Schwab Emerging Markets Equity ETF (SCHE) Performance
SCHE total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +6.9% since Dec 31, 2025
- 1 year
- +6.4% total return
- 5 years
- +5.1% a year
- 10 years
- +7.1% a year
- Since first price
- +4.5% a year since 2010
SCHE trailing returns vs SPY, QQQ, AGG
| Period | SCHE total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −5.4% | −5.4% | −1.0% | −5.0% | +0.9% |
| 3 months | −1.6% | −1.6% | +3.2% | +1.9% | −0.4% |
| 6 months | −0.6% | −0.7% | +7.8% | +8.4% | −1.5% |
| YTD | +6.9% | +6.7% | +12.3% | +15.1% | −1.0% |
| 1 year | +6.4% | +3.4% | +14.4% | +15.9% | −1.1% |
| 3 years | +66.0%+18.4%/yr | +51.3% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +28.2%+5.1%/yr | +10.6% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | +98.6%+7.1%/yr | +49.8% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| 15 years | +122.6%+5.5%/yr | +48.0% | +696.0%+14.8%/yr | +1,299.3%+19.2%/yr | +32.2%+1.9%/yr |
| Since inceptionJan 14, 2010 | +109.3%+4.5%/yr | +38.0% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: SCHE vs SPY
From Jan 14, 2010: SCHE grew to $20,933, SPY to $88,824.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
SCHE returns by calendar year
8 of 15 full years positive. Best 2017 (+32.7%), worst 2011 (−19.2%). 2026 is year to date.
SCHE annual returns table
| Year | SCHE | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +6.9% | −11.3% | +12.3% | +15.1% | −1.0% |
| 2025 | +26.5% | −14.5% | +17.7% | +20.8% | +7.2% |
| 2024 | +10.6% | −9.4% | +24.9% | +25.6% | +1.3% |
| 2023 | +8.9% | −12.2% | +26.2% | +54.9% | +5.7% |
| 2022 | −17.8% | −29.7% | −18.2% | −32.6% | −13.0% |
| 2021 | −0.7% | −14.9% | +28.7% | +27.4% | −1.8% |
| 2020 | +14.5% | −33.8% | +18.3% | +48.6% | +7.5% |
| 2019 | +20.3% | −10.4% | +31.2% | +39.0% | +8.5% |
| 2018 | −13.5% | −25.8% | −4.6% | −0.1% | +0.1% |
| 2017 | +32.7% | −4.5% | +21.7% | +32.7% | +3.6% |
| 2016 | +13.0% | −10.1% | +12.0% | +7.1% | +2.4% |
| 2015 | −16.3% | −28.1% | +1.2% | +9.4% | +0.5% |
| 2014 | −0.0% | −17.9% | +13.5% | +19.2% | +6.0% |
| 2013 | −4.3% | −18.2% | +32.3% | +36.6% | −2.0% |
| 2012 | +17.9% | −19.0% | +16.0% | +18.1% | +3.8% |
| 2011 | −19.2% | −29.5% | +1.9% | +3.4% | +7.7% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
SCHE largest drawdowns
Now 7.0% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Jan 26, 2018 | −36.2% | Mar 23, 2020 | Nov 9, 2020 | 2.2 years | 2.8 years |
| Feb 17, 2021 | −35.7% | Oct 24, 2022 | Jul 16, 2025 | 1.7 years | 4.4 years |
| Sep 5, 2014 | −35.6% | Jan 20, 2016 | Jul 14, 2017 | 1.4 years | 2.9 years |
| Apr 8, 2011 | −29.5% | Oct 3, 2011 | Sep 3, 2014 | 6 months | 3.4 years |
| Apr 14, 2010 | −18.2% | May 20, 2010 | Sep 15, 2010 | 36 days | 5 months |
| Jan 14, 2010 | −12.6% | Feb 8, 2010 | Apr 1, 2010 | 25 days | 3 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
SCHE risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2010 |
|---|---|---|---|---|
| Annualized return | +18.7% | +6.7% | +7.7% | +5.4% |
| Volatility (annualized) | 11.2% | 14.9% | 15.6% | 17.1% |
| Sharpe ratio | 1.20 | 0.27 | 0.41 | 0.32 |
| Sortino ratio | 2.26 | 0.43 | 0.62 | 0.47 |
| Best month | +8.6% | +14.9% | +14.9% | +14.9% |
| Worst month | −6.7% | −10.4% | −16.4% | −17.0% |
| Best 12 months | +33.8% | +33.8% | +57.0% | +57.0% |
| Worst 12 months | +10.6% | −28.2% | −28.2% | −28.2% |
| Positive months | 72% | 58% | 59% | 56% |
| Beta vs S&P 500 | 0.58 | 0.59 | 0.68 | — |
| Correlation with S&P 500 | 0.64 | 0.62 | 0.66 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
SCHE rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 190 | −28.2% | +6.4% | +57.0% | 63% |
| 3-year (a year) | 166 | −8.9% | +3.1% | +19.7% | 72% |
| 5-year (a year) | 142 | −5.7% | +3.9% | +14.7% | 85% |
| 10-year (a year) | 82 | +0.5% | +3.5% | +9.8% | 100% |
Every holding period starting at a month-end since 2010. Returns for 3 years and longer are annualized.
SCHE performance overview
Schwab Emerging Markets Equity ETF (SCHE) returned +6.4% over the past year and +7.1% a year over ten years, with distributions reinvested. Since its first recorded price in 2010 it has returned +4.5% a year, turning $10,000 into about $20,933. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −36.2%, from Jan 26, 2018 to Mar 23, 2020, and it took 8 months to get back to the old high. SCHE finished 8 of its 15 full calendar years with a gain; the best year was 2017 (+32.7%) and the worst 2011 (−19.2%). Volatility has been 17.1% a year.
Related: SCHE chart, SCHE holdings, SCHE dividends. See the SCHE overview for the latest quote and fund facts.
SCHE performance FAQ
What is the SCHE return over the past year?
SCHE returned +6.4% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 3.4%.
What is the average annual return of SCHE?
SCHE has returned +5.1% a year over 5 years, +7.1% a year over 10 years, +4.5% a year since January 14, 2010 (total return, distributions reinvested).
How much would $10,000 invested in SCHE be worth?
$10,000 invested in SCHE at its first recorded close on January 14, 2010 would be worth about $20,933 on October 23, 2026 with distributions reinvested.
What was the worst year for SCHE?
The worst calendar year was 2011, with a total return of −19.2%. The best was 2017 at +32.7%.
What is the biggest drawdown of SCHE?
The largest peak-to-trough decline was −36.2% between January 26, 2018 and March 23, 2020. It recovered to the old high on November 9, 2020, 8 months after the bottom.
How volatile is SCHE?
Over the past 3 years SCHE had an annualized volatility of 11.2% and a Sharpe ratio of 1.20 (excess return over 1–3 month T-bills per unit of risk).