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TMSL vs SCHM

T. Rowe Price Small-Mid Cap ETF vs Schwab U.S. Mid-Cap ETF

TMSL

T. Rowe Price Small-Mid Cap ETF

T. Rowe Price

Annual cost

0.55%

Fund size

$2.0B

SCHM

Schwab U.S. Mid-Cap ETF

Schwab ETFs

Annual cost

0.04%

Fund size

$14.3B

Key differences

  • SCHM costs 0.51% less per year.
  • SCHM is significantly larger than TMSL — larger funds tend to be more liquid and less likely to close.
  • SCHM has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

TMSLSCHM
Annual cost (TER)0.55%0.04%
Fund size (AUM)$2.0B$14.3B
Since20232011
Dividend yield0.51%1.28%
Asset classequityequity
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+32.2%+30.9%
CAGR 3YN/A+17.7%
CAGR 5YN/A+7.8%
Sharpe 3YN/A0.81
Volatility 1Y17.29%15.72%
Max drawdown-24.39%-42.43%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to TMSL and SCHM