EQRR vs. SCHG

Last updated Aug 2, 2026

EQRR (ProShares Equities for Rising Rates ETF) and SCHG (Schwab U.S. Large-Cap Growth ETF) are both exchange-traded funds - EQRR is a Mid Cap Value Equities fund tracking the Nasdaq US Large Cap Equity Rising Rates Index, while SCHG is a Large Cap Growth Equities fund tracking the Dow Jones U.S. Large-Cap Growth Total Stock Market Index. Both are passively managed. Over the past 5 years, EQRR returned 13.84%/yr vs 13.15%/yr for SCHG. Their 0.42 correlation means their historical movements had little consistent relationship. EQRR charges 0.35%/yr vs 0.04%/yr for SCHG.

Performance

EQRR vs. SCHG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProShares Equities for Rising Rates ETF (EQRR) and Schwab U.S. Large-Cap Growth ETF (SCHG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EQRR achieves a 29.00% return, which is significantly higher than SCHG's 4.99% return.

EQRR

• 1D: 1.75%
• 1M: 4.41%
• 6M: 23.60%
• YTD: 29.00%
• 1Y: 40.33%
• 3Y*: 17.69%
• 5Y*: 13.84%
• 10Y*: —
• ALL TIME*: 10.68%

SCHG

• 1D: 1.12%
• 1M: 0.15%
• 6M: 7.02%
• YTD: 4.99%
• 1Y: 16.16%
• 3Y*: 21.39%
• 5Y*: 13.15%
• 10Y*: 18.27%
• ALL TIME*: 16.34%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
EQRR ProShares Equities for Rising Rates ETF	$235.70K	$533.46K	$2.90M
SCHG Schwab U.S. Large-Cap Growth ETF	$247.66M	$249.87M	$339.91M

EQRR vs. SCHG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
EQRR ProShares Equities for Rising Rates ETF	29.00%	15.49%	7.69%	9.19%	2.20%	36.11%	-10.14%	19.57%	-18.60%	17.11%
SCHG Schwab U.S. Large-Cap Growth ETF	4.99%	17.50%	34.95%	50.10%	-31.80%	28.11%	39.14%	36.02%	-1.36%	9.12%

Correlation

The correlation between EQRR and SCHG is 0.49, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.49
Correlation (3Y) Balances recent behavior with more history.	0.40
Correlation (5Y) Shows whether the relationship held over a longer period.	0.47
Correlation (All Time) Calculated using the full available price history since Jul 25, 2017	0.42

EQRR vs. SCHG - Sectors Allocation Comparison

Sectors	EQRR	SCHG
Technology	40.2%	44.0%
Energy	21.6%	0.9%
Financial Services	18.8%	7.7%
Communication Services	9.7%	14.1%
Industrials	5.5%	7.6%
Consumer Cyclical	4.3%	11.2%
Basic Materials	-	1.6%
Consumer Defensive	-	1.9%
Healthcare	-	9.9%
Real Estate	-	0.6%
Utilities	-	0.5%

Return for Risk

EQRR vs. SCHG — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

EQRR

EQRR Risk / Return Rank: 94
EQRR Sharpe Ratio Rank: 94
EQRR Sortino Ratio Rank: 91
EQRR Omega Ratio Rank: 92
EQRR Calmar Ratio Rank: 97
EQRR Martin Ratio Rank: 96

SCHG

SCHG Risk / Return Rank: 30
SCHG Sharpe Ratio Rank: 33
SCHG Sortino Ratio Rank: 31
SCHG Omega Ratio Rank: 31
SCHG Calmar Ratio Rank: 26
SCHG Martin Ratio Rank: 30

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

EQRR vs. SCHG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares Equities for Rising Rates ETF (EQRR) 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.

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.

