STXK vs. SCHA

Last updated Jun 21, 2026

STXK (Strive Small-Cap ETF) and SCHA (Schwab U.S. Small-Cap ETF) are both Small Cap Blend Equities funds - STXK tracks the Bloomberg US 600 Index - Benchmark TR Gross while SCHA tracks the Dow Jones U.S. Small-Cap Total Stock Market Index. Both are passively managed. Over the past 3 years, STXK returned 14.35%/yr vs 19.06%/yr for SCHA. With a 0.97 correlation, they move nearly in lockstep. STXK charges 0.18%/yr vs 0.04%/yr for SCHA.

Performance

STXK vs. SCHA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Strive Small-Cap ETF (STXK) and Schwab U.S. Small-Cap ETF (SCHA). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, STXK achieves a 13.75% return, which is significantly lower than SCHA's 23.72% return.

STXK

• 1D: 1.51%
• 1M: 4.31%
• YTD: 13.75%
• 6M: 12.02%
• 1Y: 29.19%
• 3Y*: 14.35%
• 5Y*: —
• 10Y*: —

SCHA

• 1D: 2.21%
• 1M: 6.09%
• YTD: 23.72%
• 6M: 21.76%
• 1Y: 44.64%
• 3Y*: 19.06%
• 5Y*: 8.37%
• 10Y*: 11.55%

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

STXK vs. SCHA - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
STXK Strive Small-Cap ETF	13.75%	7.82%	9.47%	20.15%	-3.32%
SCHA Schwab U.S. Small-Cap ETF	23.72%	11.60%	11.16%	18.46%	1.58%

Correlation

The correlation between STXK and SCHA is 0.95, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.95
Correlation (3Y) Calculated over the trailing 3-year period	0.97
Correlation (All Time) Calculated using the full available price history since Nov 10, 2022	0.97

The correlation between STXK and SCHA has been stable across timeframes, ranging from 0.95 to 0.97 - a consistent structural relationship.

STXK vs. SCHA - Sectors Allocation Comparison

Sectors	STXK	SCHA
Technology	17.3%	24.3%
Financial Services	15.9%	15.4%
Industrials	14.9%	15.4%
Consumer Cyclical	13.3%	9.2%
Healthcare	12.9%	13.8%
Real Estate	7.3%	5.8%
Energy	6.1%	4.8%
Basic Materials	4.4%	4.1%
Utilities	3.0%	2.1%
Consumer Defensive	2.9%	2.5%
Communication Services	2.1%	2.3%

Return for Risk

STXK vs. SCHA — Risk / Return Rank

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

STXK

STXK Risk / Return Rank: 56
STXK Sharpe Ratio Rank: 52
STXK Sortino Ratio Rank: 54
STXK Omega Ratio Rank: 49
STXK Calmar Ratio Rank: 62
STXK Martin Ratio Rank: 61

SCHA

SCHA Risk / Return Rank: 81
SCHA Sharpe Ratio Rank: 80
SCHA Sortino Ratio Rank: 79
SCHA Omega Ratio Rank: 72
SCHA Calmar Ratio Rank: 87
SCHA Martin Ratio Rank: 86

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.

STXK vs. SCHA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Strive Small-Cap ETF (STXK) and Schwab U.S. Small-Cap ETF (SCHA). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	STXK	SCHA	Difference
Sharpe ratio: Return per unit of total volatility	1.72	2.40	-0.68
Sortino ratio: Return per unit of downside risk	2.52	3.31	-0.78
Omega ratio: Gain probability vs. loss probability	1.30	1.40	-0.10
Calmar ratio: Return relative to maximum drawdown	2.98	4.71	-1.73
Martin ratio: Return relative to average drawdown	10.32	17.27	-6.95

STXK vs. SCHA - Sharpe Ratio Comparison

The current STXK Sharpe Ratio is 1.72, which is comparable to the SCHA Sharpe Ratio of 2.40. The chart below compares the historical Sharpe Ratios of STXK and SCHA, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

STXK vs. SCHA - Drawdown Comparison

The maximum STXK drawdown since its inception was -27.12%, smaller than the maximum SCHA drawdown of -42.41%. Use the drawdown chart below to compare losses from any high point for STXK and SCHA.

Drawdown Indicators

	STXK	SCHA	Difference
Max Drawdown Largest peak-to-trough decline	-27.12%	-42.41%	+15.29%
Max Drawdown (1Y) Largest decline over 1 year	-9.81%	-9.50%	-0.31%
Max Drawdown (3Y) Largest decline over 3 years	-27.12%	-27.29%	+0.17%
Max Drawdown (5Y) Largest decline over 5 years	—	-30.79%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-42.41%	—
Current Drawdown Current decline from peak	-0.14%	0.00%	-0.14%
Average Drawdown Average peak-to-trough decline	-5.55%	-7.56%	+2.01%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.83%	2.59%	+0.24%

Volatility

STXK vs. SCHA - Volatility Comparison

The current volatility for Strive Small-Cap ETF (STXK) is 4.86%, while Schwab U.S. Small-Cap ETF (SCHA) has a volatility of 6.69%. This indicates that STXK experiences smaller price fluctuations and is considered to be less risky than SCHA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	STXK	SCHA	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.86%	6.69%	-1.83%
Volatility (6M) Calculated over the trailing 6-month period	11.89%	13.81%	-1.92%
Volatility (1Y) Calculated over the trailing 1-year period	16.98%	18.67%	-1.69%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.12%	22.05%	-1.93%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.12%	22.77%	-2.65%

STXK vs. SCHA - Expense Ratio Comparison

STXK has a 0.18% expense ratio, which is higher than SCHA'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

STXK vs. SCHA - Dividend Comparison

STXK's dividend yield for the trailing twelve months is around 1.35%, more than SCHA's 0.97% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SCHA Schwab U.S. Small-Cap ETF	0.97%	1.26%	1.51%	1.42%	1.37%	1.19%	1.05%	1.39%	1.58%	1.24%	1.50%	1.48%
STXK Strive Small-Cap ETF	1.35%	1.29%	1.64%	1.14%	0.31%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both STXK and SCHA in my portfolio?

With a correlation of 0.95, STXK and SCHA 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, STXK or SCHA?

SCHA has higher volatility (6.69%) compared to STXK (4.86%). In terms of maximum drawdown, STXK dropped -27.12% vs SCHA's -42.41%.

Which ETF is better, STXK or SCHA?

On 3-year performance, SCHA leads with 19.06% vs 14.35% for STXK. On fees, SCHA is cheaper at 0.04% per year. On volatility, STXK has been the lower-risk option at 4.86%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, STXK or SCHA?

Over the 3-year period, SCHA has performed better with a 19.06% return vs 14.35%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, STXK or SCHA?

SCHA is cheaper with a 0.04% expense ratio, compared with 0.18% for STXK.

Which ETF pays a higher dividend yield, STXK or SCHA?

STXK has the higher dividend yield at 1.35%, compared with 0.97% for SCHA.

What is the main difference between STXK and SCHA?

STXK tracks Bloomberg US 600 Index - Benchmark TR Gross, while SCHA tracks Dow Jones U.S. Small-Cap Total Stock Market Index. They also come from different issuers: Strive and Charles Schwab. Their fees differ too: 0.18% for STXK and 0.04% for SCHA.

Which has better risk-adjusted returns?

SCHA currently has the higher Sharpe Ratio (2.40 vs 1.72), 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.