SCHJ vs. TNHIX
Compare and contrast key facts about Schwab 1-5 Year Corporate Bond ETF (SCHJ) and 1290 High Yield Bond Fund (TNHIX).
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. TNHIX is managed by 1290 Funds. It was launched on Nov 12, 2014.
Performance
SCHJ vs. TNHIX - Performance Comparison
Loading graphics...
SCHJ vs. TNHIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
SCHJ Schwab 1-5 Year Corporate Bond ETF | 0.07% | 6.80% | 4.89% | 6.36% | -5.73% | -0.67% | 5.30% | 0.61% |
TNHIX 1290 High Yield Bond Fund | -1.42% | 8.03% | 8.13% | 11.51% | -9.91% | 4.08% | 7.06% | 2.84% |
Returns By Period
In the year-to-date period, SCHJ achieves a 0.07% return, which is significantly higher than TNHIX's -1.42% return.
SCHJ
- 1D
- 0.26%
- 1M
- -0.93%
- YTD
- 0.07%
- 6M
- 1.35%
- 1Y
- 4.91%
- 3Y*
- 5.38%
- 5Y*
- 2.35%
- 10Y*
- —
TNHIX
- 1D
- 0.24%
- 1M
- -1.52%
- YTD
- -1.42%
- 6M
- -0.12%
- 1Y
- 5.91%
- 3Y*
- 7.53%
- 5Y*
- 3.62%
- 10Y*
- 4.90%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
SCHJ vs. TNHIX - Expense Ratio Comparison
SCHJ has a 0.05% expense ratio, which is lower than TNHIX's 1.18% expense ratio.
Return for Risk
SCHJ vs. TNHIX — Risk / Return Rank
SCHJ
TNHIX
SCHJ vs. TNHIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab 1-5 Year Corporate Bond ETF (SCHJ) and 1290 High Yield Bond Fund (TNHIX). 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 | TNHIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.16 | 1.72 | +0.43 |
Sortino ratioReturn per unit of downside risk | 3.05 | 2.42 | +0.63 |
Omega ratioGain probability vs. loss probability | 1.46 | 1.37 | +0.09 |
Calmar ratioReturn relative to maximum drawdown | 3.32 | 1.87 | +1.45 |
Martin ratioReturn relative to average drawdown | 13.80 | 9.02 | +4.78 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| SCHJ | TNHIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.16 | 1.72 | +0.43 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.81 | 0.87 | -0.06 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 1.07 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.63 | 0.65 | -0.02 |
Correlation
The correlation between SCHJ and TNHIX is 0.35, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
SCHJ vs. TNHIX - Dividend Comparison
SCHJ's dividend yield for the trailing twelve months is around 4.46%, less than TNHIX's 5.87% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
SCHJ Schwab 1-5 Year Corporate Bond ETF | 4.46% | 4.42% | 4.00% | 2.98% | 1.64% | 0.94% | 2.54% | 0.42% | 0.00% | 0.00% | 0.00% |
TNHIX 1290 High Yield Bond Fund | 5.87% | 6.29% | 6.37% | 5.43% | 5.44% | 4.76% | 5.16% | 5.51% | 5.84% | 3.62% | 0.01% |
Drawdowns
SCHJ vs. TNHIX - Drawdown Comparison
The maximum SCHJ drawdown since its inception was -13.62%, smaller than the maximum TNHIX drawdown of -18.62%. Use the drawdown chart below to compare losses from any high point for SCHJ and TNHIX.
Loading graphics...
Drawdown Indicators
| SCHJ | TNHIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -13.62% | -18.62% | +5.00% |
Max Drawdown (1Y)Largest decline over 1 year | -1.47% | -2.96% | +1.49% |
Max Drawdown (5Y)Largest decline over 5 years | -9.43% | -13.52% | +4.09% |
Max Drawdown (10Y)Largest decline over 10 years | — | -17.00% | — |
Current DrawdownCurrent decline from peak | -0.93% | -1.88% | +0.95% |
Average DrawdownAverage peak-to-trough decline | -1.92% | -3.38% | +1.46% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.35% | 0.61% | -0.26% |
Volatility
SCHJ vs. TNHIX - Volatility Comparison
The current volatility for Schwab 1-5 Year Corporate Bond ETF (SCHJ) is 0.87%, while 1290 High Yield Bond Fund (TNHIX) has a volatility of 1.34%. This indicates that SCHJ experiences smaller price fluctuations and is considered to be less risky than TNHIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| SCHJ | TNHIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.87% | 1.34% | -0.47% |
Volatility (6M)Calculated over the trailing 6-month period | 1.28% | 2.04% | -0.76% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.28% | 3.37% | -1.09% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.92% | 4.18% | -1.26% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.18% | 4.58% | -0.40% |