SCHG vs. VMFXX
SCHG (Schwab U.S. Large-Cap Growth ETF) and VMFXX (Vanguard Federal Money Market Fund) 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 VMFXX is a Money Market fund managed by Vanguard. Over the past 5 years, SCHG returned 13.54%/yr vs 3.08%/yr for VMFXX. At a 0.02 correlation, their price movements are largely independent. SCHG charges 0.04%/yr vs 0.11%/yr for VMFXX.
Performance
SCHG vs. VMFXX - Performance Comparison
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Returns By Period
In the year-to-date period, SCHG achieves a 5.02% return, which is significantly higher than VMFXX's 1.80% return.
SCHG
- 1D
- -1.30%
- 1M
- 2.26%
- 6M
- 5.86%
- YTD
- 5.02%
- 1Y
- 15.45%
- 3Y*
- 21.11%
- 5Y*
- 13.54%
- 10Y*
- 18.34%
VMFXX
- 1D
- 0.00%
- 1M
- 0.29%
- 6M
- 1.80%
- YTD
- 1.80%
- 1Y
- 3.90%
- 3Y*
- 4.37%
- 5Y*
- 3.08%
- 10Y*
- —
SCHG vs. VMFXX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
SCHG Schwab U.S. Large-Cap Growth ETF | 5.02% | 17.50% | 34.95% | 50.10% | -31.80% | 20.05% |
VMFXX Vanguard Federal Money Market Fund | 1.80% | 4.24% | 4.83% | 4.64% | 0.00% | 0.00% |
Correlation
The correlation between SCHG and VMFXX is 0.02, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.02 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.00 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.02 |
Correlation (All Time) Calculated using the full available price history since May 25, 2021 | 0.02 |
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Return for Risk
SCHG vs. VMFXX — Risk / Return Rank
SCHG
VMFXX
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
SCHG vs. VMFXX - 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 Federal Money Market Fund (VMFXX). 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 | VMFXX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.73 | ||
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.17 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 0.95 | — | — |
| Martin ratioReturn relative to average drawdown | 3.03 | — | — |
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Drawdowns
SCHG vs. VMFXX - Drawdown Comparison
The maximum SCHG drawdown since its inception was -34.59%, which is greater than VMFXX's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for SCHG and VMFXX.
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Drawdown Indicators
| SCHG | VMFXX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.59% | 0.00% | -34.59% |
Max Drawdown (1Y)Largest decline over 1 year | -16.41% | 0.00% | -16.41% |
Max Drawdown (3Y)Largest decline over 3 years | -23.39% | 0.00% | -23.39% |
Max Drawdown (5Y)Largest decline over 5 years | -34.59% | 0.00% | -34.59% |
Max Drawdown (10Y)Largest decline over 10 years | -34.59% | — | — |
Current DrawdownCurrent decline from peak | -3.07% | 0.00% | -3.07% |
Average DrawdownAverage peak-to-trough decline | -5.19% | 0.00% | -5.19% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.12% | 0.00% | +5.12% |
Volatility
SCHG vs. VMFXX - Volatility Comparison
Schwab U.S. Large-Cap Growth ETF (SCHG) has a higher volatility of 4.74% compared to Vanguard Federal Money Market Fund (VMFXX) at 0.29%. This indicates that SCHG's price experiences larger fluctuations and is considered to be riskier than VMFXX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SCHG | VMFXX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.74% | 0.29% | +4.45% |
Volatility (6M)Calculated over the trailing 6-month period | 12.82% | 0.71% | +12.11% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.40% | 1.10% | +15.30% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.41% | 1.08% | +21.33% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.57% | 1.07% | +20.50% |
SCHG vs. VMFXX - Expense Ratio Comparison
SCHG has a 0.04% expense ratio, which is lower than VMFXX's 0.11% 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. VMFXX - Dividend Comparison
SCHG's dividend yield for the trailing twelve months is around 0.38%, less than VMFXX's 3.82% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
VMFXX Vanguard Federal Money Market Fund | 3.82% | 4.14% | 4.70% | 4.53% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
SCHG and VMFXX have a correlation of 0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SCHG has higher volatility (4.74%) compared to VMFXX (0.29%). In terms of maximum drawdown, SCHG dropped -34.59% vs VMFXX's 0.00%.
VMFXX currently has the higher Sharpe Ratio (3.67 vs 0.95), 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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