SSGJX vs. SCHG

Last updated Jun 3, 2026

SSGJX (State Street Global All Cap Equity ex-U.S. Index Fund) and SCHG (Schwab U.S. Large-Cap Growth ETF) are both funds - SSGJX is a Foreign Large Cap Equities fund managed by State Street, while SCHG is a Large Cap Growth Equities fund tracking the Dow Jones U.S. Large-Cap Growth Total Stock Market Index. Over the past 10 years, SSGJX returned -12.93%/yr vs 18.92%/yr for SCHG. A 0.64 correlation means they provide meaningful diversification when combined. SSGJX charges 0.27%/yr vs 0.04%/yr for SCHG.

Performance

SSGJX vs. SCHG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in State Street Global All Cap Equity ex-U.S. Index Fund (SSGJX) and Schwab U.S. Large-Cap Growth ETF (SCHG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SSGJX achieves a 14.17% return, which is significantly higher than SCHG's 7.74% return. Over the past 10 years, SSGJX has underperformed SCHG with an annualized return of -12.93%, while SCHG has yielded a comparatively higher 18.92% annualized return.

SSGJX

• 1D: -0.24%
• 1M: 3.98%
• YTD: 14.17%
• 6M: 17.63%
• 1Y: 31.27%
• 3Y*: 19.32%
• 5Y*: 8.30%
• 10Y*: -12.93%

SCHG

• 1D: -0.57%
• 1M: 5.91%
• YTD: 7.74%
• 6M: 7.31%
• 1Y: 27.05%
• 3Y*: 25.53%
• 5Y*: 16.21%
• 10Y*: 18.92%

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

SSGJX vs. SCHG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SSGJX State Street Global All Cap Equity ex-U.S. Index Fund	14.17%	32.51%	4.92%	15.59%	-16.57%	8.21%	-88.91%	21.27%	-14.19%	27.00%
SCHG Schwab U.S. Large-Cap Growth ETF	7.74%	17.50%	34.95%	50.10%	-31.80%	28.11%	39.14%	36.02%	-1.36%	28.05%

Correlation

The correlation between SSGJX and SCHG is 0.61, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.61
Correlation (3Y) Calculated over the trailing 3-year period	0.55
Correlation (5Y) Calculated over the trailing 5-year period	0.61
Correlation (10Y) Calculated over the trailing 10-year period	0.63
Correlation (All Time) Calculated using the full available price history since Sep 19, 2014	0.64

The correlation between SSGJX and SCHG has been stable across timeframes, ranging from 0.55 to 0.64 - a consistent structural relationship.

Return for Risk

SSGJX vs. SCHG — Risk / Return Rank

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

SSGJX

SSGJX Risk / Return Rank: 62
SSGJX Sharpe Ratio Rank: 67
SSGJX Sortino Ratio Rank: 65
SSGJX Omega Ratio Rank: 68
SSGJX Calmar Ratio Rank: 56
SSGJX Martin Ratio Rank: 55

SCHG

SCHG Risk / Return Rank: 43
SCHG Sharpe Ratio Rank: 50
SCHG Sortino Ratio Rank: 48
SCHG Omega Ratio Rank: 49
SCHG Calmar Ratio Rank: 34
SCHG Martin Ratio Rank: 36

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.

SSGJX vs. SCHG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for State Street Global All Cap Equity ex-U.S. Index Fund (SSGJX) and Schwab U.S. Large-Cap Growth ETF (SCHG). 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.

	SSGJX	SCHG	Difference
Sharpe ratio Return per unit of total volatility	2.41	1.76	+0.65
Sortino ratio Return per unit of downside risk	3.37	2.37	+1.00
Omega ratio Gain probability vs. loss probability	1.46	1.31	+0.15
Calmar ratio Return relative to maximum drawdown	2.90	1.70	+1.20
Martin ratio Return relative to average drawdown	11.27	5.70	+5.57
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SSGJX vs. SCHG - Sharpe Ratio Comparison

The current SSGJX Sharpe Ratio is 2.41, which is higher than the SCHG Sharpe Ratio of 1.76. The chart below compares the historical Sharpe Ratios of SSGJX and SCHG, 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

	SSGJX	SCHG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.41	1.76	+0.65
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.57	0.73	-0.17
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.40	0.88	-1.28
Sharpe Ratio (All Time) Calculated using the full available price history	-0.40	0.85	-1.24

Drawdowns

SSGJX vs. SCHG - Drawdown Comparison

The maximum SSGJX drawdown since its inception was -92.55%, which is greater than SCHG's maximum drawdown of -34.59%. Use the drawdown chart below to compare losses from any high point for SSGJX and SCHG.

Drawdown Indicators

	SSGJX	SCHG	Difference
Max Drawdown Largest peak-to-trough decline	-92.55%	-34.59%	-57.96%
Max Drawdown (1Y) Largest decline over 1 year	-11.23%	-16.41%	+5.18%
Max Drawdown (3Y) Largest decline over 3 years	-13.61%	-23.39%	+9.78%
Max Drawdown (5Y) Largest decline over 5 years	-30.19%	-34.59%	+4.40%
Max Drawdown (10Y) Largest decline over 10 years	-92.55%	-34.59%	-57.96%
Current Drawdown Current decline from peak	-82.21%	-0.57%	-81.64%
Average Drawdown Average peak-to-trough decline	-50.61%	-5.20%	-45.41%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.89%	4.90%	-2.01%

Volatility

SSGJX vs. SCHG - Volatility Comparison

State Street Global All Cap Equity ex-U.S. Index Fund (SSGJX) has a higher volatility of 4.53% compared to Schwab U.S. Large-Cap Growth ETF (SCHG) at 3.31%. This indicates that SSGJX's price experiences larger fluctuations and is considered to be riskier than SCHG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SSGJX	SCHG	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.53%	3.31%	+1.22%
Volatility (6M) Calculated over the trailing 6-month period	11.38%	11.56%	-0.18%
Volatility (1Y) Calculated over the trailing 1-year period	13.57%	15.45%	-1.88%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.74%	22.27%	-7.53%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	32.57%	21.55%	+11.02%

SSGJX vs. SCHG - Expense Ratio Comparison

SSGJX has a 0.27% expense ratio, which is higher than SCHG's 0.04% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

SSGJX vs. SCHG - Dividend Comparison

SSGJX's dividend yield for the trailing twelve months is around 3.80%, more than SCHG's 0.36% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SCHG Schwab U.S. Large-Cap Growth ETF	0.36%	0.36%	0.39%	0.46%	0.55%	0.42%	0.52%	0.82%	1.27%	1.01%	1.04%	1.22%
SSGJX State Street Global All Cap Equity ex-U.S. Index Fund	3.80%	4.34%	4.43%	2.93%	2.73%	4.07%	1.57%	4.69%	8.03%	3.98%	1.52%	2.09%

Frequently Asked Questions

Can I hold both SSGJX and SCHG in my portfolio?

SSGJX and SCHG have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SSGJX or SCHG?

SSGJX has higher volatility (4.53%) compared to SCHG (3.31%). In terms of maximum drawdown, SSGJX dropped -92.55% vs SCHG's -34.59%.

Which has better risk-adjusted returns?

SSGJX currently has the higher Sharpe Ratio (2.41 vs 1.76), 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.