SCHA vs. SCHV
Compare and contrast key facts about Schwab U.S. Small-Cap ETF (SCHA) and Schwab U.S. Large-Cap Value ETF (SCHV).
SCHA and SCHV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SCHA is a passively managed fund by Charles Schwab that tracks the performance of the Dow Jones U.S. Small-Cap Total Stock Market Total Return Index. It was launched on Nov 3, 2009. SCHV is a passively managed fund by Charles Schwab that tracks the performance of the Dow Jones U.S. Large-Cap Value Total Stock Market Index. It was launched on Dec 11, 2009. Both SCHA and SCHV 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: SCHA or SCHV.
Key characteristics
| SCHA | SCHV | |
|---|---|---|
| YTD Return | -1.15% | 4.88% |
| 1Y Return | 15.91% | 14.08% |
| 3Y Return (Ann) | -2.25% | 5.16% |
| 5Y Return (Ann) | 6.64% | 8.34% |
| 10Y Return (Ann) | 7.57% | 8.75% |
| Sharpe Ratio | 0.93 | 1.42 |
| Daily Std Dev | 18.77% | 10.90% |
| Max Drawdown | -42.41% | -37.08% |
| Current Drawdown | -12.28% | -3.75% |
Correlation
The correlation between SCHA and SCHV is 0.86, 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.
Performance
SCHA vs. SCHV - Performance Comparison
In the year-to-date period, SCHA achieves a -1.15% return, which is significantly lower than SCHV's 4.88% return. Over the past 10 years, SCHA has underperformed SCHV with an annualized return of 7.57%, while SCHV has yielded a comparatively higher 8.75% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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SCHA vs. SCHV - Expense Ratio Comparison
Both SCHA and SCHV have an expense ratio of 0.04%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Risk-Adjusted Performance
SCHA vs. SCHV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab U.S. Small-Cap ETF (SCHA) and Schwab U.S. Large-Cap Value ETF (SCHV). 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
SCHA vs. SCHV - Dividend Comparison
SCHA's dividend yield for the trailing twelve months is around 1.38%, less than SCHV's 2.32% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SCHA Schwab U.S. Small-Cap ETF | 1.38% | 1.42% | 1.37% | 1.19% | 1.05% | 1.39% | 1.62% | 1.24% | 1.50% | 1.48% | 1.45% | 1.14% |
SCHV Schwab U.S. Large-Cap Value ETF | 2.32% | 2.42% | 2.37% | 1.93% | 3.03% | 3.02% | 3.05% | 2.37% | 2.65% | 2.69% | 2.38% | 2.18% |
Drawdowns
SCHA vs. SCHV - Drawdown Comparison
The maximum SCHA drawdown since its inception was -42.41%, which is greater than SCHV's maximum drawdown of -37.08%. Use the drawdown chart below to compare losses from any high point for SCHA and SCHV. For additional features, visit the drawdowns tool.
Volatility
SCHA vs. SCHV - Volatility Comparison
Schwab U.S. Small-Cap ETF (SCHA) has a higher volatility of 4.97% compared to Schwab U.S. Large-Cap Value ETF (SCHV) at 2.95%. This indicates that SCHA's price experiences larger fluctuations and is considered to be riskier than SCHV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.