IYY vs SCHB: Grades, Fees and Holdings Compared

iShares Dow Jones U.S. ETF

IYYCNYSE Arca

Schwab U.S. Broad Market ETF

SCHBANYSE Arca

Overlap

95.2%by weight

Expense ratio

SCHB −0.17pt a year

IYY0.20%SCHB0.03%

Avg volume · 30D

SCHB 395.3×the volume

IYY22.8KSCHB9.03M

10Y return · a year

IYY +1.0pt

IYY+14.9%SCHB+13.9%

IYY vs SCHB Performance

Oct 29, 2021 – Oct 30, 2026

+69.3%IYY+68.3%SCHB

Expense ratio: IYY 0.20%; SCHB 0.03%, better
Fund size: IYY $2.96B; SCHB $44.2B
1Y total return: IYY +11.7%; SCHB +11.9%, better
Yield (12M): IYY 0.88%; SCHB 1.06%, better
Holdings: IYY 945; SCHB 2382
Avg volume (30D): IYY 22.8K sh; SCHB 9.03M sh, better
NAV per share: IYY $183.71; SCHB $29.06
52W range

ETF.net Grade

Pillar letters and Scores for IYY, SCHB, with each pillar’s weight
Pillar	IYY	SCHB
Cost30% weight	D29	A75Higher
Mission25% weight	A100	A100
Risk15% weight	C50	C50
Tradability15% weight	D37	A70Higher
Holdings10% weight	C49	A76Higher
Durability5% weight	C46	B69Higher

Rank among Total US Market funds

How we build Categories ›

Same Category. IYY 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 IYY 9th 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 7BVTHRVanguard Russell 3000 ETFScore 60
Rank 9CIYYiShares Dow Jones U.S. ETFScore 53
Rank 10CFNDBSchwab Fundamental U.S. Broad Market Index ETFScore 48

Our read on each fund

ETF.net Research

IYYCiShares Dow Jones U.S. ETF

SCHBASchwab U.S. Broad Market ETF

In short

IYY A 2000-vintage broad US equity fund, IYY packs roughly a thousand large- and mid-cap names into one ticker and hugs its index tightly. The trade-off: it charges several times what today's cheapest total-market wrappers do.

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

IYY The fund seeks to track the investment results of a broad-based index composed of U.S. equities, providing broad exposure to U.S. large- and mid-cap stocks.

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

IYY Roughly a thousand large- and mid-cap US stocks in one line item, the whole domestic blue-chip and mid-tier field without picking names.ishares.com
Tracking is the strong suit here: it follows the Dow Jones U.S. Index with very little drift, among the tightest implementations in the total-market group.
Launched in 2000, one of the older broad-market ETFs still trading, with a record spanning several full market cycles.
A multi-billion-dollar iShares fund that pays 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

IYY The 0.20% annual fee is the sticking point: VTI, ITOT and SCHB deliver comparable total-market exposure at 0.03%.
Thinly traded next to the category's giants, so spreads and limit orders matter more, especially on larger tickets.
The mandate targets large and mid caps, so the small-cap end of the US market sits outside the index.ishares.com

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 IYY profile⁠

Full SCHB profile⁠

IYY vs SCHB Holdings

How IYY and SCHB differ

Overlap by weight

95.2%

Shared holdings make up 99.7% of IYY and 95.7% of SCHB.

Level by level

Holdings922 in both95.2%
Sector11 Sectors98.4%
Asset classEquity100%
Countryby domicile100%

Sector

Sector weights in IYY and SCHB, widest gap first
Sector	More in IYYMore in SCHB	IYY	SCHB
Technology	IYY +1.3 points	39.4%	38.1%
Health Care	SCHB +0.6 points	9.4%	10.0%
Industrials	SCHB +0.5 points	8.4%	8.9%
Communication	IYY +0.3 points	9.5%	9.2%
Financials	SCHB +0.3 points	11.3%	11.6%
Real Estate	SCHB +0.2 points	1.9%	2.1%
Energy	Same weight	3.5%	3.5%
Materials	Same weight	1.8%	1.8%
Utilities	Same weight	1.9%	1.9%
Consumer Discretionary	Same weight	8.7%	8.7%
Consumer Staples	Same weight	4.2%	4.2%

Country, concentration and asset class

Country by domicile

Country weights in IYY and SCHB, widest gap first
Country	More in IYYMore in SCHB	IYY	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%
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

