SCHG vs. IBM
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 IBM (International Business Machines Corporation) is a stock. Over the past 10 years, SCHG returned 18.26%/yr vs 7.64%/yr for IBM. A 0.52 correlation means they provide meaningful diversification when combined.
Performance
SCHG vs. IBM - Performance Comparison
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Returns By Period
In the year-to-date period, SCHG achieves a 4.93% return, which is significantly higher than IBM's -27.15% return. Over the past 10 years, SCHG has outperformed IBM with an annualized return of 18.26%, while IBM has yielded a comparatively lower 7.64% annualized return.
SCHG
- 1D
- -0.09%
- 1M
- 0.84%
- 6M
- 5.77%
- YTD
- 4.93%
- 1Y
- 15.31%
- 3Y*
- 21.96%
- 5Y*
- 13.32%
- 10Y*
- 18.26%
- ALL TIME*
- 16.37%
IBM
- 1D
- 0.16%
- 1M
- -14.49%
- 6M
- -29.40%
- YTD
- -27.15%
- 1Y
- -23.58%
- 3Y*
- 19.09%
- 5Y*
- 13.91%
- 10Y*
- 7.64%
- ALL TIME*
- 7.00%
SCHG vs. IBM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SCHG Schwab U.S. Large-Cap Growth ETF | 4.93% | 17.50% | 34.95% | 50.10% | -31.80% | 28.11% | 39.14% | 36.02% | -1.36% | 28.05% |
IBM International Business Machines Corporation | -27.15% | 38.23% | 39.27% | 21.85% | 10.64% | 16.65% | -1.16% | 23.58% | -22.56% | -3.99% |
Correlation
The correlation between SCHG and IBM is 0.28, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.28 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.36 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.38 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.43 |
Correlation (All Time) Calculated using the full available price history since Dec 11, 2009 | 0.52 |
Over the past year, the correlation between SCHG and IBM has dropped to 0.28 - well below their long-term average of 0.52, suggesting their price drivers have been diverging.
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Return for Risk
SCHG vs. IBM — Risk / Return Rank
SCHG
IBM
SCHG vs. IBM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab U.S. Large-Cap Growth ETF (SCHG) and International Business Machines Corporation (IBM). 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.
| SCHG | IBM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.43 | ||
| Sortino ratioReturn per unit of downside risk | +1.74 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 0.94 | +0.23 |
| Calmar ratioReturn relative to maximum drawdown | 0.94 | -0.66 | +1.60 |
| Martin ratioReturn relative to average drawdown | 3.00 | -1.53 | +4.53 |
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Drawdowns
SCHG vs. IBM - Drawdown Comparison
The maximum SCHG drawdown since its inception was -34.59%, smaller than the maximum IBM drawdown of -69.40%. Use the drawdown chart below to compare losses from any high point for SCHG and IBM.
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Drawdown Indicators
| SCHG | IBM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.59% | -69.40% | +34.81% |
Max Drawdown (1Y)Largest decline over 1 year | -16.41% | -35.85% | +19.44% |
Max Drawdown (3Y)Largest decline over 3 years | -23.39% | -35.85% | +12.46% |
Max Drawdown (5Y)Largest decline over 5 years | -34.59% | -35.85% | +1.26% |
Max Drawdown (10Y)Largest decline over 10 years | -34.59% | -40.59% | +6.00% |
Current DrawdownCurrent decline from peak | -3.16% | -35.30% | +32.14% |
Average DrawdownAverage peak-to-trough decline | -5.19% | -20.12% | +14.93% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.12% | 15.44% | -10.32% |
Volatility
SCHG vs. IBM - Volatility Comparison
The current volatility for Schwab U.S. Large-Cap Growth ETF (SCHG) is 4.47%, while International Business Machines Corporation (IBM) has a volatility of 32.02%. This indicates that SCHG experiences smaller price fluctuations and is considered to be less risky than IBM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SCHG | IBM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.47% | 32.02% | -27.55% |
Volatility (6M)Calculated over the trailing 6-month period | 12.82% | 46.34% | -33.52% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.43% | 48.36% | -31.93% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.40% | 29.86% | -7.46% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.57% | 27.97% | -6.40% |
Dividends
SCHG vs. IBM - Dividend Comparison
SCHG's dividend yield for the trailing twelve months is around 0.39%, less than IBM's 3.16% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IBM International Business Machines Corporation | 3.16% | 2.27% | 3.03% | 4.05% | 4.68% | 4.74% | 5.17% | 4.80% | 5.46% | 3.85% | 3.31% | 3.63% |
SCHG Schwab U.S. Large-Cap Growth ETF | 0.39% | 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 IBM have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IBM has higher volatility (32.02%) compared to SCHG (4.47%). In terms of maximum drawdown, SCHG dropped -34.59% vs IBM's -69.40%.
SCHG currently has the higher Sharpe Ratio (0.94 vs -0.49), 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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