VPC vs. SCHG

Last updated Jul 14, 2026

VPC (Virtus Private Credit ETF) and SCHG (Schwab U.S. Large-Cap Growth ETF) are both exchange-traded funds - VPC is a Nontraditional Bonds fund tracking the Indxx Private Credit Index, while SCHG is a Large Cap Growth Equities fund tracking the Dow Jones U.S. Large-Cap Growth Total Stock Market Index. Both are passively managed. Over the past 5 years, VPC returned 0.83%/yr vs 13.40%/yr for SCHG. At a 0.47 correlation, their price movements are largely independent. VPC charges 0.75%/yr vs 0.04%/yr for SCHG.

Performance

VPC vs. SCHG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Virtus Private Credit ETF (VPC) and Schwab U.S. Large-Cap Growth ETF (SCHG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, VPC achieves a -10.57% return, which is significantly lower than SCHG's 5.60% return.

VPC

• 1D: -0.57%
• 1M: -1.11%
• 6M: -11.86%
• YTD: -10.57%
• 1Y: -17.78%
• 3Y*: 0.25%
• 5Y*: 0.83%
• 10Y*: —

SCHG

• 1D: -0.81%
• 1M: 2.95%
• 6M: 4.67%
• YTD: 5.60%
• 1Y: 17.59%
• 3Y*: 22.02%
• 5Y*: 13.40%
• 10Y*: 18.43%

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

VPC vs. SCHG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
VPC Virtus Private Credit ETF	-10.57%	-6.75%	10.52%	22.20%	-11.70%	34.18%	-9.50%	9.25%
SCHG Schwab U.S. Large-Cap Growth ETF	5.60%	17.50%	34.95%	50.10%	-31.80%	28.11%	39.14%	24.40%

Correlation

The correlation between VPC and SCHG is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.41
Correlation (3Y) Calculated over the trailing 3-year period	0.40
Correlation (5Y) Calculated over the trailing 5-year period	0.48
Correlation (All Time) Calculated using the full available price history since Feb 8, 2019	0.47

Return for Risk

VPC vs. SCHG — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

VPC

VPC Risk / Return Rank: 1
VPC Sharpe Ratio Rank: 0
VPC Sortino Ratio Rank: 1
VPC Omega Ratio Rank: 1
VPC Calmar Ratio Rank: 3
VPC Martin Ratio Rank: 2

SCHG

SCHG Risk / Return Rank: 33
SCHG Sharpe Ratio Rank: 38
SCHG Sortino Ratio Rank: 35
SCHG Omega Ratio Rank: 35
SCHG Calmar Ratio Rank: 27
SCHG Martin Ratio Rank: 30

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.

VPC vs. SCHG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Virtus Private Credit ETF (VPC) and Schwab U.S. Large-Cap Growth ETF (SCHG). 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.

	VPC	SCHG	Difference
Sharpe ratio: Return per unit of total volatility	-1.31	1.08	-2.40
Sortino ratio: Return per unit of downside risk	-1.83	1.53	-3.37
Omega ratio: Gain probability vs. loss probability	0.80	1.19	-0.40
Calmar ratio: Return relative to maximum drawdown	-0.78	1.08	-1.86
Martin ratio: Return relative to average drawdown	-1.38	3.45	-4.83

VPC vs. SCHG - Sharpe Ratio Comparison

The current VPC Sharpe Ratio is -1.31, which is lower than the SCHG Sharpe Ratio of 1.08. The chart below compares the historical Sharpe Ratios of VPC and SCHG, 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

VPC vs. SCHG - Drawdown Comparison

The maximum VPC drawdown since its inception was -53.45%, which is greater than SCHG's maximum drawdown of -34.59%. Use the drawdown chart below to compare losses from any high point for VPC and SCHG.

Drawdown Indicators

	VPC	SCHG	Difference
Max Drawdown Largest peak-to-trough decline	-53.45%	-34.59%	-18.86%
Max Drawdown (1Y) Largest decline over 1 year	-22.76%	-16.41%	-6.35%
Max Drawdown (3Y) Largest decline over 3 years	-24.86%	-23.39%	-1.47%
Max Drawdown (5Y) Largest decline over 5 years	-24.86%	-34.59%	+9.73%
Max Drawdown (10Y) Largest decline over 10 years	—	-34.59%	—
Current Drawdown Current decline from peak	-20.79%	-2.54%	-18.25%
Average Drawdown Average peak-to-trough decline	-7.85%	-5.19%	-2.66%
Ulcer Index Depth and duration of drawdowns from previous peaks	12.94%	5.11%	+7.83%

Volatility

VPC vs. SCHG - Volatility Comparison

The current volatility for Virtus Private Credit ETF (VPC) is 3.74%, while Schwab U.S. Large-Cap Growth ETF (SCHG) has a volatility of 5.17%. This indicates that VPC experiences smaller price fluctuations and is considered to be less risky than SCHG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VPC	SCHG	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.74%	5.17%	-1.43%
Volatility (6M) Calculated over the trailing 6-month period	11.13%	12.75%	-1.62%
Volatility (1Y) Calculated over the trailing 1-year period	13.61%	16.33%	-2.72%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.59%	22.41%	-8.82%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.47%	21.57%	-1.10%

VPC vs. SCHG - Expense Ratio Comparison

VPC has a 0.75% expense ratio, which is higher than SCHG's 0.04% expense ratio.

Dividends

VPC vs. SCHG - Dividend Comparison

VPC's dividend yield for the trailing twelve months is around 16.29%, more than SCHG's 0.38% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SCHG Schwab U.S. Large-Cap Growth ETF	0.38%	0.36%	0.39%	0.46%	0.55%	0.42%	0.52%	0.82%	1.27%	1.01%	1.04%	1.22%
VPC Virtus Private Credit ETF	16.29%	14.33%	11.26%	11.71%	10.74%	6.31%	10.06%	8.19%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both VPC and SCHG in my portfolio?

VPC and SCHG have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, VPC or SCHG?

SCHG has higher volatility (5.17%) compared to VPC (3.74%). In terms of maximum drawdown, VPC dropped -53.45% vs SCHG's -34.59%.

Which ETF is better, VPC or SCHG?

On 5-year performance, SCHG leads with 13.40% vs 0.83% for VPC. On fees, SCHG is cheaper at 0.04% per year. On volatility, VPC has been the lower-risk option at 3.74%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, VPC or SCHG?

Over the 5-year period, SCHG has performed better with a 13.40% return vs 0.83%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, VPC or SCHG?

SCHG is cheaper with a 0.04% expense ratio, compared with 0.75% for VPC.

Which ETF pays a higher dividend yield, VPC or SCHG?

VPC has the higher dividend yield at 16.29%, compared with 0.38% for SCHG.

What is the main difference between VPC and SCHG?

VPC is categorized as Nontraditional Bonds, while SCHG is Large Cap Growth Equities. VPC tracks Indxx Private Credit Index, while SCHG tracks Dow Jones U.S. Large-Cap Growth Total Stock Market Index. They also come from different issuers: Virtus Investment Partners and Charles Schwab. Their fees differ too: 0.75% for VPC and 0.04% for SCHG.

Which has better risk-adjusted returns?

SCHG currently has the higher Sharpe Ratio (1.08 vs -1.31), 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.