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Schwab Index Funds & ETFs

  • Lowest costs in the industry with no minimums— Schwab market cap index mutual funds are up to 80% less than comparable funds at Vanguard and 70% less than Fidelity2.
  • Everyone pays the same—Whether you have $5 or $5 million to invest, you get the same low cost for Schwab market cap index mutual funds.

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Mutual fund costs

Now available: Three new low-cost index funds, with no minimums.

Temporary fee waiver—Management fees will be waived through June 30, 2018.

Fund Name Benchmark Index Total Annual Operating Expenses Temporary Expense Ratio (voluntarily waived through 6/30/2018)*
New Schwab® U.S. Large-Cap Growth Index Fund (SWLGX) Russell 1000® Growth Index¹ 0.04% 0.00%
New Schwab® U.S. Large-Cap Value Index Fund (SWLVX) Russell 1000® Value Index¹ 0.04% 0.00%
New Schwab® U.S. Mid-Cap Index Fund (SWMCX) Russell Midcap® Index¹ 0.05% 0.00%

See more of Schwab’s lowest-cost index mutual funds below.

Here’s how Schwab market cap index fund costs compare.2Expand/Collapse

Schwab Vanguard Fidelity
Multi-Cap Core
Schwab Total Stock Market Index Fund® Vanguard Total Stock Market Index Fund Fidelity Total Market Index Fund
$3K Investment SWTSX0.03% VTSMX 0.15% FSTMX 0.09%
$10K Investment SWTSX0.03% VTSAX 0.04% FSTVX 0.035%
$5M Investment SWTSX0.03% VITSX 0.035% FSKTX 0.03%
S&P 500® Index
Schwab® S&P 500 Index Fund Vanguard 500 Index Fund Fidelity 500 Index Fund
$3K Investment SWPPX0.03% VFINX 0.14% FUSEX 0.09%
$10K Investment SWPPX0.03% VFIAX 0.04% FUSVX 0.035%
$5M Investment SWPPX0.03% VINIX 0.035%3 FXSIX 0.03%
Large-Cap Core
Schwab 1000 Index® Fund Vanguard Large-Cap Index Fund N/A
$3K Investment SNXFX0.05% VLACX 0.18% N/A
$10K Investment SNXFX0.05% VLCAX 0.06% N/A
$5M Investment SNXFX0.05% VLISX 0.05% N/A

See more Schwab mutual funds Expand/Collapse


ETF costs

See how the costs of Schwab market cap index ETFs compare.4Expand/Collapse

Schwab Vanguard iShares
Domestic Equity ETFs
Multi-Cap Core SCHB 0.03% VTI 0.04% ITOT 0.03%
Large-Cap Core SCHK 0.05% VV 0.06% IWB 0.15%
Large-Cap Core SCHX 0.03% VV 0.06% IWB 0.15%
Large-Cap Growth SCHG 0.04% VUG 0.06% IUSG 0.05%
Large-Cap Value SCHV 0.04% VTV 0.06% IUSV 0.05%
Equity Income SCHD 0.07% VIG 0.08% N/A
Mid-Cap Core SCHM 0.05% VO 0.06% IJH 0.07%
Small-Cap Core SCHA 0.05% VB 0.06% IJR 0.07%
Real Estate SCHH 0.07% VNQ 0.12% USRT 0.08%

See more Schwab ETFsExpand/Collapse


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Frequently asked questions

  • Why did Charles Schwab Investment Management lower expenses and remove investment minimums across all Schwab index mutual funds?

    Schwab is committed to providing the quality products our retail and institutional clients need, with competitive expenses. Schwab index mutual funds now have the lowest expenses with no investment minimums in the industry because a small difference in costs can make a big difference in your returns. And we removed investment minimums on index funds to make investing accessible for every investor.

  • How is Charles Schwab Investment Management able to offer its index mutual funds and ETFs to clients at such low expense levels?

    We are able to offer these products at competitive expenses because of our scale and by improving efficiency through our operations.

  • Are the Schwab index mutual funds and ETFs available on Schwab Mutual Fund OneSource® and Schwab ETF OneSource® platforms?

    Yes. All of Schwab’s index mutual funds and ETFs are offered on the Schwab Mutual Fund OneSource® and Schwab ETF OneSource® platforms.

  • Have more questions?

    Call us at 877-375-2940 if you have more questions or need assistance.

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