SCHM

Schwab U.S. Mid-Cap ETF

$29.16
+0.00%
Market closed. Last update: 10:58 PM ET

📎 Investment Objective

The Schwab U.S. Mid-Cap ETF seeks to track the performance of the Dow Jones U.S. Mid-Cap Total Stock Market Index, which represents the mid-capitalization segment of the U.S. equity market.

Overview

ETF tracking Schwab U.S. Mid-Cap ETF

Category Mid Cap
Issuer Charles Schwab
Inception Date 2011-01-13
Market Cap $13.3B
Average Volume N/A
Dividend Yield 1.45%
52-Week Range $22.92 - $30.17
VWAP $29.19

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The Schwab U.S. Mid-Cap ETF seeks to track the performance of the Dow Jones U.S. Mid-Cap Total Stock Market Index, which represents the mid-capitalization segment of the U.S. equity market.

🎯 Investment Strategy

The fund invests in a broad portfolio of mid-cap U.S. stocks in an effort to replicate the performance of the underlying index. It uses a passively managed, full-replication approach, meaning it holds all the stocks in the index in roughly the same proportions.

✨ Key Features

  • Broad exposure to the mid-cap segment of the U.S. equity market
  • Passively managed index fund with low expense ratio
  • Seeks to provide long-term capital appreciation
  • Diversified portfolio of mid-cap stocks

⚠️ Primary Risks

  • Market risk: The value of the fund's holdings may decline due to general market conditions
  • Concentration risk: The fund's performance may be affected by the performance of the mid-cap segment of the market
  • Tracking error risk: The fund may not perfectly track the performance of its underlying index
  • Liquidity risk: Mid-cap stocks may be less liquid than large-cap stocks, which could affect the fund's ability to sell positions

👤 Best For

The Schwab U.S. Mid-Cap ETF may be suitable for investors seeking broad exposure to the mid-cap segment of the U.S. equity market as part of a diversified portfolio. It may be appropriate for investors with a medium to long-term investment horizon and a moderate risk tolerance.