SCHC vs WSML: Grades, Fees and Holdings Compared

Schwab International Small-Cap Equity ETF

SCHCANYSE Arca

iShares MSCI World Small-Cap ETF

WSMLANasdaq

Overlap

19.7%by weight

Expense ratio

SCHC −0.24pt a year

SCHC0.06%WSML0.30%

Avg volume · 30D

SCHC 20.1×the volume

SCHC332KWSML16.5K

SCHC vs WSML Performance

Oct 31, 2025 – Nov 2, 2026

+10.1%SCHC+16.4%WSML

Expense ratio: SCHC 0.06%, better; WSML 0.30%
Fund size: SCHC $5.5B; WSML $660M
1Y total return: SCHC +10.1%; WSML +16.4%, better
Yield (12M): SCHC 3.49%, better; WSML 2.84%
Holdings: SCHC 2325; WSML 3686
Avg volume (30D): SCHC 332K sh, better; WSML 16.5K sh
NAV per share: SCHC $48.02; WSML $34.02
52W range

ETF.net Grade

Pillar letters and Scores for SCHC, WSML, with each pillar’s weight
Pillar	SCHC	WSML
Cost30% weight	A97Higher	A87
Mission25% weight	A100Higher	A88
Risk15% weight	D35	B69Higher
Tradability15% weight	B60Higher	D30
Holdings10% weight	B68	A74Higher
Durability5% weight	A75Higher	C49

Rank among International Small-Cap funds

How we build Categories ›

Same Category. SCHC and WSML are both graded against the same 16 International Small-Cap funds, so their Grades compare head to head.

International Small-Cap⁠

Category · 16 funds

See all 16 ›

SCHC ranks 3rd and WSML 6th of 16 funds in the International Small-Cap Category.

Rank 1ASCZiShares MSCI EAFE Small-Cap ETFScore 79
Rank 1AVSSVanguard FTSE All-World ex-US Small-Cap ETFScore 79
Rank 3ASCHCSchwab International Small-Cap Equity ETFScore 78
Rank 4AFNDCSchwab Fundamental International Small Company Index ETFScore 75
Rank 5ADFISDimensional International Small Cap ETFScore 74
Rank 6AWSMLiShares MSCI World Small-Cap ETFScore 72
Rank 7AGWXState Street SPDR S&P International Small Cap ETFScore 71

Our read on each fund

ETF.net Research

SCHCASchwab International Small-Cap Equity ETF

WSMLAiShares MSCI World Small-Cap ETF

In short

SCHC The bargain end of international small caps: Schwab charges 0.06% where the typical fund in this group sits near 0.40%. Roughly 2,200 stocks from developed markets outside the US, with Canada and South Korea in the mix.

WSML One ticker for small caps across the whole developed world, US included. Most funds on this shelf stop at the water's edge; WSML holds the full map, at 0.30% a year.

Stated mandate

SCHC The fund seeks to track, before fees and expenses, the total return of the FTSE Developed Small Cap ex US Liquid Index.

WSML The Fund seeks to track an index composed of small-capitalization equities from developed markets globally.

Why people hold it

SCHC 0.06% a year, against a peer-group median near 0.40%. In a corner of the market where fees usually run high, that gap is most of the pitch.schwabassetmanagement.com
About 2,200 holdings across developed markets outside the US. Broad enough that it behaves like the asset class rather than a concentrated bet.
Counts Canada and South Korea as developed markets, covering ground that EAFE-built rivals such as SCZ leave out by design.schwabassetmanagement.com ishares.com
Trading since 2010 and has tracked its FTSE developed small-cap benchmark tightly, one of the cleaner index implementations in its peer group.

WSML The MSCI World Small Cap index spans 23 developed markets including the US, so roughly 3,500 small caps arrive in one holding instead of an ex-US fund plus a US one.msci.com
At 0.30%, the fee undercuts the typical charge in its peer group and iShares' own EAFE small-cap fund, SCZ, at 0.40%.
Straight market-cap weighting, no factor tilts, and it has tracked its index closely so far, which lands it in the upper half of its peer group overall.ishares.com

Worth knowing

SCHC Foreign small caps swing harder than large caps, and holdings are priced in local currencies, so exchange-rate moves feed straight into results.
Developed markets only. Emerging-market small caps sit outside the mandate, which is where wider ex-US peers like VSS reach further.
Moderately traded rather than a top-of-tape name, and distributions land once or twice a year instead of quarterly.

