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IGRO vs. SCHY
Performance
Return for Risk
Drawdowns
Volatility
Dividends

IGRO vs. SCHY

Last updated Aug 2, 2026
Documentation

IGRO (iShares International Dividend Growth ETF) and SCHY (Schwab International Dividend Equity ETF) are both exchange-traded funds - IGRO is a Foreign Large Cap Equities fund tracking the Morningstar Global ex-US Dividend Growth Index (Net), while SCHY is a Dividend fund tracking the Dow Jones International Dividend 100 Index (Net). Both are passively managed. Over the past 5 years, IGRO returned 9.24%/yr vs 9.14%/yr for SCHY. Their correlation of 0.88 means they have usually moved in the same direction. IGRO charges 0.15%/yr vs 0.08%/yr for SCHY.

Performance

IGRO vs. SCHY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares International Dividend Growth ETF (IGRO) and Schwab International Dividend Equity ETF (SCHY). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, IGRO achieves a 12.57% return, which is significantly lower than SCHY's 13.81% return.

IGRO

1D
-0.91%
1M
2.78%
6M
8.51%
YTD
12.57%
1Y
23.88%
3Y*
16.37%
5Y*
9.24%
10Y*
9.13%
ALL TIME*
9.42%

SCHY

1D
-0.48%
1M
4.02%
6M
7.91%
YTD
13.81%
1Y
28.39%
3Y*
15.88%
5Y*
9.14%
10Y*
—
ALL TIME*
9.40%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

PositionAvg. Volume Value (2W)Avg. Volume Value (1M)Avg. Volume Value (3M)

IGRO

iShares International Dividend Growth ETF
$3.88M$3.27M$3.72M

SCHY

Schwab International Dividend Equity ETF
$27.81M$25.09M$19.24M

IGRO vs. SCHY - Yearly Performance Comparison

2026 (YTD)20252024202320222021
IGRO
iShares International Dividend Growth ETF		12.57%25.03%7.78%15.38%-12.72%2.33%
SCHY
Schwab International Dividend Equity ETF		13.81%33.98%-1.79%14.27%-9.43%3.42%

Correlation

The correlation between IGRO and SCHY is 0.82, meaning they have usually moved in the same direction, including during past declines.

Correlation
Correlation (1Y)
Focuses on recent behavior, but can change the most.

0.82

Correlation (3Y)
Balances recent behavior with more history.

0.84

Correlation (5Y)
Shows whether the relationship held over a longer period.

0.88

Correlation (All Time)
Calculated using the full available price history since Apr 29, 2021

0.88

The correlation between IGRO and SCHY has been stable across timeframes, ranging from 0.82 to 0.88 - a consistent structural relationship.

IGRO vs. SCHY - Sectors Allocation Comparison

Sectors
IGRO
SCHY

Financial Services

36.2%
13.2%

Healthcare

14.4%
8.6%

Industrials

12.9%
8.8%

Consumer Defensive

9.4%
17.6%

Utilities

7.1%
5.7%

Technology

6.7%
9.0%

Consumer Cyclical

5.9%
7.6%

Basic Materials

3.1%
5.4%

Energy

2.2%
7.2%

Communication Services

1.7%
11.6%

Real Estate

0.3%
0.6%

Financial Services

IGRO
36.2%
SCHY
13.2%

Healthcare

IGRO
14.4%
SCHY
8.6%

Industrials

IGRO
12.9%
SCHY
8.8%

Consumer Defensive

IGRO
9.4%
SCHY
17.6%

Utilities

IGRO
7.1%
SCHY
5.7%

Technology

IGRO
6.7%
SCHY
9.0%

Consumer Cyclical

IGRO
5.9%
SCHY
7.6%

Basic Materials

IGRO
3.1%
SCHY
5.4%

Energy

IGRO
2.2%
SCHY
7.2%

Communication Services

IGRO
1.7%
SCHY
11.6%

Real Estate

IGRO
0.3%
SCHY
0.6%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

iShares International Dividend Growth ETF

Schwab International Dividend Equity ETF

Often compared with IGRO:
IGRO vs. VIGIIGRO vs. IDVIGRO vs. DGROIGRO vs. IHDGIGRO vs. FIDIGRO vs. FDEMIGRO vs. DGRE
Often compared with SCHY:
SCHY vs. VYMISCHY vs. SCHDSCHY vs. SCHFSCHY vs. VXUSSCHY vs. VIGISCHY vs. IDVOSCHY vs. FIDI

Return for Risk

IGRO vs. SCHY — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.
IGRO
IGRO Risk / Return Rank: 7979
Overall Rank
IGRO Sharpe Ratio Rank: 8383
Sharpe Ratio Rank
IGRO Sortino Ratio Rank: 8383
Sortino Ratio Rank
IGRO Omega Ratio Rank: 8383
Omega Ratio Rank
IGRO Calmar Ratio Rank: 7070
Calmar Ratio Rank
IGRO Martin Ratio Rank: 7575
Martin Ratio Rank
SCHY
SCHY Risk / Return Rank: 8686
Overall Rank
SCHY Sharpe Ratio Rank: 9292
Sharpe Ratio Rank
SCHY Sortino Ratio Rank: 9191
Sortino Ratio Rank
SCHY Omega Ratio Rank: 9191
Omega Ratio Rank
SCHY Calmar Ratio Rank: 8484
Calmar Ratio Rank
SCHY Martin Ratio Rank: 7373
Martin Ratio Rank
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.

