Top Index ETFs From 4 Big Asset Managers: 2022 

by Roger Wohlner
Analysis October 28, 2026 at 02:55 AM

Index funds, especially index ETFs, are a low-cost, tax-efficient way to invest a client's money. Index ETFs can be useful in implementing the appropriate asset allocation strategy for your clients. Here are some thoughts on picking top index ETFs for 2022.

SPDR ETFs

SPRDs are offered by State Street Global Advisors (SSGA) .

Total Stock Market

The SPDR Port S&P 1500 Comps Stock Market ETF (ticker SPTM) earns a Gold Morningstar rating. Other metrics include:

  • Expense ratio: 0.03% (3rd percentile).
  • Underlying index: S&P Composite 1500 Index.
  • AUM: $6 billion (8th percentile).
  • Three-year trailing return: 34th percentile.
  • Five-year trailing return: 30th percentile. Large-Cap Blend

    The SPDR Portfolio S&P 500 ETF Trust (ticker SPLG) earns a Gold Morningstar rating. Other metrics include:

    • Expense ratio: 0.03% (3rd percentile).
    • Underlying index: S&P 500.
    • AUM: $14 billion (10th percentile).
    • Three-year trailing return: 17th percentile.
    • Five-year trailing return: 15th percentile. Mid-Cap Blend

      The SPDR S&P Mid Cap 400 ETF Trust (ticker MDY) earns a Silver Morningstar rating. Other metrics include:

      • Expense ratio: 0.23% (12th percentile).
      • Underlying index: S&P MidCap 400 Index.
      • AUM: $20 billion (2nd percentile).
      • Three-year trailing return: 55th percentile.
      • Five-year trailing return: 52nd percentile.
      Small-Cap Blend

      The SPDR Portfolio S&P 600 Small Cap ETF (ticker SPSM) earns a Silver Morningstar rating. This is in comparison with other ETFs in this category.

      • Expense ratio: 0.05% (4th percentile).
      • Underlying index: S&P Small Cap 600 Index.
      • AUM: $4 billion (4th percentile).
      • Three-year trailing return: 37th percentile.
      • Five-year trailing return:: 21st percentile.
        (Photographer: Michael Fein/Bloomberg)

















Schwab ETFs

Schwab offers 25 ETFs.

Total Stock Market

The Schwab US Broad Market ETF (ticker SCHB) earns a Gold Morningstar rating. Other metrics include:

  • Expense ratio: 0.03% (3rd percentile).
  • Underlying index: Dow Jones U.S. Broad Stock Market Index.
  • AUM: $23 billion (3rd percentile).
  • Three-year trailing return: 39th percentile.
  • Five-year trailing return: 37th percentile. Large-Cap Blend

    The Schwab US Large-Cap ETF (ticker SCHX) earns a Gold Morningstar rating. Other metrics include:

    • Expense ratio: 0.03% (3rd percentile).
    • Underlying index: Dow Jones U.S, Large-Cap Total Stock Market Index.
    • AUM: $33 billion (2nd percentile).
    • Three-year trailing return: 22nd percentile.
    • Five-year trailing return: 19th percentile. Mid-Cap Blend

      The Schwab US Mid-Cap ETF (ticker SCHM) earns a Silver Morningstar rating. Other metrics include:

      • Expense ratio: 0.04% (2nd percentile).
      • Underlying index: Dow Jones U.S. Mid Cap Index.
      • AUM: $10 billion (3rd percentile).
      • Three-year trailing return: 70th percentile.
      • Five-year trailing return: 34th percentile. Small-Cap Blend

        The Schwab US Small-Cap ETF (ticker SCHA) earns a Silver Morningstar rating. Other metrics include:

        • Expense ratio: 0.04% (3rd percentile).
        • Underlying index: Dow Jones U.S. Small Cap Total Stock Market Index.
        • AUM: $16 billion (3rd percentile).
        • Three-year trailing return: 56th percentile.
        • Five-year trailing return: 43rd percentile. I hope this analysis will give you some ideas in choosing top-core domestic equity index ETFs for your client portfolios. Whatever databases or software that you use, it's important to set appropriate criteria to use in your screening, and to look at each ETF in depth to ensure that it fits your client's investing strategy.

          (Photographer: Christopher Dilts/Bloomberg)



















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