MODL vs. SCHX

Last updated Apr 1, 2026

Compare and contrast key facts about Victoryshares Westend U.S. Sector ETF (MODL) and Schwab U.S. Large-Cap ETF (SCHX).

MODL and SCHX are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. MODL is an actively managed fund by Victory. It was launched on Oct 11, 2022. 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.

Performance

MODL vs. SCHX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Victoryshares Westend U.S. Sector ETF (MODL) and Schwab U.S. Large-Cap ETF (SCHX). The values are adjusted to include any dividend payments, if applicable.

MODL vs. SCHX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
MODL Victoryshares Westend U.S. Sector ETF	-5.81%	18.99%	24.73%	23.74%	7.13%
SCHX Schwab U.S. Large-Cap ETF	-4.45%	17.46%	24.88%	26.84%	7.35%

Returns By Period

In the year-to-date period, MODL achieves a -5.81% return, which is significantly lower than SCHX's -4.45% return.

MODL

• 1D: 2.63%
• 1M: -5.37%
• YTD: -5.81%
• 6M: -2.92%
• 1Y: 16.01%
• 3Y*: 16.98%
• 5Y*: —
• 10Y*: —

SCHX

• 1D: 2.89%
• 1M: -4.98%
• YTD: -4.45%
• 6M: -2.09%
• 1Y: 17.48%
• 3Y*: 18.24%
• 5Y*: 11.12%
• 10Y*: 13.93%

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

MODL vs. SCHX - Expense Ratio Comparison

MODL has a 0.46% expense ratio, which is higher than SCHX's 0.03% expense ratio.

MODL

Victoryshares Westend U.S. Sector ETF

SCHX

Schwab U.S. Large-Cap ETF

Return for Risk

MODL vs. SCHX — Risk / Return Rank

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

MODL

MODL Risk / Return Rank: 58
MODL Sharpe Ratio Rank: 53
MODL Sortino Ratio Rank: 56
MODL Omega Ratio Rank: 58
MODL Calmar Ratio Rank: 60
MODL Martin Ratio Rank: 65

SCHX

SCHX Risk / Return Rank: 64
SCHX Sharpe Ratio Rank: 58
SCHX Sortino Ratio Rank: 61
SCHX Omega Ratio Rank: 64
SCHX Calmar Ratio Rank: 63
SCHX Martin Ratio Rank: 73

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.

MODL vs. SCHX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Victoryshares Westend U.S. Sector ETF (MODL) 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.

	MODL	SCHX	Difference
Sharpe ratio Return per unit of total volatility	0.95	0.96	-0.01
Sortino ratio Return per unit of downside risk	1.46	1.46	0.00
Omega ratio Gain probability vs. loss probability	1.22	1.22	0.00
Calmar ratio Return relative to maximum drawdown	1.52	1.49	+0.04
Martin ratio Return relative to average drawdown	6.60	6.98	-0.38
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MODL vs. SCHX - Sharpe Ratio Comparison

The current MODL Sharpe Ratio is 0.95, which is comparable to the SCHX Sharpe Ratio of 0.96. The chart below compares the historical Sharpe Ratios of MODL 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

	MODL	SCHX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.95	0.96	-0.01
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.65	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.77	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.33	0.80	+0.53

Correlation

The correlation between MODL and SCHX is 0.96, 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

MODL vs. SCHX - Dividend Comparison

MODL's dividend yield for the trailing twelve months is around 0.76%, less than SCHX's 1.17% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MODL Victoryshares Westend U.S. Sector ETF	0.76%	0.67%	0.83%	1.02%	0.39%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SCHX Schwab U.S. Large-Cap ETF	1.17%	1.09%	1.22%	1.39%	1.64%	1.22%	1.64%	1.82%	2.02%	1.70%	1.92%	2.04%

Drawdowns

MODL vs. SCHX - Drawdown Comparison

The maximum MODL drawdown since its inception was -17.60%, smaller than the maximum SCHX drawdown of -34.33%. Use the drawdown chart below to compare losses from any high point for MODL and SCHX.

Drawdown Indicators

	MODL	SCHX	Difference
Max Drawdown Largest peak-to-trough decline	-17.60%	-34.33%	+16.73%
Max Drawdown (1Y) Largest decline over 1 year	-10.88%	-12.19%	+1.31%
Max Drawdown (5Y) Largest decline over 5 years	—	-25.41%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-34.33%	—
Current Drawdown Current decline from peak	-7.03%	-6.40%	-0.63%
Average Drawdown Average peak-to-trough decline	-2.09%	-4.00%	+1.91%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.51%	2.60%	-0.09%

Volatility

MODL vs. SCHX - Volatility Comparison

The current volatility for Victoryshares Westend U.S. Sector ETF (MODL) is 4.86%, while Schwab U.S. Large-Cap ETF (SCHX) has a volatility of 5.31%. This indicates that MODL 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

	MODL	SCHX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.86%	5.31%	-0.45%
Volatility (6M) Calculated over the trailing 6-month period	8.66%	9.64%	-0.98%
Volatility (1Y) Calculated over the trailing 1-year period	17.01%	18.33%	-1.32%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.73%	17.14%	-2.41%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.73%	18.13%	-3.40%