Schizotypal personality traits (schizotypy) might be seen as on a continuum with schizophrenia. However, controversy remains with regard to whether this continuum is quasi-dimensional, applying only to people with schizophrenia and schizotypy, or fully dimensional, applying to all people. If the fully dimensional model is accurate, schizotypy could be described by the same personality theories as are applied to people in general. We examined the relationship between schizotypy and the five-factor model of personality (FFM), which is arguably the most established contemporary personality theory. When we assumed a hierarchic structure of schizotypy factors, we found that the FFM scales could explain schizotypy fairly well regardless of the questionnaires used, suggesting that schizotypy might represent a variation better understood by reference to typical dimensions of personality, though it might still indicate a predisposition to schizophrenia. This article discusses this conclusion in relation to each of the five personality factors. A perspective that situates schizophrenia on a continuum with general personality variations implies that this disorder constitutes a potential risk for everyone and, thus, helps to promote understanding and correct misunderstandings that contribute to prejudice. (C) 2009 Elsevier Ireland Ltd. All rights reserved.