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SCHB −0.34% on Nov 13 · Analysis updated Nov 13, 2026, 6:30 PM ET
Why is Schwab U.S. Broad Market ETF (SCHB) stock down?
No news items or SEC filings were found for SCHB in the 14-day news window or the 45-day filing window, so this view rests only on the 30-day price and volume data. Shares closed at 29.02 on Nov 13, up 0.4% from 28.90 on Nov 10 and recovering from the Nov 5 low of 28.17. The stock has moved in a narrow band since the Nov 5 drop of 4.3% on 26.3M shares, with closes of 28.30 to 29.25 from Nov 6 to Nov 13. Nov 13 traded 28.76 to 29.25 on 17.5M shares, with the close above the 28.92 VWAP, which suggests buyers held the price near the middle of the recent range. The stock remains about 1.9% below the Oct 27 close of 29.58 and below the Oct 28 high of 29.72, so the 30-day trend is flat to slightly lower. Because SCHB is a diversified broad market fund with no company-specific catalyst in the data, the Nov 5 selloff and this partial rebound are best read as market-wide moves, and the data cannot show their cause. The evidence is limited to price and volume, so the outlook is close to neutral across all horizons.
About Schwab U.S. Broad Market ETF
The Schwab U.S. Broad Market ETF is a passively managed fund from Charles Schwab, launched in 2009. It holds about 2,400–2,500 of the largest US companies, giving one-fund exposure to nearly the whole US stock market at a very low cost of about 0.03% a year.
How the fund works
It tracks the Dow Jones U.S. Broad Stock Market Index, which covers the largest 2,500 US-listed companies. The index weights each company by the market value of its freely traded shares and rebuilds its list once a year in September. The fund holds most index stocks directly and keeps at least 90% of its assets in them. It pays dividends every quarter, with a recent yield of roughly 1%. There is no leverage. Because it weights by size, the biggest tech companies make up a large share: Nvidia, Apple and Microsoft together are close to 20%, and the top 10 holdings are around a third of the fund.
What usually moves SCHB
- Overall US stock market direction
- Performance of mega-cap tech stocks like Nvidia, Apple and Microsoft
- Interest rates and Federal Reserve policy
- US corporate earnings and economic growth
- AI-related spending and sentiment