT

167 securities, 0.2% of ITOT by weight

Kenvue0.05%
Heico Class A0.03%
Moog Inc Class A0.01%
Fox Class B0.01%
U Haul Non Voting Series N<0.01%
Kilroy Realty Reit<0.01%
Indivior Pharmaceuticals Inc<0.01%
Lxp Industrial Trust<0.01%
News Class B<0.01%
Cbiz<0.01%
Liberty Media Series A<0.01%
Liveramp Holdings Inc<0.01%
Howard Hughes Holdings Inc<0.01%
Liberty Live Holdings Inc Series A<0.01%
Lennar Class B<0.01%
Brown Forman Class A<0.01%
Innovative Industrial Properties I<0.01%
Shore Bancshares Inc<0.01%
Rush Enterprises Class B<0.01%
Ponce Financial Group Inc<0.01%
Zillow Group Class A<0.01%
Colony Bankcorp Inc<0.01%
Verastem Inc<0.01%
Carter Bankshares Inc<0.01%
Easterly Government Properties Inc<0.01%
American Assets Trust Reit<0.01%
Liberty Global Ltd Class A<0.01%
Pcb Bancorp<0.01%
Northeast Community Bancorp Inc<0.01%
Bar Harbor Bankshares<0.01%
Greif Inc Class B<0.01%
Red River Bancshares Inc<0.01%
Bridgewater Bancshares Inc<0.01%
Postal Realty Trust Class A<0.01%
Cb Financial Services Inc<0.01%
Under Armour Inc Class C<0.01%
Aura Biosciences<0.01%
Luxfer Holdings PLC<0.01%
Baycom Corp<0.01%
First Western Financial Inc<0.01%
Bank of Marin Bancorp<0.01%
Driven Brands Holdings<0.01%
Sagimet Biosciences Series A<0.01%
Princeton Bancorp Inc<0.01%
Achieve Life Sciences<0.01%
The Marcus Corp<0.01%
Alico Inc<0.01%
Norwood Financial Corp<0.01%
Matthews International Corp Class<0.01%
Ovid Therapeutics<0.01%

Only in SCHB

152 securities, 0.1% of SCHB by weight

Ssc Government Mm Gvmxx0.05%
Moog Inc Class A0.01%
U Haul Non Voting Series N<0.01%
Pitney Bowes<0.01%
Preferred Bank<0.01%
Central Pacific Financial Corp<0.01%
Smithfield Foods<0.01%
Hanmi Financial Corp<0.01%
Metrocity Bankshares Inc<0.01%
Hbt Financial Inc<0.01%
Five Star Bancorp<0.01%
Ibotta Class A<0.01%
Sempreon Inc<0.01%
Hagerty Inc Class A<0.01%
Bioventus Class A<0.01%
Lincoln International Inc Class A<0.01%
Mccormick & Co Voting<0.01%
Ceribell<0.01%
Suncrete Inc Class A<0.01%
Fulgent Genetics<0.01%
Northpointe Bancshares Inc<0.01%
Braveheart Bio<0.01%
Avalyn Pharma Inc<0.01%
Mediaalpha Class A<0.01%
Virgin Galactic Holdings Inc Shs C<0.01%
Alamar Biosciences Inc<0.01%
Applied Aerospace and Defense Inc<0.01%
Bitgo Holdings Inc Class A<0.01%
Republic Airways Holdings<0.01%
Embecta<0.01%
Design Therapeutics<0.01%
Yesway Inc Class A<0.01%
Jefferson Capital Inc<0.01%
Black Rock Coffee Bar Class A<0.01%
Build A Bear Workshop<0.01%
Newsmax Class B<0.01%
Reformation<0.01%
Editas Medicine<0.01%
Exzeo Group Inc<0.01%
Orchestra Biomed Holdings Inc<0.01%
Karat Packaging Inc<0.01%
Taskus Inc Class A<0.01%
Kardigan Inc<0.01%
Genesco Inc<0.01%
Generate Biomedicines Inc<0.01%
Arcturus Therapeutics Holdings Inc<0.01%
Odyssey Therapeutics Inc<0.01%
Bobs Discount Furniture Inc<0.01%
Contineum Therapeutics Class A<0.01%
Climb Bio Inc<0.01%

Weight gaps

The 100 widest of 2,260 Holdings in both funds.

