SCHM: Schwab U.S. Mid-Cap ETF

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.

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

How has SCHM done since 2011?#

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

Prices through October 16, 2026. Figures use daily closing prices adjusted for splits, with dividends reinvested. They do not include taxes or the cost of buying and selling. Past results do not tell you what will happen next.

SCHM returns by year#

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.

The chart shows how far below its last high the fund was on each day. Big drops are normal for some funds. They matter because selling during a drop locks in the loss.

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. 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.

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.