Schwab U.S. Mid-Cap ETF
ALTAR
Score™
5.3% info Recommen-
dation
NEUTRAL
2020E    2021E
P/E
ratio
33.5x P/Sales
ratio
1.9x
P/BV
ratio
2.5x Div.
yield
1.5%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
Schwab US Mid-Cap ETF seeks to track the performance of the Dow Jones US Mid-Cap Total Stock Market Index.

FUND BASICS
Category US Equities
Fund Sponsor Charles Schwab Investment Mana
Website www.schwabetfs.com
Inception date Jan 13, 2011
Assets (mns) $7,592
Currency USD
Expense ratio 4 bp
Distributions Quarterly

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian State Street Bank & Trust
Weighting Market Cap
Index replication Full
Uses derivatives No
Options available Yes

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 503
Wgt avg mkt cap (mns) $7,987
Large cap (>$10bn) 28.5%
Mid cap ($2-10bn) 69.1%
Small cap (<$2bn) 0.6%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
MYLAN N.V. 0.6 %
INSULET CORP 0.5 %
TYLER TECHNOLOGIES INC 0.5 %
STERIS PLC 0.5 %
ENPHASE ENERGY INC 0.5 %
HUBSPOT INC 0.5 %
UNITED RENTALS INC 0.5 %
BURLINGTON STORES INC 0.4 %
FMC CORP 0.4 %
IDEX CORP 0.4 %
Total 4.7 %

TOP COUNTRY EXPOSURE
UNITED STATES 95.2 %
BRITAIN 1.6 %
BERMUDA 1.3 %
IRELAND 1.3 %
CAYMAN ISLANDS 0.1 %
PUERTO RICO 0.1 %





HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru October 31)
Year-to-date 1 year 5 years 10 years Since Incep.
-5.5% -0.2% 8.0% -- 9.4%

Market Correlations
versus... Beta R-squared
S&P500 1.17 90%
MSCI EAFE 1.22 80%
MSCI Emg. Mkts. 0.90 68%

Technical Indicators
Recent close $65.48
30d moving avg. $60.25
Annualized volatility 22.1%
Short interest (ETF) 0.4%
Short interest (Underlying) 5.2%
Relative strength (RSI) 65

Liquidity measures
Avg. volume (thou.) 529
Turnover 0.5%
Bid/Ask (% of price) 0.06%
ADV underlying (mns) $35,415

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 100 potential alternatives to the Schwab U.S. Mid-Cap ETF ETF based on the alternatives' overlap in portfolio holdings with SCHM. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: SCHM Expense: 4 bp ALTAR Score™: 5.3%


