SPTM vs. SCHX

Last updated Jun 4, 2026

SPTM (SPDR Portfolio S&P 1500 Composite Stock Market ETF) and SCHX (Schwab U.S. Large-Cap ETF) are both Large Cap Blend Equities funds - SPTM tracks the S&P Composite 1500 Index while SCHX tracks the Dow Jones U.S. Large-Cap Total Stock Market Index. Both are passively managed. Over the past 10 years, SPTM returned 15.21%/yr vs 15.41%/yr for SCHX. With a 0.95 correlation, they move nearly in lockstep. Both charge a 0.03% expense ratio.

Performance

SPTM vs. SCHX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SPDR Portfolio S&P 1500 Composite Stock Market ETF (SPTM) and Schwab U.S. Large-Cap ETF (SCHX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with SPTM having a 11.10% return and SCHX slightly lower at 10.72%. Both investments have delivered pretty close results over the past 10 years, with SPTM having a 15.21% annualized return and SCHX not far ahead at 15.41%.

SPTM

• 1D: -0.67%
• 1M: 4.87%
• YTD: 11.10%
• 6M: 11.13%
• 1Y: 27.84%
• 3Y*: 21.90%
• 5Y*: 13.38%
• 10Y*: 15.21%

SCHX

• 1D: -0.70%
• 1M: 5.06%
• YTD: 10.72%
• 6M: 10.60%
• 1Y: 27.36%
• 3Y*: 22.38%
• 5Y*: 13.29%
• 10Y*: 15.41%

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

SPTM vs. SCHX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SPTM SPDR Portfolio S&P 1500 Composite Stock Market ETF	11.10%	16.93%	23.87%	25.55%	-17.75%	28.58%	17.94%	31.34%	-5.30%	21.18%
SCHX Schwab U.S. Large-Cap ETF	10.72%	17.46%	24.88%	26.84%	-19.41%	26.81%	20.81%	31.22%	-4.66%	21.95%

Correlation

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

SPTM vs. SCHX - Sectors Allocation Comparison

Sectors	SPTM	SCHX
Technology	34.0%	37.5%
Financial Services	12.1%	9.9%
Communication Services	10.5%	10.3%
Consumer Cyclical	10.3%	9.7%
Industrials	9.4%	8.5%
Healthcare	8.6%	8.4%
Consumer Defensive	4.8%	4.5%
Energy	3.7%	3.4%
Utilities	2.3%	2.6%
Real Estate	2.3%	2.0%
Basic Materials	2.0%	1.8%

Return for Risk

SPTM vs. SCHX — Risk / Return Rank

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

SPTM

SPTM Risk / Return Rank: 70
SPTM Sharpe Ratio Rank: 70
SPTM Sortino Ratio Rank: 69
SPTM Omega Ratio Rank: 69
SPTM Calmar Ratio Rank: 64
SPTM Martin Ratio Rank: 76

SCHX

SCHX Risk / Return Rank: 67
SCHX Sharpe Ratio Rank: 68
SCHX Sortino Ratio Rank: 66
SCHX Omega Ratio Rank: 67
SCHX Calmar Ratio Rank: 60
SCHX Martin Ratio Rank: 72

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.

SPTM vs. SCHX - Risk-Adjusted Trends Comparison

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

	SPTM	SCHX	Difference
Sharpe ratio: Return per unit of total volatility	2.36	2.29	+0.06
Sortino ratio: Return per unit of downside risk	3.23	3.14	+0.09
Omega ratio: Gain probability vs. loss probability	1.43	1.41	+0.01
Calmar ratio: Return relative to maximum drawdown	3.22	3.05	+0.18
Martin ratio: Return relative to average drawdown	15.01	13.85	+1.17
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SPTM vs. SCHX - Sharpe Ratio Comparison

The current SPTM Sharpe Ratio is 2.36, which is comparable to the SCHX Sharpe Ratio of 2.29. The chart below compares the historical Sharpe Ratios of SPTM and SCHX, 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

	SPTM	SCHX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.36	2.29	+0.06
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.80	0.78	+0.02
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.85	0.85	-0.01
Sharpe Ratio (All Time) Calculated using the full available price history	0.46	0.85	-0.39

Drawdowns

SPTM vs. SCHX - Drawdown Comparison

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

Drawdown Indicators

	SPTM	SCHX	Difference
Max Drawdown Largest peak-to-trough decline	-54.80%	-34.33%	-20.47%
Max Drawdown (1Y) Largest decline over 1 year	-8.68%	-9.02%	+0.34%
Max Drawdown (3Y) Largest decline over 3 years	-18.87%	-19.04%	+0.17%
Max Drawdown (5Y) Largest decline over 5 years	-24.14%	-25.41%	+1.27%
Max Drawdown (10Y) Largest decline over 10 years	-34.66%	-34.33%	-0.33%
Current Drawdown Current decline from peak	-0.67%	-0.70%	+0.03%
Average Drawdown Average peak-to-trough decline	-9.05%	-3.97%	-5.08%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.86%	1.98%	-0.12%

Volatility

SPTM vs. SCHX - Volatility Comparison

SPDR Portfolio S&P 1500 Composite Stock Market ETF (SPTM) and Schwab U.S. Large-Cap ETF (SCHX) have volatilities of 2.88% and 2.91%, 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.

Volatility by Period

	SPTM	SCHX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.88%	2.91%	-0.03%
Volatility (6M) Calculated over the trailing 6-month period	8.92%	9.02%	-0.10%
Volatility (1Y) Calculated over the trailing 1-year period	11.88%	11.99%	-0.11%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.87%	17.12%	-0.25%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.03%	18.15%	-0.12%

SPTM vs. SCHX - Expense Ratio Comparison

Both SPTM and SCHX 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

SPTM vs. SCHX - Dividend Comparison

SPTM's dividend yield for the trailing twelve months is around 1.04%, more than SCHX's 1.01% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SCHX Schwab U.S. Large-Cap ETF	1.01%	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	1.04%	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

Can I hold both SPTM and SCHX in my portfolio?

With a correlation of 0.99, SPTM and SCHX 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.

Which is riskier, SPTM or SCHX?

SCHX has higher volatility (2.91%) compared to SPTM (2.88%). In terms of maximum drawdown, SPTM dropped -54.80% vs SCHX's -34.33%.

Which ETF is better, SPTM or SCHX?

On 10-year performance, SCHX leads with 15.41% vs 15.21% for SPTM. 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.

Which ETF has performed better, SPTM or SCHX?

Over the 10-year period, SCHX has performed better with a 15.41% return vs 15.21%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SPTM or SCHX?

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

Which ETF pays a higher dividend yield, SPTM or SCHX?

SPTM has the higher dividend yield at 1.04%, compared with 1.01% for SCHX.

What is the main difference between SPTM and SCHX?

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

Which has better risk-adjusted returns?

SPTM currently has the higher Sharpe Ratio (2.36 vs 2.29), 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.