ETF comparison
SCHM vs SPY
US Mid Cap vs US Large Cap.
Schwab U.S. Mid-Cap ETF · State Street SPDR S&P 500 ETF Trust
Holdings overlap
77 positions appear in both funds. Buying equal dollars of SCHM and SPY would leave roughly 2.4% of each dollar exposed to the same underlying securities.
Unmatched is the part of a fund's weight the other fund doesn't match: names only it holds, plus any extra weight it puts in names both funds hold.
Side by side
Sub-score comparison
Tracking quality isn't part of the composite — see what we don't score for why.
Cost difference
SCHM is 6 bps cheaper than SPY. On a $100,000 position that's about $64/yr more in fees for SPY.
Fee figure is the annual expense charged on $100,000. To see how the gap compounds over a multi-decade holding period, open the cost calculator pre-filled with SCHM vs SPY.
Top shared holdings
77 shared in total| # | Holding | In SCHM | In SPY | Overlap |
|---|---|---|---|---|
| 1 | Sandisk Corp/DE | 4.64% | 0.38% | 0.38% |
| 2 | Lumentum Holdings Inc | 1.13% | 0.14% | 0.14% |
| 3 | Bloom Energy Corp | 1.36% | 0.13% | 0.13% |
| 4 | Moderna Inc | 0.30% | 0.11% | 0.11% |
| 5 | Coherent Corp | 1.26% | 0.10% | 0.10% |
| 6 | Ciena Corp | 1.52% | 0.08% | 0.08% |
| 7 | Steel Dynamics Inc | 0.66% | 0.05% | 0.05% |
| 8 | Centene Corp | 0.52% | 0.05% | 0.05% |
| 9 | F5 Inc | 0.40% | 0.04% | 0.04% |
| 10 | Tapestry Inc | 0.55% | 0.04% | 0.04% |
| 11 | Casey's General Stores Inc | 0.53% | 0.03% | 0.03% |
| 12 | Omnicom Group Inc | 0.42% | 0.03% | 0.03% |
Only in SCHM
419 total- Flex Ltd 1.03%
- Revolution Medicines Inc 0.57%
- Twilio Inc 0.54%
- AST SpaceMobile Inc 0.52%
- TechnipFMC PLC 0.51%
- Curtiss-Wright Corp 0.51%
- nVent Electric PLC 0.50%
- FTAI Aviation Ltd 0.50%
- Sterling Infrastructure Inc 0.49%
- IonQ Inc 0.47%
Only in SPY
428 total- NVIDIA CORP 8.50%
- APPLE INC 7.32%
- MICROSOFT CORP 5.77%
- AMAZON.COM INC 3.71%
- ALPHABET INC CL A 3.03%
- BROADCOM INC 2.54%
- ALPHABET INC CL C 2.43%
- META PLATFORMS INC CLASS A 2.41%
- MICRON TECHNOLOGY INC 1.82%
- TESLA INC 1.57%
Related comparisons
More comparisons with SCHM
- SCHM vs VUG · Vanguard Morningstar Growth ETF 2.2%
- SCHM vs QQQ · Invesco QQQ Trust 1.7%
- SCHM vs VTV · Vanguard Morningstar Value ETF 0.5%
- SCHM vs BBMC · JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 69.6%
- SCHM vs VB · Vanguard Morningstar Small-Cap ETF 57.2%
- SCHM vs IVOO · Vanguard S&P Mid-Cap 400 Index Fund ETF Shares 54.6%
More comparisons with SPY
- SPY vs FNDA · Schwab Fundamental U.S. Small Company ETF 2.1%
- SPY vs BBMC · JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 1.4%
- SPY vs SMLF · iShares U.S. Small-Cap Equity Factor ETF 1.0%
- SPY vs DON · WisdomTree U.S. MidCap Dividend Fund 1.0%
- SPY vs DFAS · U.S. Small Cap Portfolio-ETF Class Shares 0.9%
- SPY vs VBK · Vanguard Morningstar Small-Cap Growth ETF 0.8%
Percentages are holdings overlap with the named fund.
Open SCHM or SPY at a brokerage
Both funds trade commission-free at major US brokerages.
Affiliate links — opening an account through these earns PlainIndex a one-time referral. Scoring is computed before any affiliate consideration; see our methodology and funding disclosure.
Holdings overlap is the sum of min(weight_a, weight_b) over positions
matched on ISIN (CUSIP fallback). Methodology: see
/methodology/.
Comparing two funds doesn't endorse swapping one for the other. Tax-lot history, account type, and personal goals matter — PlainIndex publishes data and methodology, not investment advice.