	EQRR	SCHG	Difference
Sharpe ratio: Return per unit of total volatility	2.56	0.82	+1.75
Sortino ratio: Return per unit of downside risk	3.30	1.20	+2.11
Omega ratio: Gain probability vs. loss probability	1.46	1.15	+0.31
Calmar ratio: Return relative to maximum drawdown	7.73	0.83	+6.91
Martin ratio: Return relative to average drawdown	26.43	2.62	+23.82

EQRR vs. SCHG - Sharpe Ratio Comparison

The current EQRR Sharpe Ratio is 2.56, which is higher than the SCHG Sharpe Ratio of 0.82. The chart below compares the historical Sharpe Ratios of EQRR and SCHG, 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

EQRR vs. SCHG - Drawdown Comparison

The maximum EQRR drawdown since its inception was -57.93%, which is greater than SCHG's maximum drawdown of -34.59%. Use the drawdown chart below to compare losses from any high point for EQRR and SCHG.

Drawdown Indicators

	EQRR	SCHG	Difference
Max Drawdown Largest peak-to-trough decline	-57.93%	-34.59%	-23.34%
Max Drawdown (1Y) Largest decline over 1 year	-4.95%	-16.41%	+11.46%
Max Drawdown (3Y) Largest decline over 3 years	-17.75%	-23.39%	+5.64%
Max Drawdown (5Y) Largest decline over 5 years	-21.75%	-34.59%	+12.84%
Max Drawdown (10Y) Largest decline over 10 years	—	-34.59%	—
Current Drawdown Current decline from peak	0.00%	-3.10%	+3.10%
Average Drawdown Average peak-to-trough decline	-9.93%	-5.19%	-4.74%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.45%	5.19%	-3.74%

Volatility

EQRR vs. SCHG - Volatility Comparison

The current volatility for ProShares Equities for Rising Rates ETF (EQRR) is 3.47%, while Schwab U.S. Large-Cap Growth ETF (SCHG) has a volatility of 4.32%. This indicates that EQRR 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.

Volatility by Period

	EQRR	SCHG	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.47%	4.32%	-0.85%
Volatility (6M) Calculated over the trailing 6-month period	11.86%	12.90%	-1.04%
Volatility (1Y) Calculated over the trailing 1-year period	14.98%	16.67%	-1.69%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.22%	22.42%	-1.20%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.77%	21.59%	+3.18%

EQRR vs. SCHG - Expense Ratio Comparison

EQRR has a 0.35% expense ratio, which is higher than SCHG's 0.04% expense ratio.

Dividends

EQRR vs. SCHG - Dividend Comparison

EQRR's dividend yield for the trailing twelve months is around 1.07%, more than SCHG's 0.38% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EQRR ProShares Equities for Rising Rates ETF	1.07%	1.70%	2.17%	2.77%	2.34%	1.71%	2.17%	2.05%	2.47%	0.69%	0.00%	0.00%
SCHG Schwab U.S. Large-Cap Growth ETF	0.38%	0.36%	0.39%	0.46%	0.55%	0.42%	0.52%	0.82%	1.27%	1.01%	1.04%	1.22%

Frequently Asked Questions

Can I hold both EQRR and SCHG in my portfolio?

EQRR and SCHG have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, EQRR or SCHG?

SCHG has higher volatility (4.32%) compared to EQRR (3.47%). In terms of maximum drawdown, EQRR dropped -57.93% vs SCHG's -34.59%.

Which ETF is better, EQRR or SCHG?

On 5-year performance, EQRR leads with 13.84% vs 13.15% for SCHG. On fees, SCHG is cheaper at 0.04% per year. On volatility, EQRR has been the lower-risk option at 3.47%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, EQRR or SCHG?

Over the 5-year period, EQRR has performed better with a 13.84% return vs 13.15%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, EQRR or SCHG?

SCHG is cheaper with a 0.04% expense ratio, compared with 0.35% for EQRR.

Which ETF pays a higher dividend yield, EQRR or SCHG?

EQRR has the higher dividend yield at 1.07%, compared with 0.38% for SCHG.

What is the main difference between EQRR and SCHG?

EQRR is categorized as Mid Cap Value Equities, while SCHG is Large Cap Growth Equities. EQRR tracks Nasdaq US Large Cap Equity Rising Rates Index, while SCHG tracks Dow Jones U.S. Large-Cap Growth Total Stock Market Index. They also come from different issuers: ProShares and Charles Schwab. Their fees differ too: 0.35% for EQRR and 0.04% for SCHG.

Which has better risk-adjusted returns?

EQRR currently has the higher Sharpe Ratio (2.56 vs 0.82), 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.