SCCR vs. AFIX

Last updated Aug 2, 2026

SCCR (Schwab Core Bond ETF) and AFIX (Allspring Broad Market Core Bond ETF) are both Intermediate Core Bond funds. Both are actively managed. Over the past year, SCCR returned 2.35% vs 2.06% for AFIX. Their correlation of 0.93 means they have usually moved in the same direction. SCCR charges 0.16%/yr vs 0.20%/yr for AFIX.

Performance

SCCR vs. AFIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Schwab Core Bond ETF (SCCR) and Allspring Broad Market Core Bond ETF (AFIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SCCR achieves a -0.67% return, which is significantly lower than AFIX's -0.53% return.

SCCR

• 1D: -0.35%
• 1M: -1.40%
• 6M: -0.79%
• YTD: -0.67%
• 1Y: 2.35%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 4.20%

AFIX

• 1D: -0.39%
• 1M: -1.28%
• 6M: -0.90%
• YTD: -0.53%
• 1Y: 2.06%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 3.17%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
AFIX Allspring Broad Market Core Bond ETF	$424.05K	$1.23M	$562.83K
SCCR Schwab Core Bond ETF	$6.54M	$6.13M	$7.30M

SCCR vs. AFIX - Yearly Performance Comparison

	2026 (YTD)	2025
SCCR Schwab Core Bond ETF	-0.67%	7.00%
AFIX Allspring Broad Market Core Bond ETF	-0.53%	6.78%

Correlation

The correlation between SCCR and AFIX is 0.94, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.94
Correlation (All Time) Calculated using the full available price history since Feb 5, 2025	0.93

The correlation between SCCR and AFIX has been stable across timeframes, ranging from 0.93 to 0.94 - a consistent structural relationship.

Return for Risk

SCCR vs. AFIX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

SCCR

SCCR Risk / Return Rank: 30
SCCR Sharpe Ratio Rank: 32
SCCR Sortino Ratio Rank: 30
SCCR Omega Ratio Rank: 28
SCCR Calmar Ratio Rank: 32
SCCR Martin Ratio Rank: 29

AFIX

AFIX Risk / Return Rank: 29
AFIX Sharpe Ratio Rank: 31
AFIX Sortino Ratio Rank: 29
AFIX Omega Ratio Rank: 27
AFIX Calmar Ratio Rank: 29
AFIX Martin Ratio Rank: 28

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

SCCR vs. AFIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Schwab Core Bond ETF (SCCR) and Allspring Broad Market Core Bond ETF (AFIX). 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.

	SCCR	AFIX	Difference
Sharpe ratio: Return per unit of total volatility	0.80	0.74	+0.06
Sortino ratio: Return per unit of downside risk	1.17	1.10	+0.08
Omega ratio: Gain probability vs. loss probability	1.14	1.13	+0.01
Calmar ratio: Return relative to maximum drawdown	1.06	0.95	+0.10
Martin ratio: Return relative to average drawdown	2.62	2.39	+0.23

SCCR vs. AFIX - Sharpe Ratio Comparison

The current SCCR Sharpe Ratio is 0.80, which is comparable to the AFIX Sharpe Ratio of 0.74. The chart below compares the historical Sharpe Ratios of SCCR and AFIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

SCCR vs. AFIX - Drawdown Comparison

The maximum SCCR drawdown since its inception was -2.81%, smaller than the maximum AFIX drawdown of -3.33%. Use the drawdown chart below to compare losses from any high point for SCCR and AFIX.

Drawdown Indicators

	SCCR	AFIX	Difference
Max Drawdown Largest peak-to-trough decline	-2.81%	-3.33%	+0.52%
Max Drawdown (1Y) Largest decline over 1 year	-2.81%	-3.10%	+0.29%
Current Drawdown Current decline from peak	-2.53%	-2.70%	+0.17%
Average Drawdown Average peak-to-trough decline	-0.85%	-1.04%	+0.19%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.13%	1.23%	-0.10%

Volatility

SCCR vs. AFIX - Volatility Comparison

The current volatility for Schwab Core Bond ETF (SCCR) is 1.07%, while Allspring Broad Market Core Bond ETF (AFIX) has a volatility of 1.19%. This indicates that SCCR experiences smaller price fluctuations and is considered to be less risky than AFIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SCCR	AFIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.07%	1.19%	-0.12%
Volatility (6M) Calculated over the trailing 6-month period	2.96%	3.17%	-0.21%
Volatility (1Y) Calculated over the trailing 1-year period	3.70%	3.97%	-0.27%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.34%	4.53%	-0.19%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.34%	4.53%	-0.19%

SCCR vs. AFIX - Expense Ratio Comparison

SCCR has a 0.16% expense ratio, which is lower than AFIX's 0.20% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

SCCR vs. AFIX - Dividend Comparison

SCCR's dividend yield for the trailing twelve months is around 4.72%, less than AFIX's 5.18% yield.

Position	TTM	2025	2024
AFIX Allspring Broad Market Core Bond ETF	5.18%	4.94%	0.38%
SCCR Schwab Core Bond ETF	4.30%	3.91%	0.00%

Frequently Asked Questions

Can I hold both SCCR and AFIX in my portfolio?

With a correlation of 0.94, SCCR and AFIX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, SCCR or AFIX?

AFIX has higher volatility (1.19%) compared to SCCR (1.07%). In terms of maximum drawdown, SCCR dropped -2.81% vs AFIX's -3.33%.

Which ETF is better, SCCR or AFIX?

On 1-year performance, SCCR leads with 2.35% vs 2.06% for AFIX. On fees, SCCR is cheaper at 0.16% per year. On volatility, SCCR has been the lower-risk option at 1.07%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SCCR or AFIX?

Over the 1-year period, SCCR has performed better with a 2.35% return vs 2.06%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SCCR or AFIX?

SCCR is cheaper with a 0.16% expense ratio, compared with 0.20% for AFIX.

Which ETF pays a higher dividend yield, SCCR or AFIX?

AFIX has the higher dividend yield at 5.18%, compared with 4.30% for SCCR.

What is the main difference between SCCR and AFIX?

They also come from different issuers: Charles Schwab and Allspring. Their fees differ too: 0.16% for SCCR and 0.20% for AFIX.

Which has better risk-adjusted returns?

SCCR currently has the higher Sharpe Ratio (0.80 vs 0.74), 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.