ALLE vs. SCHG
ALLE (Allegion plc) is a stock, while SCHG (Schwab U.S. Large-Cap Growth ETF) is Large Cap Growth Equities fund tracking the Dow Jones U.S. Large-Cap Growth Total Stock Market Index. Over the past 10 years, ALLE returned 8.28%/yr vs 18.65%/yr for SCHG. A 0.51 correlation means they provide meaningful diversification when combined.
Performance
ALLE vs. SCHG - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, ALLE achieves a -18.49% return, which is significantly lower than SCHG's 1.35% return. Over the past 10 years, ALLE has underperformed SCHG with an annualized return of 8.28%, while SCHG has yielded a comparatively higher 18.65% annualized return.
ALLE
- 1D
- -1.66%
- 1M
- -0.87%
- YTD
- -18.49%
- 6M
- -19.20%
- 1Y
- -8.34%
- 3Y*
- 5.23%
- 5Y*
- -0.02%
- 10Y*
- 8.28%
SCHG
- 1D
- -1.37%
- 1M
- -3.93%
- YTD
- 1.35%
- 6M
- 0.09%
- 1Y
- 17.91%
- 3Y*
- 22.13%
- 5Y*
- 13.27%
- 10Y*
- 18.65%
ALLE vs. SCHG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ALLE Allegion plc | -18.49% | 23.54% | 4.66% | 22.32% | -19.26% | 15.06% | -5.41% | 57.89% | 1.18% | 25.32% |
SCHG Schwab U.S. Large-Cap Growth ETF | 1.35% | 17.50% | 34.95% | 50.10% | -31.80% | 28.11% | 39.14% | 36.02% | -1.36% | 28.05% |
Correlation
The correlation between ALLE and SCHG is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.25 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.34 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.46 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.49 |
Correlation (All Time) Calculated using the full available price history since Nov 18, 2013 | 0.51 |
Over the past year, the correlation between ALLE and SCHG has dropped to 0.25 - well below their long-term average of 0.51, suggesting their price drivers have been diverging.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
ALLE vs. SCHG — Risk / Return Rank
ALLE
SCHG
ALLE vs. SCHG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Allegion plc (ALLE) and Schwab U.S. Large-Cap Growth ETF (SCHG). 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.
| ALLE | SCHG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.44 | ||
| Sortino ratioReturn per unit of downside risk | -1.86 | ||
| Omega ratioGain probability vs. loss probability | 0.96 | 1.20 | -0.24 |
| Calmar ratioReturn relative to maximum drawdown | -0.28 | 1.10 | -1.38 |
| Martin ratioReturn relative to average drawdown | -0.61 | 3.58 | -4.19 |
Loading charts...
Drawdowns
ALLE vs. SCHG - Drawdown Comparison
The maximum ALLE drawdown since its inception was -43.25%, which is greater than SCHG's maximum drawdown of -34.59%. Use the drawdown chart below to compare losses from any high point for ALLE and SCHG.
Loading charts...
Drawdown Indicators
| ALLE | SCHG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -43.25% | -34.59% | -8.66% |
Max Drawdown (1Y)Largest decline over 1 year | -29.84% | -16.41% | -13.43% |
Max Drawdown (3Y)Largest decline over 3 years | -29.84% | -23.39% | -6.45% |
Max Drawdown (5Y)Largest decline over 5 years | -38.87% | -34.59% | -4.28% |
Max Drawdown (10Y)Largest decline over 10 years | -43.25% | -34.59% | -8.66% |
Current DrawdownCurrent decline from peak | -27.81% | -6.46% | -21.35% |
Average DrawdownAverage peak-to-trough decline | -11.03% | -5.20% | -5.83% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.78% | 5.02% | +8.76% |
Volatility
ALLE vs. SCHG - Volatility Comparison
Allegion plc (ALLE) has a higher volatility of 7.41% compared to Schwab U.S. Large-Cap Growth ETF (SCHG) at 5.91%. This indicates that ALLE's price experiences larger fluctuations and is considered to be riskier than SCHG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| ALLE | SCHG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.41% | 5.91% | +1.50% |
Volatility (6M)Calculated over the trailing 6-month period | 20.25% | 12.52% | +7.73% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.55% | 16.24% | +9.31% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.17% | 22.38% | +3.79% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.82% | 21.58% | +5.24% |
Dividends
ALLE vs. SCHG - Dividend Comparison
ALLE's dividend yield for the trailing twelve months is around 1.65%, more than SCHG's 0.38% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ALLE Allegion plc | 1.65% | 1.28% | 1.47% | 1.42% | 1.56% | 1.09% | 1.10% | 0.87% | 1.05% | 0.80% | 0.75% | 0.61% |
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% |
Frequently Asked Questions
ALLE and SCHG have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ALLE has higher volatility (7.41%) compared to SCHG (5.91%). In terms of maximum drawdown, ALLE dropped -43.25% vs SCHG's -34.59%.
SCHG currently has the higher Sharpe Ratio (1.11 vs -0.33), 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.
Find the right allocation for ALLE and SCHG
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer