BYND vs. SCHO

Last updated Aug 4, 2026

BYND (Beyond Meat, Inc.) is a stock, while SCHO (Schwab Short-Term U.S. Treasury ETF) is Government Bonds fund tracking the Bloomberg U.S. Treasury 1-3 Year Index. Over the past 5 years, BYND returned -65.36%/yr vs 1.88%/yr for SCHO. Their 0.07 correlation means their historical movements had little consistent relationship.

Performance

BYND vs. SCHO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Beyond Meat, Inc. (BYND) and Schwab Short-Term U.S. Treasury ETF (SCHO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BYND achieves a -25.32% return, which is significantly lower than SCHO's 0.83% return.

BYND

• 1D: 8.20%
• 1M: -13.78%
• 6M: -16.48%
• YTD: -25.32%
• 1Y: -78.66%
• 3Y*: -66.11%
• 5Y*: -65.36%
• 10Y*: —
• ALL TIME*: -44.86%

SCHO

• 1D: 0.05%
• 1M: 0.09%
• 6M: 0.68%
• YTD: 0.83%
• 1Y: 2.67%
• 3Y*: 4.23%
• 5Y*: 1.88%
• 10Y*: 1.73%
• ALL TIME*: 1.35%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
BYND Beyond Meat, Inc.	$13.46M	$16.52M	$25.59M
SCHO Schwab Short-Term U.S. Treasury ETF	$59.21M	$61.33M	$83.92M

BYND vs. SCHO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
BYND Beyond Meat, Inc.	-25.32%	-78.19%	-57.75%	-27.70%	-81.11%	-47.87%	65.34%	64.35%
SCHO Schwab Short-Term U.S. Treasury ETF	0.83%	5.49%	3.65%	4.31%	-3.87%	-0.64%	3.11%	2.37%

Correlation

The correlation between BYND and SCHO is 0.17, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.17
Correlation (3Y) Balances recent behavior with more history.	0.08
Correlation (5Y) Shows whether the relationship held over a longer period.	0.09
Correlation (All Time) Calculated using the full available price history since May 2, 2019	0.07

Return for Risk

BYND vs. SCHO — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

BYND

BYND Risk / Return Rank: 28
BYND Sharpe Ratio Rank: 29
BYND Sortino Ratio Rank: 44
BYND Omega Ratio Rank: 43
BYND Calmar Ratio Rank: 6
BYND Martin Ratio Rank: 17

SCHO

SCHO Risk / Return Rank: 86
SCHO Sharpe Ratio Rank: 85
SCHO Sortino Ratio Rank: 88
SCHO Omega Ratio Rank: 86
SCHO Calmar Ratio Rank: 83
SCHO Martin Ratio Rank: 87

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

BYND vs. SCHO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Beyond Meat, Inc. (BYND) 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	BYND	SCHO	Difference
Sharpe ratio: Return per unit of total volatility	-0.33	2.03	-2.37
Sortino ratio: Return per unit of downside risk	0.43	3.05	-2.62
Omega ratio: Gain probability vs. loss probability	1.05	1.38	-0.33
Calmar ratio: Return relative to maximum drawdown	-0.92	3.13	-4.05
Martin ratio: Return relative to average drawdown	-1.15	13.09	-14.24

BYND vs. SCHO - Sharpe Ratio Comparison

The current BYND Sharpe Ratio is -0.33, which is lower than the SCHO Sharpe Ratio of 2.03. The chart below compares the historical Sharpe Ratios of BYND and SCHO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

BYND vs. SCHO - Drawdown Comparison

The maximum BYND drawdown since its inception was -99.78%, which is greater than SCHO's maximum drawdown of -5.69%. Use the drawdown chart below to compare losses from any high point for BYND and SCHO.

Drawdown Indicators

	BYND	SCHO	Difference
Max Drawdown Largest peak-to-trough decline	-99.78%	-5.69%	-94.09%
Max Drawdown (1Y) Largest decline over 1 year	-85.33%	-0.86%	-84.47%
Max Drawdown (3Y) Largest decline over 3 years	-96.70%	-0.98%	-95.72%
Max Drawdown (5Y) Largest decline over 5 years	-99.60%	-5.64%	-93.96%
Max Drawdown (10Y) Largest decline over 10 years	—	-5.69%	—
Current Drawdown Current decline from peak	-99.74%	0.00%	-99.74%
Average Drawdown Average peak-to-trough decline	-76.07%	-0.61%	-75.46%
Ulcer Index Depth and duration of drawdowns from previous peaks	68.40%	0.20%	+68.20%

Volatility

BYND vs. SCHO - Volatility Comparison

Beyond Meat, Inc. (BYND) has a higher volatility of 16.24% compared to Schwab Short-Term U.S. Treasury ETF (SCHO) at 0.33%. This indicates that BYND'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.

Volatility by Period

	BYND	SCHO	Difference
Volatility (1M) Calculated over the trailing 1-month period	16.24%	0.33%	+15.91%
Volatility (6M) Calculated over the trailing 6-month period	73.13%	1.03%	+72.10%
Volatility (1Y) Calculated over the trailing 1-year period	236.71%	1.32%	+235.39%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	127.10%	2.00%	+125.10%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	116.41%	1.57%	+114.84%

Dividends

BYND vs. SCHO - Dividend Comparison

BYND has not paid dividends to shareholders, while SCHO's dividend yield for the trailing twelve months is around 3.88%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BYND Beyond Meat, Inc.	0.00%	0.00%	0.00%	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	3.88%	4.06%	4.29%	3.76%	1.34%	0.41%	1.27%	2.27%	1.60%	1.12%	0.82%	0.68%

Frequently Asked Questions

Can I hold both BYND and SCHO in my portfolio?

BYND and SCHO have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BYND or SCHO?

BYND has higher volatility (16.24%) compared to SCHO (0.33%). In terms of maximum drawdown, BYND dropped -99.78% vs SCHO's -5.69%.

Which has better risk-adjusted returns?

SCHO currently has the higher Sharpe Ratio (2.03 vs -0.33), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.