AMID vs. SCHM

Last updated Jun 3, 2026

AMID (Argent Mid Cap ETF) and SCHM (Schwab US Mid-Cap ETF) are both Mid Cap Growth Equities funds. AMID is actively managed, while SCHM is passively managed. Over the past 3 years, AMID returned 12.46%/yr vs 18.15%/yr for SCHM. Their correlation of 0.92 suggests significant overlap in exposure. AMID charges 0.52%/yr vs 0.04%/yr for SCHM.

Performance

AMID vs. SCHM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Argent Mid Cap ETF (AMID) and Schwab US Mid-Cap ETF (SCHM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AMID achieves a 5.85% return, which is significantly lower than SCHM's 19.08% return.

AMID

• 1D: 1.66%
• 1M: 1.14%
• YTD: 5.85%
• 6M: 4.01%
• 1Y: 10.45%
• 3Y*: 12.46%
• 5Y*: —
• 10Y*: —

SCHM

• 1D: 1.08%
• 1M: 4.90%
• YTD: 19.08%
• 6M: 20.61%
• 1Y: 34.01%
• 3Y*: 18.15%
• 5Y*: 8.23%
• 10Y*: 11.37%

*Multi-year figures are annualized to reflect compound growth (CAGR)

AMID vs. SCHM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
AMID Argent Mid Cap ETF	5.85%	-1.39%	13.06%	31.26%	-6.22%
SCHM Schwab US Mid-Cap ETF	19.08%	10.17%	11.98%	16.69%	-7.47%

Correlation

The correlation between AMID and SCHM is 0.92, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.92
Correlation (3Y) Calculated over the trailing 3-year period	0.91
Correlation (All Time) Calculated using the full available price history since Aug 18, 2022	0.92

The correlation between AMID and SCHM has been stable across timeframes, ranging from 0.91 to 0.92 - a consistent structural relationship.

AMID vs. SCHM - Sectors Allocation Comparison

Sectors	AMID	SCHM
Industrials	32.1%	21.4%
Technology	18.1%	22.0%
Financial Services	14.7%	11.3%
Consumer Cyclical	11.4%	10.3%
Healthcare	7.2%	10.8%
Energy	4.3%	3.6%
Basic Materials	3.4%	4.7%
Real Estate	3.3%	6.5%
Utilities	2.9%	3.0%
Consumer Defensive	2.6%	3.8%
Communication Services	-	2.6%

Return for Risk

AMID vs. SCHM — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AMID

AMID Risk / Return Rank: 20
AMID Sharpe Ratio Rank: 20
AMID Sortino Ratio Rank: 20
AMID Omega Ratio Rank: 19
AMID Calmar Ratio Rank: 19
AMID Martin Ratio Rank: 22

SCHM

SCHM Risk / Return Rank: 68
SCHM Sharpe Ratio Rank: 65
SCHM Sortino Ratio Rank: 66
SCHM Omega Ratio Rank: 62
SCHM Calmar Ratio Rank: 72
SCHM Martin Ratio Rank: 76

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AMID vs. SCHM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Argent Mid Cap ETF (AMID) and Schwab US Mid-Cap ETF (SCHM). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	AMID	SCHM	Difference
Sharpe ratio Return per unit of total volatility	0.65	2.19	-1.54
Sortino ratio Return per unit of downside risk	1.06	3.06	-2.01
Omega ratio Gain probability vs. loss probability	1.12	1.38	-0.26
Calmar ratio Return relative to maximum drawdown	0.82	3.65	-2.83
Martin ratio Return relative to average drawdown	2.83	14.75	-11.92
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AMID vs. SCHM - Sharpe Ratio Comparison

The current AMID Sharpe Ratio is 0.65, which is lower than the SCHM Sharpe Ratio of 2.19. The chart below compares the historical Sharpe Ratios of AMID and SCHM, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	AMID	SCHM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.65	2.19	-1.54
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.42	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.56	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.55	0.59	-0.05

Drawdowns

AMID vs. SCHM - Drawdown Comparison

The maximum AMID drawdown since its inception was -23.32%, smaller than the maximum SCHM drawdown of -42.43%. Use the drawdown chart below to compare losses from any high point for AMID and SCHM.

Drawdown Indicators

	AMID	SCHM	Difference
Max Drawdown Largest peak-to-trough decline	-23.32%	-42.43%	+19.11%
Max Drawdown (1Y) Largest decline over 1 year	-12.31%	-9.32%	-2.99%
Max Drawdown (3Y) Largest decline over 3 years	-23.32%	-23.27%	-0.05%
Max Drawdown (5Y) Largest decline over 5 years	—	-26.46%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-42.43%	—
Current Drawdown Current decline from peak	-4.95%	0.00%	-4.95%
Average Drawdown Average peak-to-trough decline	-6.21%	-5.66%	-0.55%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.54%	2.31%	+1.23%

Volatility

AMID vs. SCHM - Volatility Comparison

Argent Mid Cap ETF (AMID) and Schwab US Mid-Cap ETF (SCHM) have volatilities of 4.54% and 4.75%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AMID	SCHM	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.54%	4.75%	-0.21%
Volatility (6M) Calculated over the trailing 6-month period	12.17%	11.77%	+0.40%
Volatility (1Y) Calculated over the trailing 1-year period	16.08%	15.62%	+0.46%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.11%	19.56%	-0.45%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.11%	20.47%	-1.36%

AMID vs. SCHM - Expense Ratio Comparison

AMID has a 0.52% expense ratio, which is higher than SCHM's 0.04% expense ratio.

Dividends

AMID vs. SCHM - Dividend Comparison

AMID's dividend yield for the trailing twelve months is around 0.34%, less than SCHM's 1.22% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AMID Argent Mid Cap ETF	0.34%	0.36%	0.33%	0.43%	0.25%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SCHM Schwab US Mid-Cap ETF	1.22%	1.46%	1.43%	1.50%	1.67%	1.13%	1.31%	1.48%	1.56%	1.27%	1.51%	1.54%

Frequently Asked Questions

Can I hold both AMID and SCHM in my portfolio?

With a correlation of 0.92, AMID and SCHM move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, AMID or SCHM?

SCHM has higher volatility (4.75%) compared to AMID (4.54%). In terms of maximum drawdown, AMID dropped -23.32% vs SCHM's -42.43%.

Which ETF is better, AMID or SCHM?

On 3-year performance, SCHM leads with 18.15% vs 12.46% for AMID. On fees, SCHM is cheaper at 0.04% per year. On volatility, AMID has been the lower-risk option at 4.54%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, AMID or SCHM?

Over the 3-year period, SCHM has performed better with a 18.15% return vs 12.46%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, AMID or SCHM?

SCHM is cheaper with a 0.04% expense ratio, compared with 0.52% for AMID.

Which ETF pays a higher dividend yield, AMID or SCHM?

SCHM has the higher dividend yield at 1.22%, compared with 0.34% for AMID.

What is the main difference between AMID and SCHM?

They also come from different issuers: Argent and Charles Schwab. Their fees differ too: 0.52% for AMID and 0.04% for SCHM.

Which has better risk-adjusted returns?

SCHM currently has the higher Sharpe Ratio (2.19 vs 0.65), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.