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SCHB
ETFSCHWAB U.S. BROAD MARKET ETF
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Description
SCHB is a passively managed exchange‑traded fund that seeks to replicate the Dow Jones U.S. Broad Stock Market Index, giving investors exposure to the full spectrum of publicly traded U.S. equities—including large, mid, and small‑cap companies across all sectors. The fund holds thousands of stocks, with a sector composition roughly weighted toward information technology, financials, health care, communication services and industrials, and invests almost entirely in common equity with only a minimal cash component. Its investment approach uses representative sampling of the index, keeping turnover low and providing broad market coverage. SCHB is suited for investors who want a low‑cost, core holding that delivers diversified exposure to the overall U.S. stock market, whether for a long‑term buy‑and‑hold portfolio or as a building block for broader asset allocation.
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