SCHB vs. VOO
Compare and contrast key facts about Schwab U.S. Broad Market ETF (SCHB) and Vanguard S&P 500 ETF (VOO).
SCHB and VOO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SCHB is a passively managed fund by Charles Schwab that tracks the performance of the Dow Jones U.S. Broad Stock Market Total Return Index. It was launched on Nov 3, 2009. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010. Both SCHB and VOO 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: SCHB or VOO.
Correlation
The correlation between SCHB and VOO is 0.99, 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
SCHB vs. VOO - Performance Comparison
Key characteristics
SCHB:
1.92
VOO:
2.04
SCHB:
2.57
VOO:
2.72
SCHB:
1.36
VOO:
1.38
SCHB:
2.90
VOO:
3.02
SCHB:
12.52
VOO:
13.60
SCHB:
1.97%
VOO:
1.88%
SCHB:
12.86%
VOO:
12.52%
SCHB:
-35.27%
VOO:
-33.99%
SCHB:
-4.09%
VOO:
-3.52%
Returns By Period
The year-to-date returns for both investments are quite close, with SCHB having a 23.65% return and VOO slightly higher at 24.65%. Both investments have delivered pretty close results over the past 10 years, with SCHB having a 12.48% annualized return and VOO not far ahead at 13.02%.
SCHB
23.65%
-0.48%
8.41%
23.83%
13.91%
12.48%
VOO
24.65%
-0.29%
7.63%
24.77%
14.57%
13.02%
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SCHB vs. VOO - Expense Ratio Comparison
Both SCHB and VOO have an expense ratio of 0.03%, 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
SCHB vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab U.S. Broad Market ETF (SCHB) and Vanguard S&P 500 ETF (VOO). 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
SCHB vs. VOO - Dividend Comparison
SCHB's dividend yield for the trailing twelve months is around 1.24%, less than VOO's 1.26% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SCHB Schwab U.S. Broad Market ETF | 1.24% | 1.40% | 1.61% | 1.21% | 1.63% | 1.80% | 2.13% | 1.65% | 1.86% | 2.00% | 1.72% | 1.63% |
VOO Vanguard S&P 500 ETF | 0.92% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
SCHB vs. VOO - Drawdown Comparison
The maximum SCHB drawdown since its inception was -35.27%, roughly equal to the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for SCHB and VOO. For additional features, visit the drawdowns tool.
Volatility
SCHB vs. VOO - Volatility Comparison
Schwab U.S. Broad Market ETF (SCHB) has a higher volatility of 3.91% compared to Vanguard S&P 500 ETF (VOO) at 3.58%. This indicates that SCHB's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.