ARTGX vs. SCHF

Last updated Jun 3, 2026

ARTGX (Artisan Global Value Fund) and SCHF (Schwab International Equity ETF) are both funds - ARTGX is a Global Equities fund managed by Artisan, while SCHF is a Foreign Large Cap Equities fund tracking the FTSE Developed ex U.S. Index. Over the past 10 years, ARTGX returned 11.60%/yr vs 10.37%/yr for SCHF. Their correlation of 0.89 suggests significant overlap in exposure. ARTGX charges 1.25%/yr vs 0.06%/yr for SCHF.

Performance

ARTGX vs. SCHF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Artisan Global Value Fund (ARTGX) and Schwab International Equity ETF (SCHF). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ARTGX achieves a 8.23% return, which is significantly lower than SCHF's 16.56% return. Over the past 10 years, ARTGX has outperformed SCHF with an annualized return of 11.60%, while SCHF has yielded a comparatively lower 10.37% annualized return.

ARTGX

• 1D: 0.33%
• 1M: 4.42%
• YTD: 8.23%
• 6M: 12.43%
• 1Y: 25.86%
• 3Y*: 21.51%
• 5Y*: 11.34%
• 10Y*: 11.60%

SCHF

• 1D: 0.54%
• 1M: 5.58%
• YTD: 16.56%
• 6M: 20.34%
• 1Y: 32.90%
• 3Y*: 20.25%
• 5Y*: 10.24%
• 10Y*: 10.37%

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

ARTGX vs. SCHF - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ARTGX Artisan Global Value Fund	8.23%	34.03%	10.66%	26.57%	-13.56%	15.60%	6.48%	23.78%	-13.09%	21.59%
SCHF Schwab International Equity ETF	16.56%	34.55%	3.28%	18.35%	-14.80%	11.40%	9.48%	22.26%	-14.29%	26.03%

Correlation

The correlation between ARTGX and SCHF is 0.78, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.78
Correlation (3Y) Calculated over the trailing 3-year period	0.83
Correlation (5Y) Calculated over the trailing 5-year period	0.87
Correlation (10Y) Calculated over the trailing 10-year period	0.87
Correlation (All Time) Calculated using the full available price history since Nov 4, 2009	0.89

The correlation between ARTGX and SCHF shifts across timeframes, from 0.78 (1 year) to 0.89 (all time), reflecting how their relationship changes across market environments.

Return for Risk

ARTGX vs. SCHF — Risk / Return Rank

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

ARTGX

ARTGX Risk / Return Rank: 57
ARTGX Sharpe Ratio Rank: 62
ARTGX Sortino Ratio Rank: 64
ARTGX Omega Ratio Rank: 57
ARTGX Calmar Ratio Rank: 47
ARTGX Martin Ratio Rank: 55

SCHF

SCHF Risk / Return Rank: 62
SCHF Sharpe Ratio Rank: 62
SCHF Sortino Ratio Rank: 61
SCHF Omega Ratio Rank: 61
SCHF Calmar Ratio Rank: 60
SCHF Martin Ratio Rank: 64

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.

ARTGX vs. SCHF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Artisan Global Value Fund (ARTGX) and Schwab International Equity ETF (SCHF). 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.

	ARTGX	SCHF	Difference
Sharpe ratio Return per unit of total volatility	2.32	2.10	+0.22
Sortino ratio Return per unit of downside risk	3.36	2.89	+0.46
Omega ratio Gain probability vs. loss probability	1.42	1.38	+0.04
Calmar ratio Return relative to maximum drawdown	2.64	3.00	-0.37
Martin ratio Return relative to average drawdown	11.18	11.70	-0.52
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ARTGX vs. SCHF - Sharpe Ratio Comparison

The current ARTGX Sharpe Ratio is 2.32, which is comparable to the SCHF Sharpe Ratio of 2.10. The chart below compares the historical Sharpe Ratios of ARTGX and SCHF, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	ARTGX	SCHF	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.32	2.10	+0.22
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.79	0.63	+0.16
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.67	0.61	+0.07
Sharpe Ratio (All Time) Calculated using the full available price history	0.52	0.44	+0.08

Drawdowns

ARTGX vs. SCHF - Drawdown Comparison

The maximum ARTGX drawdown since its inception was -49.92%, which is greater than SCHF's maximum drawdown of -34.87%. Use the drawdown chart below to compare losses from any high point for ARTGX and SCHF.

Drawdown Indicators

	ARTGX	SCHF	Difference
Max Drawdown Largest peak-to-trough decline	-49.92%	-34.87%	-15.05%
Max Drawdown (1Y) Largest decline over 1 year	-10.18%	-11.48%	+1.30%
Max Drawdown (3Y) Largest decline over 3 years	-10.70%	-13.41%	+2.71%
Max Drawdown (5Y) Largest decline over 5 years	-26.74%	-29.14%	+2.40%
Max Drawdown (10Y) Largest decline over 10 years	-39.90%	-34.87%	-5.03%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-6.55%	-7.38%	+0.83%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.40%	2.95%	-0.55%

Volatility

ARTGX vs. SCHF - Volatility Comparison

The current volatility for Artisan Global Value Fund (ARTGX) is 3.71%, while Schwab International Equity ETF (SCHF) has a volatility of 5.73%. This indicates that ARTGX experiences smaller price fluctuations and is considered to be less risky than SCHF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ARTGX	SCHF	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.71%	5.73%	-2.02%
Volatility (6M) Calculated over the trailing 6-month period	9.22%	13.32%	-4.10%
Volatility (1Y) Calculated over the trailing 1-year period	11.58%	15.75%	-4.17%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.49%	16.38%	-1.89%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.29%	17.19%	+0.10%

ARTGX vs. SCHF - Expense Ratio Comparison

ARTGX has a 1.25% expense ratio, which is higher than SCHF's 0.06% expense ratio.

Dividends

ARTGX vs. SCHF - Dividend Comparison

ARTGX's dividend yield for the trailing twelve months is around 4.23%, more than SCHF's 2.93% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ARTGX Artisan Global Value Fund	4.23%	4.58%	5.38%	2.87%	3.68%	9.38%	0.05%	1.29%	6.35%	2.01%	2.66%	5.95%
SCHF Schwab International Equity ETF	2.93%	3.42%	3.26%	2.97%	2.80%	3.19%	2.08%	2.95%	3.06%	2.35%	2.58%	2.26%

Frequently Asked Questions

Can I hold both ARTGX and SCHF in my portfolio?

ARTGX and SCHF have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ARTGX or SCHF?

SCHF has higher volatility (5.73%) compared to ARTGX (3.71%). In terms of maximum drawdown, ARTGX dropped -49.92% vs SCHF's -34.87%.

Which has better risk-adjusted returns?

ARTGX currently has the higher Sharpe Ratio (2.32 vs 2.10), 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.