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ETF comparison

SCHB vs SPSM

US Total Market vs US Small Cap.

Schwab U.S. Broad Market ETF · State Street SPDR Portfolio S&P 600 Small Cap ETF

Holdings overlap

Weighted by ISIN/CUSIP
2.4 %

599 positions appear in both funds. Buying equal dollars of SCHB and SPSM would leave roughly 2.4% of each dollar exposed to the same underlying securities.

SCHB unmatched 97.5% Shared 2.4% SPSM unmatched 97.4%

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
1,806 positions
Shared
599 positions
In SPSM only
5 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%
SPSM

State Street SPDR Portfolio S&P 600 Small Cap ETF

State Street · US Small Cap

96 composite / 100
Expense ratio
0.030%
Net assets
$15.66B
TTM yield
1.52%
Top-10 conc.
5.9%

Sub-score comparison

97
Cost
97
88
Tax efficiency
87
100
Liquidity
100
64
Concentration
100
—
Tracking quality
—
SCHB sub-score SPSM

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 SPSM.

Top shared holdings

599 shared in total
# Holding In SCHB In SPSM Overlap
1 Viasat Inc 0.01% 0.66% 0.01%
2 Lumen Technologies Inc 0.01% 0.39% 0.01%
3 Element Solutions Inc 0.01% 0.59% 0.01%
4 FormFactor Inc 0.01% 0.68% 0.01%
5 Argan Inc 0.01% 0.60% 0.01%
6 Molina Healthcare Inc 0.01% 0.65% 0.01%
7 Enphase Energy Inc 0.01% 0.35% 0.01%
8 Qorvo Inc 0.01% 0.41% 0.01%
9 Eastman Chemical Co 0.01% 0.42% 0.01%
10 Match Group Inc 0.01% 0.48% 0.01%
11 Powell Industries Inc 0.01% 0.44% 0.01%
12 StoneX Group Inc 0.01% 0.45% 0.01%

Only in SCHB

1,806 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 SPSM

5 total
  • Under Armour Inc 0.04%
  • Central Garden & Pet Co 0.02%
  • N-able Inc/US 0.02%
  • CONTRA APELLIS PHARMAC 0.00%
  • Tobira Therapeutics Inc 0.00%

Percentages are holdings overlap with the named fund.

Open SCHB or SPSM 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.