IDEV vs. SCHR
IDEV (iShares Core MSCI International Developed Markets ETF) and SCHR (Schwab Intermediate-Term U.S. Treasury ETF) are both exchange-traded funds - IDEV is a Foreign Large Cap Equities fund tracking the MSCI World ex USA Investable Market Index, while SCHR is a Government Bonds fund tracking the Bloomberg US Treasury 3-10 Year Index. Both are passively managed. Over the past 5 years, IDEV returned 8.52%/yr vs 0.02%/yr for SCHR. At a 0.01 correlation, their price movements are largely independent. Both charge a 0.05% expense ratio.
Performance
IDEV vs. SCHR - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IDEV achieves a 9.59% return, which is significantly higher than SCHR's -0.27% return.
IDEV
- 1D
- 0.42%
- 1M
- 2.88%
- YTD
- 9.59%
- 6M
- 11.02%
- 1Y
- 23.58%
- 3Y*
- 17.03%
- 5Y*
- 8.52%
- 10Y*
- —
SCHR
- 1D
- -0.12%
- 1M
- 0.66%
- YTD
- -0.27%
- 6M
- 0.04%
- 1Y
- 3.42%
- 3Y*
- 3.71%
- 5Y*
- 0.02%
- 10Y*
- 1.19%
IDEV vs. SCHR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IDEV iShares Core MSCI International Developed Markets ETF | 9.59% | 32.56% | 4.54% | 17.36% | -14.99% | 13.00% | 8.32% | 23.12% | -14.10% | 17.43% |
SCHR Schwab Intermediate-Term U.S. Treasury ETF | -0.27% | 7.33% | 1.42% | 4.27% | -10.58% | -2.62% | 7.72% | 6.18% | 1.46% | 1.00% |
Correlation
The correlation between IDEV and SCHR is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.35 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.29 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.18 |
Correlation (All Time) Calculated using the full available price history since Mar 23, 2017 | 0.01 |
Over the past year, IDEV and SCHR have become more correlated (0.35) than their long-term average of 0.01, meaning their price movements have been converging.
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
IDEV vs. SCHR — Risk / Return Rank
IDEV
SCHR
IDEV vs. SCHR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Core MSCI International Developed Markets ETF (IDEV) and Schwab Intermediate-Term U.S. Treasury ETF (SCHR). 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.
| IDEV | SCHR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.51 | ||
| Sortino ratioReturn per unit of downside risk | +0.63 | ||
| Omega ratioGain probability vs. loss probability | 1.27 | 1.17 | +0.10 |
| Calmar ratioReturn relative to maximum drawdown | 1.99 | 1.17 | +0.82 |
| Martin ratioReturn relative to average drawdown | 7.76 | 3.29 | +4.47 |
Loading charts...
Drawdowns
IDEV vs. SCHR - Drawdown Comparison
The maximum IDEV drawdown since its inception was -34.77%, which is greater than SCHR's maximum drawdown of -16.11%. Use the drawdown chart below to compare losses from any high point for IDEV and SCHR.
Loading charts...
Drawdown Indicators
| IDEV | SCHR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.77% | -16.11% | -18.66% |
Max Drawdown (1Y)Largest decline over 1 year | -11.20% | -2.79% | -8.41% |
Max Drawdown (3Y)Largest decline over 3 years | -13.41% | -4.35% | -9.06% |
Max Drawdown (5Y)Largest decline over 5 years | -29.15% | -15.07% | -14.08% |
Max Drawdown (10Y)Largest decline over 10 years | — | -16.11% | — |
Current DrawdownCurrent decline from peak | -0.37% | -2.21% | +1.84% |
Average DrawdownAverage peak-to-trough decline | -6.55% | -3.64% | -2.91% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.87% | 0.99% | +1.88% |
Volatility
IDEV vs. SCHR - Volatility Comparison
iShares Core MSCI International Developed Markets ETF (IDEV) has a higher volatility of 5.30% compared to Schwab Intermediate-Term U.S. Treasury ETF (SCHR) at 1.11%. This indicates that IDEV's price experiences larger fluctuations and is considered to be riskier than SCHR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IDEV | SCHR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.30% | 1.11% | +4.19% |
Volatility (6M)Calculated over the trailing 6-month period | 12.73% | 2.40% | +10.33% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.07% | 3.38% | +11.69% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.35% | 5.38% | +10.97% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.29% | 4.47% | +12.82% |
IDEV vs. SCHR - Expense Ratio Comparison
Both IDEV and SCHR have an expense ratio of 0.05%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
IDEV vs. SCHR - Dividend Comparison
IDEV's dividend yield for the trailing twelve months is around 3.11%, less than SCHR's 3.91% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IDEV iShares Core MSCI International Developed Markets ETF | 3.11% | 3.40% | 3.30% | 3.07% | 2.69% | 3.05% | 2.00% | 3.18% | 3.16% | 1.54% | 0.00% | 0.00% |
SCHR Schwab Intermediate-Term U.S. Treasury ETF | 3.91% | 3.85% | 3.77% | 3.16% | 2.02% | 1.00% | 1.62% | 2.31% | 2.11% | 1.65% | 1.45% | 1.56% |
Frequently Asked Questions
IDEV and SCHR have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IDEV has higher volatility (5.30%) compared to SCHR (1.11%). In terms of maximum drawdown, IDEV dropped -34.77% vs SCHR's -16.11%.
On 5-year performance, IDEV leads with 8.52% vs 0.02% for SCHR. Both ETFs have the same 0.05% expense ratio. On volatility, SCHR has been the lower-risk option at 1.11%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, IDEV has performed better with a 8.52% return vs 0.02%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
IDEV and SCHR have the same expense ratio: 0.05% per year.
SCHR has the higher dividend yield at 3.91%, compared with 3.11% for IDEV.
IDEV is categorized as Foreign Large Cap Equities, while SCHR is Government Bonds. IDEV tracks MSCI World ex USA Investable Market Index, while SCHR tracks Bloomberg US Treasury 3-10 Year Index. They also come from different issuers: iShares and Charles Schwab.
IDEV currently has the higher Sharpe Ratio (1.48 vs 0.97), 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 IDEV and SCHR
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