IVV vs SCHB: Grades, Fees and Holdings Compared

iShares Core S&P 500 ETF

IVVANYSE Arca

Schwab U.S. Broad Market ETF

SCHBANYSE Arca

Overlap

89.1%by weight

Expense ratio

IVV0.03%SCHB0.03%

Avg volume · 30D

SCHB 1.5×the volume

IVV6.02MSCHB9.19M

10Y return · a year

IVV +1.5pt

IVV+15.6%SCHB+14.1%

IVV vs SCHB Performance

Nov 3, 2021 – Nov 3, 2026

+74.1%IVV+65.7%SCHB

Expense ratio: IVV 0.03%; SCHB 0.03%
Fund size: IVV $867B; SCHB $44B
1Y total return: IVV +11.7%; SCHB +11.7%
Yield (12M): IVV 1.11%, better; SCHB 1.06%
Holdings: IVV 507; SCHB 2414
Avg volume (30D): IVV 6.02M sh; SCHB 9.19M sh, better
NAV per share: IVV $755.11; SCHB $28.93
52W range

ETF.net Grade

Pillar letters and Scores for IVV, SCHB, with each pillar’s weight
Pillar	IVV	SCHB
Cost30% weight	A84	A75
Mission25% weight	A100	A100
Risk15% weight	C51	C50
Tradability15% weight	A80	A70
Holdings10% weight	B57	A76
Durability5% weight	A86	B69

Where each fund ranks

How we build Categories ›

Different Categories. Their Grades do not compare head to head.

S&P 500⁠

Category · 14 funds

See all 14 ›

IVV ranks 2nd of 14 funds in the S&P 500 Category.

Rank 1ASPYMState Street SPDR Portfolio S&P 500 ETFScore 82
Rank 2AIVViShares Core S&P 500 ETFScore 79
Rank 3AVOOVanguard S&P 500 ETFScore 74

Total US Market⁠

Category · 10 funds

See all 10 ›

SCHB ranks 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

IVVAiShares Core S&P 500 ETF

SCHBASchwab U.S. Broad Market ETF

In short

IVV The 2000-vintage iShares take on the S&P 500, now a $100B-plus cornerstone holding: roughly 500 large US companies, 0.03% a year, and tracking that stays tight to the index.

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

IVV The fund seeks to track the investment results of an index made up of large-capitalization U.S. equities.

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

IVV Costs 0.03% a year, a fraction of the typical fee among S&P 500 trackers, and undercuts the category's founding fund (SPY, 0.09%) on the same index.
Tracking is the whole job, and it does it about as tightly as this peer group gets: roughly 500 large US companies, no manager discretion bolted on.
A $100B-plus fund that trades heavily all session, which is what keeps bid-ask spreads thin for retail-sized orders and institutional blocks alike.
Running since 2000 as a registered open-end fund, with quarterly distributions and one of the longest live records in the S&P 500 aisle.ishares.com

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

IVV Pure US large cap. No mid caps, no small caps, nothing overseas, so it works as one slab of a portfolio rather than the whole thing.
It rides the index in both directions: when the S&P 500 has an ugly year, this has the same ugly year, minus the fee.
A near-identical rival shaves a basis point (SPYM at 0.02%). On $10,000 that gap is about a dollar a year, so structure and trading habits matter more.

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 IVV profile⁠

Full SCHB profile⁠

IVV vs SCHB Holdings

How IVV and SCHB differ

Overlap by weight

89.1%

Shared holdings make up 99.8% of IVV and 89.1% of SCHB.

Level by level

Holdings500 in both89.1%
Sector11 Sectors98.2%
Asset classEquity100%
Countryby domicile99.9%

Sector

Sector weights in IVV and SCHB, widest gap first
Sector	Gap	IVV	SCHB
Industrials	SCHB +0.9 points	8.0%	8.9%
Consumer Staples	IVV +0.5 points	4.7%	4.2%
Technology	IVV +0.5 points	38.6%	38.1%
Real Estate	SCHB +0.4 points	1.7%	2.1%
Consumer Discretionary	IVV +0.3 points	9.0%	8.7%
Communication	SCHB +0.3 points	8.9%	9.2%
Financials	IVV +0.2 points	11.8%	11.6%
Health Care	SCHB +0.2 points	9.8%	10.0%
Energy	IVV +0.2 points	3.7%	3.5%
Materials	SCHB +0.1 points	1.7%	1.8%
Utilities	IVV +0.1 points	2.0%	1.9%

Country, concentration and asset class

Country by domicile

Country weights in IVV and SCHB, widest gap first
Country	Gap	IVV	SCHB
United States	IVV +0.2 points	99.5%	99.4%
Switzerland	Same weight	0.3%	0.3%
United Kingdom	SCHB +0.1 points	0.0%	0.1%
China	Same weight	0.1%	0.1%
Mexico	SCHB +0.1 points	0.0%	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

IVV37.3%
SCHB33.1%

Securities held

IVV504
SCHB2,412

Asset class

IVV: Equity
SCHB: Equity

Holdings

Only in IVV4
In both500
Only in SCHB1,912

Only in IVV

4 securities, 0.1% of IVV by weight

Kenvue0.06%
Fox Class B0.01%
News Class B<0.01%
Hologic Inc0.00%

Only in SCHB

1,912 securities, 10.8% of SCHB by weight

Space Exploration Technologies Cor0.26%
Snowflake0.14%
Cloudflare Class A0.12%
Cheniere Energy0.09%
Natera0.07%
Strategy Inc Class A0.07%
Revolution Medicines0.05%
Ssc Government Mm Gvmxx0.05%
Astera Labs0.05%
Sunbelt Rentals Holdings Inc0.05%
Heico0.04%
Okta Class A0.04%
Atlassian Corp Class A0.04%
Royalty Pharma PLC Class A0.04%
Roblox Class A0.04%
Rocket Lab Corp0.04%
Mongodb Class A0.04%
Technipfmc PLC0.04%
United Therapeutics0.04%
Zoom Communications Class A0.03%
Insmed0.03%
Credo Technology Group Holding Ltd0.03%
Ati0.03%
Zscaler0.03%
Markel Group0.03%
Lpl Financial Holdings0.03%
Entegris Inc0.03%
Liberty Media Series C0.03%
Reliance0.03%
Us Foods Holding0.03%
Guardant Health0.03%
Xpo0.03%
Amrize AG0.03%
Affirm Holdings Class A0.03%
Tenet Healthcare Corp0.03%
Sofi Technologies0.03%
Alnylam Pharmaceuticals0.03%
First Citizens Bancshares Class A0.03%
Roku Class A0.03%
Permian Resources Class A0.03%
Ftai Aviation0.03%
Nvent Electric PLC0.03%
Coupang Class A0.03%
Royal Gold0.03%
Roivant Sciences Ltd0.03%
Coreweave Class A0.03%
Woodward0.03%
Ovintiv0.03%
Rubrik Class A0.03%
East West Bancorp0.03%

Weight gaps

The 100 widest of 500 Holdings in both funds.

