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QUS vs. SCHK
Performance
Return for Risk
Drawdowns
Volatility
Dividends

QUS vs. SCHK

Last updated Aug 4, 2026
Documentation

QUS (State Street SPDR MSCI USA StrategicFactors ETF) and SCHK (Schwab 1000 Index ETF) are both Large Cap Blend Equities funds - QUS tracks the MSCI USA Factor Mix A-Series Capped Index while SCHK tracks the Schwab 1000 Index. Both are passively managed. Over the past 5 years, QUS returned 10.91%/yr vs 12.33%/yr for SCHK. Their correlation of 0.94 means they have usually moved in the same direction. QUS charges 0.15%/yr vs 0.03%/yr for SCHK.

Performance

QUS vs. SCHK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in State Street SPDR MSCI USA StrategicFactors ETF (QUS) and Schwab 1000 Index ETF (SCHK). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, QUS achieves a 10.23% return, which is significantly lower than SCHK's 11.92% return.

QUS

1D
0.83%
1M
1.29%
6M
7.60%
YTD
10.23%
1Y
19.80%
3Y*
17.10%
5Y*
10.91%
10Y*
13.54%
ALL TIME*
12.75%

SCHK

1D
1.42%
1M
1.50%
6M
9.74%
YTD
11.92%
1Y
23.09%
3Y*
20.65%
5Y*
12.33%
10Y*
—
ALL TIME*
14.61%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

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

QUS

State Street SPDR MSCI USA StrategicFactors ETF
$3.01M$4.81M$3.43M

SCHK

Schwab 1000 Index ETF
$27.70M$27.97M$27.91M

QUS vs. SCHK - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
QUS
State Street SPDR MSCI USA StrategicFactors ETF		10.23%14.13%18.99%21.78%-14.15%26.72%12.40%32.45%-3.66%6.16%
SCHK
Schwab 1000 Index ETF		11.92%17.23%24.48%26.63%-19.51%26.17%20.75%31.31%-5.09%5.24%

Correlation

The correlation between QUS and SCHK 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.

0.89

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

0.93

Correlation (All Time)
Calculated using the full available price history since Oct 11, 2017

0.94

The correlation between QUS and SCHK shifts across timeframes, from 0.82 (1 year) to 0.94 (all time), reflecting how their relationship changes across market environments.

QUS vs. SCHK - Sectors Allocation Comparison

Sectors
QUS
SCHK

Technology

28.4%
36.7%

Financial Services

15.7%
11.8%

Healthcare

14.4%
9.2%

Consumer Defensive

8.3%
4.5%

Communication Services

8.2%
9.4%

Industrials

8.1%
9.5%

Consumer Cyclical

5.7%
9.6%

Utilities

3.9%
2.2%

Energy

3.3%
3.1%

Basic Materials

2.2%
1.9%

Real Estate

1.6%
2.2%

Technology

QUS
28.4%
SCHK
36.7%

Financial Services

QUS
15.7%
SCHK
11.8%

Healthcare

QUS
14.4%
SCHK
9.2%

Consumer Defensive

QUS
8.3%
SCHK
4.5%

Communication Services

QUS
8.2%
SCHK
9.4%

Industrials

QUS
8.1%
SCHK
9.5%

Consumer Cyclical

QUS
5.7%
SCHK
9.6%

Utilities

QUS
3.9%
SCHK
2.2%

Energy

QUS
3.3%
SCHK
3.1%

Basic Materials

QUS
2.2%
SCHK
1.9%

Real Estate

QUS
1.6%
SCHK
2.2%

Compare stocks, funds, or ETFs

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

State Street SPDR MSCI USA StrategicFactors ETF

Schwab 1000 Index ETF

Often compared with QUS:
QUS vs. IVVQUS vs. QUALQUS vs. JQUAQUS vs. SPYQUS vs. VOOQUS vs. DGTQUS vs. BERZ
Often compared with SCHK:
SCHK vs. SCHBSCHK vs. SCHXSCHK vs. VOOSCHK vs. SCHGSCHK vs. VTISCHK vs. VONGSCHK vs. SCHD

Return for Risk

QUS vs. SCHK — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.
QUS
QUS Risk / Return Rank: 8585
Overall Rank
QUS Sharpe Ratio Rank: 8787
Sharpe Ratio Rank
QUS Sortino Ratio Rank: 8888
Sortino Ratio Rank
QUS Omega Ratio Rank: 8686
Omega Ratio Rank
QUS Calmar Ratio Rank: 7878
Calmar Ratio Rank
QUS Martin Ratio Rank: 8686
Martin Ratio Rank
SCHK
SCHK Risk / Return Rank: 7676
Overall Rank
SCHK Sharpe Ratio Rank: 7676
Sharpe Ratio Rank
SCHK Sortino Ratio Rank: 7474
Sortino Ratio Rank
SCHK Omega Ratio Rank: 7474
Omega Ratio Rank
SCHK Calmar Ratio Rank: 7272
Calmar Ratio Rank
SCHK Martin Ratio Rank: 8282
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.

