CVLC vs. SCHG
Compare and contrast key facts about Calvert US Large-Cap Core Responsible Index ETF (CVLC) and Schwab U.S. Large-Cap Growth ETF (SCHG).
CVLC and SCHG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CVLC is a passively managed fund by Calvert that tracks the performance of the Calvert US Large-Cap Core Responsible Index - Benchmark TR Gross. It was launched on Jan 30, 2023. SCHG is a passively managed fund by Charles Schwab that tracks the performance of the Dow Jones U.S. Large-Cap Growth Total Stock Market Total Return Index. It was launched on Dec 11, 2009. Both CVLC and SCHG are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CVLC or SCHG.
Key characteristics
| CVLC | SCHG | |
|---|---|---|
| YTD Return | 21.58% | 27.89% |
| 1Y Return | 35.19% | 41.16% |
| Sharpe Ratio | 2.79 | 2.50 |
| Sortino Ratio | 3.68 | 3.22 |
| Omega Ratio | 1.51 | 1.45 |
| Calmar Ratio | 3.81 | 3.40 |
| Martin Ratio | 16.56 | 13.55 |
| Ulcer Index | 2.13% | 3.10% |
| Daily Std Dev | 12.65% | 16.81% |
| Max Drawdown | -11.30% | -34.59% |
| Current Drawdown | -1.35% | -1.42% |
Correlation
The correlation between CVLC and SCHG is 0.91, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
CVLC vs. SCHG - Performance Comparison
In the year-to-date period, CVLC achieves a 21.58% return, which is significantly lower than SCHG's 27.89% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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CVLC vs. SCHG - Expense Ratio Comparison
CVLC has a 0.15% expense ratio, which is higher than SCHG's 0.04% 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%.
Risk-Adjusted Performance
CVLC vs. SCHG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Calvert US Large-Cap Core Responsible Index ETF (CVLC) and Schwab U.S. Large-Cap Growth ETF (SCHG). 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.
Dividends
CVLC vs. SCHG - Dividend Comparison
CVLC's dividend yield for the trailing twelve months is around 1.05%, more than SCHG's 0.42% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CVLC Calvert US Large-Cap Core Responsible Index ETF | 1.05% | 0.91% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SCHG Schwab U.S. Large-Cap Growth ETF | 0.42% | 0.46% | 0.55% | 0.42% | 0.52% | 0.82% | 1.27% | 1.01% | 1.04% | 1.22% | 1.09% | 1.07% |
Drawdowns
CVLC vs. SCHG - Drawdown Comparison
The maximum CVLC drawdown since its inception was -11.30%, smaller than the maximum SCHG drawdown of -34.59%. Use the drawdown chart below to compare losses from any high point for CVLC and SCHG. For additional features, visit the drawdowns tool.
Volatility
CVLC vs. SCHG - Volatility Comparison
The current volatility for Calvert US Large-Cap Core Responsible Index ETF (CVLC) is 3.29%, while Schwab U.S. Large-Cap Growth ETF (SCHG) has a volatility of 4.67%. This indicates that CVLC experiences smaller price fluctuations and is considered to be less risky than SCHG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.