EZM vs SCHM: Grades, Fees and Holdings Compared

WisdomTree U.S. MidCap Fund

EZMCNYSE Arca

Schwab U.S. Mid-Cap ETF

SCHMANYSE Arca

Overlap

46.0%by weight

Expense ratio

SCHM −0.35pt a year

EZM0.38%SCHM0.03%

Avg volume · 30D

SCHM 99.3×the volume

EZM17.9KSCHM1.78M

10Y return · a year

SCHM +0.4pt

EZM+10.8%SCHM+11.2%

EZM vs SCHM Performance

Oct 29, 2021 – Oct 30, 2026

+47.9%EZM+39.8%SCHM

Expense ratio: EZM 0.38%; SCHM 0.03%, better
Fund size: EZM $940M; SCHM $14.8B
1Y total return: EZM +17.1%; SCHM +19.7%, better
Yield (12M): EZM 1.21%; SCHM 1.27%, better
Holdings: EZM 506; SCHM 502
Avg volume (30D): EZM 17.9K sh; SCHM 1.78M sh, better
NAV per share: EZM $74.91; SCHM $34.93
52W range

ETF.net Grade

Pillar letters and Scores for EZM, SCHM, with each pillar’s weight
Pillar	EZM	SCHM
Cost30% weight	D26	A86Higher
Mission25% weight	A96	A100Higher
Risk15% weight	C49Higher	D36
Tradability15% weight	D28	A82Higher
Holdings10% weight	B61	A87Higher
Durability5% weight	C47	A73Higher

Rank among US Mid-Cap funds

How we build Categories ›

Same Category. EZM and SCHM are both graded against the same 13 US Mid-Cap funds, so their Grades compare head to head.

US Mid-Cap⁠

Category · 13 funds

See all 13 ›

SCHM ranks 2nd and EZM 9th of 13 funds in the US Mid-Cap Category.

Rank 1AIMCBiShares Morningstar Mid-Cap ETFScore 82
Rank 2ASCHMSchwab U.S. Mid-Cap ETFScore 80
Rank 3AVOVanguard Morningstar Mid-Cap ETFScore 79
Rank 8BIQSMNYLI Candriam U.S. Mid Cap Equity ETFScore 58
Rank 9CEZMWisdomTree U.S. MidCap FundScore 51
Rank 9CFMDEFidelity Enhanced Mid Cap ETFScore 51

Our read on each fund

ETF.net Research

EZMCWisdomTree U.S. MidCap Fund

SCHMASchwab U.S. Mid-Cap ETF

In short

EZM A 2007-vintage twist on mid caps: EZM's index only takes U.S. companies that actually generate earnings, then holds roughly 600 of them. Profit screen first, size second.

SCHM The forgotten middle of the US market, for three basis points. SCHM has tracked the Dow Jones U.S. Mid-Cap Total Stock Market Index since 2011, holding roughly 500 companies at a fee nobody in the category undercuts.

Stated mandate

EZM The fund seeks to track earnings-generating mid-cap companies in the U.S. equity market.

SCHM The fund seeks to track, before fees and expenses, the total return of the Dow Jones U.S. Mid-Cap Total Stock Market Index.

Why people hold it

EZM The index screens for earnings-generating U.S. mid caps, so unprofitable names don't ride in on size alone.wisdomtree.com
Roughly 600 holdings spread the exposure across the mid-cap field instead of leaning on a handful of names.
Live since 2007, through the financial crisis and everything after, and it pays quarterly.
Stays in its declared lane: U.S., equity, mid cap, tracking the published WisdomTree U.S. MidCap Index with tight fidelity to that mandate.wisdomtree.com

SCHM 0.03% a year, 30 cents per $100. That ties VO for the lowest fee in the mid-cap group and runs well below the category's typical charge.schwabassetmanagement.com
Pure index plumbing: no stock picking, no tilts. The fund has tracked its benchmark closely, which is the whole job description here.
Roughly 500 mid-sized US companies, so no single name carries the fund. Broad enough to be a one-ticket middle slice.
A multi-billion-dollar fund trading since 2011 and among the stronger builds in its peer group, with active daily volume and tight handling.

