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.
Performance
SWMCX vs. SCHM - Performance Comparison
Returns By Period
In the year-to-date period, SWMCX achieves a 22.89% return, which is significantly higher than SCHM's 19.45% return.
SWMCX
22.89%
6.88%
15.52%
34.22%
12.08%
N/A
SCHM
19.45%
7.19%
12.68%
31.37%
11.37%
11.00%
Key characteristics
| SWMCX | SCHM | |
|---|---|---|
| Sharpe Ratio | 2.56 | 2.08 |
| Sortino Ratio | 3.51 | 2.86 |
| Omega Ratio | 1.44 | 1.36 |
| Calmar Ratio | 2.58 | 2.39 |
| Martin Ratio | 14.70 | 10.93 |
| Ulcer Index | 2.33% | 2.87% |
| Daily Std Dev | 13.34% | 15.11% |
| Max Drawdown | -40.34% | -42.43% |
| Current Drawdown | 0.00% | 0.00% |
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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%.
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.
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's dividend yield for the trailing twelve months is around 1.21%, less than SCHM's 2.80% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SWMCX Schwab U.S. Mid-Cap Index Fund | 1.21% | 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% | 3.10% | 2.20% | 2.98% | 2.10% | 2.89% | 3.33% | 2.20% | 2.80% | 2.99% | 3.08% | 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
The current volatility for Schwab U.S. Mid-Cap Index Fund (SWMCX) is 4.27%, while Schwab US Mid-Cap ETF (SCHM) has a volatility of 5.11%. 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.