"That said, the Schwab U.S. Broad Market ETF ( SCHB) is about as close of an approximation to what I just described above as they come. This fund tracks the total return of the entire Dow Jones U.S. Broad Stock Market Index, which essentially includes more than 2,400 stocks across virtually all sectors. In other words, investors in SCHB gain exposure to the entire universe of investable equities in the U.S. market. Talk about diversification, folks."
"At an ultra-low expense ratio of 0.03% (and I have yet to find an ETF with a lower expense ratio), this ETF essentially provides the broadest diversification possible at the lowest possible price. That's maximizing the goals of many investors who are looking at ETFs to begin with. Perhaps my favorite element of this ETF though is the fact that turnover remains low, and the company's portfolio holdings deliver a payout ratio of around 30%"
Schwab offers a comprehensive range of ETFs covering nearly every index, sector, trend, and asset class. The Schwab U.S. Broad Market ETF (SCHB) tracks the Dow Jones U.S. Broad Stock Market Index and holds more than 2,400 stocks across sectors, providing extensive U.S. equity diversification. SCHB charges an expense ratio of 0.03% and exhibits low turnover. Portfolio holdings deliver a payout ratio around 30%, resulting in a dividend yield near 1.1%. Investors can use Schwab ETFs to construct passive exposures to equities, fixed income, and other securities as long-term core investments.
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