SCHF vs. IXUS

Last updated Jun 3, 2026

SCHF (Schwab International Equity ETF) and IXUS (iShares Core MSCI Total International Stock ETF) are both Foreign Large Cap Equities funds - SCHF tracks the FTSE Developed ex U.S. Index while IXUS tracks the MSCI ACWI ex USA Investable Market Index. Both are passively managed. Over the past 10 years, SCHF returned 10.37%/yr vs 9.89%/yr for IXUS. With a 0.97 correlation, they move nearly in lockstep. SCHF charges 0.06%/yr vs 0.09%/yr for IXUS.

Performance

SCHF vs. IXUS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Schwab International Equity ETF (SCHF) and iShares Core MSCI Total International Stock ETF (IXUS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SCHF achieves a 16.56% return, which is significantly higher than IXUS's 15.68% return. Both investments have delivered pretty close results over the past 10 years, with SCHF having a 10.37% annualized return and IXUS not far behind at 9.89%.

SCHF

• 1D: 0.54%
• 1M: 5.58%
• YTD: 16.56%
• 6M: 20.34%
• 1Y: 32.90%
• 3Y*: 20.25%
• 5Y*: 10.24%
• 10Y*: 10.37%

IXUS

• 1D: 0.82%
• 1M: 5.03%
• YTD: 15.68%
• 6M: 18.71%
• 1Y: 32.90%
• 3Y*: 19.85%
• 5Y*: 8.80%
• 10Y*: 9.89%

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

SCHF vs. IXUS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SCHF Schwab International Equity ETF	16.56%	34.55%	3.28%	18.35%	-14.80%	11.40%	9.48%	22.26%	-14.29%	26.03%
IXUS iShares Core MSCI Total International Stock ETF	15.68%	32.40%	5.19%	15.83%	-16.47%	8.86%	10.80%	21.71%	-14.41%	28.12%

Correlation

The correlation between SCHF and IXUS is 0.98 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.98
Correlation (3Y) Calculated over the trailing 3-year period	0.98
Correlation (5Y) Calculated over the trailing 5-year period	0.98
Correlation (10Y) Calculated over the trailing 10-year period	0.98
Correlation (All Time) Calculated using the full available price history since Oct 25, 2012	0.97

The correlation between SCHF and IXUS has been stable across timeframes, ranging from 0.97 to 0.98 - a consistent structural relationship.

SCHF vs. IXUS - Sectors Allocation Comparison

Sectors	SCHF	IXUS
Financial Services	20.6%	22.4%
Technology	15.7%	18.0%
Industrials	11.5%	15.9%
Basic Materials	6.5%	7.6%
Healthcare	6.5%	7.1%
Consumer Cyclical	5.7%	8.3%
Energy	5.0%	5.2%
Consumer Defensive	4.9%	5.1%
Communication Services	2.3%	4.8%
Real Estate	1.7%	2.5%
Utilities	1.7%	3.2%

Return for Risk

SCHF vs. IXUS — Risk / Return Rank

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

SCHF

SCHF Risk / Return Rank: 62
SCHF Sharpe Ratio Rank: 62
SCHF Sortino Ratio Rank: 61
SCHF Omega Ratio Rank: 61
SCHF Calmar Ratio Rank: 60
SCHF Martin Ratio Rank: 64

IXUS

IXUS Risk / Return Rank: 63
IXUS Sharpe Ratio Rank: 64
IXUS Sortino Ratio Rank: 63
IXUS Omega Ratio Rank: 65
IXUS Calmar Ratio Rank: 60
IXUS Martin Ratio Rank: 65

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.

SCHF vs. IXUS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Schwab International Equity ETF (SCHF) and iShares Core MSCI Total International Stock ETF (IXUS). 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.

