IBDS vs. SCHI
IBDS (iShares iBonds Dec 2027 Term Corporate ETF) and SCHI (Schwab 5-10 Year Corporate Bond ETF) are both Corporate Bonds funds - IBDS tracks the Bloomberg Barclays December 2027 Maturity Corporate Index while SCHI tracks the Bloomberg US 5-10 Year Corporate Bond Index. Both are passively managed. Over the past 5 years, IBDS returned 1.47%/yr vs 1.19%/yr for SCHI. Their correlation of 0.84 suggests significant overlap in exposure. IBDS charges 0.10%/yr vs 0.03%/yr for SCHI.
Performance
IBDS vs. SCHI - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IBDS achieves a 1.40% return, which is significantly higher than SCHI's 0.37% return.
IBDS
- 1D
- 0.08%
- 1M
- 0.27%
- YTD
- 1.40%
- 6M
- 1.61%
- 1Y
- 4.33%
- 3Y*
- 5.41%
- 5Y*
- 1.47%
- 10Y*
- —
SCHI
- 1D
- 0.13%
- 1M
- 0.68%
- YTD
- 0.37%
- 6M
- 0.50%
- 1Y
- 5.29%
- 3Y*
- 6.15%
- 5Y*
- 1.19%
- 10Y*
- —
IBDS vs. SCHI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
IBDS iShares iBonds Dec 2027 Term Corporate ETF | 1.40% | 5.86% | 4.61% | 6.44% | -9.52% | -1.56% | 8.95% | 0.91% |
SCHI Schwab 5-10 Year Corporate Bond ETF | 0.37% | 9.47% | 3.32% | 8.97% | -14.06% | -1.85% | 9.74% | 0.83% |
Correlation
The correlation between IBDS and SCHI is 0.71, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.71 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.83 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.86 |
Correlation (All Time) Calculated using the full available price history since Oct 10, 2019 | 0.84 |
The correlation between IBDS and SCHI shifts across timeframes, from 0.71 (1 year) to 0.86 (5 years), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
IBDS vs. SCHI — Risk / Return Rank
IBDS
SCHI
IBDS vs. SCHI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares iBonds Dec 2027 Term Corporate ETF (IBDS) 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.
| IBDS | SCHI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.79 | ||
| Sortino ratioReturn per unit of downside risk | +5.94 | ||
| Omega ratioGain probability vs. loss probability | 2.08 | 1.23 | +0.85 |
| Calmar ratioReturn relative to maximum drawdown | 10.00 | 1.76 | +8.24 |
| Martin ratioReturn relative to average drawdown | 46.90 | 5.66 | +41.25 |
Loading charts...
Drawdowns
IBDS vs. SCHI - Drawdown Comparison
The maximum IBDS drawdown since its inception was -16.75%, smaller than the maximum SCHI drawdown of -20.67%. Use the drawdown chart below to compare losses from any high point for IBDS and SCHI.
Loading charts...
Drawdown Indicators
| IBDS | SCHI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.75% | -20.67% | +3.92% |
Max Drawdown (1Y)Largest decline over 1 year | -0.43% | -3.01% | +2.58% |
Max Drawdown (3Y)Largest decline over 3 years | -2.27% | -6.14% | +3.87% |
Max Drawdown (5Y)Largest decline over 5 years | -14.98% | -20.67% | +5.69% |
Current DrawdownCurrent decline from peak | 0.00% | -1.19% | +1.19% |
Average DrawdownAverage peak-to-trough decline | -3.34% | -5.68% | +2.34% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.09% | 0.94% | -0.85% |
Volatility
IBDS vs. SCHI - Volatility Comparison
The current volatility for iShares iBonds Dec 2027 Term Corporate ETF (IBDS) is 0.19%, while Schwab 5-10 Year Corporate Bond ETF (SCHI) has a volatility of 1.25%. This indicates that IBDS 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.
Loading charts...
Volatility by Period
| IBDS | SCHI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.19% | 1.25% | -1.06% |
Volatility (6M)Calculated over the trailing 6-month period | 0.62% | 3.20% | -2.58% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.07% | 4.14% | -3.07% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.17% | 6.67% | -2.50% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.53% | 7.38% | -1.85% |
IBDS vs. SCHI - Expense Ratio Comparison
IBDS has a 0.10% expense ratio, which is higher than SCHI'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
IBDS vs. SCHI - Dividend Comparison
IBDS's dividend yield for the trailing twelve months is around 4.31%, less than SCHI's 5.04% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
IBDS iShares iBonds Dec 2027 Term Corporate ETF | 4.31% | 4.36% | 4.37% | 3.81% | 2.87% | 2.19% | 2.66% | 3.32% | 3.66% | 0.97% |
SCHI Schwab 5-10 Year Corporate Bond ETF | 5.04% | 4.99% | 5.11% | 4.27% | 3.10% | 1.93% | 2.31% | 0.53% | 0.00% | 0.00% |
Frequently Asked Questions
IBDS and SCHI have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SCHI has higher volatility (1.25%) compared to IBDS (0.19%). In terms of maximum drawdown, IBDS dropped -16.75% vs SCHI's -20.67%.
On 5-year performance, IBDS leads with 1.47% vs 1.19% for SCHI. On fees, SCHI is cheaper at 0.03% per year. On volatility, IBDS has been the lower-risk option at 0.19%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, IBDS has performed better with a 1.47% return vs 1.19%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
SCHI is cheaper with a 0.03% expense ratio, compared with 0.10% for IBDS.
SCHI has the higher dividend yield at 5.04%, compared with 4.31% for IBDS.
IBDS tracks Bloomberg Barclays December 2027 Maturity Corporate Index, while SCHI tracks Bloomberg US 5-10 Year Corporate Bond Index. They also come from different issuers: iShares and Charles Schwab. Their fees differ too: 0.10% for IBDS and 0.03% for SCHI.
IBDS currently has the higher Sharpe Ratio (4.08 vs 1.29), 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.
Find the right allocation for IBDS and SCHI
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer