SCHM vs. IWR
Compare and contrast key facts about Schwab US Mid-Cap ETF (SCHM) and iShares Russell Midcap ETF (IWR).
SCHM and IWR are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SCHM is a passively managed fund by Charles Schwab that tracks the performance of the Dow Jones US Total Stock Market Mid-Cap. It was launched on Jan 13, 2011. IWR is a passively managed fund by iShares that tracks the performance of the Russell Midcap Index. It was launched on Jul 17, 2001. Both SCHM and IWR are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SCHM or IWR.
Performance
SCHM vs. IWR - Performance Comparison
Returns By Period
In the year-to-date period, SCHM achieves a 15.07% return, which is significantly lower than IWR's 18.94% return. Over the past 10 years, SCHM has outperformed IWR with an annualized return of 10.65%, while IWR has yielded a comparatively lower 9.89% annualized return.
SCHM
15.07%
0.92%
7.26%
27.32%
10.50%
10.65%
IWR
18.94%
1.69%
10.62%
30.71%
11.18%
9.89%
Key characteristics
| SCHM | IWR | |
|---|---|---|
| Sharpe Ratio | 1.89 | 2.41 |
| Sortino Ratio | 2.63 | 3.32 |
| Omega Ratio | 1.33 | 1.41 |
| Calmar Ratio | 2.08 | 2.24 |
| Martin Ratio | 9.92 | 13.81 |
| Ulcer Index | 2.86% | 2.30% |
| Daily Std Dev | 15.04% | 13.19% |
| Max Drawdown | -42.43% | -58.79% |
| Current Drawdown | -3.02% | -2.08% |
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SCHM vs. IWR - Expense Ratio Comparison
SCHM has a 0.04% expense ratio, which is lower than IWR's 0.19% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Correlation
The correlation between SCHM and IWR is 0.99, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Risk-Adjusted Performance
SCHM vs. IWR - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab US Mid-Cap ETF (SCHM) and iShares Russell Midcap ETF (IWR). 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.
Dividends
SCHM vs. IWR - Dividend Comparison
SCHM's dividend yield for the trailing twelve months is around 3.51%, more than IWR's 1.25% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SCHM Schwab US Mid-Cap ETF | 3.51% | 3.03% | 4.48% | 2.75% | 2.40% | 3.04% | 2.93% | 2.82% | 3.94% | 3.16% | 3.80% | 3.19% |
IWR iShares Russell Midcap ETF | 1.25% | 1.43% | 1.59% | 1.05% | 1.28% | 1.43% | 1.98% | 1.52% | 1.72% | 1.59% | 1.45% | 1.31% |
Drawdowns
SCHM vs. IWR - Drawdown Comparison
The maximum SCHM drawdown since its inception was -42.43%, smaller than the maximum IWR drawdown of -58.79%. Use the drawdown chart below to compare losses from any high point for SCHM and IWR. For additional features, visit the drawdowns tool.
Volatility
SCHM vs. IWR - Volatility Comparison
Schwab US Mid-Cap ETF (SCHM) has a higher volatility of 5.06% compared to iShares Russell Midcap ETF (IWR) at 4.25%. This indicates that SCHM's price experiences larger fluctuations and is considered to be riskier than IWR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.