SCHG vs. CRS

Last updated Jun 9, 2026

SCHG (Schwab U.S. Large-Cap Growth ETF) is Large Cap Growth Equities fund tracking the Dow Jones U.S. Large-Cap Growth Total Stock Market Index, while CRS (Carpenter Technology Corporation) is a stock. Over the past 10 years, SCHG returned 18.53%/yr vs 33.20%/yr for CRS. A 0.51 correlation means they provide meaningful diversification when combined.

Performance

SCHG vs. CRS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Schwab U.S. Large-Cap Growth ETF (SCHG) and Carpenter Technology Corporation (CRS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SCHG achieves a 3.75% return, which is significantly lower than CRS's 58.69% return. Over the past 10 years, SCHG has underperformed CRS with an annualized return of 18.53%, while CRS has yielded a comparatively higher 33.20% annualized return.

SCHG

• 1D: 0.15%
• 1M: -0.94%
• YTD: 3.75%
• 6M: 2.93%
• 1Y: 20.82%
• 3Y*: 24.03%
• 5Y*: 14.90%
• 10Y*: 18.53%

CRS

• 1D: 3.20%
• 1M: 16.65%
• YTD: 58.69%
• 6M: 62.07%
• 1Y: 101.19%
• 3Y*: 115.41%
• 5Y*: 63.76%
• 10Y*: 33.20%

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

SCHG vs. CRS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SCHG Schwab U.S. Large-Cap Growth ETF	3.75%	17.50%	34.95%	50.10%	-31.80%	28.11%	39.14%	36.02%	-1.36%	28.05%
CRS Carpenter Technology Corporation	58.69%	86.23%	141.72%	94.48%	29.50%	2.66%	-39.44%	42.12%	-29.16%	43.40%

Correlation

The correlation between SCHG and CRS is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.34
Correlation (3Y) Calculated over the trailing 3-year period	0.42
Correlation (5Y) Calculated over the trailing 5-year period	0.44
Correlation (10Y) Calculated over the trailing 10-year period	0.44
Correlation (All Time) Calculated using the full available price history since Dec 14, 2009	0.51

The correlation between SCHG and CRS shifts across timeframes, from 0.34 (1 year) to 0.51 (all time), reflecting how their relationship changes across market environments.

Return for Risk

SCHG vs. CRS — Risk / Return Rank

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

SCHG

SCHG Risk / Return Rank: 36
SCHG Sharpe Ratio Rank: 42
SCHG Sortino Ratio Rank: 39
SCHG Omega Ratio Rank: 40
SCHG Calmar Ratio Rank: 29
SCHG Martin Ratio Rank: 32

CRS

CRS Risk / Return Rank: 90
CRS Sharpe Ratio Rank: 90
CRS Sortino Ratio Rank: 88
CRS Omega Ratio Rank: 87
CRS Calmar Ratio Rank: 93
CRS Martin Ratio Rank: 91

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.

SCHG vs. CRS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Schwab U.S. Large-Cap Growth ETF (SCHG) and Carpenter Technology Corporation (CRS). 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.

	SCHG	CRS	Difference
Sharpe ratio: Return per unit of total volatility	1.33	2.14	-0.81
Sortino ratio: Return per unit of downside risk	1.82	2.93	-1.10
Omega ratio: Gain probability vs. loss probability	1.24	1.37	-0.14
Calmar ratio: Return relative to maximum drawdown	1.27	5.33	-4.06
Martin ratio: Return relative to average drawdown	4.25	12.55	-8.30
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SCHG vs. CRS - Sharpe Ratio Comparison

The current SCHG Sharpe Ratio is 1.33, which is lower than the CRS Sharpe Ratio of 2.14. The chart below compares the historical Sharpe Ratios of SCHG and CRS, 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

	SCHG	CRS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.33	2.14	-0.81
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.67	1.38	-0.71
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.86	0.68	+0.18
Sharpe Ratio (All Time) Calculated using the full available price history	0.83	0.35	+0.49

Drawdowns

SCHG vs. CRS - Drawdown Comparison

The maximum SCHG drawdown since its inception was -34.59%, smaller than the maximum CRS drawdown of -84.68%. Use the drawdown chart below to compare losses from any high point for SCHG and CRS.

Drawdown Indicators

	SCHG	CRS	Difference
Max Drawdown Largest peak-to-trough decline	-34.59%	-84.68%	+50.09%
Max Drawdown (1Y) Largest decline over 1 year	-16.41%	-19.08%	+2.67%
Max Drawdown (3Y) Largest decline over 3 years	-23.39%	-28.74%	+5.35%
Max Drawdown (5Y) Largest decline over 5 years	-34.59%	-41.86%	+7.27%
Max Drawdown (10Y) Largest decline over 10 years	-34.59%	-74.70%	+40.11%
Current Drawdown Current decline from peak	-4.25%	0.00%	-4.25%
Average Drawdown Average peak-to-trough decline	-5.20%	-27.25%	+22.05%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.91%	8.09%	-3.18%

Volatility

SCHG vs. CRS - Volatility Comparison

The current volatility for Schwab U.S. Large-Cap Growth ETF (SCHG) is 4.52%, while Carpenter Technology Corporation (CRS) has a volatility of 11.63%. This indicates that SCHG experiences smaller price fluctuations and is considered to be less risky than CRS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SCHG	CRS	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.52%	11.63%	-7.11%
Volatility (6M) Calculated over the trailing 6-month period	12.02%	33.18%	-21.16%
Volatility (1Y) Calculated over the trailing 1-year period	15.77%	47.75%	-31.98%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.31%	46.58%	-24.27%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.58%	48.83%	-27.25%

Dividends

SCHG vs. CRS - Dividend Comparison

SCHG's dividend yield for the trailing twelve months is around 0.37%, more than CRS's 0.16% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CRS Carpenter Technology Corporation	0.16%	0.25%	0.47%	1.13%	2.17%	2.74%	2.75%	1.61%	2.13%	1.41%	1.99%	2.38%
SCHG Schwab U.S. Large-Cap Growth ETF	0.37%	0.36%	0.39%	0.46%	0.55%	0.42%	0.52%	0.82%	1.27%	1.01%	1.04%	1.22%

Frequently Asked Questions

Can I hold both SCHG and CRS in my portfolio?

SCHG and CRS have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SCHG or CRS?

CRS has higher volatility (11.63%) compared to SCHG (4.52%). In terms of maximum drawdown, SCHG dropped -34.59% vs CRS's -84.68%.

Which has better risk-adjusted returns?

CRS currently has the higher Sharpe Ratio (2.14 vs 1.33), 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.