SCHQ vs. SCHJ
Compare and contrast key facts about Schwab Long-Term U.S. Treasury ETF (SCHQ) and Schwab 1-5 Year Corporate Bond ETF (SCHJ).
SCHQ and SCHJ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SCHQ is a passively managed fund by Charles Schwab that tracks the performance of the Bloomberg US Aggregate Government - Treasury - Long. It was launched on Oct 10, 2019. 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. Both SCHQ and SCHJ 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: SCHQ or SCHJ.
Performance
SCHQ vs. SCHJ - Performance Comparison
Returns By Period
In the year-to-date period, SCHQ achieves a -4.49% return, which is significantly lower than SCHJ's 5.50% return.
SCHQ
-4.49%
-4.72%
1.05%
5.40%
-5.07%
N/A
SCHJ
5.50%
-0.56%
4.27%
8.71%
2.98%
N/A
Key characteristics
| SCHQ | SCHJ | |
|---|---|---|
| Sharpe Ratio | 0.49 | 3.42 |
| Sortino Ratio | 0.78 | 5.77 |
| Omega Ratio | 1.09 | 1.74 |
| Calmar Ratio | 0.16 | 0.09 |
| Martin Ratio | 1.22 | 22.52 |
| Ulcer Index | 5.42% | 0.40% |
| Daily Std Dev | 13.47% | 2.64% |
| Max Drawdown | -46.13% | -100.00% |
| Current Drawdown | -38.60% | -100.00% |
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SCHQ vs. SCHJ - Expense Ratio Comparison
Both SCHQ and SCHJ have an expense ratio of 0.05%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Correlation
The correlation between SCHQ and SCHJ is 0.57, 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.
Risk-Adjusted Performance
SCHQ vs. SCHJ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab Long-Term U.S. Treasury ETF (SCHQ) and Schwab 1-5 Year Corporate Bond ETF (SCHJ). 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
SCHQ vs. SCHJ - Dividend Comparison
SCHQ's dividend yield for the trailing twelve months is around 4.47%, less than SCHJ's 5.10% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
SCHQ Schwab Long-Term U.S. Treasury ETF | 4.47% | 3.79% | 2.88% | 1.69% | 1.52% | 0.44% |
SCHJ Schwab 1-5 Year Corporate Bond ETF | 5.10% | 3.68% | 2.67% | 1.49% | 3.28% | 0.55% |
Drawdowns
SCHQ vs. SCHJ - Drawdown Comparison
The maximum SCHQ drawdown since its inception was -46.13%, smaller than the maximum SCHJ drawdown of -100.00%. Use the drawdown chart below to compare losses from any high point for SCHQ and SCHJ. For additional features, visit the drawdowns tool.
Volatility
SCHQ vs. SCHJ - Volatility Comparison
Schwab Long-Term U.S. Treasury ETF (SCHQ) has a higher volatility of 4.36% compared to Schwab 1-5 Year Corporate Bond ETF (SCHJ) at 0.68%. This indicates that SCHQ's price experiences larger fluctuations and is considered to be riskier than SCHJ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.