SCHA — Schwab U.S. Small-Cap ETF

SCHA Price Performance — Growth of $10,000

Value of a $10,000 investment in SCHA over time, compared with SPY. Both lines are rebased to $10,000 on the first shared date. Based on total returns — prices are adjusted for dividends and splits, so this assumes distributions were reinvested. Hover or tap the chart for exact values.

SCHA Drawdown

The "underwater" chart: SCHA's decline from its highest prior value at each point in time. It shows how deep past losses ran and how long the fund took to recover to break-even.

Overview

The Schwab U.S. Small-Cap ETF (SCHA) is a fund that focuses on the U.S. small-cap segment, managed by Schwab ETFs. With an overall rank of #90 among 458 tracked ETFs, it holds a moderate position in the category. The fund has an expense ratio of 0.03%, indicating a low-cost structure, and a dividend yield of 1.07%, offering a modest income stream for investors. Its price of $34.83 and assets under management (AUM) of $22.2B suggest strong investor adoption, as the fund has attracted significant capital despite its relatively modest rank.

Over the past year, the Schwab U.S. Small-Cap ETF has seen a strong performance, with a return of 34.01%. This is followed by a 67.10% gain over the past three years, indicating a consistent upward trend. In the shorter term, the fund has shown a 1.66% gain over the past month and a 5.31% increase over the past three months, suggesting a steady but not accelerating upward trajectory. The 1-day return of +0.52% and the 1-week return of -2.30% indicate some volatility, but the overall trend remains positive, with the fund outperforming its peers over the longer term.

The Schwab U.S. Small-Cap ETF is labeled as having a moderate volatility, with a beta of 1.22, which means it is slightly more volatile than the market. Its Sharpe ratio of 1.51 suggests that the fund provides a good risk-adjusted return, as it has managed to generate higher returns relative to the risk taken. The maximum drawdown of -27.29% indicates that the fund has experienced significant declines, but not as severe as some other small-cap ETFs. This combination of moderate volatility, a good Sharpe ratio, and a significant drawdown suggests that the fund is suitable for investors who are willing to accept some market risk for the potential of higher returns, especially in a market environment where small-cap stocks have historically outperformed larger ones.

AI-generated summary based on the data on this page.

SCHA Top Holdings

Holdings as of 2026-05-31 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 11.8% of net assets — a rough gauge of concentration risk (the higher this figure, the more the fund's return depends on a handful of names). To see how SCHA's holdings overlap with other ETFs you own or are considering, check the Stock Overlap tool.

Which Funds Overlap With SCHA

Holding two funds that own the same companies adds cost and complexity without adding much diversification. These tracked ETFs share the most names with SCHA's top 10 — SCHM overlaps most, holding 4 of the same companies as SCHA's top 10 (8.9% of SCHA's assets).

Compares the top 10 reported holdings of each fund, so it's a floor on true overlap — two S&P 500 trackers overlap ~100% even when only 10 names are listed. Use the Stock Overlap tool to search by individual company.

Market Backdrop

10-Year Treasury Yield: 4.69% (as of 2026-08-20) — The yield on 10-year US Treasury bonds — the standard "risk-free rate" benchmark used to contextualize this fund’s Sharpe ratio and returns.

CBOE Volatility Index (VIX): 16.01 (as of 2026-08-20) — A real-time gauge of expected S&P 500 volatility over the next 30 days — useful context for this fund’s own volatility label.

Federal Funds Rate: 3.63% (as of 2026-07-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.

See it in a portfolio

SCHA isn't one of the twelve funds in the portfolio game, but IWM — Small Companies — sits in the same category and is. It is an equivalent, not a substitute: different holdings, different fee, different returns.

Free, no sign-up, virtual money only.

SCHA Liquidity, Domicile & Tax Treatment

Liquidity: Quoted bid/ask spread is 0.58% and average daily volume is 2.1M/day. Tighter spreads and higher volume mean lower round-trip trading costs; this is a live-market snapshot and can widen during volatile sessions. AUM of $22.2B provides ample scale, supporting tight spreads and issuer commitment to keep the fund open.

Domicile & tax treatment: SCHA is a US-domiciled, SEC-registered ('40 Act) exchange-traded fund. Dividends and capital gains distributions are reported to US investors on Form 1099-DIV, and the fund is not subject to the PFIC reporting or UCITS-specific rules that apply to Irish- or Luxembourg-domiciled funds. Non-US investors should note that US-domiciled ETFs are generally subject to 30% US withholding tax on dividends (unless reduced by treaty) and to US estate tax exposure on the position — Irish-domiciled UCITS ETFs tracking the same index often avoid both, which is why non-US residents frequently prefer the UCITS equivalent where one exists. This is general information, not tax advice — consult a tax professional for your situation.

SCHA Performance History

How SCHA Compares to Other US Small Cap ETFs