SCHB vs. SCHY

Last updated Jun 26, 2026

SCHB (Schwab U.S. Broad Market ETF) and SCHY (Schwab International Dividend Equity 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 SCHY is a Dividend fund tracking the Dow Jones International Dividend 100 Index. Both are passively managed. Over the past 5 years, SCHB returned 11.90%/yr vs 8.13%/yr for SCHY. A 0.62 correlation means they provide meaningful diversification when combined. SCHB charges 0.03%/yr vs 0.08%/yr for SCHY.

Performance

SCHB vs. SCHY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Schwab U.S. Broad Market ETF (SCHB) and Schwab International Dividend Equity ETF (SCHY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SCHB achieves a 8.93% return, which is significantly higher than SCHY's 8.01% 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%

SCHY

• 1D: 0.76%
• 1M: -1.39%
• YTD: 8.01%
• 6M: 7.61%
• 1Y: 22.21%
• 3Y*: 14.92%
• 5Y*: 8.13%
• 10Y*: —

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

SCHB vs. SCHY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
SCHB Schwab U.S. Broad Market ETF	8.93%	16.94%	23.93%	26.16%	-19.46%	11.96%
SCHY Schwab International Dividend Equity ETF	8.01%	33.98%	-1.79%	14.27%	-9.43%	3.42%

Correlation

The correlation between SCHB and SCHY is 0.51, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.51
Correlation (3Y) Calculated over the trailing 3-year period	0.53
Correlation (5Y) Calculated over the trailing 5-year period	0.62
Correlation (All Time) Calculated using the full available price history since Apr 29, 2021	0.62

The correlation between SCHB and SCHY shifts across timeframes, from 0.51 (1 year) to 0.62 (all time), reflecting how their relationship changes across market environments.

SCHB vs. SCHY - Sectors Allocation Comparison

Sectors	SCHB	SCHY
Technology	37.3%	3.6%
Financial Services	11.4%	15.9%
Communication Services	9.8%	15.0%
Consumer Cyclical	9.8%	7.8%
Industrials	9.1%	13.0%
Healthcare	8.8%	7.4%
Consumer Defensive	4.3%	14.4%
Energy	3.3%	9.6%
Real Estate	2.3%	0.8%
Utilities	2.1%	6.8%
Basic Materials	1.9%	5.8%

Return for Risk

SCHB vs. SCHY — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SCHB

SCHB Risk / Return Rank: 64
SCHB Sharpe Ratio Rank: 63
SCHB Sortino Ratio Rank: 61
SCHB Omega Ratio Rank: 62
SCHB Calmar Ratio Rank: 61
SCHB Martin Ratio Rank: 71

SCHY

SCHY Risk / Return Rank: 60
SCHY Sharpe Ratio Rank: 66
SCHY Sortino Ratio Rank: 64
SCHY Omega Ratio Rank: 63
SCHY Calmar Ratio Rank: 58
SCHY Martin Ratio Rank: 49

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SCHB vs. SCHY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Schwab U.S. Broad Market ETF (SCHB) and Schwab International Dividend Equity ETF (SCHY). 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	SCHY	Difference
Sharpe ratio: Return per unit of total volatility	1.80	1.85	-0.05
Sortino ratio: Return per unit of downside risk	2.46	2.55	-0.08
Omega ratio: Gain probability vs. loss probability	1.33	1.33	0.00
Calmar ratio: Return relative to maximum drawdown	2.58	2.45	+0.13
Martin ratio: Return relative to average drawdown	11.35	7.30	+4.05

SCHB vs. SCHY - Sharpe Ratio Comparison

The current SCHB Sharpe Ratio is 1.80, which is comparable to the SCHY Sharpe Ratio of 1.85. The chart below compares the historical Sharpe Ratios of SCHB and SCHY, 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

SCHB vs. SCHY - Drawdown Comparison

The maximum SCHB drawdown since its inception was -35.27%, which is greater than SCHY's maximum drawdown of -24.04%. Use the drawdown chart below to compare losses from any high point for SCHB and SCHY.

Drawdown Indicators

	SCHB	SCHY	Difference
Max Drawdown Largest peak-to-trough decline	-35.27%	-24.04%	-11.23%
Max Drawdown (1Y) Largest decline over 1 year	-8.91%	-9.11%	+0.20%
Max Drawdown (3Y) Largest decline over 3 years	-19.34%	-12.16%	-7.18%
Max Drawdown (5Y) Largest decline over 5 years	-25.41%	-24.04%	-1.37%
Max Drawdown (10Y) Largest decline over 10 years	-35.27%	—	—
Current Drawdown Current decline from peak	-2.81%	-5.07%	+2.26%
Average Drawdown Average peak-to-trough decline	-4.11%	-4.96%	+0.85%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.02%	3.05%	-1.03%

Volatility

SCHB vs. SCHY - Volatility Comparison

Schwab U.S. Broad Market ETF (SCHB) has a higher volatility of 4.92% compared to Schwab International Dividend Equity ETF (SCHY) at 3.31%. This indicates that SCHB's price experiences larger fluctuations and is considered to be riskier than SCHY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SCHB	SCHY	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.92%	3.31%	+1.61%
Volatility (6M) Calculated over the trailing 6-month period	10.04%	10.09%	-0.05%
Volatility (1Y) Calculated over the trailing 1-year period	12.76%	12.07%	+0.69%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.35%	13.27%	+4.08%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.33%	13.22%	+5.11%

SCHB vs. SCHY - Expense Ratio Comparison

SCHB has a 0.03% expense ratio, which is lower than SCHY's 0.08% 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

SCHB vs. SCHY - Dividend Comparison

SCHB's dividend yield for the trailing twelve months is around 1.06%, less than SCHY's 3.50% 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%
SCHY Schwab International Dividend Equity ETF	3.50%	3.55%	4.64%	3.97%	3.67%	1.73%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both SCHB and SCHY in my portfolio?

SCHB and SCHY have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SCHB or SCHY?

SCHB has higher volatility (4.92%) compared to SCHY (3.31%). In terms of maximum drawdown, SCHB dropped -35.27% vs SCHY's -24.04%.

Which ETF is better, SCHB or SCHY?

On 5-year performance, SCHB leads with 11.90% vs 8.13% for SCHY. On fees, SCHB is cheaper at 0.03% per year. On volatility, SCHY has been the lower-risk option at 3.31%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SCHB or SCHY?

Over the 5-year period, SCHB has performed better with a 11.90% return vs 8.13%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SCHB or SCHY?

SCHB is cheaper with a 0.03% expense ratio, compared with 0.08% for SCHY.

Which ETF pays a higher dividend yield, SCHB or SCHY?

SCHY has the higher dividend yield at 3.50%, compared with 1.06% for SCHB.

What is the main difference between SCHB and SCHY?

SCHB is categorized as Large Cap Blend Equities, while SCHY is Dividend. SCHB tracks Dow Jones U.S. Broad Stock Market Index, while SCHY tracks Dow Jones International Dividend 100 Index. Their fees differ too: 0.03% for SCHB and 0.08% for SCHY.

Which has better risk-adjusted returns?

SCHY currently has the higher Sharpe Ratio (1.85 vs 1.80), 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.