CGV vs. SCHC

Last updated Jun 5, 2026

CGV (Conductor Global Equity Value ETF) and SCHC (Schwab International Small-Cap Equity ETF) are both Foreign Small & Mid Cap Equities funds. CGV is actively managed, while SCHC is passively managed. Over the past 3 years, CGV returned 12.42%/yr vs 18.40%/yr for SCHC. Their correlation of 0.83 suggests significant overlap in exposure. CGV charges 1.25%/yr vs 0.11%/yr for SCHC.

Performance

CGV vs. SCHC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Conductor Global Equity Value ETF (CGV) and Schwab International Small-Cap Equity ETF (SCHC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CGV achieves a 11.86% return, which is significantly higher than SCHC's 10.32% return.

CGV

• 1D: -0.12%
• 1M: -1.96%
• YTD: 11.86%
• 6M: 13.63%
• 1Y: 26.76%
• 3Y*: 12.42%
• 5Y*: —
• 10Y*: —

SCHC

• 1D: 0.76%
• 1M: -0.02%
• YTD: 10.32%
• 6M: 12.79%
• 1Y: 27.41%
• 3Y*: 18.40%
• 5Y*: 6.34%
• 10Y*: 8.04%

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

CGV vs. SCHC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
CGV Conductor Global Equity Value ETF	11.86%	23.11%	-3.34%	5.72%	3.44%
SCHC Schwab International Small-Cap Equity ETF	10.32%	37.59%	1.97%	14.36%	-3.95%

Correlation

The correlation between CGV and SCHC is 0.84, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.84
Correlation (3Y) Calculated over the trailing 3-year period	0.87
Correlation (All Time) Calculated using the full available price history since Aug 2, 2022	0.83

The correlation between CGV and SCHC has been stable across timeframes, ranging from 0.83 to 0.87 - a consistent structural relationship.

CGV vs. SCHC - Sectors Allocation Comparison

Sectors	CGV	SCHC
Basic Materials	21.1%	13.7%
Industrials	14.9%	22.4%
Consumer Defensive	14.3%	4.1%
Energy	12.7%	6.5%
Consumer Cyclical	10.1%	10.0%
Technology	9.3%	9.2%
Healthcare	5.3%	6.5%
Financial Services	4.9%	12.6%
Utilities	3.9%	3.2%
Communication Services	2.2%	3.2%
Real Estate	1.3%	8.6%

Return for Risk

CGV vs. SCHC — Risk / Return Rank

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

CGV

CGV Risk / Return Rank: 53
CGV Sharpe Ratio Rank: 58
CGV Sortino Ratio Rank: 54
CGV Omega Ratio Rank: 57
CGV Calmar Ratio Rank: 46
CGV Martin Ratio Rank: 49

SCHC

SCHC Risk / Return Rank: 50
SCHC Sharpe Ratio Rank: 53
SCHC Sortino Ratio Rank: 51
SCHC Omega Ratio Rank: 52
SCHC Calmar Ratio Rank: 45
SCHC Martin Ratio Rank: 50

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.

CGV vs. SCHC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Conductor Global Equity Value ETF (CGV) and Schwab International Small-Cap Equity ETF (SCHC). 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.

	CGV	SCHC	Difference
Sharpe ratio: Return per unit of total volatility	1.91	1.78	+0.13
Sortino ratio: Return per unit of downside risk	2.56	2.46	+0.10
Omega ratio: Gain probability vs. loss probability	1.34	1.32	+0.02
Calmar ratio: Return relative to maximum drawdown	2.22	2.21	+0.01
Martin ratio: Return relative to average drawdown	8.09	8.39	-0.30
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CGV vs. SCHC - Sharpe Ratio Comparison

The current CGV Sharpe Ratio is 1.91, which is comparable to the SCHC Sharpe Ratio of 1.78. The chart below compares the historical Sharpe Ratios of CGV and SCHC, 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

	CGV	SCHC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.91	1.78	+0.13
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.36	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.45	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.76	0.40	+0.36

Drawdowns

CGV vs. SCHC - Drawdown Comparison

The maximum CGV drawdown since its inception was -16.64%, smaller than the maximum SCHC drawdown of -43.94%. Use the drawdown chart below to compare losses from any high point for CGV and SCHC.

Drawdown Indicators

	CGV	SCHC	Difference
Max Drawdown Largest peak-to-trough decline	-16.64%	-43.94%	+27.30%
Max Drawdown (1Y) Largest decline over 1 year	-12.13%	-12.48%	+0.35%
Max Drawdown (3Y) Largest decline over 3 years	-16.64%	-15.52%	-1.12%
Max Drawdown (5Y) Largest decline over 5 years	—	-36.48%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-43.94%	—
Current Drawdown Current decline from peak	-3.87%	-2.54%	-1.33%
Average Drawdown Average peak-to-trough decline	-3.65%	-10.05%	+6.40%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.32%	3.28%	+0.04%

Volatility

CGV vs. SCHC - Volatility Comparison

Conductor Global Equity Value ETF (CGV) and Schwab International Small-Cap Equity ETF (SCHC) have volatilities of 4.81% and 4.94%, 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

	CGV	SCHC	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.81%	4.94%	-0.13%
Volatility (6M) Calculated over the trailing 6-month period	11.66%	13.06%	-1.40%
Volatility (1Y) Calculated over the trailing 1-year period	14.07%	15.50%	-1.43%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.52%	17.50%	-3.98%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.52%	17.99%	-4.47%

CGV vs. SCHC - Expense Ratio Comparison

CGV has a 1.25% expense ratio, which is higher than SCHC's 0.11% expense ratio.

Dividends

CGV vs. SCHC - Dividend Comparison

CGV's dividend yield for the trailing twelve months is around 4.90%, more than SCHC's 3.32% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CGV Conductor Global Equity Value ETF	4.90%	4.58%	2.87%	4.56%	0.71%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SCHC Schwab International Small-Cap Equity ETF	3.32%	3.66%	3.72%	2.94%	1.78%	3.02%	1.62%	3.23%	2.51%	2.73%	2.01%	2.34%

Frequently Asked Questions

Can I hold both CGV and SCHC in my portfolio?

CGV and SCHC have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CGV or SCHC?

SCHC has higher volatility (4.94%) compared to CGV (4.81%). In terms of maximum drawdown, CGV dropped -16.64% vs SCHC's -43.94%.

Which ETF is better, CGV or SCHC?

On 3-year performance, SCHC leads with 18.40% vs 12.42% for CGV. On fees, SCHC is cheaper at 0.11% per year. On volatility, CGV has been the lower-risk option at 4.81%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, CGV or SCHC?

Over the 3-year period, SCHC has performed better with a 18.40% return vs 12.42%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, CGV or SCHC?

SCHC is cheaper with a 0.11% expense ratio, compared with 1.25% for CGV.

Which ETF pays a higher dividend yield, CGV or SCHC?

CGV has the higher dividend yield at 4.90%, compared with 3.32% for SCHC.

What is the main difference between CGV and SCHC?

They also come from different issuers: Conductor Fund and Charles Schwab. Their fees differ too: 1.25% for CGV and 0.11% for SCHC.

Which has better risk-adjusted returns?

CGV currently has the higher Sharpe Ratio (1.91 vs 1.78), 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.