ANOIX vs. SCHG
Compare and contrast key facts about American Century Small Cap Growth Fund (ANOIX) and Schwab U.S. Large-Cap Growth ETF (SCHG).
ANOIX is managed by American Century Investments. It was launched on Jun 1, 2001. SCHG is a passively managed fund by Charles Schwab that tracks the performance of the Dow Jones U.S. Large-Cap Growth Total Stock Market Total Return Index. It was launched on Dec 11, 2009.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ANOIX or SCHG.
Key characteristics
| ANOIX | SCHG | |
|---|---|---|
| YTD Return | -0.21% | 7.76% |
| 1Y Return | 9.65% | 41.11% |
| 3Y Return (Ann) | -4.95% | 8.92% |
| 5Y Return (Ann) | 9.17% | 17.24% |
| 10Y Return (Ann) | 10.70% | 15.68% |
| Sharpe Ratio | 0.53 | 2.40 |
| Daily Std Dev | 17.11% | 15.92% |
| Max Drawdown | -59.46% | -34.59% |
| Current Drawdown | -25.21% | -4.31% |
Correlation
The correlation between ANOIX and SCHG is 0.84, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
ANOIX vs. SCHG - Performance Comparison
In the year-to-date period, ANOIX achieves a -0.21% return, which is significantly lower than SCHG's 7.76% return. Over the past 10 years, ANOIX has underperformed SCHG with an annualized return of 10.70%, while SCHG has yielded a comparatively higher 15.68% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
ANOIX vs. SCHG - Expense Ratio Comparison
ANOIX has a 1.17% expense ratio, which is higher than SCHG's 0.04% expense ratio.
Risk-Adjusted Performance
ANOIX vs. SCHG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for American Century Small Cap Growth Fund (ANOIX) 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.
Dividends
ANOIX vs. SCHG - Dividend Comparison
ANOIX has not paid dividends to shareholders, while SCHG's dividend yield for the trailing twelve months is around 0.45%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ANOIX American Century Small Cap Growth Fund | 0.00% | 0.00% | 0.00% | 21.29% | 11.07% | 5.50% | 16.59% | 3.93% | 0.00% | 0.00% | 0.00% | 0.00% |
SCHG Schwab U.S. Large-Cap Growth ETF | 0.45% | 0.46% | 0.55% | 0.42% | 0.52% | 0.82% | 1.27% | 1.01% | 0.82% | 1.22% | 1.09% | 1.07% |
Drawdowns
ANOIX vs. SCHG - Drawdown Comparison
The maximum ANOIX drawdown since its inception was -59.46%, which is greater than SCHG's maximum drawdown of -34.59%. Use the drawdown chart below to compare losses from any high point for ANOIX and SCHG. For additional features, visit the drawdowns tool.
Volatility
ANOIX vs. SCHG - Volatility Comparison
American Century Small Cap Growth Fund (ANOIX) has a higher volatility of 5.37% compared to Schwab U.S. Large-Cap Growth ETF (SCHG) at 4.90%. This indicates that ANOIX'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.