About SCHM ETF
ETF Name: Schwab Mid-Cap ETF (SCHM)
Sector: SCHM has invested in Technology (20%), Industrials (15%), Consumer Cyclical (13%), Financials (12%) and Real estate (11%).
Geography: SCHM has invested 100% of its assets in the US.
Fund Manager Name: Charles Schwab
ETF Description: SCHM's selection universe excludes small- and large-cap stocks as it focuses exclusively on tracking the Dow Jones U.S. Mid Cap Total Stock Market Index. Its stricter mid-cap focus causes some divergence from our benchmark, with a slight bias toward financials and away from consumer cyclicals. It has a a policy of turning over 100% of net security lending revenues to investors.
What ETFdb says about it: This ETF is one of several ETFs available that offers exposure to mid cap U.S. stocks, an asset class that can make up a significant portion of long-term, buy-and-hold portfolios.
Why is that Kristal there: A complete pool of 2100+ ETFs are screened on various qualitative and quantitative parameters to evaluate efficiency, tradability and fit. The metrics used were alpha, beta and R-Squared with respect to the segment benchmark and ETF specific metrics such as expense ratio, drawdown, volatility and the overall rating. We evaluate all ETFs and assign a composite score based on our analysis and then select the top ones in a category based on that comprehensive score by the inhouse research / quant analysts team. It's easy to trade, with low creation costs, and cheap to hold thanks to the lowest expense ratios in the segment and a history of avoiding capital gains payouts. The strategy is rebalanced on a quarterly basis with the rebalancing mechanism being determined by an algorithm that takes into account the overall performance of the strategy so far.
Fund Manager Description: Founded in 1971, Charles Schwab is one of the largest asset manager in the world managing $3.36T. The company operated 345 branches in 46 states in US along with branches in London and Puerto Rico, with more than 17000 employees.
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