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SCHK vs. QUS
Performance
Return for Risk
Drawdowns
Volatility
Dividends

SCHK vs. QUS

Last updated Aug 4, 2026
Documentation

SCHK (Schwab 1000 Index ETF) and QUS (State Street SPDR MSCI USA StrategicFactors ETF) are both Large Cap Blend Equities funds - SCHK tracks the Schwab 1000 Index while QUS tracks the MSCI USA Factor Mix A-Series Capped Index. Both are passively managed. Over the past 5 years, SCHK returned 12.33%/yr vs 10.91%/yr for QUS. Their correlation of 0.94 means they have usually moved in the same direction. SCHK charges 0.03%/yr vs 0.15%/yr for QUS.

Performance

SCHK vs. QUS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Schwab 1000 Index ETF (SCHK) and State Street SPDR MSCI USA StrategicFactors ETF (QUS). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, SCHK achieves a 11.92% return, which is significantly higher than QUS's 10.23% return.

SCHK

1D
1.42%
1M
1.50%
6M
9.74%
YTD
11.92%
1Y
23.09%
3Y*
20.65%
5Y*
12.33%
10Y*
—
ALL TIME*
14.61%

QUS

1D
0.83%
1M
1.29%
6M
7.60%
YTD
10.23%
1Y
19.80%
3Y*
17.10%
5Y*
10.91%
10Y*
13.54%
ALL TIME*
12.75%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

PositionAvg. Volume Value (2W)Avg. Volume Value (1M)Avg. Volume Value (3M)

QUS

State Street SPDR MSCI USA StrategicFactors ETF
$3.01M$4.81M$3.43M

SCHK

Schwab 1000 Index ETF
$27.70M$27.97M$27.91M

SCHK vs. QUS - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
SCHK
Schwab 1000 Index ETF		11.92%17.23%24.48%26.63%-19.51%26.17%20.75%31.31%-5.09%5.24%
QUS
State Street SPDR MSCI USA StrategicFactors ETF		10.23%14.13%18.99%21.78%-14.15%26.72%12.40%32.45%-3.66%6.16%

Correlation

The correlation between SCHK and QUS is 0.82, meaning they have usually moved in the same direction, including during past declines.

Correlation
Correlation (1Y)
Focuses on recent behavior, but can change the most.

0.82

Correlation (3Y)
Balances recent behavior with more history.

0.89

Correlation (5Y)
Shows whether the relationship held over a longer period.

0.93

Correlation (All Time)
Calculated using the full available price history since Oct 11, 2017

0.94

The correlation between SCHK and QUS shifts across timeframes, from 0.82 (1 year) to 0.94 (all time), reflecting how their relationship changes across market environments.

SCHK vs. QUS - Sectors Allocation Comparison

Sectors
SCHK
QUS

Technology

36.7%
28.4%

Financial Services

11.8%
15.7%

Consumer Cyclical

9.6%
5.7%

Industrials

9.5%
8.1%

Communication Services

9.4%
8.2%

Healthcare

9.2%
14.4%

Consumer Defensive

4.5%
8.3%

Energy

3.1%
3.3%

Utilities

2.2%
3.9%

Real Estate

2.2%
1.6%

Basic Materials

1.9%
2.2%

Technology

SCHK
36.7%
QUS
28.4%

Financial Services

SCHK
11.8%
QUS
15.7%

Consumer Cyclical

SCHK
9.6%
QUS
5.7%

Industrials

SCHK
9.5%
QUS
8.1%

Communication Services

SCHK
9.4%
QUS
8.2%

Healthcare

SCHK
9.2%
QUS
14.4%

Consumer Defensive

SCHK
4.5%
QUS
8.3%

Energy

SCHK
3.1%
QUS
3.3%

Utilities

SCHK
2.2%
QUS
3.9%

Real Estate

SCHK
2.2%
QUS
1.6%

Basic Materials

SCHK
1.9%
QUS
2.2%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Schwab 1000 Index ETF

State Street SPDR MSCI USA StrategicFactors ETF

Often compared with SCHK:
SCHK vs. SCHBSCHK vs. SCHXSCHK vs. VOOSCHK vs. SCHGSCHK vs. VTISCHK vs. VONGSCHK vs. SCHD
Often compared with QUS:
QUS vs. IVVQUS vs. QUALQUS vs. JQUAQUS vs. SPYQUS vs. VOOQUS vs. DGTQUS vs. BERZ

