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SCHX vs. SPTM
Performance
Return for Risk
Drawdowns
Volatility
Dividends

SCHX vs. SPTM

Last updated Jun 6, 2026

SCHX (Schwab U.S. Large-Cap ETF) and SPTM (SPDR Portfolio S&P 1500 Composite Stock Market ETF) are both Large Cap Blend Equities funds - SCHX tracks the Dow Jones U.S. Large-Cap Total Stock Market Index while SPTM tracks the S&P Composite 1500 Index. Both are passively managed. Over the past 10 years, SCHX returned 15.08%/yr vs 14.91%/yr for SPTM. With a 0.95 correlation, they move nearly in lockstep. Both charge a 0.03% expense ratio.

Performance

SCHX vs. SPTM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Schwab U.S. Large-Cap ETF (SCHX) and SPDR Portfolio S&P 1500 Composite Stock Market ETF (SPTM). 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 SPTM's 8.71% return. Both investments have delivered pretty close results over the past 10 years, with SCHX having a 15.08% annualized return and SPTM not far behind at 14.91%.

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%

SPTM

1D
-2.56%
1M
0.35%
YTD
8.71%
6M
8.42%
1Y
25.81%
3Y*
20.95%
5Y*
12.89%
10Y*
14.91%
*Multi-year figures are annualized to reflect compound growth (CAGR)

SCHX vs. SPTM - 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%
SPTM
SPDR Portfolio S&P 1500 Composite Stock Market ETF		8.71%16.93%23.87%25.55%-17.75%28.58%17.94%31.34%-5.30%21.18%

Correlation

The correlation between SCHX and SPTM is 1.00 - 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

1.00

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

0.95

The correlation between SCHX and SPTM has been stable across timeframes, ranging from 0.95 to 1.00 - a consistent structural relationship.

SCHX vs. SPTM - Sectors Allocation Comparison

Sectors
SCHX
SPTM

Technology

37.5%
34.0%

Communication Services

10.3%
10.5%

Financial Services

9.9%
12.1%

Consumer Cyclical

9.7%
10.3%

Industrials

8.5%
9.4%

Healthcare

8.4%
8.6%

Consumer Defensive

4.5%
4.8%

Energy

3.4%
3.7%

Utilities

2.6%
2.3%

Real Estate

2.0%
2.3%

Basic Materials

1.8%
2.0%

Technology

SCHX
37.5%
SPTM
34.0%

Communication Services

SCHX
10.3%
SPTM
10.5%

Financial Services

SCHX
9.9%
SPTM
12.1%

Consumer Cyclical

SCHX
9.7%
SPTM
10.3%

Industrials

SCHX
8.5%
SPTM
9.4%

Healthcare

SCHX
8.4%
SPTM
8.6%

Consumer Defensive

SCHX
4.5%
SPTM
4.8%

Energy

SCHX
3.4%
SPTM
3.7%

Utilities

SCHX
2.6%
SPTM
2.3%

Real Estate

SCHX
2.0%
SPTM
2.3%

Basic Materials

SCHX
1.8%
SPTM
2.0%

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

SPDR Portfolio S&P 1500 Composite 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 SPTM:
SPTM vs. VTISPTM vs. SPYSPTM vs. VOOSPTM vs. ITOTSPTM vs. SCHGSPTM vs. BKLCSPTM vs. SCHD

Return for Risk

SCHX vs. SPTM — 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
SPTM
SPTM Risk / Return Rank: 6666
Overall Rank
SPTM Sharpe Ratio Rank: 6666
Sharpe Ratio Rank
SPTM Sortino Ratio Rank: 6464
Sortino Ratio Rank
SPTM Omega Ratio Rank: 6666
Omega Ratio Rank
SPTM Calmar Ratio Rank: 6262
Calmar Ratio Rank
SPTM Martin Ratio Rank: 7575
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. SPTM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Schwab U.S. Large-Cap ETF (SCHX) and SPDR Portfolio S&P 1500 Composite Stock Market ETF (SPTM). 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.

