Schwab U.S. Aggregate Bond ETF (SCHZ) belongs to the Total Bond Market category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with SCHZ. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to SCHZ
SCHZ charges 0.03% annually. No ETFs in the Total Bond Market category have lower expense ratios; the lowest-cost alternatives shown here go as low as 0.03%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Total Bond Market ETF | 0.03% | 394.40B | Apr 2007 | SCHZ vs BND | |
| iShares Core U.S. Aggregate Bond ETF | 0.03% | 138.36B | Sep 2003 | SCHZ vs AGG | |
| SPDR Portfolio Aggregate Bond ETF | 0.03% | 9.60B | May 2007 | SCHZ vs SPAB | |
| iShares Total USD Fixed Income Market ETF | 0.09% | 29.47M | Dec 2025 | SCHZ vs BTOT | |
| F/m Compoundr U.S. Aggregate Bond ETF | 0.31% | 144.85M | Aug 2025 | SCHZ vs CPAG |
Best Risk-Adjusted Alternatives to SCHZ
SCHZ has a PortfoliosLab risk / return rank of 32. No ETFs in the Total Bond Market category have higher risk-adjusted ranks; the top alternatives shown here go as high as 32.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| iShares Core U.S. Aggregate Bond ETF | 32 | 138.36B | Sep 2003 | SCHZ vs AGG | |
| SPDR Portfolio Aggregate Bond ETF | 32 | 9.60B | May 2007 | SCHZ vs SPAB | |
| Vanguard Total Bond Market ETF | 32 | 394.40B | Apr 2007 | SCHZ vs BND | |
| BNY Mellon Core Bond ETF | 31 | 2.15B | Apr 2020 | SCHZ vs BKAG |
Top Performing SCHZ Alternatives (YTD)
SCHZ is at -0.14% YTD. There is 1 ETF in the Total Bond Market category with a higher YTD return, going as high as 0.12%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| iShares Total USD Fixed Income Market ETF | 0.12% | 29.47M | Dec 2025 | SCHZ vs BTOT | |
| Vanguard Total Bond Market ETF | -0.17% | 394.40B | Apr 2007 | SCHZ vs BND | |
| BNY Mellon Core Bond ETF | -0.17% | 2.15B | Apr 2020 | SCHZ vs BKAG | |
| SPDR Portfolio Aggregate Bond ETF | -0.19% | 9.60B | May 2007 | SCHZ vs SPAB | |
| iShares Core U.S. Aggregate Bond ETF | -0.22% | 138.36B | Sep 2003 | SCHZ vs AGG |
Lowest Volatility Alternatives to SCHZ
SCHZ has 3.74% 1-year volatility. There are 4 ETFs in the Total Bond Market category with lower 1-year volatility, going as low as 3.67%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| iShares Total USD Fixed Income Market ETF | 3.67% | 29.47M | Dec 2025 | SCHZ vs BTOT | |
| Vanguard Total Bond Market ETF | 3.72% | 394.40B | Apr 2007 | SCHZ vs BND | |
| SPDR Portfolio Aggregate Bond ETF | 3.72% | 9.60B | May 2007 | SCHZ vs SPAB | |
| F/m Compoundr U.S. Aggregate Bond ETF | 3.73% | 144.85M | Aug 2025 | SCHZ vs CPAG | |
| iShares Core U.S. Aggregate Bond ETF | 3.79% | 138.36B | Sep 2003 | SCHZ vs AGG |
Lowest Drawdown Alternatives to SCHZ
SCHZ has a 1-year max drawdown of -2.70%. There is 1 ETF in the Total Bond Market category with a shallower 1-year drawdown, going as shallow as -2.68%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Total Bond Market ETF | -2.68% | 394.40B | Apr 2007 | SCHZ vs BND | |
| SPDR Portfolio Aggregate Bond ETF | -2.74% | 9.60B | May 2007 | SCHZ vs SPAB | |
| iShares Core U.S. Aggregate Bond ETF | -2.76% | 138.36B | Sep 2003 | SCHZ vs AGG | |
| BNY Mellon Core Bond ETF | -2.76% | 2.15B | Apr 2020 | SCHZ vs BKAG |
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 | |
|---|---|---|---|---|---|---|---|
| Schwab U.S. Dividend Equity ETF | Dividend | 86 | 20.66% | 98.55B | Oct 2011 | SCHZ vs SCHD | |
| Schwab U.S. Large-Cap Growth ETF | Large Cap Growth Equities | 33 | 5.60% | 60.56B | Dec 2009 | SCHZ vs SCHG | |
| Schwab U.S. Large-Cap ETF | Large Cap Blend Equities | 63 | 10.34% | 72.77B | Nov 2009 | SCHZ vs SCHX | |
| Schwab U.S. Broad Market ETF | Large Cap Blend Equities | 65 | 11.00% | 43.66B | Nov 2009 | SCHZ vs SCHB | |
| Schwab International Equity ETF | Foreign Large Cap Equities | 60 | 13.29% | 66.31B | Nov 2009 | SCHZ vs SCHF | |
| Schwab International Dividend Equity ETF | Dividend, Foreign Large Cap Equities | 62 | 9.51% | 2.36B | Apr 2021 | SCHZ vs SCHY | |
| Schwab U.S. Large-Cap Value ETF | Large Cap Value Equities | 85 | 16.63% | 15.78B | Dec 2009 | SCHZ vs SCHV | |
| Schwab Fundamental U.S. Large Company Index ETF | Large Cap Value Equities | 93 | 16.60% | 26.25B | Aug 2013 | SCHZ vs FNDX | |
| Schwab Fundamental International Equity ETF | Foreign Large Cap Equities, Large Cap Value Equities | 82 | 16.98% | 24.25B | Aug 2013 | SCHZ vs FNDF | |
| Schwab U.S. Small-Cap ETF | Small Cap Blend Equities | 74 | 21.01% | 23.26B | Nov 2009 | SCHZ vs SCHA |
Often Compared With SCHZ
Investors most often compare SCHZ with SCHP, SWAGX, BOND. These 18 comparison targets span 10 categories, based on PortfoliosLab usage data.
Compare SCHZ with Any Fund or Stock
Compare SCHZ with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair SCHZ with funds that move differently
Schwab U.S. Aggregate Bond ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to SCHZ.
Explore SCHZ Diversifiers