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 | |
|---|---|---|---|---|---|
| Vanguard Long-Term Treasury ETF | 0.03% | 14.30B | Nov 2009 | SCHQ vs VGLT | |
| State Street SPDR Portfolio Treasury ETF | 0.03% | 270.34M | May 2024 | SCHQ vs SPTB | |
| Vanguard Intermediate-Term Treasury ETF | 0.03% | 48.60B | Nov 2009 | SCHQ vs VGIT | |
| Schwab Short-Term U.S. Treasury ETF | 0.03% | 13.24B | Aug 2010 | SCHQ vs SCHO | |
| Vanguard Short-Term Treasury ETF | 0.03% | 33.50B | Nov 2009 | SCHQ vs VGSH |
Best Risk-Adjusted Alternatives to SCHQ
SCHQ has a PortfoliosLab risk / return rank of 17. There are 56 ETFs in the Government Bonds category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| SPDR Bloomberg 1-3 Month T-Bill ETF | 100 | 45.99B | May 2007 | SCHQ vs BIL | |
| iShares 0-1 Year Treasury Bond ETF | 100 | 20.73B | Jan 2007 | SCHQ vs SHV | |
| Goldman Sachs Access Treasury 0-1 Year ETF | 100 | 7.62B | Sep 2016 | SCHQ vs GBIL | |
| WisdomTree Floating Rate Treasury Fund | 100 | 17.01B | Feb 2014 | SCHQ vs USFR | |
| iShares Treasury Floating Rate Bond ETF | 100 | 6.60B | Feb 2014 | SCHQ vs TFLO |
Top Performing SCHQ Alternatives (YTD)
SCHQ is at -0.43% YTD. There are 50 ETFs in the Government Bonds category with higher YTD returns, going as high as 4.32%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Quadratic Deflation ETF | 4.32% | 6.46M | Sep 2021 | SCHQ vs BNDD | |
| iShares Global Government Bond USD Hedged Active E... | 2.30% | 44.04M | Jun 2025 | SCHQ vs GGOV | |
| Simplify Treasury Option Income ETF | 1.90% | 438.06M | Oct 2022 | SCHQ vs BUCK | |
| WisdomTree Floating Rate Treasury Fund | 1.60% | 17.01B | Feb 2014 | SCHQ vs USFR | |
| iShares Treasury Floating Rate Bond ETF | 1.59% | 6.60B | Feb 2014 | SCHQ vs TFLO |
Lowest Volatility Alternatives to SCHQ
SCHQ has 8.93% 1-year volatility. There are 71 ETFs in the Government Bonds category with lower 1-year volatility, going as low as 0.00%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| iShares iBonds Dec 2024 Term Treasury ETF | 0.00% | 1.55B | Feb 2020 | SCHQ vs IBTE | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | 0.20% | 45.99B | May 2007 | SCHQ vs BIL | |
| iShares 0-1 Year Treasury Bond ETF | 0.20% | 20.73B | Jan 2007 | SCHQ vs SHV | |
| Goldman Sachs Access Treasury 0-1 Year ETF | 0.23% | 7.62B | Sep 2016 | SCHQ vs GBIL | |
| WisdomTree Floating Rate Treasury Fund | 0.27% | 17.01B | Feb 2014 | SCHQ vs USFR |
Lowest Drawdown Alternatives to SCHQ
SCHQ has a 1-year max drawdown of -7.01%. There are 58 ETFs in the Government Bonds category with shallower 1-year drawdowns, going as shallow as -0.01%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.01% | 45.99B | May 2007 | SCHQ vs BIL | |
| iShares 0-1 Year Treasury Bond ETF | -0.01% | 20.73B | Jan 2007 | SCHQ vs SHV | |
| iShares Treasury Floating Rate Bond ETF | -0.02% | 6.60B | Feb 2014 | SCHQ vs TFLO | |
| Goldman Sachs Access Treasury 0-1 Year ETF | -0.02% | 7.62B | Sep 2016 | SCHQ vs GBIL | |
| WisdomTree Floating Rate Treasury Fund | -0.02% | 17.01B | Feb 2014 | SCHQ vs USFR |
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 $95B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Schwab U.S. Dividend Equity ETF | Dividend | 80 | 19.01% | 94.95B | Oct 2011 | SCHQ vs SCHD | |
| Schwab U.S. Large-Cap Growth ETF | Large Cap Growth Equities | 39 | 6.42% | 61.08B | Dec 2009 | SCHQ vs SCHG | |
| Schwab U.S. Large-Cap ETF | Large Cap Blend Equities | 67 | 10.72% | 72.63B | Nov 2009 | SCHQ vs SCHX | |
| Schwab U.S. Broad Market ETF | Large Cap Blend Equities | 68 | 11.28% | 43.31B | Nov 2009 | SCHQ vs SCHB | |
| Schwab International Equity ETF | Foreign Large Cap Equities | 59 | 15.56% | 66.49B | Nov 2009 | SCHQ vs SCHF | |
| Schwab International Dividend Equity ETF | Dividend, Foreign Large Cap Equities | 51 | 7.94% | 2.27B | Apr 2021 | SCHQ vs SCHY | |
| Schwab U.S. Large-Cap Value ETF | Large Cap Value Equities | 81 | 15.39% | 15.54B | Dec 2009 | SCHQ vs SCHV | |
| Schwab Fundamental U.S. Large Company Index ETF | Large Cap Value Equities | 90 | 14.57% | 25.47B | Aug 2013 | SCHQ vs FNDX | |
| Schwab U.S. Small-Cap ETF | Small Cap Growth Equities | 71 | 19.79% | 22.78B | Nov 2009 | SCHQ vs SCHA | |
| Schwab Fundamental International Large Company Ind... | Foreign Large Cap Equities | 84 | 21.21% | 24.55B | Aug 2013 | SCHQ vs FNDF |
Often Compared With SCHQ
Investors most often compare SCHQ with TLT, SCHR, SCHI. These 20 comparison targets span 11 categories, based on PortfoliosLab usage data.
Compare SCHQ with Any Fund or Stock
Compare SCHQ with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
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