GCOR vs. SCHZ
GCOR (Goldman Sachs Access U.S. Aggregate Bond ETF) and SCHZ (Schwab U.S. Aggregate Bond ETF) are both exchange-traded funds - GCOR is a Intermediate Core Bond fund tracking the FTSE Goldman Sachs US Broad Bond Market 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, GCOR returned -0.23%/yr vs 0.03%/yr for SCHZ. Their correlation of 0.93 suggests significant overlap in exposure. GCOR charges 0.08%/yr vs 0.03%/yr for SCHZ.
Performance
GCOR vs. SCHZ - Performance Comparison
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Returns By Period
In the year-to-date period, GCOR achieves a 0.41% return, which is significantly lower than SCHZ's 0.47% return.
GCOR
- 1D
- 0.09%
- 1M
- 0.72%
- YTD
- 0.41%
- 6M
- 0.49%
- 1Y
- 4.26%
- 3Y*
- 3.70%
- 5Y*
- -0.23%
- 10Y*
- —
SCHZ
- 1D
- 0.09%
- 1M
- 0.70%
- YTD
- 0.47%
- 6M
- 0.56%
- 1Y
- 4.29%
- 3Y*
- 3.93%
- 5Y*
- 0.03%
- 10Y*
- 1.49%
GCOR vs. SCHZ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
GCOR Goldman Sachs Access U.S. Aggregate Bond ETF | 0.41% | 7.22% | 0.51% | 5.79% | -13.83% | -1.88% | 0.50% |
SCHZ Schwab U.S. Aggregate Bond ETF | 0.47% | 7.24% | 1.26% | 5.60% | -13.17% | -1.72% | 0.48% |
Correlation
The correlation between GCOR and SCHZ is 0.97 - 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 | 0.97 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.95 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.94 |
Correlation (All Time) Calculated using the full available price history since Sep 10, 2020 | 0.93 |
The correlation between GCOR and SCHZ has been stable across timeframes, ranging from 0.93 to 0.97 - a consistent structural relationship.
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Return for Risk
GCOR vs. SCHZ — Risk / Return Rank
GCOR
SCHZ
GCOR vs. SCHZ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs Access U.S. Aggregate Bond ETF (GCOR) 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.
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.
| GCOR | SCHZ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.04 | ||
| Sortino ratioReturn per unit of downside risk | +0.03 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.20 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 1.52 | 1.60 | -0.08 |
| Martin ratioReturn relative to average drawdown | 4.35 | 4.59 | -0.24 |
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Drawdowns
GCOR vs. SCHZ - Drawdown Comparison
The maximum GCOR drawdown since its inception was -18.94%, roughly equal to the maximum SCHZ drawdown of -18.74%. Use the drawdown chart below to compare losses from any high point for GCOR and SCHZ.
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Drawdown Indicators
| GCOR | SCHZ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.94% | -18.74% | -0.20% |
Max Drawdown (1Y)Largest decline over 1 year | -2.82% | -2.70% | -0.12% |
Max Drawdown (3Y)Largest decline over 3 years | -6.09% | -6.18% | +0.09% |
Max Drawdown (5Y)Largest decline over 5 years | -18.63% | -18.01% | -0.62% |
Max Drawdown (10Y)Largest decline over 10 years | — | -18.74% | — |
Current DrawdownCurrent decline from peak | -3.27% | -2.30% | -0.97% |
Average DrawdownAverage peak-to-trough decline | -7.94% | -3.68% | -4.26% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.98% | 0.94% | +0.04% |
Volatility
GCOR vs. SCHZ - Volatility Comparison
The current volatility for Goldman Sachs Access U.S. Aggregate Bond ETF (GCOR) is 1.05%, while Schwab U.S. Aggregate Bond ETF (SCHZ) has a volatility of 1.15%. This indicates that GCOR experiences smaller price fluctuations and is considered to be less risky than SCHZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GCOR | SCHZ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.05% | 1.15% | -0.10% |
Volatility (6M)Calculated over the trailing 6-month period | 2.74% | 2.78% | -0.04% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.61% | 3.76% | -0.15% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.81% | 6.09% | -0.28% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.51% | 5.42% | +0.09% |
GCOR vs. SCHZ - Expense Ratio Comparison
GCOR has a 0.08% 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
GCOR vs. SCHZ - Dividend Comparison
GCOR's dividend yield for the trailing twelve months is around 4.16%, more than SCHZ's 4.11% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GCOR Goldman Sachs Access U.S. Aggregate Bond ETF | 4.16% | 4.03% | 4.36% | 3.67% | 2.11% | 0.92% | 0.24% | 0.00% | 0.00% | 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 0.97, GCOR 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.
SCHZ has higher volatility (1.15%) compared to GCOR (1.05%). In terms of maximum drawdown, GCOR dropped -18.94% vs SCHZ's -18.74%.
On 5-year performance, SCHZ leads with 0.03% vs -0.23% for GCOR. 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 0.03% return vs -0.23%. 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 0.08% for GCOR.
GCOR has the higher dividend yield at 4.16%, compared with 4.11% for SCHZ.
GCOR is categorized as Intermediate Core Bond, while SCHZ is Total Bond Market. GCOR tracks FTSE Goldman Sachs US Broad Bond Market Index, while SCHZ tracks Bloomberg US Aggregate Bond Index. They also come from different issuers: Goldman Sachs and Charles Schwab. Their fees differ too: 0.08% for GCOR and 0.03% for SCHZ.
GCOR currently has the higher Sharpe Ratio (1.19 vs 1.15), 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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