Q: Why is there a discrepancy in small cap allocations between Schwab, Vanguard and Fidelity ETF’s?

Q: The portion of small cap exposure in the recommended Schwab ETF allocation seems to be significantly higher than the small cap allocation in Vanguard or Fidelity ETF’s, or in your mutual fund recommended allocation. What am I missing?

A: The range of small cap is from 38% to 45% in the 3 portfolios. The differences happen due to the different asset class each firm offers. My own DFA portfolio has 45% in small cap U.S. and international funds.