ISCB vs. SCHI
ISCB (iShares Morningstar Small-Cap ETF) and SCHI (Schwab 5-10 Year Corporate Bond ETF) are both exchange-traded funds - ISCB is a Small Cap Blend Equities fund tracking the Morningstar US Small Cap Extended Index, while SCHI is a Corporate Bonds fund tracking the Bloomberg US 5-10 Year Corporate Bond Index. Both are passively managed. Over the past 5 years, ISCB returned 7.02%/yr vs 0.88%/yr for SCHI. At a 0.25 correlation, their price movements are largely independent. ISCB charges 0.04%/yr vs 0.03%/yr for SCHI.
Performance
ISCB vs. SCHI - Performance Comparison
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Returns By Period
In the year-to-date period, ISCB achieves a 14.44% return, which is significantly higher than SCHI's -0.06% return.
ISCB
- 1D
- -0.56%
- 1M
- 0.72%
- 6M
- 7.74%
- YTD
- 14.44%
- 1Y
- 25.22%
- 3Y*
- 14.39%
- 5Y*
- 7.02%
- 10Y*
- 9.09%
- ALL TIME*
- 8.88%
SCHI
- 1D
- -0.27%
- 1M
- -0.47%
- 6M
- -0.06%
- YTD
- -0.06%
- 1Y
- 4.22%
- 3Y*
- 5.78%
- 5Y*
- 0.88%
- 10Y*
- —
- ALL TIME*
- 2.08%
ISCB vs. SCHI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
ISCB iShares Morningstar Small-Cap ETF | 14.44% | 12.46% | 10.90% | 19.51% | -19.04% | 17.46% | 6.29% | 11.33% |
SCHI Schwab 5-10 Year Corporate Bond ETF | -0.06% | 9.47% | 3.32% | 8.97% | -14.06% | -1.85% | 9.74% | 0.83% |
Correlation
The correlation between ISCB and SCHI is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.46 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.37 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.31 |
Correlation (All Time) Calculated using the full available price history since Oct 10, 2019 | 0.25 |
Over the past year, ISCB and SCHI have become more correlated (0.46) than their long-term average of 0.25, meaning their price movements have been converging.
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Return for Risk
ISCB vs. SCHI — Risk / Return Rank
ISCB
SCHI
ISCB vs. SCHI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Morningstar Small-Cap ETF (ISCB) 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.
| ISCB | SCHI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.52 | ||
| Sortino ratioReturn per unit of downside risk | +0.77 | ||
| Omega ratioGain probability vs. loss probability | 1.27 | 1.18 | +0.09 |
| Calmar ratioReturn relative to maximum drawdown | 2.70 | 1.41 | +1.29 |
| Martin ratioReturn relative to average drawdown | 9.61 | 4.30 | +5.31 |
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Drawdowns
ISCB vs. SCHI - Drawdown Comparison
The maximum ISCB drawdown since its inception was -61.25%, which is greater than SCHI's maximum drawdown of -20.67%. Use the drawdown chart below to compare losses from any high point for ISCB and SCHI.
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Drawdown Indicators
| ISCB | SCHI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -61.25% | -20.67% | -40.58% |
Max Drawdown (1Y)Largest decline over 1 year | -9.39% | -3.01% | -6.38% |
Max Drawdown (3Y)Largest decline over 3 years | -26.22% | -5.97% | -20.25% |
Max Drawdown (5Y)Largest decline over 5 years | -29.94% | -20.67% | -9.27% |
Max Drawdown (10Y)Largest decline over 10 years | -44.18% | — | — |
Current DrawdownCurrent decline from peak | -2.03% | -1.61% | -0.42% |
Average DrawdownAverage peak-to-trough decline | -9.75% | -5.63% | -4.12% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.63% | 0.99% | +1.64% |
Volatility
ISCB vs. SCHI - Volatility Comparison
iShares Morningstar Small-Cap ETF (ISCB) has a higher volatility of 3.09% compared to Schwab 5-10 Year Corporate Bond ETF (SCHI) at 1.16%. This indicates that ISCB's price experiences larger fluctuations and is considered to be riskier than SCHI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ISCB | SCHI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.09% | 1.16% | +1.93% |
Volatility (6M)Calculated over the trailing 6-month period | 11.57% | 3.30% | +8.27% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.46% | 4.14% | +12.32% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.29% | 6.67% | +14.62% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.61% | 7.35% | +15.26% |
ISCB vs. SCHI - Expense Ratio Comparison
ISCB has a 0.04% 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
ISCB vs. SCHI - Dividend Comparison
ISCB's dividend yield for the trailing twelve months is around 1.29%, less than SCHI's 5.09% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ISCB iShares Morningstar Small-Cap ETF | 1.29% | 1.38% | 1.31% | 1.49% | 1.63% | 1.26% | 1.26% | 1.25% | 1.60% | 1.24% | 1.58% | 1.40% |
SCHI Schwab 5-10 Year Corporate Bond ETF | 5.09% | 4.99% | 5.11% | 4.27% | 3.10% | 1.93% | 2.31% | 0.53% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
ISCB and SCHI have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ISCB has higher volatility (3.09%) compared to SCHI (1.16%). In terms of maximum drawdown, ISCB dropped -61.25% vs SCHI's -20.67%.
On 5-year performance, ISCB leads with 7.02% vs 0.88% for SCHI. On fees, SCHI is cheaper at 0.03% per year. On volatility, SCHI has been the lower-risk option at 1.16%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, ISCB has performed better with a 7.02% return vs 0.88%. 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 0.04% for ISCB.
SCHI has the higher dividend yield at 5.09%, compared with 1.29% for ISCB.
ISCB is categorized as Small Cap Blend Equities, while SCHI is Corporate Bonds. ISCB tracks Morningstar US Small Cap Extended 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: 0.04% for ISCB and 0.03% for SCHI.
ISCB currently has the higher Sharpe Ratio (1.54 vs 1.03), 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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