WFRPX vs. SCHG
Compare and contrast key facts about Wealthfront Risk Parity Fund Class W (WFRPX) and Schwab U.S. Large-Cap Growth ETF (SCHG).
WFRPX is managed by Wealthfront. It was launched on Jan 22, 2018. SCHG is a passively managed fund by Charles Schwab that tracks the performance of the Dow Jones U.S. Large-Cap Growth Total Stock Market Total Return Index. It was launched on Dec 11, 2009.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WFRPX or SCHG.
Correlation
The correlation between WFRPX and SCHG is 0.67, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
WFRPX vs. SCHG - Performance Comparison
Key characteristics
WFRPX:
0.19
SCHG:
1.64
WFRPX:
0.32
SCHG:
2.19
WFRPX:
1.05
SCHG:
1.30
WFRPX:
0.07
SCHG:
2.37
WFRPX:
0.46
SCHG:
8.98
WFRPX:
4.39%
SCHG:
3.27%
WFRPX:
10.64%
SCHG:
17.91%
WFRPX:
-42.76%
SCHG:
-34.59%
WFRPX:
-23.91%
SCHG:
-1.27%
Returns By Period
In the year-to-date period, WFRPX achieves a -0.39% return, which is significantly lower than SCHG's 3.09% return.
WFRPX
-0.39%
0.00%
-5.30%
2.14%
-5.33%
N/A
SCHG
3.09%
0.91%
13.95%
31.06%
18.74%
16.44%
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WFRPX vs. SCHG - Expense Ratio Comparison
WFRPX has a 0.25% expense ratio, which is higher than SCHG's 0.04% 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%.
Risk-Adjusted Performance
WFRPX vs. SCHG — Risk-Adjusted Performance Rank
WFRPX
SCHG
WFRPX vs. SCHG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Wealthfront Risk Parity Fund Class W (WFRPX) 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.
Dividends
WFRPX vs. SCHG - Dividend Comparison
WFRPX's dividend yield for the trailing twelve months is around 5.20%, more than SCHG's 0.38% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WFRPX Wealthfront Risk Parity Fund Class W | 5.20% | 5.18% | 4.86% | 1.31% | 0.00% | 0.29% | 1.57% | 1.33% | 0.00% | 0.00% | 0.00% | 0.00% |
SCHG Schwab U.S. Large-Cap Growth ETF | 0.38% | 0.40% | 0.46% | 0.55% | 0.42% | 0.52% | 0.82% | 1.27% | 1.01% | 1.04% | 1.22% | 1.09% |
Drawdowns
WFRPX vs. SCHG - Drawdown Comparison
The maximum WFRPX drawdown since its inception was -42.76%, which is greater than SCHG's maximum drawdown of -34.59%. Use the drawdown chart below to compare losses from any high point for WFRPX and SCHG. For additional features, visit the drawdowns tool.
Volatility
WFRPX vs. SCHG - Volatility Comparison
The current volatility for Wealthfront Risk Parity Fund Class W (WFRPX) is 0.00%, while Schwab U.S. Large-Cap Growth ETF (SCHG) has a volatility of 5.01%. This indicates that WFRPX 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.