Holding weights in IVV and SCHB, widest gap first
Holding	Gap	IVV	SCHB
AppleAAPL	IVV +0.92 points	7.70%	6.78%
NVIDIANVDA	IVV +0.87 points	7.58%	6.71%
MicrosoftMSFT	IVV +0.76 points	5.93%	5.17%
Amazon.com IncAMZN	IVV +0.30 points	3.61%	3.31%
Broadcom IncAVGO	IVV +0.26 points	2.37%	2.10%
Alphabet Class AGOOGL	IVV +0.26 points	2.51%	2.25%
Meta Platforms Class AMETA	IVV +0.24 points	2.08%	1.84%
Micron TechnologyMU	IVV +0.24 points	1.53%	1.29%
Advanced Micro DevicesAMD	IVV +0.21 points	1.26%	1.05%
Alphabet Class CGOOG	IVV +0.21 points	2.02%	1.81%
Eli LillyLLY	IVV +0.19 points	1.74%	1.55%
Exxonmobil Holdings CorpXOM	IVV +0.17 points	1.18%	1.01%
Tesla IncTSLA	IVV +0.16 points	1.72%	1.56%
JPMorgan Chase & CoJPM	IVV +0.13 points	1.37%	1.24%
Berkshire Hathaway Inc Class BBRK.B	IVV +0.13 points	1.55%	1.42%
Johnson & JohnsonJNJ	IVV +0.12 points	1.01%	0.89%
AbbVieABBV	IVV +0.10 points	0.80%	0.70%
ChevronCVX	IVV +0.09 points	0.71%	0.62%
Intel CorporationINTC	IVV +0.09 points	0.50%	0.41%
Palantir Technologies Class APLTR	IVV +0.09 points	0.65%	0.56%
Visa Class AV	IVV +0.08 points	1.08%	1.00%
Cisco Systems IncCSCO	IVV +0.08 points	0.63%	0.55%
Lam ResearchLRCX	IVV +0.07 points	0.46%	0.39%
Applied Material IncAMAT	IVV +0.06 points	0.47%	0.41%
UnitedHealth GroupUNH	IVV +0.07 points	0.56%	0.49%
Palo Alto NetworksPANW	IVV +0.07 points	0.46%	0.39%
OracleORCL	IVV +0.07 points	0.35%	0.28%
Merck & Co IncMRK	IVV +0.06 points	0.56%	0.50%
WalmartWMT	IVV +0.06 points	0.84%	0.78%
Mastercard Class AMA	IVV +0.06 points	0.79%	0.73%
Marvell TechnologyMRVL	IVV +0.05 points	0.26%	0.21%
Bank of AmericaBAC	IVV +0.06 points	0.50%	0.44%
Costco Wholesale CorpCOST	IVV +0.06 points	0.69%	0.63%
Procter & GamblePG	IVV +0.05 points	0.57%	0.52%
Crowdstrike Holdings Class ACRWD	IVV +0.05 points	0.39%	0.34%
Philip Morris InternationalPM	IVV +0.05 points	0.50%	0.45%
Caterpillar IncCAT	IVV +0.05 points	0.44%	0.39%
Coca-ColaKO	IVV +0.05 points	0.56%	0.51%
Thermo Fisher ScientificTMO	IVV +0.04 points	0.39%	0.35%
International Business Machines CoIBM	IVV +0.04 points	0.37%	0.33%
Texas InstrumentTXN	IVV +0.04 points	0.42%	0.38%
SandiskSNDK	IVV +0.04 points	0.26%	0.22%
ConocophillipsCOP	IVV +0.04 points	0.28%	0.24%
KlaKLAC	IVV +0.05 points	0.32%	0.27%
Amgen IncAMGN	IVV +0.04 points	0.39%	0.35%
Goldman Sachs GroupGS	IVV +0.04 points	0.40%	0.36%
NetflixNFLX	IVV +0.04 points	0.40%	0.36%
Seagate Technology Holdings PLCSTX	IVV +0.04 points	0.22%	0.18%
RtxRTX	IVV +0.03 points	0.41%	0.38%
Kimberly ClarkKMB	SCHB +0.04 points	0.05%	0.09%
Home DepotHD	IVV +0.03 points	0.50%	0.47%
Analog DevicesADI	IVV +0.03 points	0.31%	0.28%
Arista NetworksANET	IVV +0.03 points	0.27%	0.24%
Western Digital CorpWDC	IVV +0.03 points	0.20%	0.17%
Ge VernovaGEV	IVV +0.03 points	0.35%	0.32%
Linde PLCLIN	IVV +0.03 points	0.36%	0.33%
Gilead SciencesGILD	IVV +0.03 points	0.32%	0.29%
Dell Technologies Inc Class CDELL	IVV +0.04 points	0.20%	0.16%
SalesforceCRM	IVV +0.04 points	0.29%	0.25%
Morgan StanleyMS	IVV +0.04 points	0.34%	0.30%
QualcommQCOM	IVV +0.03 points	0.27%	0.24%
Lumentum HoldingsLITE	IVV +0.03 points	0.11%	0.08%
CitigroupC	IVV +0.03 points	0.31%	0.28%
DeereDE	IVV +0.03 points	0.26%	0.23%
Wells FargoWFC	IVV +0.03 points	0.39%	0.36%
Ge AerospaceGE	IVV +0.03 points	0.48%	0.45%
Amphenol Corp Class AAPH	IVV +0.03 points	0.30%	0.27%
Verizon Communications IncVZ	IVV +0.02 points	0.28%	0.26%
DanaherDHR	IVV +0.02 points	0.22%	0.20%
Union PacificUNP	IVV +0.03 points	0.28%	0.25%
PfizerPFE	IVV +0.03 points	0.27%	0.24%
Marathon PetroleumMPC	IVV +0.02 points	0.19%	0.17%
Valero Energy CorpVLO	IVV +0.03 points	0.18%	0.15%
Walt DisneyDIS	IVV +0.02 points	0.29%	0.27%
Eaton PLCETN	IVV +0.02 points	0.22%	0.20%
Vertex PharmaceuticalsVRTX	IVV +0.03 points	0.22%	0.19%
PepsicoPEP	IVV +0.03 points	0.29%	0.26%
Nextera EnergyNEE	IVV +0.03 points	0.27%	0.24%
TjxTJX	IVV +0.03 points	0.24%	0.21%
AT&TT	IVV +0.02 points	0.22%	0.20%
Accenture PLC Class AACN	IVV +0.02 points	0.24%	0.22%
WelltowerWELL	IVV +0.02 points	0.26%	0.24%
Charles SchwabSCHW	IVV +0.02 points	0.22%	0.20%
BlackRockBLK	IVV +0.02 points	0.25%	0.23%
Phillips 66PSX	IVV +0.02 points	0.17%	0.15%
Altria Group IncMO	IVV +0.02 points	0.20%	0.18%
Intuitive SurgicalISRG	IVV +0.02 points	0.23%	0.21%
FortinetFTNT	IVV +0.02 points	0.13%	0.11%
Datadog Inc Class ADDOG	IVV +0.02 points	0.12%	0.10%
Cvs HealthCVS	IVV +0.02 points	0.18%	0.16%
Mcdonalds CorpMCD	IVV +0.02 points	0.28%	0.26%
American ExpressAXP	IVV +0.02 points	0.26%	0.24%
Abbott LaboratoriesABT	IVV +0.02 points	0.28%	0.26%
WilliamsWMB	IVV +0.02 points	0.14%	0.12%
ProgressivePGR	IVV +0.02 points	0.21%	0.19%
Lockheed MartinLMT	IVV +0.02 points	0.20%	0.18%
Eog ResourcesEOG	IVV +0.02 points	0.13%	0.11%
Vertiv Holdings Class AVRT	IVV +0.02 points	0.14%	0.12%
Bristol Myers SquibbBMY	IVV +0.02 points	0.20%	0.18%
S&P GlobalSPGI	IVV +0.02 points	0.22%	0.20%

