FVC vs. SCHG
FVC (First Trust Dorsey Wright Dynamic Focus 5 ETF) and SCHG (Schwab U.S. Large-Cap Growth ETF) are both exchange-traded funds - FVC is a Hedge Fund fund tracking the Dorsey Wright Dynamic Focus Five 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 10 years, FVC returned 8.42%/yr vs 18.65%/yr for SCHG. A 0.77 correlation means they provide meaningful diversification when combined. FVC charges 0.71%/yr vs 0.04%/yr for SCHG.
Performance
FVC vs. SCHG - Performance Comparison
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Returns By Period
In the year-to-date period, FVC achieves a 15.43% return, which is significantly higher than SCHG's 4.05% return. Over the past 10 years, FVC has underperformed SCHG with an annualized return of 8.42%, while SCHG has yielded a comparatively higher 18.65% annualized return.
FVC
- 1D
- 1.37%
- 1M
- 4.34%
- YTD
- 15.43%
- 6M
- 16.84%
- 1Y
- 21.69%
- 3Y*
- 9.59%
- 5Y*
- 5.18%
- 10Y*
- 8.42%
SCHG
- 1D
- 1.32%
- 1M
- 0.03%
- YTD
- 4.05%
- 6M
- 5.38%
- 1Y
- 21.75%
- 3Y*
- 22.88%
- 5Y*
- 14.43%
- 10Y*
- 18.65%
FVC vs. SCHG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FVC First Trust Dorsey Wright Dynamic Focus 5 ETF | 15.43% | 2.12% | 12.43% | -4.59% | -6.03% | 21.92% | 12.71% | 19.28% | -8.60% | 19.74% |
SCHG Schwab U.S. Large-Cap Growth ETF | 4.05% | 17.50% | 34.95% | 50.10% | -31.80% | 28.11% | 39.14% | 36.02% | -1.36% | 28.05% |
Correlation
The correlation between FVC and SCHG is 0.66, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.66 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.73 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.70 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.77 |
Correlation (All Time) Calculated using the full available price history since Mar 18, 2016 | 0.77 |
The correlation between FVC and SCHG shifts across timeframes, from 0.66 (1 year) to 0.77 (10 years), reflecting how their relationship changes across market environments.
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Return for Risk
FVC vs. SCHG — Risk / Return Rank
FVC
SCHG
FVC vs. SCHG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Dorsey Wright Dynamic Focus 5 ETF (FVC) 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.
| FVC | SCHG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.19 | ||
| Sortino ratioReturn per unit of downside risk | +0.26 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 1.24 | +0.07 |
| Calmar ratioReturn relative to maximum drawdown | 1.64 | 1.33 | +0.30 |
| Martin ratioReturn relative to average drawdown | 6.36 | 4.37 | +1.99 |
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Drawdowns
FVC vs. SCHG - Drawdown Comparison
The maximum FVC drawdown since its inception was -30.96%, smaller than the maximum SCHG drawdown of -34.59%. Use the drawdown chart below to compare losses from any high point for FVC and SCHG.
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Drawdown Indicators
| FVC | SCHG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -30.96% | -34.59% | +3.63% |
Max Drawdown (1Y)Largest decline over 1 year | -13.32% | -16.41% | +3.09% |
Max Drawdown (3Y)Largest decline over 3 years | -14.75% | -23.39% | +8.64% |
Max Drawdown (5Y)Largest decline over 5 years | -22.62% | -34.59% | +11.97% |
Max Drawdown (10Y)Largest decline over 10 years | -30.96% | -34.59% | +3.63% |
Current DrawdownCurrent decline from peak | -1.69% | -3.97% | +2.28% |
Average DrawdownAverage peak-to-trough decline | -7.04% | -5.20% | -1.84% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.42% | 4.99% | -1.57% |
Volatility
FVC vs. SCHG - Volatility Comparison
First Trust Dorsey Wright Dynamic Focus 5 ETF (FVC) has a higher volatility of 6.45% compared to Schwab U.S. Large-Cap Growth ETF (SCHG) at 5.80%. This indicates that FVC's price experiences larger fluctuations and is considered to be riskier than SCHG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FVC | SCHG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.45% | 5.80% | +0.65% |
Volatility (6M)Calculated over the trailing 6-month period | 13.58% | 12.58% | +1.00% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.14% | 16.13% | -1.99% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.46% | 22.36% | -5.90% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.69% | 21.60% | -3.91% |
FVC vs. SCHG - Expense Ratio Comparison
FVC has a 0.71% expense ratio, which is higher than SCHG's 0.04% expense ratio.
Dividends
FVC vs. SCHG - Dividend Comparison
FVC's dividend yield for the trailing twelve months is around 1.95%, more than SCHG's 0.37% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FVC First Trust Dorsey Wright Dynamic Focus 5 ETF | 1.95% | 2.57% | 0.78% | 1.89% | 1.50% | 0.09% | 0.21% | 1.07% | 0.24% | 0.63% | 0.67% | 0.00% |
SCHG Schwab U.S. Large-Cap Growth ETF | 0.37% | 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
FVC and SCHG have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FVC has higher volatility (6.45%) compared to SCHG (5.80%). In terms of maximum drawdown, FVC dropped -30.96% vs SCHG's -34.59%.
On 10-year performance, SCHG leads with 18.65% vs 8.42% for FVC. On fees, SCHG is cheaper at 0.04% per year. On volatility, SCHG has been the lower-risk option at 5.80%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, SCHG has performed better with a 18.65% return vs 8.42%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
SCHG is cheaper with a 0.04% expense ratio, compared with 0.71% for FVC.
FVC has the higher dividend yield at 1.95%, compared with 0.37% for SCHG.
FVC is categorized as Hedge Fund, while SCHG is Large Cap Growth Equities. FVC tracks Dorsey Wright Dynamic Focus Five Index, while SCHG tracks Dow Jones U.S. Large-Cap Growth Total Stock Market Index. They also come from different issuers: First Trust and Charles Schwab. Their fees differ too: 0.71% for FVC and 0.04% for SCHG.
FVC currently has the higher Sharpe Ratio (1.54 vs 1.35), 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.
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