Worth knowing

EZM The screen costs money: 0.38% a year against a 0.15% category median, while plain cap-weighted rivals VO and SCHM run 0.03%.
It trades thinly next to the category's giants, so spreads can be wider when you go to buy or sell.
An earnings screen builds a different basket than a standard cap-weighted mid-cap index, so results will diverge from that benchmark in both directions.

SCHM Mid-caps swing harder than blue chips. This is full, undampened exposure to that middle tier, with nothing built in to soften rough stretches.
Every provider draws the mid-cap line differently. The Dow Jones index here won't hold the same names as a Russell or Morningstar mid-cap fund, so overlap with what you own varies.
Distributions land quarterly, and they're a byproduct of the index, not the point. This is a growth-of-capital vehicle, not an income one.

Full EZM profile⁠

Full SCHM profile⁠

EZM vs SCHM Holdings

How EZM and SCHM differ

Overlap by weight

46.0%

Shared holdings make up 72.5% of EZM and 50.7% of SCHM.

Level by level

Holdings284 in both46.0%
Sector11 Sectors86.7%
Countryby domicile99.4%
Asset classEquity100%

Sector

Sector weights in EZM and SCHM, widest gap first
Sector	More in EZMMore in SCHM	EZM	SCHM
Financials	EZM +5.8 points	19.2%	13.4%
Consumer Discretionary	EZM +4.1 points	14.9%	10.8%
Technology	SCHM +3.7 points	13.9%	17.6%
Industrials	SCHM +3.5 points	15.3%	18.8%
Real Estate	SCHM +3.2 points	4.9%	8.1%
Energy	EZM +2.8 points	6.7%	3.9%
Health Care	SCHM +1.5 points	11.4%	12.9%
Communication	SCHM +1.2 points	1.8%	3.0%
Consumer Staples	EZM +0.4 points	4.6%	4.2%
Materials	SCHM +0.3 points	4.0%	4.3%
Utilities	EZM +0.2 points	3.2%	3.0%

Country, concentration and asset class

Country by domicile

Country weights in EZM and SCHM, widest gap first
Country	More in EZMMore in SCHM	EZM	SCHM
United States	SCHM +0.5 points	99.1%	99.6%
Sweden	EZM +0.1 points	0.3%	0.2%
Brazil	EZM +0.3 points	0.3%	0.0%
India	EZM +0.1 points	0.2%	0.1%
Switzerland	SCHM +0.1 points	0.0%	0.1%

Concentration

Weight in the 10 largest Holdings

EZM9.0%
SCHM4.9%

Securities held

EZM504
SCHM502

Asset class

EZM: Equity
SCHM: Equity

Holdings

Only in EZM220
In both284
Only in SCHM218

Only in EZM

220 securities, 27.5% of EZM by weight

Dropbox Inc-Class A0.44%
Tg Therapeutics Inc0.39%
Ingram Micro Holding Corp0.38%
Abercrombie & Fitch Co0.37%
Brown-Forman Corp0.35%
Sitime Corp0.33%
Bath & Body Works Inc0.33%
Macy's Inc0.32%
Lantheus Holdings Inc0.32%
Valaris Ltd0.32%
Gap Inc/The0.31%
Graham Holdings Co0.30%
Enact Holdings Inc0.29%
Healthsouth Corp0.28%
Warner Music Group Corp-Cl A0.28%
PVH Corp0.27%
Bank of the Ozarks Inc0.27%
Ptc Therapeutics Inc0.26%
Signet Jewelers Ltd0.25%
Southwest Gas Holdings Inc0.24%
Avnet Inc0.24%
Cal-Maine Foods Inc0.24%
frontdoor Inc0.24%
Dillard's Inc0.23%
Springleaf Holdings Inc0.23%
Weatherford International Pl0.21%
California Resources Corp0.21%
Asbury Automotive Group Inc0.21%
Vontier Corp0.21%
EnerSys0.21%
Meritage Homes Corp0.21%
Radian Group Inc0.21%
Victory Capital Holding - A0.21%
Travel + Leisure Co0.20%
Amneal Pharmaceuticals Inc0.20%
Silgan Holdings Inc0.20%
M/I Homes Inc0.20%
KBR Inc0.20%
Pacs Group Inc0.20%
Moog Inc0.19%
Gates Industrial Corp Ltd0.19%
FNB Corp/PA0.19%
CNO Financial Group Inc0.19%
U-Store-It Trust0.19%
Choice Hotels International Inc0.18%
Hancock Whitney Corp0.18%
Marathon Digital Holdings Inc0.18%
Dolby Laboratories Inc0.18%
Magnolia Oil & Gas Corp0.18%
New Jersey Resources Corp0.17%

Only in SCHM

218 securities, 49.3% of SCHM by weight

Okta Class A0.74%
United Therapeutics0.51%
Guardant Health0.50%
Packaging Corp of America0.46%
Reliance0.45%
Us Foods Holding0.45%
Omnicom Group Inc0.45%
Tenet Healthcare Corp0.44%
Rubrik Class A0.43%
Nisource0.43%
Xpo0.43%
Ptc0.43%
Cdw0.42%
Roku Class A0.42%
F50.42%
Ftai Aviation0.41%
Royal Gold0.41%
Incyte Corp0.40%
Evergy0.40%
Texas Pacific Land0.39%
Nutanix Class A0.39%
Woodward0.38%
Snap On Inc0.37%
Loews0.37%
Alliant Energy Corp0.37%
East West Bancorp0.37%
Itt Inc0.37%
Jacobs Solutions Inc0.36%
Wesco International0.36%
Idex0.36%
Dynatrace Inc0.36%
Macom Technology Solutions0.35%
Nordson0.35%
Api Group0.35%
Reinsurance Group of America0.35%
Ball Corp0.35%
Kimco Realty Reit Corp0.33%
Rb Global0.33%
Jones Lang Lasalle0.33%
Circle Internet Group Inc Class A0.33%
Allegion PLC0.32%
Tyson Foods Inc Class A0.32%
Masco0.32%
Rbc Bearings0.32%
Docusign0.31%
Talen Energy0.31%
Samsara Class A0.31%
Lincoln Electric Holdings0.31%
Performance Food Group0.31%
Medpace Holdings0.31%

Weight gaps

The 100 widest of 284 Holdings in both funds.

