SCHB vs VOO: Grades, Fees and Holdings Compared

Schwab U.S. Broad Market ETF

SCHBANYSE Arca

Vanguard S&P 500 ETF

VOOANYSE Arca

Overlap

87.8%by weight

Expense ratio

SCHB0.03%VOO0.03%

Avg volume · 30D

SCHB 1.4×the volume

SCHB9.69MVOO6.96M

10Y return · a year

VOO +1.5pt

SCHB+13.7%VOO+15.2%

SCHB vs VOO Performance

Nov 12, 2021 – Nov 12, 2026

+65.3%SCHB+73.8%VOO

Expense ratio: SCHB 0.03%; VOO 0.03%
Fund size: SCHB $44.7B; VOO $1T
1Y total return: SCHB +12.0%; VOO +12.1%, better
Yield (12M): SCHB 1.06%; VOO 1.07%, better
Holdings: SCHB 2411; VOO 518
Avg volume (30D): SCHB 9.69M sh, better; VOO 6.96M sh
NAV per share: SCHB $29.25; VOO $698.30
52W range

ETF.net Grade

Pillar letters and Scores for SCHB, VOO, with each pillar’s weight
Pillar	SCHB	VOO
Cost30% weight	A72	A84
Mission25% weight	A100	A100
Risk15% weight	C49	C50
Tradability15% weight	B67	C53
Holdings10% weight	A74	D37
Durability5% weight	B67	A88

Where each fund ranks

How we build Categories ›

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

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 77
Rank 2ASCHBSchwab U.S. Broad Market ETFScore 74
Rank 3ASPTMState Street SPDR Portfolio S&P 1500 Composite Stock Market ETFScore 72

S&P 500⁠

Category · 14 funds

See all 14 ›

VOO ranks 3rd 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 73
Rank 4AUSPXFranklin U.S. Equity Index ETFScore 71

Our read on each fund

ETF.net Research

SCHBASchwab U.S. Broad Market ETF

VOOAVanguard S&P 500 ETF

In short

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.

VOO Not a standalone ETF but a share class of Vanguard's flagship 500 Index Fund: the same roughly 500 large US companies, 0.03% a year, in a wrapper you can trade all day.

Stated mandate

SCHB The fund seeks to track, before fees and expenses, the total return of the Dow Jones U.S. Broad Stock Market Index.

VOO The fund invests in stocks represented by the S&P 500 Index and seeks to closely track that index's return as a measure of overall U.S. stock performance.

Why people hold it

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.

VOO 0.03% a year against a 0.15% median for S&P 500 trackers. On a fund this size, that fee gap is the whole product.
Holds the index outright, all roughly 500 names, and its tracking record sits among the tightest in the S&P 500 group.vanguard.com
One of the most actively traded ETFs in the market, which tends to keep the cost of getting in and out small.
It is the ETF share class of Vanguard's 500 Index Fund, and Vanguard is owned by its own funds, so no outside parent takes a cut.vanguard.com sec.gov

Worth knowing

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.

VOO Large US companies only, weighted by size, so the biggest few names carry the most weight and drive much of the move.spglobal.com
Membership is not purely mechanical: an S&P index committee decides which companies come in and go out.spglobal.com
SPYM tracks the same index for 0.02%. A rounding error for most, but real if cost is your only tiebreaker.

Full SCHB profile⁠

Full VOO profile⁠

SCHB vs VOO Holdings

How SCHB and VOO differ

Overlap by weight

87.8%

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

Level by level

Holdings499 in both87.8%
Sector11 Sectors92.6%
Countryby domicile99.4%
Asset classStocks100%

Sector

Sector weights in SCHB and VOO, widest gap first
Sector	Gap	SCHB	VOO
Technology	VOO +5.7 points	34.8%	40.5%
Health Care	SCHB +1.7 points	11.0%	9.3%
Communication	VOO +1.8 points	8.2%	9.9%
Financials	SCHB +1.6 points	12.7%	11.1%
Industrials	SCHB +1.1 points	8.7%	7.5%
Consumer Discretionary	SCHB +0.9 points	9.7%	8.8%
Real Estate	SCHB +0.6 points	2.3%	1.7%
Consumer Staples	SCHB +0.5 points	4.8%	4.3%
Materials	SCHB +0.3 points	1.9%	1.6%
Energy	SCHB +0.3 points	3.7%	3.4%
Utilities	SCHB +0.2 points	2.1%	1.9%

Country, concentration and asset class

Country by domicile

Country weights in SCHB and VOO, widest gap first
Country	More in SCHBMore in VOO	Gap	SCHB	VOO
United States		VOO +0.6 points	99.4%	100.0%
Other countries (8)		SCHB +0.6 points	0.6%	0.0%

Concentration

Weight in the 10 largest Holdings

SCHB33.1%
VOO39.1%

Securities held

SCHB2,410
VOO516

Asset class

SCHB: Stocks
VOO: Stocks

Holdings

Only in SCHB1,911
In both499
Only in VOO17

Only in SCHB

1,911 securities, 10.9% of SCHB by weight

Space Exploration Technologies Cor0.26%
Snowflake0.14%
Cloudflare Class A0.14%
Cheniere Energy0.09%
Ssc Government Mm Gvmxx0.08%
Vylor0.07%
Natera0.06%
Strategy Inc Class A0.06%
Revolution Medicines0.05%
Astera Labs0.05%
Rocket Lab Corp0.05%
Roblox Class A0.05%
Sunbelt Rentals Holdings Inc0.05%
Heico0.04%
Twilio Class A0.04%
Royalty Pharma PLC Class A0.04%
Okta Class A0.04%
Mongodb Class A0.04%
Liberty Media Series C0.04%
Ati0.04%
Zoom Communications Class A0.04%
Technipfmc PLC0.04%
Insmed0.04%
United Therapeutics0.03%
Atlassian Corp Class A0.03%
Markel Group0.03%
Credo Technology Group Holding Ltd0.03%
Entegris Inc0.03%
Us Foods Holding0.03%
Tenet Healthcare Corp0.03%
Lpl Financial Holdings0.03%
Reliance0.03%
Xpo0.03%
Coreweave Class A0.03%
Roivant Sciences Ltd0.03%
Royal Gold0.03%
Alnylam Pharmaceuticals0.03%
Coupang Class A0.03%
Amrize AG0.03%
Guardant Health0.03%
First Citizens Bancshares Class A0.03%
Zscaler0.03%
Sofi Technologies0.03%
Medline Class A0.03%
Woodward0.03%
Affirm Holdings Class A0.03%
Td Synnex0.03%
Itt Inc0.03%
Permian Resources Class A0.03%
Ftai Aviation0.03%

Only in VOO

17 securities, 0.3% of VOO by weight

Warner Bros Discovery Inc0.12%
Kenvue Inc0.05%
TRS:GOLDMAN SACHS GROUP INC USD 2027-Aug-310.03%
TRS:VISA INC-CLASS A SHARES USD 2027-Aug-310.02%
Fox Corp0.01%
TRS:PAYPAL HOLDINGS INC USD 2027-Aug-31<0.01%
News Corp<0.01%
TRS:CITIGROUP INC USD 2027-Aug-31<0.01%
TRS:KROGER CO USD 2027-Jan-29<0.01%
TRS:ELEVANCE HEALTH INC USD 2027-Aug-31<0.01%
TRS:RAYMOND JAMES FINANCIAL INC USD 2027-Aug-31<0.01%
TRS:ELEVANCE HEALTH INC USD 2027-Jan-29<0.01%
TRS:NETAPP INC USD 2027-Aug-31<0.01%
TRS:RAYMOND JAMES FINANCIAL INC USD 2027-Jan-29<0.01%
SLBBH1142<0.01%
Hologic Inc - Cvr (April 2026)0.00%
Abiomed Inc-Cvr0.00%

Weight gaps

The 100 widest of 499 Holdings in both funds.

Holding weights in SCHB and VOO, widest gap first
Holding	Gap	SCHB	VOO
NVIDIANVDA	VOO +2.90 points	5.49%	8.39%
Alphabet Class AGOOGL	VOO +0.68 points	2.39%	3.07%
Micron TechnologyMU	VOO +0.60 points	1.23%	1.83%
Meta Platforms Class AMETA	VOO +0.55 points	1.88%	2.43%
Alphabet Class CGOOG	VOO +0.53 points	1.92%	2.45%
Intel Corporation CorpINTC	VOO +0.49 points	0.41%	0.91%
MicrosoftMSFT	VOO +0.48 points	5.30%	5.78%
AppleAAPL	VOO +0.31 points	7.07%	7.38%
Lam ResearchLRCX	VOO +0.22 points	0.40%	0.62%
Advanced Micro DevicesAMD	VOO +0.22 points	1.30%	1.52%
Applied Material IncAMAT	VOO +0.21 points	0.41%	0.62%
SandiskSNDK	VOO +0.20 points	0.19%	0.39%
Caterpillar IncCAT	VOO +0.19 points	0.38%	0.57%
Broadcom IncAVGO	VOO +0.18 points	2.36%	2.54%
Marvell TechnologyMRVL	VOO +0.15 points	0.20%	0.35%
Eli LillyLLY	SCHB +0.15 points	1.56%	1.41%
Seagate Technology Holdings PLCSTX	VOO +0.15 points	0.17%	0.32%
Palo Alto NetworksPANW	VOO +0.13 points	0.36%	0.49%
Amazon Com IncAMZN	VOO +0.13 points	3.58%	3.71%
Palantir Technologies Class APLTR	VOO +0.11 points	0.54%	0.65%
KlaKLAC	VOO +0.11 points	0.28%	0.39%
Western Digital CorpWDC	VOO +0.10 points	0.15%	0.25%
Cisco Systems IncCSCO	VOO +0.09 points	0.55%	0.64%
Dell Technologies Inc Class CDELL	VOO +0.10 points	0.15%	0.25%
JPMorgan ChaseJPM	VOO +0.09 points	1.24%	1.33%
Crowdstrike Holdings Class ACRWD	VOO +0.09 points	0.32%	0.41%
Berkshire Hathaway Inc Class BBRK.B	SCHB +0.09 points	1.50%	1.41%
Bank of AmericaBAC	VOO +0.09 points	0.45%	0.54%
Ge VernovaGEV	VOO +0.08 points	0.30%	0.38%
NetflixNFLX	VOO +0.08 points	0.36%	0.44%
CortevaCTVA	VOO +0.07 points	<0.01%	0.08%
ServicenowNOW	VOO +0.07 points	0.14%	0.21%
Visa Class AV	SCHB +0.07 points	0.98%	0.91%
Exxonmobil Holdings CorpXOM	VOO +0.07 points	0.95%	1.02%
WalmartWMT	SCHB +0.07 points	0.77%	0.70%
Eaton PLCETN	VOO +0.06 points	0.19%	0.25%
FortinetFTNT	VOO +0.06 points	0.11%	0.17%
CorningGLW	VOO +0.06 points	0.13%	0.18%
Lumentum HoldingsLITE	VOO +0.05 points	0.08%	0.13%
Datadog Inc Class ADDOG	VOO +0.06 points	0.08%	0.14%
Merck & Co IncMRK	VOO +0.05 points	0.49%	0.54%
Amphenol Corp Class AAPH	VOO +0.05 points	0.27%	0.32%
Costco Wholesale CorpCOST	SCHB +0.05 points	0.66%	0.61%
Robinhood Markets Class AHOOD	VOO +0.05 points	0.09%	0.14%
AT&TT	VOO +0.04 points	0.21%	0.25%
Bloom Energy Class ABE	VOO +0.04 points	0.08%	0.12%
Home DepotHD	SCHB +0.04 points	0.47%	0.43%
Mastercard Class AMA	SCHB +0.04 points	0.72%	0.68%
SalesforceCRM	VOO +0.05 points	0.24%	0.29%
Kimberly ClarkKMB	SCHB +0.04 points	0.09%	0.05%
QualcommQCOM	VOO +0.04 points	0.26%	0.30%
CitigroupC	VOO +0.04 points	0.28%	0.32%
Charles SchwabSCHW	VOO +0.04 points	0.20%	0.24%
TeradyneTER	VOO +0.04 points	0.06%	0.10%
BoeingBA	VOO +0.03 points	0.18%	0.22%
Accenture PLC Class AACN	SCHB +0.04 points	0.21%	0.17%
Hewlett Packard EnterpriseHPE	VOO +0.04 points	0.09%	0.13%
Johnson & JohnsonJNJ	VOO +0.04 points	0.93%	0.97%
Comfort Systems UsaFIX	VOO +0.04 points	0.05%	0.09%
Freeport Mcmoran IncFCX	VOO +0.03 points	0.12%	0.15%
Philip Morris InternationalPM	VOO +0.03 points	0.42%	0.45%
Morgan StanleyMS	VOO +0.03 points	0.31%	0.34%
Vertiv Holdings Class AVRT	VOO +0.03 points	0.11%	0.14%
ChevronCVX	VOO +0.03 points	0.58%	0.61%
Arista NetworksANET	VOO +0.03 points	0.29%	0.32%
Thermo Fisher ScientificTMO	VOO +0.03 points	0.35%	0.38%
Applovin Class AAPP	SCHB +0.03 points	0.15%	0.12%
Verizon Communications IncVZ	VOO +0.03 points	0.26%	0.29%
Trane Technologies PLCTT	VOO +0.02 points	0.13%	0.15%
CoherentCOHR	VOO +0.03 points	0.06%	0.09%
DeereDE	VOO +0.03 points	0.23%	0.26%
Keysight TechnologiesKEYS	VOO +0.02 points	0.07%	0.09%
Ge AerospaceGE	VOO +0.02 points	0.47%	0.49%
Coinbase Global Class ACOIN	VOO +0.02 points	0.04%	0.06%
Quanta Services IncPWR	VOO +0.03 points	0.12%	0.15%
Cummins IncCMI	VOO +0.02 points	0.09%	0.11%
PfizerPFE	VOO +0.03 points	0.22%	0.25%
NewmontNEM	VOO +0.02 points	0.16%	0.18%
Valero Energy CorpVLO	VOO +0.02 points	0.15%	0.17%
Flex LtdFLEX	VOO +0.02 points	0.04%	0.06%
Analog DevicesADI	VOO +0.02 points	0.27%	0.29%
Fox Class AFOXA	SCHB +0.02 points	0.04%	0.02%
Booking HoldingsBKNG	VOO +0.02 points	0.17%	0.19%
Prologis ReitPLD	VOO +0.02 points	0.17%	0.19%
Mckesson CorpMCK	SCHB +0.02 points	0.17%	0.15%
Procter & GamblePG	SCHB +0.02 points	0.53%	0.51%
Uber TechnologiesUBER	VOO +0.02 points	0.19%	0.21%
Bristol Myers SquibbBMY	VOO +0.02 points	0.17%	0.19%
Illumina IncILMN	VOO +0.02 points	0.04%	0.06%
OracleORCL	VOO +0.02 points	0.34%	0.36%
CienaCIEN	VOO +0.02 points	0.06%	0.08%
Johnson Controls International PLCJCI	VOO +0.02 points	0.12%	0.14%
Parker-HannifinPH	VOO +0.02 points	0.16%	0.18%
Axon EnterpriseAXON	VOO +0.02 points	0.03%	0.05%
Microchip Technology IncMCHP	VOO +0.01 points	0.05%	0.06%
Capital One Financial CorpCOF	VOO +0.02 points	0.16%	0.18%
TjxTJX	VOO +0.02 points	0.20%	0.22%
Lowes Companies IncLOW	SCHB +0.01 points	0.17%	0.16%
Baker Hughes Class ABKR	VOO +0.01 points	0.07%	0.08%
Mcdonalds CorpMCD	SCHB +0.01 points	0.26%	0.25%

