MDYvsSCHMETF Comparison
VS
State Street 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 Finance, Industrials and Technology. In contrast, SCHM's top sector exposures are Finance, Technology and Industrials. MDY is more expensive with a Total Expense Ratio (TER) of 0.23%, versus 0.03% for SCHM. MDY is up 14.43% year-to-date (YTD) with -$990M in YTD flows. SCHM performs better with 19.41% YTD performance, and +$313M 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.
Find out how industry players manage ETF portfolios. Discover our library of Model portfolios
MDY vs SCHM performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 09/08/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | MDY SCHM | -2.81%-0.52% | +1.84%+2.56% | +14.43%+19.41% | +15.21%+20.95% | +51.22%+59.11% | +47.28%+45.00% |
| Flows | MDY SCHM | +$235M+$21M | -$550M+$206M | -$990M+$313M | -$887M+$295M | -$828M-$8M | -$1.88B+$1.05B |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | MDY SCHM | +13.00%+17.28% | +15.39%+16.76% | +17.78%+18.14% | +19.71%+19.83% |
| Max drawdown | MDY SCHM | -5.17%-7.29% | -8.78%-9.30% | -23.91%-23.35% | -23.91%-26.40% |
| Max drawdown duration | MDY SCHM | 23d70d | 53d46d | 379d283d | 379d855d |
Trading data
MDY | SCHM | |
Last sale 9/9/2026 at 1:30 PM | $679.65 | $35.34 |
| Previous close 09/08/2026 | $686.96 | $35.72 |
| Consolidated volume 09/08/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of August 31, 2026
1-year trailing difference
Create an account to view replication metrics
Join for free
MDY | SCHM | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
Advertisement
Main metrics
Last update 9/9/2026 at 1:30 PM
Live
Closed
MDY | SCHM | |
|---|---|---|
| Last price | $679.65 | $35.34 |
| 1D performance | -1.06% | -1.06% |
| AuM | $26.49 B | $14.96 B |
| E/R | 0.23% | 0.03% |
Characteristics
MDY | SCHM | |
|---|---|---|
| Management strategy | Passive | Passive |
| Provider | State Street Investment Management | Schwab ETFs |
| Benchmark | S&P MidCap 400 Index | Dow Jones U.S. Mid-Cap Total Stock Market Index |
| N° of holdings | 400 | 493 |
| Asset class | Equities | Equities |
| Trailing 12m distribution yield | Join | Join |
| Inception date | May 4, 1995 | January 13, 2011 |
| ESG | No | No |
Exposure
Countries
MDY
USA
95.79%
Other
4.21%
SCHM
USA
96.44%
Other
3.56%
Sectors
MDY
Finance
23%
Industrials
16.96%
Technology
13.52%
Non-Energy Materi.
10.18%
Healthcare
9.95%
Other
26.4%
SCHM
Finance
19.92%
Technology
17.63%
Industrials
17.2%
Healthcare
11.95%
Non-Energy Materi.
9.41%
Other
23.88%
Advertisement
Diversification
MDY
Total weight of top 15 holdings out of 15
10.46%
SCHM
Total weight of top 15 holdings out of 15
13.68%
Top 15 holdings
Data as of July 31, 2026
MDY
Illumina, Inc.
0.87%
Twilio, Inc.
0.84%
TechnipFMC plc
0.80%
Curtiss-Wright Corp.
0.75%
Carpenter Technology Corp.
0.72%
ATI, Inc.
0.71%
nVent Electric Plc
0.69%
Everpure, Inc.
0.68%
Okta, Inc.
0.66%
XPO, Inc.
0.66%
Burlington Stores, Inc.
0.65%
US Foods Holding Corp.
0.62%
United Therapeutics Corp.
0.61%
Tenet Healthcare Corp.
0.61%
Woodward, Inc.
0.60%
SCHM
Sandisk Corp.
3.58%
Lumentum Holdings, Inc.
1.04%
Coherent Corp.
1.01%
Ciena Corp.
1.01%
Bloom Energy Corp.
0.94%
Flex Ltd.
0.81%
Revolution Medicines, Inc.
0.71%
Steel Dynamics, Inc.
0.64%
Casey's General Stores, Inc.
0.60%
Centene Corp.
0.58%
TechnipFMC plc
0.57%
Tapestry, Inc.
0.57%
Twilio, Inc.
0.56%
Carpenter Technology Corp.
0.54%
Curtiss-Wright Corp.
0.52%
Frequently asked questions about MDY and SCHM
How have the MDY and SCHM ETFs performed in 2026?
As of September 8, 2026, MDY is up 14.43% year-to-date (YTD), while SCHM has returned 19.41%. That puts SCHM better performer ahead so far this year.
Which ETF is attracting more investor money: MDY or SCHM?
Year-to-date, the MDY ETF saw -$990M in flows, compared to +$313M for SCHM.
Which ETF is more volatile: MDY or SCHM?
Over the past year, MDY had a volatility of 15.39%, while SCHM experienced 16.76%.
Which ETF is bigger: MDY or SCHM?
As of September 8, 2026, MDY holds $26.49 B in assets under management (AUM), while SCHM manages $14.96 B.
What sectors do the MDY and SCHM ETFs invest in?
MDY leans toward sectors like Finance, Industrials and Technology. Meanwhile, SCHM focuses on Finance, Technology and Industrials.
What are the top holdings of the MDY ETF and SCHM ETF?
MDY top holdings include Illumina, Inc., Twilio, Inc. and TechnipFMC plc. SCHM holds in its top three: Sandisk Corp., Lumentum Holdings, Inc. and Coherent Corp..
Which ETF is more diversified: MDY or SCHM?
MDY holds 400 securities with 10.46% of its assets in the top 15. SCHM has 493 securities and a top 15 weight of 13.68%.
Advertisement
Advertisement
