ACLC vs. SCHK

Last updated Jun 27, 2026

ACLC (American Century Large Cap Equity ETF) and SCHK (Schwab 1000 Index ETF) are both Large Cap Blend Equities funds. ACLC is actively managed, while SCHK is passively managed. Over the past 5 years, ACLC returned 9.98%/yr vs 12.17%/yr for SCHK. With a 0.97 correlation, they move nearly in lockstep. ACLC charges 0.39%/yr vs 0.03%/yr for SCHK.

Performance

ACLC vs. SCHK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in American Century Large Cap Equity ETF (ACLC) and Schwab 1000 Index ETF (SCHK). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ACLC achieves a 5.55% return, which is significantly lower than SCHK's 8.27% return.

ACLC

• 1D: 0.07%
• 1M: -1.67%
• YTD: 5.55%
• 6M: 4.11%
• 1Y: 15.94%
• 3Y*: 15.91%
• 5Y*: 9.98%
• 10Y*: —

SCHK

• 1D: -0.23%
• 1M: -1.90%
• YTD: 8.27%
• 6M: 6.90%
• 1Y: 21.01%
• 3Y*: 20.32%
• 5Y*: 12.17%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

ACLC vs. SCHK - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
ACLC American Century Large Cap Equity ETF	5.55%	11.80%	19.96%	24.74%	-19.37%	28.97%	17.02%
SCHK Schwab 1000 Index ETF	8.27%	17.23%	24.48%	26.63%	-19.51%	26.17%	20.47%

Correlation

The correlation between ACLC and SCHK is 0.95, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.95
Correlation (3Y) Calculated over the trailing 3-year period	0.97
Correlation (5Y) Calculated over the trailing 5-year period	0.98
Correlation (All Time) Calculated using the full available price history since Jul 15, 2020	0.97

The correlation between ACLC and SCHK has been stable across timeframes, ranging from 0.95 to 0.98 - a consistent structural relationship.

Return for Risk

ACLC vs. SCHK — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ACLC

ACLC Risk / Return Rank: 38
ACLC Sharpe Ratio Rank: 39
ACLC Sortino Ratio Rank: 37
ACLC Omega Ratio Rank: 36
ACLC Calmar Ratio Rank: 34
ACLC Martin Ratio Rank: 46

SCHK

SCHK Risk / Return Rank: 56
SCHK Sharpe Ratio Rank: 54
SCHK Sortino Ratio Rank: 52
SCHK Omega Ratio Rank: 53
SCHK Calmar Ratio Rank: 54
SCHK Martin Ratio Rank: 65

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ACLC vs. SCHK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for American Century Large Cap Equity ETF (ACLC) and Schwab 1000 Index ETF (SCHK). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

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.

	ACLC	SCHK	Difference
Sharpe ratio: Return per unit of total volatility	1.25	1.66	-0.40
Sortino ratio: Return per unit of downside risk	1.78	2.28	-0.50
Omega ratio: Gain probability vs. loss probability	1.22	1.30	-0.08
Calmar ratio: Return relative to maximum drawdown	1.56	2.35	-0.80
Martin ratio: Return relative to average drawdown	6.66	10.34	-3.68

ACLC vs. SCHK - Sharpe Ratio Comparison

The current ACLC Sharpe Ratio is 1.25, which is comparable to the SCHK Sharpe Ratio of 1.66. The chart below compares the historical Sharpe Ratios of ACLC and SCHK, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

ACLC vs. SCHK - Drawdown Comparison

The maximum ACLC drawdown since its inception was -26.44%, smaller than the maximum SCHK drawdown of -34.80%. Use the drawdown chart below to compare losses from any high point for ACLC and SCHK.

Drawdown Indicators

	ACLC	SCHK	Difference
Max Drawdown Largest peak-to-trough decline	-26.44%	-34.80%	+8.36%
Max Drawdown (1Y) Largest decline over 1 year	-10.28%	-8.97%	-1.31%
Max Drawdown (3Y) Largest decline over 3 years	-20.49%	-19.21%	-1.28%
Max Drawdown (5Y) Largest decline over 5 years	-26.44%	-25.44%	-1.00%
Current Drawdown Current decline from peak	-3.55%	-3.22%	-0.33%
Average Drawdown Average peak-to-trough decline	-5.84%	-5.16%	-0.68%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.40%	2.04%	+0.36%

Volatility

ACLC vs. SCHK - Volatility Comparison

American Century Large Cap Equity ETF (ACLC) and Schwab 1000 Index ETF (SCHK) have volatilities of 4.74% and 4.88%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ACLC	SCHK	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.74%	4.88%	-0.14%
Volatility (6M) Calculated over the trailing 6-month period	10.19%	10.04%	+0.15%
Volatility (1Y) Calculated over the trailing 1-year period	12.81%	12.77%	+0.04%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.27%	17.33%	-0.06%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.12%	19.11%	-1.99%

ACLC vs. SCHK - Expense Ratio Comparison

ACLC has a 0.39% expense ratio, which is higher than SCHK's 0.03% expense ratio.

Dividends

ACLC vs. SCHK - Dividend Comparison

ACLC's dividend yield for the trailing twelve months is around 0.55%, less than SCHK's 1.05% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
ACLC American Century Large Cap Equity ETF	0.55%	0.64%	0.89%	1.09%	1.10%	0.72%	0.43%	0.00%	0.00%	0.00%
SCHK Schwab 1000 Index ETF	1.05%	1.09%	1.20%	1.38%	1.57%	1.17%	1.58%	1.82%	1.80%	0.31%

Frequently Asked Questions

Can I hold both ACLC and SCHK in my portfolio?

With a correlation of 0.95, ACLC and SCHK move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, ACLC or SCHK?

SCHK has higher volatility (4.88%) compared to ACLC (4.74%). In terms of maximum drawdown, ACLC dropped -26.44% vs SCHK's -34.80%.

Which ETF is better, ACLC or SCHK?

On 5-year performance, SCHK leads with 12.17% vs 9.98% for ACLC. On fees, SCHK is cheaper at 0.03% per year. On volatility, ACLC has been the lower-risk option at 4.74%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, ACLC or SCHK?

Over the 5-year period, SCHK has performed better with a 12.17% return vs 9.98%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, ACLC or SCHK?

SCHK is cheaper with a 0.03% expense ratio, compared with 0.39% for ACLC.

Which ETF pays a higher dividend yield, ACLC or SCHK?

SCHK has the higher dividend yield at 1.05%, compared with 0.55% for ACLC.

What is the main difference between ACLC and SCHK?

They also come from different issuers: American Century and Charles Schwab. Their fees differ too: 0.39% for ACLC and 0.03% for SCHK.

Which has better risk-adjusted returns?

SCHK currently has the higher Sharpe Ratio (1.66 vs 1.25), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.