ALTERNATIVE ETFs BASED ON OVERLAP WITH SCHM
Ticker Fund
Name
Overlap1
vs SCHM
(%)
Expense
ratio
(bp)
Savings
vs SCHM
(bp)
ALTAR
Score™
(%)
ALTAR
vs SCHM
(%)
SFYX Sofi Next 500 ETF 58.1 0 4 5.3 -0.1
VB Vanguard Small-Cap ETF 54.0 5 -1 4.8 -0.5
JHMM John Hancock Multifactor Mid Cap ETF 53.5 42 -38 5.0 -0.4
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 52.9 7 -3 4.6 -0.7
SMMD iShares Russell 2500 ETF 47.1 15 -11 5.1 -0.3
FNX First Trust Mid Cap Core AlphaDEX Fund 46.3 61 -57 5.7 +0.4
PBSM Invesco PureBeta MSCI USA Small Cap ETF 44.5 6 -2 4.4 -0.9
FSMD Fidelity Small-Mid Factor ETF 43.3 29 -25 5.7 +0.3
RNMC Mid Cap US Equity Select ETF 42.7 60 -56 6.3 +0.9
DON WisdomTree U.S. MidCap Dividend Fund 42.4 38 -34 6.7 +1.4
ESML iShares MSCI USA Small-Cap ESG Optimized ETF 41.4 17 -13 4.3 -1.1
IJH iShares Core S&P Mid-Cap ETF 39.8 5 -1 5.8 +0.5
SPMD SPDR Portfolio Mid Cap ETF 39.8 5 -1 5.8 +0.5
MDY SPDR S&P Midcap 400 ETF Trust 39.8 23 -19 5.6 +0.3
VBR Vanguard Small Cap Value Index Fund 39.7 7 -3 7.0 +1.7
IVOO Vanguard S&P Mid-Cap 400 ETF 39.7 10 -6 5.8 +0.4
IWS iShares Russell Mid-Cap Value ETF 39.0 24 -20 6.1 +0.8
OMFL Invesco Russell 1000 Dynamic Multifactor ETF 38.8 29 -25 7.7 +2.4
USEQ Invesco Russell 1000 Enhanced Equal Weight ETF 38.6 29 -25 6.1 +0.8
EWMC Invesco S&P MidCap 400 Equal Weight ETF 37.5 40 -36 6.1 +0.8
JPME JPMorgan Diversified Return U.S. Mid Cap Equity ETF 37.3 24 -20 5.5 +0.2
VBK Vanguard Small-Cap Growth Index Fund 37.3 7 -3 2.0 -3.3
EQAL Invesco Russell 1000 Equal Weight ETF 36.9 20 -16 5.2 -0.1
EZM WisdomTree U.S. MidCap Earnings Fund 36.8 38 -34 7.5 +2.1
BKSE BNY Mellon US Small Cap Core Equity ETF 36.7 4 0 5.0 -0.3
PSM Principal U.S. Small-MidCap Multi-Factor Core Index ETF 36.4 20 -16 7.7 +2.3
ONEV SPDR Russell 1000 Low Volatility Focus ETF 36.4 20 -16 6.3 +1.0
IWR iShares Russell Midcap ETF 35.8 19 -15 5.0 -0.4
VXF Vanguard Extended Market Index Fund 35.0 6 -2 2.9 -2.5
ONEO SPDR Russell 1000 Momentum Focus ETF 34.5 20 -16 5.9 +0.5
SMDY Syntax Stratified MidCap ETF 33.1 30 -26 5.8 +0.5
TPLC Timothy Plan US Large Cap Core ETF 32.8 52 -48 4.6 -0.7
MDYG SPDR S&P 400 Mid Cap Growth ETF 30.9 15 -11 4.6 -0.8
DEUS Xtrackers Russell 1000 Comprehensive Factor ETF 30.9 17 -13 5.9 +0.5
IJK iShares S&P Mid-Cap 400 Growth ETF 30.9 24 -20 4.5 -0.9
IVOG Vanguard S&P Mid-Cap 400 Growth ETF 30.7 15 -11 4.6 -0.8
AFMC First Trust Active Factor Mid Cap ETF 29.8 65 -61 5.8 +0.4
CFA VictoryShares US 500 Volatility Weighted Index ETF 29.3 35 -31 5.3 -0.0
CFO VictoryShares US 500 Enhanced Volatility Weighted Index ETF 29.3 35 -31 5.3 -0.0
SIZE iShares MSCI USA Size Factor ETF 28.7 15 -11 5.4 +0.1
FNK First Trust Mid Cap Value AlphaDEX Fund 28.4 70 -66 8.5 +3.1
EUSA iShares MSCI USA Equal Weighted ETF 28.3 15 -11 5.5 +0.1
IWP iShares Russell Mid-Cap Growth ETF 27.9 24 -20 2.8 -2.5
BKMC BNY Mellon US Mid Cap Core Equity ETF 27.6 4 0 4.8 -0.5
RWK Invesco S&P MidCap 400 Revenue ETF 27.2 39 -35 6.7 +1.3
SCHA Schwab U.S. Small-Cap ETF 27.1 4 0 4.1 -1.2
RVRS Reverse Cap Weighted U.S. Large Cap ETF 26.7 29 -25 6.4 +1.0
TUSA First Trust Total US Market AlphaDEX ETF 26.6 70 -66 5.3 -0.1
ONEY SPDR Russell 1000 Yield Focus ETF 26.1 20 -16 7.5 +2.1
