FEUS vs. SCHX

Last updated Jul 17, 2026

FEUS (FlexShares ESG & Climate US Large Cap Core Index Fund) and SCHX (Schwab U.S. Large-Cap ETF) are both Large Cap Blend Equities funds - FEUS tracks the Northern Trust ESG & Climate US Large Cap Core Index - Benchmark TR Gross while SCHX tracks the Dow Jones U.S. Large-Cap Total Stock Market Index. Both are passively managed. Over the past 3 years, FEUS returned 18.15%/yr vs 19.98%/yr for SCHX. With a 0.98 correlation, they move nearly in lockstep. FEUS charges 0.09%/yr vs 0.03%/yr for SCHX.

Performance

FEUS vs. SCHX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FlexShares ESG & Climate US Large Cap Core Index Fund (FEUS) and Schwab U.S. Large-Cap ETF (SCHX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with FEUS having a 10.18% return and SCHX slightly higher at 10.64%.

FEUS

• 1D: -0.47%
• 1M: 0.79%
• 6M: 9.60%
• YTD: 10.18%
• 1Y: 21.17%
• 3Y*: 18.15%
• 5Y*: —
• 10Y*: —

SCHX

• 1D: -0.44%
• 1M: 0.47%
• 6M: 8.78%
• YTD: 10.64%
• 1Y: 21.14%
• 3Y*: 19.98%
• 5Y*: 12.71%
• 10Y*: 15.03%

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

FEUS vs. SCHX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
FEUS FlexShares ESG & Climate US Large Cap Core Index Fund	10.18%	14.67%	23.10%	25.54%	-19.10%	9.37%
SCHX Schwab U.S. Large-Cap ETF	10.64%	17.46%	24.88%	26.84%	-19.41%	8.52%

Correlation

The correlation between FEUS and SCHX is 0.96 - 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 (1Y) Calculated over the trailing 1-year period	0.96
Correlation (3Y) Calculated over the trailing 3-year period	0.97
Correlation (All Time) Calculated using the full available price history since Sep 21, 2021	0.98

The correlation between FEUS and SCHX has been stable across timeframes, ranging from 0.96 to 0.98 - a consistent structural relationship.

FEUS vs. SCHX - Sectors Allocation Comparison

Sectors	FEUS	SCHX
Technology	39.0%	38.3%
Financial Services	11.2%	11.1%
Communication Services	10.4%	10.3%
Consumer Cyclical	10.4%	9.8%
Healthcare	8.2%	8.4%
Industrials	8.0%	8.6%
Consumer Defensive	4.2%	4.4%
Energy	3.4%	3.2%
Real Estate	2.0%	2.0%
Utilities	1.7%	2.1%
Basic Materials	1.5%	1.8%

Return for Risk

FEUS vs. SCHX — Risk / Return Rank

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

FEUS

FEUS Risk / Return Rank: 62
FEUS Sharpe Ratio Rank: 65
FEUS Sortino Ratio Rank: 62
FEUS Omega Ratio Rank: 63
FEUS Calmar Ratio Rank: 55
FEUS Martin Ratio Rank: 64

SCHX

SCHX Risk / Return Rank: 63
SCHX Sharpe Ratio Rank: 63
SCHX Sortino Ratio Rank: 61
SCHX Omega Ratio Rank: 62
SCHX Calmar Ratio Rank: 58
SCHX Martin Ratio Rank: 70

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.

FEUS vs. SCHX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FlexShares ESG & Climate US Large Cap Core Index Fund (FEUS) and Schwab U.S. Large-Cap ETF (SCHX). 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.

	FEUS	SCHX	Difference
Sharpe ratio: Return per unit of total volatility	1.70	1.68	+0.03
Sortino ratio: Return per unit of downside risk	2.35	2.32	+0.03
Omega ratio: Gain probability vs. loss probability	1.30	1.30	0.00
Calmar ratio: Return relative to maximum drawdown	2.23	2.35	-0.13
Martin ratio: Return relative to average drawdown	8.95	10.08	-1.13

FEUS vs. SCHX - Sharpe Ratio Comparison

The current FEUS Sharpe Ratio is 1.70, which is comparable to the SCHX Sharpe Ratio of 1.68. The chart below compares the historical Sharpe Ratios of FEUS and SCHX, 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

FEUS vs. SCHX - Drawdown Comparison

The maximum FEUS drawdown since its inception was -25.31%, smaller than the maximum SCHX drawdown of -34.33%. Use the drawdown chart below to compare losses from any high point for FEUS and SCHX.

Drawdown Indicators

	FEUS	SCHX	Difference
Max Drawdown Largest peak-to-trough decline	-25.31%	-34.33%	+9.02%
Max Drawdown (1Y) Largest decline over 1 year	-9.55%	-9.02%	-0.53%
Max Drawdown (3Y) Largest decline over 3 years	-19.47%	-19.04%	-0.43%
Max Drawdown (5Y) Largest decline over 5 years	—	-25.41%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-34.33%	—
Current Drawdown Current decline from peak	-0.85%	-0.77%	-0.08%
Average Drawdown Average peak-to-trough decline	-6.25%	-3.95%	-2.30%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.37%	2.10%	+0.27%

Volatility

FEUS vs. SCHX - Volatility Comparison

The current volatility for FlexShares ESG & Climate US Large Cap Core Index Fund (FEUS) is 2.95%, while Schwab U.S. Large-Cap ETF (SCHX) has a volatility of 3.30%. This indicates that FEUS experiences smaller price fluctuations and is considered to be less risky than SCHX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FEUS	SCHX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.95%	3.30%	-0.35%
Volatility (6M) Calculated over the trailing 6-month period	10.03%	10.02%	+0.01%
Volatility (1Y) Calculated over the trailing 1-year period	12.49%	12.67%	-0.18%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.94%	17.23%	-0.29%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.94%	18.13%	-1.19%

FEUS vs. SCHX - Expense Ratio Comparison

FEUS has a 0.09% expense ratio, which is higher than SCHX'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

FEUS vs. SCHX - Dividend Comparison

FEUS's dividend yield for the trailing twelve months is around 0.99%, less than SCHX's 1.02% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FEUS FlexShares ESG & Climate US Large Cap Core Index Fund	0.99%	1.06%	1.15%	1.41%	1.48%	0.36%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SCHX Schwab U.S. Large-Cap ETF	1.02%	1.09%	1.22%	1.39%	1.64%	1.22%	1.64%	1.82%	2.02%	1.70%	1.92%	2.04%

Frequently Asked Questions

Can I hold both FEUS and SCHX in my portfolio?

With a correlation of 0.96, FEUS and SCHX 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 is riskier, FEUS or SCHX?

SCHX has higher volatility (3.30%) compared to FEUS (2.95%). In terms of maximum drawdown, FEUS dropped -25.31% vs SCHX's -34.33%.

Which ETF is better, FEUS or SCHX?

On 3-year performance, SCHX leads with 19.98% vs 18.15% for FEUS. On fees, SCHX is cheaper at 0.03% per year. On volatility, FEUS has been the lower-risk option at 2.95%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, FEUS or SCHX?

Over the 3-year period, SCHX has performed better with a 19.98% return vs 18.15%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FEUS or SCHX?

SCHX is cheaper with a 0.03% expense ratio, compared with 0.09% for FEUS.

Which ETF pays a higher dividend yield, FEUS or SCHX?

SCHX has the higher dividend yield at 1.02%, compared with 0.99% for FEUS.

What is the main difference between FEUS and SCHX?

FEUS tracks Northern Trust ESG & Climate US Large Cap Core Index - Benchmark TR Gross, while SCHX tracks Dow Jones U.S. Large-Cap Total Stock Market Index. They also come from different issuers: FlexShares and Charles Schwab. Their fees differ too: 0.09% for FEUS and 0.03% for SCHX.

Which has better risk-adjusted returns?

FEUS currently has the higher Sharpe Ratio (1.70 vs 1.68), 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.