SBND vs. SCHJ
SBND (Columbia Short Duration Bond ETF) and SCHJ (Schwab 1-5 Year Corporate Bond ETF) are both Short-Term Bond funds - SBND tracks the Bloomberg Beta Advantage Short Term Bond (-300%) while SCHJ tracks the Bloomberg US 1-5 Year Corporate Bond Index. Both are passively managed. Over the past 3 years, SBND returned 5.86%/yr vs 5.46%/yr for SCHJ. Their 0.80 correlation means they have sometimes moved together and sometimes differently. SBND charges 0.25%/yr vs 0.03%/yr for SCHJ.
Performance
SBND vs. SCHJ - Performance Comparison
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Returns By Period
In the year-to-date period, SBND achieves a 0.86% return, which is significantly higher than SCHJ's 0.75% return.
SBND
- 1D
- 0.03%
- 1M
- -0.29%
- 6M
- 0.46%
- YTD
- 0.86%
- 1Y
- 3.56%
- 3Y*
- 5.86%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 2.40%
SCHJ
- 1D
- -0.06%
- 1M
- -0.28%
- 6M
- 0.42%
- YTD
- 0.75%
- 1Y
- 2.99%
- 3Y*
- 5.46%
- 5Y*
- 2.31%
- 10Y*
- —
- ALL TIME*
- 2.60%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $2.32M | $2.73M | $1.61M | |
| $5.98M | $7.81M | $6.46M |
SBND vs. SCHJ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
SBND Columbia Short Duration Bond ETF | 0.86% | 7.50% | 4.83% | 7.20% | -7.24% | -0.70% |
SCHJ Schwab 1-5 Year Corporate Bond ETF | 0.75% | 6.80% | 4.89% | 6.36% | -5.73% | -0.92% |
Correlation
The correlation between SBND and SCHJ is 0.69, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.69 |
Correlation (3Y) Balances recent behavior with more history. | 0.76 |
Correlation (All Time) Calculated using the full available price history since Sep 21, 2021 | 0.80 |
The correlation between SBND and SCHJ shifts across timeframes, from 0.69 (1 year) to 0.80 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
SBND vs. SCHJ — Risk / Return Rank
SBND
SCHJ
SBND vs. SCHJ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Columbia Short Duration Bond ETF (SBND) and Schwab 1-5 Year Corporate Bond ETF (SCHJ). 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.
| SBND | SCHJ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.30 | ||
| Sortino ratioReturn per unit of downside risk | -0.45 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.35 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | 2.18 | 2.44 | -0.25 |
| Martin ratioReturn relative to average drawdown | 9.00 | 9.17 | -0.17 |
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Drawdowns
SBND vs. SCHJ - Drawdown Comparison
The maximum SBND drawdown since its inception was -10.78%, smaller than the maximum SCHJ drawdown of -13.62%. Use the drawdown chart below to compare losses from any high point for SBND and SCHJ.
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Drawdown Indicators
| SBND | SCHJ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -10.78% | -13.62% | +2.84% |
Max Drawdown (1Y)Largest decline over 1 year | -1.71% | -1.47% | -0.24% |
Max Drawdown (3Y)Largest decline over 3 years | -1.71% | -1.47% | -0.24% |
Max Drawdown (5Y)Largest decline over 5 years | — | -9.43% | — |
Current DrawdownCurrent decline from peak | -0.40% | -0.33% | -0.07% |
Average DrawdownAverage peak-to-trough decline | -2.78% | -1.85% | -0.93% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.41% | 0.39% | +0.02% |
Volatility
SBND vs. SCHJ - Volatility Comparison
Columbia Short Duration Bond ETF (SBND) has a higher volatility of 0.56% compared to Schwab 1-5 Year Corporate Bond ETF (SCHJ) at 0.53%. This indicates that SBND's price experiences larger fluctuations and is considered to be riskier than SCHJ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SBND | SCHJ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.56% | 0.53% | +0.03% |
Volatility (6M)Calculated over the trailing 6-month period | 1.75% | 1.53% | +0.22% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.40% | 1.93% | +0.47% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.57% | 2.95% | +0.62% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.57% | 4.10% | -0.53% |
SBND vs. SCHJ - Expense Ratio Comparison
SBND has a 0.25% expense ratio, which is higher than SCHJ'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
SBND vs. SCHJ - Dividend Comparison
SBND's dividend yield for the trailing twelve months is around 4.52%, which matches SCHJ's 4.50% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
SBND Columbia Short Duration Bond ETF | 4.10% | 4.65% | 4.58% | 3.90% | 2.80% | 0.43% | 0.00% | 0.00% |
SCHJ Schwab 1-5 Year Corporate Bond ETF | 4.09% | 4.42% | 4.00% | 2.98% | 1.64% | 0.94% | 2.54% | 0.42% |
Frequently Asked Questions
SBND and SCHJ have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SBND has higher volatility (0.56%) compared to SCHJ (0.53%). In terms of maximum drawdown, SBND dropped -10.78% vs SCHJ's -13.62%.
On 3-year performance, SBND leads with 5.86% vs 5.46% for SCHJ. On fees, SCHJ is cheaper at 0.03% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, SBND has performed better with a 5.86% return vs 5.46%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
SCHJ is cheaper with a 0.03% expense ratio, compared with 0.25% for SBND.
SBND has the higher dividend yield at 4.10%, compared with 4.09% for SCHJ.
SBND tracks Bloomberg Beta Advantage Short Term Bond (-300%), while SCHJ tracks Bloomberg US 1-5 Year Corporate Bond Index. They also come from different issuers: Columbia and Charles Schwab. Their fees differ too: 0.25% for SBND and 0.03% for SCHJ.
SCHJ currently has the higher Sharpe Ratio (1.86 vs 1.56), 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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