Which returned more over the last year, MLRG or SCHM?

In the year to Oct 20, 2026, with distributions reinvested, MLRG returned +15.5% and SCHM +17.6%.

Which is cheaper, MLRG or SCHM?

Neither: MLRG and SCHM both charge 0.03% a year. Fees come from each fund's prospectus.

How much do MLRG and SCHM overlap with the S&P 500?

By their latest filed holdings, 96% of MLRG and 30% of SCHM by weight is stocks the S&P 500 already holds.

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MLRG vs SCHM: Differences, Returns & Fees

MLRG and SCHM hold 2% of their weight in the same names, and SCHM returned +17.6% over the year. Net assets: $1.3bn on Oct 20, 2026 for iShares MSCI USA ETF, and $14.6bn on May 31, 2026 for Schwab U.S. Mid-Cap ETF.

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Answers cite the figures on this page.

Both cost 0.03% a year; their one-year returns differ by 2.1 points; SCHM is 11.2 times larger.

Points (pts) are percentage points.

MLRG vs SCHM: Differences, Returns & Fees
	MLRG	SCHM
Expense ratio	0.03%	0.03%
Net assets, as of Feb 28, 2025	$1.0bn	$11.3bn
Total return, 1 year	+15.5%	+17.6%
What it tracks	MSCI USA Index	Dow Jones U.S. Mid-Cap Total Stock Market Index
Holdings in common	2%
Top ten holdings, share of the fund	37.8%	13.3%
Below its high		5.8%, high on Jun 30, 2026

Holdings in common uses holdings dated May 31, 2026 and Oct 19, 2026.

+15.5%

MLRG total return, 1 year

+17.6%

SCHM total return, 1 year

0.03%

MLRG expense ratio

0.03%

SCHM expense ratio

What they hold in common

By the books each fund has filed, MLRG and SCHM hold 2% of their money in the same securities at the same weight. Holdings dated May 31, 2026 and Oct 19, 2026.

50%

half

2% in common

Positions both hold, largest shared weight first

Holding MLRG SCHM

LUMENTUM HOLDINGS 0.10% 1.13%

BLOOM ENERGY CLASS A 0.09% 1.36%

CIENA 0.07% 1.51%

COHERENT 0.07% 1.26%

TWILIO CLASS A 0.06% 0.54%

CENTENE CORP 0.05% 0.52%

FLEX LTD 0.05% 1.03%

OKTA CLASS A 0.05% 0.39%

REVOLUTION MEDICINES 0.05% 0.57%

STEEL DYNAMICS INC 0.05% 0.66%

ATI 0.04% 0.44%

F5 0.04% 0.40%

Only in MLRG

APPLE 7.59%

NVIDIA 7.52%

MICROSOFT 5.68%

AMAZON.COM INC 3.83%

ALPHABET CLASS A 3.04%

ALPHABET CLASS C 2.40%

META PLATFORMS CLASS A 2.34%

BROADCOM INC 2.28%

Only in SCHM

Sandisk Corp 4.64%

Casey's General Stores Inc 0.53%

Sterling Infrastructure Inc 0.49%

IonQ Inc 0.47%

MACOM Technology Solutions Holdings Inc 0.44%

Nextpower Inc 0.43%

MKS Inc 0.40%

Akamai Technologies Inc 0.40%

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On the same fields

MLRG

iShares MSCI USA ETF

SCHM

Schwab U.S. Mid-Cap ETF

Where it sits Stock ETF Stock ETF

Issuer iShares Schwab

What it is Tracks an index Tracks an index

Total return, 1 year +15.5% +17.6%

Its benchmark over the same days +15.4% (PBUS) +15.9% (VOO)

Gap to its benchmark +0.2 pts vs PBUS +1.7 pts vs VOO

Expense ratio 0.03% 0.03%

Already in the S&P 500 95.6% 30.3%

Holdings 515 496

Net assets, MLRG as of Oct 20, 2026 and SCHM as of May 31, 2026 $1.3bn $14.6bn

Former ticker ILCB none

MLRG and SCHM on the fields both publish, as of Oct 20, 2026. Source: ETFIQ.

About MLRG

MLRG tracks an index. Over the year to Oct 20, 2026 it returned +15.5% with distributions reinvested, against +15.4% for its benchmark, the MSCI USA Index. The prospectus expense ratio is 0.03% a year. By its holdings published by its issuer for Oct 19, 2026, 96% of the fund by weight is stocks the S&P 500 also holds, across 515 positions, with the top ten at 37.8%.

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. 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, MLRG or SCHM?: In the year to Oct 20, 2026, with distributions reinvested, MLRG returned +15.5% and SCHM +17.6%.
Which is cheaper, MLRG or SCHM?: Neither: MLRG and SCHM both charge 0.03% a year. Fees come from each fund's prospectus.
How much do MLRG and SCHM overlap with the S&P 500?: By their latest filed holdings, 96% of MLRG and 30% of SCHM by weight is stocks the S&P 500 already holds.

Other comparisons

IJH vs MLRG MLRG vs SPTM MLRG vs MOAT MLRG vs SPMD FTC vs SCHM FMDE vs SCHM IJH vs SCHM FLQM vs SCHM

MLRG on its own →SCHM on its own →Hold both: look the portfolio through →Rankings →MLRG dividend history →MLRG holdings →SCHM dividend history →SCHM holdings →Standards and sources →

Where these figures came from

MLRG filings on SEC EDGAR ↗MLRG prospectus with the expense ratio (SEC) ↗iShares page for MLRG ↗SCHM filings on SEC EDGAR ↗SCHM prospectus with the expense ratio (SEC) ↗Schwab website ↗

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.

Cite this pageCitation, APA and Markdown

ETFIQ, MLRG against SCHM, data as of Oct 20, 2026. https://etfiq.com/compare/any/mlrg-vs-schm

Open data

Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms.