SCHG vs. MSTY
SCHG (Schwab U.S. Large-Cap Growth ETF) and MSTY (YieldMax™ MSTR Option Income Strategy 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 MSTY is a Derivative Income fund actively managed by YieldMax. SCHG is passively managed, while MSTY is actively managed. Over the past year, SCHG returned 23.20% vs -60.49% for MSTY. At a 0.47 correlation, their price movements are largely independent. SCHG charges 0.04%/yr vs 0.99%/yr for MSTY.
Performance
SCHG vs. MSTY - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SCHG achieves a 5.03% return, which is significantly higher than MSTY's -12.23% return.
SCHG
- 1D
- 2.39%
- 1M
- -0.12%
- YTD
- 5.03%
- 6M
- 5.98%
- 1Y
- 23.20%
- 3Y*
- 23.27%
- 5Y*
- 14.85%
- 10Y*
- 18.85%
MSTY
- 1D
- 4.50%
- 1M
- -23.91%
- YTD
- -12.23%
- 6M
- -15.80%
- 1Y
- -60.49%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SCHG vs. MSTY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
SCHG Schwab U.S. Large-Cap Growth ETF | 5.03% | 17.50% | 27.14% |
MSTY YieldMax™ MSTR Option Income Strategy ETF | -12.23% | -42.71% | 212.16% |
Correlation
The correlation between SCHG and MSTY is 0.51, 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 | 0.51 |
Correlation (All Time) Calculated using the full available price history since Feb 22, 2024 | 0.47 |
The correlation between SCHG and MSTY has been stable across timeframes, ranging from 0.47 to 0.51 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
SCHG vs. MSTY — Risk / Return Rank
SCHG
MSTY
SCHG vs. MSTY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab U.S. Large-Cap Growth ETF (SCHG) and YieldMax™ MSTR Option Income Strategy ETF (MSTY). 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 | MSTY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.44 | ||
| Sortino ratioReturn per unit of downside risk | +3.62 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 0.82 | +0.44 |
| Calmar ratioReturn relative to maximum drawdown | 1.42 | -0.84 | +2.26 |
| Martin ratioReturn relative to average drawdown | 4.68 | -1.25 | +5.93 |
Loading charts...
Drawdowns
SCHG vs. MSTY - Drawdown Comparison
The maximum SCHG drawdown since its inception was -34.59%, smaller than the maximum MSTY drawdown of -71.79%. Use the drawdown chart below to compare losses from any high point for SCHG and MSTY.
Loading charts...
Drawdown Indicators
| SCHG | MSTY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.59% | -71.79% | +37.20% |
Max Drawdown (1Y)Largest decline over 1 year | -16.41% | -71.79% | +55.38% |
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 DrawdownCurrent decline from peak | -3.06% | -65.49% | +62.43% |
Average DrawdownAverage peak-to-trough decline | -5.20% | -26.61% | +21.41% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.97% | 48.38% | -43.41% |
Volatility
SCHG vs. MSTY - Volatility Comparison
The current volatility for Schwab U.S. Large-Cap Growth ETF (SCHG) is 5.59%, while YieldMax™ MSTR Option Income Strategy ETF (MSTY) has a volatility of 19.30%. This indicates that SCHG experiences smaller price fluctuations and is considered to be less risky than MSTY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SCHG | MSTY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.59% | 19.30% | -13.71% |
Volatility (6M)Calculated over the trailing 6-month period | 12.52% | 49.85% | -37.33% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.09% | 61.63% | -45.54% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.35% | 71.87% | -49.52% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.60% | 71.87% | -50.27% |
SCHG vs. MSTY - Expense Ratio Comparison
SCHG has a 0.04% expense ratio, which is lower than MSTY's 0.99% expense ratio.
Dividends
SCHG vs. MSTY - Dividend Comparison
SCHG's dividend yield for the trailing twelve months is around 0.37%, less than MSTY's 230.78% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MSTY YieldMax™ MSTR Option Income Strategy ETF | 230.78% | 294.61% | 104.56% | 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
SCHG and MSTY have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MSTY has higher volatility (19.30%) compared to SCHG (5.59%). In terms of maximum drawdown, SCHG dropped -34.59% vs MSTY's -71.79%.
On 1-year performance, SCHG leads with 23.20% vs -60.49% for MSTY. On fees, SCHG is cheaper at 0.04% per year. On volatility, SCHG has been the lower-risk option at 5.59%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, SCHG has performed better with a 23.20% return vs -60.49%. 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 0.99% for MSTY.
MSTY has the higher dividend yield at 230.78%, compared with 0.37% for SCHG.
SCHG is categorized as Large Cap Growth Equities, while MSTY is Derivative Income. They also come from different issuers: Charles Schwab and YieldMax. Their fees differ too: 0.04% for SCHG and 0.99% for MSTY.
SCHG currently has the higher Sharpe Ratio (1.45 vs -0.99), 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.
Find the right allocation for SCHG and MSTY
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer