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IPX vs. SCHG
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

IPX vs. SCHG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in IperionX Limited American Depositary Share (IPX) and Schwab U.S. Large-Cap Growth ETF (SCHG). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, IPX achieves a 10.21% return, which is significantly higher than SCHG's 6.42% return.


IPX

1D
-9.36%
1M
19.08%
YTD
10.21%
6M
20.79%
1Y
73.84%
3Y*
86.48%
5Y*
10Y*

SCHG

1D
-1.23%
1M
4.81%
YTD
6.42%
6M
5.81%
1Y
24.64%
3Y*
25.02%
5Y*
15.59%
10Y*
18.77%
*Multi-year figures are annualized to reflect compound growth (CAGR)

IPX vs. SCHG - Yearly Performance Comparison


2026 (YTD)2025202420232022
IPX
IperionX Limited American Depositary Share
10.21%5.19%271.49%95.98%-32.88%
SCHG
Schwab U.S. Large-Cap Growth ETF
6.42%17.50%34.95%50.10%-3.70%

Correlation

The correlation between IPX and SCHG is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.40

Correlation (3Y)
Calculated over the trailing 3-year period

0.21

Correlation (All Time)
Calculated using the full available price history since Jun 22, 2022

0.20

Over the past year, IPX and SCHG have become more correlated (0.40) than their long-term average of 0.20, meaning their price movements have been converging.

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Return for Risk

IPX vs. SCHG — Risk / Return Rank

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

IPX
IPX Risk / Return Rank: 6666
Overall Rank
IPX Sharpe Ratio Rank: 7070
Sharpe Ratio Rank
IPX Sortino Ratio Rank: 6868
Sortino Ratio Rank
IPX Omega Ratio Rank: 6767
Omega Ratio Rank
IPX Calmar Ratio Rank: 6565
Calmar Ratio Rank
IPX Martin Ratio Rank: 6363
Martin Ratio Rank

SCHG
SCHG Risk / Return Rank: 3939
Overall Rank
SCHG Sharpe Ratio Rank: 4545
Sharpe Ratio Rank
SCHG Sortino Ratio Rank: 4343
Sortino Ratio Rank
SCHG Omega Ratio Rank: 4343
Omega Ratio Rank
SCHG Calmar Ratio Rank: 3030
Calmar Ratio Rank
SCHG Martin Ratio Rank: 3333
Martin Ratio Rank
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.

IPX vs. SCHG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for IperionX Limited American Depositary Share (IPX) 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.


IPXSCHGDifference

Sharpe ratio

Return per unit of total volatility

0.93

1.60

-0.67

Sortino ratio

Return per unit of downside risk

1.61

2.18

-0.56

Omega ratio

Gain probability vs. loss probability

1.20

1.28

-0.08

Calmar ratio

Return relative to maximum drawdown

1.17

1.51

-0.34

Martin ratio

Return relative to average drawdown

2.48

5.04

-2.57

IPX vs. SCHG - Sharpe Ratio Comparison

The current IPX Sharpe Ratio is 0.93, which is lower than the SCHG Sharpe Ratio of 1.60. The chart below compares the historical Sharpe Ratios of IPX and SCHG, 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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Sharpe Ratios by Period


IPXSCHGDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.93

1.60

-0.67

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.70

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.87

Sharpe Ratio (All Time)

Calculated using the full available price history

0.61

0.84

-0.24

Drawdowns

IPX vs. SCHG - Drawdown Comparison

The maximum IPX drawdown since its inception was -65.86%, which is greater than SCHG's maximum drawdown of -34.59%. Use the drawdown chart below to compare losses from any high point for IPX and SCHG.


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Drawdown Indicators


IPXSCHGDifference

Max Drawdown

Largest peak-to-trough decline

-65.86%

-34.59%

-31.27%

Max Drawdown (1Y)

Largest decline over 1 year

-63.43%

-16.41%

-47.02%

Max Drawdown (3Y)

Largest decline over 3 years

-65.86%

-23.39%

-42.47%

Max Drawdown (5Y)

Largest decline over 5 years

-34.59%

Max Drawdown (10Y)

Largest decline over 10 years

-34.59%

Current Drawdown

Current decline from peak

-33.65%

-1.78%

-31.87%

Average Drawdown

Average peak-to-trough decline

-24.65%

-5.20%

-19.45%

Ulcer Index

Depth and duration of drawdowns from previous peaks

29.91%

4.90%

+25.01%

Volatility

IPX vs. SCHG - Volatility Comparison

IperionX Limited American Depositary Share (IPX) has a higher volatility of 23.26% compared to Schwab U.S. Large-Cap Growth ETF (SCHG) at 3.61%. This indicates that IPX'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


IPXSCHGDifference

Volatility (1M)

Calculated over the trailing 1-month period

23.26%

3.61%

+19.65%

Volatility (6M)

Calculated over the trailing 6-month period

62.17%

11.62%

+50.55%

Volatility (1Y)

Calculated over the trailing 1-year period

80.26%

15.50%

+64.76%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

91.48%

22.27%

+69.21%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

91.48%

21.55%

+69.93%

Dividends

IPX vs. SCHG - Dividend Comparison

IPX has not paid dividends to shareholders, while SCHG's dividend yield for the trailing twelve months is around 0.36%.


PositionTTM20252024202320222021202020192018201720162015
IPX
IperionX Limited American Depositary Share
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
SCHG
Schwab U.S. Large-Cap Growth ETF
0.36%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


IPX and SCHG have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

IPX has higher volatility (23.26%) compared to SCHG (3.61%). In terms of maximum drawdown, IPX dropped -65.86% vs SCHG's -34.59%.

SCHG currently has the higher Sharpe Ratio (1.60 vs 0.93), 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.

Portfolio Optimizer

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