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SCHX vs. ITOT
Performance
Return for Risk
Drawdowns
Volatility
Dividends

SCHX vs. ITOT

Last updated Jun 6, 2026

SCHX (Schwab U.S. Large-Cap ETF) and ITOT (iShares Core S&P Total U.S. Stock Market ETF) are both Large Cap Blend Equities funds - SCHX tracks the Dow Jones U.S. Large-Cap Total Stock Market Index while ITOT tracks the S&P Total Market Index. Both are passively managed. Over the past 10 years, SCHX returned 15.08%/yr vs 14.67%/yr for ITOT. With a 0.99 correlation, they move nearly in lockstep. Both charge a 0.03% expense ratio.

Performance

SCHX vs. ITOT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Schwab U.S. Large-Cap ETF (SCHX) and iShares Core S&P Total U.S. Stock Market ETF (ITOT). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, SCHX achieves a 8.26% return, which is significantly lower than ITOT's 8.76% return. Both investments have delivered pretty close results over the past 10 years, with SCHX having a 15.08% annualized return and ITOT not far behind at 14.67%.

SCHX

1D
-2.65%
1M
0.55%
YTD
8.26%
6M
7.86%
1Y
25.11%
3Y*
21.43%
5Y*
12.78%
10Y*
15.08%

ITOT

1D
-2.71%
1M
0.38%
YTD
8.76%
6M
8.31%
1Y
25.86%
3Y*
21.07%
5Y*
12.18%
10Y*
14.67%
*Multi-year figures are annualized to reflect compound growth (CAGR)

SCHX vs. ITOT - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
SCHX
Schwab U.S. Large-Cap ETF		8.26%17.46%24.88%26.84%-19.41%26.81%20.81%31.22%-4.66%21.95%
ITOT
iShares Core S&P Total U.S. Stock Market ETF		8.76%17.00%23.80%26.12%-19.47%25.68%20.71%30.67%-5.33%21.37%

Correlation

The correlation between SCHX and ITOT is 0.99 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.99

Correlation (3Y)
Calculated over the trailing 3-year period

1.00

Correlation (5Y)
Calculated over the trailing 5-year period

1.00

Correlation (10Y)
Calculated over the trailing 10-year period

0.99

Correlation (All Time)
Calculated using the full available price history since Nov 4, 2009

0.99

The correlation between SCHX and ITOT has been stable across timeframes, ranging from 0.99 to 1.00 - a consistent structural relationship.

SCHX vs. ITOT - Sectors Allocation Comparison

Sectors
SCHX
ITOT

Technology

37.5%
33.8%

Communication Services

10.3%
10.3%

Financial Services

9.9%
12.1%

Consumer Cyclical

9.7%
10.1%

Industrials

8.5%
9.5%

Healthcare

8.4%
9.0%

Consumer Defensive

4.5%
4.7%

Energy

3.4%
3.7%

Utilities

2.6%
2.3%

Real Estate

2.0%
2.4%

Basic Materials

1.8%
2.1%

Technology

SCHX
37.5%
ITOT
33.8%

Communication Services

SCHX
10.3%
ITOT
10.3%

Financial Services

SCHX
9.9%
ITOT
12.1%

Consumer Cyclical

SCHX
9.7%
ITOT
10.1%

Industrials

SCHX
8.5%
ITOT
9.5%

Healthcare

SCHX
8.4%
ITOT
9.0%

Consumer Defensive

SCHX
4.5%
ITOT
4.7%

Energy

SCHX
3.4%
ITOT
3.7%

Utilities

SCHX
2.6%
ITOT
2.3%

Real Estate

SCHX
2.0%
ITOT
2.4%

Basic Materials

SCHX
1.8%
ITOT
2.1%

Compare stocks, funds, or ETFs

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

Schwab U.S. Large-Cap ETF

iShares Core S&P Total U.S. Stock Market ETF

Often compared with SCHX:
SCHX vs. VOOSCHX vs. SWPPXSCHX vs. SCHGSCHX vs. SCHBSCHX vs. SCHDSCHX vs. SPYSCHX vs. FNDX
Often compared with ITOT:
ITOT vs. VTIITOT vs. VOOITOT vs. SCHBITOT vs. SPYITOT vs. FSKAXITOT vs. IVVITOT vs. IXUS

Return for Risk

SCHX vs. ITOT — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
SCHX
SCHX Risk / Return Rank: 6262
Overall Rank
SCHX Sharpe Ratio Rank: 6262
Sharpe Ratio Rank
SCHX Sortino Ratio Rank: 6060
Sortino Ratio Rank
SCHX Omega Ratio Rank: 6262
Omega Ratio Rank
SCHX Calmar Ratio Rank: 5858
Calmar Ratio Rank
SCHX Martin Ratio Rank: 6969
Martin Ratio Rank
ITOT
ITOT Risk / Return Rank: 6464
Overall Rank
ITOT Sharpe Ratio Rank: 6464
Sharpe Ratio Rank
ITOT Sortino Ratio Rank: 6161
Sortino Ratio Rank
ITOT Omega Ratio Rank: 6363
Omega Ratio Rank
ITOT Calmar Ratio Rank: 6060
Calmar Ratio Rank
ITOT Martin Ratio Rank: 7272
Martin Ratio Rank
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.

