Schwab U.S. Mid-Cap ETF (SCHM)

How has SCHM done since 2011?#

From January 2011 to October 2026, SCHM returned about 10.9% a year. The S&P 500 returned about 14.0% a year over the same dates. Say you put in $10,000 at the start. It would have been worth about $51,397 at the end, with every dividend reinvested.

SCHM returns by month and year#

SCHM rose in 119 of its 190 months (63%). Its best month was November 2020, at 15.2%. Its worst was March 2020, at −21.7%.

How risky is SCHM compared with the S&P 500?#

Measured from October 2021 to October 2026, on the days both traded.

• Beta 1.03. When the S&P 500 moved 1% in a day, SCHM tended to move about 1.03%.
• Correlation 0.90. SCHM mostly moved with the S&P 500.
• Up and down months. In months the S&P 500 rose, SCHM rose 90% as much on average. In months it fell, SCHM fell 114% as much.

Is SCHM above its 200-day average?#

SCHM closed 1.3% above its 200-day average on October 16, 2026. A rule that holds SCHM only above that average would hold it today.

What was SCHM’s worst drop?#

A drawdown is how far a fund falls from its last high point. SCHM’s worst fall was −42.4%, from February 20, 2020 to March 23, 2020. It got back to that high on November 9, 2020. On October 16, 2026 it was 7.0% below its highest close.

What does SCHM hold?#

This fund owns about 500 medium-sized US companies. It follows a Dow Jones index of companies ranked roughly 501 to 1,000 by size. Mid-sized company stocks can move up and down more than the biggest ones.

It tracks the Dow Jones U.S. Mid-Cap Total Stock Market Index. It had 497 holdings as of February 28, 2026, according to Schwab.

What is the SCHM expense ratio?#

SCHM charges 0.03% a year. An expense ratio is the yearly fee a fund takes to run itself. On $10,000, a 0.03% fee comes to about $3 a year. Of the 162 ETFs on Tactfolio, 85% charge more.

You never get a bill for it. The fund takes the fee out of its own value a little each day.

Which Tactfolio strategies hold SCHM?#

No classic strategy holds SCHM yet. You can add it to your own rules in the builder and see how they would have done.

How does SCHM compare with similar ETFs?#

Funds that can stand in for SCHM:

• VO: Vanguard Morningstar Mid-Cap ETF, 0.03% a year
• IJH: iShares Core S&P Mid-Cap ETF, 0.05% a year
• IWR: iShares Russell Mid-Cap ETF, 0.18% a year
• MDY: State Street SPDR S&P MidCap 400 ETF Trust, 0.23% a year

See all 8 SCHM alternatives, compared on the same dates as SCHM.

Test SCHM in your own rules#

Tactfolio is a platform where you build rules-based investing strategies, backtest them on decades of real prices, share them, and run them automatically in your own Alpaca account. Open the builder, add SCHM, and see how a rule such as “hold it only above its 200-day average” would have done. Strategies run on daily prices and hold US stocks and ETFs only.

The details#

Prices come from Tactfolio’s stored daily prices for SCHM and SPY. Each close is adjusted for splits, and dividends are reinvested on the day the fund pays them out. CAGR is the steady yearly return that turns the starting value into the ending value. Volatility is the yearly standard deviation of daily returns. Beta and correlation compare daily returns with the S&P 500 over the same dates.

Fund facts come from Schwab. We checked them on October 17, 2026. Read what a backtest simulates and how to read drawdown and CAGR for more on these measures.