SCHJ vs. BSCQ

Last updated Jun 4, 2026

SCHJ (Schwab 1-5 Year Corporate Bond ETF) and BSCQ (Invesco BulletShares 2026 Corporate Bond ETF) are both Corporate Bonds funds - SCHJ tracks the Bloomberg US Corporate (1-5 Y) while BSCQ tracks the NASDAQ BulletShares USD Corporate Bond 2026 Index. Both are passively managed. Over the past 5 years, SCHJ returned 2.31%/yr vs 1.47%/yr for BSCQ. A 0.76 correlation means they provide meaningful diversification when combined. SCHJ charges 0.05%/yr vs 0.10%/yr for BSCQ.

Performance

SCHJ vs. BSCQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Schwab 1-5 Year Corporate Bond ETF (SCHJ) and Invesco BulletShares 2026 Corporate Bond ETF (BSCQ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SCHJ achieves a 0.56% return, which is significantly lower than BSCQ's 1.55% return.

SCHJ

• 1D: -0.08%
• 1M: 0.13%
• YTD: 0.56%
• 6M: 0.86%
• 1Y: 4.52%
• 3Y*: 5.49%
• 5Y*: 2.31%
• 10Y*: —

BSCQ

• 1D: 0.08%
• 1M: 0.34%
• YTD: 1.55%
• 6M: 1.92%
• 1Y: 4.41%
• 3Y*: 5.06%
• 5Y*: 1.47%
• 10Y*: —

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

SCHJ vs. BSCQ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
SCHJ Schwab 1-5 Year Corporate Bond ETF	0.56%	6.80%	4.89%	6.36%	-5.73%	-0.67%	5.30%	0.61%
BSCQ Invesco BulletShares 2026 Corporate Bond ETF	1.55%	5.02%	4.86%	5.71%	-8.31%	-1.68%	9.41%	1.02%

Correlation

The correlation between SCHJ and BSCQ is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.14
Correlation (3Y) Calculated over the trailing 3-year period	0.68
Correlation (5Y) Calculated over the trailing 5-year period	0.80
Correlation (All Time) Calculated using the full available price history since Oct 11, 2019	0.76

Over the past year, the correlation between SCHJ and BSCQ has dropped to 0.14 - well below their long-term average of 0.76, suggesting their price drivers have been diverging.

SCHJ vs. BSCQ - Sectors Allocation Comparison

Sectors	SCHJ	BSCQ
Financial Services	30.8%	32.7%
Technology	8.3%	10.8%
Healthcare	7.9%	7.4%
Industrials	7.2%	6.0%
Consumer Cyclical	6.8%	6.1%
Utilities	6.4%	3.5%
Consumer Defensive	4.6%	3.9%
Communication Services	4.3%	1.5%
Real Estate	4.1%	2.9%
Energy	4.0%	3.0%
Basic Materials	1.4%	0.5%

Return for Risk

SCHJ vs. BSCQ — Risk / Return Rank

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

SCHJ

SCHJ Risk / Return Rank: 72
SCHJ Sharpe Ratio Rank: 73
SCHJ Sortino Ratio Rank: 83
SCHJ Omega Ratio Rank: 79
SCHJ Calmar Ratio Rank: 61
SCHJ Martin Ratio Rank: 66

BSCQ

BSCQ Risk / Return Rank: 99
BSCQ Sharpe Ratio Rank: 99
BSCQ Sortino Ratio Rank: 99
BSCQ Omega Ratio Rank: 99
BSCQ Calmar Ratio Rank: 99
BSCQ Martin Ratio Rank: 99

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.

SCHJ vs. BSCQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Schwab 1-5 Year Corporate Bond ETF (SCHJ) and Invesco BulletShares 2026 Corporate Bond ETF (BSCQ). 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.