IYY34.7%
SCHB33.3%

Securities held

IYY942
SCHB2,382

Asset class

IYY: Equity
SCHB: Equity

Holdings

Only in IYY20
In both922
Only in SCHB1,460

Only in IYY

20 securities, 0.2% of IYY by weight

Anglogold Ashanti PLC0.05%
Heico Class A0.03%
Viking Holdings Ltd0.02%
Moog Inc Class A0.01%
Fox Class B0.01%
Amdocs<0.01%
Globalfoundries<0.01%
U Haul Non Voting Series N<0.01%
News Class B<0.01%
Liberty Media Series A<0.01%
Liberty Live Holdings Inc Series A<0.01%
Brown Forman Class A<0.01%
Zillow Group Class A<0.01%
Reynolds Consumer Products Inc<0.01%
Mobileye Global Inc Class A<0.01%
Lennar Class B<0.01%
U Haul Holding<0.01%
Pershing Square Inc<0.01%
Skydance Equity Warrants Exp Th Oc0.00%
Hologic Inc0.00%

Only in SCHB

1,460 securities, 4.3% of SCHB by weight

Ssc Government Mm Gvmxx0.10%
Glaukos0.02%
Semtech0.02%
Bitmine Immersion Technologies0.02%
Twist Bioscience0.02%
Viasat Inc0.01%
Ryder System0.01%
Moog Inc Class A0.01%
Us Dollar0.01%
10X Genomics Class A0.01%
Hecla Mining0.01%
Sm Energy0.01%
Sanmina0.01%
Brinker International Inc0.01%
Protagonist Therapeutics0.01%
Ryman Hospitality Properties Reit0.01%
Kymera Therapeutics0.01%
Tempus Ai Class A0.01%
Columbia Banking System Inc0.01%
Cytokinetics0.01%
Caretrust Reit0.01%
Life Time Group Holdings0.01%
Jackson Financial Class A0.01%
Madrigal Pharmaceuticals0.01%
Old National Bancorp0.01%
Interdigital Inc0.01%
Spx Technologies Inc0.01%
Krystal Biotech0.01%
Kratos Defense and Security Soluti0.01%
Viavi Solutions0.01%
Spyre Therapeutics Inc0.01%
Tg Therapeutics0.01%
Qualys0.01%
Victoria’s Secret0.01%
Oscar Health Class A0.01%
Formfactor Inc0.01%
Abercrombie and Fitch Class A0.01%
Zeta Global Holdings Class A0.01%
Terreno Realty Reit<0.01%
Pbf Energy Class A<0.01%
Praxis Precision Medicines<0.01%
Modine Manufacturing<0.01%
Antero Midstream<0.01%
Commvault Systems<0.01%
Grail Inc<0.01%
Compass Inc Class A<0.01%
Federal Signal Corp<0.01%
Macerich Reit<0.01%
Hinge Health Class A<0.01%
Transocean<0.01%

Weight gaps

The 100 widest of 922 Holdings in both funds.