Holding weights in ITOT and SCHB, widest gap first
Holding	Gap	ITOT	SCHB
MicrosoftMSFT	ITOT +0.11 points	5.28%	5.17%
Amazon.com IncAMZN	SCHB +0.10 points	3.21%	3.31%
Advanced Micro DevicesAMD	ITOT +0.07 points	1.12%	1.05%
AppleAAPL	ITOT +0.07 points	6.85%	6.78%
Micron TechnologyMU	ITOT +0.07 points	1.36%	1.29%
Kimberly ClarkKMB	SCHB +0.04 points	0.05%	0.09%
Berkshire Hathaway Inc Class BBRK.B	SCHB +0.04 points	1.38%	1.42%
Intel CorporationINTC	ITOT +0.04 points	0.45%	0.41%
Visa Class AV	SCHB +0.04 points	0.96%	1.00%
Exxonmobil Holdings CorpXOM	ITOT +0.04 points	1.05%	1.01%
NVIDIANVDA	ITOT +0.04 points	6.75%	6.71%
WalmartWMT	SCHB +0.03 points	0.75%	0.78%
HeicoHEI	SCHB +0.02 points	0.02%	0.04%
Marvell TechnologyMRVL	ITOT +0.02 points	0.23%	0.21%
Tesla IncTSLA	SCHB +0.03 points	1.53%	1.56%
Mastercard Class AMA	SCHB +0.03 points	0.70%	0.73%
OracleORCL	ITOT +0.03 points	0.31%	0.28%
Ge AerospaceGE	SCHB +0.02 points	0.43%	0.45%
Costco Wholesale CorpCOST	SCHB +0.02 points	0.61%	0.63%
JPMorgan Chase & CoJPM	SCHB +0.02 points	1.22%	1.24%
Home DepotHD	SCHB +0.02 points	0.45%	0.47%
Lumentum HoldingsLITE	ITOT +0.02 points	0.10%	0.08%
Lam ResearchLRCX	ITOT +0.02 points	0.41%	0.39%
ChevronCVX	ITOT +0.01 points	0.63%	0.62%
Seagate Technology Holdings PLCSTX	ITOT +0.02 points	0.20%	0.18%
Applied Material IncAMAT	ITOT +0.01 points	0.42%	0.41%
Wells FargoWFC	SCHB +0.02 points	0.34%	0.36%
Palantir Technologies Class APLTR	ITOT +0.02 points	0.58%	0.56%
Idexx LaboratoriesIDXX	SCHB +0.01 points	0.06%	0.07%
SandiskSNDK	ITOT +0.01 points	0.23%	0.22%
Coca-ColaKO	SCHB +0.01 points	0.50%	0.51%
Alphabet Class AGOOGL	SCHB +0.01 points	2.24%	2.25%
Western Digital CorpWDC	ITOT +0.01 points	0.18%	0.17%
Palo Alto NetworksPANW	ITOT +0.02 points	0.41%	0.39%
Dell Technologies Inc Class CDELL	ITOT +0.01 points	0.17%	0.16%
Fox Class AFOXA	SCHB +0.01 points	0.02%	0.03%
Abbott LaboratoriesABT	SCHB +0.01 points	0.25%	0.26%
Cisco Systems IncCSCO	ITOT +0.01 points	0.56%	0.55%
Alphabet Class CGOOG	SCHB +0.01 points	1.80%	1.81%
Meta Platforms Class AMETA	ITOT +0.01 points	1.85%	1.84%
Mcdonalds CorpMCD	SCHB +0.01 points	0.25%	0.26%
Procter & GamblePG	SCHB +0.01 points	0.51%	0.52%
ConocophillipsCOP	ITOT +0.01 points	0.25%	0.24%
Crowdstrike Holdings Class ACRWD	ITOT +0.01 points	0.35%	0.34%
StrykerSYK	SCHB +0.01 points	0.14%	0.15%
RtxRTX	SCHB +0.01 points	0.37%	0.38%
American ExpressAXP	SCHB +0.01 points	0.23%	0.24%
PepsicoPEP	SCHB +0.01 points	0.25%	0.26%
Howmet AerospaceHWM	SCHB +0.01 points	0.11%	0.12%
Broadcom IncAVGO	Same weight	2.11%	2.10%
AbbVieABBV	ITOT +0.01 points	0.71%	0.70%
Lowes Companies IncLOW	SCHB +0.01 points	0.16%	0.17%
Datadog Inc Class ADDOG	ITOT +0.01 points	0.11%	0.10%
Sherwin WilliamsSHW	SCHB +0.01 points	0.10%	0.11%
Walt DisneyDIS	SCHB +0.01 points	0.26%	0.27%
FortinetFTNT	Same weight	0.11%	0.11%
Booking HoldingsBKNG	SCHB +0.01 points	0.15%	0.16%
Linde PLCLIN	SCHB +0.01 points	0.32%	0.33%
Capital One Financial CorpCOF	SCHB +0.01 points	0.17%	0.18%
CienaCIEN	Same weight	0.06%	0.06%
NateraNTRA	Same weight	0.08%	0.07%
WelltowerWELL	SCHB +0.01 points	0.23%	0.24%
Doordash Class ADASH	SCHB +0.01 points	0.09%	0.10%
SnowflakeSNOW	Same weight	0.14%	0.14%
Hewlett Packard EnterpriseHPE	ITOT +0.01 points	0.10%	0.09%
KlaKLAC	ITOT +0.01 points	0.28%	0.27%
Valero Energy CorpVLO	ITOT +0.01 points	0.16%	0.15%
Marriott International Class AMAR	Same weight	0.12%	0.12%
Parker-HannifinPH	SCHB +0.01 points	0.15%	0.16%
Transdigm GroupTDG	Same weight	0.09%	0.09%
Crh Public Limited PLCCRH	SCHB +0.01 points	0.08%	0.09%
BoeingBA	SCHB +0.01 points	0.18%	0.19%
Supernus PharmaceuticalsSUPN	SCHB +0.01 points	<0.01%	<0.01%
Astera LabsALAB	ITOT +0.01 points	0.06%	0.05%
Space Exploration Technologies CorSPCX	SCHB +0.01 points	0.25%	0.26%
Uber TechnologiesUBER	SCHB +0.01 points	0.18%	0.19%
Cloudflare Class ANET	Same weight	0.12%	0.12%
Everpure Inc Class AP	ITOT +0.01 points	0.06%	0.05%
Boston ScientificBSX	SCHB +0.01 points	0.08%	0.09%
Royal Caribbean GroupRCL	SCHB +0.01 points	0.10%	0.11%
Eli LillyLLY	SCHB +0.01 points	1.54%	1.55%
News Class ANWSA	SCHB +0.01 points	0.01%	0.02%
BlackRockBLK	Same weight	0.23%	0.23%
Targa ResourcesTRGP	Same weight	0.09%	0.09%
Nextera EnergyNEE	Same weight	0.24%	0.24%
S&P GlobalSPGI	SCHB +0.01 points	0.19%	0.20%
IntuitINTU	Same weight	0.13%	0.13%
Illinois Tool IncITW	Same weight	0.10%	0.10%
Okta Class AOKTA	ITOT +0.01 points	0.05%	0.04%
NewmontNEM	SCHB +0.01 points	0.15%	0.16%
Arista NetworksANET	Same weight	0.24%	0.24%
Regeneron PharmaceuticalsREGN	SCHB +0.01 points	0.12%	0.13%
Airbnb Class AABNB	SCHB +0.01 points	0.09%	0.10%
Texas InstrumentTXN	SCHB +0.01 points	0.37%	0.38%
Marathon PetroleumMPC	Same weight	0.17%	0.17%
Carvana Class ACVNA	Same weight	0.07%	0.07%
Devon EnergyDVN	ITOT +0.01 points	0.08%	0.07%
Morgan StanleyMS	Same weight	0.30%	0.30%
Cheniere EnergyLNG	Same weight	0.09%	0.09%
Thermo Fisher ScientificTMO	Same weight	0.35%	0.35%

