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 0.88, 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:
0.29
SCHM:
0.10
SWMCX:
0.60
SCHM:
0.35
SWMCX:
1.08
SCHM:
1.05
SWMCX:
0.29
SCHM:
0.13
SWMCX:
0.97
SCHM:
0.42
SWMCX:
6.57%
SCHM:
7.13%
SWMCX:
19.57%
SCHM:
21.25%
SWMCX:
-40.34%
SCHM:
-42.43%
SWMCX:
-9.62%
SCHM:
-11.52%
Returns By Period
In the year-to-date period, SWMCX achieves a -1.58% return, which is significantly higher than SCHM's -4.34% return.
SWMCX
-1.58%
6.53%
-6.81%
5.62%
12.59%
N/A
SCHM
-4.34%
5.34%
-8.85%
2.20%
13.13%
9.39%
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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 Rank
SWMCX
SCHM
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's dividend yield for the trailing twelve months is around 2.64%, more than SCHM's 1.47% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SWMCX Schwab U.S. Mid-Cap Index Fund | 2.64% | 2.60% | 1.49% | 1.59% | 2.93% | 1.45% | 2.44% | 1.41% | 0.00% | 0.00% | 0.00% | 0.00% |
SCHM Schwab US Mid-Cap ETF | 1.47% | 1.43% | 1.50% | 1.67% | 1.14% | 1.31% | 1.48% | 1.56% | 1.27% | 1.51% | 1.54% | 1.48% |
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
The current volatility for Schwab U.S. Mid-Cap Index Fund (SWMCX) is 6.76%, while Schwab US Mid-Cap ETF (SCHM) has a volatility of 7.19%. This indicates that SWMCX experiences smaller price fluctuations and is considered to be less risky than SCHM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.