SCHQ Alternatives & Similar ETFs

Schwab Long-Term U.S. Treasury ETF (SCHQ) belongs to the Government Bonds category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with SCHQ. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to SCHQ

SCHQ charges 0.03% annually. No ETFs in the Government Bonds category have lower expense ratios; the lowest-cost alternatives shown here go as low as 0.03%.

Symbol	Name	Expense Ratio	AUM	Inception
SCHO	Schwab Short-Term U.S. Treasury ETF	0.03%	12.67B	Aug 2010	SCHQ vs SCHO
XHLF	BondBloxx Bloomberg Six Month Target Duration US T...	0.03%	1.91B	Sep 2022	SCHQ vs XHLF
VGSH	Vanguard Short-Term Treasury ETF	0.03%	33.90B	Nov 2009	SCHQ vs VGSH
VGIT	Vanguard Intermediate-Term Treasury ETF	0.03%	49.50B	Nov 2009	SCHQ vs VGIT
XONE	BondBloxx Bloomberg One Year Target Duration US Tr...	0.03%	758.60M	Sep 2022	SCHQ vs XONE

Best Risk-Adjusted Alternatives to SCHQ

SCHQ has a PortfoliosLab risk / return rank of 15. There are 62 ETFs in the Government Bonds category with higher risk-adjusted ranks, going as high as 100.

Symbol	Name	Risk / Return Rank	AUM	Inception
BIL	SPDR Bloomberg 1-3 Month T-Bill ETF	100	46.75B	May 2007	SCHQ vs BIL
GBIL	Goldman Sachs Access Treasury 0-1 Year ETF	100	7.68B	Sep 2016	SCHQ vs GBIL
SHV	iShares 0-1 Year Treasury Bond ETF	100	20.86B	Jan 2007	SCHQ vs SHV
USFR	WisdomTree Floating Rate Treasury Fund	100	17.91B	Feb 2014	SCHQ vs USFR
TFLO	iShares Treasury Floating Rate Bond ETF	100	6.55B	Feb 2014	SCHQ vs TFLO

Top Performing SCHQ Alternatives (YTD)

SCHQ is at -1.31% YTD. There are 66 ETFs in the Government Bonds category with higher YTD returns, going as high as 4.08%.

Symbol	Name	YTD Return	AUM	Inception
BNDD	Quadratic Deflation ETF	4.08%	67.49M	Sep 2021	SCHQ vs BNDD
GGOV	iShares Global Government Bond USD Hedged Active E...	2.61%	2.91B	Jun 2025	SCHQ vs GGOV
BUCK	Simplify Treasury Option Income ETF	2.42%	474.96M	Oct 2022	SCHQ vs BUCK
USFR	WisdomTree Floating Rate Treasury Fund	2.07%	17.91B	Feb 2014	SCHQ vs USFR
TFLO	iShares Treasury Floating Rate Bond ETF	2.04%	6.55B	Feb 2014	SCHQ vs TFLO

Lowest Volatility Alternatives to SCHQ

SCHQ has 8.55% 1-year volatility. There are 72 ETFs in the Government Bonds category with lower 1-year volatility, going as low as 0.20%.

Symbol	Name	Volatility 1Y	AUM	Inception
BIL	SPDR Bloomberg 1-3 Month T-Bill ETF	0.20%	46.75B	May 2007	SCHQ vs BIL
SHV	iShares 0-1 Year Treasury Bond ETF	0.21%	20.86B	Jan 2007	SCHQ vs SHV
GBIL	Goldman Sachs Access Treasury 0-1 Year ETF	0.23%	7.68B	Sep 2016	SCHQ vs GBIL
USFR	WisdomTree Floating Rate Treasury Fund	0.27%	17.91B	Feb 2014	SCHQ vs USFR
TFLO	iShares Treasury Floating Rate Bond ETF	0.29%	6.55B	Feb 2014	SCHQ vs TFLO

Lowest Drawdown Alternatives to SCHQ

SCHQ has a 1-year max drawdown of -7.01%. There are 63 ETFs in the Government Bonds category with shallower 1-year drawdowns, going as shallow as -0.01%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
BIL	SPDR Bloomberg 1-3 Month T-Bill ETF	-0.01%	46.75B	May 2007	SCHQ vs BIL
GBIL	Goldman Sachs Access Treasury 0-1 Year ETF	-0.02%	7.68B	Sep 2016	SCHQ vs GBIL
TFLO	iShares Treasury Floating Rate Bond ETF	-0.02%	6.55B	Feb 2014	SCHQ vs TFLO
USFR	WisdomTree Floating Rate Treasury Fund	-0.02%	17.91B	Feb 2014	SCHQ vs USFR
SHV	iShares 0-1 Year Treasury Bond ETF	-0.03%	20.86B	Jan 2007	SCHQ vs SHV

