VV vs. SCHX

Last updated Jul 14, 2026

VV (Vanguard Large-Cap ETF) and SCHX (Schwab U.S. Large-Cap ETF) are both Large Cap Blend Equities funds - VV tracks the CRSP 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 10 years, VV returned 15.17%/yr vs 15.02%/yr for SCHX. With a 1.00 correlation, they move nearly in lockstep. VV charges 0.04%/yr vs 0.03%/yr for SCHX.

Performance

VV vs. SCHX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Large-Cap ETF (VV) and Schwab U.S. Large-Cap ETF (SCHX). 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 VV having a 10.23% return and SCHX slightly higher at 10.34%. Both investments have delivered pretty close results over the past 10 years, with VV having a 15.17% annualized return and SCHX not far behind at 15.02%.

VV

• 1D: -0.77%
• 1M: 1.34%
• 6M: 8.23%
• YTD: 10.23%
• 1Y: 21.28%
• 3Y*: 20.34%
• 5Y*: 12.62%
• 10Y*: 15.17%

SCHX

• 1D: -0.71%
• 1M: 1.36%
• 6M: 8.09%
• YTD: 10.34%
• 1Y: 20.91%
• 3Y*: 20.02%
• 5Y*: 12.42%
• 10Y*: 15.02%

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

VV vs. SCHX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
VV Vanguard Large-Cap ETF	10.23%	18.11%	25.25%	27.18%	-19.91%	27.41%	21.04%	31.25%	-4.46%	22.00%
SCHX Schwab U.S. Large-Cap ETF	10.34%	17.46%	24.88%	26.84%	-19.41%	26.81%	20.81%	31.22%	-4.66%	21.95%

Correlation

The correlation between VV and SCHX is 1.00 - 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	1.00
Correlation (3Y) Calculated over the trailing 3-year period	0.99
Correlation (5Y) Calculated over the trailing 5-year period	1.00
Correlation (10Y) Calculated over the trailing 10-year period	1.00
Correlation (All Time) Calculated using the full available price history since Nov 3, 2009	1.00

The correlation between VV and SCHX has been stable across timeframes, ranging from 0.99 to 1.00 - a consistent structural relationship.

VV vs. SCHX - Sectors Allocation Comparison

Sectors	VV	SCHX
Technology	39.5%	38.3%
Financial Services	11.0%	11.1%
Communication Services	10.8%	10.3%
Consumer Cyclical	9.7%	9.8%
Healthcare	8.4%	8.4%
Industrials	7.9%	8.6%
Consumer Defensive	4.4%	4.4%
Energy	3.2%	3.2%
Utilities	2.0%	2.1%
Real Estate	1.6%	2.0%
Basic Materials	1.5%	1.8%

Return for Risk

VV vs. SCHX — Risk / Return Rank

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

VV

VV Risk / Return Rank: 64
VV Sharpe Ratio Rank: 64
VV Sortino Ratio Rank: 63
VV Omega Ratio Rank: 63
VV Calmar Ratio Rank: 58
VV Martin Ratio Rank: 69

SCHX

SCHX Risk / Return Rank: 63
SCHX Sharpe Ratio Rank: 63
SCHX Sortino Ratio Rank: 62
SCHX Omega Ratio Rank: 62
SCHX Calmar Ratio Rank: 58
SCHX Martin Ratio Rank: 69

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.

VV vs. SCHX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Large-Cap ETF (VV) 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.

	VV	SCHX	Difference
Sharpe ratio: Return per unit of total volatility	1.69	1.66	+0.03
Sortino ratio: Return per unit of downside risk	2.33	2.29	+0.04
Omega ratio: Gain probability vs. loss probability	1.30	1.30	0.00
Calmar ratio: Return relative to maximum drawdown	2.32	2.33	0.00
Martin ratio: Return relative to average drawdown	10.00	9.98	+0.02

VV vs. SCHX - Sharpe Ratio Comparison

The current VV Sharpe Ratio is 1.69, which is comparable to the SCHX Sharpe Ratio of 1.66. The chart below compares the historical Sharpe Ratios of VV 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.

Drawdowns

VV vs. SCHX - Drawdown Comparison

The maximum VV drawdown since its inception was -54.81%, which is greater than SCHX's maximum drawdown of -34.33%. Use the drawdown chart below to compare losses from any high point for VV and SCHX.

Drawdown Indicators

	VV	SCHX	Difference
Max Drawdown Largest peak-to-trough decline	-54.81%	-34.33%	-20.48%
Max Drawdown (1Y) Largest decline over 1 year	-9.21%	-9.02%	-0.19%
Max Drawdown (3Y) Largest decline over 3 years	-18.97%	-19.04%	+0.07%
Max Drawdown (5Y) Largest decline over 5 years	-25.66%	-25.41%	-0.25%
Max Drawdown (10Y) Largest decline over 10 years	-34.28%	-34.33%	+0.05%
Current Drawdown Current decline from peak	-1.13%	-1.04%	-0.09%
Average Drawdown Average peak-to-trough decline	-6.81%	-3.95%	-2.86%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.13%	2.10%	+0.03%

Volatility

VV vs. SCHX - Volatility Comparison

Vanguard Large-Cap ETF (VV) and Schwab U.S. Large-Cap ETF (SCHX) have volatilities of 4.14% and 4.03%, 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

	VV	SCHX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.14%	4.03%	+0.11%
Volatility (6M) Calculated over the trailing 6-month period	10.04%	10.02%	+0.02%
Volatility (1Y) Calculated over the trailing 1-year period	12.71%	12.69%	+0.02%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.34%	17.24%	+0.10%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.19%	18.14%	+0.05%

VV vs. SCHX - Expense Ratio Comparison

VV has a 0.04% 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

VV vs. SCHX - Dividend Comparison

VV's dividend yield for the trailing twelve months is around 1.02%, which matches SCHX's 1.03% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SCHX Schwab U.S. Large-Cap ETF	1.03%	1.09%	1.22%	1.39%	1.64%	1.22%	1.64%	1.82%	2.02%	1.70%	1.92%	2.04%
VV Vanguard Large-Cap ETF	1.02%	1.08%	1.24%	1.41%	1.66%	1.19%	1.46%	1.81%	2.09%	1.75%	1.98%	1.96%

Frequently Asked Questions

Can I hold both VV and SCHX in my portfolio?

With a correlation of 1.00, VV 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.

Which is riskier, VV or SCHX?

VV has higher volatility (4.14%) compared to SCHX (4.03%). In terms of maximum drawdown, VV dropped -54.81% vs SCHX's -34.33%.

Which ETF is better, VV or SCHX?

On 10-year performance, VV leads with 15.17% vs 15.02% for SCHX. On fees, SCHX is cheaper at 0.03% per year. On volatility, SCHX has been the lower-risk option at 4.03%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, VV or SCHX?

Over the 10-year period, VV has performed better with a 15.17% return vs 15.02%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, VV or SCHX?

SCHX is cheaper with a 0.03% expense ratio, compared with 0.04% for VV.

Which ETF pays a higher dividend yield, VV or SCHX?

VV and SCHX have nearly identical dividend yields, around 1.02%.

What is the main difference between VV and SCHX?

VV tracks CRSP US Large Cap Index, while SCHX tracks Dow Jones U.S. Large-Cap Total Stock Market Index. They also come from different issuers: Vanguard and Charles Schwab. Their fees differ too: 0.04% for VV and 0.03% for SCHX.

Which has better risk-adjusted returns?

VV currently has the higher Sharpe Ratio (1.69 vs 1.66), 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.