Holding weights in EZM and SCHM, widest gap first
Holding	More in EZMMore in SCHM	EZM	SCHM
Viatris IncVTRS	EZM +1.23 points	1.68%	0.45%
APA CorpAPA	EZM +0.76 points	1.12%	0.36%
CF Industries Holdings IncCF	EZM +0.59 points	0.95%	0.36%
Renaissancere Holdings LtdRNR	EZM +0.54 points	0.82%	0.28%
Ovintiv IncOVV	EZM +0.53 points	0.93%	0.40%
Jackson Financial Inc-A W/IJXN	EZM +0.53 points	0.70%	0.17%
Sirius Xm Holdings IncSIRI	EZM +0.49 points	0.60%	0.11%
AES Corp/TheAES	EZM +0.47 points	0.69%	0.22%
Penske Auto Group IncPAG	EZM +0.45 points	0.53%	0.08%
Pilgrim's Pride CorpPPC	EZM +0.42 points	0.44%	0.02%
Franklin Resources IncBEN	EZM +0.41 points	0.60%	0.19%
DaVita Inc.DVA	EZM +0.40 points	0.53%	0.13%
Lincoln National CorpLNC	EZM +0.40 points	0.54%	0.14%
Crocs IncCROX	EZM +0.38 points	0.53%	0.15%
Matador Resources CoMTDR	EZM +0.37 points	0.51%	0.14%
Skyworks Solutions IncSWKS	EZM +0.34 points	0.75%	0.41%
Chord Energy CorpCHRD	EZM +0.33 points	0.50%	0.17%
Halozyme Therapeutics IncHALO	EZM +0.33 points	0.63%	0.30%
ADT IncADT	EZM +0.31 points	0.42%	0.11%
Albertsons Cos Inc - Class AACI	EZM +0.31 points	0.40%	0.09%
Smithfield Foods IncSFD	EZM +0.31 points	0.33%	0.02%
Globe Life IncGL	EZM +0.30 points	0.55%	0.25%
BorgWarner IncBWA	EZM +0.29 points	0.51%	0.22%
TD Synnex CorpSNX	EZM +0.28 points	0.69%	0.41%
Science Applications International CorpSAIC	EZM +0.27 points	0.40%	0.13%
JM Smucker Co/TheSJM	EZM +0.27 points	0.54%	0.27%
Axis Capital Holdings LtdAXS	EZM +0.25 points	0.40%	0.15%
Vornado Realty TrustVNO	EZM +0.24 points	0.35%	0.11%
Norwegian Cruise Line HoldingsNCLH	EZM +0.24 points	0.41%	0.17%
Lithia Motors IncLAD	EZM +0.24 points	0.37%	0.13%
Voya Financial IncVOYA	EZM +0.23 points	0.41%	0.18%
H&R Block IncHRB	EZM +0.22 points	0.34%	0.12%
Pinnacle Financial PartnersPNFP	EZM +0.22 points	0.53%	0.31%
Crown Holdings IncCCK	EZM +0.21 points	0.47%	0.26%
Eastman Chemical CoEMN	EZM +0.20 points	0.36%	0.16%
Sonoco Products CoSON	EZM +0.20 points	0.30%	0.10%
Autonation IncAN	EZM +0.20 points	0.29%	0.09%
Lear CorpLEA	EZM +0.20 points	0.32%	0.12%
Campbell Soup CoCPB	EZM +0.20 points	0.28%	0.08%
Permian Resources CorpPR	EZM +0.20 points	0.63%	0.43%
Exelixis IncEXEL	EZM +0.19 points	0.52%	0.33%
Avantor IncAVTR	EZM +0.18 points	0.41%	0.23%
Allison Transmission HoldingsALSN	EZM +0.19 points	0.37%	0.18%
Qxo IncQXO	SCHM +0.18 points	0.06%	0.24%
Affiliated Managers Group IncAMG	EZM +0.18 points	0.39%	0.21%
HF Sinclair CorpDINO	EZM +0.18 points	0.53%	0.35%
Oshkosh CorpOSK	EZM +0.18 points	0.35%	0.17%
Paycom Software IncPAYC	EZM +0.17 points	0.37%	0.20%
Carmax IncKMX	EZM +0.17 points	0.33%	0.16%
Ingredion IncINGR	EZM +0.17 points	0.29%	0.12%
Autoliv IncALV	EZM +0.17 points	0.33%	0.16%
Ryder System IncR	EZM +0.16 points	0.38%	0.22%
Range Resources CorpRRC	EZM +0.17 points	0.42%	0.25%
Mohawk Industries IncMHK	EZM +0.17 points	0.30%	0.13%
Assurant IncAIZ	EZM +0.16 points	0.45%	0.29%
Popular IncBPOP	EZM +0.17 points	0.37%	0.20%
UGI CorpUGI	EZM +0.16 points	0.33%	0.17%
Boyd Gaming CorpBYD	EZM +0.16 points	0.23%	0.07%
Booz Allen Hamilton Holding CoBAH	EZM +0.16 points	0.36%	0.20%
Zions BancorporationZION	EZM +0.15 points	0.35%	0.20%
Coeur d'Alene Mines CorpCDE	SCHM +0.15 points	0.14%	0.29%
Alkermes IncALKS	EZM +0.16 points	0.31%	0.15%
Hanover Insurance Group Inc/TheTHG	EZM +0.15 points	0.32%	0.17%
Wayfair Inc- Class AW	SCHM +0.15 points	0.13%	0.28%
Alcoa IncAA	EZM +0.15 points	0.36%	0.21%
Repligen CorpRGEN	SCHM +0.15 points	0.09%	0.24%
Sensata Technologies HoldingST	EZM +0.15 points	0.27%	0.12%
American Healthcare Reit IncAHR	SCHM +0.14 points	0.09%	0.23%
Mosaic Co/TheMOS	EZM +0.14 points	0.26%	0.12%
MGIC Investment CorpMTG	EZM +0.15 points	0.27%	0.12%
Coca-Cola Consolidated IncCOKE	EZM +0.14 points	0.38%	0.24%
Stanley Black & Decker Inc.SWK	EZM +0.14 points	0.46%	0.32%
Essent Group LtdESNT	EZM +0.15 points	0.27%	0.12%
Penumbra IncPEN	SCHM +0.15 points	0.11%	0.26%
Henry Schein IncHSIC	EZM +0.14 points	0.31%	0.17%
BOK Financial CorpBOKF	EZM +0.14 points	0.19%	0.05%
Semtech CorpSMTC	SCHM +0.14 points	0.13%	0.27%
Urban Outfitters IncURBN	EZM +0.13 points	0.24%	0.11%
Axalta Coating Systems LtdAXTA	EZM +0.13 points	0.28%	0.15%
Middleby CorpMIDD	EZM +0.13 points	0.23%	0.10%
American Financial Group IncAFG	EZM +0.13 points	0.34%	0.21%
Western Alliance BancorpWAL	EZM +0.13 points	0.29%	0.16%
MGM MirageMGM	EZM +0.13 points	0.23%	0.10%
First Horizon CorpFHN	EZM +0.12 points	0.35%	0.23%
Genpact LtdG	EZM +0.13 points	0.25%	0.12%
Reynolds Consumer Products IncREYN	EZM +0.12 points	0.15%	0.03%
WEX IncWEX	EZM +0.12 points	0.24%	0.12%
Old National Bancorp/INONB	EZM +0.12 points	0.29%	0.17%
Maplebear IncCART	EZM +0.12 points	0.30%	0.18%
Entegris IncENTG	EZM +0.12 points	0.61%	0.49%
Murphy USA IncMUSA	EZM +0.12 points	0.30%	0.18%
National Fuel Gas CoNFG	EZM +0.12 points	0.27%	0.15%
Brinker International IncEAT	EZM +0.12 points	0.31%	0.19%
Match Group IncMTCH	EZM +0.11 points	0.31%	0.20%
Amentum Holdings IncAMTM	EZM +0.11 points	0.18%	0.07%
American Airlines Group IncAAL	EZM +0.11 points	0.28%	0.17%
Antero Midstream CorpAM	EZM +0.12 points	0.26%	0.14%
Arrowhead Pharmaceuticals IncARWR	SCHM +0.11 points	0.06%	0.17%
Protagonist Therapeutics IncPTGX	SCHM +0.11 points	0.08%	0.19%
Host Hotels & Resorts IncHST	EZM +0.10 points	0.46%	0.36%

