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TILT vs. SCHK
Performance
Return for Risk
Drawdowns
Volatility
Dividends

TILT vs. SCHK

Last updated Jun 21, 2026

TILT (FlexShares Morningstar US Market Factor Tilt Index Fund) and SCHK (Schwab 1000 Index ETF) are both Large Cap Blend Equities funds - TILT tracks the Morningstar US Market Factor Tilt Index while SCHK tracks the Schwab 1000 Index. Both are passively managed. Over the past 5 years, TILT returned 12.22%/yr vs 13.28%/yr for SCHK. With a 0.96 correlation, they move nearly in lockstep. TILT charges 0.25%/yr vs 0.03%/yr for SCHK.

Performance

TILT vs. SCHK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FlexShares Morningstar US Market Factor Tilt Index Fund (TILT) and Schwab 1000 Index ETF (SCHK). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

The year-to-date returns for both stocks are quite close, with TILT having a 10.78% return and SCHK slightly lower at 10.46%.

TILT

1D
1.04%
1M
1.79%
YTD
10.78%
6M
10.56%
1Y
28.43%
3Y*
19.58%
5Y*
12.22%
10Y*
14.00%

SCHK

1D
1.09%
1M
1.23%
YTD
10.46%
6M
10.53%
1Y
27.01%
3Y*
20.84%
5Y*
13.28%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

TILT vs. SCHK - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
TILT
FlexShares Morningstar US Market Factor Tilt Index Fund		10.78%16.59%19.88%24.70%-17.25%27.61%16.05%29.01%-8.93%5.22%
SCHK
Schwab 1000 Index ETF		10.46%17.23%24.48%26.63%-19.51%26.17%20.75%31.31%-5.09%5.24%

Correlation

The correlation between TILT and SCHK is 0.97 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.97

Correlation (3Y)
Calculated over the trailing 3-year period

0.96

Correlation (5Y)
Calculated over the trailing 5-year period

0.97

Correlation (All Time)
Calculated using the full available price history since Oct 11, 2017

0.96

The correlation between TILT and SCHK has been stable across timeframes, ranging from 0.96 to 0.97 - a consistent structural relationship.

TILT vs. SCHK - Sectors Allocation Comparison

Sectors
TILT
SCHK

Technology

30.4%
38.0%

Financial Services

15.3%
11.2%

Consumer Cyclical

10.6%
9.8%

Industrials

9.7%
8.9%

Healthcare

9.2%
8.4%

Communication Services

8.3%
10.1%

Energy

4.3%
3.2%

Consumer Defensive

4.3%
4.3%

Real Estate

3.0%
2.0%

Basic Materials

2.7%
1.9%

Utilities

2.2%
2.1%

Technology

TILT
30.4%
SCHK
38.0%

Financial Services

TILT
15.3%
SCHK
11.2%

Consumer Cyclical

TILT
10.6%
SCHK
9.8%

Industrials

TILT
9.7%
SCHK
8.9%

Healthcare

TILT
9.2%
SCHK
8.4%

Communication Services

TILT
8.3%
SCHK
10.1%

Energy

TILT
4.3%
SCHK
3.2%

Consumer Defensive

TILT
4.3%
SCHK
4.3%

Real Estate

TILT
3.0%
SCHK
2.0%

Basic Materials

TILT
2.7%
SCHK
1.9%

Utilities

TILT
2.2%
SCHK
2.1%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

FlexShares Morningstar US Market Factor Tilt Index Fund

Schwab 1000 Index ETF

Often compared with TILT:
TILT vs. VTITILT vs. VOOTILT vs. SPYTILT vs. AVUVTILT vs. FVTILT vs. SPYVTILT vs. QYLD
Often compared with SCHK:
SCHK vs. SCHBSCHK vs. VOOSCHK vs. SCHXSCHK vs. SCHGSCHK vs. VTISCHK vs. VONGSCHK vs. SCHD

Return for Risk

TILT vs. SCHK — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
TILT
TILT Risk / Return Rank: 7373
Overall Rank
TILT Sharpe Ratio Rank: 7474
Sharpe Ratio Rank
TILT Sortino Ratio Rank: 7373
Sortino Ratio Rank
TILT Omega Ratio Rank: 7272
Omega Ratio Rank
TILT Calmar Ratio Rank: 6969
Calmar Ratio Rank
TILT Martin Ratio Rank: 7878
Martin Ratio Rank
SCHK
SCHK Risk / Return Rank: 6868
Overall Rank
SCHK Sharpe Ratio Rank: 6969
Sharpe Ratio Rank
SCHK Sortino Ratio Rank: 6666
Sortino Ratio Rank
SCHK Omega Ratio Rank: 6868
Omega Ratio Rank
SCHK Calmar Ratio Rank: 6363
Calmar Ratio Rank
SCHK Martin Ratio Rank: 7474
Martin Ratio Rank
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.