All 2,441 ITOT 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.

ITOT vs SCHB Cost

Same expense ratio

$638

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

ITOT 0.03%
$638
SCHB 0.03%
$638

Amount$10,000

Years30 years

Cost over time

ITOT 0.03%
SCHB 0.03%

Year by year

Year	ITOT	SCHB
10	$55	$55
20	$216	$216
30	$638	$638

Expense ratio

0.03%ITOT
0.03%SCHB

ITOT0.03%SCHB0.03%

0.02%0.25%

Middle half of Total US Market funds
Median 0.04%

ITOT 2nd cheapest of 10 funds

SCHB 2nd cheapest of 10 funds

ITOT vs SCHB Dividends

Last 12 months to Nov 3, 2026

Yield (12M): ITOT 1.02%; SCHB 1.06%, better
Payout (12M): ITOT $1.69; SCHB $0.31
Last payment: ITOT $0.45; SCHB $0.08
Ex-dividend: ITOT Sep 15, 2026; SCHB Sep 23, 2026
Paid on: ITOT Sep 18, 2026; SCHB Sep 28, 2026
Frequency: ITOT Quarterly; SCHB Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

ITOTQuarterly · 40 paymentsAll ITOT payments⁠

SCHBQuarterly · 24 paymentsAll SCHB payments⁠

ITOT vs SCHB Risk

Fall from peak · 5 years

ITOT
SCHB

Risk facts

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

ITOT and SCHB in the news

All news⁠

Best ETFs
The best S&P 500 ETF costs 0.02%. Equal weight is a different bet
Updated Nov 2, 2026ITOTSCHB
Head-to-Head
ITOT is the better U.S. stock fund than DFAC
Oct 26, 2026ITOT
Deep Dive
VTI tracks the total U.S. stock market - large caps are 69.8% of it
Oct 22, 2026SCHB
Best ETFs
The cheap S&P 500 funds tied this year. Equal weight did not.
Updated Oct 2, 2026ITOT

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ITOT vs SCHB

In short

Stated mandate

Why people hold it