IGLB vs. SCHD
IGLB (iShares 10+ Year Investment Grade Corporate Bond ETF) and SCHD (Schwab U.S. Dividend Equity ETF) are both exchange-traded funds - IGLB is a Corporate Bonds fund tracking the ICE BofAML10+ Year US Corporate Index, while SCHD is a Dividend fund tracking the Dow Jones U.S. Dividend 100 Index. Both are passively managed. Over the past 10 years, IGLB returned 2.23%/yr vs 12.72%/yr for SCHD. At a 0.05 correlation, their price movements are largely independent. Both charge a 0.06% expense ratio.
Performance
IGLB vs. SCHD - Performance Comparison
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Returns By Period
In the year-to-date period, IGLB achieves a 1.43% return, which is significantly lower than SCHD's 17.72% return. Over the past 10 years, IGLB has underperformed SCHD with an annualized return of 2.23%, while SCHD has yielded a comparatively higher 12.72% annualized return.
IGLB
- 1D
- 0.24%
- 1M
- 1.60%
- YTD
- 1.43%
- 6M
- 1.25%
- 1Y
- 6.60%
- 3Y*
- 4.34%
- 5Y*
- -2.03%
- 10Y*
- 2.23%
SCHD
- 1D
- 0.41%
- 1M
- -2.47%
- YTD
- 17.72%
- 6M
- 17.25%
- 1Y
- 24.56%
- 3Y*
- 14.60%
- 5Y*
- 8.71%
- 10Y*
- 12.72%
IGLB vs. SCHD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IGLB iShares 10+ Year Investment Grade Corporate Bond ETF | 1.43% | 7.53% | -1.50% | 11.03% | -25.38% | -1.68% | 13.30% | 23.19% | -6.90% | 12.15% |
SCHD Schwab U.S. Dividend Equity ETF | 17.72% | 4.34% | 11.66% | 4.54% | -3.26% | 29.87% | 15.03% | 27.29% | -5.56% | 20.85% |
Correlation
The correlation between IGLB and SCHD is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.24 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.29 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.26 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.15 |
Correlation (All Time) Calculated using the full available price history since Oct 20, 2011 | 0.05 |
The correlation between IGLB and SCHD shifts across timeframes, from 0.05 (all time) to 0.29 (3 years), reflecting how their relationship changes across market environments.
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Return for Risk
IGLB vs. SCHD — Risk / Return Rank
IGLB
SCHD
IGLB vs. SCHD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares 10+ Year Investment Grade Corporate Bond ETF (IGLB) and Schwab U.S. Dividend Equity ETF (SCHD). 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.
| IGLB | SCHD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.37 | ||
| Sortino ratioReturn per unit of downside risk | -2.13 | ||
| Omega ratioGain probability vs. loss probability | 1.15 | 1.40 | -0.25 |
| Calmar ratioReturn relative to maximum drawdown | 1.28 | 5.35 | -4.07 |
| Martin ratioReturn relative to average drawdown | 3.15 | 12.94 | -9.79 |
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Drawdowns
IGLB vs. SCHD - Drawdown Comparison
The maximum IGLB drawdown since its inception was -34.12%, roughly equal to the maximum SCHD drawdown of -33.37%. Use the drawdown chart below to compare losses from any high point for IGLB and SCHD.
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Drawdown Indicators
| IGLB | SCHD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.12% | -33.37% | -0.75% |
Max Drawdown (1Y)Largest decline over 1 year | -5.19% | -4.61% | -0.58% |
Max Drawdown (3Y)Largest decline over 3 years | -12.87% | -16.13% | +3.26% |
Max Drawdown (5Y)Largest decline over 5 years | -34.12% | -16.85% | -17.27% |
Max Drawdown (10Y)Largest decline over 10 years | -34.12% | -33.37% | -0.75% |
Current DrawdownCurrent decline from peak | -13.20% | -2.47% | -10.73% |
Average DrawdownAverage peak-to-trough decline | -8.12% | -3.31% | -4.81% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.10% | 1.90% | +0.20% |
Volatility
IGLB vs. SCHD - Volatility Comparison
The current volatility for iShares 10+ Year Investment Grade Corporate Bond ETF (IGLB) is 1.89%, while Schwab U.S. Dividend Equity ETF (SCHD) has a volatility of 3.58%. This indicates that IGLB experiences smaller price fluctuations and is considered to be less risky than SCHD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IGLB | SCHD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.89% | 3.58% | -1.69% |
Volatility (6M)Calculated over the trailing 6-month period | 5.78% | 7.73% | -1.95% |
Volatility (1Y)Calculated over the trailing 1-year period | 7.74% | 11.07% | -3.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.38% | 14.36% | -1.98% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.54% | 16.71% | -4.17% |
IGLB vs. SCHD - Expense Ratio Comparison
Both IGLB and SCHD have an expense ratio of 0.06%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
IGLB vs. SCHD - Dividend Comparison
IGLB's dividend yield for the trailing twelve months is around 5.23%, more than SCHD's 3.30% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IGLB iShares 10+ Year Investment Grade Corporate Bond ETF | 5.23% | 5.14% | 5.10% | 4.59% | 4.56% | 3.16% | 3.22% | 3.73% | 4.56% | 3.94% | 4.21% | 4.58% |
SCHD Schwab U.S. Dividend Equity ETF | 3.30% | 3.82% | 3.64% | 3.49% | 3.39% | 2.78% | 3.16% | 2.98% | 3.06% | 2.63% | 2.89% | 2.97% |
Frequently Asked Questions
IGLB and SCHD have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SCHD has higher volatility (3.58%) compared to IGLB (1.89%). In terms of maximum drawdown, IGLB dropped -34.12% vs SCHD's -33.37%.
On 10-year performance, SCHD leads with 12.72% vs 2.23% for IGLB. Both ETFs have the same 0.06% expense ratio. On volatility, IGLB has been the lower-risk option at 1.89%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, SCHD has performed better with a 12.72% return vs 2.23%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
IGLB and SCHD have the same expense ratio: 0.06% per year.
IGLB has the higher dividend yield at 5.23%, compared with 3.30% for SCHD.
IGLB is categorized as Corporate Bonds, while SCHD is Dividend. IGLB tracks ICE BofAML10+ Year US Corporate Index, while SCHD tracks Dow Jones U.S. Dividend 100 Index. They also come from different issuers: iShares and Charles Schwab.
SCHD currently has the higher Sharpe Ratio (2.23 vs 0.86), 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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