BHYB vs. SCHO
Compare and contrast key facts about Xtrackers USD High Yield BB-B ex Financials ETF (BHYB) and Schwab Short-Term U.S. Treasury ETF (SCHO).
BHYB and SCHO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BHYB is a passively managed fund by Xtrackers that tracks the performance of the ICE BofA BB-B Non-FNCL Non-Distressed US HY Constrained Index - Benchmark TR Gross. It was launched on Oct 26, 2023. SCHO is a passively managed fund by Charles Schwab that tracks the performance of the Bloomberg US Treasury (1-3 Y) (Inception 4/30/1996). It was launched on Aug 5, 2010. Both BHYB and SCHO are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BHYB or SCHO.
Correlation
The correlation between BHYB and SCHO is 0.03, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
BHYB vs. SCHO - Performance Comparison
Loading data...
Key characteristics
BHYB:
1.26
SCHO:
3.14
BHYB:
1.76
SCHO:
5.18
BHYB:
1.26
SCHO:
1.70
BHYB:
1.51
SCHO:
5.83
BHYB:
7.91
SCHO:
17.05
BHYB:
0.81%
SCHO:
0.33%
BHYB:
5.28%
SCHO:
1.79%
BHYB:
-4.23%
SCHO:
-5.69%
BHYB:
-0.51%
SCHO:
-0.44%
Returns By Period
In the year-to-date period, BHYB achieves a 1.70% return, which is significantly lower than SCHO's 2.30% return.
BHYB
1.70%
2.90%
1.09%
6.81%
N/A
N/A
SCHO
2.30%
0.22%
2.52%
5.68%
1.15%
1.47%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
BHYB vs. SCHO - Expense Ratio Comparison
BHYB has a 0.20% expense ratio, which is higher than SCHO's 0.05% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
BHYB vs. SCHO — Risk-Adjusted Performance Rank
BHYB
SCHO
BHYB vs. SCHO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers USD High Yield BB-B ex Financials ETF (BHYB) and Schwab Short-Term U.S. Treasury ETF (SCHO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Loading data...
Dividends
BHYB vs. SCHO - Dividend Comparison
BHYB's dividend yield for the trailing twelve months is around 7.04%, more than SCHO's 4.23% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BHYB Xtrackers USD High Yield BB-B ex Financials ETF | 7.04% | 7.04% | 0.75% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SCHO Schwab Short-Term U.S. Treasury ETF | 4.23% | 4.29% | 3.76% | 1.34% | 0.41% | 1.27% | 2.26% | 1.78% | 1.12% | 0.82% | 0.68% | 0.47% |
Drawdowns
BHYB vs. SCHO - Drawdown Comparison
The maximum BHYB drawdown since its inception was -4.23%, smaller than the maximum SCHO drawdown of -5.69%. Use the drawdown chart below to compare losses from any high point for BHYB and SCHO. For additional features, visit the drawdowns tool.
Loading data...
Volatility
BHYB vs. SCHO - Volatility Comparison
Xtrackers USD High Yield BB-B ex Financials ETF (BHYB) has a higher volatility of 2.17% compared to Schwab Short-Term U.S. Treasury ETF (SCHO) at 0.55%. This indicates that BHYB's price experiences larger fluctuations and is considered to be riskier than SCHO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading data...