SCHG vs. DIVB
SCHG (Schwab U.S. Large-Cap Growth ETF) and DIVB (iShares U.S. Dividend and Buyback ETF) are both exchange-traded funds - SCHG is a Large Cap Growth Equities fund tracking the Dow Jones U.S. Large-Cap Growth Total Stock Market Index, while DIVB is a Large Cap Blend Equities fund tracking the Morningstar US Dividend and Buyback Index. Both are passively managed. Over the past 5 years, SCHG returned 14.90%/yr vs 11.98%/yr for DIVB. A 0.67 correlation means they provide meaningful diversification when combined. SCHG charges 0.04%/yr vs 0.25%/yr for DIVB.
Performance
SCHG vs. DIVB - Performance Comparison
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Returns By Period
In the year-to-date period, SCHG achieves a 3.75% return, which is significantly lower than DIVB's 16.10% 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%
DIVB
- 1D
- 0.09%
- 1M
- 5.36%
- YTD
- 16.10%
- 6M
- 16.58%
- 1Y
- 27.52%
- 3Y*
- 21.21%
- 5Y*
- 11.98%
- 10Y*
- —
SCHG vs. DIVB - 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% | 3.38% |
DIVB iShares U.S. Dividend and Buyback ETF | 16.10% | 15.09% | 18.59% | 13.27% | -10.51% | 31.29% | 10.78% | 32.72% | -8.16% | 5.95% |
Correlation
The correlation between SCHG and DIVB is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.41 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.48 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.65 |
Correlation (All Time) Calculated using the full available price history since Nov 10, 2017 | 0.67 |
Over the past year, the correlation between SCHG and DIVB has dropped to 0.41 - well below their long-term average of 0.67, suggesting their price drivers have been diverging.
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Return for Risk
SCHG vs. DIVB — Risk / Return Rank
SCHG
DIVB
SCHG vs. DIVB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab U.S. Large-Cap Growth ETF (SCHG) and iShares U.S. Dividend and Buyback ETF (DIVB). 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 | DIVB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.07 | ||
| Sortino ratioReturn per unit of downside risk | -1.53 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.42 | -0.19 |
| Calmar ratioReturn relative to maximum drawdown | 1.27 | 4.05 | -2.78 |
| Martin ratioReturn relative to average drawdown | 4.25 | 13.75 | -9.50 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| SCHG | DIVB | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.33 | 2.40 | -1.07 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.67 | 0.79 | -0.12 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.86 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.83 | 0.75 | +0.08 |
Drawdowns
SCHG vs. DIVB - Drawdown Comparison
The maximum SCHG drawdown since its inception was -34.59%, smaller than the maximum DIVB drawdown of -36.93%. Use the drawdown chart below to compare losses from any high point for SCHG and DIVB.
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Drawdown Indicators
| SCHG | DIVB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.59% | -36.93% | +2.34% |
Max Drawdown (1Y)Largest decline over 1 year | -16.41% | -6.82% | -9.59% |
Max Drawdown (3Y)Largest decline over 3 years | -23.39% | -15.45% | -7.94% |
Max Drawdown (5Y)Largest decline over 5 years | -34.59% | -21.08% | -13.51% |
Max Drawdown (10Y)Largest decline over 10 years | -34.59% | — | — |
Current DrawdownCurrent decline from peak | -4.25% | -1.98% | -2.27% |
Average DrawdownAverage peak-to-trough decline | -5.20% | -4.99% | -0.21% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.91% | 2.01% | +2.90% |
Volatility
SCHG vs. DIVB - Volatility Comparison
Schwab U.S. Large-Cap Growth ETF (SCHG) has a higher volatility of 4.52% compared to iShares U.S. Dividend and Buyback ETF (DIVB) at 4.05%. This indicates that SCHG's price experiences larger fluctuations and is considered to be riskier than DIVB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SCHG | DIVB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.52% | 4.05% | +0.47% |
Volatility (6M)Calculated over the trailing 6-month period | 12.02% | 8.68% | +3.34% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.77% | 11.53% | +4.24% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.31% | 15.26% | +7.05% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.58% | 18.38% | +3.20% |
SCHG vs. DIVB - Expense Ratio Comparison
SCHG has a 0.04% expense ratio, which is lower than DIVB's 0.25% 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
SCHG vs. DIVB - Dividend Comparison
SCHG's dividend yield for the trailing twelve months is around 0.37%, less than DIVB's 2.21% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DIVB iShares U.S. Dividend and Buyback ETF | 2.21% | 2.50% | 2.61% | 3.18% | 2.02% | 1.63% | 2.08% | 2.07% | 2.52% | 0.37% | 0.00% | 0.00% |
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
SCHG and DIVB have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SCHG has higher volatility (4.52%) compared to DIVB (4.05%). In terms of maximum drawdown, SCHG dropped -34.59% vs DIVB's -36.93%.
On 5-year performance, SCHG leads with 14.90% vs 11.98% for DIVB. On fees, SCHG is cheaper at 0.04% per year. On volatility, DIVB has been the lower-risk option at 4.05%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, SCHG has performed better with a 14.90% return vs 11.98%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
SCHG is cheaper with a 0.04% expense ratio, compared with 0.25% for DIVB.
DIVB has the higher dividend yield at 2.21%, compared with 0.37% for SCHG.
SCHG is categorized as Large Cap Growth Equities, while DIVB is Large Cap Blend Equities. SCHG tracks Dow Jones U.S. Large-Cap Growth Total Stock Market Index, while DIVB tracks Morningstar US Dividend and Buyback Index. They also come from different issuers: Charles Schwab and iShares. Their fees differ too: 0.04% for SCHG and 0.25% for DIVB.
DIVB currently has the higher Sharpe Ratio (2.40 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.
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