SCHJ vs. SCHI
SCHJ (Schwab 1-5 Year Corporate Bond ETF) and SCHI (Schwab 5-10 Year Corporate Bond ETF) are both Corporate Bonds funds from Charles Schwab - SCHJ tracks the Bloomberg US Corporate (1-5 Y) while SCHI tracks the Bloomberg US 5-10 Year Corporate Bond Index. Both are passively managed. Over the past 5 years, SCHJ returned 2.34%/yr vs 1.17%/yr for SCHI. Their correlation of 0.87 suggests significant overlap in exposure. SCHJ charges 0.05%/yr vs 0.03%/yr for SCHI.
Performance
SCHJ vs. SCHI - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SCHJ achieves a 0.56% return, which is significantly higher than SCHI's 0.24% return.
SCHJ
- 1D
- -0.16%
- 1M
- 0.17%
- YTD
- 0.56%
- 6M
- 0.76%
- 1Y
- 4.18%
- 3Y*
- 5.55%
- 5Y*
- 2.34%
- 10Y*
- —
SCHI
- 1D
- -0.18%
- 1M
- 0.54%
- YTD
- 0.24%
- 6M
- 0.41%
- 1Y
- 5.43%
- 3Y*
- 6.10%
- 5Y*
- 1.17%
- 10Y*
- —
SCHJ vs. SCHI - 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% |
SCHI Schwab 5-10 Year Corporate Bond ETF | 0.24% | 9.47% | 3.32% | 8.97% | -14.06% | -1.85% | 9.74% | 0.83% |
Correlation
The correlation between SCHJ and SCHI is 0.90, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.90 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.88 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.89 |
Correlation (All Time) Calculated using the full available price history since Oct 10, 2019 | 0.87 |
The correlation between SCHJ and SCHI has been stable across timeframes, ranging from 0.87 to 0.90 - a consistent structural relationship.
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
SCHJ vs. SCHI — Risk / Return Rank
SCHJ
SCHI
SCHJ vs. SCHI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab 1-5 Year Corporate Bond ETF (SCHJ) 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.
| SCHJ | SCHI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.87 | ||
| Sortino ratioReturn per unit of downside risk | +1.40 | ||
| Omega ratioGain probability vs. loss probability | 1.43 | 1.23 | +0.20 |
| Calmar ratioReturn relative to maximum drawdown | 2.85 | 1.81 | +1.04 |
| Martin ratioReturn relative to average drawdown | 11.02 | 5.83 | +5.19 |
Loading charts...
Drawdowns
SCHJ vs. SCHI - Drawdown Comparison
The maximum SCHJ drawdown since its inception was -13.62%, smaller than the maximum SCHI drawdown of -20.67%. Use the drawdown chart below to compare losses from any high point for SCHJ and SCHI.
Loading charts...
Drawdown Indicators
| SCHJ | SCHI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -13.62% | -20.67% | +7.05% |
Max Drawdown (1Y)Largest decline over 1 year | -1.47% | -3.01% | +1.54% |
Max Drawdown (3Y)Largest decline over 3 years | -1.47% | -6.14% | +4.67% |
Max Drawdown (5Y)Largest decline over 5 years | -9.43% | -20.67% | +11.24% |
Current DrawdownCurrent decline from peak | -0.45% | -1.32% | +0.87% |
Average DrawdownAverage peak-to-trough decline | -1.87% | -5.68% | +3.81% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.38% | 0.93% | -0.55% |
Volatility
SCHJ vs. SCHI - Volatility Comparison
The current volatility for Schwab 1-5 Year Corporate Bond ETF (SCHJ) is 0.68%, while Schwab 5-10 Year Corporate Bond ETF (SCHI) has a volatility of 1.25%. This indicates that SCHJ experiences smaller price fluctuations and is considered to be less risky than SCHI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SCHJ | SCHI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.68% | 1.25% | -0.57% |
Volatility (6M)Calculated over the trailing 6-month period | 1.46% | 3.21% | -1.75% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.92% | 4.14% | -2.22% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.95% | 6.67% | -3.72% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.12% | 7.38% | -3.26% |
SCHJ vs. SCHI - Expense Ratio Comparison
SCHJ has a 0.05% expense ratio, which is higher than SCHI'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
SCHJ vs. SCHI - Dividend Comparison
SCHJ's dividend yield for the trailing twelve months is around 4.50%, less than SCHI's 5.05% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
SCHI Schwab 5-10 Year Corporate Bond ETF | 5.05% | 4.99% | 5.11% | 4.27% | 3.10% | 1.93% | 2.31% | 0.53% |
SCHJ Schwab 1-5 Year Corporate Bond ETF | 4.50% | 4.42% | 4.00% | 2.98% | 1.64% | 0.94% | 2.54% | 0.42% |
Frequently Asked Questions
SCHJ and SCHI have a correlation of 0.90, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SCHI has higher volatility (1.25%) compared to SCHJ (0.68%). In terms of maximum drawdown, SCHJ dropped -13.62% vs SCHI's -20.67%.
On 5-year performance, SCHJ leads with 2.34% vs 1.17% for SCHI. On fees, SCHI is cheaper at 0.03% per year. On volatility, SCHJ has been the lower-risk option at 0.68%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, SCHJ has performed better with a 2.34% return vs 1.17%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
SCHI is cheaper with a 0.03% expense ratio, compared with 0.05% for SCHJ.
SCHI has the higher dividend yield at 5.05%, compared with 4.50% for SCHJ.
SCHJ tracks Bloomberg US Corporate (1-5 Y), while SCHI tracks Bloomberg US 5-10 Year Corporate Bond Index. Their fees differ too: 0.05% for SCHJ and 0.03% for SCHI.
SCHJ currently has the higher Sharpe Ratio (2.19 vs 1.32), 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 SCHJ 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