Small-Cap ETF Showdown: Schwab's SCHA vs. iShares' IJR

The Schwab U.S. Small-Cap ETF (SCHA) and iShares Core S&P Small-Cap ETF (IJR) offer different approaches to small-cap investing. SCHA provides broader diversification with 1,721 holdings and a lower 0.04% expense ratio, delivering higher 1-year returns (44% vs 37.1%), but carries higher volatility. IJR offers a more selective portfolio of 640 quality-screened holdings with lower risk and higher liquidity ($102.9B AUM), making it suitable for risk-conscious investors willing to pay a slightly higher 0.06% expense ratio.