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SCHB vs. SPTM
Performance
Return for Risk
Drawdowns
Volatility
Dividends

SCHB vs. SPTM

Last updated Jun 5, 2026

SCHB (Schwab U.S. Broad Market ETF) and SPTM (SPDR Portfolio S&P 1500 Composite Stock Market ETF) are both Large Cap Blend Equities funds - SCHB tracks the Dow Jones U.S. Broad Stock Market Index while SPTM tracks the S&P Composite 1500 Index. Both are passively managed. Over the past 10 years, SCHB returned 15.02%/yr vs 15.23%/yr for SPTM. With a 0.95 correlation, they move nearly in lockstep. Both charge a 0.03% expense ratio.

Performance

SCHB vs. SPTM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Schwab U.S. Broad Market ETF (SCHB) and SPDR Portfolio S&P 1500 Composite Stock Market ETF (SPTM). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

The year-to-date returns for both stocks are quite close, with SCHB having a 11.78% return and SPTM slightly lower at 11.57%. Both investments have delivered pretty close results over the past 10 years, with SCHB having a 15.02% annualized return and SPTM not far ahead at 15.23%.

SCHB

1D
0.45%
1M
4.65%
YTD
11.78%
6M
11.45%
1Y
28.80%
3Y*
22.39%
5Y*
12.86%
10Y*
15.02%

SPTM

1D
0.43%
1M
4.45%
YTD
11.57%
6M
11.50%
1Y
28.51%
3Y*
22.16%
5Y*
13.47%
10Y*
15.23%
*Multi-year figures are annualized to reflect compound growth (CAGR)

SCHB vs. SPTM - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
SCHB
Schwab U.S. Broad Market ETF		11.78%16.94%23.93%26.16%-19.46%25.84%20.76%30.79%-5.43%21.20%
SPTM
SPDR Portfolio S&P 1500 Composite Stock Market ETF		11.57%16.93%23.87%25.55%-17.75%28.58%17.94%31.34%-5.30%21.18%

Correlation

The correlation between SCHB and SPTM is 1.00 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

1.00

Correlation (3Y)
Calculated over the trailing 3-year period

1.00

Correlation (5Y)
Calculated over the trailing 5-year period

1.00

Correlation (10Y)
Calculated over the trailing 10-year period

0.99

Correlation (All Time)
Calculated using the full available price history since Nov 4, 2009

0.95

The correlation between SCHB and SPTM has been stable across timeframes, ranging from 0.95 to 1.00 - a consistent structural relationship.

SCHB vs. SPTM - Sectors Allocation Comparison

Sectors
SCHB
SPTM

Technology

34.4%
34.0%

Financial Services

12.2%
12.1%

Consumer Cyclical

10.1%
10.3%

Communication Services

10.1%
10.5%

Industrials

9.4%
9.4%

Healthcare

8.9%
8.6%

Consumer Defensive

4.6%
4.8%

Energy

3.7%
3.7%

Real Estate

2.4%
2.3%

Utilities

2.3%
2.3%

Basic Materials

2.0%
2.0%

Technology

SCHB
34.4%
SPTM
34.0%

Financial Services

SCHB
12.2%
SPTM
12.1%

Consumer Cyclical

SCHB
10.1%
SPTM
10.3%

Communication Services

SCHB
10.1%
SPTM
10.5%

Industrials

SCHB
9.4%
SPTM
9.4%

Healthcare

SCHB
8.9%
SPTM
8.6%

Consumer Defensive

SCHB
4.6%
SPTM
4.8%

Energy

SCHB
3.7%
SPTM
3.7%

Real Estate

SCHB
2.4%
SPTM
2.3%

Utilities

SCHB
2.3%
SPTM
2.3%

Basic Materials

SCHB
2.0%
SPTM
2.0%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Schwab U.S. Broad Market ETF

SPDR Portfolio S&P 1500 Composite Stock Market ETF

Often compared with SCHB:
SCHB vs. VTISCHB vs. SCHGSCHB vs. SCHXSCHB vs. VOOSCHB vs. SCHDSCHB vs. SWTSXSCHB vs. SPY
Often compared with SPTM:
SPTM vs. VTISPTM vs. SPYSPTM vs. VOOSPTM vs. ITOTSPTM vs. SCHGSPTM vs. BKLCSPTM vs. SCHD

Return for Risk

SCHB vs. SPTM — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
SCHB
SCHB Risk / Return Rank: 7373
Overall Rank
SCHB Sharpe Ratio Rank: 7575
Sharpe Ratio Rank
SCHB Sortino Ratio Rank: 7373
Sortino Ratio Rank
SCHB Omega Ratio Rank: 7373
Omega Ratio Rank
SCHB Calmar Ratio Rank: 6666
Calmar Ratio Rank
SCHB Martin Ratio Rank: 7878
Martin Ratio Rank
SPTM
SPTM Risk / Return Rank: 7474
Overall Rank
SPTM Sharpe Ratio Rank: 7676
Sharpe Ratio Rank
SPTM Sortino Ratio Rank: 7474
Sortino Ratio Rank
SPTM Omega Ratio Rank: 7474
Omega Ratio Rank
SPTM Calmar Ratio Rank: 6767
Calmar Ratio Rank
SPTM Martin Ratio Rank: 7979
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SCHB vs. SPTM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Schwab U.S. Broad Market ETF (SCHB) and SPDR Portfolio S&P 1500 Composite Stock Market ETF (SPTM). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

