RESM vs. SCHA

Last updated Jul 4, 2026

RESM (Columbia Research Enhanced Small Cap ETF) and SCHA (Schwab U.S. Small-Cap ETF) are both Small Cap Blend Equities funds - RESM tracks the Beta Advantage Research Enhanced Small Cap Index while SCHA tracks the Dow Jones U.S. Small-Cap Total Stock Market Index. Both are passively managed. Their correlation of 0.94 suggests significant overlap in exposure. RESM charges 0.32%/yr vs 0.04%/yr for SCHA.

Performance

RESM vs. SCHA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Columbia Research Enhanced Small Cap ETF (RESM) and Schwab U.S. Small-Cap ETF (SCHA). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RESM achieves a 21.67% return, which is significantly lower than SCHA's 23.13% return.

RESM

• 1D: -0.58%
• 1M: 5.32%
• 6M: 21.06%
• YTD: 21.67%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

SCHA

• 1D: -1.97%
• 1M: 2.79%
• 6M: 21.76%
• YTD: 23.13%
• 1Y: 35.50%
• 3Y*: 18.25%
• 5Y*: 7.56%
• 10Y*: 11.45%

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

RESM vs. SCHA - Yearly Performance Comparison

	2026 (YTD)	2025
RESM Columbia Research Enhanced Small Cap ETF	21.67%	-3.32%
SCHA Schwab U.S. Small-Cap ETF	23.13%	-2.57%

Correlation

The correlation between RESM and SCHA is 0.94, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 11, 2025	0.94

Return for Risk

RESM vs. SCHA — Risk / Return Rank

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

RESM

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

SCHA

SCHA Risk / Return Rank: 77
SCHA Sharpe Ratio Rank: 74
SCHA Sortino Ratio Rank: 74
SCHA Omega Ratio Rank: 66
SCHA Calmar Ratio Rank: 85
SCHA Martin Ratio Rank: 84

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.

RESM vs. SCHA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Columbia Research Enhanced Small Cap ETF (RESM) and Schwab U.S. Small-Cap ETF (SCHA). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	RESM	SCHA	Difference
Sharpe ratio: Return per unit of total volatility	—	1.94	—
Sortino ratio: Return per unit of downside risk	—	2.74	—
Omega ratio: Gain probability vs. loss probability	—	1.32	—
Calmar ratio: Return relative to maximum drawdown	—	3.85	—
Martin ratio: Return relative to average drawdown	—	14.04	—

Drawdowns

RESM vs. SCHA - Drawdown Comparison

The maximum RESM drawdown since its inception was -8.50%, smaller than the maximum SCHA drawdown of -42.41%. Use the drawdown chart below to compare losses from any high point for RESM and SCHA.

Drawdown Indicators

	RESM	SCHA	Difference
Max Drawdown Largest peak-to-trough decline	-8.50%	-42.41%	+33.91%
Max Drawdown (1Y) Largest decline over 1 year	—	-9.50%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-27.29%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-30.79%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-42.41%	—
Current Drawdown Current decline from peak	-0.95%	-3.35%	+2.40%
Average Drawdown Average peak-to-trough decline	-1.77%	-7.55%	+5.78%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.60%	—

Volatility

Volatility by Period

	RESM	SCHA	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	7.42%	—
Volatility (6M) Calculated over the trailing 6-month period	—	14.28%	—
Volatility (1Y) Calculated over the trailing 1-year period	17.36%	18.95%	-1.59%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.36%	22.09%	-4.73%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.36%	22.72%	-5.36%

RESM vs. SCHA - Expense Ratio Comparison

RESM has a 0.32% expense ratio, which is higher than SCHA's 0.04% expense ratio.

Dividends

RESM vs. SCHA - Dividend Comparison

RESM's dividend yield for the trailing twelve months is around 0.08%, less than SCHA's 1.02% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
RESM Columbia Research Enhanced Small Cap ETF	0.08%	0.09%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SCHA Schwab U.S. Small-Cap ETF	1.02%	1.26%	1.51%	1.42%	1.37%	1.19%	1.05%	1.39%	1.58%	1.24%	1.50%	1.48%

Frequently Asked Questions

Can I hold both RESM and SCHA in my portfolio?

With a correlation of 0.94, RESM and SCHA 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 ETF is better, RESM or SCHA?

On fees, SCHA is cheaper at 0.04% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, RESM or SCHA?

SCHA is cheaper with a 0.04% expense ratio, compared with 0.32% for RESM.

Which ETF pays a higher dividend yield, RESM or SCHA?

SCHA has the higher dividend yield at 1.02%, compared with 0.08% for RESM.

What is the main difference between RESM and SCHA?

RESM tracks Beta Advantage Research Enhanced Small Cap Index, while SCHA tracks Dow Jones U.S. Small-Cap Total Stock Market Index. They also come from different issuers: Columbia Threadneedle and Charles Schwab. Their fees differ too: 0.32% for RESM and 0.04% for SCHA.