Asset Allocation
Find the right asset allocation for Charles Schwab
Add portfolio to the optimizer to find optimal allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
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Performance Chart
The chart shows the growth of an initial investment of $10,000 in Charles Schwab, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends. The portfolio is rebalanced Every 3 months.
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Returns By Period
As of Jun 20, 2026, the Charles Schwab returned 13.99% Year-To-Date and 12.54% of annualized return in the last 10 years.
| Position | 1D | 1M | YTD | 6M | 1Y | 3Y* | 5Y* | 10Y* |
|---|---|---|---|---|---|---|---|---|
Benchmark S&P 500 Index | -0.37% | -0.01% | 9.16% | 8.64% | 25.22% | 19.78% | 11.99% | 13.88% |
Portfolio Charles Schwab | -0.19% | -3.33% | 13.99% | 13.27% | 25.36% | 17.96% | 10.89% | 12.54% |
| Portfolio components: | ||||||||
IAU iShares Gold Trust | -0.67% | -7.09% | -2.92% | -5.73% | 24.19% | 29.42% | 18.45% | 11.97% |
PDBC Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF | -0.85% | -10.11% | 23.47% | 23.29% | 22.26% | 10.44% | 10.25% | 7.71% |
SCHC Schwab International Small-Cap Equity ETF | -0.20% | -1.97% | 8.19% | 8.34% | 24.95% | 18.14% | 6.51% | 8.68% |
SCHD Schwab U.S. Dividend Equity ETF | 0.09% | -2.86% | 17.24% | 16.44% | 24.06% | 14.45% | 8.77% | 12.68% |
SCHE Schwab Emerging Markets Equity ETF | 0.98% | 4.17% | 13.71% | 14.37% | 31.95% | 18.83% | 5.77% | 9.30% |
SCHG Schwab U.S. Large-Cap Growth ETF | -1.24% | -2.59% | 2.76% | 2.11% | 20.89% | 22.70% | 13.68% | 18.81% |
SCHH Schwab US REIT ETF | 1.24% | -0.08% | 13.92% | 14.36% | 14.58% | 11.60% | 3.36% | 4.16% |
Monthly Returns
Based on dividend-adjusted daily data since Nov 7, 2014, Charles Schwab's average daily return is +0.04%, while the average monthly return is +0.90%. At this rate, an investment would double in approximately 6.4 years.
Historically, 63% of months were positive and 37% were negative. The best month was Nov 2020 with a return of +9.7%, while the worst month was Mar 2020 at -12.2%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 5 months.
On a daily basis, Charles Schwab closed higher 55% of trading days. The best single day was Mar 24, 2020 with a return of +6.8%, while the worst single day was Mar 16, 2020 at -9.2%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 6.86% | 4.36% | -1.77% | 6.34% | 0.98% | -3.10% | 13.99% | ||||||
| 2025 | 2.41% | 0.99% | -0.25% | -3.44% | 2.72% | 3.35% | 0.86% | 3.34% | 2.34% | 0.42% | 1.80% | 0.40% | 15.79% |
| 2024 | -0.21% | 2.03% | 4.24% | -2.30% | 2.57% | 1.25% | 3.10% | 1.67% | 2.36% | -0.07% | 2.34% | -3.25% | 14.33% |
| 2023 | 4.86% | -3.89% | 1.92% | -0.09% | -2.47% | 4.29% | 4.68% | -1.86% | -3.55% | -2.02% | 5.80% | 4.05% | 11.56% |
| 2022 | -2.03% | -0.29% | 3.56% | -4.08% | 1.44% | -6.93% | 3.60% | -3.09% | -8.08% | 5.84% | 6.67% | -3.27% | -7.68% |
| 2021 | -0.03% | 3.89% | 3.96% | 4.37% | 2.74% | 0.56% | 0.92% | 1.59% | -2.72% | 4.68% | -2.80% | 5.25% | 24.36% |
Benchmark Metrics
Charles Schwab has an annualized alpha of 2.03%, beta of 0.70, and R2 of 0.85 versus S&P 500 Index. Calculated based on daily prices since November 07, 2014.
- This portfolio participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (74.96%) than losses (74.52%) - typical of diversified or defensive assets.
- This portfolio generated an annualized alpha of 2.03% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
- Alpha
- 2.03%
- Beta
- 0.70
- R²
- 0.85
- Upside Capture
- 74.96%
- Downside Capture
- 74.52%
Expense Ratio
Charles Schwab has an expense ratio of 0.16%, which is considered low. Below, you can find the expense ratios of the portfolio's funds side by side and easily compare their relative costs.
Return for Risk
Risk / Return Rank
Charles Schwab ranks 87 for risk / return — in the top 87% of Portfolios on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.