	SCHJ	BSCQ	Difference
Sharpe ratio: Return per unit of total volatility	2.42	7.06	-4.63
Sortino ratio: Return per unit of downside risk	3.78	15.22	-11.44
Omega ratio: Gain probability vs. loss probability	1.48	3.45	-1.97
Calmar ratio: Return relative to maximum drawdown	3.08	43.24	-40.16
Martin ratio: Return relative to average drawdown	12.17	179.65	-167.48
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SCHJ vs. BSCQ - Sharpe Ratio Comparison

The current SCHJ Sharpe Ratio is 2.42, which is lower than the BSCQ Sharpe Ratio of 7.06. The chart below compares the historical Sharpe Ratios of SCHJ and BSCQ, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	SCHJ	BSCQ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.42	7.06	-4.63
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.79	0.45	+0.34
Sharpe Ratio (All Time) Calculated using the full available price history	0.64	0.60	+0.04

Drawdowns

SCHJ vs. BSCQ - Drawdown Comparison

The maximum SCHJ drawdown since its inception was -13.62%, smaller than the maximum BSCQ drawdown of -16.50%. Use the drawdown chart below to compare losses from any high point for SCHJ and BSCQ.

Drawdown Indicators

	SCHJ	BSCQ	Difference
Max Drawdown Largest peak-to-trough decline	-13.62%	-16.50%	+2.88%
Max Drawdown (1Y) Largest decline over 1 year	-1.47%	-0.10%	-1.37%
Max Drawdown (3Y) Largest decline over 3 years	-1.47%	-1.13%	-0.34%
Max Drawdown (5Y) Largest decline over 5 years	-9.43%	-13.02%	+3.59%
Current Drawdown Current decline from peak	-0.45%	0.00%	-0.45%
Average Drawdown Average peak-to-trough decline	-1.88%	-2.85%	+0.97%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.37%	0.02%	+0.35%

Volatility

SCHJ vs. BSCQ - Volatility Comparison

Schwab 1-5 Year Corporate Bond ETF (SCHJ) has a higher volatility of 0.55% compared to Invesco BulletShares 2026 Corporate Bond ETF (BSCQ) at 0.17%. This indicates that SCHJ's price experiences larger fluctuations and is considered to be riskier than BSCQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SCHJ	BSCQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.55%	0.17%	+0.38%
Volatility (6M) Calculated over the trailing 6-month period	1.35%	0.43%	+0.92%
Volatility (1Y) Calculated over the trailing 1-year period	1.87%	0.63%	+1.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.94%	3.30%	-0.36%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.13%	4.77%	-0.64%

SCHJ vs. BSCQ - Expense Ratio Comparison

SCHJ has a 0.05% expense ratio, which is lower than BSCQ's 0.10% 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

SCHJ vs. BSCQ - Dividend Comparison

SCHJ's dividend yield for the trailing twelve months is around 4.50%, more than BSCQ's 4.12% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
BSCQ Invesco BulletShares 2026 Corporate Bond ETF	4.12%	4.14%	4.05%	3.53%	2.54%	1.91%	2.42%	2.96%	3.32%	2.92%	0.51%
SCHJ Schwab 1-5 Year Corporate Bond ETF	4.50%	4.42%	4.00%	2.98%	1.64%	0.94%	2.54%	0.42%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both SCHJ and BSCQ in my portfolio?

SCHJ and BSCQ have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SCHJ or BSCQ?

SCHJ has higher volatility (0.55%) compared to BSCQ (0.17%). In terms of maximum drawdown, SCHJ dropped -13.62% vs BSCQ's -16.50%.

Which ETF is better, SCHJ or BSCQ?

On 5-year performance, SCHJ leads with 2.31% vs 1.47% for BSCQ. On fees, SCHJ is cheaper at 0.05% per year. On volatility, BSCQ has been the lower-risk option at 0.17%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SCHJ or BSCQ?

Over the 5-year period, SCHJ has performed better with a 2.31% return vs 1.47%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SCHJ or BSCQ?

SCHJ is cheaper with a 0.05% expense ratio, compared with 0.10% for BSCQ.

Which ETF pays a higher dividend yield, SCHJ or BSCQ?

SCHJ has the higher dividend yield at 4.50%, compared with 4.12% for BSCQ.

What is the main difference between SCHJ and BSCQ?

SCHJ tracks Bloomberg US Corporate (1-5 Y), while BSCQ tracks NASDAQ BulletShares USD Corporate Bond 2026 Index. They also come from different issuers: Charles Schwab and Invesco. Their fees differ too: 0.05% for SCHJ and 0.10% for BSCQ.

Which has better risk-adjusted returns?

BSCQ currently has the higher Sharpe Ratio (7.06 vs 2.42), 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.