SCHM vs. SCHA
Compare and contrast key facts about Schwab US Mid-Cap ETF (SCHM) and Schwab U.S. Small-Cap ETF (SCHA).
SCHM and SCHA 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. SCHA is a passively managed fund by Charles Schwab that tracks the performance of the Dow Jones U.S. Small-Cap Total Stock Market Total Return Index. It was launched on Nov 3, 2009. Both SCHM and SCHA 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 SCHA.
Performance
SCHM vs. SCHA - Performance Comparison
Returns By Period
The year-to-date returns for both stocks are quite close, with SCHM having a 17.92% return and SCHA slightly lower at 17.38%. Over the past 10 years, SCHM has outperformed SCHA with an annualized return of 10.86%, while SCHA has yielded a comparatively lower 9.46% annualized return.
SCHM
17.92%
5.17%
12.25%
29.69%
11.09%
10.86%
SCHA
17.38%
6.12%
16.13%
32.63%
10.65%
9.46%
Key characteristics
| SCHM | SCHA | |
|---|---|---|
| Sharpe Ratio | 2.02 | 1.73 |
| Sortino Ratio | 2.80 | 2.45 |
| Omega Ratio | 1.35 | 1.30 |
| Calmar Ratio | 2.33 | 1.61 |
| Martin Ratio | 10.63 | 9.80 |
| Ulcer Index | 2.87% | 3.42% |
| Daily Std Dev | 15.08% | 19.39% |
| Max Drawdown | -42.43% | -42.41% |
| Current Drawdown | -0.61% | -2.35% |
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SCHM vs. SCHA - Expense Ratio Comparison
Both SCHM and SCHA have an expense ratio of 0.04%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Correlation
The correlation between SCHM and SCHA is 0.97, 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. SCHA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab US Mid-Cap ETF (SCHM) 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.
Dividends
SCHM vs. SCHA - Dividend Comparison
SCHM's dividend yield for the trailing twelve months is around 2.84%, more than SCHA's 1.53% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SCHM Schwab US Mid-Cap ETF | 2.84% | 3.10% | 5.01% | 2.21% | 2.48% | 3.81% | 2.37% | 2.68% | 3.94% | 2.33% | 4.45% | 2.56% |
SCHA Schwab U.S. Small-Cap ETF | 1.53% | 2.04% | 1.69% | 1.69% | 2.10% | 1.97% | 1.62% | 1.49% | 2.39% | 2.96% | 2.90% | 1.37% |
Drawdowns
SCHM vs. SCHA - Drawdown Comparison
The maximum SCHM drawdown since its inception was -42.43%, roughly equal to the maximum SCHA drawdown of -42.41%. Use the drawdown chart below to compare losses from any high point for SCHM and SCHA. For additional features, visit the drawdowns tool.
Volatility
SCHM vs. SCHA - Volatility Comparison
The current volatility for Schwab US Mid-Cap ETF (SCHM) is 5.01%, while Schwab U.S. Small-Cap ETF (SCHA) has a volatility of 6.77%. This indicates that SCHM experiences smaller price fluctuations and is considered to be less risky than SCHA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.