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SCHM vs. SPMD
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between SCHM and SPMD is 0.93, 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.


-0.50.00.51.00.9

Performance

SCHM vs. SPMD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Schwab US Mid-Cap ETF (SCHM) and SPDR Portfolio S&P 400 Mid Cap ETF (SPMD). The values are adjusted to include any dividend payments, if applicable.

0.00%5.00%10.00%15.00%JulyAugustSeptemberOctoberNovemberDecember
8.56%
7.86%
SCHM
SPMD

Key characteristics

Sharpe Ratio

SCHM:

1.04

SPMD:

1.01

Sortino Ratio

SCHM:

1.48

SPMD:

1.49

Omega Ratio

SCHM:

1.19

SPMD:

1.18

Calmar Ratio

SCHM:

1.90

SPMD:

1.92

Martin Ratio

SCHM:

5.19

SPMD:

5.47

Ulcer Index

SCHM:

2.99%

SPMD:

2.95%

Daily Std Dev

SCHM:

15.00%

SPMD:

15.92%

Max Drawdown

SCHM:

-42.43%

SPMD:

-57.62%

Current Drawdown

SCHM:

-7.14%

SPMD:

-7.45%

Returns By Period

In the year-to-date period, SCHM achieves a 13.18% return, which is significantly lower than SPMD's 14.37% return. Over the past 10 years, SCHM has outperformed SPMD with an annualized return of 10.63%, while SPMD has yielded a comparatively lower 9.32% annualized return.


SCHM

YTD

13.18%

1M

-3.14%

6M

8.56%

1Y

13.83%

5Y*

10.21%

10Y*

10.63%

SPMD

YTD

14.37%

1M

-2.27%

6M

8.10%

1Y

16.13%

5Y*

10.38%

10Y*

9.32%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


SCHM vs. SPMD - Expense Ratio Comparison

SCHM has a 0.04% expense ratio, which is lower than SPMD's 0.05% 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%.


SPMD
SPDR Portfolio S&P 400 Mid Cap ETF
Expense ratio chart for SPMD: current value at 0.05% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.05%
Expense ratio chart for SCHM: current value at 0.04% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.04%

Risk-Adjusted Performance

SCHM vs. SPMD - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Schwab US Mid-Cap ETF (SCHM) and SPDR Portfolio S&P 400 Mid Cap ETF (SPMD). 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.


Sharpe ratio
The chart of Sharpe ratio for SCHM, currently valued at 1.04, compared to the broader market0.002.004.001.041.01
The chart of Sortino ratio for SCHM, currently valued at 1.48, compared to the broader market-2.000.002.004.006.008.0010.001.481.49
The chart of Omega ratio for SCHM, currently valued at 1.19, compared to the broader market0.501.001.502.002.503.001.191.18
The chart of Calmar ratio for SCHM, currently valued at 1.90, compared to the broader market0.005.0010.0015.001.901.92
The chart of Martin ratio for SCHM, currently valued at 5.19, compared to the broader market0.0020.0040.0060.0080.00100.005.195.47
SCHM
SPMD

The current SCHM Sharpe Ratio is 1.04, which is comparable to the SPMD Sharpe Ratio of 1.01. The chart below compares the historical Sharpe Ratios of SCHM and SPMD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.501.001.502.002.50JulyAugustSeptemberOctoberNovemberDecember
1.04
1.01
SCHM
SPMD

Dividends

SCHM vs. SPMD - Dividend Comparison

SCHM's dividend yield for the trailing twelve months is around 1.43%, more than SPMD's 1.03% yield.


TTM20232022202120202019201820172016201520142013
SCHM
Schwab US Mid-Cap ETF
1.43%3.60%2.73%2.52%1.91%3.27%2.26%1.76%3.51%3.16%2.21%2.56%
SPMD
SPDR Portfolio S&P 400 Mid Cap ETF
1.03%1.47%1.64%1.24%1.30%1.57%1.85%1.97%2.13%5.33%5.71%10.67%

Drawdowns

SCHM vs. SPMD - Drawdown Comparison

The maximum SCHM drawdown since its inception was -42.43%, smaller than the maximum SPMD drawdown of -57.62%. Use the drawdown chart below to compare losses from any high point for SCHM and SPMD. For additional features, visit the drawdowns tool.


-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-7.14%
-7.45%
SCHM
SPMD

Volatility

SCHM vs. SPMD - Volatility Comparison

The current volatility for Schwab US Mid-Cap ETF (SCHM) is 5.13%, while SPDR Portfolio S&P 400 Mid Cap ETF (SPMD) has a volatility of 5.45%. This indicates that SCHM experiences smaller price fluctuations and is considered to be less risky than SPMD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


3.00%4.00%5.00%6.00%7.00%JulyAugustSeptemberOctoberNovemberDecember
5.13%
5.45%
SCHM
SPMD
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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