Schwab U.S. Mid-Cap Index Fund
U.S. stock index fund · tracks Russell Midcap Index
As of its 2026 Q2 report, Schwab U.S. Mid-Cap Index Fund held 793 positions with $2.59B in net assets. Its ten largest holdings made up 8.1% of the fund. The SWMCX share class costs 0.04% a year. Over the 12 months to May 2026, SWMCX returned 22.4%, with dividends reinvested. In 2026 Q3 it added 81 new positions and exited 61.
The funds goal is to track the performance of a benchmark index that measures the total return of mid capitalization U.S. stocks.
The fund tracks the Russell Midcap Index by holding securities in the same weights as the index, though it may adjust weightings to manage transaction costs, taxes, or liquidity, and may use sampling techniques to hold a subset of index constituents expected to perform similarly to the full index. Because the fund may employ sampling rather than holding all index securities, its performance may diverge from the index. The fund may invest up to 10% of assets in securities outside the index, including those anticipated to be added to the index or derivatives used to manage cash positions.
What you own
| Company | Weight | Value | Shares | Reported price |
|---|---|---|---|---|
SNDKSandisk Corp | 1.16% | $30.03M | 27.4K | $1,096.51 |
1.09% | $28.30M | 65.1K | $434.52 | |
GLWCorning Inc | 0.95% | $24.55M | 149.5K | $164.24 |
0.92% | $23.92M | 72.8K | $328.49 | |
0.79% | $20.52M | 28.2K | $727.77 | |
0.72% | $18.66M | 76.8K | $243.04 | |
0.68% | $17.71M | 131.8K | $134.37 | |
CMICummins Inc | 0.68% | $17.68M | 26.3K | $671.01 |
0.57% | $14.70M | 58.2K | $252.58 | |
0.55% | $14.30M | 8.9K | $1,614.41 |
Reported price is the fund's own reported value divided by its own reported shares at 2026-04-30 — not a live quote, and not what the fund paid.
The 200 largest of 793 holdings, with the share counts as filed, open with a free account.
What the fund is made of
Percentages are of fund net assets. Rounding, liabilities and short positions can make totals differ from 100%.
| Stocks | 99.57% |
| Cash & short-term | 0.48% |
| Derivatives | 0.01% |
Look-through blends 1 underlying fund; 0.0% of NAV was not looked through and stays direct-classified.
By sector
- Industrials
- 16.9%
- Information Technology
- 14.5%
- Financials
- 14.2%
- Health Care
- 10.7%
- 10 other sectors
- 43.7%
- Industrials
- 16.9%
- Information Technology
- 14.5%
- Financials
- 14.2%
- Health Care
- 10.7%
- Consumer Discretionary
- 8.6%
- Real Estate
- 6.8%
- Energy
- 6.3%
- Utilities
- 5.8%
- Consumer Staples
- 4.7%
- Materials
- 4.5%
- International
- 3.3%
- Communication Services
- 3.2%
- Other
- 0.4%
- Cash
- 0.1%
How it has done
SWMCX share class · total returns with dividends reinvested
Volatility over the last 12 months: 10.70%. Past returns are a record, not a forecast.
Jun 2026 and Jul 2026 have been filed since the trailing figures were struck, so they are not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.
Fees & fund details
Schwab U.S. Mid-Cap Index Fund is a U.S. equity index fund that tracks the Russell Midcap Index. 20% of SWMCX’s stock holdings are in companies whose revenue grew in the top quartile of U.S. companies over the last five fiscal years (covering 92% of the fund’s equity).
- Asset class
- Equity
- Region
- United States
- Management
- Index (passive)
- Fund type
- Open-end fund
- Expense ratio, by class
- 0.04%· SWMCX 0.04%
- Portfolio turnover
- 11.00% a year · as of 2026 Q1
Turnover is how much of the portfolio was replaced in a year.
Classified from what the fund holds, not from its name · 2026 Q2. The summary is a paraphrase of the prospectus; the objective is verbatim.
What changed this quarter
Positions that entered or left the fund since its previous filing. Positions that were only resized are not listed.
81 new· the largest 8
61 exited· the largest 8
Understand how this fund fits with the rest.
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