PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
VOTE vs. SCHX
Performance
Return for Risk
Drawdowns
Volatility
Dividends

VOTE vs. SCHX

Last updated Jun 23, 2026

VOTE (Engine No. 1 Transform 500 ETF) and SCHX (Schwab U.S. Large-Cap ETF) are both Large Cap Blend Equities funds - VOTE tracks the Morningstar US Large Cap Index while SCHX tracks the Dow Jones U.S. Large-Cap Total Stock Market Index. Both are passively managed. Over the past 5 years, VOTE returned 13.26%/yr vs 12.86%/yr for SCHX. With a 0.99 correlation, they move nearly in lockstep. VOTE charges 0.05%/yr vs 0.03%/yr for SCHX.

Performance

VOTE vs. SCHX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Engine No. 1 Transform 500 ETF (VOTE) and Schwab U.S. Large-Cap ETF (SCHX). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

The year-to-date returns for both stocks are quite close, with VOTE having a 9.91% return and SCHX slightly lower at 9.45%.

VOTE

1D
-0.46%
1M
0.31%
YTD
9.91%
6M
9.47%
1Y
26.76%
3Y*
21.75%
5Y*
13.26%
10Y*
—

SCHX

1D
-0.41%
1M
0.14%
YTD
9.45%
6M
8.85%
1Y
25.85%
3Y*
21.28%
5Y*
12.86%
10Y*
15.62%
*Multi-year figures are annualized to reflect compound growth (CAGR)

VOTE vs. SCHX - Yearly Performance Comparison

2026 (YTD)20252024202320222021
VOTE
Engine No. 1 Transform 500 ETF		9.91%17.95%25.23%27.60%-19.74%11.77%
SCHX
Schwab U.S. Large-Cap ETF		9.45%17.46%24.88%26.84%-19.41%11.54%

Correlation

The correlation between VOTE and SCHX is 0.99 - 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

0.99

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

0.99

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

0.99

Correlation (All Time)
Calculated using the full available price history since Jun 23, 2021

0.99

The correlation between VOTE and SCHX has been stable across timeframes, ranging from 0.99 to 0.99 - a consistent structural relationship.

VOTE vs. SCHX - Sectors Allocation Comparison

Sectors
VOTE
SCHX

Technology

39.0%
37.8%

Financial Services

10.9%
10.4%

Communication Services

10.7%
9.8%

Consumer Cyclical

9.9%
9.4%

Healthcare

8.3%
8.5%

Industrials

8.1%
8.8%

Consumer Defensive

4.4%
4.5%

Energy

3.2%
3.1%

Utilities

2.0%
2.6%

Basic Materials

1.7%
1.8%

Real Estate

1.7%
2.0%

Technology

VOTE
39.0%
SCHX
37.8%

Financial Services

VOTE
10.9%
SCHX
10.4%

Communication Services

VOTE
10.7%
SCHX
9.8%

Consumer Cyclical

VOTE
9.9%
SCHX
9.4%

Healthcare

VOTE
8.3%
SCHX
8.5%

Industrials

VOTE
8.1%
SCHX
8.8%

Consumer Defensive

VOTE
4.4%
SCHX
4.5%

Energy

VOTE
3.2%
SCHX
3.1%

Utilities

VOTE
2.0%
SCHX
2.6%

Basic Materials

VOTE
1.7%
SCHX
1.8%

Real Estate

VOTE
1.7%
SCHX
2.0%

Compare stocks, funds, or ETFs

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

Engine No. 1 Transform 500 ETF

Schwab U.S. Large-Cap ETF

Often compared with VOTE:
VOTE vs. VOOVOTE vs. SPYVOTE vs. VBVOTE vs. XLGVOTE vs. ESGVVOTE vs. VEAVOTE vs. SPYX
Often compared with SCHX:
SCHX vs. VOOSCHX vs. SWPPXSCHX vs. SCHGSCHX vs. SCHBSCHX vs. SCHDSCHX vs. SPYSCHX vs. FNDX

Return for Risk

VOTE vs. SCHX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
VOTE
VOTE Risk / Return Rank: 6666
Overall Rank
VOTE Sharpe Ratio Rank: 6767
Sharpe Ratio Rank
VOTE Sortino Ratio Rank: 6464
Sortino Ratio Rank
VOTE Omega Ratio Rank: 6666
Omega Ratio Rank
VOTE Calmar Ratio Rank: 6161
Calmar Ratio Rank
VOTE Martin Ratio Rank: 7272
Martin Ratio Rank
SCHX
SCHX Risk / Return Rank: 6464
Overall Rank
SCHX Sharpe Ratio Rank: 6565
Sharpe Ratio Rank
SCHX Sortino Ratio Rank: 6262
Sortino Ratio Rank
SCHX Omega Ratio Rank: 6464
Omega Ratio Rank
SCHX Calmar Ratio Rank: 6060
Calmar Ratio Rank
SCHX Martin Ratio Rank: 7070
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.

