SCHG vs. PRDGX

Last updated Jun 10, 2026

SCHG (Schwab U.S. Large-Cap Growth ETF) and PRDGX (T. Rowe Price Dividend Growth Fund, Inc.) are both funds - SCHG is a Large Cap Growth Equities fund tracking the Dow Jones U.S. Large-Cap Growth Total Stock Market Index, while PRDGX is a Large Cap Blend Equities fund actively managed by T. Rowe Price. SCHG is passively managed, while PRDGX is actively managed. Over the past 10 years, SCHG returned 18.43%/yr vs 12.74%/yr for PRDGX. Their correlation of 0.85 suggests significant overlap in exposure. SCHG charges 0.04%/yr vs 0.64%/yr for PRDGX.

Performance

SCHG vs. PRDGX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Schwab U.S. Large-Cap Growth ETF (SCHG) and T. Rowe Price Dividend Growth Fund, Inc. (PRDGX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SCHG achieves a 2.92% return, which is significantly lower than PRDGX's 6.64% return. Over the past 10 years, SCHG has outperformed PRDGX with an annualized return of 18.43%, while PRDGX has yielded a comparatively lower 12.74% annualized return.

SCHG

• 1D: -0.80%
• 1M: -1.73%
• YTD: 2.92%
• 6M: 2.08%
• 1Y: 19.69%
• 3Y*: 23.70%
• 5Y*: 14.48%
• 10Y*: 18.43%

PRDGX

• 1D: -0.12%
• 1M: 1.94%
• YTD: 6.64%
• 6M: 7.66%
• 1Y: 15.93%
• 3Y*: 15.19%
• 5Y*: 9.92%
• 10Y*: 12.74%

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

SCHG vs. PRDGX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SCHG Schwab U.S. Large-Cap Growth ETF	2.92%	17.50%	34.95%	50.10%	-31.80%	28.11%	39.14%	36.02%	-1.36%	28.05%
PRDGX T. Rowe Price Dividend Growth Fund, Inc.	6.64%	14.74%	13.48%	13.68%	-10.22%	26.03%	13.92%	31.76%	-1.06%	18.89%

Correlation

The correlation between SCHG and PRDGX is 0.62, 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	0.62
Correlation (3Y) Calculated over the trailing 3-year period	0.65
Correlation (5Y) Calculated over the trailing 5-year period	0.75
Correlation (10Y) Calculated over the trailing 10-year period	0.79
Correlation (All Time) Calculated using the full available price history since Dec 11, 2009	0.85

Over the past year, the correlation between SCHG and PRDGX has dropped to 0.62 - well below their long-term average of 0.85, suggesting their price drivers have been diverging.

Return for Risk

SCHG vs. PRDGX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SCHG

SCHG Risk / Return Rank: 34
SCHG Sharpe Ratio Rank: 39
SCHG Sortino Ratio Rank: 37
SCHG Omega Ratio Rank: 38
SCHG Calmar Ratio Rank: 27
SCHG Martin Ratio Rank: 31

PRDGX

PRDGX Risk / Return Rank: 42
PRDGX Sharpe Ratio Rank: 41
PRDGX Sortino Ratio Rank: 41
PRDGX Omega Ratio Rank: 39
PRDGX Calmar Ratio Rank: 41
PRDGX Martin Ratio Rank: 47

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. PRDGX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Schwab U.S. Large-Cap Growth ETF (SCHG) and T. Rowe Price Dividend Growth Fund, Inc. (PRDGX). 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	PRDGX	Difference
Sharpe ratio: Return per unit of total volatility	1.25	1.60	-0.35
Sortino ratio: Return per unit of downside risk	1.73	2.29	-0.56
Omega ratio: Gain probability vs. loss probability	1.22	1.28	-0.06
Calmar ratio: Return relative to maximum drawdown	1.21	2.13	-0.93
Martin ratio: Return relative to average drawdown	4.01	8.71	-4.70
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. PRDGX - Sharpe Ratio Comparison

The current SCHG Sharpe Ratio is 1.25, which is comparable to the PRDGX Sharpe Ratio of 1.60. The chart below compares the historical Sharpe Ratios of SCHG and PRDGX, 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	PRDGX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.25	1.60	-0.35
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.65	0.71	-0.06
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.86	0.81	+0.05
Sharpe Ratio (All Time) Calculated using the full available price history	0.83	0.66	+0.17

Drawdowns

SCHG vs. PRDGX - Drawdown Comparison

The maximum SCHG drawdown since its inception was -34.59%, smaller than the maximum PRDGX drawdown of -49.79%. Use the drawdown chart below to compare losses from any high point for SCHG and PRDGX.

Drawdown Indicators

	SCHG	PRDGX	Difference
Max Drawdown Largest peak-to-trough decline	-34.59%	-49.79%	+15.20%
Max Drawdown (1Y) Largest decline over 1 year	-16.41%	-7.34%	-9.07%
Max Drawdown (3Y) Largest decline over 3 years	-23.39%	-14.15%	-9.24%
Max Drawdown (5Y) Largest decline over 5 years	-34.59%	-19.31%	-15.28%
Max Drawdown (10Y) Largest decline over 10 years	-34.59%	-33.18%	-1.41%
Current Drawdown Current decline from peak	-5.01%	-1.25%	-3.76%
Average Drawdown Average peak-to-trough decline	-5.20%	-5.42%	+0.22%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.92%	1.79%	+3.13%

Volatility

SCHG vs. PRDGX - Volatility Comparison

Schwab U.S. Large-Cap Growth ETF (SCHG) has a higher volatility of 4.53% compared to T. Rowe Price Dividend Growth Fund, Inc. (PRDGX) at 2.28%. This indicates that SCHG's price experiences larger fluctuations and is considered to be riskier than PRDGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SCHG	PRDGX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.53%	2.28%	+2.25%
Volatility (6M) Calculated over the trailing 6-month period	12.04%	7.59%	+4.45%
Volatility (1Y) Calculated over the trailing 1-year period	15.77%	9.80%	+5.97%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.31%	14.07%	+8.24%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.57%	15.88%	+5.69%

SCHG vs. PRDGX - Expense Ratio Comparison

SCHG has a 0.04% expense ratio, which is lower than PRDGX's 0.64% expense ratio.

Dividends

SCHG vs. PRDGX - Dividend Comparison

SCHG's dividend yield for the trailing twelve months is around 0.38%, less than PRDGX's 7.59% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PRDGX T. Rowe Price Dividend Growth Fund, Inc.	7.59%	8.02%	4.66%	2.78%	3.81%	2.00%	1.03%	2.33%	3.67%	1.82%	3.07%	7.57%
SCHG Schwab U.S. Large-Cap Growth ETF	0.38%	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 PRDGX in my portfolio?

SCHG and PRDGX have a correlation of 0.62, 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 PRDGX?

SCHG has higher volatility (4.53%) compared to PRDGX (2.28%). In terms of maximum drawdown, SCHG dropped -34.59% vs PRDGX's -49.79%.

Which has better risk-adjusted returns?

PRDGX currently has the higher Sharpe Ratio (1.60 vs 1.25), 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.