SCHG vs. VDE

Last updated Jun 16, 2026

SCHG (Schwab U.S. Large-Cap Growth ETF) and VDE (Vanguard Energy 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 VDE is a Energy Equities fund tracking the MSCI US Investable Market Energy 25/50 Index. Both are passively managed. Over the past 10 years, SCHG returned 18.85%/yr vs 8.97%/yr for VDE. At a 0.47 correlation, their price movements are largely independent. SCHG charges 0.04%/yr vs 0.09%/yr for VDE.

Performance

SCHG vs. VDE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Schwab U.S. Large-Cap Growth ETF (SCHG) and Vanguard Energy ETF (VDE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SCHG achieves a 5.03% return, which is significantly lower than VDE's 25.21% return. Over the past 10 years, SCHG has outperformed VDE with an annualized return of 18.85%, while VDE has yielded a comparatively lower 8.97% annualized 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%

VDE

• 1D: -3.44%
• 1M: -6.90%
• YTD: 25.21%
• 6M: 24.92%
• 1Y: 30.50%
• 3Y*: 15.31%
• 5Y*: 18.92%
• 10Y*: 8.97%

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

SCHG vs. VDE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SCHG Schwab U.S. Large-Cap Growth ETF	5.03%	17.50%	34.95%	50.10%	-31.80%	28.11%	39.14%	36.02%	-1.36%	28.05%
VDE Vanguard Energy ETF	25.21%	7.11%	6.75%	0.03%	62.89%	56.31%	-33.02%	9.28%	-19.95%	-2.50%

Correlation

The correlation between SCHG and VDE is -0.18, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.18
Correlation (3Y) Calculated over the trailing 3-year period	0.04
Correlation (5Y) Calculated over the trailing 5-year period	0.18
Correlation (10Y) Calculated over the trailing 10-year period	0.30
Correlation (All Time) Calculated using the full available price history since Dec 11, 2009	0.47

The correlation between SCHG and VDE shifts across timeframes, from -0.18 (1 year) to 0.47 (all time), reflecting how their relationship changes across market environments.

SCHG vs. VDE - Sectors Allocation Comparison

Sectors	SCHG	VDE
Technology	46.7%	-
Communication Services	15.3%	-
Consumer Cyclical	12.4%	-
Healthcare	8.4%	-
Financial Services	6.6%	-
Industrials	6.0%	0.1%
Consumer Defensive	1.6%	-
Basic Materials	1.3%	0.4%
Energy	0.7%	99.5%
Real Estate	0.5%	-
Utilities	0.4%	-

Return for Risk

SCHG vs. VDE — Risk / Return Rank

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

SCHG

SCHG Risk / Return Rank: 40
SCHG Sharpe Ratio Rank: 46
SCHG Sortino Ratio Rank: 43
SCHG Omega Ratio Rank: 44
SCHG Calmar Ratio Rank: 32
SCHG Martin Ratio Rank: 34

VDE

VDE Risk / Return Rank: 47
VDE Sharpe Ratio Rank: 47
VDE Sortino Ratio Rank: 43
VDE Omega Ratio Rank: 41
VDE Calmar Ratio Rank: 58
VDE 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. VDE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Schwab U.S. Large-Cap Growth ETF (SCHG) and Vanguard Energy ETF (VDE). 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	VDE	Difference
Sharpe ratio: Return per unit of total volatility	1.45	1.48	-0.03
Sortino ratio: Return per unit of downside risk	1.98	1.99	-0.01
Omega ratio: Gain probability vs. loss probability	1.26	1.25	+0.01
Calmar ratio: Return relative to maximum drawdown	1.42	2.60	-1.18
Martin ratio: Return relative to average drawdown	4.68	7.16	-2.48

SCHG vs. VDE - Sharpe Ratio Comparison

The current SCHG Sharpe Ratio is 1.45, which is comparable to the VDE Sharpe Ratio of 1.48. The chart below compares the historical Sharpe Ratios of SCHG and VDE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

SCHG vs. VDE - Drawdown Comparison

The maximum SCHG drawdown since its inception was -34.59%, smaller than the maximum VDE drawdown of -74.20%. Use the drawdown chart below to compare losses from any high point for SCHG and VDE.

Drawdown Indicators

	SCHG	VDE	Difference
Max Drawdown Largest peak-to-trough decline	-34.59%	-74.20%	+39.61%
Max Drawdown (1Y) Largest decline over 1 year	-16.41%	-11.80%	-4.61%
Max Drawdown (3Y) Largest decline over 3 years	-23.39%	-21.41%	-1.98%
Max Drawdown (5Y) Largest decline over 5 years	-34.59%	-26.58%	-8.01%
Max Drawdown (10Y) Largest decline over 10 years	-34.59%	-69.29%	+34.70%
Current Drawdown Current decline from peak	-3.06%	-11.41%	+8.35%
Average Drawdown Average peak-to-trough decline	-5.20%	-19.94%	+14.74%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.97%	4.27%	+0.70%

Volatility

SCHG vs. VDE - Volatility Comparison

The current volatility for Schwab U.S. Large-Cap Growth ETF (SCHG) is 5.59%, while Vanguard Energy ETF (VDE) has a volatility of 7.89%. This indicates that SCHG experiences smaller price fluctuations and is considered to be less risky than VDE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SCHG	VDE	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.59%	7.89%	-2.30%
Volatility (6M) Calculated over the trailing 6-month period	12.52%	16.98%	-4.46%
Volatility (1Y) Calculated over the trailing 1-year period	16.09%	20.74%	-4.65%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.35%	26.49%	-4.14%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.60%	29.96%	-8.36%

SCHG vs. VDE - Expense Ratio Comparison

SCHG has a 0.04% expense ratio, which is lower than VDE's 0.09% 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. VDE - Dividend Comparison

SCHG's dividend yield for the trailing twelve months is around 0.37%, less than VDE's 2.51% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%
VDE Vanguard Energy ETF	2.51%	3.11%	3.23%	3.34%	3.65%	4.13%	4.76%	3.42%	3.35%	2.90%	2.31%	3.17%

Frequently Asked Questions

Can I hold both SCHG and VDE in my portfolio?

SCHG and VDE have a correlation of -0.18, 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 VDE?

VDE has higher volatility (7.89%) compared to SCHG (5.59%). In terms of maximum drawdown, SCHG dropped -34.59% vs VDE's -74.20%.

Which ETF is better, SCHG or VDE?

On 10-year performance, SCHG leads with 18.85% vs 8.97% for VDE. 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.

Which ETF has performed better, SCHG or VDE?

Over the 10-year period, SCHG has performed better with a 18.85% return vs 8.97%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SCHG or VDE?

SCHG is cheaper with a 0.04% expense ratio, compared with 0.09% for VDE.

Which ETF pays a higher dividend yield, SCHG or VDE?

VDE has the higher dividend yield at 2.51%, compared with 0.37% for SCHG.

What is the main difference between SCHG and VDE?

SCHG is categorized as Large Cap Growth Equities, while VDE is Energy Equities. SCHG tracks Dow Jones U.S. Large-Cap Growth Total Stock Market Index, while VDE tracks MSCI US Investable Market Energy 25/50 Index. They also come from different issuers: Charles Schwab and Vanguard. Their fees differ too: 0.04% for SCHG and 0.09% for VDE.

Which has better risk-adjusted returns?

VDE currently has the higher Sharpe Ratio (1.48 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.