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SPYV vs. SCHX

Last updated Mar 1, 2024

Compare and contrast key facts about SPDR Portfolio S&P 500 Value ETF (SPYV) and Schwab U.S. Large-Cap ETF (SCHX).

SPYV and SCHX are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SPYV is a passively managed fund by State Street that tracks the performance of the S&P 500 Value. It was launched on Sep 25, 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 SPYV 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.

Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SPYV or SCHX.

Key characteristics


SPYVSCHX
YTD Return3.20%6.95%
1Y Return22.06%30.87%
3Y Return (Ann)11.91%9.87%
5Y Return (Ann)12.30%14.36%
10Y Return (Ann)10.41%12.63%
Sharpe Ratio1.752.43
Daily Std Dev12.29%12.52%
Max Drawdown-58.45%-34.33%
Current Drawdown-0.21%0.00%

Correlation

0.90
-1.001.00

The correlation between SPYV and SCHX is 0.90, 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.

SPYV vs. SCHX - Performance Comparison

In the year-to-date period, SPYV achieves a 3.20% return, which is significantly lower than SCHX's 6.95% return. Over the past 10 years, SPYV has underperformed SCHX with an annualized return of 10.41%, while SCHX has yielded a comparatively higher 12.63% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


300.00%350.00%400.00%450.00%500.00%550.00%OctoberNovemberDecember2024February
398.82%
540.02%
SPYV
SCHX

Compare stocks, funds, or ETFs


SPDR Portfolio S&P 500 Value ETF

Schwab U.S. Large-Cap ETF

SPYV vs. SCHX - Dividend Comparison

SPYV's dividend yield for the trailing twelve months is around 1.69%, more than SCHX's 1.30% yield.


TTM20232022202120202019201820172016201520142013
SPYV
SPDR Portfolio S&P 500 Value ETF
1.69%1.75%2.22%2.10%2.38%2.25%2.97%2.77%2.39%2.53%2.19%1.96%
SCHX
Schwab U.S. Large-Cap ETF
1.30%1.39%1.64%1.22%1.64%1.82%2.17%1.70%2.39%2.04%1.76%1.65%

SPYV vs. SCHX - Expense Ratio Comparison

SPYV has a 0.04% expense ratio, which is higher than SCHX's 0.03% expense ratio.

0.04%
0.00%2.15%
0.03%
0.00%2.15%

SPYV vs. SCHX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR Portfolio S&P 500 Value ETF (SPYV) 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.


Sharpe ratioSortino ratioOmega ratioCalmar ratioUlcer Index
SPYV
SPDR Portfolio S&P 500 Value ETF
1.75
SCHX
Schwab U.S. Large-Cap ETF
2.43

SPYV vs. SCHX - Sharpe Ratio Comparison

The current SPYV Sharpe Ratio is 1.75, which roughly equals the SCHX Sharpe Ratio of 2.43. The chart below compares the 12-month rolling Sharpe Ratio of SPYV and SCHX.


Rolling 12-month Sharpe Ratio0.501.001.502.002.50OctoberNovemberDecember2024February
1.75
2.43
SPYV
SCHX

SPYV vs. SCHX - Drawdown Comparison

The maximum SPYV drawdown since its inception was -58.45%, which is greater than SCHX's maximum drawdown of -34.33%. The drawdown chart below compares losses from any high point along the way for SPYV and SCHX


-14.00%-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%OctoberNovemberDecember2024February
-0.21%
0
SPYV
SCHX

SPYV vs. SCHX - Volatility Comparison

The current volatility for SPDR Portfolio S&P 500 Value ETF (SPYV) is 2.95%, while Schwab U.S. Large-Cap ETF (SCHX) has a volatility of 3.91%. This indicates that SPYV experiences smaller price fluctuations and is considered to be less risky than SCHX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%2.50%3.00%3.50%4.00%4.50%5.00%OctoberNovemberDecember2024February
2.95%
3.91%
SPYV
SCHX