TWEBX vs. SCHB

Last updated Aug 5, 2026

TWEBX (Tweedy, Browne Value Fund) and SCHB (Schwab U.S. Broad Market ETF) are both funds - TWEBX is a Global Equities fund managed by Tweedy, Browne, while SCHB is a Large Cap Blend Equities fund tracking the Dow Jones U.S. Broad Stock Market Index. Over the past 10 years, TWEBX returned 8.73%/yr vs 14.85%/yr for SCHB. Their correlation of 0.81 means they have usually moved in the same direction. TWEBX charges 1.40%/yr vs 0.03%/yr for SCHB.

Performance

TWEBX vs. SCHB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tweedy, Browne Value Fund (TWEBX) and Schwab U.S. Broad Market ETF (SCHB). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TWEBX achieves a 15.33% return, which is significantly higher than SCHB's 14.22% return. Over the past 10 years, TWEBX has underperformed SCHB with an annualized return of 8.73%, while SCHB has yielded a comparatively higher 14.85% annualized return.

TWEBX

• 1D: 0.75%
• 1M: 2.11%
• 6M: 8.29%
• YTD: 15.33%
• 1Y: 27.57%
• 3Y*: 13.98%
• 5Y*: 9.49%
• 10Y*: 8.73%
• ALL TIME*: 8.02%

SCHB

• 1D: 1.81%
• 1M: 3.22%
• 6M: 12.72%
• YTD: 14.22%
• 1Y: 23.84%
• 3Y*: 21.11%
• 5Y*: 12.34%
• 10Y*: 14.85%
• ALL TIME*: 14.38%

*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)
SCHB Schwab U.S. Broad Market ETF	$210.48M	$197.72M	$257.21M
TWEBX Tweedy, Browne Value Fund	$0.00	$0.00	$0.00

TWEBX vs. SCHB - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
TWEBX Tweedy, Browne Value Fund	15.33%	21.59%	1.30%	15.21%	-5.65%	16.20%	-2.00%	16.09%	-6.43%	15.54%
SCHB Schwab U.S. Broad Market ETF	14.22%	16.94%	23.93%	26.16%	-19.46%	25.84%	20.76%	30.79%	-5.43%	21.20%

Correlation

The correlation between TWEBX and SCHB is 0.50, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.50
Correlation (3Y) Balances recent behavior with more history.	0.62
Correlation (5Y) Shows whether the relationship held over a longer period.	0.73
Correlation (10Y) Provides a long-term view across more market conditions.	0.77
Correlation (All Time) Calculated using the full available price history since Nov 3, 2009	0.81

Over the past year, the correlation between TWEBX and SCHB has dropped to 0.50 - well below their long-term average of 0.81, suggesting their price drivers have been diverging.

Return for Risk

TWEBX vs. SCHB — Risk / Return Rank

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

TWEBX

TWEBX Risk / Return Rank: 90
TWEBX Sharpe Ratio Rank: 97
TWEBX Sortino Ratio Rank: 96
TWEBX Omega Ratio Rank: 95
TWEBX Calmar Ratio Rank: 84
TWEBX Martin Ratio Rank: 81

SCHB

SCHB Risk / Return Rank: 72
SCHB Sharpe Ratio Rank: 71
SCHB Sortino Ratio Rank: 69
SCHB Omega Ratio Rank: 69
SCHB Calmar Ratio Rank: 69
SCHB Martin Ratio Rank: 79

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.

TWEBX vs. SCHB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tweedy, Browne Value Fund (TWEBX) and Schwab U.S. Broad Market ETF (SCHB). 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.

	TWEBX	SCHB	Difference
Sharpe ratio: Return per unit of total volatility	2.88	1.83	+1.06
Sortino ratio: Return per unit of downside risk	4.14	2.52	+1.62
Omega ratio: Gain probability vs. loss probability	1.55	1.33	+0.23
Calmar ratio: Return relative to maximum drawdown	3.09	2.69	+0.41
Martin ratio: Return relative to average drawdown	11.05	11.52	-0.47

TWEBX vs. SCHB - Sharpe Ratio Comparison

The current TWEBX Sharpe Ratio is 2.88, which is higher than the SCHB Sharpe Ratio of 1.83. The chart below compares the historical Sharpe Ratios of TWEBX and SCHB, 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

TWEBX vs. SCHB - Drawdown Comparison

The maximum TWEBX drawdown since its inception was -45.77%, which is greater than SCHB's maximum drawdown of -35.27%. Use the drawdown chart below to compare losses from any high point for TWEBX and SCHB.

Drawdown Indicators

	TWEBX	SCHB	Difference
Max Drawdown Largest peak-to-trough decline	-45.77%	-35.27%	-10.50%
Max Drawdown (1Y) Largest decline over 1 year	-9.17%	-8.91%	-0.26%
Max Drawdown (3Y) Largest decline over 3 years	-12.49%	-19.34%	+6.85%
Max Drawdown (5Y) Largest decline over 5 years	-19.03%	-25.41%	+6.38%
Max Drawdown (10Y) Largest decline over 10 years	-32.88%	-35.27%	+2.39%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-5.66%	-4.09%	-1.57%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.56%	2.08%	+0.48%

Volatility

TWEBX vs. SCHB - Volatility Comparison

The current volatility for Tweedy, Browne Value Fund (TWEBX) is 2.72%, while Schwab U.S. Broad Market ETF (SCHB) has a volatility of 4.09%. This indicates that TWEBX experiences smaller price fluctuations and is considered to be less risky than SCHB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TWEBX	SCHB	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.72%	4.09%	-1.37%
Volatility (6M) Calculated over the trailing 6-month period	8.17%	10.50%	-2.33%
Volatility (1Y) Calculated over the trailing 1-year period	9.86%	13.18%	-3.32%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.09%	17.39%	-5.30%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.77%	18.34%	-4.57%

TWEBX vs. SCHB - Expense Ratio Comparison

TWEBX has a 1.40% expense ratio, which is higher than SCHB's 0.03% expense ratio.

Dividends

TWEBX vs. SCHB - Dividend Comparison

TWEBX's dividend yield for the trailing twelve months is around 3.32%, more than SCHB's 1.01% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SCHB Schwab U.S. Broad Market ETF	1.01%	1.11%	1.24%	1.40%	1.61%	1.21%	1.63%	1.80%	2.00%	1.65%	1.86%	2.00%
TWEBX Tweedy, Browne Value Fund	3.32%	3.83%	11.81%	7.47%	6.52%	12.18%	2.02%	5.49%	24.34%	0.78%	4.42%	4.36%

Frequently Asked Questions

Can I hold both TWEBX and SCHB in my portfolio?

TWEBX and SCHB have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TWEBX or SCHB?

SCHB has higher volatility (4.09%) compared to TWEBX (2.72%). In terms of maximum drawdown, TWEBX dropped -45.77% vs SCHB's -35.27%.

Which has better risk-adjusted returns?

TWEBX currently has the higher Sharpe Ratio (2.88 vs 1.83), 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.