MDY vs SCHM: holdings overlap, shared companies and scores

As of September 11, 2026, MDY and SCHM overlap 54.0% by weight. State Street SPDR S&P MIDCAP 400 ETF Trust (MDY): U.S. mid-cap stocks. Schwab U.S. Mid-Cap ETF (SCHM): U.S. mid-cap stocks.

Updated September 11, 2026

How much do MDY and SCHM overlap?

As of September 11, 2026, MDY and SCHM overlap 54.0% by weight.

82% of MDY is already inside SCHM.

54% of SCHM is already inside MDY.

MDY holds 396 companies and SCHM holds 487; 294 are in both.

Computed by ETF Copilot from both funds' holdings rather than quoted from a data provider, and rebuilt nightly.

How does ETF Copilot score MDY and SCHM?

As of September 11, 2026, ETF Copilot scores MDY 4.3 out of 10 and SCHM 4.9 out of 10.

They differ most on Growth: MDY 6.1 and SCHM 7.3.

The five factor scores behind them are set out below, 0–10 and higher is better, ranked against every US equity ETF we track.

MDY vs SCHM — ETF Copilot factor scores, 0–10
FactorMDYSCHM
Growth6.17.3
Valuation5.15.0
Risk3.74.8
Quality1.91.5
Return4.14.6

SCHM is the cheaper of the two at 0.03% a year

As of September 11, 2026, MDY charges 0.23% a year, yields 1.28% and holds $26.5B in assets across 396 positions.

As of September 11, 2026, SCHM charges 0.03% a year, yields 1.34% and holds $14.8B in assets across 487 positions.

MDY vs SCHM — cost, income and size
MeasureMDYSCHM
Expense ratio0.23%0.03%
Dividend yield1.28%1.34%
Assets under management$26.5B$14.8B
Holdings396487

Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.

Where MDY and SCHM trade against their own history

MDY trades at 20.2 times earnings, against its own median of 18.6, and is more expensive than 69% of its own 114 monthly readings since 2017.

SCHM trades at 20.3 times earnings, against its own median of 19.0, and is more expensive than 71% of its own 114 monthly readings since 2017.

What moved MDY and SCHM this week

MDY fell 1.7% in the week to September 11, 2026. The holdings that moved it most were Guidewire Software (−30.5%), Illumina (−6.9%) and Twilio (−5.5%); Semtech (+23.5%) pushed the other way.

SCHM fell 1.4% in the week to September 11, 2026. The holdings that moved it most were Casey S General Stores (−18.8%), Guidewire Software (−30.5%) and Cooper (−23.7%); Bloom Energy (+17.1%) pushed the other way.

What do MDY and SCHM each hold?

What's inside MDY: Tech 16%, Semiconductors 4%.

8% of MDY is its ten largest holdings.

What's inside SCHM: Tech 21%, Memory 5%.

13% of SCHM is its ten largest holdings.

Compare with similar funds

Cite this

ETF Copilot, “MDY vs SCHM holdings overlap and scores”, as of September 11, 2026.
https://etf-copilot.com/compare/mdy-vs-schm

  1. State Street SPDR S&P MIDCAP 400 ETF Trust (MDY)
  2. Schwab U.S. Mid-Cap ETF (SCHM)

Register free to unlock MDY vs SCHM prices and holdings on ETF Copilot.

Register free →