Is SCHM a good investment?

Schwab U.S. Mid-Cap ETF (SCHM) is a US mid-cap ETF. As of September 11, 2026, ETF Copilot scores SCHM 4.9 out of 10 — highest on Growth (7.3), lowest on Quality (1.5). It trades at 20.3 times earnings, against its own median of 19.0. Its ten largest holdings are 13% of the fund.

Updated September 11, 2026

How is SCHM rated? ETF Copilot scores Schwab U.S. Mid-Cap ETF (SCHM) 4.9 out of 10

As of September 11, 2026, ETF Copilot scores Schwab U.S. Mid-Cap ETF (SCHM) 4.9 out of 10 overall.

ETF Copilot scores (0–10 scale, higher is better):

Overall: 4.9 / 10
Growth: 7.3 / 10
Valuation: 5.0 / 10
Risk: 4.8 / 10
Quality: 1.5 / 10
Return: 4.6 / 10

What is SCHM's expense ratio? 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.

Schwab U.S. Mid-Cap ETF (SCHM) — cost, income and size
Measure	SCHM
Expense ratio	0.03%
Dividend yield	1.34%
Assets under management	$14.8B
Holdings	487

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.

What stands out in SCHM's data

U.S. mid-cap stocks, weighted by market size across sectors.

Profitability trails most peers — the fund's edge has to come from its low cost.

EBITDA margin of 21.6% sits behind the category median of 23.2%, though it has improved from its own 18.2% history. The 0.03% expense ratio is exceptionally low.

A broad mid-cap allocation that adds diversification without a valuation tilt.

Why did SCHM move this week? It fell 1.4% in the week to September 11, 2026 — Casey S General Stores and Guidewire Software drove it

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.

Is SCHM expensive right now? It trades at 20.3 times earnings, against its own median of 19.0

As of September 11, 2026, SCHM is more expensive than 71% of its own 114 monthly readings since 2017 — 81 of those months were cheaper than today.

Trailing twelve-month, computed by ETF Copilot from the fund's holdings rather than quoted from a data provider, and rebuilt nightly.

What's inside SCHM? 21% Tech

What's inside SCHM: Size (Large 10%, Mid 87%, Small 3%); Geography (International 5%, US 95%); Tech 21.0%; AI 0.7%; Semiconductors 2.4%; Memory 5.3%.

What are SCHM's top holdings? The ten largest are 13% of the fund

Sandisk, Lumentum, Bloom Energy, Coherent, Moderna, Ciena, Revolution Medicines, Flex, Twilio and Steel Dynamics are SCHM's largest holdings, in that order.

More concentrated than 57% of US Mid Cap ETFs.

Half of SCHM's weight sits in its 122 largest positions, and once those weights are taken into account it behaves like 192 equally weighted holdings.

Cite this

ETF Copilot, “Schwab U.S. Mid-Cap ETF (SCHM) scores and holdings analysis”, as of September 11, 2026.
https://etf-copilot.com/etf/schm