SCHM vs SPMD: holdings overlap, shared companies and scores

As of September 11, 2026, SCHM and SPMD overlap 54.4% by weight. Schwab U.S. Mid-Cap ETF (SCHM): U.S. mid-cap stocks. State Street SPDR Portfolio S&P 400 Mid Cap ETF (SPMD): U.S. mid-cap equities.

Updated September 11, 2026

How much do SCHM and SPMD overlap?

As of September 11, 2026, SCHM and SPMD overlap 54.4% by weight.

54% of SCHM is already inside SPMD.

82% of SPMD is already inside SCHM.

SCHM holds 487 companies and SPMD holds 399; 296 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 SCHM and SPMD?

As of September 11, 2026, ETF Copilot scores SCHM 4.9 out of 10 and SPMD 4.4 out of 10.

They differ most on Risk: SCHM 4.8 and SPMD 3.5.

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

SCHM vs SPMD — ETF Copilot factor scores, 0–10
FactorSCHMSPMD
Growth7.36.1
Valuation5.05.3
Risk4.83.5
Quality1.51.9
Return4.64.4

SCHM and SPMD all charge 0.03% a year

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

As of September 11, 2026, SPMD charges 0.03% a year, yields 1.28% and holds $18.6B in assets across 399 positions.

SCHM vs SPMD — cost, income and size
MeasureSCHMSPMD
Expense ratio0.03%0.03%
Dividend yield1.34%1.28%
Assets under management$14.8B$18.6B
Holdings487399

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 SCHM and SPMD trade against their own history

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.

SPMD trades at 20.2 times earnings, against its own median of 18.8, and is more expensive than 68% of its own 114 monthly readings since 2017.

What moved SCHM and SPMD this week

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.

SPMD 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.

What do SCHM and SPMD each hold?

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

13% of SCHM is its ten largest holdings.

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

8% of SPMD is its ten largest holdings.

Compare with similar funds

Cite this

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

  1. Schwab U.S. Mid-Cap ETF (SCHM)
  2. State Street SPDR Portfolio S&P 400 Mid Cap ETF (SPMD)

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