At a glance
SCHK charges 0.03% a year, below the 0.06% average of the 8 funds most like it (the 3rd cheapest of 9). It has $5.86B in assets, the 5th largest of that group; it paid 1.03% of its price in distributions over the past 12 months, quarterly. Over the past year it returned +13.2% with distributions reinvested (S&P 500: +11.5%), 2nd of those 9 funds; over three years it returned +24.8% a year. At its worst it fell 34.8% in the 2020 crash (S&P 500: 33.7%) and 25.4% in the 2022 bear market (S&P 500: 24.5%), and was back at its earlier high 5 months and 14 months after the lows. Its ten largest positions make up 35.1% of the fund, out of 980 in all.
The short version
Schwab 1000 Index ETF (SCHK) tracks the Schwab 1000 Index, which holds the 1,000 largest US companies, large and mid-size, weighted by market value. Its 0.03% expense ratio is half the 0.06% average of similar funds. Schwab's own U.S. Large-Cap ETF (SCHX) charges the same fee and shares 95% of its holdings. As of August 31, 2026, NVIDIA, Apple and Microsoft together made up about 19% of the fund.
Price history
The interactive chart needs JavaScript.
SCHK +13.2% over the year to Oct 27, 2026, total return with distributions reinvested.
How it has behaved
| YTD | 1 yr | 3 yr | 5 yr | 10 yr | Since start | |
|---|---|---|---|---|---|---|
| SCHK official prospectus, to Dec 31, 2024 | — | +24.47% | — | +14.06% | — | +13.76% |
| SCHK price data to Oct 27, 2026 | +13.7% | +13.2% | +24.8% | +11.9% | — | +14.4% |
- Over the year to Oct 27, 2026, SCHK returned +13.2%, 2nd of 9 among similar funds.
- Its 5-year annualized return was +11.9%.
- In the 2020 COVID crash it fell 34.8% and regained its old high 4.6 months after the low.
- Its worst full calendar year was 2022 (-19.5%); its best was 2019 (+31.3%).
- The deepest fall in its price history was 34.8% (Feb 19, 2020 to Mar 23, 2020), recovered by Aug 10, 2020.
Show as a table
| Year | Price data | Prospectus (official) |
|---|---|---|
| 2026 (to date) | +13.7% | — |
| 2025 | +17.2% | — |
| 2024 | +24.5% | +24.47% |
| 2023 | +26.6% | +26.53% |
| 2022 | -19.5% | -19.45% |
| 2021 | +26.2% | +26.08% |
| 2020 | +20.8% | +20.68% |
| 2019 | +31.3% | +31.37% |
| 2018 | -5.0% | -4.90% |
| 2008 financial crisis stocks fell Oct 9, 2007 – Mar 9, 2009 | Before this security existed |
|---|---|
| 2020 COVID crash stocks fell Feb 19, 2020 – Mar 23, 2020 | Lost 34.8% over that stretch · deepest drop along the way 34.8%, back to its old high 4.6 months after the low |
| 2022 bear market stocks fell Jan 3, 2022 – Oct 12, 2022 | Lost 25.4% over that stretch · deepest drop along the way 25.4%, back to its old high 14.1 months after the low |
Dividends and income
Show as a table
| Year | Per share | Change |
|---|---|---|
| 2026 (to date) | $0.2800 | |
| 2025 | $0.3600 | +4.3% |
| 2024 | $0.3450 | +9.5% |
| 2023 | $0.3150 | +10.5% |
| 2022 | $0.2850 | +5.6% |
| 2021 | $0.2700 | -8.5% |
| 2020 | $0.2950 | +1.7% |
| 2019 | $0.2900 | +27.9% |
| 2018 | $0.2267 |
What's inside
As of Aug 31, 2026, the fund held 980 securities; the ten largest made up 35.06% of assets.
| Holding | Weight | |
|---|---|---|
| NVIDIA Corp | 7.49% | |
| Apple Inc | 6.52% | |
| Microsoft Corp | 5.28% | |
| Amazon.com Inc | 3.56% | |
| Alphabet Inc | 2.79% | |
| Broadcom Inc | 2.46% | |
| Alphabet Inc | 2.22% | |
| Meta Platforms Inc | 1.76% | |
| Micron Technology Inc | 1.52% | |
| Tesla Inc | 1.45% | |
| JPMorgan Chase & Co | 1.34% | |
| Berkshire Hathaway Inc | 1.30% | |
| Eli Lilly & Co | 1.28% | |
| Advanced Micro Devices Inc | 1.08% | |
| ExxonMobil Holdings Corp | 0.93% |
By country
United States 96.69%Ireland 1.87%Switzerland 0.29%Bermuda 0.25%United Kingdom 0.14%By asset type
Stocks 99.87%By sector
Sectors of the companies held, for the 84.7% of the fund in companies that have a stock page here; other holdings and cash aren't classified. Source: N-PORT holdings report as of Aug 31, 2026. Cash, money-market funds and derivatives are shown separately from the securities list.What changed recently
- Over the three months to Aug 31, 2026, investors added a net $76.3M (creations minus redemptions, per the N-PORT report).
- Monthly total returns reported for that quarter: -0.59%, -0.30%, +2.75%.
How it works
SCHK, from Charles Schwab, seeks to match the Schwab 1000 Index's total return, before fees. The index holds the 1,000 largest publicly traded US companies by market capitalization (the total value of their shares), spanning large and mid-sized firms. Weights are float-adjusted, counting only shares available to trade, so bigger companies weigh more. As of August 31, 2026, NVIDIA (7.5%), Apple (6.5%) and Microsoft (5.3%) led the fund's 980 holdings, and the top 10 made up 35% of assets.
The fund generally copies each stock's index weight and normally keeps at least 90% of its assets in index stocks. The adviser may stray from exact weights to avoid odd lots (smaller-than-usual share blocks), for tax reasons, or when a stock trades thinly, and may trade ahead of index changes. Up to 10% can go elsewhere, including futures contracts that give idle cash index-like returns (tiny S&P 500 and S&P MidCap 400 positions as of August 31, 2026).
Turnover (the share of holdings replaced in a year) was 3%, per the prospectus filed December 22, 2025. The fund may lend securities to narrow the gap with its index, risking loss or delay if a borrower defaults. Sector weights mirror the index; technology was about 34% of assets as of August 31, 2026.
What it really costs
- SCHK charges 0.03% a year, versus an average of 0.06% for the similar funds below (3rd of 9, cheapest first).
- Using the prospectus's standard example, $10,000 invested would cost about $3 in the first year and $39 over 10 years (assuming a 5% annual return).
| Cost of $10,000 (SEC example) | 1 yr | 3 yrs | 5 yrs | 10 yrs |
|---|---|---|---|---|
| SCHK | $3 | $10 | $17 | $39 |
In a retirement portfolio
It holds about 980 large and mid-size US stocks for a 0.03% expense ratio, so it could serve as the US stock base of a portfolio.
SCHK is cheap. In the SEC's standard example, $10,000 invested would cost about $39 in fees over 10 years. But it is all stocks and falls with the market. It launched in 2017, so it has no 2008 record. In the 2020 COVID crash it fell 34.8% between February 19 and March 23, then recovered by August 10, 2020, about 4.6 months later. In the 2022 bear market it fell 25.4% and took about 14 months to recover, by December 14, 2023. Its worst calendar year was 2022, at -19.45%. Anyone selling shares for cash during a stretch like that would be selling at low prices. The yield was 1.03% as of October 27, 2026, paid quarterly, so the fund is not built for income. Past results don't predict future ones, and a plan should look at the whole portfolio, not one fund.
Who it may suit — and who should look elsewhere
May suit
- Investors wanting about 980 large and mid-size US stocks in one fund, for $3 a year per $10,000 in the SEC's standard example.
- Long-term holders who prefer a simple fund that trades little: the prospectus reports portfolio turnover of 3%.
- People building a US stock core who can sit through drops like its 34.8% fall in early 2020 and its 25.4% fall in 2022.
Look elsewhere if
- Investors seeking meaningful income: the yield was 1.03% as of October 27, 2026, paid quarterly.
- Anyone wanting less reliance on a few tech giants: NVIDIA, Apple and Microsoft were about 19% of assets as of August 31, 2026.
- Those wanting small-company or international stocks. The index holds only the 1,000 largest US companies, and about 97% of assets were US-based.
Close alternatives
Matched by holdings overlap from the latest N-PORT reports.
| Fund | Overlap | Cost | Net assets | 1 yr | 3 yr |
|---|---|---|---|---|---|
| SCHK this fund | — | 0.03% | $5.86B | +13.2% | +24.8% |
| SCHX Schwab U.S. Large-Cap ETF | 95% | 0.03% | $74.17B | +10.9% | +21.9% |
| VONE Vanguard Russell 1000 ETF | 95% | 0.07% | $11.91B | +13.0% | +24.6% |
| GUSA Goldman Sachs MarketBeta U.S. 1000 Equity E… | 94% | 0.11% | $2.40B | +13.0% | +24.7% |
| PBUS Invesco MSCI USA ETF | 93% | 0.04% | $11.67B | +13.1% | +24.9% |
| IYY iShares Dow Jones U.S. ETF | 93% | 0.2% | $2.95B | +13.0% | +24.5% |
| BKLC BNY Mellon US Large Cap Core Equity ETF | 92% | 0% | $5.47B | +13.4% | +25.4% |
| BBUS JPMorgan BetaBuilders U.S. Equity ETF | 91% | 0.02% | $8.89B | +13.0% | +24.8% |
Questions investors ask
What does SCHK invest in?
SCHK invests in the stocks of the Schwab 1000 Index: the 1,000 largest publicly traded US companies, weighted by market value. As of August 31, 2026, it held about 980 stocks. The largest were NVIDIA (7.5%), Apple (6.5%), Microsoft (5.3%), Amazon (3.6%) and Alphabet (about 5% across two share classes). The top 10 made up 35% of the fund, and technology was by far the largest sector.
What's the difference between SCHK and SCHX?
Both are Schwab funds with a 0.03% expense ratio, and their holdings overlapped by 95% in their latest reports. SCHK tracks the Schwab 1000 Index, which reaches into mid-size companies. SCHX follows its own large-company index. SCHX is far larger, with about $74.2 billion in net assets versus about $5.9 billion for SCHK as of August 31, 2026. Their three-year returns were both 24.8% a year as of late October 2026.
Does SCHK pay dividends?
Yes. SCHK pays dividends quarterly. Over the 12 months to October 27, 2026, it paid about $0.38 per share, a yield of 1.03%. That income comes from the dividends of the companies it holds. Many of its largest holdings, such as NVIDIA and Amazon, pay little or nothing, so the yield is modest. Funds built for dividend income usually yield more.
What is SCHK's expense ratio?
SCHK's expense ratio is 0.03%, according to its prospectus filed December 22, 2025. That is half the 0.06% average of similar funds. It ranked 3rd cheapest of 9 comparable funds. For comparison, Vanguard Russell 1000 ETF (VONE) charges 0.07%, JPMorgan BetaBuilders U.S. Equity ETF (BBUS) 0.02%, and BNY Mellon US Large Cap Core Equity ETF (BKLC) 0%. On $10,000, the SEC's standard example puts SCHK's costs at $3 for one year and $39 over 10 years.
How has SCHK performed since it launched?
SCHK returned an average of 13.76% a year from its October 2017 launch through December 31, 2024. Its five-year average to that date was 14.06% a year, according to its prospectus. Based on price, it returned 11.9% a year over the five years to October 27, 2026. It has also had losing years: -4.9% in 2018 and -19.45% in 2022. Past returns don't predict future results.