SCHK vs. RSP
Compare and contrast key facts about Schwab 1000 Index ETF (SCHK) and Invesco S&P 500 Equal Weight ETF (RSP).
SCHK and RSP are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SCHK is a passively managed fund by Charles Schwab that tracks the performance of the Schwab 1000 Index. It was launched on Oct 11, 2017. RSP is a passively managed fund by Invesco that tracks the performance of the S&P 500 Equal Weight Index. It was launched on Apr 24, 2003. Both SCHK and RSP are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
SCHK vs. RSP - Performance Comparison
Loading graphics...
SCHK vs. RSP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SCHK Schwab 1000 Index ETF | -3.51% | 17.23% | 24.48% | 26.63% | -19.51% | 26.17% | 20.75% | 31.31% | -5.09% | 5.07% |
RSP Invesco S&P 500 Equal Weight ETF | 0.94% | 11.21% | 12.79% | 13.70% | -11.62% | 29.41% | 12.66% | 28.91% | -7.84% | 5.27% |
Returns By Period
In the year-to-date period, SCHK achieves a -3.51% return, which is significantly lower than RSP's 0.94% return.
SCHK
- 1D
- 0.73%
- 1M
- -4.38%
- YTD
- -3.51%
- 6M
- -1.54%
- 1Y
- 18.17%
- 3Y*
- 18.37%
- 5Y*
- 11.09%
- 10Y*
- —
RSP
- 1D
- 0.32%
- 1M
- -5.49%
- YTD
- 0.94%
- 6M
- 2.11%
- 1Y
- 12.90%
- 3Y*
- 11.84%
- 5Y*
- 7.88%
- 10Y*
- 11.21%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
SCHK vs. RSP - Expense Ratio Comparison
SCHK has a 0.05% expense ratio, which is lower than RSP's 0.20% 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%.
Return for Risk
SCHK vs. RSP — Risk / Return Rank
SCHK
RSP
SCHK vs. RSP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab 1000 Index ETF (SCHK) and Invesco S&P 500 Equal Weight ETF (RSP). 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.
| SCHK | RSP | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.98 | 0.75 | +0.23 |
Sortino ratioReturn per unit of downside risk | 1.50 | 1.17 | +0.33 |
Omega ratioGain probability vs. loss probability | 1.23 | 1.17 | +0.06 |
Calmar ratioReturn relative to maximum drawdown | 1.51 | 1.04 | +0.47 |
Martin ratioReturn relative to average drawdown | 7.17 | 4.64 | +2.52 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| SCHK | RSP | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.98 | 0.75 | +0.23 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.65 | 0.49 | +0.16 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.61 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.69 | 0.55 | +0.14 |
Correlation
The correlation between SCHK and RSP is 0.90, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
SCHK vs. RSP - Dividend Comparison
SCHK's dividend yield for the trailing twelve months is around 1.16%, less than RSP's 1.62% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SCHK Schwab 1000 Index ETF | 1.16% | 1.09% | 1.20% | 1.38% | 1.57% | 1.17% | 1.58% | 1.82% | 1.80% | 0.31% | 0.00% | 0.00% |
RSP Invesco S&P 500 Equal Weight ETF | 1.62% | 1.64% | 1.52% | 1.64% | 1.82% | 1.28% | 1.64% | 1.69% | 2.02% | 1.52% | 1.20% | 1.70% |
Drawdowns
SCHK vs. RSP - Drawdown Comparison
The maximum SCHK drawdown since its inception was -34.80%, smaller than the maximum RSP drawdown of -59.92%. Use the drawdown chart below to compare losses from any high point for SCHK and RSP.
Loading graphics...
Drawdown Indicators
| SCHK | RSP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.80% | -59.92% | +25.12% |
Max Drawdown (1Y)Largest decline over 1 year | -12.31% | -12.54% | +0.23% |
Max Drawdown (5Y)Largest decline over 5 years | -25.44% | -21.38% | -4.06% |
Max Drawdown (10Y)Largest decline over 10 years | — | -39.04% | — |
Current DrawdownCurrent decline from peak | -5.55% | -5.66% | +0.11% |
Average DrawdownAverage peak-to-trough decline | -5.27% | -6.69% | +1.42% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.60% | 2.80% | -0.20% |
Volatility
SCHK vs. RSP - Volatility Comparison
Schwab 1000 Index ETF (SCHK) has a higher volatility of 5.49% compared to Invesco S&P 500 Equal Weight ETF (RSP) at 4.40%. This indicates that SCHK's price experiences larger fluctuations and is considered to be riskier than RSP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| SCHK | RSP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.49% | 4.40% | +1.09% |
Volatility (6M)Calculated over the trailing 6-month period | 9.80% | 8.84% | +0.96% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.61% | 17.16% | +1.45% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.24% | 16.20% | +1.04% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.23% | 18.36% | +0.87% |