RAAX vs. SCHG
RAAX (VanEck Inflation Allocation ETF) and SCHG (Schwab U.S. Large-Cap Growth ETF) are both exchange-traded funds - RAAX is a Diversified Portfolio fund actively managed by VanEck, while SCHG is a Large Cap Growth Equities fund tracking the Dow Jones U.S. Large-Cap Growth Total Stock Market Index. RAAX is actively managed, while SCHG is passively managed. Over the past 5 years, RAAX returned 13.26%/yr vs 14.85%/yr for SCHG. At a 0.37 correlation, their price movements are largely independent. RAAX charges 0.78%/yr vs 0.04%/yr for SCHG.
Performance
RAAX vs. SCHG - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, RAAX achieves a 16.55% return, which is significantly higher than SCHG's 5.03% return.
RAAX
- 1D
- -0.92%
- 1M
- -2.75%
- YTD
- 16.55%
- 6M
- 16.67%
- 1Y
- 30.86%
- 3Y*
- 20.30%
- 5Y*
- 13.26%
- 10Y*
- —
SCHG
- 1D
- 2.39%
- 1M
- -0.12%
- YTD
- 5.03%
- 6M
- 5.98%
- 1Y
- 23.20%
- 3Y*
- 23.27%
- 5Y*
- 14.85%
- 10Y*
- 18.85%
RAAX vs. SCHG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
RAAX VanEck Inflation Allocation ETF | 16.55% | 26.74% | 12.50% | 6.71% | 1.51% | 21.56% | -8.27% | 6.14% | -2.41% |
SCHG Schwab U.S. Large-Cap Growth ETF | 5.03% | 17.50% | 34.95% | 50.10% | -31.80% | 28.11% | 39.14% | 36.02% | -1.60% |
Correlation
The correlation between RAAX and SCHG is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.16 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.23 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.36 |
Correlation (All Time) Calculated using the full available price history since Apr 10, 2018 | 0.37 |
Over the past year, the correlation between RAAX and SCHG has dropped to 0.16 - well below their long-term average of 0.37, suggesting their price drivers have been diverging.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
RAAX vs. SCHG — Risk / Return Rank
RAAX
SCHG
RAAX vs. SCHG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Inflation Allocation ETF (RAAX) 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.
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.
| RAAX | SCHG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.73 | ||
| Sortino ratioReturn per unit of downside risk | +0.90 | ||
| Omega ratioGain probability vs. loss probability | 1.40 | 1.26 | +0.14 |
| Calmar ratioReturn relative to maximum drawdown | 4.33 | 1.42 | +2.91 |
| Martin ratioReturn relative to average drawdown | 15.50 | 4.68 | +10.82 |
Loading charts...
Drawdowns
RAAX vs. SCHG - Drawdown Comparison
The maximum RAAX drawdown since its inception was -33.91%, roughly equal to the maximum SCHG drawdown of -34.59%. Use the drawdown chart below to compare losses from any high point for RAAX and SCHG.
Loading charts...
Drawdown Indicators
| RAAX | SCHG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.91% | -34.59% | +0.68% |
Max Drawdown (1Y)Largest decline over 1 year | -7.17% | -16.41% | +9.24% |
Max Drawdown (3Y)Largest decline over 3 years | -11.59% | -23.39% | +11.80% |
Max Drawdown (5Y)Largest decline over 5 years | -23.55% | -34.59% | +11.04% |
Max Drawdown (10Y)Largest decline over 10 years | — | -34.59% | — |
Current DrawdownCurrent decline from peak | -4.66% | -3.06% | -1.60% |
Average DrawdownAverage peak-to-trough decline | -6.77% | -5.20% | -1.57% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.00% | 4.97% | -2.97% |
Volatility
RAAX vs. SCHG - Volatility Comparison
The current volatility for VanEck Inflation Allocation ETF (RAAX) is 4.71%, while Schwab U.S. Large-Cap Growth ETF (SCHG) has a volatility of 5.59%. This indicates that RAAX 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.
Loading charts...
Volatility by Period
| RAAX | SCHG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.71% | 5.59% | -0.88% |
Volatility (6M)Calculated over the trailing 6-month period | 12.23% | 12.52% | -0.29% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.21% | 16.09% | -1.88% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.71% | 22.35% | -6.64% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.79% | 21.60% | -5.81% |
RAAX vs. SCHG - Expense Ratio Comparison
RAAX has a 0.78% expense ratio, which is higher than SCHG's 0.04% expense ratio.
Dividends
RAAX vs. SCHG - Dividend Comparison
RAAX's dividend yield for the trailing twelve months is around 2.01%, more than SCHG's 0.37% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RAAX VanEck Inflation Allocation ETF | 2.01% | 2.34% | 1.91% | 3.66% | 1.53% | 8.72% | 6.27% | 2.37% | 0.56% | 0.00% | 0.00% | 0.00% |
SCHG Schwab U.S. Large-Cap Growth ETF | 0.37% | 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
RAAX and SCHG have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SCHG has higher volatility (5.59%) compared to RAAX (4.71%). In terms of maximum drawdown, RAAX dropped -33.91% vs SCHG's -34.59%.
On 5-year performance, SCHG leads with 14.85% vs 13.26% for RAAX. On fees, SCHG is cheaper at 0.04% per year. On volatility, RAAX has been the lower-risk option at 4.71%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, SCHG has performed better with a 14.85% return vs 13.26%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
SCHG is cheaper with a 0.04% expense ratio, compared with 0.78% for RAAX.
RAAX has the higher dividend yield at 2.01%, compared with 0.37% for SCHG.
RAAX is categorized as Diversified Portfolio, while SCHG is Large Cap Growth Equities. They also come from different issuers: VanEck and Charles Schwab. Their fees differ too: 0.78% for RAAX and 0.04% for SCHG.
RAAX currently has the higher Sharpe Ratio (2.19 vs 1.45), 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.
Find the right allocation for RAAX and SCHG
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer