SCHW vs. IVZ
SCHW (The Charles Schwab Corporation) and IVZ (Invesco Ltd.) are both stocks. Both are in the Financial Services sector — SCHW in Capital Markets, IVZ in Asset Management. Over the past 10 years, SCHW returned 13.40%/yr vs 4.48%/yr for IVZ. At a 0.50 correlation, their price movements are largely independent.
Performance
SCHW vs. IVZ - Performance Comparison
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Returns By Period
In the year-to-date period, SCHW achieves a -11.23% return, which is significantly lower than IVZ's 6.54% return. Over the past 10 years, SCHW has outperformed IVZ with an annualized return of 13.40%, while IVZ has yielded a comparatively lower 4.48% annualized return.
SCHW
- 1D
- -0.86%
- 1M
- -0.60%
- YTD
- -11.23%
- 6M
- -5.92%
- 1Y
- 1.07%
- 3Y*
- 18.65%
- 5Y*
- 5.26%
- 10Y*
- 13.40%
IVZ
- 1D
- 0.73%
- 1M
- 0.64%
- YTD
- 6.54%
- 6M
- 8.44%
- 1Y
- 98.16%
- 3Y*
- 25.82%
- 5Y*
- 3.83%
- 10Y*
- 4.48%
SCHW vs. IVZ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SCHW The Charles Schwab Corporation | -11.23% | 36.65% | 9.17% | -15.97% | 0.11% | 60.23% | 13.57% | 16.38% | -18.43% | 31.15% |
IVZ Invesco Ltd. | 6.54% | 56.94% | 3.02% | 6.05% | -18.71% | 35.56% | 3.06% | 14.91% | -52.05% | 24.67% |
Correlation
The correlation between SCHW and IVZ is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.42 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.54 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.57 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.59 |
Correlation (All Time) Calculated using the full available price history since Aug 28, 1995 | 0.50 |
The correlation between SCHW and IVZ shifts across timeframes, from 0.42 (1 year) to 0.59 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
SCHW:
$5.26
IVZ:
-$0.62
SCHW:
6.53
IVZ:
1.96
SCHW:
$24.17B
IVZ:
$6.38B
SCHW:
$18.86B
IVZ:
$2.75B
SCHW:
$13.11B
IVZ:
$1.38B
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Return for Risk
SCHW vs. IVZ — Risk / Return Rank
SCHW
IVZ
SCHW vs. IVZ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for The Charles Schwab Corporation (SCHW) and Invesco Ltd. (IVZ). 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.
| SCHW | IVZ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.77 | ||
| Sortino ratioReturn per unit of downside risk | -3.28 | ||
| Omega ratioGain probability vs. loss probability | 1.03 | 1.46 | -0.43 |
| Calmar ratioReturn relative to maximum drawdown | 0.05 | 4.48 | -4.43 |
| Martin ratioReturn relative to average drawdown | 0.13 | 12.09 | -11.96 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| SCHW | IVZ | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.04 | 2.82 | -2.77 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.16 | 0.11 | +0.06 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.40 | 0.11 | +0.29 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.42 | 0.18 | +0.24 |
Drawdowns
SCHW vs. IVZ - Drawdown Comparison
The maximum SCHW drawdown since its inception was -86.79%, roughly equal to the maximum IVZ drawdown of -83.91%. Use the drawdown chart below to compare losses from any high point for SCHW and IVZ.
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Drawdown Indicators
| SCHW | IVZ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -86.79% | -83.91% | -2.88% |
Max Drawdown (1Y)Largest decline over 1 year | -19.83% | -22.03% | +2.20% |
Max Drawdown (3Y)Largest decline over 3 years | -27.11% | -36.52% | +9.41% |
Max Drawdown (5Y)Largest decline over 5 years | -49.70% | -53.40% | +3.70% |
Max Drawdown (10Y)Largest decline over 10 years | -51.08% | -79.72% | +28.64% |
Current DrawdownCurrent decline from peak | -17.27% | -4.93% | -12.34% |
Average DrawdownAverage peak-to-trough decline | -35.54% | -36.00% | +0.46% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.26% | 8.15% | +0.11% |
Volatility
SCHW vs. IVZ - Volatility Comparison
The current volatility for The Charles Schwab Corporation (SCHW) is 7.73%, while Invesco Ltd. (IVZ) has a volatility of 9.52%. This indicates that SCHW experiences smaller price fluctuations and is considered to be less risky than IVZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SCHW | IVZ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.73% | 9.52% | -1.79% |
Volatility (6M)Calculated over the trailing 6-month period | 19.69% | 25.49% | -5.80% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.04% | 35.09% | -11.05% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 32.24% | 36.58% | -4.34% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.42% | 39.41% | -5.99% |
Dividends
SCHW vs. IVZ - Dividend Comparison
SCHW's dividend yield for the trailing twelve months is around 1.34%, less than IVZ's 3.07% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IVZ Invesco Ltd. | 3.07% | 3.18% | 4.66% | 6.15% | 4.07% | 2.89% | 4.45% | 6.84% | 7.11% | 3.15% | 3.66% | 3.17% |
SCHW The Charles Schwab Corporation | 1.34% | 1.08% | 1.35% | 1.45% | 1.01% | 0.86% | 1.36% | 1.43% | 1.11% | 0.62% | 0.68% | 0.73% |
Financials
SCHW vs. IVZ - Financials Comparison
This section allows you to compare key financial metrics between The Charles Schwab Corporation and Invesco Ltd.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
SCHW vs. IVZ - Profitability Comparison
SCHW - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, The Charles Schwab Corporation reported a gross profit of 1.03B and revenue of 3.14B. Therefore, the gross margin over that period was 32.7%.
IVZ - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Invesco Ltd. reported a gross profit of 1.13B and revenue of 1.69B. Therefore, the gross margin over that period was 67.0%.
SCHW - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, The Charles Schwab Corporation reported an operating income of -730.00M and revenue of 3.14B, resulting in an operating margin of -23.2%.
IVZ - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Invesco Ltd. reported an operating income of -1.46B and revenue of 1.69B, resulting in an operating margin of -86.2%.
SCHW - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, The Charles Schwab Corporation reported a net income of 2.48B and revenue of 3.14B, resulting in a net margin of 78.9%.
IVZ - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Invesco Ltd. reported a net income of -1.06B and revenue of 1.69B, resulting in a net margin of -62.7%.
Frequently Asked Questions
SCHW and IVZ have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IVZ has higher volatility (9.52%) compared to SCHW (7.73%). In terms of maximum drawdown, SCHW dropped -86.79% vs IVZ's -83.91%.
IVZ currently has the higher Sharpe Ratio (2.82 vs 0.04), 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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