PortfoliosLab logoPortfoliosLab logo
SWMCX vs. SPMD
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

SWMCX vs. SPMD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Schwab U.S. Mid-Cap Index Fund (SWMCX) and SPDR Portfolio S&P 400 Mid Cap ETF (SPMD). The values are adjusted to include any dividend payments, if applicable.

Loading graphics...

SWMCX vs. SPMD - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
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%
SPMD
SPDR Portfolio S&P 400 Mid Cap ETF
2.59%7.44%13.91%16.48%-13.13%24.76%13.46%25.19%-10.34%0.12%

Returns By Period

In the year-to-date period, SWMCX achieves a -1.32% return, which is significantly lower than SPMD's 2.59% return.


SWMCX

1D
-0.70%
1M
-7.73%
YTD
-1.32%
6M
-1.19%
1Y
12.94%
3Y*
12.30%
5Y*
6.67%
10Y*

SPMD

1D
2.99%
1M
-5.29%
YTD
2.59%
6M
4.27%
1Y
17.37%
3Y*
12.11%
5Y*
6.60%
10Y*
10.73%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


SWMCX vs. SPMD - Expense Ratio Comparison

SWMCX has a 0.04% expense ratio, which is lower than SPMD's 0.05% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.


Return for Risk

SWMCX vs. SPMD — Risk / Return Rank

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

SWMCX
SWMCX Risk / Return Rank: 3434
Overall Rank
SWMCX Sharpe Ratio Rank: 3232
Sharpe Ratio Rank
SWMCX Sortino Ratio Rank: 3333
Sortino Ratio Rank
SWMCX Omega Ratio Rank: 3333
Omega Ratio Rank
SWMCX Calmar Ratio Rank: 3131
Calmar Ratio Rank
SWMCX Martin Ratio Rank: 3939
Martin Ratio Rank

SPMD
SPMD Risk / Return Rank: 5252
Overall Rank
SPMD Sharpe Ratio Rank: 4949
Sharpe Ratio Rank
SPMD Sortino Ratio Rank: 5151
Sortino Ratio Rank
SPMD Omega Ratio Rank: 4949
Omega Ratio Rank
SPMD Calmar Ratio Rank: 5353
Calmar Ratio Rank
SPMD Martin Ratio Rank: 5959
Martin Ratio Rank
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.

SWMCX vs. SPMD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Schwab U.S. Mid-Cap Index Fund (SWMCX) and SPDR Portfolio S&P 400 Mid Cap ETF (SPMD). 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.


SWMCXSPMDDifference

Sharpe ratio

Return per unit of total volatility

0.72

0.83

-0.11

Sortino ratio

Return per unit of downside risk

1.12

1.30

-0.18

Omega ratio

Gain probability vs. loss probability

1.16

1.18

-0.02

Calmar ratio

Return relative to maximum drawdown

0.86

1.25

-0.39

Martin ratio

Return relative to average drawdown

4.04

5.41

-1.37

SWMCX vs. SPMD - Sharpe Ratio Comparison

The current SWMCX Sharpe Ratio is 0.72, which is comparable to the SPMD Sharpe Ratio of 0.83. The chart below compares the historical Sharpe Ratios of SWMCX and SPMD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Loading graphics...

Sharpe Ratios by Period


SWMCXSPMDDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.72

0.83

-0.11

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.37

0.34

+0.03

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.51

Sharpe Ratio (All Time)

Calculated using the full available price history

0.45

0.43

+0.02

Correlation

The correlation between SWMCX and SPMD is 0.96, 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

SWMCX vs. SPMD - Dividend Comparison

SWMCX's dividend yield for the trailing twelve months is around 2.15%, more than SPMD's 1.37% yield.


TTM20252024202320222021202020192018201720162015
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%
SPMD
SPDR Portfolio S&P 400 Mid Cap ETF
1.37%1.39%1.42%1.47%1.64%1.24%1.30%1.57%1.85%1.97%2.13%5.33%

Drawdowns

SWMCX vs. SPMD - Drawdown Comparison

The maximum SWMCX drawdown since its inception was -40.34%, smaller than the maximum SPMD drawdown of -57.62%. Use the drawdown chart below to compare losses from any high point for SWMCX and SPMD.


Loading graphics...

Drawdown Indicators


SWMCXSPMDDifference

Max Drawdown

Largest peak-to-trough decline

-40.34%

-57.62%

+17.28%

Max Drawdown (1Y)

Largest decline over 1 year

-13.43%

-14.12%

+0.69%

Max Drawdown (5Y)

Largest decline over 5 years

-26.09%

-24.08%

-2.01%

Max Drawdown (10Y)

Largest decline over 10 years

-41.86%

Current Drawdown

Current decline from peak

-8.15%

-6.13%

-2.02%

Average Drawdown

Average peak-to-trough decline

-6.75%

-8.18%

+1.43%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.87%

3.27%

-0.40%

Volatility

SWMCX vs. SPMD - Volatility Comparison

The current volatility for Schwab U.S. Mid-Cap Index Fund (SWMCX) is 4.80%, while SPDR Portfolio S&P 400 Mid Cap ETF (SPMD) has a volatility of 6.56%. This indicates that SWMCX experiences smaller price fluctuations and is considered to be less risky than SPMD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


Loading graphics...

Volatility by Period


SWMCXSPMDDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.80%

6.56%

-1.76%

Volatility (6M)

Calculated over the trailing 6-month period

10.19%

11.95%

-1.76%

Volatility (1Y)

Calculated over the trailing 1-year period

18.96%

21.11%

-2.15%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

18.23%

19.71%

-1.48%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

20.76%

21.18%

-0.42%