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ETF comparison

SCHB vs SPHB

US Total Market vs US Large Cap.

Schwab U.S. Broad Market ETF · Invesco S&P 500 High Beta ETF

Holdings overlap

Weighted by ISIN/CUSIP
19.8 %

100 positions appear in both funds. Buying equal dollars of SCHB and SPHB would leave roughly 19.8% of each dollar exposed to the same underlying securities.

SCHB unmatched 80.0% Shared 19.8% SPHB unmatched 82.3%

Unmatched is the part of a fund's weight the other fund doesn't match: names only it holds, plus any extra weight it puts in names both funds hold.

In SCHB only
2,305 positions
Shared
100 positions
In SPHB only
1 positions

Side by side

SCHB

Schwab U.S. Broad Market ETF

Schwab · US Total Market

91 composite / 100
Expense ratio
0.030%
Net assets
$44.43B
TTM yield
1.04%
Top-10 conc.
34.9%
SPHB

Invesco S&P 500 High Beta ETF

Invesco · US Large Cap

75 composite / 100
Expense ratio
0.25%
Net assets
$950.6M
TTM yield
0.55%
Top-10 conc.
17.4%

Sub-score comparison

97
Cost
75
88
Tax efficiency
89
100
Liquidity
56
64
Concentration
89
—
Tracking quality
—
SCHB sub-score SPHB

Tracking quality isn't part of the composite — see what we don't score for why.

Cost difference

SCHB is 22 bps cheaper than SPHB. On a $100,000 position that's about $220/yr more in fees for SPHB.

Fee figure is the annual expense charged on $100,000. To see how the gap compounds over a multi-decade holding period, open the cost calculator pre-filled with SCHB vs SPHB.

Top shared holdings

100 shared in total
# Holding In SCHB In SPHB Overlap
1 Micron Technology Inc 1.49% 1.92% 1.49%
2 Tesla Inc 1.68% 1.20% 1.20%
3 Advanced Micro Devices Inc 1.15% 1.50% 1.15%
4 Broadcom Inc 2.90% 1.10% 1.10%
5 NVIDIA Corp 7.02% 0.94% 0.94%
6 Meta Platforms Inc 1.89% 0.88% 0.88%
7 Amazon.com Inc 3.62% 0.79% 0.79%
8 Intel Corp 0.74% 1.14% 0.74%
9 Caterpillar Inc 0.56% 0.78% 0.56%
10 Lam Research Corp 0.54% 1.45% 0.54%
11 Oracle Corp 0.52% 1.01% 0.52%
12 Palantir Technologies Inc 0.49% 1.19% 0.49%

Only in SCHB

2,305 total
  • Apple Inc 6.26%
  • Microsoft Corp 4.57%
  • Alphabet Inc 3.03%
  • Alphabet Inc 2.41%
  • Eli Lilly & Co 1.20%
  • Berkshire Hathaway Inc 1.19%
  • JPMorgan Chase & Co 1.10%
  • Exxon Mobil Corp 0.83%
  • Visa Inc 0.75%
  • Johnson & Johnson 0.74%

Only in SPHB

1 total
  • Invesco Government & Agency Portfolio 0.07%

Percentages are holdings overlap with the named fund.

Open SCHB or SPHB at a brokerage

Both funds trade commission-free at major US brokerages.

Affiliate links — opening an account through these earns PlainIndex a one-time referral. Scoring is computed before any affiliate consideration; see our methodology and funding disclosure.

Holdings overlap is the sum of min(weight_a, weight_b) over positions matched on ISIN (CUSIP fallback). Methodology: see /methodology/.

Comparing two funds doesn't endorse swapping one for the other. Tax-lot history, account type, and personal goals matter — PlainIndex publishes data and methodology, not investment advice.