SCHV: Schwab U.S. Large-Cap Value ETF returns, drawdowns and risk
Funds that tilt towards cheaper companies relative to earnings or book value, such as financials, energy and health care.
Data updated October 2026
SCHV · US exchange · USDCategory: US value ETFsData from December 2009
From December 2009 to October 2026 SCHV returned 9.8% a year on average with dividends reinvested, in US dollars: $10,000 invested at the start grew to $48,034.
Its deepest fall was 37.1%, from January 2020 to March 2020, and it took about 12 months to get back to the previous high. Annual volatility was 16.2%; at the last close it was 3.4% below its high.
Against SPY (SPDR S&P 500 ETF Trust), over the 202 months both have data, the correlation of monthly returns was 0.93: they moved almost in lockstep. Beta was 0.92. In months when SPY rose, SCHV moved 85% as much on average; in months when SPY fell, 99% as much.
Key figures
- Annual return (CAGR)
- +9.8%
- 1-year return
- +19.7%
- 5 years, a year
- +9.1%
- 10 years, a year
- +9.8%
- Annual volatility
- 16.2%
- Maximum drawdown
- −37.1%
- Sharpe ratio
- 0.57
- Worst year
- 2022: −9.1%
Trailing returns
| Period | SCHV | SPY |
|---|---|---|
| 1 year | +19.7% | +16.6% |
| 3 years, a year | +19.2% | +23.1% |
| 5 years, a year | +9.1% | +12.7% |
| 10 years, a year | +9.8% | +15.4% |
To the last close of October 2026. Periods longer than a year are annualised.
Growth of $10,000: SCHV vs SPY
Month-end values from January 2010, the first month both funds have data.
SCHV drawdowns
Percentage below the previous high, weekly.
Returns by calendar year
| Year | SCHV | SPY |
|---|---|---|
| 2026(partial) | +16.4% | +13.3% |
| 2025 | +16.0% | +17.7% |
| 2024 | +12.9% | +24.9% |
| 2023 | +7.1% | +26.2% |
| 2022 | −9.1% | −18.2% |
| 2021 | +23.8% | +28.7% |
| 2020 | +0.2% | +18.3% |
| 2019 | +23.3% | +31.2% |
| 2018 | −9.0% | −4.6% |
| 2017 | +14.6% | +21.7% |
| 2016 | +14.9% | +12.0% |
| 2015 | −2.9% | +1.2% |
| 2014 | +9.2% | +13.5% |
| 2013 | +29.0% | +32.3% |
| 2012 | +12.8% | +16.0% |
| 2011 | +1.7% | +1.9% |
| 2010 | +13.0% | +15.1% |
| 2009(partial) | −0.5% | — |
SCHV compared
How the figures are calculated
Total return in the fund’s trading currency, from end-of-day prices with dividends reinvested on the ex-date. The fund’s own ongoing charges are already reflected in its price; trading costs, taxes and currency conversion are not included. Past returns do not predict future returns.
Sharpe ratio uses the return of short-term government bills in the same currency as the risk-free rate. The growth chart uses month-end values; drawdowns and volatility use daily closes.
Questions
What is the average annual return of SCHV?
From December 2009 to October 2026 SCHV returned 9.8% a year on average (CAGR) with dividends reinvested, in USD. Over the last 5 years: +9.1% a year. Over the last 12 months: +19.7%.
What was the worst drawdown of SCHV?
37.1%, from January 2020 to March 2020; it took about 12 months from the previous high to get back to it.
How volatile is SCHV?
Annual volatility was 16.2% over the period. Its worst month was −16.3% and 61% of months were positive. Worst calendar year: 2022 (−9.1%).
How closely does SCHV follow SPY?
Over 202 months the correlation of monthly returns was 0.93, so they moved almost in lockstep, with a beta of 0.92.
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Other US value ETFs
Source: MarketStack end-of-day prices, total return with dividends reinvested. Figures are historical and descriptive; they are not forecasts and not investment advice. MEDGE Capital does not recommend buying or selling any instrument. Risk disclaimer.