All 505 IVV 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.

IVV vs SCHB Cost

Same expense ratio

$638

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

IVV 0.03%
$638
SCHB 0.03%
$638

Amount$10,000

Years30 years

Cost over time

IVV 0.03%
SCHB 0.03%

Year by year

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

Expense ratio

0.03%IVV
0.03%SCHB

Different Categories, so each fee sits in its own Category’s range.

IVV among 14 S&P 500 funds

IVV0.03%

0.02%0.45%

Middle half of S&P 500 funds
Median 0.09%

IVV 2nd cheapest of 14 funds

SCHB among 10 Total US Market funds

SCHB0.03%

0.02%0.25%

Middle half of Total US Market funds
Median 0.04%

SCHB 2nd cheapest of 10 funds

IVV vs SCHB Dividends

Last 12 months to Nov 3, 2026

Yield (12M): IVV 1.11%, better; SCHB 1.06%
Payout (12M): IVV $8.40; SCHB $0.31
Last payment: IVV $2.20; SCHB $0.08
Ex-dividend: IVV Sep 15, 2026; SCHB Sep 23, 2026
Paid on: IVV Sep 18, 2026; SCHB Sep 28, 2026
Frequency: IVV Quarterly; SCHB Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

IVVQuarterly · 40 paymentsAll IVV payments⁠

SCHBQuarterly · 24 paymentsAll SCHB payments⁠

IVV vs SCHB Risk

Fall from peak · 5 years

IVV
SCHB

Risk facts

VolatilityStd dev, 3 years: IVV 12.3%, betterSCHB 12.7%
Return per unit of riskSharpe ratio, 3 years: IVV 1.42, betterSCHB 1.36
Worst fallMax drawdown, 5 years: IVV −24.5%, betterSCHB −25.4%
Market sensitivityBeta, 5 years: IVV 1.00SCHB 1.03; Market = 1

IVV 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, 2026IVVSCHB
New ETFs
C.J. Lawrence's new 0.75% ETF hedges a band J.P. Morgan already covers at 0.50%
Nov 2, 2026IVV
Deep Dive
SPY vs. SPYM, VOO, and IVV: Why SPY trails cheaper S&P 500 ETFs
Oct 29, 2026IVV
Head-to-Head
VOO and IVV own the same S&P 500 stocks at the same fee
Oct 23, 2026IVV
Deep Dive
VTI tracks the total U.S. stock market - large caps are 69.8% of it
Oct 22, 2026SCHB
Head-to-Head
Own iShares Core S&P 500 ETF, IVV, unless you want the heavier growth bet in Vanguard Morningstar Growth ETF, VUG
Oct 16, 2026IVV

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