SCHX vs. ITOT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Schwab U.S. Large-Cap ETF (SCHX) and iShares Core S&P Total U.S. Stock Market ETF (ITOT). 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.

SCHXITOTDifference
Sharpe ratioReturn per unit of total volatility
2.05
2.08

-0.02

Sortino ratioReturn per unit of downside risk
2.77
2.80

-0.03

Omega ratioGain probability vs. loss probability

1.37

1.37

0.00

Calmar ratioReturn relative to maximum drawdown

2.80

2.92

-0.12

Martin ratioReturn relative to average drawdown

12.66

13.34

-0.68

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SCHX vs. ITOT - Sharpe Ratio Comparison

The current SCHX Sharpe Ratio is 2.05, which is comparable to the ITOT Sharpe Ratio of 2.08. The chart below compares the historical Sharpe Ratios of SCHX and ITOT, 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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Sharpe Ratios by Period

SCHXITOTDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.05

2.08

-0.02

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.75

0.70

+0.04

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.83

0.80

+0.03

Sharpe Ratio (All Time)

Calculated using the full available price history

0.84

0.57

+0.28

Drawdowns

SCHX vs. ITOT - Drawdown Comparison

The maximum SCHX drawdown since its inception was -34.33%, smaller than the maximum ITOT drawdown of -55.20%. Use the drawdown chart below to compare losses from any high point for SCHX and ITOT.

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Drawdown Indicators

SCHXITOTDifference

Max Drawdown

Largest peak-to-trough decline

-34.33%

-55.20%

+20.87%

Max Drawdown (1Y)

Largest decline over 1 year

-9.02%

-8.90%

-0.12%

Max Drawdown (3Y)

Largest decline over 3 years

-19.04%

-19.44%

+0.40%

Max Drawdown (5Y)

Largest decline over 5 years

-25.41%

-25.36%

-0.05%

Max Drawdown (10Y)

Largest decline over 10 years

-34.33%

-35.00%

+0.67%

Current Drawdown

Current decline from peak

-2.91%

-2.95%

+0.04%

Average Drawdown

Average peak-to-trough decline

-3.97%

-6.97%

+3.00%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.99%

1.94%

+0.05%

Volatility

SCHX vs. ITOT - Volatility Comparison

Schwab U.S. Large-Cap ETF (SCHX) and iShares Core S&P Total U.S. Stock Market ETF (ITOT) have volatilities of 3.85% and 3.93%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

SCHXITOTDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.85%

3.93%

-0.08%

Volatility (6M)

Calculated over the trailing 6-month period

9.44%

9.56%

-0.12%

Volatility (1Y)

Calculated over the trailing 1-year period

12.29%

12.51%

-0.22%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

17.16%

17.39%

-0.23%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

18.16%

18.28%

-0.12%

SCHX vs. ITOT - Expense Ratio Comparison

Both SCHX and ITOT have an expense ratio of 0.03%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.

Dividends

SCHX vs. ITOT - Dividend Comparison

SCHX's dividend yield for the trailing twelve months is around 1.03%, more than ITOT's 1.00% yield.

PositionTTM20252024202320222021202020192018201720162015
ITOT
iShares Core S&P Total U.S. Stock Market ETF		1.00%1.11%1.23%1.47%1.66%1.18%1.41%1.88%2.14%1.69%1.83%2.01%
SCHX
Schwab U.S. Large-Cap ETF		1.03%1.09%1.22%1.39%1.64%1.22%1.64%1.82%2.02%1.70%1.92%2.04%

Frequently Asked Questions

With a correlation of 0.99, SCHX and ITOT move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

ITOT has higher volatility (3.93%) compared to SCHX (3.85%). In terms of maximum drawdown, SCHX dropped -34.33% vs ITOT's -55.20%.

On 10-year performance, SCHX leads with 15.08% vs 14.67% for ITOT. Both ETFs have the same 0.03% expense ratio. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 10-year period, SCHX has performed better with a 15.08% return vs 14.67%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

SCHX and ITOT have the same expense ratio: 0.03% per year.

SCHX has the higher dividend yield at 1.03%, compared with 1.00% for ITOT.

SCHX tracks Dow Jones U.S. Large-Cap Total Stock Market Index, while ITOT tracks S&P Total Market Index. They also come from different issuers: Charles Schwab and iShares.

ITOT currently has the higher Sharpe Ratio (2.08 vs 2.05), 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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