SCHM vs SCHZ
Schwab U.S. Mid-Cap ETF vs Schwab U.S. Aggregate Bond ETF
Last updated: 2026-04-02
Schwab U.S. Mid-Cap ETF (SCHM) is an exchange-traded fund issued by Schwab that provides exposure to mid-cap U.S. companies balancing growth potential and stability. It charges a very low expense ratio of 0.04%. The fund offers a moderate dividend yield of 1.40%. Launched in 2011, the fund has a 15-year track record.
Schwab U.S. Aggregate Bond ETF (SCHZ) is an exchange-traded fund issued by Schwab that provides exposure to the broad U.S. investment-grade bond market. It charges a very low expense ratio of 0.03%. The fund offers a high dividend yield of 4.09%. Launched in 2011, the fund has a 15-year track record.
Quick Verdict
Both funds have nearly identical expense ratios (0.03% vs 0.04%), so fees are not a differentiator here. Over the past year, SCHM has significantly outperformed with a 18.8% return vs -0.1%. Income investors may prefer SCHZ for its higher yield (4.1% vs 1.4%).
Key Metrics
Performance Chart
Indexed to 100 at start (5-year comparison)
Performance Comparison
Fee Impact Over Time
Estimated fee cost difference assuming 8% annual returns
Risk Metrics
Based on 5 years of daily returns
Dividend Comparison
Top Holdings
SCHM Top Holdings
| Name | Weight |
|---|---|
| Sandisk CorporationSNDK | 1.95% |
| Ciena CorporationCIEN | 1.21% |
| Lumentum Holdings Inc.LITE | 1.07% |
| Coherent Corp.COHR | 0.98% |
| Bloom Energy CorporationBE | 0.74% |
| Texas Pacific Land CorporationTPL | 0.63% |
| TechnipFMC plcFTI | 0.62% |
| Tapestry, Inc.TPR | 0.60% |
| Casey's General Stores, Inc.CASY | 0.57% |
| FTAI Aviation Ltd.FTAI | 0.53% |
Which One Should You Choose?
Choose SCHM if...
recent performance momentum matters to your strategy. Note that past performance doesn't guarantee future results.
Choose SCHZ if...
you prioritize dividend income and want higher regular distributions from your portfolio.