SCHE vs SCHM
Schwab Emerging Markets Equity ETF vs Schwab U.S. Mid-Cap ETF
Last updated: 2026-04-10
Schwab Emerging Markets Equity ETF (SCHE) is an exchange-traded fund issued by Schwab that provides exposure to stocks in emerging market economies with higher growth potential. It charges a low expense ratio of 0.07%. The fund offers an attractive dividend yield of 2.73%. Launched in 2010, the fund has a 16-year track record.
Schwab U.S. Mid-Cap ETF (SCHM) is an exchange-traded fund issued by Schwab that provides exposure to mid-cap U.S. companies balancing growth potential and stability. It charges a very low expense ratio of 0.04%. The fund offers a moderate dividend yield of 1.35%. Launched in 2011, the fund has a 15-year track record.
Quick Verdict
SCHM has a slightly lower expense ratio (0.04% vs 0.07%), saving about $60 per $10,000 over 10 years. Both funds have delivered similar 1-year returns (35.1% vs 34.8%), tracking closely. Income investors may prefer SCHE for its higher yield (2.7% vs 1.4%).
Key Metrics
Performance Chart
Indexed to 100 at start (5-year comparison)
Performance Comparison
Fee Impact Over Time
Estimated fee cost difference assuming 8% annual returns
Risk Metrics
Based on 5 years of daily returns
Dividend Comparison
Top Holdings
0 of top 9 holdings overlap (0% overlap in top holdings)
SCHE Top Holdings
| Name | Weight |
|---|---|
| Taiwan Semiconductor Manufacturing Company Limited!tpe/2330 | 14.12% |
| Tencent Holdings Limited!hkg/0700 | 3.97% |
| Alibaba Group Holding Limited!otc/BABAF | 2.78% |
| Reliance Industries Limited!nse/RELIANCE | 0.98% |
| China Construction Bank Corporation!hkg/0939 | 0.96% |
| HDFC Bank Limited!nse/HDFCBANK | 0.96% |
| Delta Electronics, Inc.!tpe/2308 | 0.88% |
| PDD Holdings Inc.PDD | 0.79% |
| Hon Hai Precision Industry Co., Ltd.!tpe/2317 | 0.75% |
SCHM Top Holdings
| Name | Weight |
|---|---|
| Sandisk CorporationSNDK | 2.21% |
| Ciena CorporationCIEN | 1.27% |
| Lumentum Holdings Inc.LITE | 1.14% |
| Coherent Corp.COHR | 0.98% |
| Bloom Energy CorporationBE | 0.72% |
| Tapestry, Inc.TPR | 0.60% |
| TechnipFMC plcFTI | 0.60% |
| Casey's General Stores, Inc.CASY | 0.57% |
| Texas Pacific Land CorporationTPL | 0.54% |
| Curtiss-Wright CorporationCW | 0.53% |
Which One Should You Choose?
Choose SCHM if...
you want the lowest fees and plan to buy and hold long-term. Over decades, the expense ratio difference compounds significantly.
Choose SCHE if...
you prioritize dividend income and want higher regular distributions from your portfolio.