SPTM vs. SCHX

Last updated Apr 2, 2026

Compare and contrast key facts about SPDR Portfolio S&P 1500 Composite Stock Market ETF (SPTM) and Schwab U.S. Large-Cap ETF (SCHX).

SPTM and SCHX are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SPTM is a passively managed fund by State Street that tracks the performance of the S&P Composite 1500 Index. It was launched on Oct 4, 2000. SCHX is a passively managed fund by Charles Schwab that tracks the performance of the Dow Jones U.S. Large-Cap Total Stock Market Index. It was launched on Nov 3, 2009. Both SPTM and SCHX are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

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.

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	-3.15%	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	-3.70%	17.46%	24.88%	26.84%	-19.41%	26.81%	20.81%	31.22%	-4.66%	21.95%

Returns By Period

In the year-to-date period, SPTM achieves a -3.15% return, which is significantly higher than SCHX's -3.70% return. Both investments have delivered pretty close results over the past 10 years, with SPTM having a 13.90% annualized return and SCHX not far ahead at 14.02%.

SPTM

• 1D: 0.76%
• 1M: -4.38%
• YTD: -3.15%
• 6M: -0.99%
• 1Y: 18.19%
• 3Y*: 18.05%
• 5Y*: 11.45%
• 10Y*: 13.90%

SCHX

• 1D: 0.78%
• 1M: -4.31%
• YTD: -3.70%
• 6M: -1.70%
• 1Y: 17.91%
• 3Y*: 18.55%
• 5Y*: 11.30%
• 10Y*: 14.02%

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

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%.

SPTM

SPDR Portfolio S&P 1500 Composite Stock Market ETF

SCHX

Schwab U.S. Large-Cap ETF

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: 59
SPTM Sharpe Ratio Rank: 54
SPTM Sortino Ratio Rank: 57
SPTM Omega Ratio Rank: 60
SPTM Calmar Ratio Rank: 57
SPTM Martin Ratio Rank: 69

SCHX

SCHX Risk / Return Rank: 58
SCHX Sharpe Ratio Rank: 52
SCHX Sortino Ratio Rank: 56
SCHX Omega Ratio Rank: 59
SCHX Calmar Ratio Rank: 57
SCHX Martin Ratio Rank: 67

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	1.00	0.98	+0.02
Sortino ratio Return per unit of downside risk	1.52	1.50	+0.02
Omega ratio Gain probability vs. loss probability	1.23	1.23	0.00
Calmar ratio Return relative to maximum drawdown	1.52	1.51	+0.01
Martin ratio Return relative to average drawdown	7.28	7.02	+0.26
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 1.00, which is comparable to the SCHX Sharpe Ratio of 0.98. The chart below compares the historical Sharpe Ratios of SPTM and SCHX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	SPTM	SCHX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.00	0.98	+0.02
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.68	0.66	+0.02
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.77	0.78	0.00
Sharpe Ratio (All Time) Calculated using the full available price history	0.43	0.80	-0.37

Correlation

The correlation between SPTM and SCHX is 0.95, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

SPTM vs. SCHX - Dividend Comparison

SPTM's dividend yield for the trailing twelve months is around 1.19%, more than SCHX's 1.16% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SPTM SPDR Portfolio S&P 1500 Composite Stock Market ETF	1.19%	1.13%	1.28%	1.44%	1.69%	1.25%	1.56%	1.72%	1.90%	1.66%	1.91%	1.92%
SCHX Schwab U.S. Large-Cap ETF	1.16%	1.09%	1.22%	1.39%	1.64%	1.22%	1.64%	1.82%	2.02%	1.70%	1.92%	2.04%

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	-12.21%	-12.19%	-0.02%
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	-5.36%	-5.67%	+0.31%
Average Drawdown Average peak-to-trough decline	-9.10%	-4.00%	-5.10%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.55%	2.62%	-0.07%

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 5.35% and 5.36%, 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	5.35%	5.36%	-0.01%
Volatility (6M) Calculated over the trailing 6-month period	9.54%	9.67%	-0.13%
Volatility (1Y) Calculated over the trailing 1-year period	18.33%	18.33%	0.00%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.87%	17.13%	-0.26%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.03%	18.13%	-0.10%