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ETF comparison

SCHB vs SPMD

US Total Market vs US Mid Cap.

Schwab U.S. Broad Market ETF · State Street SPDR Portfolio S&P 400 Mid Cap ETF

Holdings overlap

Weighted by ISIN/CUSIP
4.8 %

400 positions appear in both funds. Buying equal dollars of SCHB and SPMD would leave roughly 4.8% of each dollar exposed to the same underlying securities.

SCHB unmatched 95.0% Shared 4.8% SPMD unmatched 95.0%

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
2,005 positions
Shared
400 positions
In SPMD only
0 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
1.05%
Top-10 conc.
34.9%
SPMD

State Street SPDR Portfolio S&P 400 Mid Cap ETF

State Street · US Mid Cap

96 composite / 100
Expense ratio
0.030%
Net assets
$17.95B
TTM yield
1.32%
Top-10 conc.
7.7%

Sub-score comparison

97
Cost
97
88
Tax efficiency
88
100
Liquidity
100
64
Concentration
100
—
Tracking quality
—
SCHB sub-score SPMD

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

Cost difference

Expense ratios are effectively identical (0.030% vs 0.030%).

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 SPMD.

Top shared holdings

400 shared in total
# Holding In SCHB In SPMD Overlap
1 Twilio Inc 0.04% 0.86% 0.04%
2 TechnipFMC PLC 0.04% 0.73% 0.04%
3 Curtiss-Wright Corp 0.04% 0.77% 0.04%
4 nVent Electric PLC 0.04% 0.76% 0.04%
5 Sterling Infrastructure Inc 0.04% 0.71% 0.04%
6 XPO Inc 0.03% 0.66% 0.03%
7 Everpure Inc 0.03% 0.68% 0.03%
8 Illumina Inc 0.03% 0.73% 0.03%
9 ATI Inc 0.03% 0.74% 0.03%
10 United Therapeutics Corp 0.03% 0.63% 0.03%
11 MACOM Technology Solutions Holdings Inc 0.03% 0.69% 0.03%
12 Carpenter Technology Corp 0.03% 0.84% 0.03%

Only in SCHB

2,005 total
  • NVIDIA Corp 7.02%
  • Apple Inc 6.26%
  • Microsoft Corp 4.57%
  • Amazon.com Inc 3.62%
  • Alphabet Inc 3.03%
  • Broadcom Inc 2.90%
  • Alphabet Inc 2.41%
  • Meta Platforms Inc 1.89%
  • Tesla Inc 1.68%
  • Micron Technology Inc 1.49%

Only in SPMD

0 total

Every SPMD position is also held by SCHB.

Percentages are holdings overlap with the named fund.

Open SCHB or SPMD 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.