WULF vs. SCHG

Last updated Jun 10, 2026

WULF (TeraWulf Inc.) is a stock, while SCHG (Schwab U.S. Large-Cap Growth ETF) is Large Cap Growth Equities fund tracking the Dow Jones U.S. Large-Cap Growth Total Stock Market Index. Over the past 10 years, WULF returned 10.43%/yr vs 18.43%/yr for SCHG. At a 0.18 correlation, their price movements are largely independent.

Performance

WULF vs. SCHG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in TeraWulf Inc. (WULF) 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, WULF achieves a 120.19% return, which is significantly higher than SCHG's 2.92% return. Over the past 10 years, WULF has underperformed SCHG with an annualized return of 10.43%, while SCHG has yielded a comparatively higher 18.43% annualized return.

WULF

• 1D: -2.17%
• 1M: 8.17%
• YTD: 120.19%
• 6M: 62.28%
• 1Y: 458.50%
• 3Y*: 166.95%
• 5Y*: 21.93%
• 10Y*: 10.43%

SCHG

• 1D: -0.80%
• 1M: -1.73%
• YTD: 2.92%
• 6M: 2.08%
• 1Y: 19.69%
• 3Y*: 23.70%
• 5Y*: 14.48%
• 10Y*: 18.43%

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

WULF vs. SCHG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
WULF TeraWulf Inc.	120.19%	103.00%	135.83%	260.58%	-95.58%	77.08%	86.34%	-36.55%	12.13%	-33.16%
SCHG Schwab U.S. Large-Cap Growth ETF	2.92%	17.50%	34.95%	50.10%	-31.80%	28.11%	39.14%	36.02%	-1.36%	28.05%

Correlation

The correlation between WULF and SCHG is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.39
Correlation (3Y) Calculated over the trailing 3-year period	0.42
Correlation (5Y) Calculated over the trailing 5-year period	0.39
Correlation (10Y) Calculated over the trailing 10-year period	0.25
Correlation (All Time) Calculated using the full available price history since Dec 11, 2009	0.19

Over the past year, WULF and SCHG have become more correlated (0.39) than their long-term average of 0.18, meaning their price movements have been converging.

Return for Risk

WULF vs. SCHG — Risk / Return Rank

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

WULF

WULF Risk / Return Rank: 97
WULF Sharpe Ratio Rank: 98
WULF Sortino Ratio Rank: 96
WULF Omega Ratio Rank: 94
WULF Calmar Ratio Rank: 99
WULF Martin Ratio Rank: 99

SCHG

SCHG Risk / Return Rank: 34
SCHG Sharpe Ratio Rank: 39
SCHG Sortino Ratio Rank: 37
SCHG Omega Ratio Rank: 38
SCHG Calmar Ratio Rank: 27
SCHG Martin Ratio Rank: 31

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.

WULF vs. SCHG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for TeraWulf Inc. (WULF) 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.

	WULF	SCHG	Difference
Sharpe ratio: Return per unit of total volatility	4.38	1.25	+3.12
Sortino ratio: Return per unit of downside risk	4.15	1.73	+2.42
Omega ratio: Gain probability vs. loss probability	1.49	1.22	+0.27
Calmar ratio: Return relative to maximum drawdown	14.57	1.21	+13.36
Martin ratio: Return relative to average drawdown	38.47	4.01	+34.46
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

WULF vs. SCHG - Sharpe Ratio Comparison

The current WULF Sharpe Ratio is 4.38, which is higher than the SCHG Sharpe Ratio of 1.25. The chart below compares the historical Sharpe Ratios of WULF 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.

Sharpe Ratios by Period

	WULF	SCHG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	4.38	1.25	+3.12
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.17	0.65	-0.48
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.10	0.86	-0.75
Sharpe Ratio (All Time) Calculated using the full available price history	0.11	0.83	-0.72

Drawdowns

WULF vs. SCHG - Drawdown Comparison

The maximum WULF drawdown since its inception was -98.50%, which is greater than SCHG's maximum drawdown of -34.59%. Use the drawdown chart below to compare losses from any high point for WULF and SCHG.

Drawdown Indicators

	WULF	SCHG	Difference
Max Drawdown Largest peak-to-trough decline	-98.50%	-34.59%	-63.91%
Max Drawdown (1Y) Largest decline over 1 year	-31.74%	-16.41%	-15.33%
Max Drawdown (3Y) Largest decline over 3 years	-75.77%	-23.39%	-52.38%
Max Drawdown (5Y) Largest decline over 5 years	-98.50%	-34.59%	-63.91%
Max Drawdown (10Y) Largest decline over 10 years	-98.50%	-34.59%	-63.91%
Current Drawdown Current decline from peak	-29.86%	-5.01%	-24.85%
Average Drawdown Average peak-to-trough decline	-46.66%	-5.20%	-41.46%
Ulcer Index Depth and duration of drawdowns from previous peaks	12.00%	4.92%	+7.08%

Volatility

WULF vs. SCHG - Volatility Comparison

TeraWulf Inc. (WULF) has a higher volatility of 21.68% compared to Schwab U.S. Large-Cap Growth ETF (SCHG) at 4.53%. This indicates that WULF's price experiences larger fluctuations and is considered to be riskier than SCHG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WULF	SCHG	Difference
Volatility (1M) Calculated over the trailing 1-month period	21.68%	4.53%	+17.15%
Volatility (6M) Calculated over the trailing 6-month period	64.50%	12.04%	+52.46%
Volatility (1Y) Calculated over the trailing 1-year period	105.66%	15.77%	+89.89%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	127.48%	22.31%	+105.17%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	101.40%	21.57%	+79.83%

Dividends

WULF vs. SCHG - Dividend Comparison

WULF has not paid dividends to shareholders, while SCHG's dividend yield for the trailing twelve months is around 0.38%.

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%
WULF TeraWulf Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	33.22%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both WULF and SCHG in my portfolio?

WULF and SCHG have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, WULF or SCHG?

WULF has higher volatility (21.68%) compared to SCHG (4.53%). In terms of maximum drawdown, WULF dropped -98.50% vs SCHG's -34.59%.

Which has better risk-adjusted returns?

WULF currently has the higher Sharpe Ratio (4.38 vs 1.25), 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.