The SCHB and ITOT ETFs are ultra-low cost, highly diversified U.S. equity ETFs with nearly identical performance, yield, and sector allocations. ITOT has larger assets under management (AUM) and higher trading volume. Both funds charge a minimal 0.03% expense ratio and offer a 1.1% dividend yield.
SCHB and ITOT aim to provide broad exposure to the entire U.S. stock market, including large, mid, and small-cap companies. Both ETFs have similar cost, performance, portfolio breakdown, and trading details. ITOT holds 2,498 stocks with top positions in Nvidia, Apple, and Microsoft, while SCHB has 2,408 holdings with similar sector tilts.
The main difference between SCHB and ITOT is their AUM, with ITOT having $80.4 billion compared to SCHB’s $38.3 billion. This gives ITOT slightly more liquidity, but both are highly liquid. ITOT’s holdings are more comprehensive due to its larger number of holdings, making both ETFs excellent choices for long-term, passive investment strategies.
The key distinction between ITOT and SCHB may come down to investor preference for who manages the fund, Schwab or iShares. Both funds offer similar exposure to the U.S. stock market, making them nearly identical in terms of performance, cost, and yield.
Read more at Yahoo Finance: Schwab’s SCHB vs. iShares’ ITOT
