SCHB vs. SCHI
SCHB (Schwab U.S. Broad Market ETF) and SCHI (Schwab 5-10 Year Corporate Bond ETF) are both exchange-traded funds - SCHB is a Large Cap Blend Equities fund tracking the Dow Jones U.S. Broad Stock Market 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, SCHB returned 11.90%/yr vs 1.30%/yr for SCHI. At a 0.28 correlation, their price movements are largely independent. Both charge a 0.03% expense ratio.
Performance
SCHB vs. SCHI - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SCHB achieves a 8.93% return, which is significantly higher than SCHI's 0.82% return.
SCHB
- 1D
- 0.07%
- 1M
- -1.50%
- YTD
- 8.93%
- 6M
- 7.50%
- 1Y
- 22.90%
- 3Y*
- 20.79%
- 5Y*
- 11.90%
- 10Y*
- 15.36%
SCHI
- 1D
- 0.13%
- 1M
- 0.72%
- YTD
- 0.82%
- 6M
- 0.64%
- 1Y
- 5.33%
- 3Y*
- 6.23%
- 5Y*
- 1.30%
- 10Y*
- —
SCHB vs. SCHI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
SCHB Schwab U.S. Broad Market ETF | 8.93% | 16.94% | 23.93% | 26.16% | -19.46% | 25.84% | 20.76% | 11.09% |
SCHI Schwab 5-10 Year Corporate Bond ETF | 0.82% | 9.47% | 3.32% | 8.97% | -14.06% | -1.85% | 9.74% | 0.83% |
Correlation
The correlation between SCHB and SCHI is 0.43, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.43 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.33 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.30 |
Correlation (All Time) Calculated using the full available price history since Oct 10, 2019 | 0.28 |
The correlation between SCHB and SCHI shifts across timeframes, from 0.28 (all time) to 0.43 (1 year), reflecting how their relationship changes across market environments.
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
SCHB vs. SCHI — Risk / Return Rank
SCHB
SCHI
SCHB vs. SCHI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab U.S. Broad Market ETF (SCHB) 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.
| SCHB | SCHI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.50 | ||
| Sortino ratioReturn per unit of downside risk | +0.54 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.23 | +0.10 |
| Calmar ratioReturn relative to maximum drawdown | 2.58 | 1.78 | +0.80 |
| Martin ratioReturn relative to average drawdown | 11.35 | 5.69 | +5.66 |
Loading charts...
Drawdowns
SCHB vs. SCHI - Drawdown Comparison
The maximum SCHB drawdown since its inception was -35.27%, which is greater than SCHI's maximum drawdown of -20.67%. Use the drawdown chart below to compare losses from any high point for SCHB and SCHI.
Loading charts...
Drawdown Indicators
| SCHB | SCHI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.27% | -20.67% | -14.60% |
Max Drawdown (1Y)Largest decline over 1 year | -8.91% | -3.01% | -5.90% |
Max Drawdown (3Y)Largest decline over 3 years | -19.34% | -6.14% | -13.20% |
Max Drawdown (5Y)Largest decline over 5 years | -25.41% | -20.67% | -4.74% |
Max Drawdown (10Y)Largest decline over 10 years | -35.27% | — | — |
Current DrawdownCurrent decline from peak | -2.81% | -0.75% | -2.06% |
Average DrawdownAverage peak-to-trough decline | -4.11% | -5.67% | +1.56% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.02% | 0.94% | +1.08% |
Volatility
SCHB vs. SCHI - Volatility Comparison
Schwab U.S. Broad Market ETF (SCHB) has a higher volatility of 4.92% compared to Schwab 5-10 Year Corporate Bond ETF (SCHI) at 1.23%. This indicates that SCHB'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.
Loading charts...
Volatility by Period
| SCHB | SCHI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.92% | 1.23% | +3.69% |
Volatility (6M)Calculated over the trailing 6-month period | 10.04% | 3.21% | +6.83% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.76% | 4.12% | +8.64% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.35% | 6.67% | +10.68% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.33% | 7.38% | +10.95% |
SCHB vs. SCHI - Expense Ratio Comparison
Both SCHB and SCHI have an expense ratio of 0.03%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
SCHB vs. SCHI - Dividend Comparison
SCHB's dividend yield for the trailing twelve months is around 1.06%, less than SCHI's 5.02% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SCHB Schwab U.S. Broad Market ETF | 1.06% | 1.11% | 1.24% | 1.40% | 1.61% | 1.21% | 1.63% | 1.80% | 2.00% | 1.65% | 1.86% | 2.00% |
SCHI Schwab 5-10 Year Corporate Bond ETF | 5.02% | 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
SCHB and SCHI have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SCHB has higher volatility (4.92%) compared to SCHI (1.23%). In terms of maximum drawdown, SCHB dropped -35.27% vs SCHI's -20.67%.
On 5-year performance, SCHB leads with 11.90% vs 1.30% for SCHI. Both ETFs have the same 0.03% expense ratio. On volatility, SCHI has been the lower-risk option at 1.23%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, SCHB has performed better with a 11.90% return vs 1.30%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
SCHB and SCHI have the same expense ratio: 0.03% per year.
SCHI has the higher dividend yield at 5.02%, compared with 1.06% for SCHB.
SCHB is categorized as Large Cap Blend Equities, while SCHI is Corporate Bonds. SCHB tracks Dow Jones U.S. Broad Stock Market Index, while SCHI tracks Bloomberg US 5-10 Year Corporate Bond Index.
SCHB currently has the higher Sharpe Ratio (1.80 vs 1.30), 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 SCHB and SCHI
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