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SCHB vs. ONEQ

Schwab U.S. Broad Market ETF

SCHB
$--
vs

Fidelity Nasdaq Composite Index ETF

ONEQ
$--

Correlation

SCHBSchwab U.S. Broad Market ETF
ONEQFidelity Nasdaq Composite Index ETF

What is SCHB?

The fund offers diversified exposure across large- and small-cap U.S. stocks. It seeks investment results that track performance before fees and expenses of the approximately 2500-stock Dow Jones U.S. Broad Stock Market Index?.

Snapshot
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SCHB Schwab U.S. Broad Market ETF
ONEQ Fidelity Nasdaq Composite Index ETF
Inception date
Nov 03 2009
Sep 25 2003
Expense ratio
0.03%
0.21%
SCHB has a lower expense ratio than ONEQ by 0.18%. This can indicate that it’s cheaper to invest in SCHB than ONEQ.
Type
US Equities
US Equities
SCHB targets investing in US Equities, while ONEQ targets investing in US Equities.
Fund owner
Schwab
Fidelity
SCHB is managed by Schwab, while ONEQ is managed by Fidelity.
Volume (1m avg. daily)
$35,304,784
$10,883,307
Both SCHB and ONEQ are considered high-volume assets. They’re less likely to be affected by issues like slippage and failed orders on Composer than low-volume assets.
AUM
$22,376,795,984
$4,819,359,830
SCHB has more assets under management than ONEQ by $17,557,436,154. Higher AUM can be associated with better liquidity and lower slippage in trading.
Associated index
Dow Jones U.S. Broad Stock Market Index
NASDAQ Composite Index
SCHB is based off of the Dow Jones U.S. Broad Stock Market Index, while ONEQ is based off of the NASDAQ Composite Index
Inverse/Leveraged
No
No
SCHB and ONEQ use the same leverage ratio. Inverse and leveraged ETFs can be used to either take an opposite position or amplify returns of a given index.
Passive/Active
Passive
Passive
SCHB and ONEQ both use a Passive investing strategy. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.
Dividend
No
No
SCHB and ONEQ may offer dividends. The frequency and yield of the dividend may not be the same.
Prospectus
Neither SCHB nor ONEQ require a K1.

Automated Strategies
Related toSCHB

#WIR

When Inflation is Rising

Category

Living With High Inflation, Worried about Inflation?

Risk Rating

Moderate

Automated Strategies
Related toONEQ

#BTD

Buy the Dips: Nasdaq 100

Category

Featured, Technology Focus

Risk Rating

Aggressive

Create your own algorithmic
trading strategy

Disclaimers

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We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

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We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.