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MDYvsSCHMETF Comparison

ETF 1
MDY

SPDR S&P MIDCAP 400 ETF Trust

This fund is part of
US Mid Cap
-1.75%
Full MDY fund page
VS
ETF 2
SCHM

Schwab U.S. Mid-Cap ETF

This fund is part of
US Mid Cap
-1.75%
Full SCHM fund page

SPDR S&P MIDCAP 400 ETF Trust (MDY) and Schwab U.S. Mid-Cap ETF (SCHM) belong to the same industry segment: US Mid Cap. MDY's top 3 sector exposures are Industrials, Financials and Information Technology. In contrast, SCHM's top sector exposures are Industrials, Information Technology and Financials. MDY is more expensive with a Total Expense Ratio (TER) of 0.23%, versus 0.04% for SCHM. MDY is up 3.55% year-to-date (YTD) with -$767M in YTD flows. SCHM performs worse with 2.81% YTD performance, and +$178M in YTD flows. Run a side-by-side ETF comparison of MDY and SCHM below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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MDY vs SCHM performance and flow charts

Performance

-6.0-4.0-2.00.02.0%Feb 11Feb 19Feb 26Mar 5Mar 12

Cumulative Flows

-100 M0 M100 M200 M300 MFeb 11Feb 19Feb 26Mar 5Mar 12

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Historic performance and flows
Data as of 03/11/2026
1M3MYTD1Y3Y5Y
Perf.
MDY
SCHM
-4.44%-4.10%
+0.94%+1.55%
+3.55%+2.81%
+18.83%+20.39%
+47.42%+49.13%
+38.92%+31.79%
Flows
MDY
SCHM
+$62M+$215M
-$243M+$224M
-$767M+$178M
-$1.70B+$195M
-$1.13B-$229M
-$2.30B+$1.37B
Volatility and drawdown
3M1Y3Y5Y
Volatility
MDY
SCHM
+15.01%+15.49%
+20.79%+21.33%
+18.01%+17.78%
+19.83%+19.56%
Max drawdown
MDY
SCHM
-5.36%-6.73%
-15.01%-15.46%
-23.91%-23.35%
-23.91%-26.40%
Max drawdown duration
MDY
SCHM
17d14d
46d46d
379d283d
379d855d
Trading data

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MDY
SCHM
Last sale
3/12/2026 at 1:30 PM
$611.77
$30.91
Previous close
03/12/2026
$624.53
$31.56
Consolidated volume
03/12/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
Replication quality
Data as of February 27, 2026
1-year trailing difference

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MDY
SCHM
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
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Main metrics
Last update 3/12/2026 at 1:30 PM
Live
Closed
MDY
SCHM
Last price
$611.77
$30.91
1D performance
-2.04%
-2.06%
AuM$24.28 B$12.82 B
E/R0.23%0.04%
Characteristics
MDY
SCHM
Management strategyPassivePassive
ProviderSPDRSchwab ETFs
BenchmarkS&P MidCap 400 IndexDow Jones U.S. Mid-Cap Total Stock Market Index
N° of holdings382452
Asset classEquitiesEquities
Trailing 12m distribution yield
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Inception dateMay 4, 1995January 13, 2011
ESGNoNo
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Exposure

Countries

MDY
USA
93.01%
Other
6.99%
SCHM
USA
92.77%
Other
7.23%

Sectors

MDY
Industrials
20.87%
Financials
14.25%
Information Techn.
14.11%
Consumer Discreti.
10.84%
Health Care
8.38%
Other
31.57%
SCHM
Industrials
19.22%
Information Techn.
12.2%
Financials
12.06%
Health Care
11.35%
Consumer Discreti.
10.43%
Materials
7.07%
Other
27.67%
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Diversification

MDY

Total weight of top 15 holdings out of 15

10.49%
SCHM

Total weight of top 15 holdings out of 15

8.79%

Top 15 holdings

Data as of January 31, 2026
MDY
CIENA
1.06%
US19247G1076
0.99%
LUMENTUM HOLDINGS
0.83%
CURTISS WRIGHT
0.72%
FLEX LTD
0.69%
CASEYS GENERAL STORES
0.67%
TECHNIPFMC PLC
0.67%
ILLUMINA
0.66%
PURE STORAGE
0.65%
ROYAL GOLD
0.64%
CA74935Q1072
0.63%
UTD THERAPEUT
0.60%
WOODWARD
0.57%
BWX TECHNOLOGIES INC
0.56%
US FOODS HOLDING CORP
0.56%
SCHM
US80004C2008
1.35%
CIENA
0.67%
US19247G1076
0.64%
BLOOM ENERGY CORP
0.62%
KYG3730V1059
0.61%
TAPESTRY INC
0.53%
OMNICOM
0.53%
AST SPACEMOBILE
0.52%
FLEX LTD
0.49%
LUMENTUM HOLDINGS
0.49%
STEEL DYNAMICS
0.49%
ROYAL GOLD
0.48%
CASEYS GENERAL STORES
0.47%
ALBEMARLE
0.46%
TECHNIPFMC PLC
0.46%
Frequently asked questions about MDY and SCHM

How have the MDY and SCHM ETFs performed in 2026?

As of March 11, 2026, MDY is up 3.55% year-to-date (YTD), while SCHM has returned 2.81%. That puts MDY better performer ahead so far this year.

Which ETF is attracting more investor money: MDY or SCHM?

Year-to-date, the MDY ETF saw -$767M in flows, compared to +$178M for SCHM.

Which ETF is more volatile: MDY or SCHM?

Over the past year, MDY had a volatility of 20.79%, while SCHM experienced 21.33%.

Which ETF is bigger: MDY or SCHM?

As of March 11, 2026, MDY holds $24.28 B in assets under management (AUM), while SCHM manages $12.82 B.

What sectors do the MDY and SCHM ETFs invest in?

MDY leans toward sectors like Industrials, Financials and Information Technology. Meanwhile, SCHM focuses on Industrials, Information Technology and Financials.

What are the top holdings of the MDY ETF and SCHM ETF?

MDY top holdings include CIENA, US19247G1076 and LUMENTUM HOLDINGS. SCHM holds in its top three: US80004C2008, CIENA and US19247G1076.

Which ETF is more diversified: MDY or SCHM?

MDY holds 399 securities with 10.49% of its assets in the top 15. SCHM has 498 securities and a top 15 weight of 8.79%.

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