BATRA vs. SCHK

Last updated Jun 24, 2026

BATRA (The Liberty Braves Group) is a stock, while SCHK (Schwab 1000 Index ETF) is Large Cap Blend Equities fund tracking the Schwab 1000 Index. Over the past 5 years, BATRA returned 15.41%/yr vs 12.31%/yr for SCHK. At a 0.43 correlation, their price movements are largely independent.

Performance

BATRA vs. SCHK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in The Liberty Braves Group (BATRA) and Schwab 1000 Index ETF (SCHK). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BATRA achieves a 31.35% return, which is significantly higher than SCHK's 8.54% return.

BATRA

• 1D: 0.94%
• 1M: 5.10%
• YTD: 31.35%
• 6M: 31.04%
• 1Y: 13.37%
• 3Y*: 11.59%
• 5Y*: 15.41%
• 10Y*: 13.79%

SCHK

• 1D: -1.42%
• 1M: -0.95%
• YTD: 8.54%
• 6M: 7.46%
• 1Y: 23.67%
• 3Y*: 20.74%
• 5Y*: 12.31%
• 10Y*: —

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

BATRA vs. SCHK - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
BATRA The Liberty Braves Group	31.35%	4.14%	-4.63%	30.95%	13.63%	15.60%	-16.12%	18.89%	13.11%	-13.09%
SCHK Schwab 1000 Index ETF	8.54%	17.23%	24.48%	26.63%	-19.51%	26.17%	20.75%	31.31%	-5.09%	5.24%

Correlation

The correlation between BATRA and SCHK is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.32
Correlation (3Y) Calculated over the trailing 3-year period	0.38
Correlation (5Y) Calculated over the trailing 5-year period	0.41
Correlation (All Time) Calculated using the full available price history since Oct 11, 2017	0.43

The correlation between BATRA and SCHK shifts across timeframes, from 0.32 (1 year) to 0.43 (all time), reflecting how their relationship changes across market environments.

Return for Risk

BATRA vs. SCHK — Risk / Return Rank

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

BATRA

BATRA Risk / Return Rank: 61
BATRA Sharpe Ratio Rank: 66
BATRA Sortino Ratio Rank: 62
BATRA Omega Ratio Rank: 58
BATRA Calmar Ratio Rank: 60
BATRA Martin Ratio Rank: 57

SCHK

SCHK Risk / Return Rank: 58
SCHK Sharpe Ratio Rank: 57
SCHK Sortino Ratio Rank: 55
SCHK Omega Ratio Rank: 56
SCHK Calmar Ratio Rank: 56
SCHK Martin Ratio Rank: 67

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.

BATRA vs. SCHK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for The Liberty Braves Group (BATRA) and Schwab 1000 Index ETF (SCHK). 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.

	BATRA	SCHK	Difference
Sharpe ratio: Return per unit of total volatility	0.76	1.86	-1.10
Sortino ratio: Return per unit of downside risk	1.27	2.53	-1.26
Omega ratio: Gain probability vs. loss probability	1.15	1.33	-0.19
Calmar ratio: Return relative to maximum drawdown	0.81	2.65	-1.85
Martin ratio: Return relative to average drawdown	1.40	11.81	-10.41

BATRA vs. SCHK - Sharpe Ratio Comparison

The current BATRA Sharpe Ratio is 0.76, which is lower than the SCHK Sharpe Ratio of 1.86. The chart below compares the historical Sharpe Ratios of BATRA and SCHK, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

BATRA vs. SCHK - Drawdown Comparison

The maximum BATRA drawdown since its inception was -61.81%, which is greater than SCHK's maximum drawdown of -34.80%. Use the drawdown chart below to compare losses from any high point for BATRA and SCHK.

Drawdown Indicators

	BATRA	SCHK	Difference
Max Drawdown Largest peak-to-trough decline	-61.81%	-34.80%	-27.01%
Max Drawdown (1Y) Largest decline over 1 year	-16.63%	-8.97%	-7.66%
Max Drawdown (3Y) Largest decline over 3 years	-21.86%	-19.21%	-2.65%
Max Drawdown (5Y) Largest decline over 5 years	-22.37%	-25.44%	+3.07%
Max Drawdown (10Y) Largest decline over 10 years	-54.17%	—	—
Current Drawdown Current decline from peak	0.00%	-2.98%	+2.98%
Average Drawdown Average peak-to-trough decline	-23.35%	-5.16%	-18.19%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.57%	2.01%	+7.56%

Volatility

BATRA vs. SCHK - Volatility Comparison

The Liberty Braves Group (BATRA) and Schwab 1000 Index ETF (SCHK) have volatilities of 4.76% and 4.96%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BATRA	SCHK	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.76%	4.96%	-0.20%
Volatility (6M) Calculated over the trailing 6-month period	13.96%	10.10%	+3.86%
Volatility (1Y) Calculated over the trailing 1-year period	17.71%	12.84%	+4.87%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.34%	17.34%	+5.00%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	29.35%	19.12%	+10.23%

Dividends

BATRA vs. SCHK - Dividend Comparison

BATRA has not paid dividends to shareholders, while SCHK's dividend yield for the trailing twelve months is around 1.03%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
BATRA The Liberty Braves Group	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SCHK Schwab 1000 Index ETF	1.03%	1.09%	1.20%	1.38%	1.57%	1.17%	1.58%	1.82%	1.80%	0.31%

Frequently Asked Questions

Can I hold both BATRA and SCHK in my portfolio?

BATRA and SCHK have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BATRA or SCHK?

SCHK has higher volatility (4.96%) compared to BATRA (4.76%). In terms of maximum drawdown, BATRA dropped -61.81% vs SCHK's -34.80%.

Which has better risk-adjusted returns?

SCHK currently has the higher Sharpe Ratio (1.86 vs 0.76), 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.