SCHX: Schwab U.S. Large-Cap ETF returns, drawdowns and risk
Funds that hold the whole US market or its large and mid companies, from a few hundred to several thousand stocks.
Data updated October 2026
SCHX · US exchange · USDCategory: Total US stock market ETFsData from November 2009
From November 2009 to October 2026 SCHX returned 13.0% a year on average with dividends reinvested, in US dollars: $10,000 invested at the start grew to $79,436.
Its deepest fall was 34.3%, from February 2020 to March 2020, and it took about 6 months to get back to the previous high. Annual volatility was 17.2%; at the last close it was 1.8% below its high.
Against SPY (SPDR S&P 500 ETF Trust), over the 203 months both have data, the correlation of monthly returns was 1.00: they moved almost in lockstep. Beta was 1.01. In months when SPY rose, SCHX moved 97% as much on average; in months when SPY fell, 104% as much.
Key figures
- Annual return (CAGR)
- +13.0%
- 1-year return
- +15.9%
- 5 years, a year
- +11.4%
- 10 years, a year
- +14.1%
- Annual volatility
- 17.2%
- Maximum drawdown
- −34.3%
- Sharpe ratio
- 0.72
- Worst year
- 2022: −20.2%
Trailing returns
| Period | SCHX | SPY |
|---|---|---|
| 1 year | +15.9% | +16.6% |
| 3 years, a year | +22.6% | +23.1% |
| 5 years, a year | +11.4% | +12.7% |
| 10 years, a year | +14.1% | +15.4% |
To the last close of October 2026. Periods longer than a year are annualised.
Growth of $10,000: SCHX vs SPY
Month-end values from December 2009, the first month both funds have data.
SCHX drawdowns
Percentage below the previous high, weekly.
Returns by calendar year
| Year | SCHX | SPY |
|---|---|---|
| 2026(partial) | +12.9% | +13.3% |
| 2025 | +17.5% | +17.7% |
| 2024 | +24.1% | +24.9% |
| 2023 | +25.6% | +26.2% |
| 2022 | −20.3% | −18.2% |
| 2021 | +25.4% | +28.7% |
| 2020 | +18.8% | +18.3% |
| 2019 | +29.1% | +31.2% |
| 2018 | −6.1% | −4.6% |
| 2017 | +20.1% | +21.7% |
| 2016 | +10.0% | +12.0% |
| 2015 | −0.6% | +1.2% |
| 2014 | +11.6% | +13.5% |
| 2013 | +30.4% | +32.3% |
| 2012 | +14.0% | +16.0% |
| 2011 | −0.1% | +1.9% |
| 2010 | +14.3% | +15.1% |
| 2009(partial) | +7.2% | — |
SCHX 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 SCHX?
From November 2009 to October 2026 SCHX returned 13.0% a year on average (CAGR) with dividends reinvested, in USD. Over the last 5 years: +11.4% a year. Over the last 12 months: +15.9%.
What was the worst drawdown of SCHX?
34.3%, from February 2020 to March 2020; it took about 6 months from the previous high to get back to it.
How volatile is SCHX?
Annual volatility was 17.2% over the period. Its worst month was −13.4% and 67% of months were positive. Worst calendar year: 2022 (−20.2%).
How closely does SCHX follow SPY?
Over 203 months the correlation of monthly returns was 1.00, so they moved almost in lockstep, with a beta of 1.01.
Use SCHX in a free tool
Other Total US stock market ETFs
- All Total US stock market ETFsReturns and risk side by side
- VTI — Vanguard Total Stock Market ETFCAGR +16.4%
- ITOT — iShares Core S&P Total U.S. Stock Market ETFCAGR +10.2%
- SCHB — Schwab U.S. Broad Market ETFCAGR +12.8%
- IWB — iShares Russell 1000 ETFCAGR +10.9%
- VXF — Vanguard Extended Market ETFCAGR +14.8%
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.