VOTE vs. SCHX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Engine No. 1 Transform 500 ETF (VOTE) and Schwab U.S. Large-Cap ETF (SCHX). 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.

VOTESCHXDifference
Sharpe ratioReturn per unit of total volatility
2.12
2.07

+0.05

Sortino ratioReturn per unit of downside risk
2.87
2.80

+0.07

Omega ratioGain probability vs. loss probability

1.38

1.37

+0.01

Calmar ratioReturn relative to maximum drawdown

2.95

2.88

+0.08

Martin ratioReturn relative to average drawdown

13.11

12.67

+0.44

VOTE vs. SCHX - Sharpe Ratio Comparison

The current VOTE Sharpe Ratio is 2.12, which is comparable to the SCHX Sharpe Ratio of 2.07. The chart below compares the historical Sharpe Ratios of VOTE and SCHX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Loading charts...

Drawdowns

VOTE vs. SCHX - Drawdown Comparison

The maximum VOTE drawdown since its inception was -25.71%, smaller than the maximum SCHX drawdown of -34.33%. Use the drawdown chart below to compare losses from any high point for VOTE and SCHX.

Loading charts...

Drawdown Indicators

VOTESCHXDifference

Max Drawdown

Largest peak-to-trough decline

-25.71%

-34.33%

+8.62%

Max Drawdown (1Y)

Largest decline over 1 year

-9.10%

-9.02%

-0.08%

Max Drawdown (3Y)

Largest decline over 3 years

-19.08%

-19.04%

-0.04%

Max Drawdown (5Y)

Largest decline over 5 years

-25.71%

-25.41%

-0.30%

Max Drawdown (10Y)

Largest decline over 10 years

—

-34.33%

—

Current Drawdown

Current decline from peak

-1.70%

-1.84%

+0.14%

Average Drawdown

Average peak-to-trough decline

-6.10%

-3.96%

-2.14%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.05%

2.05%

0.00%

Volatility

VOTE vs. SCHX - Volatility Comparison

Engine No. 1 Transform 500 ETF (VOTE) and Schwab U.S. Large-Cap ETF (SCHX) have volatilities of 4.71% and 4.71%, 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.

Loading charts...

Volatility by Period

VOTESCHXDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.71%

4.71%

0.00%

Volatility (6M)

Calculated over the trailing 6-month period

10.03%

9.86%

+0.17%

Volatility (1Y)

Calculated over the trailing 1-year period

12.71%

12.60%

+0.11%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

17.17%

17.22%

-0.05%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

17.17%

18.20%

-1.03%

VOTE vs. SCHX - Expense Ratio Comparison

VOTE has a 0.05% expense ratio, which is higher than SCHX'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

VOTE vs. SCHX - Dividend Comparison

VOTE's dividend yield for the trailing twelve months is around 0.91%, less than SCHX's 1.02% yield.

PositionTTM20252024202320222021202020192018201720162015
SCHX
Schwab U.S. Large-Cap ETF		1.02%1.09%1.22%1.39%1.64%1.22%1.64%1.82%2.02%1.70%1.92%2.04%
VOTE
Engine No. 1 Transform 500 ETF		0.91%1.03%1.18%1.33%1.54%0.54%0.00%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions

With a correlation of 0.99, VOTE and SCHX 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.

SCHX has higher volatility (4.71%) compared to VOTE (4.71%). In terms of maximum drawdown, VOTE dropped -25.71% vs SCHX's -34.33%.

On 5-year performance, VOTE leads with 13.26% vs 12.86% for SCHX. On fees, SCHX 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.

Over the 5-year period, VOTE has performed better with a 13.26% return vs 12.86%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

SCHX is cheaper with a 0.03% expense ratio, compared with 0.05% for VOTE.

SCHX has the higher dividend yield at 1.02%, compared with 0.91% for VOTE.

VOTE tracks Morningstar US Large Cap Index, while SCHX tracks Dow Jones U.S. Large-Cap Total Stock Market Index. They also come from different issuers: Engine No. 1 LLC and Charles Schwab. Their fees differ too: 0.05% for VOTE and 0.03% for SCHX.

VOTE currently has the higher Sharpe Ratio (2.12 vs 2.07), 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.

Portfolio Optimizer

Find the right allocation for VOTE and SCHX

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Optimizer