GIGL vs. SCHI

Last updated Jul 17, 2026

GIGL (Goldman Sachs Corporate Bond ETF) and SCHI (Schwab 5-10 Year Corporate Bond ETF) are both Corporate Bonds funds. Over the past year, GIGL returned 4.60% vs 4.78% for SCHI. With a 0.95 correlation, they move nearly in lockstep. GIGL charges 0.29%/yr vs 0.03%/yr for SCHI.

Performance

GIGL vs. SCHI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Goldman Sachs Corporate Bond ETF (GIGL) and Schwab 5-10 Year Corporate Bond ETF (SCHI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GIGL achieves a 0.18% return, which is significantly higher than SCHI's 0.08% return.

GIGL

• 1D: -0.04%
• 1M: -0.66%
• 6M: -0.21%
• YTD: 0.18%
• 1Y: 4.60%
• 3Y*: —
• 5Y*: —
• 10Y*: —

SCHI

• 1D: -0.13%
• 1M: -0.47%
• 6M: -0.14%
• YTD: 0.08%
• 1Y: 4.78%
• 3Y*: 5.88%
• 5Y*: 0.94%
• 10Y*: —

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

GIGL vs. SCHI - Yearly Performance Comparison

	2026 (YTD)	2025
GIGL Goldman Sachs Corporate Bond ETF	0.18%	3.76%
SCHI Schwab 5-10 Year Corporate Bond ETF	0.08%	4.48%

Correlation

The correlation between GIGL and SCHI is 0.95 - 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	0.95
Correlation (All Time) Calculated using the full available price history since Jun 26, 2025	0.95

The correlation between GIGL and SCHI has been stable across timeframes, ranging from 0.95 to 0.95 - a consistent structural relationship.

Return for Risk

GIGL vs. SCHI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

GIGL

GIGL Risk / Return Rank: 36
GIGL Sharpe Ratio Rank: 37
GIGL Sortino Ratio Rank: 36
GIGL Omega Ratio Rank: 35
GIGL Calmar Ratio Rank: 35
GIGL Martin Ratio Rank: 37

SCHI

SCHI Risk / Return Rank: 38
SCHI Sharpe Ratio Rank: 39
SCHI Sortino Ratio Rank: 39
SCHI Omega Ratio Rank: 36
SCHI Calmar Ratio Rank: 38
SCHI Martin Ratio Rank: 39

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

GIGL vs. SCHI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs Corporate Bond ETF (GIGL) and Schwab 5-10 Year Corporate Bond ETF (SCHI). 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.

	GIGL	SCHI	Difference
Sharpe ratio: Return per unit of total volatility	1.11	1.16	-0.05
Sortino ratio: Return per unit of downside risk	1.60	1.70	-0.10
Omega ratio: Gain probability vs. loss probability	1.19	1.20	-0.01
Calmar ratio: Return relative to maximum drawdown	1.48	1.59	-0.12
Martin ratio: Return relative to average drawdown	4.55	4.91	-0.36

GIGL vs. SCHI - Sharpe Ratio Comparison

The current GIGL Sharpe Ratio is 1.11, which is comparable to the SCHI Sharpe Ratio of 1.16. The chart below compares the historical Sharpe Ratios of GIGL and SCHI, 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

GIGL vs. SCHI - Drawdown Comparison

The maximum GIGL drawdown since its inception was -3.13%, smaller than the maximum SCHI drawdown of -20.67%. Use the drawdown chart below to compare losses from any high point for GIGL and SCHI.

Drawdown Indicators

	GIGL	SCHI	Difference
Max Drawdown Largest peak-to-trough decline	-3.13%	-20.67%	+17.54%
Max Drawdown (1Y) Largest decline over 1 year	-3.13%	-3.01%	-0.12%
Max Drawdown (3Y) Largest decline over 3 years	—	-6.14%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-20.67%	—
Current Drawdown Current decline from peak	-1.33%	-1.48%	+0.15%
Average Drawdown Average peak-to-trough decline	-0.74%	-5.63%	+4.89%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.01%	0.98%	+0.03%

Volatility

GIGL vs. SCHI - Volatility Comparison

The current volatility for Goldman Sachs Corporate Bond ETF (GIGL) is 1.10%, while Schwab 5-10 Year Corporate Bond ETF (SCHI) has a volatility of 1.19%. This indicates that GIGL experiences smaller price fluctuations and is considered to be less risky than SCHI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GIGL	SCHI	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.10%	1.19%	-0.09%
Volatility (6M) Calculated over the trailing 6-month period	3.33%	3.31%	+0.02%
Volatility (1Y) Calculated over the trailing 1-year period	4.16%	4.13%	+0.03%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.16%	6.67%	-2.51%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.16%	7.36%	-3.20%

GIGL vs. SCHI - Expense Ratio Comparison

GIGL has a 0.29% expense ratio, which is higher than SCHI's 0.03% expense ratio.

Dividends

GIGL vs. SCHI - Dividend Comparison

GIGL's dividend yield for the trailing twelve months is around 4.20%, less than SCHI's 5.08% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
GIGL Goldman Sachs Corporate Bond ETF	4.20%	2.12%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SCHI Schwab 5-10 Year Corporate Bond ETF	5.08%	4.99%	5.11%	4.27%	3.10%	1.93%	2.31%	0.53%

Frequently Asked Questions

Can I hold both GIGL and SCHI in my portfolio?

With a correlation of 0.95, GIGL and SCHI 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.

Which is riskier, GIGL or SCHI?

SCHI has higher volatility (1.19%) compared to GIGL (1.10%). In terms of maximum drawdown, GIGL dropped -3.13% vs SCHI's -20.67%.

Which ETF is better, GIGL or SCHI?

On 1-year performance, SCHI leads with 4.78% vs 4.60% for GIGL. On fees, SCHI 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.

Which ETF has performed better, GIGL or SCHI?

Over the 1-year period, SCHI has performed better with a 4.78% return vs 4.60%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, GIGL or SCHI?

SCHI is cheaper with a 0.03% expense ratio, compared with 0.29% for GIGL.

Which ETF pays a higher dividend yield, GIGL or SCHI?

SCHI has the higher dividend yield at 5.08%, compared with 4.20% for GIGL.

What is the main difference between GIGL and SCHI?

They also come from different issuers: Goldman Sachs and Charles Schwab. Their fees differ too: 0.29% for GIGL and 0.03% for SCHI.

Which has better risk-adjusted returns?

SCHI currently has the higher Sharpe Ratio (1.16 vs 1.11), 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.