DCRE vs. SCHJ

Last updated Aug 2, 2026

DCRE (DoubleLine Commercial Real Estate ETF) and SCHJ (Schwab 1-5 Year Corporate Bond ETF) are both Short-Term Bond funds. DCRE is actively managed, while SCHJ is passively managed. Over the past 3 years, DCRE returned 6.02%/yr vs 5.46%/yr for SCHJ. Their 0.54 correlation means they have sometimes moved together and sometimes differently. DCRE charges 0.40%/yr vs 0.03%/yr for SCHJ.

Performance

DCRE vs. SCHJ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in DoubleLine Commercial Real Estate ETF (DCRE) and Schwab 1-5 Year Corporate Bond ETF (SCHJ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DCRE achieves a 1.91% return, which is significantly higher than SCHJ's 0.75% return.

DCRE

• 1D: 0.01%
• 1M: 0.17%
• 6M: 1.38%
• YTD: 1.91%
• 1Y: 4.06%
• 3Y*: 6.02%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 5.98%

SCHJ

• 1D: -0.06%
• 1M: -0.28%
• 6M: 0.42%
• YTD: 0.75%
• 1Y: 2.99%
• 3Y*: 5.46%
• 5Y*: 2.31%
• 10Y*: —
• ALL TIME*: 2.60%

*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)
DCRE DoubleLine Commercial Real Estate ETF	$1.46M	$1.65M	$2.31M
SCHJ Schwab 1-5 Year Corporate Bond ETF	$5.98M	$7.81M	$6.46M

DCRE vs. SCHJ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
DCRE DoubleLine Commercial Real Estate ETF	1.91%	5.86%	6.86%	5.22%
SCHJ Schwab 1-5 Year Corporate Bond ETF	0.75%	6.80%	4.89%	3.89%

Correlation

The correlation between DCRE and SCHJ is 0.45, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.45
Correlation (3Y) Balances recent behavior with more history.	0.52
Correlation (All Time) Calculated using the full available price history since Apr 4, 2023	0.54

The correlation between DCRE and SCHJ has been stable across timeframes, ranging from 0.45 to 0.54 - a consistent structural relationship.

Return for Risk

DCRE vs. SCHJ — Risk / Return Rank

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

DCRE

DCRE Risk / Return Rank: 97
DCRE Sharpe Ratio Rank: 98
DCRE Sortino Ratio Rank: 98
DCRE Omega Ratio Rank: 97
DCRE Calmar Ratio Rank: 96
DCRE Martin Ratio Rank: 96

SCHJ

SCHJ Risk / Return Rank: 79
SCHJ Sharpe Ratio Rank: 81
SCHJ Sortino Ratio Rank: 85
SCHJ Omega Ratio Rank: 83
SCHJ Calmar Ratio Rank: 70
SCHJ Martin Ratio Rank: 74

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.

DCRE vs. SCHJ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for DoubleLine Commercial Real Estate ETF (DCRE) and Schwab 1-5 Year Corporate Bond ETF (SCHJ). 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.

	DCRE	SCHJ	Difference
Sharpe ratio: Return per unit of total volatility	3.68	1.86	+1.82
Sortino ratio: Return per unit of downside risk	6.36	2.80	+3.57
Omega ratio: Gain probability vs. loss probability	1.82	1.35	+0.47
Calmar ratio: Return relative to maximum drawdown	6.39	2.44	+3.96
Martin ratio: Return relative to average drawdown	22.77	9.17	+13.60

DCRE vs. SCHJ - Sharpe Ratio Comparison

The current DCRE Sharpe Ratio is 3.68, which is higher than the SCHJ Sharpe Ratio of 1.86. The chart below compares the historical Sharpe Ratios of DCRE and SCHJ, 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

DCRE vs. SCHJ - Drawdown Comparison

The maximum DCRE drawdown since its inception was -0.84%, smaller than the maximum SCHJ drawdown of -13.62%. Use the drawdown chart below to compare losses from any high point for DCRE and SCHJ.

Drawdown Indicators

	DCRE	SCHJ	Difference
Max Drawdown Largest peak-to-trough decline	-0.84%	-13.62%	+12.78%
Max Drawdown (1Y) Largest decline over 1 year	-0.68%	-1.47%	+0.79%
Max Drawdown (3Y) Largest decline over 3 years	-0.84%	-1.47%	+0.63%
Max Drawdown (5Y) Largest decline over 5 years	—	-9.43%	—
Current Drawdown Current decline from peak	-0.05%	-0.33%	+0.28%
Average Drawdown Average peak-to-trough decline	-0.11%	-1.85%	+1.74%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.19%	0.39%	-0.20%

Volatility

DCRE vs. SCHJ - Volatility Comparison

The current volatility for DoubleLine Commercial Real Estate ETF (DCRE) is 0.38%, while Schwab 1-5 Year Corporate Bond ETF (SCHJ) has a volatility of 0.53%. This indicates that DCRE experiences smaller price fluctuations and is considered to be less risky than SCHJ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DCRE	SCHJ	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.38%	0.53%	-0.15%
Volatility (6M) Calculated over the trailing 6-month period	0.96%	1.53%	-0.57%
Volatility (1Y) Calculated over the trailing 1-year period	1.19%	1.93%	-0.74%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	1.57%	2.95%	-1.38%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	1.57%	4.10%	-2.53%

DCRE vs. SCHJ - Expense Ratio Comparison

DCRE has a 0.40% expense ratio, which is higher than SCHJ's 0.03% expense ratio.

Dividends

DCRE vs. SCHJ - Dividend Comparison

DCRE's dividend yield for the trailing twelve months is around 4.75%, more than SCHJ's 4.50% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
DCRE DoubleLine Commercial Real Estate ETF	4.33%	4.84%	5.52%	3.47%	0.00%	0.00%	0.00%	0.00%
SCHJ Schwab 1-5 Year Corporate Bond ETF	4.09%	4.42%	4.00%	2.98%	1.64%	0.94%	2.54%	0.42%

Frequently Asked Questions

Can I hold both DCRE and SCHJ in my portfolio?

DCRE and SCHJ have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DCRE or SCHJ?

SCHJ has higher volatility (0.53%) compared to DCRE (0.38%). In terms of maximum drawdown, DCRE dropped -0.84% vs SCHJ's -13.62%.

Which ETF is better, DCRE or SCHJ?

On 3-year performance, DCRE leads with 6.02% vs 5.46% for SCHJ. On fees, SCHJ is cheaper at 0.03% per year. On volatility, DCRE has been the lower-risk option at 0.38%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DCRE or SCHJ?

Over the 3-year period, DCRE has performed better with a 6.02% return vs 5.46%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DCRE or SCHJ?

SCHJ is cheaper with a 0.03% expense ratio, compared with 0.40% for DCRE.

Which ETF pays a higher dividend yield, DCRE or SCHJ?

DCRE has the higher dividend yield at 4.33%, compared with 4.09% for SCHJ.

What is the main difference between DCRE and SCHJ?

They also come from different issuers: DoubleLine and Charles Schwab. Their fees differ too: 0.40% for DCRE and 0.03% for SCHJ.

Which has better risk-adjusted returns?

DCRE currently has the higher Sharpe Ratio (3.68 vs 1.86), 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.