SCHG vs. MEUD.L

Last updated Jun 9, 2026

SCHG (Schwab U.S. Large-Cap Growth ETF) and MEUD.L (Lyxor Core STOXX Europe 600 (DR) - UCITS ETF Acc) 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 MEUD.L is a Europe Equities fund tracking the MSCI Europe NR EUR. Both are passively managed. Over the past 10 years, SCHG returned 18.53%/yr vs 9.79%/yr for MEUD.L. At a 0.46 correlation, their price movements are largely independent. SCHG charges 0.04%/yr vs 0.15%/yr for MEUD.L.

Performance

SCHG vs. MEUD.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Schwab U.S. Large-Cap Growth ETF (SCHG) and Lyxor Core STOXX Europe 600 (DR) - UCITS ETF Acc (MEUD.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

SCHG is traded in USD, while MEUD.L is traded in GBp. To make them comparable, the MEUD.L values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, SCHG achieves a 3.75% return, which is significantly lower than MEUD.L's 5.24% return. Over the past 10 years, SCHG has outperformed MEUD.L with an annualized return of 18.53%, while MEUD.L has yielded a comparatively lower 9.79% 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%

MEUD.L

• 1D: 0.11%
• 1M: 0.08%
• YTD: 5.24%
• 6M: 8.76%
• 1Y: 16.91%
• 3Y*: 16.48%
• 5Y*: 8.35%
• 10Y*: 9.79%

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

SCHG vs. MEUD.L - 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%
MEUD.L Lyxor Core STOXX Europe 600 (DR) - UCITS ETF Acc	5.24%	36.05%	1.93%	19.47%	-15.19%	16.00%	7.03%	25.23%	-14.71%	26.41%

Correlation

The correlation between SCHG and MEUD.L is 0.50, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.50
Correlation (3Y) Calculated over the trailing 3-year period	0.39
Correlation (5Y) Calculated over the trailing 5-year period	0.45
Correlation (10Y) Calculated over the trailing 10-year period	0.44
Correlation (All Time) Calculated using the full available price history since Apr 4, 2013	0.46

The correlation between SCHG and MEUD.L shifts across timeframes, from 0.39 (3 years) to 0.50 (1 year), reflecting how their relationship changes across market environments.

SCHG vs. MEUD.L - Sectors Allocation Comparison

Sectors	SCHG	MEUD.L
Technology	46.3%	9.4%
Communication Services	16.0%	3.0%
Consumer Cyclical	12.7%	7.1%
Healthcare	7.7%	12.6%
Financial Services	6.7%	23.9%
Industrials	5.8%	20.3%
Consumer Defensive	1.7%	7.7%
Basic Materials	1.4%	5.1%
Energy	0.8%	5.3%
Real Estate	0.5%	1.2%
Utilities	0.4%	4.4%

Return for Risk

SCHG vs. MEUD.L — 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

MEUD.L

MEUD.L Risk / Return Rank: 46
MEUD.L Sharpe Ratio Rank: 49
MEUD.L Sortino Ratio Rank: 48
MEUD.L Omega Ratio Rank: 51
MEUD.L Calmar Ratio Rank: 39
MEUD.L Martin Ratio Rank: 43

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. MEUD.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Schwab U.S. Large-Cap Growth ETF (SCHG) and Lyxor Core STOXX Europe 600 (DR) - UCITS ETF Acc (MEUD.L). 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	MEUD.L	Difference
Sharpe ratio: Return per unit of total volatility	1.33	1.16	+0.17
Sortino ratio: Return per unit of downside risk	1.82	1.71	+0.11
Omega ratio: Gain probability vs. loss probability	1.24	1.21	+0.02
Calmar ratio: Return relative to maximum drawdown	1.27	1.46	-0.19
Martin ratio: Return relative to average drawdown	4.25	5.19	-0.94
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. MEUD.L - Sharpe Ratio Comparison

The current SCHG Sharpe Ratio is 1.33, which is comparable to the MEUD.L Sharpe Ratio of 1.16. The chart below compares the historical Sharpe Ratios of SCHG and MEUD.L, 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	MEUD.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.33	1.16	+0.17
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.67	0.44	+0.24
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.86	0.51	+0.36
Sharpe Ratio (All Time) Calculated using the full available price history	0.83	0.35	+0.49

Drawdowns

SCHG vs. MEUD.L - Drawdown Comparison

The maximum SCHG drawdown since its inception was -34.59%, roughly equal to the maximum MEUD.L drawdown of -36.31%. Use the drawdown chart below to compare losses from any high point for SCHG and MEUD.L.

Drawdown Indicators

	SCHG	MEUD.L	Difference
Max Drawdown Largest peak-to-trough decline	-34.59%	-36.31%	+1.72%
Max Drawdown (1Y) Largest decline over 1 year	-16.41%	-11.53%	-4.88%
Max Drawdown (3Y) Largest decline over 3 years	-23.39%	-14.53%	-8.86%
Max Drawdown (5Y) Largest decline over 5 years	-34.59%	-32.40%	-2.19%
Max Drawdown (10Y) Largest decline over 10 years	-34.59%	-36.31%	+1.72%
Current Drawdown Current decline from peak	-4.25%	-2.76%	-1.49%
Average Drawdown Average peak-to-trough decline	-5.20%	-9.39%	+4.19%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.91%	3.25%	+1.66%

Volatility

SCHG vs. MEUD.L - Volatility Comparison

Schwab U.S. Large-Cap Growth ETF (SCHG) has a higher volatility of 4.52% compared to Lyxor Core STOXX Europe 600 (DR) - UCITS ETF Acc (MEUD.L) at 3.92%. This indicates that SCHG's price experiences larger fluctuations and is considered to be riskier than MEUD.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SCHG	MEUD.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.52%	3.92%	+0.60%
Volatility (6M) Calculated over the trailing 6-month period	12.02%	12.01%	+0.01%
Volatility (1Y) Calculated over the trailing 1-year period	15.77%	14.58%	+1.19%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.31%	19.16%	+3.15%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.58%	19.37%	+2.21%

SCHG vs. MEUD.L - Expense Ratio Comparison

SCHG has a 0.04% expense ratio, which is lower than MEUD.L's 0.15% 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. MEUD.L - Dividend Comparison

SCHG's dividend yield for the trailing twelve months is around 0.37%, while MEUD.L has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MEUD.L Lyxor Core STOXX Europe 600 (DR) - UCITS ETF Acc	0.00%	0.00%	0.00%	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 MEUD.L in my portfolio?

SCHG and MEUD.L have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SCHG or MEUD.L?

On fees, SCHG is cheaper at 0.04% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SCHG or MEUD.L?

SCHG is cheaper with a 0.04% expense ratio, compared with 0.15% for MEUD.L.

What is the main difference between SCHG and MEUD.L?

SCHG is categorized as Large Cap Growth Equities, while MEUD.L is Europe Equities. SCHG tracks Dow Jones U.S. Large-Cap Growth Total Stock Market Index, while MEUD.L tracks MSCI Europe NR EUR. They also come from different issuers: Charles Schwab and Amundi. Their fees differ too: 0.04% for SCHG and 0.15% for MEUD.L.