	SCHF	IXUS	Difference
Sharpe ratio Return per unit of total volatility	2.10	2.16	-0.05
Sortino ratio Return per unit of downside risk	2.89	2.96	-0.07
Omega ratio Gain probability vs. loss probability	1.38	1.40	-0.02
Calmar ratio Return relative to maximum drawdown	3.00	3.02	-0.02
Martin ratio Return relative to average drawdown	11.70	11.86	-0.15
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SCHF vs. IXUS - Sharpe Ratio Comparison

The current SCHF Sharpe Ratio is 2.10, which is comparable to the IXUS Sharpe Ratio of 2.16. The chart below compares the historical Sharpe Ratios of SCHF and IXUS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	SCHF	IXUS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.10	2.16	-0.05
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.63	0.55	+0.08
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.61	0.58	+0.02
Sharpe Ratio (All Time) Calculated using the full available price history	0.44	0.50	-0.06

Drawdowns

SCHF vs. IXUS - Drawdown Comparison

The maximum SCHF drawdown since its inception was -34.87%, roughly equal to the maximum IXUS drawdown of -36.22%. Use the drawdown chart below to compare losses from any high point for SCHF and IXUS.

Drawdown Indicators

	SCHF	IXUS	Difference
Max Drawdown Largest peak-to-trough decline	-34.87%	-36.22%	+1.35%
Max Drawdown (1Y) Largest decline over 1 year	-11.48%	-11.36%	-0.12%
Max Drawdown (3Y) Largest decline over 3 years	-13.41%	-13.75%	+0.34%
Max Drawdown (5Y) Largest decline over 5 years	-29.14%	-30.04%	+0.90%
Max Drawdown (10Y) Largest decline over 10 years	-34.87%	-36.22%	+1.35%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-7.38%	-7.51%	+0.13%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.95%	2.90%	+0.05%

Volatility

SCHF vs. IXUS - Volatility Comparison

Schwab International Equity ETF (SCHF) and iShares Core MSCI Total International Stock ETF (IXUS) have volatilities of 5.73% and 5.62%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SCHF	IXUS	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.73%	5.62%	+0.11%
Volatility (6M) Calculated over the trailing 6-month period	13.32%	13.12%	+0.20%
Volatility (1Y) Calculated over the trailing 1-year period	15.75%	15.36%	+0.39%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.38%	16.21%	+0.17%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.19%	17.07%	+0.12%

SCHF vs. IXUS - Expense Ratio Comparison

SCHF has a 0.06% expense ratio, which is lower than IXUS's 0.09% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

SCHF vs. IXUS - Dividend Comparison

SCHF's dividend yield for the trailing twelve months is around 2.93%, more than IXUS's 2.80% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IXUS iShares Core MSCI Total International Stock ETF	2.80%	3.24%	3.33%	3.13%	2.48%	3.12%	1.85%	3.09%	3.00%	2.41%	2.58%	2.81%
SCHF Schwab International Equity ETF	2.93%	3.42%	3.26%	2.97%	2.80%	3.19%	2.08%	2.95%	3.06%	2.35%	2.58%	2.26%

Frequently Asked Questions

Can I hold both SCHF and IXUS in my portfolio?

With a correlation of 0.98, SCHF and IXUS 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.

Which is riskier, SCHF or IXUS?

SCHF has higher volatility (5.73%) compared to IXUS (5.62%). In terms of maximum drawdown, SCHF dropped -34.87% vs IXUS's -36.22%.

Which ETF is better, SCHF or IXUS?

On 10-year performance, SCHF leads with 10.37% vs 9.89% for IXUS. On fees, SCHF is cheaper at 0.06% per year. On volatility, IXUS has been the lower-risk option at 5.62%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SCHF or IXUS?

Over the 10-year period, SCHF has performed better with a 10.37% return vs 9.89%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SCHF or IXUS?

SCHF is cheaper with a 0.06% expense ratio, compared with 0.09% for IXUS.

Which ETF pays a higher dividend yield, SCHF or IXUS?

SCHF has the higher dividend yield at 2.93%, compared with 2.80% for IXUS.

What is the main difference between SCHF and IXUS?

SCHF tracks FTSE Developed ex U.S. Index, while IXUS tracks MSCI ACWI ex USA Investable Market Index. They also come from different issuers: Charles Schwab and iShares. Their fees differ too: 0.06% for SCHF and 0.09% for IXUS.

Which has better risk-adjusted returns?

IXUS currently has the higher Sharpe Ratio (2.16 vs 2.10), 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.