SWMCX vs. SCHM
Compare and contrast key facts about Schwab U.S. Mid-Cap Index Fund (SWMCX) and Schwab US Mid-Cap ETF (SCHM).
SWMCX is managed by Charles Schwab. It was launched on Dec 20, 2017. 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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SWMCX or SCHM.
Correlation
The correlation between SWMCX and SCHM 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.
Performance
SWMCX vs. SCHM - Performance Comparison
Key characteristics
SWMCX:
1.06
SCHM:
0.94
SWMCX:
1.49
SCHM:
1.36
SWMCX:
1.19
SCHM:
1.17
SWMCX:
1.46
SCHM:
1.72
SWMCX:
5.37
SCHM:
4.66
SWMCX:
2.68%
SCHM:
3.02%
SWMCX:
13.60%
SCHM:
14.95%
SWMCX:
-40.34%
SCHM:
-42.43%
SWMCX:
-8.48%
SCHM:
-6.94%
Returns By Period
The year-to-date returns for both stocks are quite close, with SWMCX having a 13.61% return and SCHM slightly lower at 13.42%.
SWMCX
13.61%
-7.55%
7.55%
13.98%
9.61%
N/A
SCHM
13.42%
-5.68%
8.40%
13.48%
10.26%
10.60%
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SWMCX vs. SCHM - Expense Ratio Comparison
Both SWMCX and SCHM 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%.
Risk-Adjusted Performance
SWMCX vs. SCHM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab U.S. Mid-Cap Index Fund (SWMCX) and Schwab US Mid-Cap ETF (SCHM). 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
SWMCX vs. SCHM - Dividend Comparison
SWMCX has not paid dividends to shareholders, while SCHM's dividend yield for the trailing twelve months is around 2.80%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SWMCX Schwab U.S. Mid-Cap Index Fund | 0.00% | 1.49% | 1.50% | 1.00% | 1.45% | 1.40% | 1.17% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SCHM Schwab US Mid-Cap ETF | 2.80% | 3.88% | 2.57% | 1.79% | 2.54% | 1.48% | 2.13% | 2.90% | 2.80% | 3.95% | 2.89% | 2.64% |
Drawdowns
SWMCX vs. SCHM - Drawdown Comparison
The maximum SWMCX drawdown since its inception was -40.34%, roughly equal to the maximum SCHM drawdown of -42.43%. Use the drawdown chart below to compare losses from any high point for SWMCX and SCHM. For additional features, visit the drawdowns tool.
Volatility
SWMCX vs. SCHM - Volatility Comparison
Schwab U.S. Mid-Cap Index Fund (SWMCX) has a higher volatility of 5.38% compared to Schwab US Mid-Cap ETF (SCHM) at 4.82%. This indicates that SWMCX's price experiences larger fluctuations and is considered to be riskier than SCHM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.