Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
MDY vs SCHG: how they differ
MDY and SCHG hold 1% of their weight in the same names.
SPDR S&P MidCap 400 ETF Trust and Schwab U.S. Large-Cap Growth ETF.
What they hold in common
By the books each fund has filed, MDY and SCHG hold 1% of their money in the same securities at the same weight.
| Holding | MDY | SCHG |
|---|---|---|
| CURTISS-WRIGHT CORP | 0.77% | 0.10% |
| CARPENTER TECHNOLOGY CORP | 0.85% | 0.08% |
| MASTEC INC | 0.71% | 0.08% |
| OKTA INC | 0.63% | 0.07% |
| RBC BEARINGS INC | 0.56% | 0.06% |
| TALEN ENERGY CORP | 0.48% | 0.06% |
| NEUROCRINE BIOSCIENCES INC | 0.47% | 0.06% |
| PERFORMANCE FOOD GROUP COMPANY | 0.48% | 0.05% |
| CARLISLE COMPANIES INC | 0.40% | 0.05% |
| CLEAN HARBORS INC | 0.41% | 0.05% |
| DYNATRACE INC | 0.36% | 0.04% |
| PENUMBRA INC | 0.34% | 0.04% |
| Only in MDY | Only in SCHG |
|---|---|
| TWILIO INC 0.86% | NVIDIA Corp 11.02% |
| MKS INC 0.83% | Apple Inc 9.84% |
| ENTEGRIS INC 0.76% | Microsoft Corp 7.18% |
| NVENT ELECTRIC PLC 0.76% | Amazon.com Inc 5.68% |
| ATI INC 0.74% | Alphabet Inc 4.76% |
| ILLUMINA INC 0.73% | Broadcom Inc 4.55% |
| TECHNIPFMC PLC 0.73% | Tesla Inc 3.92% |
| STERLING INFRASTRUCTURE INC 0.71% | Alphabet Inc 3.78% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Jun 30, 2026 and May 31, 2026.
| MDY SPDR S&P MidCap 400 ETF Trust | SCHG Schwab U.S. Large-Cap Growth ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | State Street | Schwab |
| What it is | S&P MidCap 400, book from IJH | U.S. Large-Cap Growth |
| Total return, 1 year | +13.0% | +12.7% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | −4.5 pts | −4.8 pts |
| Expense ratio | 0.23% | 0.04% |
| Already in the S&P 500 | 0.0% | 95.4% |
| Holdings | 400 | 193 |
MDY in plain words
MDY is an index equity fund tracking the S&P MidCap 400. Over the year to Sep 11, 2026 it returned +13.0% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.23% a year. By its holdings filed for Jun 30, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 400 positions, with the top ten at 7.7%. It sat 5.3% below its high of Aug 14, 2026 on Sep 11, 2026.
SCHG in plain words
SCHG is an index equity fund tracking the U.S. Large-Cap Growth. Over the year to Sep 11, 2026 it returned +12.7% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.04% a year. By its holdings filed for May 31, 2026, 95% of the fund by weight is stocks the S&P 500 also holds, across 193 positions, with the top ten at 57.2%.
Questions people ask
- Which returned more over the last year, MDY or SCHG?
- In the year to Sep 12, 2026, with distributions reinvested, MDY returned +13.0% and SCHG returned +12.7%, so MDY returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, MDY or SCHG?
- MDY charges 0.23% a year and SCHG charges 0.04%, so SCHG is cheaper. Fees come from each fund's prospectus.
- How much do MDY and SCHG overlap with the S&P 500?
- By their latest filed holdings, 0% of MDY and 95% of SCHG by weight is stocks the S&P 500 already holds. Between the two funds, 1% of their books are the same securities at the same weight.
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Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, MDY against SCHG, data as of Sep 12, 2026. https://etfiq.com/compare/any/MDY-SCHG Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources