Schwab U.S. Broad Market ETF
SCHB
New York Stock Exchange Arca- -
USD
- -
- -
- -
- -
(- -)
Recent
price
- -
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- Schwab U.S. Broad Market ETF (SCHB) is an exchange-traded fund that seeks to track the total return of the Dow Jones U.S. Broad Stock Market Index, providing investors with low-cost exposure to approximately 2,500 of the largest U.S. publicly traded companies across large-cap, mid-cap, and small-cap segments. Launched on November 3, 2009, the ETF is issued and managed by Charles Schwab Investment Management, a division of The Charles Schwab Corporation, which is headquartered in Westlake, Texas. SCHB offers passive investment in a diversified equity portfolio with top holdings including NVIDIA Corp., Apple Inc., Microsoft Corp., Amazon.com Inc., and Alphabet Inc.; sector allocations emphasize information technology (32.92%), financials (13.82%), and consumer discretionary (10.62%); it maintains a total expense ratio of 0.030%, a portfolio turnover rate of 3.10%, and assets under management exceeding $37 billion as of December 2025. The fund distributes quarterly income dividends, with recent payouts including $0.0821 per share on December 15, 2025, $0.0743 on September 29, 2025, and $0.0703 on June 30, 2025, alongside no capital gains distributions; it trades on NYSE Arca under the CUSIP 808524102 and underwent a 3-for-1 share split effective October 11, 2024, to enhance liquidity without altering shareholder value. In recent developments, SCHB's parent company, The Charles Schwab Corporation, agreed in November 2025 to acquire Forge Global for $660 million to bolster private market access and launched Schwab Alternative Investments Select and Schwab Private Issuer Equity Services platforms; additionally, Rick Wurster succeeded Walt Bettinger as CEO on January 1, 2025, amid ongoing integration from the prior TD Ameritrade acquisition completed in 2024. The ETF primarily serves retail and institutional investors seeking broad U.S. equity market participation as a core portfolio holding, with operations centered in the United States.