SCHE vs. VEXC
SCHE (Schwab Emerging Markets Equity ETF) and VEXC (Vanguard Emerging Markets Ex-China ETF) are both Emerging Markets Equities funds - SCHE tracks the FTSE Emerging Index while VEXC tracks the FTSE Emerging ex China Index. Both are passively managed. Their 0.95 correlation means they have historically moved very closely together. SCHE charges 0.11%/yr vs 0.07%/yr for VEXC.
Performance
SCHE vs. VEXC - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SCHE achieves a 10.15% return, which is significantly lower than VEXC's 17.29% return.
SCHE
- 1D
- 0.87%
- 1M
- 0.50%
- 6M
- 4.90%
- YTD
- 10.15%
- 1Y
- 22.24%
- 3Y*
- 15.34%
- 5Y*
- 6.23%
- 10Y*
- 7.97%
- ALL TIME*
- 4.92%
VEXC
- 1D
- 1.25%
- 1M
- -2.53%
- 6M
- 11.04%
- YTD
- 17.29%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $121.98M | $115.93M | $116.46M | |
| $2.10M | $2.14M | $2.87M |
SCHE vs. VEXC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
SCHE Schwab Emerging Markets Equity ETF | 10.15% | 0.24% |
VEXC Vanguard Emerging Markets Ex-China ETF | 17.29% | 4.50% |
Correlation
The correlation between SCHE and VEXC is 0.95 - they have historically moved very closely together. At this level, their price movements offset little of one another.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Oct 2, 2025 | 0.95 |
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
SCHE vs. VEXC — Risk / Return Rank
SCHE
VEXC
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
SCHE vs. VEXC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab Emerging Markets Equity ETF (SCHE) and Vanguard Emerging Markets Ex-China ETF (VEXC). 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 | VEXC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.23 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 1.94 | — | — |
| Martin ratioReturn relative to average drawdown | 6.43 | — | — |
Loading charts...
Drawdowns
SCHE vs. VEXC - Drawdown Comparison
The maximum SCHE drawdown since its inception was -36.20%, which is greater than VEXC's maximum drawdown of -12.42%. Use the drawdown chart below to compare losses from any high point for SCHE and VEXC.
Loading charts...
Drawdown Indicators
| SCHE | VEXC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.20% | -12.42% | -23.78% |
Max Drawdown (1Y)Largest decline over 1 year | -11.29% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -17.08% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -31.38% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -36.20% | — | — |
Current DrawdownCurrent decline from peak | -3.13% | -6.04% | +2.91% |
Average DrawdownAverage peak-to-trough decline | -12.51% | -2.61% | -9.90% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.40% | — | — |
Volatility
SCHE vs. VEXC - Volatility Comparison
Loading charts...
Volatility by Period
| SCHE | VEXC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.70% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 15.60% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 17.99% | 20.44% | -2.45% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.87% | 20.44% | -2.57% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.44% | 20.44% | -1.00% |
SCHE vs. VEXC - Expense Ratio Comparison
SCHE has a 0.11% expense ratio, which is higher than VEXC's 0.07% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
SCHE vs. VEXC - Dividend Comparison
SCHE's dividend yield for the trailing twelve months is around 2.64%, more than VEXC's 1.47% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SCHE Schwab Emerging Markets Equity ETF | 2.64% | 2.88% | 3.03% | 3.83% | 2.88% | 2.86% | 2.09% | 3.27% | 2.64% | 2.31% | 2.27% | 2.50% |
VEXC Vanguard Emerging Markets Ex-China ETF | 1.47% | 0.43% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
With a correlation of 0.95, SCHE and VEXC move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
On fees, VEXC is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.
VEXC is cheaper with a 0.07% expense ratio, compared with 0.11% for SCHE.
SCHE has the higher dividend yield at 2.64%, compared with 1.47% for VEXC.
SCHE tracks FTSE Emerging Index, while VEXC tracks FTSE Emerging ex China Index. They also come from different issuers: Charles Schwab and Vanguard. Their fees differ too: 0.11% for SCHE and 0.07% for VEXC.
Find the right allocation for SCHE and VEXC
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