SCHG vs. EVTR

Last updated Jun 9, 2026

SCHG (Schwab U.S. Large-Cap Growth ETF) and EVTR (Eaton Vance Total Return Bond 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 EVTR is a Intermediate Core-Plus Bond fund actively managed by Eaton Vance. SCHG is passively managed, while EVTR is actively managed. Over the past year, SCHG returned 20.82% vs 5.42% for EVTR. At a 0.18 correlation, their price movements are largely independent. SCHG charges 0.04%/yr vs 0.32%/yr for EVTR.

Performance

SCHG vs. EVTR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Schwab U.S. Large-Cap Growth ETF (SCHG) and Eaton Vance Total Return Bond ETF (EVTR). 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 higher than EVTR's -0.18% 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%

EVTR

• 1D: -0.10%
• 1M: -0.81%
• YTD: -0.18%
• 6M: 0.39%
• 1Y: 5.42%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SCHG vs. EVTR - Yearly Performance Comparison

	2026 (YTD)	2025	2024
SCHG Schwab U.S. Large-Cap Growth ETF	3.75%	17.50%	20.25%
EVTR Eaton Vance Total Return Bond ETF	-0.18%	8.10%	4.07%

Correlation

The correlation between SCHG and EVTR is 0.31, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.31
Correlation (All Time) Calculated using the full available price history since Mar 26, 2024	0.18

The correlation between SCHG and EVTR shifts across timeframes, from 0.18 (all time) to 0.31 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

SCHG vs. EVTR — 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

EVTR

EVTR Risk / Return Rank: 45
EVTR Sharpe Ratio Rank: 48
EVTR Sortino Ratio Rank: 50
EVTR Omega Ratio Rank: 46
EVTR Calmar Ratio Rank: 42
EVTR Martin Ratio Rank: 41

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. EVTR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Schwab U.S. Large-Cap Growth ETF (SCHG) and Eaton Vance Total Return Bond ETF (EVTR). 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	EVTR	Difference
Sharpe ratio: Return per unit of total volatility	1.33	1.50	-0.17
Sortino ratio: Return per unit of downside risk	1.82	2.20	-0.37
Omega ratio: Gain probability vs. loss probability	1.24	1.26	-0.03
Calmar ratio: Return relative to maximum drawdown	1.27	1.90	-0.63
Martin ratio: Return relative to average drawdown	4.25	5.94	-1.69
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. EVTR - Sharpe Ratio Comparison

The current SCHG Sharpe Ratio is 1.33, which is comparable to the EVTR Sharpe Ratio of 1.50. The chart below compares the historical Sharpe Ratios of SCHG and EVTR, 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	EVTR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.33	1.50	-0.17
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.67	—	—
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	1.26	-0.43

Drawdowns

SCHG vs. EVTR - Drawdown Comparison

The maximum SCHG drawdown since its inception was -34.59%, which is greater than EVTR's maximum drawdown of -4.08%. Use the drawdown chart below to compare losses from any high point for SCHG and EVTR.

Drawdown Indicators

	SCHG	EVTR	Difference
Max Drawdown Largest peak-to-trough decline	-34.59%	-4.08%	-30.51%
Max Drawdown (1Y) Largest decline over 1 year	-16.41%	-2.86%	-13.55%
Max Drawdown (3Y) Largest decline over 3 years	-23.39%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-34.59%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-34.59%	—	—
Current Drawdown Current decline from peak	-4.25%	-1.90%	-2.35%
Average Drawdown Average peak-to-trough decline	-5.20%	-0.97%	-4.23%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.91%	0.91%	+4.00%

Volatility

SCHG vs. EVTR - Volatility Comparison

Schwab U.S. Large-Cap Growth ETF (SCHG) has a higher volatility of 4.52% compared to Eaton Vance Total Return Bond ETF (EVTR) at 1.40%. This indicates that SCHG's price experiences larger fluctuations and is considered to be riskier than EVTR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SCHG	EVTR	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.52%	1.40%	+3.12%
Volatility (6M) Calculated over the trailing 6-month period	12.02%	2.81%	+9.21%
Volatility (1Y) Calculated over the trailing 1-year period	15.77%	3.64%	+12.13%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.31%	4.31%	+18.00%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.58%	4.31%	+17.27%

SCHG vs. EVTR - Expense Ratio Comparison

SCHG has a 0.04% expense ratio, which is lower than EVTR's 0.32% expense ratio.

Dividends

SCHG vs. EVTR - Dividend Comparison

SCHG's dividend yield for the trailing twelve months is around 0.37%, less than EVTR's 4.70% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EVTR Eaton Vance Total Return Bond ETF	4.70%	4.51%	4.26%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	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

Can I hold both SCHG and EVTR in my portfolio?

SCHG and EVTR have a correlation of 0.31, 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 EVTR?

SCHG has higher volatility (4.52%) compared to EVTR (1.40%). In terms of maximum drawdown, SCHG dropped -34.59% vs EVTR's -4.08%.

Which ETF is better, SCHG or EVTR?

On 1-year performance, SCHG leads with 20.82% vs 5.42% for EVTR. On fees, SCHG is cheaper at 0.04% per year. On volatility, EVTR has been the lower-risk option at 1.40%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SCHG or EVTR?

Over the 1-year period, SCHG has performed better with a 20.82% return vs 5.42%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SCHG or EVTR?

SCHG is cheaper with a 0.04% expense ratio, compared with 0.32% for EVTR.

Which ETF pays a higher dividend yield, SCHG or EVTR?

EVTR has the higher dividend yield at 4.70%, compared with 0.37% for SCHG.

What is the main difference between SCHG and EVTR?

SCHG is categorized as Large Cap Growth Equities, while EVTR is Intermediate Core-Plus Bond. They also come from different issuers: Charles Schwab and Eaton Vance. Their fees differ too: 0.04% for SCHG and 0.32% for EVTR.

Which has better risk-adjusted returns?

EVTR currently has the higher Sharpe Ratio (1.50 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.