SCHB vs SCHV: Complete Comparison
Schwab U.S. Broad Market ETF vs Schwab U.S. Large-Cap Value ETF โ overlap, correlation, performance & risk analysis
Visual Overlap
Price Performance
Historical price comparison over 3M
๐Performance Comparison
โ ๏ธRisk Metrics
Interpretation:
- ๐ Lower volatility = smoother ride
- โก Higher Sharpe/Sortino = better risk-adjusted returns
- โ ๏ธ Smaller max drawdown = less worst-case pain
- ๐ Beta > 1 = more volatile than S&P 500
โ๏ธHead-to-Head Comparison
๐ SCHB wins this comparison
Key Factors
โถAdditional Metrics (5)
Bottom line: SCHB wins with better expense ratio and number of holdings and 5-year return. Consider SCHB for your portfolio, but SCHV is still a solid choice if you prefer its specific advantages.
Detailed Overlap Analysis
433 shared holdings representing 32.9% portfolio overlap
Top Shared Holdings
| # | Stock | SCHB Weight | SCHV Weight | Overlap |
|---|---|---|---|---|
| 1 | BRK-B BRK-B | 1.40% | 3.31% | 1.40% |
| 2 | JPM JPM | 1.33% | 3.04% | 1.33% |
| 3 | XOM XOM | 0.76% | 1.85% | 0.76% |
| 4 | WMT WMT | 0.71% | 1.86% | 0.71% |
| 5 | ORCL ORCL | 0.69% | 1.35% | 0.69% |
| 6 | JNJ JNJ | 0.68% | 1.77% | 0.68% |
| 7 | HD HD | 0.63% | 1.26% | 0.63% |
| 8 | PG PG | 0.58% | 1.20% | 0.58% |
| 9 | ABBV ABBV | 0.58% | 1.45% | 0.58% |
| 10 | BAC BAC | 0.49% | 1.34% | 0.49% |
Overlap by Sector
Showing top 5 sectors by overlap contribution
Top Holdings Only in SCHB
Unique to SCHB
| Symbol | Name | Weight |
|---|---|---|
| NVDA | NVDA | 7.17% |
| MSFT | MSFT | 6.47% |
| AAPL | AAPL | 5.00% |
| AMZN | AMZN | 3.33% |
| META | META | 2.73% |
Top Holdings Only in SCHV
Unique to SCHV
| Symbol | Name | Weight |
|---|---|---|
| A | A | 0.15% |
| GEHC | GEHC | 0.14% |
| FISV | FISV | 0.13% |
| EQT | EQT | 0.13% |
| FANG | FANG | 0.11% |
Price Correlation
How We Calculate Overlap
We use the minimum weight method with normalization to calculate portfolio overlap:
Overlap = ฮฃ min(weightA, weightB) for each shared holdingNormalization: Holdings weights are normalized to sum to 100% before comparison. This ensures accurate overlap calculations even when analyzing partial holdings data (e.g., top 50 positions).
Conservative approach: We consider only the smaller allocation for each shared position, giving you a realistic view of true portfolio overlap.
๐ This analysis is based on publicly available holdings data. For the most current and complete holdings information, please visit the official ETF provider websites.
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