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API vs. SCHG
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between API and SCHG is 0.35, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


Performance

API vs. SCHG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Agora, Inc. (API) and Schwab U.S. Large-Cap Growth ETF (SCHG). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

API:

0.40

SCHG:

0.61

Sortino Ratio

API:

1.74

SCHG:

1.02

Omega Ratio

API:

1.21

SCHG:

1.14

Calmar Ratio

API:

0.47

SCHG:

0.66

Martin Ratio

API:

1.63

SCHG:

2.18

Ulcer Index

API:

28.59%

SCHG:

7.12%

Daily Std Dev

API:

131.46%

SCHG:

25.37%

Max Drawdown

API:

-98.28%

SCHG:

-34.59%

Current Drawdown

API:

-96.44%

SCHG:

-5.09%

Returns By Period

In the year-to-date period, API achieves a -9.13% return, which is significantly lower than SCHG's -0.90% return.


API

YTD

-9.13%

1M

15.24%

6M

-40.47%

1Y

52.42%

3Y*

-13.10%

5Y*

N/A

10Y*

N/A

SCHG

YTD

-0.90%

1M

8.58%

6M

0.32%

1Y

15.40%

3Y*

20.90%

5Y*

18.26%

10Y*

15.86%

*Annualized

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Agora, Inc.

Schwab U.S. Large-Cap Growth ETF

Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

API vs. SCHG — Risk-Adjusted Performance Rank

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

API
The Risk-Adjusted Performance Rank of API is 7373
Overall Rank
The Sharpe Ratio Rank of API is 6666
Sharpe Ratio Rank
The Sortino Ratio Rank of API is 8181
Sortino Ratio Rank
The Omega Ratio Rank of API is 7878
Omega Ratio Rank
The Calmar Ratio Rank of API is 7171
Calmar Ratio Rank
The Martin Ratio Rank of API is 6969
Martin Ratio Rank

SCHG
The Risk-Adjusted Performance Rank of SCHG is 5858
Overall Rank
The Sharpe Ratio Rank of SCHG is 5757
Sharpe Ratio Rank
The Sortino Ratio Rank of SCHG is 5858
Sortino Ratio Rank
The Omega Ratio Rank of SCHG is 5757
Omega Ratio Rank
The Calmar Ratio Rank of SCHG is 6464
Calmar Ratio Rank
The Martin Ratio Rank of SCHG is 5656
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

API vs. SCHG - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Agora, Inc. (API) 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.


The current API Sharpe Ratio is 0.40, which is lower than the SCHG Sharpe Ratio of 0.61. The chart below compares the historical Sharpe Ratios of API and SCHG, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

API vs. SCHG - Dividend Comparison

API has not paid dividends to shareholders, while SCHG's dividend yield for the trailing twelve months is around 0.41%.


TTM20242023202220212020201920182017201620152014
API
Agora, Inc.
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
SCHG
Schwab U.S. Large-Cap Growth ETF
0.41%0.40%0.46%0.55%0.42%0.52%0.82%1.27%1.01%1.04%1.22%1.09%

Drawdowns

API vs. SCHG - Drawdown Comparison

The maximum API drawdown since its inception was -98.28%, which is greater than SCHG's maximum drawdown of -34.59%. Use the drawdown chart below to compare losses from any high point for API and SCHG.


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Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

API vs. SCHG - Volatility Comparison

Agora, Inc. (API) has a higher volatility of 13.28% compared to Schwab U.S. Large-Cap Growth ETF (SCHG) at 5.74%. This indicates that API'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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