WGROX vs. SCHD

Last updated Jul 21, 2026

WGROX (Wasatch Core Growth Fund) and SCHD (Schwab U.S. Dividend Equity ETF) are both funds - WGROX is a Small Cap Growth Equities fund managed by Wasatch, while SCHD is a Dividend fund tracking the Dow Jones U.S. Dividend 100 Index. Over the past 10 years, WGROX returned 10.84%/yr vs 12.32%/yr for SCHD. A 0.72 correlation means they provide meaningful diversification when combined. WGROX charges 1.17%/yr vs 0.06%/yr for SCHD.

Performance

WGROX vs. SCHD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Wasatch Core Growth Fund (WGROX) and Schwab U.S. Dividend Equity ETF (SCHD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, WGROX achieves a 5.21% return, which is significantly lower than SCHD's 21.36% return. Over the past 10 years, WGROX has underperformed SCHD with an annualized return of 10.84%, while SCHD has yielded a comparatively higher 12.32% annualized return.

WGROX

• 1D: -1.36%
• 1M: 0.19%
• 6M: -1.84%
• YTD: 5.21%
• 1Y: -1.48%
• 3Y*: 5.82%
• 5Y*: 1.27%
• 10Y*: 10.84%
• ALL TIME*: 11.08%

SCHD

• 1D: -0.49%
• 1M: 3.61%
• 6M: 15.19%
• YTD: 21.36%
• 1Y: 25.66%
• 3Y*: 13.54%
• 5Y*: 9.15%
• 10Y*: 12.32%
• ALL TIME*: 13.25%

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

WGROX vs. SCHD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
WGROX Wasatch Core Growth Fund	5.21%	-10.37%	13.13%	33.43%	-30.86%	20.76%	36.73%	33.31%	-3.75%	24.29%
SCHD Schwab U.S. Dividend Equity ETF	21.36%	4.34%	11.66%	4.54%	-3.26%	29.87%	15.03%	27.29%	-5.56%	20.85%

Correlation

The correlation between WGROX and SCHD is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.42
Correlation (3Y) Calculated over the trailing 3-year period	0.61
Correlation (5Y) Calculated over the trailing 5-year period	0.69
Correlation (10Y) Calculated over the trailing 10-year period	0.70
Correlation (All Time) Calculated using the full available price history since Oct 20, 2011	0.72

Over the past year, the correlation between WGROX and SCHD has dropped to 0.42 - well below their long-term average of 0.72, suggesting their price drivers have been diverging.

Return for Risk

WGROX vs. SCHD — Risk / Return Rank

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

WGROX

WGROX Risk / Return Rank: 2
WGROX Sharpe Ratio Rank: 2
WGROX Sortino Ratio Rank: 3
WGROX Omega Ratio Rank: 3
WGROX Calmar Ratio Rank: 2
WGROX Martin Ratio Rank: 2

SCHD

SCHD Risk / Return Rank: 91
SCHD Sharpe Ratio Rank: 90
SCHD Sortino Ratio Rank: 93
SCHD Omega Ratio Rank: 88
SCHD Calmar Ratio Rank: 95
SCHD Martin Ratio Rank: 87

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.

WGROX vs. SCHD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Wasatch Core Growth Fund (WGROX) and Schwab U.S. Dividend Equity ETF (SCHD). 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.

	WGROX	SCHD	Difference
Sharpe ratio: Return per unit of total volatility	-0.11	2.34	-2.45
Sortino ratio: Return per unit of downside risk	-0.02	3.63	-3.66
Omega ratio: Gain probability vs. loss probability	1.00	1.42	-0.42
Calmar ratio: Return relative to maximum drawdown	-0.14	5.59	-5.73
Martin ratio: Return relative to average drawdown	-0.36	13.64	-14.00

WGROX vs. SCHD - Sharpe Ratio Comparison

The current WGROX Sharpe Ratio is -0.11, which is lower than the SCHD Sharpe Ratio of 2.34. The chart below compares the historical Sharpe Ratios of WGROX and SCHD, 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

WGROX vs. SCHD - Drawdown Comparison

The maximum WGROX drawdown since its inception was -61.61%, which is greater than SCHD's maximum drawdown of -33.37%. Use the drawdown chart below to compare losses from any high point for WGROX and SCHD.

Drawdown Indicators

	WGROX	SCHD	Difference
Max Drawdown Largest peak-to-trough decline	-61.61%	-33.37%	-28.24%
Max Drawdown (1Y) Largest decline over 1 year	-15.58%	-4.61%	-10.97%
Max Drawdown (3Y) Largest decline over 3 years	-27.61%	-16.13%	-11.48%
Max Drawdown (5Y) Largest decline over 5 years	-40.16%	-16.85%	-23.31%
Max Drawdown (10Y) Largest decline over 10 years	-40.16%	-33.37%	-6.79%
Current Drawdown Current decline from peak	-14.65%	-0.88%	-13.77%
Average Drawdown Average peak-to-trough decline	-9.91%	-3.30%	-6.61%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.14%	1.89%	+4.25%

Volatility

WGROX vs. SCHD - Volatility Comparison

Wasatch Core Growth Fund (WGROX) has a higher volatility of 5.79% compared to Schwab U.S. Dividend Equity ETF (SCHD) at 3.63%. This indicates that WGROX's price experiences larger fluctuations and is considered to be riskier than SCHD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WGROX	SCHD	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.79%	3.63%	+2.16%
Volatility (6M) Calculated over the trailing 6-month period	14.75%	7.97%	+6.78%
Volatility (1Y) Calculated over the trailing 1-year period	19.67%	11.05%	+8.62%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.12%	14.37%	+8.75%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.31%	16.71%	+6.60%

WGROX vs. SCHD - Expense Ratio Comparison

WGROX has a 1.17% expense ratio, which is higher than SCHD's 0.06% expense ratio.

Dividends

WGROX vs. SCHD - Dividend Comparison

WGROX's dividend yield for the trailing twelve months is around 8.13%, more than SCHD's 3.20% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SCHD Schwab U.S. Dividend Equity ETF	3.20%	3.82%	3.64%	3.49%	3.39%	2.78%	3.16%	2.98%	3.06%	2.63%	2.89%	2.97%
WGROX Wasatch Core Growth Fund	8.13%	8.55%	9.22%	0.00%	0.71%	16.82%	7.21%	10.73%	10.14%	6.24%	0.15%	12.70%

Frequently Asked Questions

Can I hold both WGROX and SCHD in my portfolio?

WGROX and SCHD have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, WGROX or SCHD?

WGROX has higher volatility (5.79%) compared to SCHD (3.63%). In terms of maximum drawdown, WGROX dropped -61.61% vs SCHD's -33.37%.

Which has better risk-adjusted returns?

SCHD currently has the higher Sharpe Ratio (2.34 vs -0.11), 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.