HOSGX vs. SCHX

Last updated Jun 24, 2026

HOSGX (Homestead Funds Short-Term Government Securities Fund) and SCHX (Schwab U.S. Large-Cap ETF) are both funds - HOSGX is a Government Bonds fund managed by Homestead, while SCHX is a Large Cap Blend Equities fund tracking the Dow Jones U.S. Large-Cap Total Stock Market Index. Over the past 10 years, HOSGX returned 1.38%/yr vs 15.47%/yr for SCHX. At a correlation of -0.10, they often move in opposite directions. HOSGX charges 0.75%/yr vs 0.03%/yr for SCHX.

Performance

HOSGX vs. SCHX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Homestead Funds Short-Term Government Securities Fund (HOSGX) and Schwab U.S. Large-Cap ETF (SCHX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, HOSGX achieves a -0.26% return, which is significantly lower than SCHX's 8.04% return. Over the past 10 years, HOSGX has underperformed SCHX with an annualized return of 1.38%, while SCHX has yielded a comparatively higher 15.47% annualized return.

HOSGX

• 1D: -0.20%
• 1M: 0.08%
• YTD: -0.26%
• 6M: -0.01%
• 1Y: 2.21%
• 3Y*: 3.64%
• 5Y*: 1.15%
• 10Y*: 1.38%

SCHX

• 1D: -1.29%
• 1M: -1.16%
• YTD: 8.04%
• 6M: 7.00%
• 1Y: 23.07%
• 3Y*: 20.75%
• 5Y*: 12.44%
• 10Y*: 15.47%

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

HOSGX vs. SCHX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
HOSGX Homestead Funds Short-Term Government Securities Fund	-0.26%	5.35%	2.80%	4.44%	-5.42%	-1.19%	4.11%	3.35%	1.25%	0.87%
SCHX Schwab U.S. Large-Cap ETF	8.04%	17.46%	24.88%	26.84%	-19.41%	26.81%	20.81%	31.22%	-4.66%	21.95%

Correlation

The correlation between HOSGX and SCHX is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.12
Correlation (3Y) Calculated over the trailing 3-year period	0.09
Correlation (5Y) Calculated over the trailing 5-year period	0.08
Correlation (10Y) Calculated over the trailing 10-year period	-0.03
Correlation (All Time) Calculated using the full available price history since Nov 3, 2009	-0.10

The correlation between HOSGX and SCHX shifts across timeframes, from -0.10 (all time) to 0.12 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

HOSGX vs. SCHX — Risk / Return Rank

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

HOSGX

HOSGX Risk / Return Rank: 21
HOSGX Sharpe Ratio Rank: 16
HOSGX Sortino Ratio Rank: 17
HOSGX Omega Ratio Rank: 24
HOSGX Calmar Ratio Rank: 25
HOSGX Martin Ratio Rank: 21

SCHX

SCHX Risk / Return Rank: 56
SCHX Sharpe Ratio Rank: 56
SCHX Sortino Ratio Rank: 54
SCHX Omega Ratio Rank: 55
SCHX Calmar Ratio Rank: 54
SCHX Martin Ratio Rank: 64

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.

HOSGX vs. SCHX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Homestead Funds Short-Term Government Securities Fund (HOSGX) 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.

	HOSGX	SCHX	Difference
Sharpe ratio: Return per unit of total volatility	1.05	1.84	-0.79
Sortino ratio: Return per unit of downside risk	1.60	2.51	-0.91
Omega ratio: Gain probability vs. loss probability	1.23	1.33	-0.10
Calmar ratio: Return relative to maximum drawdown	1.76	2.57	-0.81
Martin ratio: Return relative to average drawdown	4.82	11.26	-6.43

HOSGX vs. SCHX - Sharpe Ratio Comparison

The current HOSGX Sharpe Ratio is 1.05, which is lower than the SCHX Sharpe Ratio of 1.84. The chart below compares the historical Sharpe Ratios of HOSGX 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

HOSGX vs. SCHX - Drawdown Comparison

The maximum HOSGX drawdown since its inception was -7.99%, smaller than the maximum SCHX drawdown of -34.33%. Use the drawdown chart below to compare losses from any high point for HOSGX and SCHX.

Drawdown Indicators

	HOSGX	SCHX	Difference
Max Drawdown Largest peak-to-trough decline	-7.99%	-34.33%	+26.34%
Max Drawdown (1Y) Largest decline over 1 year	-1.38%	-9.02%	+7.64%
Max Drawdown (3Y) Largest decline over 3 years	-1.53%	-19.04%	+17.51%
Max Drawdown (5Y) Largest decline over 5 years	-7.72%	-25.41%	+17.69%
Max Drawdown (10Y) Largest decline over 10 years	-7.99%	-34.33%	+26.34%
Current Drawdown Current decline from peak	-1.17%	-3.11%	+1.94%
Average Drawdown Average peak-to-trough decline	-0.64%	-3.96%	+3.32%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.50%	2.05%	-1.55%

Volatility

HOSGX vs. SCHX - Volatility Comparison

The current volatility for Homestead Funds Short-Term Government Securities Fund (HOSGX) is 0.84%, while Schwab U.S. Large-Cap ETF (SCHX) has a volatility of 4.89%. This indicates that HOSGX 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

	HOSGX	SCHX	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.84%	4.89%	-4.05%
Volatility (6M) Calculated over the trailing 6-month period	1.73%	9.94%	-8.21%
Volatility (1Y) Calculated over the trailing 1-year period	2.32%	12.65%	-10.33%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.31%	17.23%	-13.92%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.62%	18.16%	-15.54%

HOSGX vs. SCHX - Expense Ratio Comparison

HOSGX has a 0.75% expense ratio, which is higher than SCHX's 0.03% expense ratio.

Dividends

HOSGX vs. SCHX - Dividend Comparison

HOSGX's dividend yield for the trailing twelve months is around 3.22%, more than SCHX's 1.03% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
HOSGX Homestead Funds Short-Term Government Securities Fund	3.22%	3.20%	2.96%	2.28%	1.20%	0.33%	2.52%	1.94%	1.44%	1.06%	0.84%	0.85%
SCHX Schwab U.S. Large-Cap ETF	1.03%	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 HOSGX and SCHX in my portfolio?

HOSGX and SCHX have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, HOSGX or SCHX?

SCHX has higher volatility (4.89%) compared to HOSGX (0.84%). In terms of maximum drawdown, HOSGX dropped -7.99% vs SCHX's -34.33%.

Which has better risk-adjusted returns?

SCHX currently has the higher Sharpe Ratio (1.84 vs 1.05), 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.