WSML A 2025 launch that trades thinly next to the veterans of the category. Limit orders matter, and the risk read rests on a short history.
Because the index includes US names, it overlaps with a US small-cap fund rather than sitting beside one. Ex-US peers like VSS and SCHC leave that slice out.msci.com
Dividends land once or twice a year, not quarterly, and foreign holdings are unhedged, so currency moves ride along with the stocks.ishares.com

Full SCHC profile⁠

Full WSML profile⁠

SCHC vs WSML Holdings

How SCHC and WSML differ

Overlap by weight

19.7%

Shared holdings make up 78.0% of SCHC and 19.7% of WSML.

Level by level

Holdings1,302 in both19.7%
Countryby domicile35.3%
Sector11 Sectors89.8%
Asset classEquity100%

Sector

Sector weights in SCHC and WSML, widest gap first
Sector	More in SCHCMore in WSML	SCHC	WSML
Materials	SCHC +5.9 points	14.1%	8.2%
Health Care	WSML +5.5 points	6.5%	12.0%
Industrials	SCHC +3.2 points	22.1%	18.9%
Technology	WSML +2.7 points	10.3%	13.0%
Financials	WSML +1.5 points	13.0%	14.5%
Consumer Staples	SCHC +0.4 points	4.5%	4.1%
Consumer Discretionary	WSML +0.3 points	10.1%	10.4%
Real Estate	SCHC +0.3 points	8.0%	7.7%
Energy	SCHC +0.2 points	5.5%	5.3%
Communication	SCHC +0.2 points	3.3%	3.1%
Utilities	WSML +0.1 points	2.6%	2.7%

Country, concentration and asset class

Country by domicile

Country weights in SCHC and WSML, widest gap first
Country	More in SCHCMore in WSML	SCHC	WSML
United States	WSML +64.7 points	1.3%	66.0%
Japan	SCHC +9.0 points	22.3%	13.3%
Canada	SCHC +7.7 points	12.2%	4.5%
United Kingdom	SCHC +7.0 points	11.6%	4.6%
South Korea	SCHC +6.8 points	6.8%	0.0%
Switzerland	SCHC +3.1 points	4.7%	1.6%
France	SCHC +2.7 points	4.0%	1.3%
Sweden	SCHC +2.7 points	4.6%	1.9%
Other countries (23)	SCHC +25.7 points	32.6%	6.9%

Outside the US: SCHC 88% developed, 12% emerging. WSML 95% developed, 5% emerging.

Concentration

Weight in the 10 largest Holdings

SCHC2.8%
WSML2.7%

Securities held

SCHC2,309
WSML3,670

Asset class

SCHC: Equity
WSML: Equity

Holdings

Only in SCHC1,007
In both1,302
Only in WSML2,368

Only in SCHC

1,007 securities, 21.7% of SCHC by weight

Chartwell Retirement Residences Re0.18%
Motor Oil (Hellas) Corinth Refiner0.18%
Cd Projekt Red0.18%
Benefit Systems0.17%
Riocan Real Estate Investment Trus0.17%
Ssc Government Mm Gvmxx0.16%
Bank of Cyprus Holding0.16%
Zabka Group Societe Anonyme SA0.16%
Brookfield Renewable Subordinate V0.15%
Jusung Engineering Ltd0.15%
Granite Real Estate Investment Sta0.14%
Pge Polska Grupa Energetyczna SA0.14%
Bank Millennium SA0.13%
First Capital Realty Real Estate I0.13%
Jumbo0.13%
Asseco Poland SA0.13%
Grupa Kety0.12%
Torm PLC Class A0.12%
Puig Brands SA Class B0.12%
Iveco Group NV0.11%
Daeduckelectronics Ltd0.11%
Xtb0.11%
Alior Bank SA0.11%
Luzerner Ktbank AG0.11%
Choice Properties Real Estate Inve0.11%
Jb Financial Group Ltd0.11%
Xtalpi Holdings Ltd0.11%
Pepco Group0.11%
Orange Polska SA0.10%
Optima Bank S.a.0.10%
Dream Industrial Real Estate Inves0.10%
Sparebanken Norge0.10%
Smartcentres Rl Estate Investment0.10%
Eo Technics Ltd0.09%
Veidekke0.09%
Kiwoom Securities0.09%
Tauron Polska Energia0.09%
Berner Kantonalbank AG0.09%
Leeno Industrial Inc0.09%
St.galler Kantonalbank AG0.09%
Budimex SA0.09%
Predictive Discovery Ltd0.09%
Simmtech0.08%
Okeanis Eco Tankers Corp.0.08%
Db Hitek Ltd0.08%
Hpsp Ltd0.08%
Wanguo Gold Group Ltd0.08%
Sam Chun Dang Pharm Ltd0.07%
Chorus0.07%
Robotis Ltd0.07%

