EAGG vs. SCHZ
EAGG (iShares ESG Aware US Aggregate Bond ETF) and SCHZ (Schwab U.S. Aggregate Bond ETF) are both exchange-traded funds - EAGG is a Intermediate Core Bond fund tracking the Bloomberg MSCI U.S. Aggregate ESG Focus Index, while SCHZ is a Total Bond Market fund tracking the Bloomberg US Aggregate Bond Index. Both are passively managed. Over the past 5 years, EAGG returned 0.03%/yr vs 0.09%/yr for SCHZ. With a 0.96 correlation, they move nearly in lockstep. EAGG charges 0.10%/yr vs 0.03%/yr for SCHZ.
Performance
EAGG vs. SCHZ - Performance Comparison
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Returns By Period
In the year-to-date period, EAGG achieves a 0.34% return, which is significantly lower than SCHZ's 0.43% return.
EAGG
- 1D
- 0.08%
- 1M
- 0.19%
- YTD
- 0.34%
- 6M
- 0.39%
- 1Y
- 4.59%
- 3Y*
- 3.90%
- 5Y*
- 0.03%
- 10Y*
- —
SCHZ
- 1D
- 0.13%
- 1M
- 0.26%
- YTD
- 0.43%
- 6M
- 0.46%
- 1Y
- 4.74%
- 3Y*
- 3.99%
- 5Y*
- 0.09%
- 10Y*
- 1.54%
EAGG vs. SCHZ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
EAGG iShares ESG Aware US Aggregate Bond ETF | 0.34% | 7.18% | 1.12% | 5.58% | -13.63% | -1.30% | 7.40% | 8.68% | 2.35% |
SCHZ Schwab U.S. Aggregate Bond ETF | 0.43% | 7.24% | 1.26% | 5.60% | -13.17% | -1.72% | 7.46% | 8.65% | 2.22% |
Correlation
The correlation between EAGG and SCHZ is 0.98 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.98 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.98 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.98 |
Correlation (All Time) Calculated using the full available price history since Oct 24, 2018 | 0.96 |
The correlation between EAGG and SCHZ has been stable across timeframes, ranging from 0.96 to 0.98 - a consistent structural relationship.
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Return for Risk
EAGG vs. SCHZ — Risk / Return Rank
EAGG
SCHZ
EAGG vs. SCHZ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares ESG Aware US Aggregate Bond ETF (EAGG) and Schwab U.S. Aggregate Bond ETF (SCHZ). 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.
| EAGG | SCHZ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.04 | ||
| Sortino ratioReturn per unit of downside risk | -0.05 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.22 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 1.68 | 1.77 | -0.09 |
| Martin ratioReturn relative to average drawdown | 5.15 | 5.38 | -0.23 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| EAGG | SCHZ | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.23 | 1.27 | -0.04 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.00 | 0.02 | -0.01 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.29 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.38 | 0.44 | -0.06 |
Drawdowns
EAGG vs. SCHZ - Drawdown Comparison
The maximum EAGG drawdown since its inception was -18.74%, roughly equal to the maximum SCHZ drawdown of -18.74%. Use the drawdown chart below to compare losses from any high point for EAGG and SCHZ.
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Drawdown Indicators
| EAGG | SCHZ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.74% | -18.74% | 0.00% |
Max Drawdown (1Y)Largest decline over 1 year | -2.75% | -2.70% | -0.05% |
Max Drawdown (3Y)Largest decline over 3 years | -6.20% | -6.18% | -0.02% |
Max Drawdown (5Y)Largest decline over 5 years | -17.98% | -18.01% | +0.03% |
Max Drawdown (10Y)Largest decline over 10 years | — | -18.74% | — |
Current DrawdownCurrent decline from peak | -2.71% | -2.34% | -0.37% |
Average DrawdownAverage peak-to-trough decline | -6.05% | -3.68% | -2.37% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.89% | 0.88% | +0.01% |
Volatility
EAGG vs. SCHZ - Volatility Comparison
iShares ESG Aware US Aggregate Bond ETF (EAGG) and Schwab U.S. Aggregate Bond ETF (SCHZ) have volatilities of 1.25% and 1.24%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EAGG | SCHZ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.25% | 1.24% | +0.01% |
Volatility (6M)Calculated over the trailing 6-month period | 2.67% | 2.67% | 0.00% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.79% | 3.79% | 0.00% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.03% | 6.08% | -0.05% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.50% | 5.41% | +0.09% |
EAGG vs. SCHZ - Expense Ratio Comparison
EAGG has a 0.10% expense ratio, which is higher than SCHZ's 0.03% 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%.
Dividends
EAGG vs. SCHZ - Dividend Comparison
EAGG's dividend yield for the trailing twelve months is around 4.00%, less than SCHZ's 4.11% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EAGG iShares ESG Aware US Aggregate Bond ETF | 4.00% | 3.92% | 3.93% | 3.24% | 2.07% | 1.09% | 1.82% | 3.17% | 0.61% | 0.00% | 0.00% | 0.00% |
SCHZ Schwab U.S. Aggregate Bond ETF | 4.11% | 4.05% | 3.96% | 3.28% | 2.63% | 2.16% | 2.43% | 2.79% | 2.56% | 2.40% | 2.24% | 2.11% |
Frequently Asked Questions
With a correlation of 0.98, EAGG and SCHZ move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
EAGG has higher volatility (1.25%) compared to SCHZ (1.24%). In terms of maximum drawdown, EAGG dropped -18.74% vs SCHZ's -18.74%.
On 5-year performance, SCHZ leads with 0.09% vs 0.03% for EAGG. On fees, SCHZ is cheaper at 0.03% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, SCHZ has performed better with a 0.09% return vs 0.03%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
SCHZ is cheaper with a 0.03% expense ratio, compared with 0.10% for EAGG.
SCHZ has the higher dividend yield at 4.11%, compared with 4.00% for EAGG.
EAGG is categorized as Intermediate Core Bond, while SCHZ is Total Bond Market. EAGG tracks Bloomberg MSCI U.S. Aggregate ESG Focus Index, while SCHZ tracks Bloomberg US Aggregate Bond Index. They also come from different issuers: iShares and Charles Schwab. Their fees differ too: 0.10% for EAGG and 0.03% for SCHZ.
SCHZ currently has the higher Sharpe Ratio (1.27 vs 1.23), 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.
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