QUS vs. SCHK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for State Street SPDR MSCI USA StrategicFactors ETF (QUS) and Schwab 1000 Index ETF (SCHK). 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.

QUSSCHKDifference
Sharpe ratioReturn per unit of total volatility
2.16
1.77

+0.39

Sortino ratioReturn per unit of downside risk
3.05
2.45

+0.60

Omega ratioGain probability vs. loss probability

1.39

1.32

+0.07

Calmar ratioReturn relative to maximum drawdown

2.90

2.59

+0.32

Martin ratioReturn relative to average drawdown

12.95

11.09

+1.86

QUS vs. SCHK - Sharpe Ratio Comparison

The current QUS Sharpe Ratio is 2.16, which is comparable to the SCHK Sharpe Ratio of 1.77. The chart below compares the historical Sharpe Ratios of QUS and SCHK, 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

QUS vs. SCHK - Drawdown Comparison

The maximum QUS drawdown since its inception was -33.78%, roughly equal to the maximum SCHK drawdown of -34.80%. Use the drawdown chart below to compare losses from any high point for QUS and SCHK.

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Drawdown Indicators

QUSSCHKDifference

Max Drawdown

Largest peak-to-trough decline

-33.78%

-34.80%

+1.02%

Max Drawdown (1Y)

Largest decline over 1 year

-6.85%

-8.97%

+2.12%

Max Drawdown (3Y)

Largest decline over 3 years

-13.94%

-19.21%

+5.27%

Max Drawdown (5Y)

Largest decline over 5 years

-22.30%

-25.44%

+3.14%

Max Drawdown (10Y)

Largest decline over 10 years

-33.78%

—

—

Current Drawdown

Current decline from peak

0.00%

0.00%

0.00%

Average Drawdown

Average peak-to-trough decline

-3.66%

-5.11%

+1.45%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.53%

2.09%

-0.56%

Volatility

QUS vs. SCHK - Volatility Comparison

The current volatility for State Street SPDR MSCI USA StrategicFactors ETF (QUS) is 2.42%, while Schwab 1000 Index ETF (SCHK) has a volatility of 3.78%. This indicates that QUS experiences smaller price fluctuations and is considered to be less risky than SCHK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

QUSSCHKDifference

Volatility (1M)

Calculated over the trailing 1-month period

2.42%

3.78%

-1.36%

Volatility (6M)

Calculated over the trailing 6-month period

6.97%

10.36%

-3.39%

Volatility (1Y)

Calculated over the trailing 1-year period

9.22%

13.10%

-3.88%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

14.32%

17.36%

-3.04%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

16.40%

19.05%

-2.65%

QUS vs. SCHK - Expense Ratio Comparison

QUS has a 0.15% expense ratio, which is higher than SCHK's 0.03% 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

QUS vs. SCHK - Dividend Comparison

QUS's dividend yield for the trailing twelve months is around 1.27%, more than SCHK's 1.02% yield.

PositionTTM20252024202320222021202020192018201720162015
QUS
State Street SPDR MSCI USA StrategicFactors ETF		1.27%1.38%1.49%1.57%1.68%1.27%1.73%1.81%2.12%1.86%2.07%1.48%
SCHK
Schwab 1000 Index ETF		1.02%1.09%1.20%1.38%1.57%1.17%1.58%1.82%1.80%0.31%0.00%0.00%

Frequently Asked Questions

QUS and SCHK 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.

SCHK has higher volatility (3.78%) compared to QUS (2.42%). In terms of maximum drawdown, QUS dropped -33.78% vs SCHK's -34.80%.

On 5-year performance, SCHK leads with 12.33% vs 10.91% for QUS. On fees, SCHK is cheaper at 0.03% per year. On volatility, QUS has been the lower-risk option at 2.42%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 5-year period, SCHK has performed better with a 12.33% return vs 10.91%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

SCHK is cheaper with a 0.03% expense ratio, compared with 0.15% for QUS.

QUS has the higher dividend yield at 1.27%, compared with 1.02% for SCHK.

QUS tracks MSCI USA Factor Mix A-Series Capped Index, while SCHK tracks Schwab 1000 Index. They also come from different issuers: State Street and Charles Schwab. Their fees differ too: 0.15% for QUS and 0.03% for SCHK.

QUS currently has the higher Sharpe Ratio (2.16 vs 1.77), 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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