STMB iShares Factors US Mid Blend Style ETF 26.0 30 -26 5.2 -0.2
FNY First Trust Mid Cap Growth AlphaDEX Fund 25.2 70 -66 1.8 -3.5
FAD First Trust Multi Cap Growth AlphaDEX Fund 24.4 66 -62 2.0 -3.3
FAB First Trust Multi Cap Value AlphaDEX Fund 23.9 71 -67 8.1 +2.8
FNDA Schwab Fundamental U.S. Small Co. Index ETF 23.6 25 -21 6.1 +0.8
USLB Invesco Russell 1000 Low Beta Equal Weight ETF 23.6 35 -31 5.1 -0.2
IJJ iShares S&P Mid-Cap 400 Value ETF 23.0 25 -21 7.1 +1.7
MDYV SPDR S&P 400 Mid Cap Value ETF 23.0 15 -11 7.2 +1.8
IVOV Vanguard S&P Mid-Cap 400 Value ETF 22.8 15 -11 7.2 +1.9
IUSS Invesco Strategic US Small Company ETF 21.8 23 -19 4.3 -1.0
RSP Invesco S&P 500 Equal Weight ETF 21.8 20 -16 5.8 +0.5
FLQM Franklin LibertyQ U.S. Mid Cap Equity ETF 21.6 30 -26 5.2 -0.1
JKH iShares Morningstar Mid-Cap Growth ETF 21.6 30 -26 1.9 -3.4
JVAL JPMorgan U.S. Value Factor ETF 21.3 12 -8 7.4 +2.1
NUSC Nuveen ESG Small-Cap ETF 21.3 40 -36 4.2 -1.1
JPUS JPMorgan Diversified Return U.S. Equity ETF 20.2 18 -14 5.7 +0.3
JKG iShares Morningstar Mid-Cap ETF 19.7 25 -21 4.9 -0.5
USMF WisdomTree U.S. Multifactor Fund 19.4 28 -24 5.6 +0.2
JHSC John Hancock Multifactor Small Cap ETF 19.1 42 -38 4.9 -0.4
VFLQ Vanguard U.S. Liquidity Factor ETF 19.1 14 -10 3.7 -1.7
JKI iShares Morningstar Mid-Cap Value ETF 18.9 30 -26 7.6 +2.3
VOE Vanguard Mid-Cap Value Index Fund 18.3 7 -3 6.7 +1.4
VFVA Vanguard U.S. Value Factor ETF 18.3 14 -10 9.3 +4.0
AMCA iShares Russell 1000 Pure U.S. Revenue ETF 17.8 15 -11 6.2 +0.8
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 17.2 75 -71 4.0 -1.4
JHMI John Hancock Multifactor Industrials ETF 16.9 40 -36 5.0 -0.3
VALQ American Century STOXX U.S. Quality Value ETF 16.6 29 -25 7.7 +2.3
USVM VictoryShares USAA MSCI USA Small Cap Value Momentum ETF 16.6 24 -20 5.9 +0.5
VFQY Vanguard U.S. Quality Factor ETF 16.6 13 -9 5.8 +0.5
IYJ iShares U.S. Industrials ETF 16.6 42 -38 4.9 -0.4
TILT Flexshares Morningstar US Market Factors Tilt Index Fund 16.5 25 -21 5.6 +0.3
LRGF iShares Edge MSCI Multifactor USA ETF 16.4 20 -16 6.7 +1.4
VFMF Vanguard U.S. Multifactor ETF 16.4 19 -15 6.5 +1.2
SZNE Pacer CFRA-Stovall Equal Weight Seasonal Rotation ETF 16.3 60 -56 5.7 +0.4
JMOM JPMorgan U.S. Momentum Factor ETF 16.1 12 -8 3.3 -2.1
BFOR Barron's 400 ETF 15.9 65 -61 6.0 +0.7
VO Vanguard Mid-Cap Index Fund 15.7 4 0 4.7 -0.6
VFMO Vanguard U.S. Momentum Factor ETF 15.6 13 -9 0.3 -5.0
EXT WisdomTree U.S. Total Earnings Fund 15.2 28 -24 5.2 -0.2
VIS Vanguard Industrials Index Fund 15.1 10 -6 4.7 -0.7
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 15.0 9 -5 5.4 +0.1
AVUS Avantis U.S. Equity ETF 15.0 15 -11 5.1 -0.3
ULVM VictoryShares USAA MSCI USA Value Momentum ETF 14.9 20 -16 7.0 +1.7
ROUS Hartford Multifactor US Equity ETF 14.9 19 -15 6.1 +0.7
ETHO Etho Climate Leadership U.S. ETF 14.8 47 -43 4.0 -1.4
PQLC PGIM QMA Strategic Alpha Large-Cap Core ETF 14.7 17 -13 6.2 +0.9
RFG Invesco S&P Midcap 400 Pure Growth ETF 14.7 35 -31 3.7 -1.7
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 14.6 29 -25 5.2 -0.2
REVS Columbia Research Enhanced Value ETF 14.6 19 -15 7.1 +1.7
QQQJ Invesco NASDAQ Next Gen 100 ETF 14.5 15 -11 3.4 -2.0
DYNF BlackRock U.S. Equity Factor Rotation ETF 14.5 30 -26 6.1 +0.7

