SCHM 📈 Schwab U.S. Mid-Cap - Overview

The Schwab U.S. Mid-Cap ETF, listed on the NYSE ARCA under the ticker symbol SCHM, is designed to track the performance of the Dow Jones U.S. Mid-Cap Total Stock Market Index. This index is a subset of the broader Dow Jones U.S. Total Stock Market Index, focusing specifically on the mid-cap segment of the market. The mid-cap portion is defined as those components ranked 501-1000 by full market capitalization, providing a targeted exposure to this particular market segment. By tracking this index, the ETF offers investors a diversified portfolio of mid-cap stocks, which can be an attractive option for those seeking to tap into the potential of established companies that are still in a growth phase.

The Dow Jones U.S. Mid-Cap Total Stock Market Index is a float-adjusted market capitalization weighted index, meaning that the weights of the components are adjusted to reflect only the publicly available shares, excluding closely held or strategic shares. This approach aims to provide a more accurate representation of the market capitalization available for public investment. The ETF, in turn, will invest at least 90% of its net assets in securities that are included in the index, ensuring a high level of consistency with the underlying index's performance. This investment strategy allows the fund to closely track the index's returns, providing investors with a reliable and efficient way to gain exposure to the U.S. mid-cap market.

As an exchange-traded fund (ETF), the Schwab U.S. Mid-Cap ETF offers the benefits of transparency, flexibility, and cost-efficiency. Listed on the NYSE ARCA, it can be bought and sold throughout the trading day, allowing investors to quickly respond to market opportunities. With its domicile in the United States and ISIN of US8085245087, the fund is subject to U.S. regulatory requirements, providing an additional layer of investor protection. The ETF falls under the mid-cap blend category, indicating that it does not have a specific style bias, such as growth or value, but instead seeks to represent the overall mid-cap market segment. For more information, investors can visit the company's website at http://www.schwabfunds.com.