Schwab U.S. Mid-Cap ETF (SCHM) Performance
SCHM total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +15.9% since Dec 31, 2025
- 1 year
- +17.1% total return
- 5 years
- +6.6% a year
- 10 years
- +10.9% a year
- Since first price
- +11.0% a year since 2011
SCHM trailing returns vs SPY, QQQ, AGG
| Period | SCHM total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −0.3% | −0.3% | −1.0% | −5.0% | +0.9% |
| 3 months | −1.5% | −1.8% | +3.2% | +1.9% | −0.4% |
| 6 months | +3.3% | +2.6% | +7.8% | +8.4% | −1.5% |
| YTD | +15.9% | +14.9% | +12.3% | +15.1% | −1.0% |
| 1 year | +17.1% | +15.5% | +14.4% | +15.9% | −1.1% |
| 3 years | +68.6%+19.0%/yr | +61.4% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +37.7%+6.6%/yr | +27.6% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | +182.2%+10.9%/yr | +143.2% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| 15 years | +453.0%+12.1%/yr | +342.2% | +696.0%+14.8%/yr | +1,299.3%+19.2%/yr | +32.2%+1.9%/yr |
| Since inceptionJan 13, 2011 | +419.7%+11.0%/yr | +312.0% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: SCHM vs SPY
From Jan 13, 2011: SCHM grew to $51,969, SPY to $77,994.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
SCHM returns by calendar year
11 of 14 full years positive. Best 2013 (+36.3%), worst 2022 (−17.1%). 2026 is year to date.
SCHM annual returns table
| Year | SCHM | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +15.9% | −9.3% | +12.3% | +15.1% | −1.0% |
| 2025 | +10.2% | −21.4% | +17.7% | +20.8% | +7.2% |
| 2024 | +12.0% | −8.2% | +24.9% | +25.6% | +1.3% |
| 2023 | +16.7% | −14.5% | +26.2% | +54.9% | +5.7% |
| 2022 | −17.1% | −24.5% | −18.2% | −32.6% | −13.0% |
| 2021 | +19.4% | −8.8% | +28.7% | +27.4% | −1.8% |
| 2020 | +15.3% | −42.4% | +18.3% | +48.6% | +7.5% |
| 2019 | +27.5% | −7.2% | +31.2% | +39.0% | +8.5% |
| 2018 | −8.8% | −22.7% | −4.6% | −0.1% | +0.1% |
| 2017 | +19.6% | −3.7% | +21.7% | +32.7% | +3.6% |
| 2016 | +14.5% | −12.0% | +12.0% | +7.1% | +2.4% |
| 2015 | −0.0% | −12.4% | +1.2% | +9.4% | +0.5% |
| 2014 | +10.3% | −10.8% | +13.5% | +19.2% | +6.0% |
| 2013 | +36.3% | −7.3% | +32.3% | +36.6% | −2.0% |
| 2012 | +17.5% | −12.1% | +16.0% | +18.1% | +3.8% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
SCHM largest drawdowns
Now 6.0% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Feb 20, 2020 | −42.4% | Mar 23, 2020 | Nov 9, 2020 | 32 days | 9 months |
| Nov 16, 2021 | −26.5% | Jun 16, 2022 | Mar 21, 2024 | 7 months | 2.3 years |
| Apr 29, 2011 | −26.4% | Oct 3, 2011 | Mar 13, 2012 | 5 months | 10 months |
| Nov 25, 2024 | −23.3% | Apr 8, 2025 | Sep 5, 2025 | 4 months | 9 months |
| Sep 14, 2018 | −22.7% | Dec 24, 2018 | Jul 5, 2019 | 3 months | 10 months |
| Jun 23, 2015 | −20.0% | Feb 11, 2016 | Jul 12, 2016 | 8 months | 1.1 years |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
SCHM risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2011 |
|---|---|---|---|---|
| Annualized return | +16.4% | +7.5% | +10.5% | +11.0% |
| Volatility (annualized) | 16.3% | 18.6% | 18.7% | 17.2% |
| Sharpe ratio | 0.74 | 0.29 | 0.51 | 0.61 |
| Sortino ratio | 1.22 | 0.44 | 0.75 | 0.92 |
| Best month | +9.7% | +10.3% | +15.2% | +15.2% |
| Worst month | −7.2% | −10.2% | −21.7% | −21.7% |
| Best 12 months | +34.8% | +34.8% | +78.8% | +78.8% |
| Worst 12 months | −2.1% | −19.8% | −22.5% | −22.5% |
| Positive months | 64% | 57% | 63% | 62% |
| Beta vs S&P 500 | 1.07 | 1.05 | 1.11 | — |
| Correlation with S&P 500 | 0.82 | 0.88 | 0.91 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
SCHM rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 178 | −22.5% | +12.6% | +78.8% | 79% |
| 3-year (a year) | 154 | −2.3% | +10.7% | +24.0% | 99% |
| 5-year (a year) | 130 | +1.1% | +9.7% | +17.2% | 100% |
| 10-year (a year) | 70 | +7.5% | +10.3% | +15.4% | 100% |
Every holding period starting at a month-end since 2011. Returns for 3 years and longer are annualized.
SCHM performance overview
Schwab U.S. Mid-Cap ETF (SCHM) returned +17.1% over the past year and +10.9% a year over ten years, with distributions reinvested. Since its first recorded price in 2011 it has returned +11.0% a year, turning $10,000 into about $51,969. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −42.4%, from Feb 20, 2020 to Mar 23, 2020, and it took 8 months to get back to the old high. SCHM finished 11 of its 14 full calendar years with a gain; the best year was 2013 (+36.3%) and the worst 2022 (−17.1%). Volatility has been 17.2% a year.
Related: SCHM chart, SCHM holdings, SCHM dividends, SCHM valuation. See the SCHM overview for the latest quote and fund facts.
SCHM performance FAQ
What is the SCHM return over the past year?
SCHM returned +17.1% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 15.5%.
What is the average annual return of SCHM?
SCHM has returned +6.6% a year over 5 years, +10.9% a year over 10 years, +11.0% a year since January 13, 2011 (total return, distributions reinvested).
How much would $10,000 invested in SCHM be worth?
$10,000 invested in SCHM at its first recorded close on January 13, 2011 would be worth about $51,969 on October 23, 2026 with distributions reinvested.
What was the worst year for SCHM?
The worst calendar year was 2022, with a total return of −17.1%. The best was 2013 at +36.3%.
What is the biggest drawdown of SCHM?
The largest peak-to-trough decline was −42.4% between February 20, 2020 and March 23, 2020. It recovered to the old high on November 9, 2020, 8 months after the bottom.
How volatile is SCHM?
Over the past 3 years SCHM had an annualized volatility of 16.3% and a Sharpe ratio of 0.74 (excess return over 1–3 month T-bills per unit of risk).