Only in WSML

2,368 securities, 79.9% of WSML by weight

Moderna0.72%
Tenet Healthcare Corp0.23%
Us Foods Holding0.22%
Viatris0.21%
Guardant Health0.21%
Roku Class A0.19%
Ovintiv0.19%
Rubrik Class A0.19%
Royal Gold0.19%
Permian Resources Class A0.19%
Apa0.18%
Woodward0.18%
East West Bancorp0.17%
Hf Sinclair0.17%
Revvity0.17%
Itt Inc0.17%
Host Hotels & Resorts Reit0.17%
Charles River Laboratories Interna0.17%
Nutanix Class A0.17%
Zebra Technologies Corp Class A0.17%
Td Synnex0.16%
Reinsurance Group of America0.16%
Jones Lang Lasalle0.16%
Tyler Technologies0.16%
Wesco International0.16%
Stanley Black & Decker0.16%
Exelixis Inc0.16%
Docusign0.15%
Macom Technology Solutions0.15%
Allegion PLC0.15%
Hasbro0.15%
Dynatrace Inc0.15%
Halozyme Therapeutics0.15%
Api Group0.15%
Performance Food Group0.15%
Godaddy Class A0.15%
James Hardie Industries PLC0.15%
Carlisle Companies0.15%
Caci International Inc Class A0.14%
Clean Harbors Inc0.14%
Medpace Holdings0.14%
Trimble Inc0.14%
Gartner0.14%
Manhattan Associates0.14%
Lincoln Electric Holdings0.14%
Equitable Holdings0.14%
Renaissancere Holding0.14%
Aramark0.14%
Ralph Lauren Class A0.14%
Assurant Inc0.14%

Weight gaps

The 100 widest of 1,302 Holdings in both funds.

