SCHM vs. USCF

Last updated Jun 4, 2026

SCHM (Schwab US Mid-Cap ETF) and USCF (Themes US Cash Flow Champions ETF) are both exchange-traded funds - SCHM is a Mid Cap Growth Equities fund tracking the Dow Jones US Total Stock Market Mid-Cap, while USCF is a Large Cap Value Equities fund tracking the Solactive US Cash Flow Champions Index - Benchmark TR Gross. Both are passively managed. Over the past year, SCHM returned 32.45% vs 16.50% for USCF. A 0.72 correlation means they provide meaningful diversification when combined. SCHM charges 0.04%/yr vs 0.29%/yr for USCF.

Performance

SCHM vs. USCF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Schwab US Mid-Cap ETF (SCHM) and Themes US Cash Flow Champions ETF (USCF). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SCHM achieves a 19.05% return, which is significantly higher than USCF's 3.99% return.

SCHM

• 1D: -0.03%
• 1M: 5.28%
• YTD: 19.05%
• 6M: 19.54%
• 1Y: 32.45%
• 3Y*: 18.14%
• 5Y*: 8.07%
• 10Y*: 11.37%

USCF

• 1D: -0.16%
• 1M: 1.07%
• YTD: 3.99%
• 6M: 4.77%
• 1Y: 16.50%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SCHM vs. USCF - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
SCHM Schwab US Mid-Cap ETF	19.05%	10.17%	11.98%	2.85%
USCF Themes US Cash Flow Champions ETF	3.99%	15.71%	17.65%	2.14%

Correlation

The correlation between SCHM and USCF is 0.67, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.67
Correlation (All Time) Calculated using the full available price history since Dec 14, 2023	0.72

The correlation between SCHM and USCF has been stable across timeframes, ranging from 0.67 to 0.72 - a consistent structural relationship.

SCHM vs. USCF - Sectors Allocation Comparison

Sectors	SCHM	USCF
Technology	22.0%	9.7%
Industrials	21.4%	0.4%
Financial Services	11.3%	43.1%
Healthcare	10.8%	16.6%
Consumer Cyclical	10.3%	2.7%
Real Estate	6.5%	0.1%
Basic Materials	4.7%	1.7%
Consumer Defensive	3.8%	3.4%
Energy	3.6%	21.1%
Utilities	3.0%	-
Communication Services	2.6%	0.6%

Return for Risk

SCHM vs. USCF — Risk / Return Rank

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

SCHM

SCHM Risk / Return Rank: 65
SCHM Sharpe Ratio Rank: 61
SCHM Sortino Ratio Rank: 62
SCHM Omega Ratio Rank: 58
SCHM Calmar Ratio Rank: 69
SCHM Martin Ratio Rank: 73

USCF

USCF Risk / Return Rank: 44
USCF Sharpe Ratio Rank: 36
USCF Sortino Ratio Rank: 34
USCF Omega Ratio Rank: 37
USCF Calmar Ratio Rank: 59
USCF Martin Ratio Rank: 52

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.

SCHM vs. USCF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Schwab US Mid-Cap ETF (SCHM) and Themes US Cash Flow Champions ETF (USCF). 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	USCF	Difference
Sharpe ratio: Return per unit of total volatility	2.09	1.29	+0.80
Sortino ratio: Return per unit of downside risk	2.94	1.83	+1.12
Omega ratio: Gain probability vs. loss probability	1.36	1.24	+0.12
Calmar ratio: Return relative to maximum drawdown	3.50	2.88	+0.61
Martin ratio: Return relative to average drawdown	14.11	8.69	+5.42
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SCHM vs. USCF - Sharpe Ratio Comparison

The current SCHM Sharpe Ratio is 2.09, which is higher than the USCF Sharpe Ratio of 1.29. The chart below compares the historical Sharpe Ratios of SCHM and USCF, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	SCHM	USCF	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.09	1.29	+0.80
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.41	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.56	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.59	1.07	-0.48

Drawdowns

SCHM vs. USCF - Drawdown Comparison

The maximum SCHM drawdown since its inception was -42.43%, which is greater than USCF's maximum drawdown of -16.67%. Use the drawdown chart below to compare losses from any high point for SCHM and USCF.

Drawdown Indicators

	SCHM	USCF	Difference
Max Drawdown Largest peak-to-trough decline	-42.43%	-16.67%	-25.76%
Max Drawdown (1Y) Largest decline over 1 year	-9.32%	-5.75%	-3.57%
Max Drawdown (3Y) Largest decline over 3 years	-23.27%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-26.46%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-42.43%	—	—
Current Drawdown Current decline from peak	-0.03%	-0.75%	+0.72%
Average Drawdown Average peak-to-trough decline	-5.66%	-2.23%	-3.43%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.31%	1.90%	+0.41%

Volatility

SCHM vs. USCF - Volatility Comparison

Schwab US Mid-Cap ETF (SCHM) has a higher volatility of 4.72% compared to Themes US Cash Flow Champions ETF (USCF) at 2.52%. This indicates that SCHM's price experiences larger fluctuations and is considered to be riskier than USCF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SCHM	USCF	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.72%	2.52%	+2.20%
Volatility (6M) Calculated over the trailing 6-month period	11.74%	10.07%	+1.67%
Volatility (1Y) Calculated over the trailing 1-year period	15.62%	12.82%	+2.80%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.56%	15.16%	+4.40%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.46%	15.16%	+5.30%

SCHM vs. USCF - Expense Ratio Comparison

SCHM has a 0.04% expense ratio, which is lower than USCF's 0.29% expense ratio.

Dividends

SCHM vs. USCF - Dividend Comparison

SCHM's dividend yield for the trailing twelve months is around 1.22%, less than USCF's 1.77% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SCHM Schwab US Mid-Cap ETF	1.22%	1.46%	1.43%	1.50%	1.67%	1.13%	1.31%	1.48%	1.56%	1.27%	1.51%	1.54%
USCF Themes US Cash Flow Champions ETF	1.77%	1.84%	1.19%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both SCHM and USCF in my portfolio?

SCHM and USCF have a correlation of 0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SCHM or USCF?

SCHM has higher volatility (4.72%) compared to USCF (2.52%). In terms of maximum drawdown, SCHM dropped -42.43% vs USCF's -16.67%.

Which ETF is better, SCHM or USCF?

On 1-year performance, SCHM leads with 32.45% vs 16.50% for USCF. On fees, SCHM is cheaper at 0.04% per year. On volatility, USCF has been the lower-risk option at 2.52%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SCHM or USCF?

Over the 1-year period, SCHM has performed better with a 32.45% return vs 16.50%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SCHM or USCF?

SCHM is cheaper with a 0.04% expense ratio, compared with 0.29% for USCF.

Which ETF pays a higher dividend yield, SCHM or USCF?

USCF has the higher dividend yield at 1.77%, compared with 1.22% for SCHM.

What is the main difference between SCHM and USCF?

SCHM is categorized as Mid Cap Growth Equities, while USCF is Large Cap Value Equities. SCHM tracks Dow Jones US Total Stock Market Mid-Cap, while USCF tracks Solactive US Cash Flow Champions Index - Benchmark TR Gross. They also come from different issuers: Charles Schwab and Themes. Their fees differ too: 0.04% for SCHM and 0.29% for USCF.

Which has better risk-adjusted returns?

SCHM currently has the higher Sharpe Ratio (2.09 vs 1.29), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.