Schwab U.S. Mid-Cap ETF
SCHM
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 3000 Schwab Way Westlake TX United States of America 76262
- IPO Date
- Jan 13, 2011
- CIK
- 0001454889
- Website
- schwabassetmanagement.com
- Similar Companies
- Business
- Schwab U.S. Mid-Cap ETF (SCHM) is a passively managed exchange-traded fund that seeks to track the total return of the Dow Jones U.S. Mid-Cap Total Stock Market Index before fees and expenses. The ETF provides investors with low-cost exposure to a diversified portfolio of U.S. mid-cap equities, primarily consisting of approximately 500 holdings across sectors including industrials, financials, information technology, consumer discretionary, and health care; it maintains a weighted average market capitalization of around $12.37 billion, with an expense ratio of 0.04% and total net assets exceeding $12.3 billion as of December 2025. SCHM trades on the NYSE Arca exchange under the CUSIP 808524508 and serves as a core holding for long-term growth in diversified portfolios targeting mid-cap blend strategies. Launched on January 13, 2011, by Schwab Strategic Trust, a Delaware statutory trust sponsored and managed by Charles Schwab Investment Management, Inc., with headquarters in San Francisco, California, the ETF operates primarily in the U.S. market, offering access to companies with market capitalizations generally between $1 billion and $70 billion. In a significant operational change, SCHM underwent a 3-for-1 forward share split effective October 10, 2024, applicable to shareholders of record as of October 9, 2024, with trading at the post-split price commencing on October 11, 2024; this adjustment increased shares outstanding to approximately 408.8 million while proportionally reducing net asset value per share without altering total shareholder value. The fund continues quarterly income distributions, with the most recent ex-date on December 10, 2025, reflecting its focus on tax-efficient mid-cap equity investing amid ongoing portfolio turnover of 19.34%.