Return / Risk — by metrics
The table below presents risk-adjusted performance metrics for Charles Schwab and compares them with S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| Portfolio | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | 2.72 | 2.03 | +0.69 |
| Sortino ratioReturn per unit of downside risk | 3.69 | 2.75 | +0.93 |
| Omega ratioGain probability vs. loss probability | 1.50 | 1.37 | +0.13 |
| Calmar ratioReturn relative to maximum drawdown | 5.99 | 2.78 | +3.20 |
| Martin ratioReturn relative to average drawdown | 21.45 | 12.44 | +9.01 |
How much return does each position deliver for the risk it carries? Higher values mean better reward for the risk taken.
| Position | Risk / Return Rank | Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Martin ratio |
|---|---|---|---|---|---|---|
IAU iShares Gold Trust | 24 | 0.89 | 1.25 | 1.19 | 1.00 | 2.71 |
PDBC Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF | 35 | 1.20 | 1.68 | 1.21 | 1.66 | 7.01 |
SCHC Schwab International Small-Cap Equity ETF | 44 | 1.55 | 2.17 | 1.28 | 2.01 | 7.33 |
SCHD Schwab U.S. Dividend Equity ETF | 76 | 2.18 | 3.34 | 1.39 | 5.24 | 12.71 |
SCHE Schwab Emerging Markets Equity ETF | 58 | 1.88 | 2.57 | 1.35 | 2.84 | 10.03 |
SCHG Schwab U.S. Large-Cap Growth ETF | 33 | 1.30 | 1.79 | 1.23 | 1.28 | 4.19 |
SCHH Schwab US REIT ETF | 32 | 1.06 | 1.50 | 1.19 | 1.77 | 5.53 |
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Dividends
Dividend yield
Charles Schwab provided a 2.41% dividend yield over the last twelve months.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio | 2.41% | 2.78% | 2.83% | 2.79% | 3.90% | 9.31% | 1.78% | 2.16% | 2.14% | 2.26% | 2.75% | 1.86% |
| Portfolio components: | ||||||||||||
IAU iShares Gold Trust | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
PDBC Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF | 3.11% | 3.84% | 4.42% | 4.21% | 13.05% | 50.83% | 0.01% | 1.40% | 1.00% | 3.83% | 6.51% | 0.00% |
SCHC Schwab International Small-Cap Equity ETF | 3.38% | 3.66% | 3.72% | 2.94% | 1.78% | 3.02% | 1.62% | 3.23% | 2.51% | 2.73% | 2.01% | 2.34% |
SCHD Schwab U.S. Dividend Equity ETF | 3.31% | 3.82% | 3.64% | 3.49% | 3.39% | 2.78% | 3.16% | 2.98% | 3.06% | 2.63% | 2.89% | 2.97% |
SCHE Schwab Emerging Markets Equity ETF | 2.53% | 2.88% | 3.03% | 3.83% | 2.88% | 2.86% | 2.09% | 3.27% | 2.64% | 2.31% | 2.27% | 2.50% |
SCHG Schwab U.S. Large-Cap Growth ETF | 0.38% | 0.36% | 0.39% | 0.46% | 0.55% | 0.42% | 0.52% | 0.82% | 1.27% | 1.01% | 1.04% | 1.22% |
SCHH Schwab US REIT ETF | 2.75% | 3.04% | 3.22% | 3.24% | 2.55% | 1.50% | 2.86% | 2.86% | 3.64% | 2.22% | 2.81% | 2.48% |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Charles Schwab. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Charles Schwab was 29.53%, occurring on Mar 23, 2020. Recovery took 97 trading sessions.
The current Charles Schwab drawdown is 3.15%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
COVID crash2020 | -29.53%Mar 2020 | 2mo 2d | 4mo 20d | 6mo 22dJan 2020 - Aug 2020 |
Bear market2022 | -17.63%Sep 2022 | 5mo 28d | 1y 2mo | 1y 8moApr 2022 - Dec 2023 |
2016 correction2016 | -17.00%Jan 2016 | 8mo 7d | 5mo 23d | 1y 1moMay 2015 - Jul 2016 |
Rate-hike selloffLate 2018 | -15.74%Dec 2018 | 10mo 29d | 3mo 19d | 1y 2moJan 2018 - Apr 2019 |
2025 selloff2025 | -12.95%Apr 2025 | 1mo 16d | 2mo 5d | 3mo 21dFeb 2025 - Jun 2025 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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Diversification
Diversification Metrics
Number of Effective Assets
The portfolio contains 7 assets, with an effective number of assets of 4.35, reflecting the diversification based on asset allocation. Your allocation shows noticeable concentration: a few holdings carry significantly more weight than the rest. Rebalancing toward more even weights — or adding less correlated assets — could reduce risk.
Diversification Ratio
1Y | 3Y | 5Y | 10Y | All Time | |
|---|---|---|---|---|---|
Diversification Ratio | 1.67 | 1.46 | 1.39 | 1.31 | 1.32 |
The portfolio has a diversification ratio of 1.32, in line with the typical range across portfolios. There's room to improve by adding less correlated assets.
Charles Schwab correlation to the S&P 500 Index
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.63 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.75 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.82 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.86 |
Correlation (All Time) Calculated using the full available price history since Nov 7, 2014 | 0.86 |
Benchmark Correlations
Correlation vs. S&P 500 Index. SCHG has the highest benchmark correlation at 0.94, while IAU has the lowest at 0.03.
Asset Correlations Table
Find what Charles Schwab is missing
See which holdings overlap, where Charles Schwab is concentrated, and which low-correlation assets could fill the gaps.
Analyze Diversification