SCHY vs. YCS
SCHY (Schwab International Dividend Equity ETF) and YCS (ProShares UltraShort Yen) are both exchange-traded funds - SCHY is a Dividend fund tracking the Dow Jones International Dividend 100 Index, while YCS is a Leveraged Currency fund tracking the USD/JPY Exchange Rate (-200%). Both are passively managed. Over the past 5 years, SCHY returned 7.96%/yr vs 23.54%/yr for YCS. At a correlation of -0.31, they often move in opposite directions. SCHY charges 0.08%/yr vs 1.00%/yr for YCS.
Performance
SCHY vs. YCS - Performance Comparison
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Returns By Period
In the year-to-date period, SCHY achieves a 7.94% return, which is significantly higher than YCS's 7.17% return.
SCHY
- 1D
- -0.93%
- 1M
- 0.50%
- YTD
- 7.94%
- 6M
- 10.00%
- 1Y
- 22.39%
- 3Y*
- 15.09%
- 5Y*
- 7.96%
- 10Y*
- —
YCS
- 1D
- 0.17%
- 1M
- 4.42%
- YTD
- 7.17%
- 6M
- 10.05%
- 1Y
- 32.82%
- 3Y*
- 19.84%
- 5Y*
- 23.54%
- 10Y*
- 12.34%
SCHY vs. YCS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
SCHY Schwab International Dividend Equity ETF | 7.94% | 33.98% | -1.79% | 14.27% | -9.43% | 4.08% |
YCS ProShares UltraShort Yen | 7.17% | 9.04% | 35.41% | 28.70% | 29.09% | 10.51% |
Correlation
The correlation between SCHY and YCS is -0.50, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.50 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.38 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.30 |
Correlation (All Time) Calculated using the full available price history since Apr 30, 2021 | -0.31 |
The correlation between SCHY and YCS shifts across timeframes, from -0.50 (1 year) to -0.30 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
SCHY vs. YCS — Risk / Return Rank
SCHY
YCS
SCHY vs. YCS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab International Dividend Equity ETF (SCHY) and ProShares UltraShort Yen (YCS). 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.
| SCHY | YCS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.03 | ||
| Sortino ratioReturn per unit of downside risk | +0.15 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.35 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 2.47 | 3.97 | -1.50 |
| Martin ratioReturn relative to average drawdown | 7.90 | 12.40 | -4.50 |
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
| SCHY | YCS | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.89 | 1.92 | -0.03 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.60 | 1.12 | -0.52 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.65 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.66 | 0.33 | +0.33 |
Drawdowns
SCHY vs. YCS - Drawdown Comparison
The maximum SCHY drawdown since its inception was -24.04%, smaller than the maximum YCS drawdown of -49.56%. Use the drawdown chart below to compare losses from any high point for SCHY and YCS.
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Drawdown Indicators
| SCHY | YCS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -24.04% | -49.56% | +25.52% |
Max Drawdown (1Y)Largest decline over 1 year | -9.11% | -8.30% | -0.81% |
Max Drawdown (3Y)Largest decline over 3 years | -12.16% | -23.05% | +10.89% |
Max Drawdown (5Y)Largest decline over 5 years | -24.04% | -27.32% | +3.28% |
Max Drawdown (10Y)Largest decline over 10 years | — | -27.32% | — |
Current DrawdownCurrent decline from peak | -5.13% | 0.00% | -5.13% |
Average DrawdownAverage peak-to-trough decline | -4.97% | -19.93% | +14.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.84% | 2.66% | +0.18% |
Volatility
SCHY vs. YCS - Volatility Comparison
Schwab International Dividend Equity ETF (SCHY) has a higher volatility of 3.41% compared to ProShares UltraShort Yen (YCS) at 2.75%. This indicates that SCHY's price experiences larger fluctuations and is considered to be riskier than YCS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SCHY | YCS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.41% | 2.75% | +0.66% |
Volatility (6M)Calculated over the trailing 6-month period | 9.79% | 12.32% | -2.53% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.90% | 17.27% | -5.37% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.25% | 21.10% | -7.85% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.23% | 19.01% | -5.78% |
SCHY vs. YCS - Expense Ratio Comparison
SCHY has a 0.08% expense ratio, which is lower than YCS's 1.00% expense ratio.
Dividends
SCHY vs. YCS - Dividend Comparison
SCHY's dividend yield for the trailing twelve months is around 3.44%, while YCS has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
SCHY Schwab International Dividend Equity ETF | 3.44% | 3.55% | 4.64% | 3.97% | 3.67% | 1.73% |
YCS ProShares UltraShort Yen | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
SCHY and YCS have a correlation of -0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SCHY has higher volatility (3.41%) compared to YCS (2.75%). In terms of maximum drawdown, SCHY dropped -24.04% vs YCS's -49.56%.
On 5-year performance, YCS leads with 23.54% vs 7.96% for SCHY. On fees, SCHY is cheaper at 0.08% per year. On volatility, YCS has been the lower-risk option at 2.75%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, YCS has performed better with a 23.54% return vs 7.96%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
SCHY is cheaper with a 0.08% expense ratio, compared with 1.00% for YCS.
SCHY has the higher dividend yield at 3.44%, compared with 0.00% for YCS.
SCHY is categorized as Dividend, while YCS is Leveraged Currency. SCHY tracks Dow Jones International Dividend 100 Index, while YCS tracks USD/JPY Exchange Rate (-200%). They also come from different issuers: Charles Schwab and ProShares. Their fees differ too: 0.08% for SCHY and 1.00% for YCS.
YCS currently has the higher Sharpe Ratio (1.92 vs 1.89), 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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