SCHE vs. SIVR
SCHE (Schwab Emerging Markets Equity ETF) and SIVR (abrdn Physical Silver Shares ETF) are both exchange-traded funds - SCHE is a Emerging Markets Equities fund tracking the FTSE Emerging Index, while SIVR is a Silver fund tracking the LBMA Silver Price ($/ozt). Both are passively managed. Over the past 10 years, SCHE returned 9.02%/yr vs 14.22%/yr for SIVR. At a 0.33 correlation, their price movements are largely independent. SCHE charges 0.11%/yr vs 0.30%/yr for SIVR.
Performance
SCHE vs. SIVR - Performance Comparison
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Returns By Period
In the year-to-date period, SCHE achieves a 10.50% return, which is significantly higher than SIVR's -4.75% return. Over the past 10 years, SCHE has underperformed SIVR with an annualized return of 9.02%, while SIVR has yielded a comparatively higher 14.22% annualized return.
SCHE
- 1D
- 0.84%
- 1M
- -0.58%
- YTD
- 10.50%
- 6M
- 12.18%
- 1Y
- 26.49%
- 3Y*
- 16.79%
- 5Y*
- 4.83%
- 10Y*
- 9.02%
SIVR
- 1D
- 0.78%
- 1M
- -18.81%
- YTD
- -4.75%
- 6M
- 9.46%
- 1Y
- 86.32%
- 3Y*
- 41.59%
- 5Y*
- 19.07%
- 10Y*
- 14.22%
SCHE vs. SIVR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SCHE Schwab Emerging Markets Equity ETF | 10.50% | 26.54% | 10.60% | 8.93% | -17.84% | -0.65% | 14.49% | 20.31% | -13.57% | 32.70% |
SIVR abrdn Physical Silver Shares ETF | -4.75% | 145.34% | 21.08% | -0.91% | 2.59% | -12.33% | 47.52% | 15.17% | -8.96% | 5.97% |
Correlation
The correlation between SCHE and SIVR is 0.44, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.44 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.45 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.42 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.34 |
Correlation (All Time) Calculated using the full available price history since Jan 14, 2010 | 0.33 |
The correlation between SCHE and SIVR shifts across timeframes, from 0.33 (all time) to 0.45 (3 years), reflecting how their relationship changes across market environments.
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Return for Risk
SCHE vs. SIVR — Risk / Return Rank
SCHE
SIVR
SCHE vs. SIVR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab Emerging Markets Equity ETF (SCHE) and abrdn Physical Silver Shares ETF (SIVR). 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.
| SCHE | SIVR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.01 | ||
| Sortino ratioReturn per unit of downside risk | +0.28 | ||
| Omega ratioGain probability vs. loss probability | 1.27 | 1.29 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 2.18 | 1.90 | +0.28 |
| Martin ratioReturn relative to average drawdown | 7.70 | 4.12 | +3.57 |
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Drawdowns
SCHE vs. SIVR - Drawdown Comparison
The maximum SCHE drawdown since its inception was -36.20%, smaller than the maximum SIVR drawdown of -75.85%. Use the drawdown chart below to compare losses from any high point for SCHE and SIVR.
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Drawdown Indicators
| SCHE | SIVR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.20% | -75.85% | +39.65% |
Max Drawdown (1Y)Largest decline over 1 year | -11.29% | -45.33% | +34.04% |
Max Drawdown (3Y)Largest decline over 3 years | -17.08% | -45.33% | +28.25% |
Max Drawdown (5Y)Largest decline over 5 years | -33.31% | -45.33% | +12.02% |
Max Drawdown (10Y)Largest decline over 10 years | -36.20% | -45.33% | +9.13% |
Current DrawdownCurrent decline from peak | -2.66% | -41.89% | +39.23% |
Average DrawdownAverage peak-to-trough decline | -12.58% | -47.83% | +35.25% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.20% | 20.85% | -17.65% |
Volatility
SCHE vs. SIVR - Volatility Comparison
The current volatility for Schwab Emerging Markets Equity ETF (SCHE) is 6.91%, while abrdn Physical Silver Shares ETF (SIVR) has a volatility of 16.37%. This indicates that SCHE experiences smaller price fluctuations and is considered to be less risky than SIVR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SCHE | SIVR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.91% | 16.37% | -9.46% |
Volatility (6M)Calculated over the trailing 6-month period | 14.48% | 59.11% | -44.63% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.97% | 59.76% | -42.79% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.79% | 36.48% | -18.69% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.49% | 32.03% | -12.54% |
SCHE vs. SIVR - Expense Ratio Comparison
SCHE has a 0.11% expense ratio, which is lower than SIVR's 0.30% expense ratio.
Dividends
SCHE vs. SIVR - Dividend Comparison
SCHE's dividend yield for the trailing twelve months is around 2.61%, while SIVR has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SCHE Schwab Emerging Markets Equity ETF | 2.61% | 2.88% | 3.03% | 3.83% | 2.88% | 2.86% | 2.09% | 3.27% | 2.64% | 2.31% | 2.27% | 2.50% |
SIVR abrdn Physical Silver Shares ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
SCHE and SIVR have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SIVR has higher volatility (16.37%) compared to SCHE (6.91%). In terms of maximum drawdown, SCHE dropped -36.20% vs SIVR's -75.85%.
On 10-year performance, SIVR leads with 14.22% vs 9.02% for SCHE. On fees, SCHE is cheaper at 0.11% per year. On volatility, SCHE has been the lower-risk option at 6.91%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, SIVR has performed better with a 14.22% return vs 9.02%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
SCHE is cheaper with a 0.11% expense ratio, compared with 0.30% for SIVR.
SCHE has the higher dividend yield at 2.61%, compared with 0.00% for SIVR.
SCHE is categorized as Emerging Markets Equities, while SIVR is Silver. SCHE tracks FTSE Emerging Index, while SIVR tracks LBMA Silver Price ($/ozt). They also come from different issuers: Charles Schwab and abrdn. Their fees differ too: 0.11% for SCHE and 0.30% for SIVR.
SCHE currently has the higher Sharpe Ratio (1.45 vs 1.44), 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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