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Schwab (SCHA) vs. iShares (IJR): Which Small Cap ETF Should Investors Buy?

fool.com·Jun 11, 2026

The article compares two small-cap ETFs: Schwab U.S. Small-Cap ETF (SCHA) and iShares Core S&P Small-Cap ETF (IJR), highlighting that SCHA has a lower expense ratio and broader stock holdings but IJR offers a more concentrated portfolio with slightly lower historical volatility. Ultimately, while both ETFs have similar performance and low costs, the author leans towards IJR due to its profitability requirements for holdings.

For investors considering small-cap ETFs, Schwab U.S. Small-Cap ETF (SCHA) offers broader diversification with 1,706 holdings and a lower expense ratio of 0.04% compared to iShares Core S&P Small-Cap ETF (IJR), which has 641 holdings and a 0.06% expense ratio. However, IJR’s holdings meet a minimum profitability standard, potentially offering more resilience during economic downturns, making it slightly more appealing if recession concerns are a priority.

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