
This fund is designed to replicate the overall performance of the Dow Jones U.S. Broad Stock Market Index with utmost accuracy, prior to accounting for any operational expenses or management fees.
Is SCHB's expense ratio expensive, average, or a steal for its category?
Pro reveals the verdict on a 5-tier spectrum calibrated against ICI 2025 industry averages, with strategy-aware bands so the comparison is meaningful.

The Vanguard Morningstar Total Stock Market ETF and the Schwab U.S. Broad Market ETF both feature a low 0.03% expense ratio. The Vanguard fund holds roughly 1,200 more stocks than the Schwab fund, providing deeper exposure to small-cap companies.

VTI's rock-bottom fee gets all the attention, but there's a second cost buried in the fund's structure that most investors never think to check before they buy.

Both ETFs offer identical, industry-leading expense ratios of 0.03%. The iShares Core S&P Total U.S. Stock Market ETF manages nearly $100 billion in assets and has a longer operational history than its Schwab counterpart.

Three total market index ETFs dominate the do-it-yourself investor's shortlist for whole-market US equity exposure: Vanguard Total Stock Market ETF (NYSEARCA:VTI), iShares Core S&P Total U.S.

Instead of buying the 30 stocks of the Dow Jones Industrial Average, this ETF offers exposure to nearly 2,500 stocks.