SCHB

The Schwab U.S. Broad Market ETF (SCHB) is an exchange-traded fund designed to provide broad exposure to the U.S. equity market. The ETF is managed by Charles Schwab Investment Management and trades under the ticker SCHB on the NYSE Arca.

Classified as a broad-market equity ETF, the fund seeks to reflect, before fees and expenses, the performance of the Dow Jones U.S. Broad Stock Market Index.

The ETF follows a passive management strategy, maintaining a portfolio structured to replicate the composition and weighting of its benchmark index. The benchmark includes U.S. companies across multiple market-cap segments, including large-cap, mid-cap, and small-cap equities distributed throughout various sectors of the American economy.

Diversification and sector exposure

SCHB provides exposure primarily associated with:

• Information technology.
• Healthcare.
• Financials.
• Consumer discretionary.
• Industrials.
• U.S. large-cap, mid-cap, and small-cap companies.
• Broad U.S. equity markets.
• U.S. mega-cap equities.

The ETF’s performance is particularly sensitive to U.S. economic conditions, interest-rate expectations, and broader movements across the American stock market.

Changes in Federal Reserve monetary policy, fluctuations in interest rates, and shifts in corporate earnings may directly affect the fund’s behavior. The ETF may also reflect developments associated with artificial intelligence growth, economic digitalization, and expansion among major U.S. technology companies.

Structure and costs

SCHB shares trade on the secondary market on the NYSE Arca during regular trading hours. Share creation and redemption occur through authorized participants, a mechanism intended to help align the ETF’s market price with its net asset value (NAV).

The fund charges a management fee as outlined in its prospectus and does not apply a performance fee. SCHB may distribute income derived from dividends paid by companies held within the portfolio.

Because the ETF maintains broad exposure to the U.S. equity market, its performance may directly reflect broader movements across the U.S. economy and stock exchanges.

History and evolution of the ETF

The Schwab U.S. Broad Market ETF was launched in 2009 during a period marked by expansion in low-cost ETFs focused on broad U.S. market exposure.

Since inception, the fund has reflected movements associated with the U.S. equity market, including economic cycles, monetary-policy changes, and structural developments across technology, healthcare, and consumer sectors.

In recent years, SCHB has reflected appreciation in U.S. mega-cap equities, the expansion of artificial intelligence, fluctuations in interest rates, and changes in equity-market behavior amid the ongoing digitalization of the global economy.

Additional Information

Schwab U.S. Broad Market ETF (United States) is an exchange-traded fund (ETF), with assets under management totaling $43.19 Billions.

Over the past 12 months, Schwab U.S. Broad Market ETF recorded a return of 29.91%, with its price trading between $22.72 and $29.17 during the same period.

The ETF is traded under the ticker SCHB.