Holding weights in IYY and SCHB, widest gap first
Holding	More in IYYMore in SCHB	IYY	SCHB
AppleAAPL	IYY +0.34 points	7.17%	6.83%
MicrosoftMSFT	IYY +0.24 points	5.52%	5.28%
Amazon.com IncAMZN	IYY +0.15 points	3.36%	3.21%
Intel CorporationINTC	SCHB +0.14 points	0.47%	0.61%
Eli LillyLLY	IYY +0.15 points	1.62%	1.47%
NVIDIANVDA	IYY +0.13 points	7.06%	6.93%
Alphabet Class AGOOGL	IYY +0.11 points	2.34%	2.23%
Exxonmobil Holdings CorpXOM	IYY +0.09 points	1.10%	1.01%
Berkshire Hathaway Inc Class BBRK.B	IYY +0.09 points	1.44%	1.35%
Meta Platforms Class AMETA	IYY +0.08 points	1.93%	1.85%
Alphabet Class CGOOG	IYY +0.09 points	1.89%	1.80%
Tesla IncTSLA	IYY +0.09 points	1.61%	1.52%
Visa Class AV	IYY +0.06 points	1.00%	0.94%
Advanced Micro DevicesAMD	SCHB +0.07 points	1.17%	1.24%
WalmartWMT	IYY +0.06 points	0.78%	0.72%
AbbVieABBV	IYY +0.05 points	0.74%	0.69%
JPMorgan Chase & CoJPM	IYY +0.06 points	1.28%	1.22%
ChevronCVX	IYY +0.05 points	0.66%	0.61%
Johnson & JohnsonJNJ	IYY +0.05 points	0.94%	0.89%
Costco Wholesale CorpCOST	IYY +0.05 points	0.64%	0.59%
Delta Air LinesDAL	SCHB +0.05 points	0.02%	0.07%
Mastercard Class AMA	IYY +0.05 points	0.74%	0.69%
Merck & Co IncMRK	IYY +0.05 points	0.53%	0.48%
Coca-ColaKO	IYY +0.04 points	0.52%	0.48%
Procter & GamblePG	IYY +0.04 points	0.54%	0.50%
United Airlines HoldingsUAL	SCHB +0.04 points	0.01%	0.05%
Home DepotHD	IYY +0.03 points	0.47%	0.44%
Philip Morris InternationalPM	IYY +0.02 points	0.46%	0.44%
Gilead SciencesGILD	IYY +0.02 points	0.30%	0.28%
UnitedHealth GroupUNH	IYY +0.03 points	0.52%	0.49%
Linde PLCLIN	IYY +0.03 points	0.34%	0.31%
Amgen IncAMGN	IYY +0.03 points	0.36%	0.33%
RtxRTX	IYY +0.02 points	0.38%	0.36%
HeicoHEI	SCHB +0.02 points	0.02%	0.04%
NetflixNFLX	IYY +0.02 points	0.37%	0.35%
Verizon Communications IncVZ	IYY +0.03 points	0.27%	0.24%
Regeneron PharmaceuticalsREGN	IYY +0.02 points	0.13%	0.11%
Accenture PLC Class AACN	IYY +0.02 points	0.22%	0.20%
PepsicoPEP	IYY +0.03 points	0.27%	0.24%
ConocophillipsCOP	IYY +0.02 points	0.26%	0.24%
SandiskSNDK	SCHB +0.02 points	0.24%	0.26%
Southwest AirlinesLUV	SCHB +0.02 points	<0.01%	0.03%
International Business Machines CoIBM	IYY +0.02 points	0.35%	0.33%
Abbott LaboratoriesABT	IYY +0.02 points	0.26%	0.24%
DeereDE	IYY +0.02 points	0.24%	0.22%
Nextera EnergyNEE	IYY +0.02 points	0.25%	0.23%
PfizerPFE	IYY +0.02 points	0.25%	0.23%
Vertex PharmaceuticalsVRTX	IYY +0.02 points	0.20%	0.18%
Bank of AmericaBAC	IYY +0.01 points	0.46%	0.45%
Union PacificUNP	IYY +0.02 points	0.26%	0.24%
Medtronic PLCMDT	IYY +0.02 points	0.18%	0.16%
AT&TT	IYY +0.02 points	0.21%	0.19%
Thermo Fisher ScientificTMO	IYY +0.02 points	0.37%	0.35%
Walt DisneyDIS	IYY +0.01 points	0.27%	0.26%
WelltowerWELL	IYY +0.01 points	0.24%	0.23%
Valero Energy CorpVLO	IYY +0.01 points	0.16%	0.15%
Mcdonalds CorpMCD	IYY +0.02 points	0.26%	0.24%
Marathon PetroleumMPC	IYY +0.02 points	0.18%	0.16%
QualcommQCOM	SCHB +0.02 points	0.25%	0.27%
Wells FargoWFC	IYY +0.02 points	0.36%	0.34%
SalesforceCRM	IYY +0.02 points	0.27%	0.25%
Phillips 66PSX	IYY +0.01 points	0.16%	0.15%
Altria Group IncMO	IYY +0.02 points	0.19%	0.17%
Automatic Data Processing IncADP	IYY +0.02 points	0.17%	0.15%
S&P GlobalSPGI	IYY +0.01 points	0.20%	0.19%
Bristol Myers SquibbBMY	IYY +0.01 points	0.18%	0.17%
Cisco Systems IncCSCO	IYY +0.02 points	0.59%	0.57%
ChubbCB	IYY +0.01 points	0.18%	0.17%
Cme Group Class ACME	IYY +0.02 points	0.16%	0.14%
Intercontinental Exchange IncICE	IYY +0.01 points	0.13%	0.12%
ProgressivePGR	IYY +0.01 points	0.19%	0.18%
T Mobile Us IncTMUS	IYY +0.01 points	0.11%	0.10%
American ExpressAXP	IYY +0.01 points	0.24%	0.23%
Marvell TechnologyMRVL	SCHB +0.02 points	0.24%	0.26%
IntuitINTU	IYY +0.01 points	0.13%	0.12%
Mckesson CorpMCK	IYY +0.02 points	0.17%	0.15%
Lowes Companies IncLOW	IYY +0.01 points	0.17%	0.16%
TjxTJX	IYY +0.01 points	0.22%	0.21%
CitigroupC	IYY +0.01 points	0.29%	0.28%
Comcast Class ACMCSA	IYY +0.01 points	0.12%	0.11%
Mondelez International Class AMDLZ	IYY +0.01 points	0.12%	0.11%
Ge AerospaceGE	IYY +0.01 points	0.45%	0.44%
Broadcom IncAVGO	IYY +0.01 points	2.21%	2.20%
Prologis ReitPLD	IYY +0.01 points	0.17%	0.16%
Charles SchwabSCHW	IYY +0.01 points	0.20%	0.19%
BoeingBA	IYY +0.01 points	0.19%	0.18%
MarshMRSH	IYY +0.01 points	0.14%	0.13%
Cvs HealthCVS	IYY +0.02 points	0.17%	0.15%
Duke Energy CorpDUK	IYY +0.01 points	0.14%	0.13%
SouthernSO	IYY +0.01 points	0.15%	0.14%
Uber TechnologiesUBER	IYY +0.01 points	0.19%	0.18%
Micron TechnologyMU	IYY +0.01 points	1.42%	1.41%
Adobe IncADBE	IYY +0.01 points	0.14%	0.13%
Waste Management IncWM	IYY +0.01 points	0.12%	0.11%
Palo Alto NetworksPANW	IYY +0.01 points	0.43%	0.42%
Fox Class AFOXA	SCHB +0.01 points	0.02%	0.03%
Dell Technologies Inc Class CDELL	SCHB +0.01 points	0.18%	0.19%
Caterpillar IncCAT	IYY +0.01 points	0.41%	0.40%
Eog ResourcesEOG	IYY +0.01 points	0.12%	0.11%
Morgan StanleyMS	IYY +0.01 points	0.31%	0.30%

