Schwab U.S. Small-Cap ETF (SCHA) is a passively managed exchange-traded fund that seeks to track the total return of the Dow Jones U.S. Small-Cap Total Stock Market Index, comprising approximately 1,730 U.S. small-cap stocks ranked 751-2,500 by market capitalization; the fund provides diversified exposure to small blend equities across sectors including financials (17.83%), industrials (17.47%), information technology (15.40%), and health care (13.99%), with top holdings such as Sandisk Corp, Lumentum Holdings Inc, and Rocket Companies Inc Class A; it offers low-cost access with a total expense ratio of 0.04%, potential tax efficiency, and quarterly income distributions. Launched on November 3, 2009, and listed on NYSE Arca, the ETF is issued and managed by Schwab Asset Management, a division of Charles Schwab & Co. Inc., headquartered in Westlake, Texas, with total net assets exceeding $19.4 billion as of December 2025 and shares outstanding of approximately 675.7 million. The fund targets long-term growth for investors in U.S. small-cap equities as part of a diversified portfolio core, with operations focused exclusively on domestic U.S. markets. In October 2024, SCHA underwent a 2-for-1 share split effective October 10, applicable to shareholders of record as of October 9, with trading at post-split prices commencing October 11; this structural change increased shares outstanding and proportionately reduced net asset value per share without altering total shareholder investment value; no recent acquisitions, partnerships, funding rounds, or new product launches specific to SCHA were reported, though the fund maintains a low portfolio turnover rate of 13.86% as of November 2025.