IGRO vs. SCHY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares International Dividend Growth ETF (IGRO) and Schwab International Dividend Equity ETF (SCHY). 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.

IGROSCHYDifference
Sharpe ratioReturn per unit of total volatility
1.93
2.39

-0.46

Sortino ratioReturn per unit of downside risk
2.73
3.27

-0.54

Omega ratioGain probability vs. loss probability

1.35

1.43

-0.08

Calmar ratioReturn relative to maximum drawdown

2.42

3.15

-0.74

Martin ratioReturn relative to average drawdown

9.41

8.98

+0.43

IGRO vs. SCHY - Sharpe Ratio Comparison

The current IGRO Sharpe Ratio is 1.93, which is comparable to the SCHY Sharpe Ratio of 2.39. The chart below compares the historical Sharpe Ratios of IGRO and SCHY, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

IGRO vs. SCHY - Drawdown Comparison

The maximum IGRO drawdown since its inception was -36.25%, which is greater than SCHY's maximum drawdown of -24.04%. Use the drawdown chart below to compare losses from any high point for IGRO and SCHY.

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Drawdown Indicators

IGROSCHYDifference

Max Drawdown

Largest peak-to-trough decline

-36.25%

-24.04%

-12.21%

Max Drawdown (1Y)

Largest decline over 1 year

-10.00%

-9.11%

-0.89%

Max Drawdown (3Y)

Largest decline over 3 years

-11.13%

-12.16%

+1.03%

Max Drawdown (5Y)

Largest decline over 5 years

-25.98%

-24.04%

-1.94%

Max Drawdown (10Y)

Largest decline over 10 years

-36.25%

—

—

Current Drawdown

Current decline from peak

-0.91%

-0.48%

-0.43%

Average Drawdown

Average peak-to-trough decline

-5.61%

-4.93%

-0.68%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.56%

3.19%

-0.63%

Volatility

IGRO vs. SCHY - Volatility Comparison

iShares International Dividend Growth ETF (IGRO) has a higher volatility of 3.45% compared to Schwab International Dividend Equity ETF (SCHY) at 3.10%. This indicates that IGRO's price experiences larger fluctuations and is considered to be riskier than SCHY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

IGROSCHYDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.45%

3.10%

+0.35%

Volatility (6M)

Calculated over the trailing 6-month period

10.75%

10.07%

+0.68%

Volatility (1Y)

Calculated over the trailing 1-year period

12.59%

12.03%

+0.56%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

13.92%

13.27%

+0.65%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

16.58%

13.18%

+3.40%

IGRO vs. SCHY - Expense Ratio Comparison

IGRO has a 0.15% expense ratio, which is higher than SCHY's 0.08% 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

IGRO vs. SCHY - Dividend Comparison

IGRO's dividend yield for the trailing twelve months is around 2.64%, less than SCHY's 3.32% yield.

PositionTTM2025202420232022202120202019201820172016
IGRO
iShares International Dividend Growth ETF		2.64%2.51%2.44%2.79%2.69%2.27%2.41%2.65%2.97%2.43%1.18%
SCHY
Schwab International Dividend Equity ETF		3.32%3.55%4.64%3.97%3.67%1.73%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions

IGRO and SCHY have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

IGRO has higher volatility (3.45%) compared to SCHY (3.10%). In terms of maximum drawdown, IGRO dropped -36.25% vs SCHY's -24.04%.

On 5-year performance, IGRO leads with 9.24% vs 9.14% for SCHY. On fees, SCHY is cheaper at 0.08% per year. On volatility, SCHY has been the lower-risk option at 3.10%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 5-year period, IGRO has performed better with a 9.24% return vs 9.14%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

SCHY is cheaper with a 0.08% expense ratio, compared with 0.15% for IGRO.

SCHY has the higher dividend yield at 3.32%, compared with 2.64% for IGRO.

IGRO is categorized as Foreign Large Cap Equities, while SCHY is Dividend. IGRO tracks Morningstar Global ex-US Dividend Growth Index (Net), while SCHY tracks Dow Jones International Dividend 100 Index (Net). They also come from different issuers: iShares and Charles Schwab. Their fees differ too: 0.15% for IGRO and 0.08% for SCHY.

SCHY currently has the higher Sharpe Ratio (2.39 vs 1.93), 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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