SCHXSPTMDifference
Sharpe ratioReturn per unit of total volatility
2.05
2.13

-0.08

Sortino ratioReturn per unit of downside risk
2.77
2.88

-0.11

Omega ratioGain probability vs. loss probability

1.37

1.39

-0.01

Calmar ratioReturn relative to maximum drawdown

2.80

2.99

-0.19

Martin ratioReturn relative to average drawdown

12.66

13.86

-1.20

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. SPTM - Sharpe Ratio Comparison

The current SCHX Sharpe Ratio is 2.05, which is comparable to the SPTM Sharpe Ratio of 2.13. The chart below compares the historical Sharpe Ratios of SCHX and SPTM, 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

SCHXSPTMDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.05

2.13

-0.08

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.75

0.77

-0.02

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.83

0.83

0.00

Sharpe Ratio (All Time)

Calculated using the full available price history

0.84

0.45

+0.39

Drawdowns

SCHX vs. SPTM - Drawdown Comparison

The maximum SCHX drawdown since its inception was -34.33%, smaller than the maximum SPTM drawdown of -54.80%. Use the drawdown chart below to compare losses from any high point for SCHX and SPTM.

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Drawdown Indicators

SCHXSPTMDifference

Max Drawdown

Largest peak-to-trough decline

-34.33%

-54.80%

+20.47%

Max Drawdown (1Y)

Largest decline over 1 year

-9.02%

-8.68%

-0.34%

Max Drawdown (3Y)

Largest decline over 3 years

-19.04%

-18.87%

-0.17%

Max Drawdown (5Y)

Largest decline over 5 years

-25.41%

-24.14%

-1.27%

Max Drawdown (10Y)

Largest decline over 10 years

-34.33%

-34.66%

+0.33%

Current Drawdown

Current decline from peak

-2.91%

-2.80%

-0.11%

Average Drawdown

Average peak-to-trough decline

-3.97%

-9.05%

+5.08%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.99%

1.87%

+0.12%

Volatility

SCHX vs. SPTM - Volatility Comparison

Schwab U.S. Large-Cap ETF (SCHX) and SPDR Portfolio S&P 1500 Composite Stock Market ETF (SPTM) have volatilities of 3.85% and 3.72%, 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

SCHXSPTMDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.85%

3.72%

+0.13%

Volatility (6M)

Calculated over the trailing 6-month period

9.44%

9.32%

+0.12%

Volatility (1Y)

Calculated over the trailing 1-year period

12.29%

12.16%

+0.13%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

17.16%

16.90%

+0.26%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

18.16%

18.05%

+0.11%

SCHX vs. SPTM - Expense Ratio Comparison

Both SCHX and SPTM 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. SPTM - Dividend Comparison

SCHX's dividend yield for the trailing twelve months is around 1.03%, less than SPTM's 1.06% yield.

PositionTTM20252024202320222021202020192018201720162015
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%
SPTM
SPDR Portfolio S&P 1500 Composite Stock Market ETF		1.06%1.13%1.28%1.44%1.69%1.25%1.56%1.72%1.90%1.66%1.91%1.92%

Frequently Asked Questions

With a correlation of 1.00, SCHX and SPTM 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.

SCHX has higher volatility (3.85%) compared to SPTM (3.72%). In terms of maximum drawdown, SCHX dropped -34.33% vs SPTM's -54.80%.

On 10-year performance, SCHX leads with 15.08% vs 14.91% for SPTM. Both ETFs have the same 0.03% expense ratio. On volatility, SPTM has been the lower-risk option at 3.72%. 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 14.91%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

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

SPTM has the higher dividend yield at 1.06%, compared with 1.03% for SCHX.

SCHX tracks Dow Jones U.S. Large-Cap Total Stock Market Index, while SPTM tracks S&P Composite 1500 Index. They also come from different issuers: Charles Schwab and State Street.

SPTM currently has the higher Sharpe Ratio (2.13 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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