SWMCX Performance — Schwab U.S. Mid-Cap Index Fund
Data updated: 2026-09-24
SWMCX returned +14.53% year to date and +18.65% over one year to Jul 2026. Annualised returns are +14.71% over 3 years and +8.16% over 5 years. Against its US Mid-Cap Blend category average the fund came out ahead over three years but behind over one: $100 invested three years ago grew to $151, against $144 for the category, and to $119 over one year, against $119. Volatility over the past three years was 14.96% a year. In the 12 months to Jul 2026 the fund took in a net $284.5M, and assets reached $2.78B.
SWMCX Growth of $100
What $100 invested in Schwab U.S. Mid-Cap Index Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Mid-Cap Blend category average over the same months.
| Period | SWMCX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $119 | $119 |
| 3 years (Aug 2023 – Jul 2026) | $151 | $144 |
| 5 years (Aug 2021 – Jul 2026) | $148 | $145 |
| Since data start (Aug 2019 – Jul 2026) | $215 | $204 |
SWMCX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +14.53% |
| 1 year | +18.65% |
| 3 years (annualised) | +14.71% |
| 5 years (annualised) | +8.16% |
SWMCX Annual Returns
Calendar-year total returns of Schwab U.S. Mid-Cap Index Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +14.53% |
| 2025 | +10.56% |
| 2024 | +15.28% |
| 2023 | +17.21% |
| 2022 | −17.30% |
| 2021 | +22.53% |
| 2020 | +17.05% |
| 2019 (Aug–Dec) | +6.04% |
SWMCX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +3.1% | +3.8% | −5.3% | +7.3% | +2.9% | +3.1% | −0.7% | — | — | — | — | — |
| 2025 | +4.2% | −2.8% | −4.6% | −1.1% | +5.7% | +3.7% | +1.8% | +2.5% | +0.9% | −0.9% | +1.3% | −0.2% |
| 2024 | −1.4% | +5.6% | +4.3% | −5.4% | +2.9% | −0.7% | +4.7% | +2.0% | +2.2% | −0.5% | +8.8% | −7.0% |
| 2023 | +8.3% | −2.4% | −1.5% | −0.5% | −2.8% | +8.3% | +4.0% | −3.5% | −5.0% | −5.0% | +10.2% | +7.7% |
| 2022 | −7.4% | −0.7% | +2.6% | −7.7% | +0.1% | −10.0% | +9.9% | −3.2% | −9.3% | +8.9% | +6.0% | −5.4% |
| 2021 | −0.3% | +5.6% | +2.7% | +5.1% | +0.8% | +1.4% | +0.8% | +2.5% | −4.1% | +5.9% | −3.5% | +4.1% |
| 2020 | −0.8% | −8.7% | −19.5% | +14.3% | +7.0% | +1.8% | +5.9% | +3.5% | −1.9% | +0.6% | +13.8% | +4.7% |
| 2019 | — | — | — | — | — | — | — | −2.9% | +2.0% | +1.1% | +3.6% | +2.3% |
SWMCX Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 14.96%
- 3-year Sharpe ratio: 0.68 (vs 4.5% risk-free rate)
- Best month: +10.23% (Nov 2023)
- Worst month: −7.05% (Dec 2024)
SWMCX Fund Flows
Monthly money in and out of Schwab U.S. Mid-Cap Index Fund, from SEC Form N-PORT.
- 12-month net flow: $284.5M
- 12-month gross sales (incl. reinvestments): $798.7M
- Sales ÷ redemptions: 1.55×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $40.3M | $33.2M | $7.1M |
| Jun 2026 | $156.4M | $152.6M | $3.8M |
| May 2026 | $98.9M | $62.3M | $36.6M |
| Apr 2026 | $51.8M | $23.9M | $27.9M |
| Mar 2026 | $47.6M | $32.2M | $15.4M |
| Feb 2026 | $77.4M | $29.2M | $48.3M |
| Jan 2026 | $59.0M | $26.9M | $32.1M |
| Dec 2025 | $84.0M | $27.6M | $56.4M |
| Nov 2025 | $48.9M | $21.8M | $27.1M |
| Oct 2025 | $53.3M | $23.1M | $30.2M |
| Sep 2025 | $51.1M | $55.8M | −$4.7M |
| Aug 2025 | $30.0M | $25.5M | $4.5M |
SWMCX Assets Under Management
Net assets of Schwab U.S. Mid-Cap Index Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $2.78B |
| 2026-04-30 | $2.59B |
| 2026-01-31 | $2.37B |
| 2025-10-31 | $2.21B |
| 2025-07-31 | $2.12B |
| 2025-04-30 | $1.86B |
| 2025-01-31 | $1.76B |
| 2024-10-31 | $1.63B |
| 2024-07-31 | $1.55B |
| 2024-04-30 | $1.39B |
| 2024-01-31 | $1.26B |
| 2023-10-31 | $1.06B |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.