SCHJ vs. STIP
Compare and contrast key facts about Schwab 1-5 Year Corporate Bond ETF (SCHJ) and iShares 0-5 Year TIPS Bond ETF (STIP).
SCHJ and STIP are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SCHJ is a passively managed fund by Charles Schwab that tracks the performance of the Bloomberg US Corporate (1-5 Y). It was launched on Oct 10, 2019. STIP is a passively managed fund by iShares that tracks the performance of the Barclays Capital U.S. Treasury Inflation-Protected Securities (TIPS) 0-5 Years Index (Series-L). It was launched on Dec 1, 2010. Both SCHJ and STIP are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SCHJ or STIP.
Key characteristics
| SCHJ | STIP | |
|---|---|---|
| YTD Return | 5.76% | 4.62% |
| 1Y Return | 9.93% | 6.65% |
| 3Y Return (Ann) | 2.78% | 2.08% |
| 5Y Return (Ann) | 3.07% | 3.54% |
| Sharpe Ratio | 3.56 | 3.09 |
| Sortino Ratio | 6.13 | 5.15 |
| Omega Ratio | 1.79 | 1.68 |
| Calmar Ratio | 0.10 | 3.65 |
| Martin Ratio | 25.70 | 25.30 |
| Ulcer Index | 0.38% | 0.25% |
| Daily Std Dev | 2.71% | 2.07% |
| Max Drawdown | -100.00% | -5.50% |
| Current Drawdown | -100.00% | -0.41% |
Correlation
The correlation between SCHJ and STIP is 0.55, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
SCHJ vs. STIP - Performance Comparison
In the year-to-date period, SCHJ achieves a 5.76% return, which is significantly higher than STIP's 4.62% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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SCHJ vs. STIP - Expense Ratio Comparison
SCHJ has a 0.05% expense ratio, which is lower than STIP's 0.06% 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%.
Risk-Adjusted Performance
SCHJ vs. STIP - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab 1-5 Year Corporate Bond ETF (SCHJ) and iShares 0-5 Year TIPS Bond ETF (STIP). 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.
Dividends
SCHJ vs. STIP - Dividend Comparison
SCHJ's dividend yield for the trailing twelve months is around 5.17%, more than STIP's 2.45% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SCHJ Schwab 1-5 Year Corporate Bond ETF | 5.17% | 4.94% | 2.28% | 1.50% | 3.25% | 0.67% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
STIP iShares 0-5 Year TIPS Bond ETF | 2.45% | 2.84% | 6.04% | 4.15% | 1.40% | 2.06% | 2.43% | 1.59% | 0.89% | 0.00% | 0.75% | 0.31% |
Drawdowns
SCHJ vs. STIP - Drawdown Comparison
The maximum SCHJ drawdown since its inception was -100.00%, which is greater than STIP's maximum drawdown of -5.50%. Use the drawdown chart below to compare losses from any high point for SCHJ and STIP. For additional features, visit the drawdowns tool.
Volatility
SCHJ vs. STIP - Volatility Comparison
Schwab 1-5 Year Corporate Bond ETF (SCHJ) has a higher volatility of 0.63% compared to iShares 0-5 Year TIPS Bond ETF (STIP) at 0.45%. This indicates that SCHJ's price experiences larger fluctuations and is considered to be riskier than STIP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.