SWISX vs. SCHE
Compare and contrast key facts about Schwab International Index Fund (SWISX) and Schwab Emerging Markets Equity ETF (SCHE).
SWISX is a passively managed fund by Charles Schwab that tracks the performance of the MSCI EAFE Index. It was launched on May 19, 1997. SCHE is a passively managed fund by Charles Schwab that tracks the performance of the FTSE All-World Emerging. It was launched on Jan 14, 2010. Both SWISX and SCHE 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: SWISX or SCHE.
Key characteristics
| SWISX | SCHE | |
|---|---|---|
| YTD Return | 4.08% | 10.95% |
| 1Y Return | 12.16% | 15.98% |
| 3Y Return (Ann) | 1.49% | -1.72% |
| 5Y Return (Ann) | 5.47% | 3.77% |
| 10Y Return (Ann) | 4.96% | 3.64% |
| Sharpe Ratio | 0.93 | 0.97 |
| Sortino Ratio | 1.35 | 1.46 |
| Omega Ratio | 1.16 | 1.18 |
| Calmar Ratio | 1.35 | 0.58 |
| Martin Ratio | 4.44 | 5.03 |
| Ulcer Index | 2.70% | 2.92% |
| Daily Std Dev | 12.91% | 15.06% |
| Max Drawdown | -60.65% | -36.16% |
| Current Drawdown | -8.92% | -12.69% |
Correlation
The correlation between SWISX and SCHE is 0.79, 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.
Performance
SWISX vs. SCHE - Performance Comparison
In the year-to-date period, SWISX achieves a 4.08% return, which is significantly lower than SCHE's 10.95% return. Over the past 10 years, SWISX has outperformed SCHE with an annualized return of 4.96%, while SCHE has yielded a comparatively lower 3.64% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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SWISX vs. SCHE - Expense Ratio Comparison
SWISX has a 0.06% expense ratio, which is lower than SCHE's 0.11% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
SWISX vs. SCHE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab International Index Fund (SWISX) and Schwab Emerging Markets Equity ETF (SCHE). 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.
Dividends
SWISX vs. SCHE - Dividend Comparison
SWISX's dividend yield for the trailing twelve months is around 3.18%, more than SCHE's 3.12% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SWISX Schwab International Index Fund | 3.18% | 3.31% | 2.73% | 3.34% | 1.88% | 3.09% | 3.15% | 2.71% | 3.19% | 2.71% | 3.37% | 2.54% |
SCHE Schwab Emerging Markets Equity ETF | 3.12% | 3.83% | 2.87% | 2.86% | 2.09% | 3.27% | 2.69% | 2.31% | 2.26% | 2.50% | 2.86% | 2.56% |
Drawdowns
SWISX vs. SCHE - Drawdown Comparison
The maximum SWISX drawdown since its inception was -60.65%, which is greater than SCHE's maximum drawdown of -36.16%. Use the drawdown chart below to compare losses from any high point for SWISX and SCHE. For additional features, visit the drawdowns tool.
Volatility
SWISX vs. SCHE - Volatility Comparison
The current volatility for Schwab International Index Fund (SWISX) is 3.84%, while Schwab Emerging Markets Equity ETF (SCHE) has a volatility of 4.72%. This indicates that SWISX experiences smaller price fluctuations and is considered to be less risky than SCHE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.