SCHBSPTMDifference
Sharpe ratioReturn per unit of total volatility
2.39
2.41

-0.02

Sortino ratioReturn per unit of downside risk
3.25
3.29

-0.04

Omega ratioGain probability vs. loss probability

1.43

1.44

0.00

Calmar ratioReturn relative to maximum drawdown

3.25

3.30

-0.05

Martin ratioReturn relative to average drawdown

14.90

15.38

-0.48

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SCHB vs. SPTM - Sharpe Ratio Comparison

The current SCHB Sharpe Ratio is 2.39, which is comparable to the SPTM Sharpe Ratio of 2.41. The chart below compares the historical Sharpe Ratios of SCHB and SPTM, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

SCHBSPTMDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.39

2.41

-0.02

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.75

0.80

-0.05

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.82

0.85

-0.02

Sharpe Ratio (All Time)

Calculated using the full available price history

0.83

0.46

+0.37

Drawdowns

SCHB vs. SPTM - Drawdown Comparison

The maximum SCHB drawdown since its inception was -35.27%, smaller than the maximum SPTM drawdown of -54.80%. Use the drawdown chart below to compare losses from any high point for SCHB and SPTM.

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Drawdown Indicators

SCHBSPTMDifference

Max Drawdown

Largest peak-to-trough decline

-35.27%

-54.80%

+19.53%

Max Drawdown (1Y)

Largest decline over 1 year

-8.91%

-8.68%

-0.23%

Max Drawdown (3Y)

Largest decline over 3 years

-19.34%

-18.87%

-0.47%

Max Drawdown (5Y)

Largest decline over 5 years

-25.41%

-24.14%

-1.27%

Max Drawdown (10Y)

Largest decline over 10 years

-35.27%

-34.66%

-0.61%

Current Drawdown

Current decline from peak

-0.27%

-0.25%

-0.02%

Average Drawdown

Average peak-to-trough decline

-4.11%

-9.05%

+4.94%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.94%

1.86%

+0.08%

Volatility

SCHB vs. SPTM - Volatility Comparison

Schwab U.S. Broad Market ETF (SCHB) has a higher volatility of 2.97% compared to SPDR Portfolio S&P 1500 Composite Stock Market ETF (SPTM) at 2.82%. This indicates that SCHB's price experiences larger fluctuations and is considered to be riskier than SPTM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

SCHBSPTMDifference

Volatility (1M)

Calculated over the trailing 1-month period

2.97%

2.82%

+0.15%

Volatility (6M)

Calculated over the trailing 6-month period

9.14%

8.93%

+0.21%

Volatility (1Y)

Calculated over the trailing 1-year period

12.11%

11.87%

+0.24%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

17.24%

16.86%

+0.38%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

18.31%

18.03%

+0.28%

SCHB vs. SPTM - Expense Ratio Comparison

Both SCHB and SPTM have an expense ratio of 0.03%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.

Dividends

SCHB vs. SPTM - Dividend Comparison

SCHB's dividend yield for the trailing twelve months is around 1.01%, less than SPTM's 1.03% yield.

PositionTTM20252024202320222021202020192018201720162015
SCHB
Schwab U.S. Broad Market ETF		1.01%1.11%1.24%1.40%1.61%1.21%1.63%1.80%2.00%1.65%1.86%2.00%
SPTM
SPDR Portfolio S&P 1500 Composite Stock Market ETF		1.03%1.13%1.28%1.44%1.69%1.25%1.56%1.72%1.90%1.66%1.91%1.92%

Frequently Asked Questions

With a correlation of 1.00, SCHB and SPTM move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

SCHB has higher volatility (2.97%) compared to SPTM (2.82%). In terms of maximum drawdown, SCHB dropped -35.27% vs SPTM's -54.80%.

On 10-year performance, SPTM leads with 15.23% vs 15.02% for SCHB. Both ETFs have the same 0.03% expense ratio. On volatility, SPTM has been the lower-risk option at 2.82%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 10-year period, SPTM has performed better with a 15.23% return vs 15.02%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

SCHB and SPTM have the same expense ratio: 0.03% per year.

SPTM has the higher dividend yield at 1.03%, compared with 1.01% for SCHB.

SCHB tracks Dow Jones U.S. Broad Stock Market Index, while SPTM tracks S&P Composite 1500 Index. They also come from different issuers: Charles Schwab and State Street.

SPTM currently has the higher Sharpe Ratio (2.41 vs 2.39), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

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