1Overlap is the percentage of holdings by weight that are identical. For example, if Fund A has a 2% position in Apple, Inc. (AAPL) and Fund B has a 5% position, their overlapping position in AAPL is 2%.

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RESULTS & ESTIMATES

  2015 2016 2017 2018 2019 2020E 2021E
Sales per share ** ** ** ** ** ** **
Earnings per share ** ** ** ** ** ** **
Dividends per share info ** ** ** ** ** ** **
Book value per share ** ** ** ** ** ** **

 

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

OTHER FUNDAMENTAL METRICS

Long term EPS growth est. **%   Debt-to-equity **x
Asset turnover **%   Assets-to-equity **x

Return on equity

Revision activity*
*Six months ago = 100

Net margins

Compound annual growth rates

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VALUATION METRICS
  2019 2020E 2021E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:
Schwab U.S. Mid-Cap ETF
Relative
to:
S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

NEUTRAL

Average appreciation potential. A rating of NEUTRAL is assigned to ETFs with ALTAR Scores in the middle quintile (ranking between 40%-60%) of their category. This indicates that valuations adequately reflect the fundamentals of stocks in these funds.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 12.6 %
Divided by: Fwd. P/BV 2.3 x
Less: Expense ratio 4 bp
Equals: ALTAR Score 5.3 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.50 CATEGORY
AVERAGE
1.50
 
The composite rating is a weighted average of analysts' consensus recommendations for individual ETF constituents, based on the following scale:

BUY = 1; OVERWEIGHT = 1.5, HOLD = 2; UNDERWEIGHT = 2.5; and SELL = 3.

Readers are cautioned that because analyst ratings tend to be inflated, the composite score may be more useful as a relative measure of sentiment between funds rather than as a stand-alone recommendation.
 

 

See RATING tab for calculation of ALTAR Score™
Risk & reward. Uses std. dev. as proxy for risk, ALTAR Score™ for return forecast.
Dividends paid by constituents to the fund. May differ from actual distributions to shareholders due to constituent changes, timing issues or other factors.
Monthly returns based on changes in price plus dividends. May differ from daily returns reported by funds. See below for standardized returns.