MOAT vs. SCHX

Last updated Apr 2, 2026

Compare and contrast key facts about VanEck Vectors Morningstar Wide Moat ETF (MOAT) and Schwab U.S. Large-Cap ETF (SCHX).

MOAT and SCHX are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. MOAT is a passively managed fund by VanEck that tracks the performance of the Morningstar Wide Moat Focus Index. It was launched on Apr 24, 2012. SCHX is a passively managed fund by Charles Schwab that tracks the performance of the Dow Jones U.S. Large-Cap Total Stock Market Index. It was launched on Nov 3, 2009. Both MOAT and SCHX are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

MOAT vs. SCHX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VanEck Vectors Morningstar Wide Moat ETF (MOAT) and Schwab U.S. Large-Cap ETF (SCHX). The values are adjusted to include any dividend payments, if applicable.

MOAT vs. SCHX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
MOAT VanEck Vectors Morningstar Wide Moat ETF	-6.87%	13.20%	10.73%	31.89%	-13.66%	24.12%	14.84%	34.79%	-1.28%	23.18%
SCHX Schwab U.S. Large-Cap ETF	-3.70%	17.46%	24.88%	26.84%	-19.41%	26.81%	20.81%	31.22%	-4.66%	21.95%

Returns By Period

In the year-to-date period, MOAT achieves a -6.87% return, which is significantly lower than SCHX's -3.70% return. Both investments have delivered pretty close results over the past 10 years, with MOAT having a 13.46% annualized return and SCHX not far ahead at 14.02%.

MOAT

• 1D: -0.26%
• 1M: -9.39%
• YTD: -6.87%
• 6M: -2.70%
• 1Y: 11.53%
• 3Y*: 10.62%
• 5Y*: 7.92%
• 10Y*: 13.46%

SCHX

• 1D: 0.78%
• 1M: -4.31%
• YTD: -3.70%
• 6M: -1.70%
• 1Y: 17.91%
• 3Y*: 18.55%
• 5Y*: 11.30%
• 10Y*: 14.02%

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

MOAT vs. SCHX - Expense Ratio Comparison

MOAT has a 0.48% expense ratio, which is higher than SCHX's 0.03% expense ratio.

MOAT

VanEck Vectors Morningstar Wide Moat ETF

SCHX

Schwab U.S. Large-Cap ETF

Return for Risk

MOAT vs. SCHX — Risk / Return Rank

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

MOAT

MOAT Risk / Return Rank: 31
MOAT Sharpe Ratio Rank: 30
MOAT Sortino Ratio Rank: 32
MOAT Omega Ratio Rank: 30
MOAT Calmar Ratio Rank: 32
MOAT Martin Ratio Rank: 34

SCHX

SCHX Risk / Return Rank: 58
SCHX Sharpe Ratio Rank: 52
SCHX Sortino Ratio Rank: 56
SCHX Omega Ratio Rank: 59
SCHX Calmar Ratio Rank: 57
SCHX Martin Ratio Rank: 67

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.

MOAT vs. SCHX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Vectors Morningstar Wide Moat ETF (MOAT) 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.

	MOAT	SCHX	Difference
Sharpe ratio Return per unit of total volatility	0.59	0.98	-0.40
Sortino ratio Return per unit of downside risk	0.98	1.50	-0.52
Omega ratio Gain probability vs. loss probability	1.13	1.23	-0.09
Calmar ratio Return relative to maximum drawdown	0.83	1.51	-0.68
Martin ratio Return relative to average drawdown	3.12	7.02	-3.90
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MOAT vs. SCHX - Sharpe Ratio Comparison

The current MOAT Sharpe Ratio is 0.59, which is lower than the SCHX Sharpe Ratio of 0.98. The chart below compares the historical Sharpe Ratios of MOAT and SCHX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	MOAT	SCHX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.59	0.98	-0.40
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.44	0.66	-0.22
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.72	0.78	-0.05
Sharpe Ratio (All Time) Calculated using the full available price history	0.75	0.80	-0.05

Correlation

The correlation between MOAT and SCHX is 0.87, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

MOAT vs. SCHX - Dividend Comparison

MOAT's dividend yield for the trailing twelve months is around 1.46%, more than SCHX's 1.16% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MOAT VanEck Vectors Morningstar Wide Moat ETF	1.46%	1.36%	1.37%	0.86%	1.25%	1.08%	1.46%	1.31%	1.79%	1.07%	1.17%	2.13%
SCHX Schwab U.S. Large-Cap ETF	1.16%	1.09%	1.22%	1.39%	1.64%	1.22%	1.64%	1.82%	2.02%	1.70%	1.92%	2.04%

Drawdowns

MOAT vs. SCHX - Drawdown Comparison

The maximum MOAT drawdown since its inception was -33.31%, roughly equal to the maximum SCHX drawdown of -34.33%. Use the drawdown chart below to compare losses from any high point for MOAT and SCHX.

Drawdown Indicators

	MOAT	SCHX	Difference
Max Drawdown Largest peak-to-trough decline	-33.31%	-34.33%	+1.02%
Max Drawdown (1Y) Largest decline over 1 year	-13.30%	-12.19%	-1.11%
Max Drawdown (5Y) Largest decline over 5 years	-23.96%	-25.41%	+1.45%
Max Drawdown (10Y) Largest decline over 10 years	-33.31%	-34.33%	+1.02%
Current Drawdown Current decline from peak	-10.42%	-5.67%	-4.75%
Average Drawdown Average peak-to-trough decline	-3.80%	-4.00%	+0.20%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.55%	2.62%	+0.93%

Volatility

MOAT vs. SCHX - Volatility Comparison

The current volatility for VanEck Vectors Morningstar Wide Moat ETF (MOAT) is 4.78%, while Schwab U.S. Large-Cap ETF (SCHX) has a volatility of 5.36%. This indicates that MOAT 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

	MOAT	SCHX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.78%	5.36%	-0.58%
Volatility (6M) Calculated over the trailing 6-month period	10.10%	9.67%	+0.43%
Volatility (1Y) Calculated over the trailing 1-year period	19.76%	18.33%	+1.43%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.09%	17.13%	+0.96%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.71%	18.13%	+0.58%