Schwab US Mid-Cap ETF (SCHM) belongs to the Mid Cap Blend Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with SCHM. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to SCHM
SCHM charges 0.04% annually. There are 2 ETFs in the Mid Cap Blend Equities category with lower expense ratios, going as low as 0.03%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| SPDR Portfolio S&P 400 Mid Cap ETF | 0.03% | 18.07B | Nov 2005 | SCHM vs SPMD | |
| Vanguard Mid-Cap ETF | 0.03% | 218.80B | Jan 2004 | SCHM vs VO | |
| iShares Morningstar Mid-Cap ETF | 0.04% | 1.81B | Jun 2004 | SCHM vs IMCB | |
| iShares Core S&P Mid-Cap ETF | 0.05% | 124.01B | May 2000 | SCHM vs IJH | |
| Vanguard Extended Market ETF | 0.05% | 93.70B | Dec 2001 | SCHM vs VXF |
Best Risk-Adjusted Alternatives to SCHM
SCHM has a PortfoliosLab risk / return rank of 78. There are 8 ETFs in the Mid Cap Blend Equities category with higher risk-adjusted ranks, going as high as 94.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Castellan Targeted Equity ETF | 94 | — | Jun 2025 | SCHM vs CTEF | |
| Invesco S&P Spin-Off ETF | 94 | 214.80M | Dec 2006 | SCHM vs CSD | |
| Optimize Strategy Index ETF | 94 | 239.89M | Apr 2024 | SCHM vs OPTZ | |
| Fidelity Fundamental Small-Mid Cap ETF | 84 | 1.28B | Feb 2021 | SCHM vs FFSM | |
| Pacer US Export Leaders ETF | 83 | 51.51M | Jul 2018 | SCHM vs PEXL |
Top Performing SCHM Alternatives (YTD)
SCHM is at 22.04% YTD. There are 8 ETFs in the Mid Cap Blend Equities category with higher YTD returns, going as high as 50.08%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco S&P Spin-Off ETF | 50.08% | 214.80M | Dec 2006 | SCHM vs CSD | |
| Castellan Targeted Equity ETF | 38.70% | — | Jun 2025 | SCHM vs CTEF | |
| Optimize Strategy Index ETF | 35.88% | 239.89M | Apr 2024 | SCHM vs OPTZ | |
| Vanguard U.S. Momentum Factor ETF | 28.14% | 1.70B | Feb 2018 | SCHM vs VFMO | |
| Counterpoint Quantitative Equity ETF | 26.83% | 337.34M | Nov 2023 | SCHM vs CPAI |
Lowest Volatility Alternatives to SCHM
SCHM has 16.37% 1-year volatility. There are 56 ETFs in the Mid Cap Blend Equities category with lower 1-year volatility, going as low as 8.84%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard U.S. Minimum Volatility ETF | 8.84% | 426.50M | Feb 2018 | SCHM vs VFMV | |
| Invesco Bloomberg MVP Multi-factor ETF | 9.81% | 99.32M | May 2003 | SCHM vs BMVP | |
| Invesco Dynamic Market ETF | 9.81% | 95.10M | May 2003 | SCHM vs PWC | |
| ETC 6 Meridian Low Beta Equity Strategy ETF | 9.96% | 185.97M | May 2020 | SCHM vs SIXL | |
| Indexperts Quality Earnings Focused ETF | 11.07% | 34.97M | Dec 2024 | SCHM vs QIDX |
Lowest Drawdown Alternatives to SCHM
SCHM has a 1-year max drawdown of -9.32%. There are 44 ETFs in the Mid Cap Blend Equities category with shallower 1-year drawdowns, going as shallow as -6.00%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard U.S. Minimum Volatility ETF | -6.00% | 426.50M | Feb 2018 | SCHM vs VFMV | |
| RiverNorth Patriot ETF | -6.25% | 4.01M | Feb 2022 | SCHM vs FLDZ | |
| SRH U.S. Quality ETF | -6.31% | 170.62M | Oct 2022 | SCHM vs SRHQ | |
| Invesco Bloomberg MVP Multi-factor ETF | -6.45% | 99.32M | May 2003 | SCHM vs BMVP | |
| Invesco Dynamic Market ETF | -6.45% | 95.10M | May 2003 | SCHM vs PWC |
Other ETFs from Charles Schwab
The 10 most viewed Charles Schwab ETFs shown here include SCHD, SCHG, SCHX and span 6 categories. AUM among these funds goes as high as $100B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Schwab U.S. Dividend Equity ETF | Dividend | 87 | 18.44% | 99.95B | Oct 2011 | SCHM vs SCHD | |
| Schwab U.S. Large-Cap Growth ETF | Large Cap Growth Equities | 25 | 0.23% | 59.17B | Dec 2009 | SCHM vs SCHG | |
| Schwab U.S. Large-Cap ETF | Large Cap Blend Equities | 59 | 7.91% | 72.05B | Nov 2009 | SCHM vs SCHX | |
| Schwab U.S. Broad Market ETF | Large Cap Blend Equities | 64 | 8.93% | 43.10B | Nov 2009 | SCHM vs SCHB | |
| Schwab International Equity ETF | Foreign Large Cap Equities | 67 | 15.67% | 67.19B | Nov 2009 | SCHM vs SCHF | |
| Schwab International Dividend Equity ETF | Dividend, Foreign Large Cap Equities | 60 | 8.01% | 2.29B | Apr 2021 | SCHM vs SCHY | |
| Schwab U.S. Large-Cap Value ETF | Large Cap Value Equities | 90 | 18.75% | 15.79B | Dec 2009 | SCHM vs SCHV | |
| Schwab Fundamental U.S. Large Company Index ETF | Large Cap Value Equities | 92 | 14.75% | 26.73B | Aug 2013 | SCHM vs FNDX | |
| Schwab Fundamental International Equity ETF | Foreign Large Cap Equities, Large Cap Value Equities | 84 | 17.67% | 24.80B | Aug 2013 | SCHM vs FNDF | |
| Schwab U.S. Small-Cap ETF | Small Cap Blend Equities | 86 | 25.74% | 23.58B | Nov 2009 | SCHM vs SCHA |
Often Compared With SCHM
Investors most often compare SCHM with VOO, SWMCX, VOT. These 20 comparison targets span 7 categories, based on PortfoliosLab usage data.
Compare SCHM with Any Fund or Stock
Compare SCHM with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair SCHM with funds that move differently
Schwab US Mid-Cap ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to SCHM.
Explore SCHM Diversifiers