SCHB was created on 2009-11-03 by Schwab. The fund's investment portfolio concentrates primarily on total market equity. The ETF currently has 33011.83m in AUM and 2401 holdings. SCHB tracks a cap-weighted index of the largest 2,500 stocks in the US.
SCHB is Charles Schwab’s entry into the all cap equity ETF space, and offers investors a way to access more than 1,500 companies across various sectors and sizes. As such, this fund has the potential to be utilized as core holding of a long-term, buy-and-hold portfolio or as a means of establishing quick exposure to risky securities as part of a shorter-term strategy. For investors with a long-term focus, SCHB is appealing in terms of balance of holdings and minimal fees