SCHA vs. CVSM

Last updated Jul 14, 2026

SCHA (Schwab U.S. Small-Cap ETF) and CVSM (CresAlta Small & Mid-Cap ETF) are both Small Cap Blend Equities funds. SCHA is passively managed, while CVSM is actively managed. At a 0.47 correlation, their price movements are largely independent. SCHA charges 0.04%/yr vs 0.55%/yr for CVSM.

Performance

SCHA vs. CVSM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Schwab U.S. Small-Cap ETF (SCHA) and CresAlta Small & Mid-Cap ETF (CVSM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

SCHA

• 1D: -1.69%
• 1M: -1.21%
• 6M: 14.27%
• YTD: 21.01%
• 1Y: 33.94%
• 3Y*: 16.83%
• 5Y*: 8.06%
• 10Y*: 10.88%

CVSM

• 1D: 0.17%
• 1M: -1.46%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SCHA vs. CVSM - Yearly Performance Comparison

	2026 (YTD)
SCHA Schwab U.S. Small-Cap ETF	5.65%
CVSM CresAlta Small & Mid-Cap ETF	3.14%

Correlation

The correlation between SCHA and CVSM is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 18, 2026	0.47

Return for Risk

SCHA vs. CVSM — Risk / Return Rank

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

SCHA

SCHA Risk / Return Rank: 74
SCHA Sharpe Ratio Rank: 70
SCHA Sortino Ratio Rank: 71
SCHA Omega Ratio Rank: 63
SCHA Calmar Ratio Rank: 83
SCHA Martin Ratio Rank: 82

CVSM

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

SCHA vs. CVSM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Schwab U.S. Small-Cap ETF (SCHA) and CresAlta Small & Mid-Cap ETF (CVSM). 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.

	SCHA	CVSM	Difference
Sharpe ratio: Return per unit of total volatility	1.79	—	—
Sortino ratio: Return per unit of downside risk	2.56	—	—
Omega ratio: Gain probability vs. loss probability	1.30	—	—
Calmar ratio: Return relative to maximum drawdown	3.59	—	—
Martin ratio: Return relative to average drawdown	12.73	—	—

Drawdowns

SCHA vs. CVSM - Drawdown Comparison

The maximum SCHA drawdown since its inception was -42.41%, which is greater than CVSM's maximum drawdown of -3.36%. Use the drawdown chart below to compare losses from any high point for SCHA and CVSM.

Drawdown Indicators

	SCHA	CVSM	Difference
Max Drawdown Largest peak-to-trough decline	-42.41%	-3.36%	-39.05%
Max Drawdown (1Y) Largest decline over 1 year	-9.50%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-27.29%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-30.79%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-42.41%	—	—
Current Drawdown Current decline from peak	-5.01%	-1.46%	-3.55%
Average Drawdown Average peak-to-trough decline	-7.54%	-1.01%	-6.53%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.67%	—	—

Volatility

Volatility by Period

	SCHA	CVSM	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.97%	—	—
Volatility (6M) Calculated over the trailing 6-month period	14.39%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	19.07%	11.19%	+7.88%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.09%	11.19%	+10.90%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.74%	11.19%	+11.55%

SCHA vs. CVSM - Expense Ratio Comparison

SCHA has a 0.04% expense ratio, which is lower than CVSM's 0.55% expense ratio.

Dividends

SCHA vs. CVSM - Dividend Comparison

SCHA's dividend yield for the trailing twelve months is around 1.04%, more than CVSM's 0.23% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CVSM CresAlta Small & Mid-Cap ETF	0.23%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SCHA Schwab U.S. Small-Cap ETF	1.04%	1.26%	1.51%	1.42%	1.37%	1.19%	1.05%	1.39%	1.58%	1.24%	1.50%	1.48%

Frequently Asked Questions

Can I hold both SCHA and CVSM in my portfolio?

SCHA and CVSM have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SCHA or CVSM?

On fees, SCHA is cheaper at 0.04% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SCHA or CVSM?

SCHA is cheaper with a 0.04% expense ratio, compared with 0.55% for CVSM.

Which ETF pays a higher dividend yield, SCHA or CVSM?

SCHA has the higher dividend yield at 1.04%, compared with 0.23% for CVSM.

What is the main difference between SCHA and CVSM?

They also come from different issuers: Charles Schwab and CresAlta. Their fees differ too: 0.04% for SCHA and 0.55% for CVSM.