EYEG vs. SCHJ

Last updated Aug 2, 2026

EYEG (AB Corporate Bond ETF) and SCHJ (Schwab 1-5 Year Corporate Bond ETF) are both exchange-traded funds - EYEG is a Corporate Bonds fund actively managed by AllianceBernstein, while SCHJ is a Short-Term Bond fund tracking the Bloomberg US 1-5 Year Corporate Bond Index. EYEG is actively managed, while SCHJ is passively managed. Over the past year, EYEG returned 1.33% vs 2.99% for SCHJ. Their correlation of 0.81 means they have usually moved in the same direction. EYEG charges 0.30%/yr vs 0.03%/yr for SCHJ.

Performance

EYEG vs. SCHJ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AB Corporate Bond ETF (EYEG) 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, EYEG achieves a -1.02% return, which is significantly lower than SCHJ's 0.75% return.

EYEG

• 1D: -0.16%
• 1M: -1.82%
• 6M: -1.30%
• YTD: -1.02%
• 1Y: 1.33%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 4.13%

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)
EYEG AB Corporate Bond ETF	$8.83K	$6.17K	$6.63K
SCHJ Schwab 1-5 Year Corporate Bond ETF	$5.98M	$7.81M	$6.46M

EYEG vs. SCHJ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
EYEG AB Corporate Bond ETF	-1.02%	7.42%	3.17%	1.41%
SCHJ Schwab 1-5 Year Corporate Bond ETF	0.75%	6.80%	4.89%	1.55%

Correlation

The correlation between EYEG and SCHJ is 0.81, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.81
Correlation (All Time) Calculated using the full available price history since Dec 13, 2023	0.81

The correlation between EYEG and SCHJ has been stable across timeframes, ranging from 0.81 to 0.81 - a consistent structural relationship.

Return for Risk

EYEG vs. SCHJ — Risk / Return Rank

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

EYEG

EYEG Risk / Return Rank: 22
EYEG Sharpe Ratio Rank: 23
EYEG Sortino Ratio Rank: 21
EYEG Omega Ratio Rank: 20
EYEG Calmar Ratio Rank: 24
EYEG Martin Ratio Rank: 25

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.

EYEG vs. SCHJ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AB Corporate Bond ETF (EYEG) 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.

	EYEG	SCHJ	Difference
Sharpe ratio: Return per unit of total volatility	0.49	1.86	-1.37
Sortino ratio: Return per unit of downside risk	0.73	2.80	-2.07
Omega ratio: Gain probability vs. loss probability	1.08	1.35	-0.27
Calmar ratio: Return relative to maximum drawdown	0.74	2.44	-1.69
Martin ratio: Return relative to average drawdown	1.92	9.17	-7.25

EYEG vs. SCHJ - Sharpe Ratio Comparison

The current EYEG Sharpe Ratio is 0.49, which is lower than the SCHJ Sharpe Ratio of 1.86. The chart below compares the historical Sharpe Ratios of EYEG 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

EYEG vs. SCHJ - Drawdown Comparison

The maximum EYEG drawdown since its inception was -4.66%, smaller than the maximum SCHJ drawdown of -13.62%. Use the drawdown chart below to compare losses from any high point for EYEG and SCHJ.

Drawdown Indicators

	EYEG	SCHJ	Difference
Max Drawdown Largest peak-to-trough decline	-4.66%	-13.62%	+8.96%
Max Drawdown (1Y) Largest decline over 1 year	-2.84%	-1.47%	-1.37%
Max Drawdown (3Y) Largest decline over 3 years	—	-1.47%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-9.43%	—
Current Drawdown Current decline from peak	-2.32%	-0.33%	-1.99%
Average Drawdown Average peak-to-trough decline	-1.24%	-1.85%	+0.61%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.10%	0.39%	+0.71%

Volatility

EYEG vs. SCHJ - Volatility Comparison

AB Corporate Bond ETF (EYEG) has a higher volatility of 1.20% compared to Schwab 1-5 Year Corporate Bond ETF (SCHJ) at 0.53%. This indicates that EYEG's price experiences larger fluctuations and is considered to be riskier than SCHJ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EYEG	SCHJ	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.20%	0.53%	+0.67%
Volatility (6M) Calculated over the trailing 6-month period	3.39%	1.53%	+1.86%
Volatility (1Y) Calculated over the trailing 1-year period	4.30%	1.93%	+2.37%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.40%	2.95%	+2.45%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.40%	4.10%	+1.30%

EYEG vs. SCHJ - Expense Ratio Comparison

EYEG has a 0.30% expense ratio, which is higher than SCHJ's 0.03% expense ratio.

Dividends

EYEG vs. SCHJ - Dividend Comparison

EYEG's dividend yield for the trailing twelve months is around 5.01%, more than SCHJ's 4.50% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
EYEG AB Corporate Bond ETF	4.58%	4.94%	6.07%	0.25%	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 EYEG and SCHJ in my portfolio?

EYEG and SCHJ have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, EYEG or SCHJ?

EYEG has higher volatility (1.20%) compared to SCHJ (0.53%). In terms of maximum drawdown, EYEG dropped -4.66% vs SCHJ's -13.62%.

Which ETF is better, EYEG or SCHJ?

On 1-year performance, SCHJ leads with 2.99% vs 1.33% for EYEG. On fees, SCHJ is cheaper at 0.03% per year. On volatility, SCHJ has been the lower-risk option at 0.53%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, EYEG or SCHJ?

Over the 1-year period, SCHJ has performed better with a 2.99% return vs 1.33%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, EYEG or SCHJ?

SCHJ is cheaper with a 0.03% expense ratio, compared with 0.30% for EYEG.

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

EYEG has the higher dividend yield at 4.58%, compared with 4.09% for SCHJ.

What is the main difference between EYEG and SCHJ?

EYEG is categorized as Corporate Bonds, while SCHJ is Short-Term Bond. They also come from different issuers: AllianceBernstein and Charles Schwab. Their fees differ too: 0.30% for EYEG and 0.03% for SCHJ.

Which has better risk-adjusted returns?

SCHJ currently has the higher Sharpe Ratio (1.86 vs 0.49), 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.