All 556 EZM holdings⁠All 503 SCHM holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

EZM vs SCHM Cost

Overpaying EZM vs SCHM

$7,068

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

EZM 0.38%
$7,706
SCHM 0.03%
$638

Amount$10,000

Years30 years

Cost over time

EZM 0.38%
SCHM 0.03%
Overpaying

Year by year

Year	EZM	SCHM	Overpaying
10	$688	$55	$633
20	$2,658	$216	$2,442
30	$7,706	$638	$7,068

Expense ratio

0.38%EZM
0.03%SCHM, cheaper

SCHM0.03%EZM0.38%

0.03%0.79%

Middle half of US Mid-Cap funds
Median 0.15%

SCHM cheapest of 13 funds

EZM 10th cheapest of 13 funds

EZM vs SCHM Dividends

Last 12 months to Oct 30, 2026

Yield (12M): EZM 1.21%; SCHM 1.27%, better
Payout (12M): EZM $0.90; SCHM $0.44
Last payment: EZM $0.22; SCHM $0.13
Ex-dividend: EZM Sep 25, 2026; SCHM Sep 23, 2026
Paid on: EZM Sep 29, 2026; SCHM Sep 28, 2026
Frequency: EZM Quarterly; SCHM Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

EZMQuarterly · 40 paymentsAll EZM payments⁠

SCHMQuarterly · 40 paymentsAll SCHM payments⁠

EZM vs SCHM Risk

Fall from peak · 5 years

EZM
SCHM

Risk facts

VolatilityStd dev, 3 years: EZM 16.0%SCHM 15.8%, better
Return per unit of riskSharpe ratio, 3 years: EZM 0.83SCHM 0.93, better
Worst fallMax drawdown, 5 years: EZM −23.5%, betterSCHM −26.5%
Market sensitivityBeta, 5 years: EZM 1.02SCHM 1.06; Market = 1

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