BRCE vs. SCHK

Last updated Jul 11, 2026

BRCE (MFS Blended Research Core Equity ETF) and SCHK (Schwab 1000 Index ETF) are both Large Cap Blend Equities funds. BRCE is actively managed, while SCHK is passively managed. With a 0.97 correlation, they move nearly in lockstep. BRCE charges 0.24%/yr vs 0.03%/yr for SCHK.

Performance

BRCE vs. SCHK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MFS Blended Research Core Equity ETF (BRCE) 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, BRCE achieves a 14.62% return, which is significantly higher than SCHK's 11.58% return.

BRCE

• 1D: 0.55%
• 1M: 3.15%
• 6M: 11.69%
• YTD: 14.62%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

SCHK

• 1D: 0.36%
• 1M: 2.55%
• 6M: 9.45%
• YTD: 11.58%
• 1Y: 22.27%
• 3Y*: 20.86%
• 5Y*: 12.43%
• 10Y*: —

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

BRCE vs. SCHK - Yearly Performance Comparison

	2026 (YTD)	2025
BRCE MFS Blended Research Core Equity ETF	14.62%	2.04%
SCHK Schwab 1000 Index ETF	11.58%	1.60%

Correlation

The correlation between BRCE and SCHK is 0.97 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 22, 2025	0.97

Return for Risk

BRCE vs. SCHK — Risk / Return Rank

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

BRCE

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

SCHK

SCHK Risk / Return Rank: 65
SCHK Sharpe Ratio Rank: 65
SCHK Sortino Ratio Rank: 63
SCHK Omega Ratio Rank: 64
SCHK Calmar Ratio Rank: 61
SCHK Martin Ratio Rank: 72

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.

BRCE vs. SCHK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for MFS Blended Research Core Equity ETF (BRCE) 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.

	BRCE	SCHK	Difference
Sharpe ratio: Return per unit of total volatility	—	1.71	—
Sortino ratio: Return per unit of downside risk	—	2.36	—
Omega ratio: Gain probability vs. loss probability	—	1.31	—
Calmar ratio: Return relative to maximum drawdown	—	2.44	—
Martin ratio: Return relative to average drawdown	—	10.66	—

Drawdowns

BRCE vs. SCHK - Drawdown Comparison

The maximum BRCE drawdown since its inception was -8.77%, smaller than the maximum SCHK drawdown of -34.80%. Use the drawdown chart below to compare losses from any high point for BRCE and SCHK.

Drawdown Indicators

	BRCE	SCHK	Difference
Max Drawdown Largest peak-to-trough decline	-8.77%	-34.80%	+26.03%
Max Drawdown (1Y) Largest decline over 1 year	—	-8.97%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-19.21%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-25.44%	—
Current Drawdown Current decline from peak	0.00%	-0.26%	+0.26%
Average Drawdown Average peak-to-trough decline	-1.50%	-5.14%	+3.64%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.05%	—

Volatility

Volatility by Period

	BRCE	SCHK	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	4.34%	—
Volatility (6M) Calculated over the trailing 6-month period	—	10.14%	—
Volatility (1Y) Calculated over the trailing 1-year period	14.35%	12.82%	+1.53%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.35%	17.34%	-2.99%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.35%	19.08%	-4.73%

BRCE vs. SCHK - Expense Ratio Comparison

BRCE has a 0.24% expense ratio, which is higher than SCHK's 0.03% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

BRCE vs. SCHK - Dividend Comparison

BRCE's dividend yield for the trailing twelve months is around 0.51%, less than SCHK's 1.02% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
BRCE MFS Blended Research Core Equity ETF	0.51%	0.19%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SCHK Schwab 1000 Index ETF	1.02%	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 BRCE and SCHK in my portfolio?

With a correlation of 0.97, BRCE and SCHK move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, BRCE or SCHK?

On fees, SCHK is cheaper at 0.03% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BRCE or SCHK?

SCHK is cheaper with a 0.03% expense ratio, compared with 0.24% for BRCE.

Which ETF pays a higher dividend yield, BRCE or SCHK?

SCHK has the higher dividend yield at 1.02%, compared with 0.51% for BRCE.

What is the main difference between BRCE and SCHK?

They also come from different issuers: MFS and Charles Schwab. Their fees differ too: 0.24% for BRCE and 0.03% for SCHK.