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CHGG vs. SCHY
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

CHGG vs. SCHY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Chegg, Inc. (CHGG) and Schwab International Dividend Equity ETF (SCHY). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, CHGG achieves a -16.18% return, which is significantly lower than SCHY's 10.53% return.


CHGG

1D
-6.84%
1M
-32.80%
6M
-11.42%
YTD
-16.18%
1Y
-45.11%
3Y*
-55.95%
5Y*
-60.55%
10Y*
-17.73%

SCHY

1D
0.15%
1M
0.12%
6M
9.11%
YTD
10.53%
1Y
22.69%
3Y*
14.57%
5Y*
8.67%
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

CHGG vs. SCHY - Yearly Performance Comparison


2026 (YTD)20252024202320222021
CHGG
Chegg, Inc.
-16.18%-42.24%-85.83%-55.05%-17.69%-67.82%
SCHY
Schwab International Dividend Equity ETF
10.53%33.98%-1.79%14.27%-9.43%3.42%

Correlation

The correlation between CHGG and SCHY is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.21

Correlation (3Y)
Calculated over the trailing 3-year period

0.23

Correlation (5Y)
Calculated over the trailing 5-year period

0.26

Correlation (All Time)
Calculated using the full available price history since Apr 29, 2021

0.26

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Return for Risk

CHGG vs. SCHY — Risk / Return Rank

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

CHGG
CHGG Risk / Return Rank: 2828
Overall Rank
CHGG Sharpe Ratio Rank: 2727
Sharpe Ratio Rank
CHGG Sortino Ratio Rank: 3434
Sortino Ratio Rank
CHGG Omega Ratio Rank: 3434
Omega Ratio Rank
CHGG Calmar Ratio Rank: 2222
Calmar Ratio Rank
CHGG Martin Ratio Rank: 2222
Martin Ratio Rank

SCHY
SCHY Risk / Return Rank: 6767
Overall Rank
SCHY Sharpe Ratio Rank: 7474
Sharpe Ratio Rank
SCHY Sortino Ratio Rank: 7373
Sortino Ratio Rank
SCHY Omega Ratio Rank: 7272
Omega Ratio Rank
SCHY Calmar Ratio Rank: 6262
Calmar Ratio Rank
SCHY Martin Ratio Rank: 5252
Martin Ratio Rank
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.

CHGG vs. SCHY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Chegg, Inc. (CHGG) and Schwab International Dividend Equity ETF (SCHY). 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.


CHGGSCHYDifference
Sharpe ratioReturn per unit of total volatility

-2.29

Sortino ratioReturn per unit of downside risk

-2.60

Omega ratioGain probability vs. loss probability

1.00

1.34

-0.34

Calmar ratioReturn relative to maximum drawdown

-0.60

2.50

-3.10

Martin ratioReturn relative to average drawdown

-1.01

7.13

-8.14

CHGG vs. SCHY - Sharpe Ratio Comparison

The current CHGG Sharpe Ratio is -0.40, which is lower than the SCHY Sharpe Ratio of 1.89. The chart below compares the historical Sharpe Ratios of CHGG and SCHY, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Drawdowns

CHGG vs. SCHY - Drawdown Comparison

The maximum CHGG drawdown since its inception was -99.60%, which is greater than SCHY's maximum drawdown of -24.04%. Use the drawdown chart below to compare losses from any high point for CHGG and SCHY.


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Drawdown Indicators


CHGGSCHYDifference

Max Drawdown

Largest peak-to-trough decline

-99.60%

-24.04%

-75.56%

Max Drawdown (1Y)

Largest decline over 1 year

-75.54%

-9.11%

-66.43%

Max Drawdown (3Y)

Largest decline over 3 years

-96.06%

-12.16%

-83.90%

Max Drawdown (5Y)

Largest decline over 5 years

-99.50%

-24.04%

-75.46%

Max Drawdown (10Y)

Largest decline over 10 years

-99.60%

Current Drawdown

Current decline from peak

-99.31%

-2.86%

-96.45%

Average Drawdown

Average peak-to-trough decline

-48.14%

-4.95%

-43.19%

Ulcer Index

Depth and duration of drawdowns from previous peaks

44.90%

3.19%

+41.71%

Volatility

CHGG vs. SCHY - Volatility Comparison

Chegg, Inc. (CHGG) has a higher volatility of 24.05% compared to Schwab International Dividend Equity ETF (SCHY) at 3.14%. This indicates that CHGG's price experiences larger fluctuations and is considered to be riskier than SCHY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


CHGGSCHYDifference

Volatility (1M)

Calculated over the trailing 1-month period

24.05%

3.14%

+20.91%

Volatility (6M)

Calculated over the trailing 6-month period

79.88%

10.24%

+69.64%

Volatility (1Y)

Calculated over the trailing 1-year period

113.70%

12.06%

+101.64%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

88.90%

13.26%

+75.64%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

71.11%

13.19%

+57.92%

Dividends

CHGG vs. SCHY - Dividend Comparison

CHGG has not paid dividends to shareholders, while SCHY's dividend yield for the trailing twelve months is around 3.42%.


PositionTTM20252024202320222021
CHGG
Chegg, Inc.
0.00%0.00%0.00%0.00%0.00%0.00%
SCHY
Schwab International Dividend Equity ETF
3.42%3.55%4.64%3.97%3.67%1.73%

Frequently Asked Questions


CHGG and SCHY have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

CHGG has higher volatility (24.05%) compared to SCHY (3.14%). In terms of maximum drawdown, CHGG dropped -99.60% vs SCHY's -24.04%.

SCHY currently has the higher Sharpe Ratio (1.89 vs -0.40), 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.

Portfolio Optimizer

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