All 942 IYY 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.

IYY vs SCHB Cost

Overpaying IYY vs SCHB

$3,517

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

IYY 0.20%
$4,155
SCHB 0.03%
$638

Amount$10,000

Years30 years

Cost over time

IYY 0.20%
SCHB 0.03%
Overpaying

Year by year

Year	IYY	SCHB	Overpaying
10	$365	$55	$310
20	$1,421	$216	$1,205
30	$4,155	$638	$3,517

Expense ratio

0.20%IYY
0.03%SCHB, cheaper

SCHB0.03%IYY0.20%

0.02%0.25%

Middle half of Total US Market funds
Median 0.04%

SCHB 2nd cheapest of 10 funds

IYY 8th cheapest of 10 funds

IYY vs SCHB Dividends

Last 12 months to Oct 30, 2026

Yield (12M): IYY 0.88%; SCHB 1.06%, better
Payout (12M): IYY $1.62; SCHB $0.31
Last payment: IYY $0.42; SCHB $0.08
Ex-dividend: IYY Sep 15, 2026; SCHB Sep 23, 2026
Paid on: IYY Sep 18, 2026; SCHB Sep 28, 2026
Frequency: IYY Quarterly; SCHB Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

IYYQuarterly · 40 paymentsAll IYY payments⁠

SCHBQuarterly · 24 paymentsAll SCHB payments⁠

IYY vs SCHB Risk

Fall from peak · 5 years

IYY
SCHB

Risk facts

VolatilityStd dev, 3 years: IYY 12.6%, betterSCHB 12.7%
Return per unit of riskSharpe ratio, 3 years: IYY 1.37, betterSCHB 1.36
Worst fallMax drawdown, 5 years: IYY −25.5%SCHB −25.4%, better
Market sensitivityBeta, 5 years: IYY 1.02SCHB 1.03; Market = 1

IYY 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, 2026SCHB
Deep Dive
VTI tracks the total U.S. stock market - large caps are 69.8% of it
Oct 22, 2026SCHB

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IYY vs SCHB

In short

Stated mandate

Why people hold it

Worth knowing

How IYY and SCHB differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in IYY

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 IYY and SCHB differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in IYY

Only in SCHB

Weight gaps