QMID vs SCHG

QMIDCWisdomTree U.S. MidCap Quality Growth Fund

SCHGASchwab U.S. Large-Cap Growth ETF

In short

QMID Plenty of mid-cap growth funds buy growth and hope profits follow. QMID ranks mid-caps on both, blending earnings and sales growth with return on equity and assets, then keeps only the top-scoring 30% and bars real estate, utilities and banks outright.

SCHG Schwab's growth workhorse: roughly 200 large-cap U.S. growth names for four basis points, one of the cheapest tickets in a crowded category. Running since 2009 and among the most heavily traded growth funds around.

Stated mandate

QMID QMID seeks to track, before fees and expenses, the price and yield performance of the WisdomTree U.S. MidCap Quality Growth Index. It uses passive indexing and generally representative sampling to pursue that objective.

SCHG SCHG seeks to track, before fees and expenses, the total return of the Dow Jones U.S. Large-Cap Growth Total Stock Market Index. It generally invests in stocks included in that index, which represents large-cap U.S. growth equities.

Why people hold it

• QMID Two screens, not one: the index scores companies on growth (analyst forecasts plus trailing 3-year earnings and sales growth) and quality (trailing 3-year ROE and ROA), then takes the top 30%.wisdomtree.com
• Real estate, utilities and banks are ineligible by rule, a deliberate swerve around the mid-cap corners WisdomTree flags for slower growth and lumpier earnings.wisdomtree.comwisdomtree.com 2
• High-conviction by construction: roughly 130 stocks, market-cap weighted, rescreened each May and November. Narrower than the sprawling mid-cap growth benchmarks.wisdomtree.com
• Straightforward plumbing: a passive 1940 Act fund that samples its own published index, with the rulebook public rather than left to manager judgment.

• SCHG 0.04% a year against a growth-category median of 0.18%. Costs sit near the floor of the group.
• Hews closely to the Dow Jones U.S. Large-Cap Growth Total Stock Market Index, one of the tighter index implementations in its peer group.
• Live since 2009, a multi-billion-dollar fund, and one of the busier tickers in the growth aisle, so entering and exiting is usually cheap and easy.
• The benchmark is carved out of a total-market growth index, not S&P 500 membership, so a stock does not need an index committee's nod to qualify.

Worth knowing

• QMID You pay for the screen. The 0.38% expense ratio sits above the growth-cohort median of 0.18%, and index rivals like IMCG charge 0.06%.
• Still a small, thinly traded fund since its 2024 launch. Spreads can be wider than the mega-funds in the category, which makes limit orders the sane default.
• WisdomTree classes the fund as non-diversified, so a single holding can move it more than a broader basket would.wisdomtree.com

• SCHG Growth-only by design. Value and dividend-heavy corners of the market sit outside the mandate, so the ride differs from a total-market fund.
• Large-cap U.S. only, roughly 200 stocks. No mid-caps, no small-caps, nothing overseas.
• VUG charges a hair less for a similar broad-growth mandate. A tiny gap, but it is there. Distributions here arrive quarterly.

Full QMID profile⁠

Full SCHG profile⁠