SCHM
Schwab U.S. Mid-Cap ETF
SMB
Adj. R2
0.947
Rel. Sharpe
0.918
Mkt beta
1.02
AUM
US$13.6B
MER
0.04%
Valuation
116
ETF comparison
Verified factor-similar pair
SCHM vs SLYG
These two ETFs meet the same FF6 US comparison criteria: US-listed equity ETFs, the same USD model basis, at least one material non-market factor, and 100% overlap in statistically significant material factor exposure.
SMB
Similarity score
81
Verified similar
The score combines exposure-level distance, factor-vector shape, market-beta closeness, and a small backtested relative-Sharpe term.
Quick Read
- SCHM has the higher backtested relative Sharpe (0.918 vs 0.646).
- SCHM has the lower published fee (0.04% vs 0.15%).
- SCHM is cheaper on dividend valuation (116 vs 143, where 100 is each fund's historical median).
- SCHM has the stronger regression fit (adjusted R-squared 0.947 vs 0.928).
These are screening signals, not a complete review of portfolio construction, turnover, taxes, or trading quality.
SLYG
State Street SPDR S&P 600 Small Cap Growth ETF
SMB
Adj. R2
0.928
Rel. Sharpe
0.646
Mkt beta
1.04
AUM
US$4.2B
MER
0.15%
Valuation
143
Factor Exposure Match
Blue bars compare raw factor beta magnitude. Green bars compare absolute t-stat strength. Dim bars indicate the t-stat is below 1.96.
SMB
diff -0.34
HML
diff +0.18
RMW
diff +0.16
CMA
diff +0.03
UMD
diff +0.06
Why This Pair Matches
Exposure level
78
Exposure shape
95
Mkt beta diff
0.02
Rel. Sharpe diff
0.271
This comparison focuses on measured factor exposure. It does not compare holdings methodology, turnover, tax handling, or issuer process. Backtested relative Sharpe is a secondary signal rather than a stand-alone forecast. See methodology.
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