The 36-Year Path to a Million Dollars with SCHB
A $10,000 investment in the Schwab U.S. Broad Market ETF (SCHB) would reach $1 million in 36 years if the fund's past performance continues. Over 20 years, that investment would grow to $129,465. By year 30, it reaches $465,832. This growth trajectory is based on an average annual return of 13.66% since its November 2009 launch. This rate outpaces the stock market's historical average of 10% per year. SCHB tracks the Dow Jones U.S. Broad Stock Market Index and holds 2,398 companies, with nearly a third of its assets in the Information Technology sector. The fund charges an expense ratio of 0.03%.
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