OEF vs. SCHG
Compare and contrast key facts about iShares S&P 100 ETF (OEF) and Schwab U.S. Large-Cap Growth ETF (SCHG).
OEF and SCHG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. OEF is a passively managed fund by iShares that tracks the performance of the S&P 100 Index. It was launched on Oct 23, 2000. SCHG is a passively managed fund by Charles Schwab that tracks the performance of the Dow Jones U.S. Large-Cap Growth Total Stock Market Total Return Index. It was launched on Dec 11, 2009. Both OEF and SCHG are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: OEF or SCHG.
Performance
OEF vs. SCHG - Performance Comparison
Returns By Period
In the year-to-date period, OEF achieves a 28.55% return, which is significantly lower than SCHG's 30.50% return. Over the past 10 years, OEF has underperformed SCHG with an annualized return of 13.96%, while SCHG has yielded a comparatively higher 16.38% annualized return.
OEF
28.55%
0.95%
13.29%
34.89%
17.19%
13.96%
SCHG
30.50%
2.16%
14.17%
37.63%
19.96%
16.38%
Key characteristics
| OEF | SCHG | |
|---|---|---|
| Sharpe Ratio | 2.63 | 2.24 |
| Sortino Ratio | 3.48 | 2.93 |
| Omega Ratio | 1.49 | 1.41 |
| Calmar Ratio | 3.58 | 3.08 |
| Martin Ratio | 15.88 | 12.26 |
| Ulcer Index | 2.19% | 3.11% |
| Daily Std Dev | 13.27% | 17.00% |
| Max Drawdown | -54.11% | -34.59% |
| Current Drawdown | -1.78% | -3.02% |
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OEF vs. SCHG - Expense Ratio Comparison
OEF has a 0.20% expense ratio, which is higher than SCHG's 0.04% 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%.
Correlation
The correlation between OEF and SCHG is 0.95, 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.
Risk-Adjusted Performance
OEF vs. SCHG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares S&P 100 ETF (OEF) 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.
Dividends
OEF vs. SCHG - Dividend Comparison
OEF's dividend yield for the trailing twelve months is around 1.01%, more than SCHG's 0.41% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
OEF iShares S&P 100 ETF | 1.01% | 1.19% | 1.55% | 1.06% | 1.43% | 1.87% | 2.09% | 1.81% | 2.07% | 2.11% | 1.85% | 1.96% |
SCHG Schwab U.S. Large-Cap Growth ETF | 0.41% | 0.46% | 0.55% | 0.42% | 0.52% | 0.82% | 1.27% | 1.01% | 1.04% | 1.22% | 1.09% | 1.07% |
Drawdowns
OEF vs. SCHG - Drawdown Comparison
The maximum OEF drawdown since its inception was -54.11%, which is greater than SCHG's maximum drawdown of -34.59%. Use the drawdown chart below to compare losses from any high point for OEF and SCHG. For additional features, visit the drawdowns tool.
Volatility
OEF vs. SCHG - Volatility Comparison
The current volatility for iShares S&P 100 ETF (OEF) is 4.54%, while Schwab U.S. Large-Cap Growth ETF (SCHG) has a volatility of 5.71%. This indicates that OEF experiences smaller price fluctuations and is considered to be less risky than SCHG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.