TOV vs. SCHK

Last updated Aug 6, 2026

TOV (JLens 500 Jewish Advocacy U.S. ETF) and SCHK (Schwab 1000 Index ETF) are both Large Cap Blend Equities funds - TOV tracks the JLens 500 Jewish Advocacy U.S. Index while SCHK tracks the Schwab 1000 Index. Both are passively managed. Over the past year, TOV returned 23.75% vs 23.78% for SCHK. Their 0.98 correlation means they have historically moved very closely together. TOV charges 0.18%/yr vs 0.03%/yr for SCHK.

Performance

TOV vs. SCHK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JLens 500 Jewish Advocacy U.S. ETF (TOV) and Schwab 1000 Index ETF (SCHK). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with TOV having a 13.69% return and SCHK slightly higher at 13.79%.

TOV

• 1D: -0.08%
• 1M: 2.47%
• 6M: 13.10%
• YTD: 13.69%
• 1Y: 23.75%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 20.48%

SCHK

• 1D: -0.16%
• 1M: 2.34%
• 6M: 13.03%
• YTD: 13.79%
• 1Y: 23.78%
• 3Y*: 21.32%
• 5Y*: 12.55%
• 10Y*: —
• ALL TIME*: 14.82%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
SCHK Schwab 1000 Index ETF	$29.86M	$29.08M	$28.54M
TOV JLens 500 Jewish Advocacy U.S. ETF	$53.32K	$104.73K	$282.58K

TOV vs. SCHK - Yearly Performance Comparison

	2026 (YTD)	2025
TOV JLens 500 Jewish Advocacy U.S. ETF	13.69%	14.91%
SCHK Schwab 1000 Index ETF	13.79%	15.75%

Correlation

The correlation between TOV and SCHK is 0.98 - they have historically moved very closely together. At this level, their price movements offset little of one another.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.98
Correlation (All Time) Calculated using the full available price history since Feb 27, 2025	0.98

The correlation between TOV and SCHK has been stable across timeframes, ranging from 0.98 to 0.98 - a consistent structural relationship.

TOV vs. SCHK - Sectors Allocation Comparison

Sectors	TOV	SCHK
Technology	38.3%	36.7%
Financial Services	11.8%	11.8%
Communication Services	10.1%	9.4%
Consumer Cyclical	9.2%	9.6%
Healthcare	9.1%	9.2%
Industrials	8.9%	9.5%
Consumer Defensive	4.4%	4.5%
Energy	3.0%	3.1%
Utilities	2.1%	2.2%
Real Estate	1.6%	2.2%
Basic Materials	1.6%	1.9%

Return for Risk

TOV vs. SCHK — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

TOV

TOV Risk / Return Rank: 69
TOV Sharpe Ratio Rank: 68
TOV Sortino Ratio Rank: 67
TOV Omega Ratio Rank: 66
TOV Calmar Ratio Rank: 67
TOV Martin Ratio Rank: 76

SCHK

SCHK Risk / Return Rank: 70
SCHK Sharpe Ratio Rank: 69
SCHK Sortino Ratio Rank: 68
SCHK Omega Ratio Rank: 68
SCHK Calmar Ratio Rank: 67
SCHK Martin Ratio Rank: 78

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

TOV vs. SCHK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JLens 500 Jewish Advocacy U.S. ETF (TOV) 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.

	TOV	SCHK	Difference
Sharpe ratio: Return per unit of total volatility	1.81	1.82	-0.02
Sortino ratio: Return per unit of downside risk	2.51	2.52	-0.01
Omega ratio: Gain probability vs. loss probability	1.32	1.33	-0.01
Calmar ratio: Return relative to maximum drawdown	2.68	2.66	+0.02
Martin ratio: Return relative to average drawdown	10.97	11.42	-0.45

TOV vs. SCHK - Sharpe Ratio Comparison

The current TOV Sharpe Ratio is 1.81, which is comparable to the SCHK Sharpe Ratio of 1.82. The chart below compares the historical Sharpe Ratios of TOV 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.

Drawdowns

TOV vs. SCHK - Drawdown Comparison

The maximum TOV drawdown since its inception was -16.97%, smaller than the maximum SCHK drawdown of -34.80%. Use the drawdown chart below to compare losses from any high point for TOV and SCHK.

Drawdown Indicators

	TOV	SCHK	Difference
Max Drawdown Largest peak-to-trough decline	-16.97%	-34.80%	+17.83%
Max Drawdown (1Y) Largest decline over 1 year	-8.89%	-8.97%	+0.08%
Max Drawdown (3Y) Largest decline over 3 years	—	-19.21%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-25.44%	—
Current Drawdown Current decline from peak	-0.08%	-0.16%	+0.08%
Average Drawdown Average peak-to-trough decline	-2.16%	-5.11%	+2.95%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.17%	2.09%	+0.08%

Volatility

TOV vs. SCHK - Volatility Comparison

JLens 500 Jewish Advocacy U.S. ETF (TOV) and Schwab 1000 Index ETF (SCHK) have volatilities of 4.15% and 4.06%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TOV	SCHK	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.15%	4.06%	+0.09%
Volatility (6M) Calculated over the trailing 6-month period	10.59%	10.46%	+0.13%
Volatility (1Y) Calculated over the trailing 1-year period	13.21%	13.11%	+0.10%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.66%	17.37%	+0.29%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.66%	19.05%	-1.39%

TOV vs. SCHK - Expense Ratio Comparison

TOV has a 0.18% 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

TOV vs. SCHK - Dividend Comparison

TOV's dividend yield for the trailing twelve months is around 0.83%, less than SCHK's 1.00% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
SCHK Schwab 1000 Index ETF	1.00%	1.09%	1.20%	1.38%	1.57%	1.17%	1.58%	1.82%	1.80%	0.31%
TOV JLens 500 Jewish Advocacy U.S. ETF	0.83%	0.76%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both TOV and SCHK in my portfolio?

With a correlation of 0.98, TOV 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.

Which is riskier, TOV or SCHK?

TOV has higher volatility (4.15%) compared to SCHK (4.06%). In terms of maximum drawdown, TOV dropped -16.97% vs SCHK's -34.80%.

Which ETF is better, TOV or SCHK?

On 1-year performance, SCHK leads with 23.78% vs 23.75% for TOV. On fees, SCHK is cheaper at 0.03% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, TOV or SCHK?

Over the 1-year period, SCHK has performed better with a 23.78% return vs 23.75%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, TOV or SCHK?

SCHK is cheaper with a 0.03% expense ratio, compared with 0.18% for TOV.

Which ETF pays a higher dividend yield, TOV or SCHK?

SCHK has the higher dividend yield at 1.00%, compared with 0.83% for TOV.

What is the main difference between TOV and SCHK?

TOV tracks JLens 500 Jewish Advocacy U.S. Index, while SCHK tracks Schwab 1000 Index. They also come from different issuers: JLens and Charles Schwab. Their fees differ too: 0.18% for TOV and 0.03% for SCHK.

Which has better risk-adjusted returns?

SCHK currently has the higher Sharpe Ratio (1.82 vs 1.81), 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.