IGLD vs. SCHG
IGLD (FT Vest Gold Strategy Target Income ETF) and SCHG (Schwab U.S. Large-Cap Growth ETF) are both exchange-traded funds - IGLD is a Gold fund actively managed by First Trust, while SCHG is a Large Cap Growth Equities fund tracking the Dow Jones U.S. Large-Cap Growth Total Stock Market Index. IGLD is actively managed, while SCHG is passively managed. Over the past 5 years, IGLD returned 13.19%/yr vs 14.85%/yr for SCHG. At a 0.12 correlation, their price movements are largely independent. IGLD charges 0.85%/yr vs 0.04%/yr for SCHG.
Performance
IGLD vs. SCHG - Performance Comparison
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Returns By Period
In the year-to-date period, IGLD achieves a -0.64% return, which is significantly lower than SCHG's 5.03% return.
IGLD
- 1D
- 2.91%
- 1M
- -4.22%
- YTD
- -0.64%
- 6M
- -0.15%
- 1Y
- 19.51%
- 3Y*
- 21.70%
- 5Y*
- 13.19%
- 10Y*
- —
SCHG
- 1D
- 2.39%
- 1M
- -0.12%
- YTD
- 5.03%
- 6M
- 5.98%
- 1Y
- 23.20%
- 3Y*
- 23.27%
- 5Y*
- 14.85%
- 10Y*
- 18.85%
IGLD vs. SCHG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
IGLD FT Vest Gold Strategy Target Income ETF | -0.64% | 47.46% | 19.36% | 9.24% | -2.34% | 4.30% |
SCHG Schwab U.S. Large-Cap Growth ETF | 5.03% | 17.50% | 34.95% | 50.10% | -31.80% | 26.76% |
Correlation
The correlation between IGLD and SCHG is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.24 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.14 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.10 |
Correlation (All Time) Calculated using the full available price history since Mar 3, 2021 | 0.12 |
The correlation between IGLD and SCHG shifts across timeframes, from 0.10 (5 years) to 0.24 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
IGLD vs. SCHG — Risk / Return Rank
IGLD
SCHG
IGLD vs. SCHG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for FT Vest Gold Strategy Target Income ETF (IGLD) 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.
| IGLD | SCHG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.64 | ||
| Sortino ratioReturn per unit of downside risk | -0.81 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.26 | -0.08 |
| Calmar ratioReturn relative to maximum drawdown | 0.89 | 1.42 | -0.53 |
| Martin ratioReturn relative to average drawdown | 2.72 | 4.68 | -1.96 |
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Drawdowns
IGLD vs. SCHG - Drawdown Comparison
The maximum IGLD drawdown since its inception was -21.90%, smaller than the maximum SCHG drawdown of -34.59%. Use the drawdown chart below to compare losses from any high point for IGLD and SCHG.
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Drawdown Indicators
| IGLD | SCHG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.90% | -34.59% | +12.69% |
Max Drawdown (1Y)Largest decline over 1 year | -21.90% | -16.41% | -5.49% |
Max Drawdown (3Y)Largest decline over 3 years | -21.90% | -23.39% | +1.49% |
Max Drawdown (5Y)Largest decline over 5 years | -21.90% | -34.59% | +12.69% |
Max Drawdown (10Y)Largest decline over 10 years | — | -34.59% | — |
Current DrawdownCurrent decline from peak | -17.10% | -3.06% | -14.04% |
Average DrawdownAverage peak-to-trough decline | -5.31% | -5.20% | -0.11% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.20% | 4.97% | +2.23% |
Volatility
IGLD vs. SCHG - Volatility Comparison
FT Vest Gold Strategy Target Income ETF (IGLD) has a higher volatility of 8.25% compared to Schwab U.S. Large-Cap Growth ETF (SCHG) at 5.59%. This indicates that IGLD'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
| IGLD | SCHG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.25% | 5.59% | +2.66% |
Volatility (6M)Calculated over the trailing 6-month period | 22.18% | 12.52% | +9.66% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.30% | 16.09% | +8.21% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.50% | 22.35% | -6.85% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.27% | 21.60% | -6.33% |
IGLD vs. SCHG - Expense Ratio Comparison
IGLD has a 0.85% expense ratio, which is higher than SCHG's 0.04% expense ratio.
Dividends
IGLD vs. SCHG - Dividend Comparison
IGLD's dividend yield for the trailing twelve months is around 18.34%, more than SCHG's 0.37% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IGLD FT Vest Gold Strategy Target Income ETF | 18.34% | 9.91% | 20.81% | 7.85% | 4.45% | 2.24% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 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
IGLD and SCHG have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IGLD has higher volatility (8.25%) compared to SCHG (5.59%). In terms of maximum drawdown, IGLD dropped -21.90% vs SCHG's -34.59%.
On 5-year performance, SCHG leads with 14.85% vs 13.19% for IGLD. On fees, SCHG is cheaper at 0.04% per year. On volatility, SCHG has been the lower-risk option at 5.59%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, SCHG has performed better with a 14.85% return vs 13.19%. 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 0.85% for IGLD.
IGLD has the higher dividend yield at 18.34%, compared with 0.37% for SCHG.
IGLD is categorized as Gold, while SCHG is Large Cap Growth Equities. They also come from different issuers: First Trust and Charles Schwab. Their fees differ too: 0.85% for IGLD and 0.04% for SCHG.
SCHG currently has the higher Sharpe Ratio (1.45 vs 0.81), 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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