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

In the year to Oct 20, 2026, with distributions reinvested, SCHM returned +17.6% and SPMD +13.5%.

Which is cheaper, SCHM or SPMD?

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

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

By their latest filed holdings, 30% of SCHM and 0% of SPMD by weight is stocks the S&P 500 already holds.

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SCHM vs SPMD: Differences, Returns & Fees

SCHM and SPMD hold 53% of their weight in the same names, and SCHM returned +17.6% over the year. Net assets: $14.6bn on May 31, 2026 for Schwab U.S. Mid-Cap ETF, and $18.4bn on Oct 20, 2026 for State Street SPDR Portfolio S&P 400 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 4.1 points; SPMD is 1.1 times larger.

Points (pts) are percentage points.

SCHM vs SPMD: Differences, Returns & Fees
	SCHM	SPMD
Expense ratio	0.03%	0.03%
Net assets, as of Feb 28, 2025	$11.3bn	$12.6bn
Total return, 1 year	+17.6%	+13.5%
What it tracks	Dow Jones U.S. Mid-Cap Total Stock Market Index	S&P MidCap 400 Index
Holdings in common	53%
Top ten holdings, share of the fund	13.3%	7.1%
Below its high	5.8%, high on Jun 30, 2026	6.8%, high on Aug 14, 2026

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

+17.6%

SCHM total return, 1 year

+13.5%

SPMD total return, 1 year

0.03%

SCHM expense ratio

0.03%

SPMD expense ratio

What they hold in common

By the books each fund has filed, SCHM and SPMD hold 53% of their money in the same securities at the same weight. Holdings dated May 31, 2026 and Oct 19, 2026.

50%

half

53% in common

Positions both hold, largest shared weight first

Holding SCHM SPMD

TechnipFMC PLC 0.51% 0.81%

Curtiss-Wright Corp 0.51% 0.54%

nVent Electric PLC 0.50% 0.68%

XPO Inc 0.47% 0.64%

United Therapeutics Corp 0.45% 0.69%

ATI Inc 0.44% 0.76%

MACOM Technology Solutions Holdings Inc 0.44% 0.55%

Carpenter Technology Corp 0.43% 0.55%

MKS Inc 0.40% 0.43%

Entegris Inc 0.39% 0.65%

Okta Inc 0.39% 0.93%

Woodward Inc 0.39% 0.57%

Only in SCHM

Sandisk Corp 4.64%

Ciena Corp 1.51%

Bloom Energy Corp 1.36%

Coherent Corp 1.26%

Lumentum Holdings Inc 1.13%

Flex Ltd 1.03%

Steel Dynamics Inc 0.66%

Revolution Medicines Inc 0.57%

Only in SPMD

TOAST INC CLASS A 0.48%

SHARKNINJA INC 0.46%

SUN COMMUNITIES INC 0.42%

TRANSUNION 0.41%

SEMTECH CORP 0.39%

HUBSPOT INC 0.35%

SITIME CORP 0.34%

AMERICAN HEALTHCARE REIT INC 0.34%

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On the same fields

SCHM

Schwab U.S. Mid-Cap ETF

SPMD

State Street SPDR Portfolio S&P 400 Mid Cap ETF

Where it sits Stock ETF Stock ETF

Issuer Schwab State Street

What it is Tracks an index Tracks an index

Total return, 1 year +17.6% +13.5%

Its benchmark over the same days +15.9% (VOO) +13.4% (IJH)

Gap to its benchmark +1.7 pts vs VOO +0.1 pts vs IJH

Expense ratio 0.03% 0.03%

Already in the S&P 500 30.3% 0.0%

Holdings 496 401

Net assets, SCHM as of May 31, 2026 and SPMD as of Oct 20, 2026 $14.6bn $18.4bn

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

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.

About SPMD

SPMD tracks an index. Over the year to Oct 20, 2026 it returned +13.5% with distributions reinvested, against +13.4% for its benchmark, the S&P MidCap 400 Index. By its holdings published by its issuer for Oct 19, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 401 positions, with the top ten at 7.1%. It sat 6.8% below its high of Aug 14, 2026 on Oct 20, 2026.

Questions people ask

Which returned more over the last year, SCHM or SPMD?: In the year to Oct 20, 2026, with distributions reinvested, SCHM returned +17.6% and SPMD +13.5%.
Which is cheaper, SCHM or SPMD?: Neither: SCHM and SPMD both charge 0.03% a year. Fees come from each fund's prospectus.
How much do SCHM and SPMD overlap with the S&P 500?: By their latest filed holdings, 30% of SCHM and 0% of SPMD by weight is stocks the S&P 500 already holds.

Other comparisons

SCHM vs SPTM SCHM vs VXF IJK vs SCHM FMDE vs SCHM SPMD vs VXF SPMD vs XMHQ IMCG vs SPMD CGMM vs SPMD

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

Where these figures came from

SCHM filings on SEC EDGAR ↗SCHM prospectus with the expense ratio (SEC) ↗Schwab website ↗SPMD filings on SEC EDGAR ↗SPMD prospectus with the expense ratio (SEC) ↗State Street 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, SCHM against SPMD, data as of Oct 20, 2026. https://etfiq.com/compare/any/schm-vs-spmd

Open data

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