Index mutual funds and index exchange-traded funds (ETFs) can help provide efficient access to a wide swath of markets—often at lower costs than actively managed funds.
Now offering access to more U.S. equity REIT segments for just 7 basis points.
What we offer
In 1991, we launched our first index fund, the Schwab 1000 Index® Fund, based on Schwab's proprietary index methodology. Since then, we've become the fifth-largest ETF provider in the U.S., with over $265 billion in AUM, and the third-largest retail index mutual fund provider in the U.S., with over $139 billion in AUM.1 We offer index products that give investors the tools to build a diversified portfolio.
We focus on the investor, rather than chasing down the latest investment trend. Our index mutual funds and index ETFs include simple, low-cost, core investment products, spanning both broad-based equity and bond markets, and can help offer the diversification required in a well-rounded portfolio.
- Among the lowest costs in the industry.
- No minimum investment.
- 21 out of 26 of our index ETFs exceed $1 billion in AUM.2
- Established, long-tenured investment management expertise.
- Build a diversified portfolio for only four basis points on average by investing in just three Schwab ETF products.3
- Average expense ratio of 11 basis points across our index ETFs and 14 basis points across our index mutual funds.4
Low-cost index philosophy
Expenses matter. Every basis point counts in helping investors achieve their investment goals. That's why we're focused on offering the index products investors and their advisors want—at competitive costs.
Schwab market cap index ETFs
Schwab ETF expenses are among the lowest in the industry. 85% of Schwab market cap index ETFs have expenses lower than 0.10%, with an asset-weighted average expense ratio of just 0.05%.5
Schwab Fundamental Index* mutual funds and ETFs
While fund expenses should not be the only factor in choosing a strategic beta strategy, selecting a strategy with a low expense ratio remains an important consideration—especially over long time horizons. The average expense ratio for Schwab Fundamental Index ETFs and mutual funds is 0.30% and 0.32%, respectively —lower than the industry average of 0.43% for strategic beta ETFs and 0.80% for strategic beta mutual funds.6
Schwab market cap mutual funds
Schwab offers market cap index mutual funds with no minimums at among the lowest costs in the industry. All Schwab market cap index mutual fund expenses are less than 0.10%, with an asset-weighted average expense ratio of just 0.03%.7
Use these financial tools to gain more comprehensive insight into investment products.
Featured index products
See our highlighted index mutual funds and ETFs or browse all our investment products.
See what our executives and strategists have to say about index investing.