TILT vs. SCHK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FlexShares Morningstar US Market Factor Tilt Index Fund (TILT) and Schwab 1000 Index ETF (SCHK). 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.

TILTSCHKDifference
Sharpe ratioReturn per unit of total volatility
2.24
2.11

+0.13

Sortino ratioReturn per unit of downside risk
3.08
2.86

+0.22

Omega ratioGain probability vs. loss probability

1.40

1.38

+0.02

Calmar ratioReturn relative to maximum drawdown

3.34

3.00

+0.34

Martin ratioReturn relative to average drawdown

14.41

13.44

+0.97

TILT vs. SCHK - Sharpe Ratio Comparison

The current TILT Sharpe Ratio is 2.24, which is comparable to the SCHK Sharpe Ratio of 2.11. The chart below compares the historical Sharpe Ratios of TILT and SCHK, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

TILT vs. SCHK - Drawdown Comparison

The maximum TILT drawdown since its inception was -38.46%, which is greater than SCHK's maximum drawdown of -34.80%. Use the drawdown chart below to compare losses from any high point for TILT and SCHK.

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Drawdown Indicators

TILTSCHKDifference

Max Drawdown

Largest peak-to-trough decline

-38.46%

-34.80%

-3.66%

Max Drawdown (1Y)

Largest decline over 1 year

-8.51%

-8.97%

+0.46%

Max Drawdown (3Y)

Largest decline over 3 years

-19.85%

-19.21%

-0.64%

Max Drawdown (5Y)

Largest decline over 5 years

-24.12%

-25.44%

+1.32%

Max Drawdown (10Y)

Largest decline over 10 years

-38.46%

—

—

Current Drawdown

Current decline from peak

-0.72%

-1.26%

+0.54%

Average Drawdown

Average peak-to-trough decline

-4.22%

-5.16%

+0.94%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.97%

2.00%

-0.03%

Volatility

TILT vs. SCHK - Volatility Comparison

The current volatility for FlexShares Morningstar US Market Factor Tilt Index Fund (TILT) is 4.35%, while Schwab 1000 Index ETF (SCHK) has a volatility of 4.84%. This indicates that TILT experiences smaller price fluctuations and is considered to be less risky than SCHK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

TILTSCHKDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.35%

4.84%

-0.49%

Volatility (6M)

Calculated over the trailing 6-month period

9.59%

10.07%

-0.48%

Volatility (1Y)

Calculated over the trailing 1-year period

12.65%

12.74%

-0.09%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

17.45%

17.33%

+0.12%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

18.78%

19.12%

-0.34%

TILT vs. SCHK - Expense Ratio Comparison

TILT has a 0.25% expense ratio, which is higher than SCHK's 0.03% 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

TILT vs. SCHK - Dividend Comparison

TILT's dividend yield for the trailing twelve months is around 1.35%, more than SCHK's 1.01% yield.

PositionTTM20252024202320222021202020192018201720162015
SCHK
Schwab 1000 Index ETF		1.01%1.09%1.20%1.38%1.57%1.17%1.58%1.82%1.80%0.31%0.00%0.00%
TILT
FlexShares Morningstar US Market Factor Tilt Index Fund		1.08%1.15%1.23%1.44%1.60%1.16%1.49%1.54%1.97%1.55%1.60%1.98%

Frequently Asked Questions

With a correlation of 0.97, TILT and SCHK 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.

SCHK has higher volatility (4.84%) compared to TILT (4.35%). In terms of maximum drawdown, TILT dropped -38.46% vs SCHK's -34.80%.

On 5-year performance, SCHK leads with 13.28% vs 12.22% for TILT. On fees, SCHK is cheaper at 0.03% per year. On volatility, TILT has been the lower-risk option at 4.35%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 5-year period, SCHK has performed better with a 13.28% return vs 12.22%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

SCHK is cheaper with a 0.03% expense ratio, compared with 0.25% for TILT.

TILT has the higher dividend yield at 1.08%, compared with 1.01% for SCHK.

TILT tracks Morningstar US Market Factor Tilt Index, while SCHK tracks Schwab 1000 Index. They also come from different issuers: FlexShares and Charles Schwab. Their fees differ too: 0.25% for TILT and 0.03% for SCHK.

TILT currently has the higher Sharpe Ratio (2.24 vs 2.11), 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.

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