CGMM vs SCHM: Differences, Returns & Fees
CGMM and SCHM hold 14% of their weight in the same names, and SCHM returned +17.6% over the year. Net assets: $3.5bn on Oct 19, 2026 for Capital Group U.S. Small and Mid Cap ETF, and $14.6bn on May 31, 2026 for Schwab U.S. Mid-Cap ETF.
SCHM costs 0.48 points a year less; their one-year returns differ by 6.5 points; SCHM is 5.2 times larger.
| CGMM | SCHM | |
|---|---|---|
| Expense ratio | 0.51% | 0.03% |
| Net assets, as of May 31, 2026 | $2.8bn | $14.6bn |
| Total return, 1 year | +11.1% | +17.6% |
| What it tracks | No index, actively managed | Dow Jones U.S. Mid-Cap Total Stock Market Index |
| Holdings in common | 14% | |
| Top ten holdings, share of the fund | 18.7% | 13.3% |
| Below its high | 6.8%, high on Aug 13, 2026 | 5.8%, high on Jun 30, 2026 |
Holdings in common uses holdings dated May 31, 2026.
CGMM and SCHM are built for the same job. How do they differ in cost, holdings and results?
- What each follows. CGMM follows No index, actively managed and SCHM follows Dow Jones U.S. Mid-Cap Total Stock Market Index.
- Holdings in common. 14% of the weight is in the same securities (holdings dated May 31, 2026).
- One-year total return. Over 1 year to Oct 20, 2026 CGMM returned +11.1% and SCHM +17.6% with distributions reinvested, a gap of 6.5 points.
Data as of Oct 20, 2026. The differences are picked by a fixed rule, in a fixed order; the PDF prints it. Page 2 has the returns, overlap, risks and sources.
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What they hold in common
By the books each fund has filed, CGMM and SCHM hold 14% of their money in the same securities at the same weight. Holdings dated May 31, 2026.
half
14% in common
On the same fields
CGMM and SCHM on the fields both publish, as of Oct 20, 2026. Source: ETFIQ.
About CGMM
CGMM is actively managed and tracks no index. The prospectus expense ratio is 0.51% a year. By its holdings filed for May 31, 2026, 45% of the fund by weight is stocks the S&P 500 also holds, across 114 positions, with the top ten at 18.7%. It sat 6.8% below its high of Aug 13, 2026 on Oct 20, 2026.
Over the year to Oct 20, 2026 it returned +11.1% with distributions reinvested, against +15.0% for its benchmark, the Russell 3000 Index.
About SCHM
SCHM tracks an index. Over the year to Oct 20, 2026 it returned +17.6% with distributions reinvested, against +15.9% for its benchmark, the S&P 500 Index. The prospectus expense ratio is 0.03% a year. By its holdings filed for May 31, 2026, 30% of the fund by weight is stocks the S&P 500 also holds, across 496 positions, with the top ten at 13.3%. It sat 5.8% below its high of Jun 30, 2026 on Oct 20, 2026.
Questions people ask
- Which returned more over the last year, CGMM or SCHM?
- In the year to Oct 20, 2026, with distributions reinvested, CGMM returned +11.1% and SCHM +17.6%.
- Which is cheaper, CGMM or SCHM?
- SCHM is cheaper, by 0.48 percentage points a year. That is about $48 on $10,000 held for a year. Fees come from each fund's prospectus.
ETFIQ links to the documents behind every figure; a link is not an endorsement. A comparison is not a recommendation.
How this is computed
Overlap adds up the smaller of the two weights for each security both funds hold.
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ETFIQ, CGMM against SCHM, data as of Oct 20, 2026. https://etfiq.com/compare/any/cgmm-vs-schm
ETFIQ. (Oct 20, 2026). CGMM against SCHM. Retrieved from https://etfiq.com/compare/any/cgmm-vs-schm
[CGMM against SCHM (ETFIQ, Oct 20, 2026)](https://etfiq.com/compare/any/cgmm-vs-schm)
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