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 8.02%/yr vs 18.77%/yr for SCHG. A 0.51 correlation means they provide meaningful diversification when combined.
Performance
ALLE vs. SCHG - Performance Comparison
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Returns By Period
In the year-to-date period, ALLE achieves a -17.97% return, which is significantly lower than SCHG's 6.42% return. Over the past 10 years, ALLE has underperformed SCHG with an annualized return of 8.02%, while SCHG has yielded a comparatively higher 18.77% annualized return.
ALLE
- 1D
- 0.20%
- 1M
- -1.80%
- YTD
- -17.97%
- 6M
- -20.13%
- 1Y
- -5.19%
- 3Y*
- 7.56%
- 5Y*
- 0.14%
- 10Y*
- 8.02%
SCHG
- 1D
- -1.23%
- 1M
- 4.81%
- YTD
- 6.42%
- 6M
- 5.81%
- 1Y
- 24.64%
- 3Y*
- 25.02%
- 5Y*
- 15.59%
- 10Y*
- 18.77%
ALLE vs. SCHG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ALLE Allegion plc | -17.97% | 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 | 6.42% | 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 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.23 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.33 |
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 19, 2013 | 0.51 |
Over the past year, the correlation between ALLE and SCHG has dropped to 0.23 - well below their long-term average of 0.51, suggesting their price drivers have been diverging.
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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.
| ALLE | SCHG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.81 | ||
| Sortino ratioReturn per unit of downside risk | -2.30 | ||
| Omega ratioGain probability vs. loss probability | 0.98 | 1.28 | -0.30 |
| Calmar ratioReturn relative to maximum drawdown | -0.17 | 1.51 | -1.68 |
| Martin ratioReturn relative to average drawdown | -0.42 | 5.04 | -5.46 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| ALLE | SCHG | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.21 | 1.60 | -1.81 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.01 | 0.70 | -0.70 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.30 | 0.87 | -0.57 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.36 | 0.84 | -0.48 |
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.
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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 | -27.35% | -1.78% | -25.57% |
Average DrawdownAverage peak-to-trough decline | -10.93% | -5.20% | -5.73% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.39% | 4.90% | +7.49% |
Volatility
ALLE vs. SCHG - Volatility Comparison
Allegion plc (ALLE) has a higher volatility of 7.13% compared to Schwab U.S. Large-Cap Growth ETF (SCHG) at 3.61%. 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.
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Volatility by Period
| ALLE | SCHG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.13% | 3.61% | +3.52% |
Volatility (6M)Calculated over the trailing 6-month period | 19.67% | 11.62% | +8.05% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.70% | 15.50% | +9.20% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.02% | 22.27% | +3.75% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.78% | 21.55% | +5.23% |
Dividends
ALLE vs. SCHG - Dividend Comparison
ALLE's dividend yield for the trailing twelve months is around 1.60%, more than SCHG's 0.36% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ALLE Allegion plc | 1.60% | 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 | 0.36% | 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 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ALLE has higher volatility (7.13%) compared to SCHG (3.61%). In terms of maximum drawdown, ALLE dropped -43.25% vs SCHG's -34.59%.
SCHG currently has the higher Sharpe Ratio (1.60 vs -0.21), 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.
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