Other ETFs from Charles Schwab

The 10 most viewed Charles Schwab ETFs shown here include SCHD, SCHG, SCHX and span 6 categories. AUM among these funds goes as high as $99B.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
SCHD	Schwab U.S. Dividend Equity ETF	Dividend	83	19.32%	98.55B	Oct 2011	SCHQ vs SCHD
SCHG	Schwab U.S. Large-Cap Growth ETF	Large Cap Growth Equities	33	6.25%	60.56B	Dec 2009	SCHQ vs SCHG
SCHX	Schwab U.S. Large-Cap ETF	Large Cap Blend Equities	63	10.71%	72.77B	Nov 2009	SCHQ vs SCHX
SCHB	Schwab U.S. Broad Market ETF	Large Cap Blend Equities	66	11.43%	43.66B	Nov 2009	SCHQ vs SCHB
SCHF	Schwab International Equity ETF	Foreign Large Cap Equities	64	14.71%	66.31B	Nov 2009	SCHQ vs SCHF
SCHY	Schwab International Dividend Equity ETF	Dividend, Foreign Large Cap Equities	64	9.82%	2.36B	Apr 2021	SCHQ vs SCHY
SCHV	Schwab U.S. Large-Cap Value ETF	Large Cap Value Equities	85	16.57%	15.78B	Dec 2009	SCHQ vs SCHV
FNDX	Schwab Fundamental U.S. Large Company Index ETF	Large Cap Value Equities	93	16.45%	26.25B	Aug 2013	SCHQ vs FNDX
FNDF	Schwab Fundamental International Equity ETF	Foreign Large Cap Equities, Large Cap Value Equities	84	18.25%	24.25B	Aug 2013	SCHQ vs FNDF
SCHA	Schwab U.S. Small-Cap ETF	Small Cap Blend Equities	74	21.89%	23.26B	Nov 2009	SCHQ vs SCHA

Often Compared With SCHQ

Investors most often compare SCHQ with TLT, VGLT, SCHR. These 20 comparison targets span 10 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
TLT	iShares 20+ Year Treasury Bond ETF	Government Bonds, Long-Term Bond	14	-1.35%	42.18B	Jul 2002	SCHQ vs TLT
VGLT	Vanguard Long-Term Treasury ETF	Government Bonds, Long-Term Bond	15	-1.30%	14.80B	Nov 2009	SCHQ vs VGLT
SCHR	Schwab Intermediate-Term U.S. Treasury ETF	Government Bonds	26	-0.44%	13.32B	Aug 2010	SCHQ vs SCHR
SCHI	Schwab 5-10 Year Corporate Bond ETF	Corporate Bonds	36	-0.15%	11.51B	Oct 2019	SCHQ vs SCHI
SPTL	SPDR Portfolio Long Term Treasury ETF	Government Bonds, Long-Term Bond	15	-1.23%	10.53B	May 2007	SCHQ vs SPTL
SCHJ	Schwab 1-5 Year Corporate Bond ETF	Corporate Bonds	79	0.79%	876.09M	Oct 2019	SCHQ vs SCHJ
TLH	iShares 10-20 Year Treasury Bond ETF	Government Bonds, Long-Term Bond	17	-1.23%	11.04B	Jan 2007	SCHQ vs TLH
BND	Vanguard Total Bond Market ETF	Total Bond Market	34	0.11%	394.40B	Apr 2007	SCHQ vs BND
LTPZ	PIMCO 15+ Year US TIPS Index ETF	Inflation-Protected Bonds	11	-1.69%	707.93M	Sep 2009	SCHQ vs LTPZ
BIBL	Inspire 100 ETF	Large Cap Growth Equities	83	25.20%	498.38M	Oct 2017	SCHQ vs BIBL
PBTP	Invesco PureBeta 0-5 Yr US TIPS ETF	Inflation-Protected Bonds	89	1.78%	98.74M	Sep 2017	SCHQ vs PBTP
TDTT	FlexShares iBoxx 3-Year Target Duration TIPS Index...	Inflation-Protected Bonds	68	1.41%	2.52B	Sep 2011	SCHQ vs TDTT
SGOV	iShares 0-3 Month Treasury Bond ETF	Ultrashort Bond	100	1.92%	97.69B	May 2020	SCHQ vs SGOV
VBIIX	Vanguard Intermediate-Term Bond Index Fund	Intermediate Core Bond	14	-0.90%	—	Mar 1994	SCHQ vs VBIIX
POR	Portland General Electric Company		87	12.95%	—	—	SCHQ vs POR
PRULX	T. Rowe Price U.S. Treasury Long Term Index Fund	Government Bonds	9	-1.80%	—	Sep 1989	SCHQ vs PRULX
EGOV.L	UBS ETF (LU) J.P. Morgan Global Government ESG Liq...	Global Bonds	7	-1.72%	641.96M	Oct 2019	SCHQ vs EGOV.L
XTWY	BondBloxx Bloomberg Twenty Year Target Duration US...	Government Bonds, Long-Term Bond	12	-1.76%	253.97M	Sep 2022	SCHQ vs XTWY
MUNI	PIMCO Intermediate Municipal Bond Active ETF	Municipal Bonds	79	1.34%	3.09B	Nov 2009	SCHQ vs MUNI
IEF	iShares 7-10 Year Treasury Bond ETF	Government Bonds	21	-0.81%	46.97B	Jul 2002	SCHQ vs IEF

Compare SCHQ with Any Fund or Stock

Compare SCHQ with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

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Diversifiers

Pair SCHQ with funds that move differently

Schwab Long-Term U.S. Treasury ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to SCHQ.

Explore SCHQ Diversifiers

Schwab Long-Term U.S. Treasury ETF (SCHQ) Alternatives