ETF Versus

SCHB vs SPY

Schwab U.S. Broad Market ETF vs State Street SPDR S&P 500 ETF Trust

Last updated: 2026-04-02

SCHB

Schwab U.S. Broad Market ETF (SCHB) is an exchange-traded fund that provides exposure to the total U.S. stock market across all capitalizations. Launched in 2009, the fund has a 17-year track record.

AUM: N/A ER: N/A Yield: N/A Since: 2009-11-03
SPY

State Street SPDR S&P 500 ETF Trust (SPY) is an exchange-traded fund that provides exposure to large-cap U.S. equities across growth and value styles. Launched in 1993, the fund has a 33-year track record.

AUM: N/A ER: N/A Yield: N/A Since: 1993-01-29

Quick Verdict

Both funds have delivered similar 1-year returns (16.3% vs 16.1%), tracking closely.

Key Metrics

Metric SCHB SPY
Expense Ratio N/A N/A
Dividend Yield N/A N/A
Fund Family N/A N/A
Category US Total Market US Large Cap Blend

Performance Chart

Indexed to 100 at start (5-year comparison)

80 99 118 137 156 175 2021-04 2022-06 2023-09 2024-12 2026-04
SCHB +53.3%
SPY +61.2%

Performance Comparison

Period SCHB SPY Difference
1 Month -3.62% -3.69% +0.07%
3 Months -3.84% -4.09% +0.25%
6 Months -2.43% -2.44% +0.01%
YTD -3.84% -4.09% +0.25%
1 Year +16.27% +16.07% +0.20%
3 Years +58.12% +59.45% -1.33%
5 Years +53.27% +61.25% -7.98%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment Period SCHB Fees SPY Fees You Save
$10,000 10 years $0 $0 $0
$10,000 20 years $0 $0 $0
$10,000 30 years $0 $0 $0
$50,000 10 years $0 $0 $0
$50,000 30 years $0 $0 $0
$100,000 30 years $0 $0 $0

Risk Metrics

Based on 5 years of daily returns

Metric SCHB SPY
Annualized Volatility 17.3% 17.1%
Max Drawdown -26.2% -25.4%
Sharpe Ratio 0.32 0.38

Dividend Comparison

Metric SCHB SPY
Annual Dividend (per share) $0.30 $7.38
Dividend Yield 1.17% 1.13%
Distribution Frequency Quarterly Quarterly

Related Comparisons

ARKK vs SPY COWZ vs SPY GLD vs SPY IBIT vs SPY IJR vs SCHB IJR vs SPY ITOT vs SCHB ITOT vs SPY