SCHM — Schwab U.S. Mid-Cap ETF

Overview

The Schwab U.S. Mid-Cap ETF, trading under the ticker SCHM, is managed by Schwab ETFs and operates within the US Mid Cap category. This fund holds an overall rank of #52 out of 120 tracked ETFs across all categories and has received an ETFValuer grade of B with a score of 66.2 out of 100. It carries a low expense ratio of 0.03% while offering a dividend yield of 1.20%. With assets under management totaling $15.3 billion and a share price of $35.27, the fund demonstrates significant investor adoption relative to its category peers. The ETF is one of five funds tracked in the US Mid Cap category by ETFValuer. Its substantial asset base and competitive cost structure position it as a widely utilized vehicle for mid-cap exposure. The combination of a B grade and top-tier ranking suggests a solid, though not exceptional, standing among the broader universe of tracked funds.

Over the last trading day, the fund declined by 0.73%, following a steeper weekly drop of 4.34%. However, the trend reversed over the subsequent month with a gain of 1.57%, leading into a strong quarterly performance of 12.45%. This momentum continued into the six-month period with a return of 14.88%, while year-to-date gains have reached 16.35%. The one-year return stands at 25.82%, and the three-year total return is 51.08%. The data indicates a pattern where short-term volatility was followed by sustained acceleration in returns over the medium and long term. This trajectory shows a clear divergence between the recent weekly decline and the robust multi-year growth figures.

The fund is assigned a Moderate volatility label and exhibits a beta of 1.05, indicating that its price movements tend to align closely with the broader market while showing slightly higher sensitivity. A Sharpe ratio of 1.26 suggests that the fund has generated a favorable amount of excess return per unit of risk taken over the measured period. Despite these positive risk-adjusted metrics, the fund experienced a maximum drawdown of -23.27%, highlighting the potential for significant temporary losses during market downturns. This combination of a beta above 1.0 and a deep drawdown implies that the fund can amplify market declines even as it delivers strong long-term returns. Investors should expect behavior that mirrors general market swings with moderate intensity, balanced by a history of recovering gains effectively over time.

AI-generated summary based on the data on this page.

SCHM Top Holdings

Holdings as of 2026-02-28 per the fund's most recent SEC N-PORT-P filing.

Market Backdrop

10-Year Treasury Yield: 4.55% (as of 2026-07-07) — The yield on 10-year US Treasury bonds — the standard "risk-free rate" benchmark used to contextualize this fund’s Sharpe ratio and returns.

CBOE Volatility Index (VIX): 16.13 (as of 2026-07-07) — A real-time gauge of expected S&P 500 volatility over the next 30 days — useful context for this fund’s own volatility label.

Federal Funds Rate: 3.63% (as of 2026-06-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.

SCHM Performance History

How SCHM Compares to Other US Mid Cap ETFs