Could Investing $10,000 in SCHB Make You a Millionaire?

By Ben Gran – Apr 11, 2026 at 1:45AM ESTKey PointsThe Schwab U.S. Broad Market ETF has delivered average annual returns of 13.66% for the past 16 years.This stock ETF gives you exposure to nearly 2,400 of the largest publicly traded companies in the U.S.If you invest $10,000 in SCHB, your money could grow to $1 million in 36 years.Recent stock market volatility and worries about an artificial intelligence (AI) bubble are driving many investors to diversify. If you want an easy, low-cost way to own a broadly diversified portfolio of stocks, the Schwab U.S. Broad Market ETF (SCHB 0.08%) could be a solid choice. This low-cost index fund charges a rock-bottom expense ratio of only 0.03%, and it gives you exposure to the biggest U.S. stocks. But can it make you a millionaire? SCHB has a long track record of strong growth that could get you there -- if you're patient. Let's see why SCHB could be a good choice for future millionaires. Image source: Getty Images. SCHB has more than 16 years of annual returns averaging 14.09% The Schwab U.S. Broad Market ETF owns 2,398 stocks and intends to track the performance of the Dow Jones U.S.

Broad Stock Market Index. If you want to buy a total stock market ETF that lets you own a diversified range of U.S. stocks, SCHB fits that purpose. The fund's top 10 holdings are mostly major tech stocks like Nvidia (6.8% of the fund), Apple (5.9%), and Microsoft (4.4%). Almost 33% of the fund's holdings are in the Information Technology sector. The only non-tech stock in the top 10 holdings is Berkshire Hathaway Class B. SCHB was launched in November 2009, and the past 16 years since then have mostly been a good time to own U.S. stocks and especially major tech names. The ETF has delivered average annual returns (by net asset value) of 13.66% in the past 16 years since inception. That's significantly better than the stock market's usual long-term average return of 10% per year. ExpandNYSEMKT: SCHBSchwab Strategic Trust - Schwab U.s. Broad Market ETFToday's Change(-0.08%) $-0.02Current Price$26.23Key Data PointsDay's Range$26.18 - $26.3352wk Range$19.57 - $26.94Volume8.2M SCHB: How fast can your money grow to $1 million? There's no guarantee that any stock ETF can deliver returns high enough, consistently enough, for long enough to make you a millionaire. But let's assume that the SCHB track record of 13.66% average annual returns can keep going for a while longer. If you invested $10,000 into SCHB and left your money alone to compound, your money would grow to $129,465 after 20 years. After 30 years, you'd have $465,832. And after 36 years, you'd reach $1 million. This is a powerful example of how just by investing in U.S. stocks through a broadly diversified index fund like SCHB, patient long-term investors can build substantial wealth. SCHB could be a good choice if you want a low-cost total U.S. stock market index fund in your portfolio.Read NextMar 26, 2026 •By Andy GouldSCHB vs. SPTM: Which Broad Market ETF Is the Better Buy?Mar 26, 2026 •By Jake LerchTotal Stock Market ETFs: SCHB and VTI Offer Nearly Identical Market ExposureMar 25, 2026 •By Jake LerchSCHB vs. VTV: SCHB Targets Broad Market Reach, While VTV Focuses on ValueMar 12, 2026 •By Sara Appino2 Ultra-Cheap Ways to Own Every Corner of the U.S. Market: SCHB and ITOTApr 11, 2026 •By Adam LevyJPMorgan CEO Jamie Dimon Just Echoed Warren Buffett's Warning From 26 Years AgoApr 11, 2026 •By Jennifer SaibilThis $500 Stock Could Be Your Ticket to Generational WealthAbout the AuthorBen Gran is a contributing analyst at The Motley Fool, covering publicly traded companies in consumer goods, technology, transportation, industrials, materials, and energy. He is a longtime freelance finance writer with 15+ years of experience writing for publications like Forbes Advisor, Motley Fool Money, and Business Insider, and corporate websites of Prudential and regional banks. Ben also ghostwrites books and bylines for CEOs and other business thought leaders. He earned his B.A. in History from Rice University. Ben is an avid international traveler and has visited 12 countries (and counting).TMFBenjaminGranStocks MentionedSchwab Strategic Trust - Schwab U.s. Broad Market ETFNYSEMKT: SCHB$26.23(-0.08%)-$0.02MicrosoftNASDAQ: MSFT$370.82(-0.60%)-$2.25AppleNASDAQ: AAPL$260.47(-0.01%)-$0.02Berkshire HathawayNYSE: BRKB$479.90(-1.09%)-$5.30NvidiaNASDAQ: NVDA$188.67(+2.59%)+$4.76*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.