GUSTX vs. SCHO
Compare and contrast key facts about GMO U.S. Treasury Fund (GUSTX) and Schwab Short-Term U.S. Treasury ETF (SCHO).
GUSTX is managed by GMO. It was launched on Mar 16, 2009. SCHO is a passively managed fund by Charles Schwab that tracks the performance of the Bloomberg US Treasury (1-3 Y) (Inception 4/30/1996). It was launched on Aug 5, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GUSTX or SCHO.
Key characteristics
| GUSTX | SCHO | |
|---|---|---|
| YTD Return | 2.64% | 4.46% |
| 1Y Return | 3.58% | 7.24% |
| 3Y Return (Ann) | 2.73% | 2.38% |
| 5Y Return (Ann) | 1.92% | 2.24% |
| 10Y Return (Ann) | 1.04% | 2.06% |
| Sharpe Ratio | 2.56 | 3.50 |
| Sortino Ratio | 7.19 | 6.21 |
| Omega Ratio | 3.94 | 1.85 |
| Calmar Ratio | 17.86 | 8.11 |
| Martin Ratio | 60.57 | 23.07 |
| Ulcer Index | 0.06% | 0.32% |
| Daily Std Dev | 1.40% | 2.09% |
| Max Drawdown | -0.72% | -5.28% |
| Current Drawdown | -0.00% | -0.86% |
Correlation
The correlation between GUSTX and SCHO is 0.09, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
GUSTX vs. SCHO - Performance Comparison
In the year-to-date period, GUSTX achieves a 2.64% return, which is significantly lower than SCHO's 4.46% return. Over the past 10 years, GUSTX has underperformed SCHO with an annualized return of 1.04%, while SCHO has yielded a comparatively higher 2.06% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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GUSTX vs. SCHO - Expense Ratio Comparison
GUSTX has a 0.01% expense ratio, which is lower than SCHO's 0.05% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
GUSTX vs. SCHO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for GMO U.S. Treasury Fund (GUSTX) and Schwab Short-Term U.S. Treasury ETF (SCHO). 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.
Dividends
GUSTX vs. SCHO - Dividend Comparison
GUSTX's dividend yield for the trailing twelve months is around 3.51%, less than SCHO's 5.36% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GUSTX GMO U.S. Treasury Fund | 3.51% | 4.05% | 1.95% | 0.08% | 0.49% | 1.13% | 0.00% | 0.00% | 0.05% | 0.04% | 0.01% | 0.03% |
SCHO Schwab Short-Term U.S. Treasury ETF | 5.36% | 5.03% | 2.12% | 0.57% | 2.14% | 3.40% | 2.89% | 1.55% | 1.23% | 0.97% | 0.59% | 0.44% |
Drawdowns
GUSTX vs. SCHO - Drawdown Comparison
The maximum GUSTX drawdown since its inception was -0.72%, smaller than the maximum SCHO drawdown of -5.28%. Use the drawdown chart below to compare losses from any high point for GUSTX and SCHO. For additional features, visit the drawdowns tool.
Volatility
GUSTX vs. SCHO - Volatility Comparison
The current volatility for GMO U.S. Treasury Fund (GUSTX) is 0.00%, while Schwab Short-Term U.S. Treasury ETF (SCHO) has a volatility of 0.36%. This indicates that GUSTX experiences smaller price fluctuations and is considered to be less risky than SCHO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.