Which Broad Market ETF Wins for Your Portfolio, the iShares ITOT or Schwab's SCHB?
Both funds track nearly identical U.S. stock market exposure with matching 0.03% fees and 1% yields.
Overview
The iShares Core S&P Total U.S. Stock Market ETF (NYSEMKT:ITOT) and Schwab U.S. Broad Market ETF (NYSEMKT:SCHB) are virtually identical, ultra-low-cost vehicles for investors seeking comprehensive, one-click exposure to the entire domestic equity market.
These funds aim to capture the performance of the entire investable U.S. stock market. While they track slightly different indices, their results are nearly indistinguishable, offering diversified exposure to thousands of large-, mid-, and small-cap companies in a single ticker. They serve as reliable core building blocks for many long-term portfolios.
Details
Beta measures price volatility relative to the S&P 500; beta is calculated from monthly returns over the available fund history (up to five years). The 1-year return represents total return over the trailing 12 months. Dividend yield is the trailing-12-month distribution yield.
Source
Originally published at www.fool.com.