SCHM vs. SWMCX
Compare and contrast key facts about Schwab US Mid-Cap ETF (SCHM) and Schwab U.S. Mid-Cap Index Fund (SWMCX).
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. SWMCX is managed by Charles Schwab. It was launched on Dec 20, 2017.
Performance
SCHM vs. SWMCX - Performance Comparison
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SCHM vs. SWMCX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SCHM Schwab US Mid-Cap ETF | 3.21% | 10.17% | 11.98% | 16.69% | -17.07% | 19.36% | 15.26% | 27.48% | -8.77% | 0.57% |
SWMCX Schwab U.S. Mid-Cap Index Fund | -1.32% | 10.54% | 15.28% | 17.20% | -17.31% | 22.55% | 17.03% | 30.46% | -9.16% | 0.40% |
Returns By Period
In the year-to-date period, SCHM achieves a 3.21% return, which is significantly higher than SWMCX's -1.32% return.
SCHM
- 1D
- 3.30%
- 1M
- -5.64%
- YTD
- 3.21%
- 6M
- 5.17%
- 1Y
- 19.92%
- 3Y*
- 12.71%
- 5Y*
- 5.81%
- 10Y*
- 10.20%
SWMCX
- 1D
- -0.70%
- 1M
- -7.73%
- YTD
- -1.32%
- 6M
- -1.19%
- 1Y
- 12.94%
- 3Y*
- 12.30%
- 5Y*
- 6.67%
- 10Y*
- —
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SCHM vs. SWMCX - Expense Ratio Comparison
Both SCHM and SWMCX 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%.
Return for Risk
SCHM vs. SWMCX — Risk / Return Rank
SCHM
SWMCX
SCHM vs. SWMCX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab US Mid-Cap ETF (SCHM) and Schwab U.S. Mid-Cap Index Fund (SWMCX). 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.
| SCHM | SWMCX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.95 | 0.72 | +0.23 |
Sortino ratioReturn per unit of downside risk | 1.45 | 1.12 | +0.33 |
Omega ratioGain probability vs. loss probability | 1.20 | 1.16 | +0.04 |
Calmar ratioReturn relative to maximum drawdown | 1.42 | 0.86 | +0.55 |
Martin ratioReturn relative to average drawdown | 6.23 | 4.04 | +2.19 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| SCHM | SWMCX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.95 | 0.72 | +0.23 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.30 | 0.37 | -0.07 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.50 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.54 | 0.45 | +0.10 |
Correlation
The correlation between SCHM and SWMCX is 0.98, 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.
Dividends
SCHM vs. SWMCX - Dividend Comparison
SCHM's dividend yield for the trailing twelve months is around 1.41%, less than SWMCX's 2.15% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SCHM Schwab US Mid-Cap ETF | 1.41% | 1.46% | 1.43% | 1.50% | 1.67% | 1.13% | 1.31% | 1.48% | 1.56% | 1.27% | 1.51% | 1.54% |
SWMCX Schwab U.S. Mid-Cap Index Fund | 2.15% | 2.13% | 2.60% | 1.49% | 1.59% | 2.93% | 1.45% | 2.44% | 1.41% | 0.00% | 0.00% | 0.00% |
Drawdowns
SCHM vs. SWMCX - Drawdown Comparison
The maximum SCHM drawdown since its inception was -42.43%, which is greater than SWMCX's maximum drawdown of -40.34%. Use the drawdown chart below to compare losses from any high point for SCHM and SWMCX.
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Drawdown Indicators
| SCHM | SWMCX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -42.43% | -40.34% | -2.09% |
Max Drawdown (1Y)Largest decline over 1 year | -14.16% | -13.43% | -0.73% |
Max Drawdown (5Y)Largest decline over 5 years | -26.46% | -26.09% | -0.37% |
Max Drawdown (10Y)Largest decline over 10 years | -42.43% | — | — |
Current DrawdownCurrent decline from peak | -6.32% | -8.15% | +1.83% |
Average DrawdownAverage peak-to-trough decline | -5.71% | -6.75% | +1.04% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.22% | 2.87% | +0.35% |
Volatility
SCHM vs. SWMCX - Volatility Comparison
Schwab US Mid-Cap ETF (SCHM) has a higher volatility of 6.87% compared to Schwab U.S. Mid-Cap Index Fund (SWMCX) at 4.80%. This indicates that SCHM's price experiences larger fluctuations and is considered to be riskier than SWMCX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SCHM | SWMCX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.87% | 4.80% | +2.07% |
Volatility (6M)Calculated over the trailing 6-month period | 12.04% | 10.19% | +1.85% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.13% | 18.96% | +2.17% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.52% | 18.23% | +1.29% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.41% | 20.76% | -0.35% |