All 2,418 SCHB holdings⁠All 505 VOO 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.

SCHB vs VOO Cost

Same expense ratio

$638

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

SCHB 0.03%
$638
VOO 0.03%
$638

Amount$10,000

Years30 years

Cost over time

SCHB 0.03%
VOO 0.03%

Year by year

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

Expense ratio

0.03%SCHB
0.03%VOO

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

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

VOO among 14 S&P 500 funds

VOO0.03%

0.02%0.45%

Middle half of S&P 500 funds
Median 0.09%

VOO 2nd cheapest of 14 funds

SCHB vs VOO Dividends

Last 12 months to Nov 12, 2026

Yield (12M): SCHB 1.06%; VOO 1.07%, better
Payout (12M): SCHB $0.31; VOO $7.43
Last payment: SCHB $0.08; VOO $1.82
Ex-dividend: SCHB Sep 23, 2026; VOO Sep 28, 2026
Paid on: SCHB Sep 28, 2026; VOO Sep 30, 2026
Frequency: SCHB Quarterly; VOO Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

SCHBQuarterly · 24 paymentsAll SCHB payments⁠

VOOQuarterly · 39 paymentsAll VOO payments⁠

SCHB vs VOO Risk

Fall from peak · 5 years

SCHB
VOO

Risk facts

VolatilityStd dev, 3 years: SCHB 12.7%VOO 12.3%, better
Return per unit of riskSharpe ratio, 3 years: SCHB 1.36VOO 1.42, better
Worst fallMax drawdown, 5 years: SCHB −25.4%VOO −24.5%, better
Market sensitivityBeta, 5 years: SCHB 1.03VOO 1.01; Market = 1

SCHB and VOO 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, 2026SCHBVOO
Head-to-Head
VOO is the better fund to own alone. VUG is a growth bet at the same fee.
Nov 11, 2026VOO
Head-to-Head
IVV vs. SPY: IVV is cheaper to hold; SPY wins for options and quick trades
Nov 9, 2026VOO
Deep Dive
VOO has 27.1% of assets in just four stocks
Nov 4, 2026VOO
New ETFs
FINQ lists AIBE at 0.53%, wider and cheaper than its own AIUP
Nov 3, 2026VOO
New ETFs
Franklin's new ETFs turn stock dividends into bitcoin, but still have to pay that income out
Oct 30, 2026VOO

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