Return for Risk

SCHK vs. QUS — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.
SCHK
SCHK Risk / Return Rank: 7676
Overall Rank
SCHK Sharpe Ratio Rank: 7676
Sharpe Ratio Rank
SCHK Sortino Ratio Rank: 7474
Sortino Ratio Rank
SCHK Omega Ratio Rank: 7474
Omega Ratio Rank
SCHK Calmar Ratio Rank: 7272
Calmar Ratio Rank
SCHK Martin Ratio Rank: 8282
Martin Ratio Rank
QUS
QUS Risk / Return Rank: 8585
Overall Rank
QUS Sharpe Ratio Rank: 8787
Sharpe Ratio Rank
QUS Sortino Ratio Rank: 8888
Sortino Ratio Rank
QUS Omega Ratio Rank: 8686
Omega Ratio Rank
QUS Calmar Ratio Rank: 7878
Calmar Ratio Rank
QUS Martin Ratio Rank: 8686
Martin Ratio Rank
The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

SCHK vs. QUS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Schwab 1000 Index ETF (SCHK) and State Street SPDR MSCI USA StrategicFactors ETF (QUS). 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.

SCHKQUSDifference
Sharpe ratioReturn per unit of total volatility
1.77
2.16

-0.39

Sortino ratioReturn per unit of downside risk
2.45
3.05

-0.60

Omega ratioGain probability vs. loss probability

1.32

1.39

-0.07

Calmar ratioReturn relative to maximum drawdown

2.59

2.90

-0.32

Martin ratioReturn relative to average drawdown

11.09

12.95

-1.86

SCHK vs. QUS - Sharpe Ratio Comparison

The current SCHK Sharpe Ratio is 1.77, which is comparable to the QUS Sharpe Ratio of 2.16. The chart below compares the historical Sharpe Ratios of SCHK and QUS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

SCHK vs. QUS - Drawdown Comparison

The maximum SCHK drawdown since its inception was -34.80%, roughly equal to the maximum QUS drawdown of -33.78%. Use the drawdown chart below to compare losses from any high point for SCHK and QUS.

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Drawdown Indicators

SCHKQUSDifference

Max Drawdown

Largest peak-to-trough decline

-34.80%

-33.78%

-1.02%

Max Drawdown (1Y)

Largest decline over 1 year

-8.97%

-6.85%

-2.12%

Max Drawdown (3Y)

Largest decline over 3 years

-19.21%

-13.94%

-5.27%

Max Drawdown (5Y)

Largest decline over 5 years

-25.44%

-22.30%

-3.14%

Max Drawdown (10Y)

Largest decline over 10 years

—

-33.78%

—

Current Drawdown

Current decline from peak

0.00%

0.00%

0.00%

Average Drawdown

Average peak-to-trough decline

-5.11%

-3.66%

-1.45%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.09%

1.53%

+0.56%

Volatility

SCHK vs. QUS - Volatility Comparison

Schwab 1000 Index ETF (SCHK) has a higher volatility of 3.78% compared to State Street SPDR MSCI USA StrategicFactors ETF (QUS) at 2.42%. This indicates that SCHK's price experiences larger fluctuations and is considered to be riskier than QUS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

SCHKQUSDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.78%

2.42%

+1.36%

Volatility (6M)

Calculated over the trailing 6-month period

10.36%

6.97%

+3.39%

Volatility (1Y)

Calculated over the trailing 1-year period

13.10%

9.22%

+3.88%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

17.36%

14.32%

+3.04%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

19.05%

16.40%

+2.65%

SCHK vs. QUS - Expense Ratio Comparison

SCHK has a 0.03% expense ratio, which is lower than QUS's 0.15% 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

SCHK vs. QUS - Dividend Comparison

SCHK's dividend yield for the trailing twelve months is around 1.02%, less than QUS's 1.27% yield.

PositionTTM20252024202320222021202020192018201720162015
QUS
State Street SPDR MSCI USA StrategicFactors ETF		1.27%1.38%1.49%1.57%1.68%1.27%1.73%1.81%2.12%1.86%2.07%1.48%
SCHK
Schwab 1000 Index ETF		1.02%1.09%1.20%1.38%1.57%1.17%1.58%1.82%1.80%0.31%0.00%0.00%

Frequently Asked Questions

SCHK and QUS have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

SCHK has higher volatility (3.78%) compared to QUS (2.42%). In terms of maximum drawdown, SCHK dropped -34.80% vs QUS's -33.78%.

On 5-year performance, SCHK leads with 12.33% vs 10.91% for QUS. On fees, SCHK is cheaper at 0.03% per year. On volatility, QUS has been the lower-risk option at 2.42%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 5-year period, SCHK has performed better with a 12.33% return vs 10.91%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

SCHK is cheaper with a 0.03% expense ratio, compared with 0.15% for QUS.

QUS has the higher dividend yield at 1.27%, compared with 1.02% for SCHK.

SCHK tracks Schwab 1000 Index, while QUS tracks MSCI USA Factor Mix A-Series Capped Index. They also come from different issuers: Charles Schwab and State Street. Their fees differ too: 0.03% for SCHK and 0.15% for QUS.

QUS currently has the higher Sharpe Ratio (2.16 vs 1.77), 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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