SCHG vs. RAAX
SCHG (Schwab U.S. Large-Cap Growth ETF) and RAAX (VanEck Inflation Allocation 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 RAAX is a Diversified Portfolio fund actively managed by VanEck. SCHG is passively managed, while RAAX is actively managed. Over the past 5 years, SCHG returned 14.85%/yr vs 13.26%/yr for RAAX. At a 0.37 correlation, their price movements are largely independent. SCHG charges 0.04%/yr vs 0.78%/yr for RAAX.
Performance
SCHG vs. RAAX - Performance Comparison
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Returns By Period
In the year-to-date period, SCHG achieves a 5.03% return, which is significantly lower than RAAX's 16.55% 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%
RAAX
- 1D
- -0.92%
- 1M
- -2.75%
- YTD
- 16.55%
- 6M
- 16.67%
- 1Y
- 30.86%
- 3Y*
- 20.30%
- 5Y*
- 13.26%
- 10Y*
- —
SCHG vs. RAAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
SCHG Schwab U.S. Large-Cap Growth ETF | 5.03% | 17.50% | 34.95% | 50.10% | -31.80% | 28.11% | 39.14% | 36.02% | -1.60% |
RAAX VanEck Inflation Allocation ETF | 16.55% | 26.74% | 12.50% | 6.71% | 1.51% | 21.56% | -8.27% | 6.14% | -2.41% |
Correlation
The correlation between SCHG and RAAX is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.16 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.23 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.36 |
Correlation (All Time) Calculated using the full available price history since Apr 10, 2018 | 0.37 |
Over the past year, the correlation between SCHG and RAAX has dropped to 0.16 - well below their long-term average of 0.37, suggesting their price drivers have been diverging.
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Return for Risk
SCHG vs. RAAX — Risk / Return Rank
SCHG
RAAX
SCHG vs. RAAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab U.S. Large-Cap Growth ETF (SCHG) and VanEck Inflation Allocation ETF (RAAX). 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 | RAAX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.73 | ||
| Sortino ratioReturn per unit of downside risk | -0.90 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.40 | -0.14 |
| Calmar ratioReturn relative to maximum drawdown | 1.42 | 4.33 | -2.91 |
| Martin ratioReturn relative to average drawdown | 4.68 | 15.50 | -10.82 |
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Drawdowns
SCHG vs. RAAX - Drawdown Comparison
The maximum SCHG drawdown since its inception was -34.59%, roughly equal to the maximum RAAX drawdown of -33.91%. Use the drawdown chart below to compare losses from any high point for SCHG and RAAX.
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Drawdown Indicators
| SCHG | RAAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.59% | -33.91% | -0.68% |
Max Drawdown (1Y)Largest decline over 1 year | -16.41% | -7.17% | -9.24% |
Max Drawdown (3Y)Largest decline over 3 years | -23.39% | -11.59% | -11.80% |
Max Drawdown (5Y)Largest decline over 5 years | -34.59% | -23.55% | -11.04% |
Max Drawdown (10Y)Largest decline over 10 years | -34.59% | — | — |
Current DrawdownCurrent decline from peak | -3.06% | -4.66% | +1.60% |
Average DrawdownAverage peak-to-trough decline | -5.20% | -6.77% | +1.57% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.97% | 2.00% | +2.97% |
Volatility
SCHG vs. RAAX - Volatility Comparison
Schwab U.S. Large-Cap Growth ETF (SCHG) has a higher volatility of 5.59% compared to VanEck Inflation Allocation ETF (RAAX) at 4.71%. This indicates that SCHG's price experiences larger fluctuations and is considered to be riskier than RAAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SCHG | RAAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.59% | 4.71% | +0.88% |
Volatility (6M)Calculated over the trailing 6-month period | 12.52% | 12.23% | +0.29% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.09% | 14.21% | +1.88% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.35% | 15.71% | +6.64% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.60% | 15.79% | +5.81% |
SCHG vs. RAAX - Expense Ratio Comparison
SCHG has a 0.04% expense ratio, which is lower than RAAX's 0.78% expense ratio.
Dividends
SCHG vs. RAAX - Dividend Comparison
SCHG's dividend yield for the trailing twelve months is around 0.37%, less than RAAX's 2.01% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RAAX VanEck Inflation Allocation ETF | 2.01% | 2.34% | 1.91% | 3.66% | 1.53% | 8.72% | 6.27% | 2.37% | 0.56% | 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 RAAX have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SCHG has higher volatility (5.59%) compared to RAAX (4.71%). In terms of maximum drawdown, SCHG dropped -34.59% vs RAAX's -33.91%.
On 5-year performance, SCHG leads with 14.85% vs 13.26% for RAAX. On fees, SCHG is cheaper at 0.04% per year. On volatility, RAAX has been the lower-risk option at 4.71%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, SCHG has performed better with a 14.85% return vs 13.26%. 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 0.78% for RAAX.
RAAX has the higher dividend yield at 2.01%, compared with 0.37% for SCHG.
SCHG is categorized as Large Cap Growth Equities, while RAAX is Diversified Portfolio. They also come from different issuers: Charles Schwab and VanEck. Their fees differ too: 0.04% for SCHG and 0.78% for RAAX.
RAAX currently has the higher Sharpe Ratio (2.19 vs 1.45), 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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