Holding weights in SCHC and WSML, widest gap first
Holding	More in SCHCMore in WSML	SCHC	WSML
Storebrand	SCHC +0.26 points	0.33%	0.07%
Frontline PLC	SCHC +0.23 points	0.31%	0.08%
Gaztransport & Technigaz SA	SCHC +0.22 points	0.29%	0.07%
Eldorado Gold	SCHC +0.22 points	0.28%	0.06%
South Bow	SCHC +0.22 points	0.29%	0.07%
Dpm Metals	SCHC +0.21 points	0.28%	0.07%
Capital Power Corp	SCHC +0.20 points	0.27%	0.07%
Lottomatica Group	SCHC +0.20 points	0.26%	0.06%
Aedifica NV	SCHC +0.19 points	0.25%	0.06%
Al Sydbank	SCHC +0.19 points	0.26%	0.07%
Nkt	SCHC +0.18 points	0.25%	0.07%
Jyske Bank	SCHC +0.18 points	0.24%	0.06%
Thyssenkrupp AG	SCHC +0.18 points	0.25%	0.07%
Ringkjobing Landbobank	SCHC +0.18 points	0.24%	0.06%
G Mining Ventures Corp	SCHC +0.18 points	0.23%	0.05%
Prairiesky Royalty	SCHC +0.17 points	0.23%	0.06%
Or Royalties Inc	SCHC +0.17 points	0.23%	0.06%
Wpp PLCWPP.L	SCHC +0.17 points	0.22%	0.05%
Konecranes	SCHC +0.17 points	0.22%	0.05%
B2GOLD	SCHC +0.16 points	0.22%	0.06%
Londonmetric Property Reit PLCLMP.L	SCHC +0.17 points	0.22%	0.05%
Voestalpine AG	SCHC +0.16 points	0.21%	0.05%
Iss	SCHC +0.16 points	0.21%	0.05%
Lion Finance Group PLCBGEO.L	SCHC +0.16 points	0.21%	0.05%
Nexans SA	SCHC +0.15 points	0.20%	0.05%
Perseus Mining Ltd	SCHC +0.16 points	0.21%	0.05%
Rotork PLCROR.L	SCHC +0.16 points	0.21%	0.05%
Methanex	SCHC +0.16 points	0.20%	0.04%
Georg Fischer AG	SCHC +0.15 points	0.20%	0.05%
Ssr Mining	SCHC +0.16 points	0.21%	0.05%
Galenica AG	SCHC +0.15 points	0.20%	0.05%
Balfour Beatty PLCBBY.L	SCHC +0.16 points	0.21%	0.05%
Aberdeen Group PLCABDN.L	SCHC +0.15 points	0.20%	0.05%
Persimmon PLCPSN.L	SCHC +0.15 points	0.20%	0.05%
Oceanagold Corporation Corp	SCHC +0.15 points	0.20%	0.05%
Tritax Big Box Reit PLCBBOX.L	SCHC +0.15 points	0.20%	0.05%
Technip Energies	SCHC +0.14 points	0.19%	0.05%
Definity Financial	SCHC +0.15 points	0.20%	0.05%
Rightmove PLCRMV.L	SCHC +0.15 points	0.20%	0.05%
Man Group PLCEMG.L	SCHC +0.15 points	0.20%	0.05%
Onex	SCHC +0.15 points	0.19%	0.04%
Blackberry	SCHC +0.15 points	0.19%	0.04%
Sparebank Sr-Norge	SCHC +0.14 points	0.19%	0.05%
Sbm Offshore	SCHC +0.14 points	0.19%	0.05%
Rs Group PLC	SCHC +0.14 points	0.19%	0.05%
Nexgen Energy	SCHC +0.14 points	0.19%	0.05%
Alk-Abello Class B	SCHC +0.14 points	0.19%	0.05%
Avanza Bank Holding	SCHC +0.14 points	0.18%	0.04%
Glanbia PLC	SCHC +0.13 points	0.18%	0.05%
Codan	SCHC +0.13 points	0.18%	0.05%
Enagas SA	SCHC +0.14 points	0.18%	0.04%
Investec PLCINVP.L	SCHC +0.13 points	0.18%	0.05%
Adecco Group AG	SCHC +0.13 points	0.18%	0.05%
Tamarack Valley Energy Ltd	SCHC +0.13 points	0.18%	0.05%
Valmet Corp	SCHC +0.14 points	0.18%	0.04%
Capstone Copper Corp	SCHC +0.13 points	0.20%	0.07%
Mycronic	SCHC +0.14 points	0.18%	0.04%
Acerinox	SCHC +0.13 points	0.16%	0.03%
Teleperformance	SCHC +0.13 points	0.17%	0.04%
Vallourec SA	SCHC +0.13 points	0.17%	0.04%
Bridgepoint Group PLCBPT.L	SCHC +0.13 points	0.15%	0.02%
Brookfield Infrastructure Corp Cla	SCHC +0.13 points	0.18%	0.05%
Mondi PLCMNDI.L	SCHC +0.13 points	0.17%	0.04%
Sectra Class B	SCHC +0.13 points	0.17%	0.04%
Umicore SA	SCHC +0.13 points	0.17%	0.04%
Aalberts	SCHC +0.13 points	0.17%	0.04%
Colliers International Group Subor	SCHC +0.12 points	0.16%	0.04%
Algonquin Power Utilities	SCHC +0.12 points	0.16%	0.04%
Elis SA	SCHC +0.12 points	0.16%	0.04%
Lagercrantz Group Class B	SCHC +0.13 points	0.17%	0.04%
K92 Mining	SCHC +0.12 points	0.16%	0.04%
Ig Group Holdings PLCIGG.L	SCHC +0.12 points	0.16%	0.04%
Azimut Holding	SCHC +0.12 points	0.16%	0.04%
Gibson Energy	SCHC +0.12 points	0.16%	0.04%
Leg Immobilien N	SCHC +0.12 points	0.16%	0.04%
Torex Gold Resources	SCHC +0.12 points	0.16%	0.04%
Entain PLCENT.L	SCHC +0.11 points	0.15%	0.04%
Allfunds Group PLC	SCHC +0.12 points	0.15%	0.03%
Northland Power Inc	SCHC +0.11 points	0.15%	0.04%
Aixtron	SCHC +0.11 points	0.15%	0.04%
Flsmidth and Co Class B	SCHC +0.11 points	0.15%	0.04%
Mda Space	SCHC +0.11 points	0.15%	0.04%
Zegona Communications PLCZEG.L	SCHC +0.12 points	0.16%	0.04%
Centerra Gold	SCHC +0.11 points	0.15%	0.04%
Athabasca Oil	SCHC +0.11 points	0.15%	0.04%
Vault Minerals	SCHC +0.11 points	0.15%	0.04%
Kbc Ancora NV	SCHC +0.11 points	0.15%	0.04%
Capricorn Metals Ltd Def	SCHC +0.11 points	0.14%	0.03%
Computacenter PLCCCC.L	SCHC +0.11 points	0.15%	0.04%
Tecan Group AG	SCHC +0.11 points	0.14%	0.03%
Harbour Energy PLCHBR.L	SCHC +0.11 points	0.14%	0.03%
Berkeley Group Holdings (The)BKG.L	SCHC +0.11 points	0.15%	0.04%
Taylor Wimpey PLCTW.L	SCHC +0.11 points	0.14%	0.03%
Renk Group AG	SCHC +0.11 points	0.14%	0.03%
Cranswick PLCCWK.L	SCHC +0.10 points	0.14%	0.04%
B&M European Value Retail PLCBME.L	SCHC +0.11 points	0.14%	0.03%
Loomis Class B	SCHC +0.10 points	0.14%	0.04%
Johnson Matthey PLCJMAT.L	SCHC +0.11 points	0.15%	0.04%
Transalta	SCHC +0.11 points	0.14%	0.03%
Kinaxis Inc	SCHC +0.10 points	0.14%	0.04%

All 2,336 SCHC holdings⁠All 3,679 WSML 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.

SCHC vs WSML Cost

Overpaying WSML vs SCHC

$4,879

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

SCHC 0.06%
$1,270
WSML 0.30%
$6,149

Amount$10,000

Years30 years

Cost over time

SCHC 0.06%
WSML 0.30%
Overpaying

Year by year

Year	SCHC	WSML	Overpaying
10	$110	$545	$435
20	$432	$2,113	$1,681
30	$1,270	$6,149	$4,879

Expense ratio

0.06%SCHC, cheaper
0.30%WSML

SCHC0.06%WSML0.30%

0.06%0.83%

Middle half of International Small-Cap funds
Median 0.44%

SCHC cheapest of 16 funds

WSML 3rd cheapest of 16 funds

SCHC vs WSML Dividends

Last 12 months to Nov 2, 2026

Yield (12M): SCHC 3.49%, better; WSML 2.84%
Payout (12M): SCHC $1.68; WSML $0.97
Last payment: SCHC $0.11; WSML $0.29
Ex-dividend: SCHC Jun 24, 2026; WSML Jun 15, 2026
Paid on: SCHC Jun 29, 2026; WSML Jun 18, 2026
Frequency: SCHC Twice a year; WSML Twice a year

Distribution history

Per share, 2017 to 2026, same scale for both

SCHCTwice a year · 16 paymentsAll SCHC payments⁠

WSMLTwice a year · 3 paymentsAll WSML payments⁠

SCHC vs WSML Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: SCHC 14.9%WSML 13.3%since May 2025
Return per unit of riskSharpe ratio, 3 years: SCHC 1.01WSML 1.46since May 2025
Worst fallMax drawdown, 5 years: SCHC −35.8%WSML −10.7%since Apr 2025
Market sensitivityBeta, 5 years: SCHC 1.13WSML 0.89; Market = 1

SCHC and WSML in the news

All news⁠

Best ETFs
Best small-cap ETFs: Vanguard’s VB beats three great funds all charging just 0.03%
Updated Nov 2, 2026SCHC

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SCHC vs WSML

In short

Stated mandate

Why people hold it

Worth knowing

How SCHC and WSML differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in SCHC

Only in WSML

Weight gaps

Cost over time

Year by year

Distribution history

Fall from peak · 5 years

Risk facts

Best small-cap ETFs: Vanguard’s VB beats three great funds all charging just 0.03%

How SCHC and WSML differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in SCHC

Only in WSML

Weight gaps