SCHV vs. SWISX

Last updated Jun 9, 2026

SCHV (Schwab U.S. Large-Cap Value ETF) and SWISX (Schwab International Index Fund) are both funds - SCHV is a Large Cap Value Equities fund tracking the Dow Jones U.S. Large-Cap Value Total Stock Market Index, while SWISX is a Foreign Large Cap Equities fund tracking the MSCI EAFE Index (Net). Both are passively managed. Over the past 10 years, SCHV returned 11.38%/yr vs 8.88%/yr for SWISX. A 0.79 correlation means they provide meaningful diversification when combined. SCHV charges 0.04%/yr vs 0.06%/yr for SWISX.

Performance

SCHV vs. SWISX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Schwab U.S. Large-Cap Value ETF (SCHV) and Schwab International Index Fund (SWISX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SCHV achieves a 14.24% return, which is significantly higher than SWISX's 6.62% return. Over the past 10 years, SCHV has outperformed SWISX with an annualized return of 11.38%, while SWISX has yielded a comparatively lower 8.88% annualized return.

SCHV

• 1D: 0.45%
• 1M: 3.06%
• YTD: 14.24%
• 6M: 15.31%
• 1Y: 26.78%
• 3Y*: 18.05%
• 5Y*: 10.33%
• 10Y*: 11.38%

SWISX

• 1D: -2.52%
• 1M: -1.61%
• YTD: 6.62%
• 6M: 9.04%
• 1Y: 18.18%
• 3Y*: 15.81%
• 5Y*: 7.96%
• 10Y*: 8.88%

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

SCHV vs. SWISX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SCHV Schwab U.S. Large-Cap Value ETF	14.24%	16.02%	14.13%	8.93%	-7.65%	25.58%	2.64%	25.92%	-7.30%	16.56%
SWISX Schwab International Index Fund	6.62%	31.59%	3.54%	18.13%	-14.30%	11.25%	8.14%	21.87%	-13.38%	25.32%

Correlation

The correlation between SCHV and SWISX is 0.73, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.73
Correlation (3Y) Calculated over the trailing 3-year period	0.69
Correlation (5Y) Calculated over the trailing 5-year period	0.75
Correlation (10Y) Calculated over the trailing 10-year period	0.75
Correlation (All Time) Calculated using the full available price history since Dec 14, 2009	0.79

The correlation between SCHV and SWISX has been stable across timeframes, ranging from 0.69 to 0.79 - a consistent structural relationship.

SCHV vs. SWISX - Sectors Allocation Comparison

Sectors	SCHV	SWISX
Financial Services	19.6%	24.4%
Technology	18.2%	10.7%
Industrials	14.0%	20.3%
Healthcare	11.3%	9.2%
Consumer Defensive	8.8%	7.0%
Energy	7.2%	4.1%
Consumer Cyclical	6.9%	7.7%
Utilities	4.6%	4.0%
Real Estate	4.1%	2.0%
Basic Materials	2.8%	6.1%
Communication Services	2.5%	4.6%

Return for Risk

SCHV vs. SWISX — Risk / Return Rank

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

SCHV

SCHV Risk / Return Rank: 84
SCHV Sharpe Ratio Rank: 85
SCHV Sortino Ratio Rank: 86
SCHV Omega Ratio Rank: 82
SCHV Calmar Ratio Rank: 82
SCHV Martin Ratio Rank: 84

SWISX

SWISX Risk / Return Rank: 22
SWISX Sharpe Ratio Rank: 20
SWISX Sortino Ratio Rank: 20
SWISX Omega Ratio Rank: 20
SWISX Calmar Ratio Rank: 23
SWISX Martin Ratio Rank: 27

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.

SCHV vs. SWISX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Schwab U.S. Large-Cap Value ETF (SCHV) and Schwab International Index Fund (SWISX). 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.

	SCHV	SWISX	Difference
Sharpe ratio: Return per unit of total volatility	2.50	1.22	+1.28
Sortino ratio: Return per unit of downside risk	3.51	1.76	+1.75
Omega ratio: Gain probability vs. loss probability	1.44	1.22	+0.22
Calmar ratio: Return relative to maximum drawdown	3.94	1.64	+2.30
Martin ratio: Return relative to average drawdown	15.87	6.15	+9.72
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SCHV vs. SWISX - Sharpe Ratio Comparison

The current SCHV Sharpe Ratio is 2.50, which is higher than the SWISX Sharpe Ratio of 1.22. The chart below compares the historical Sharpe Ratios of SCHV and SWISX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	SCHV	SWISX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.50	1.22	+1.28
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.71	0.49	+0.22
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.67	0.53	+0.15
Sharpe Ratio (All Time) Calculated using the full available price history	0.71	0.30	+0.41

Drawdowns

SCHV vs. SWISX - Drawdown Comparison

The maximum SCHV drawdown since its inception was -37.08%, smaller than the maximum SWISX drawdown of -60.65%. Use the drawdown chart below to compare losses from any high point for SCHV and SWISX.

Drawdown Indicators

	SCHV	SWISX	Difference
Max Drawdown Largest peak-to-trough decline	-37.08%	-60.65%	+23.57%
Max Drawdown (1Y) Largest decline over 1 year	-6.83%	-11.39%	+4.56%
Max Drawdown (3Y) Largest decline over 3 years	-15.26%	-13.68%	-1.58%
Max Drawdown (5Y) Largest decline over 5 years	-19.78%	-29.42%	+9.64%
Max Drawdown (10Y) Largest decline over 10 years	-37.08%	-33.83%	-3.25%
Current Drawdown Current decline from peak	-1.49%	-3.13%	+1.64%
Average Drawdown Average peak-to-trough decline	-3.83%	-14.81%	+10.98%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.69%	3.04%	-1.35%

Volatility

SCHV vs. SWISX - Volatility Comparison

The current volatility for Schwab U.S. Large-Cap Value ETF (SCHV) is 3.33%, while Schwab International Index Fund (SWISX) has a volatility of 4.52%. This indicates that SCHV experiences smaller price fluctuations and is considered to be less risky than SWISX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SCHV	SWISX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.33%	4.52%	-1.19%
Volatility (6M) Calculated over the trailing 6-month period	8.37%	12.65%	-4.28%
Volatility (1Y) Calculated over the trailing 1-year period	10.80%	15.38%	-4.58%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.53%	16.32%	-1.79%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.95%	16.89%	+0.06%

SCHV vs. SWISX - Expense Ratio Comparison

SCHV has a 0.04% expense ratio, which is lower than SWISX's 0.06% 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

SCHV vs. SWISX - Dividend Comparison

SCHV's dividend yield for the trailing twelve months is around 1.78%, less than SWISX's 3.33% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SCHV Schwab U.S. Large-Cap Value ETF	1.78%	2.02%	2.25%	2.42%	2.37%	1.93%	3.03%	3.02%	3.05%	2.37%	2.65%	2.69%
SWISX Schwab International Index Fund	3.33%	3.55%	3.29%	3.31%	2.73%	3.34%	1.88%	3.09%	3.15%	2.71%	3.19%	2.71%

Frequently Asked Questions

Can I hold both SCHV and SWISX in my portfolio?

SCHV and SWISX have a correlation of 0.73, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SCHV or SWISX?

SWISX has higher volatility (4.52%) compared to SCHV (3.33%). In terms of maximum drawdown, SCHV dropped -37.08% vs SWISX's -60.65%.

Which has better risk-adjusted returns?

SCHV currently has the higher Sharpe Ratio (2.50 vs 1.22), 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.