SCHR vs. BSV

Last updated Apr 1, 2026

Compare and contrast key facts about Schwab Intermediate-Term U.S. Treasury ETF (SCHR) and Vanguard Short-Term Bond Index Fund ETF Shares (BSV).

SCHR and BSV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SCHR is a passively managed fund by Charles Schwab that tracks the performance of the Bloomberg US Treasury (3-10 Y). It was launched on Aug 5, 2010. BSV is a passively managed fund by Vanguard that tracks the performance of the Bloomberg U.S. 1–5 Year Government/Credit Float Adjusted Index. It was launched on Apr 3, 2007. Both SCHR and BSV are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

SCHR vs. BSV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Schwab Intermediate-Term U.S. Treasury ETF (SCHR) and Vanguard Short-Term Bond Index Fund ETF Shares (BSV). The values are adjusted to include any dividend payments, if applicable.

SCHR vs. BSV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SCHR Schwab Intermediate-Term U.S. Treasury ETF	-0.04%	7.33%	1.42%	4.27%	-10.58%	-2.62%	7.72%	6.18%	1.46%	1.59%
BSV Vanguard Short-Term Bond Index Fund ETF Shares	0.13%	6.00%	3.78%	4.90%	-5.49%	-1.09%	4.70%	4.98%	1.34%	1.20%

Returns By Period

In the year-to-date period, SCHR achieves a -0.04% return, which is significantly lower than BSV's 0.13% return. Over the past 10 years, SCHR has underperformed BSV with an annualized return of 1.32%, while BSV has yielded a comparatively higher 1.97% annualized return.

SCHR

• 1D: 0.20%
• 1M: -1.64%
• YTD: -0.04%
• 6M: 1.03%
• 1Y: 4.13%
• 3Y*: 3.30%
• 5Y*: 0.32%
• 10Y*: 1.32%

BSV

• 1D: 0.14%
• 1M: -0.78%
• YTD: 0.13%
• 6M: 1.33%
• 1Y: 4.13%
• 3Y*: 4.27%
• 5Y*: 1.68%
• 10Y*: 1.97%

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

SCHR vs. BSV - Expense Ratio Comparison

SCHR has a 0.05% expense ratio, which is higher than BSV'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%.

SCHR

Schwab Intermediate-Term U.S. Treasury ETF

BSV

Vanguard Short-Term Bond Index Fund ETF Shares

Return for Risk

SCHR vs. BSV — Risk / Return Rank

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

SCHR

SCHR Risk / Return Rank: 64
SCHR Sharpe Ratio Rank: 64
SCHR Sortino Ratio Rank: 68
SCHR Omega Ratio Rank: 53
SCHR Calmar Ratio Rank: 73
SCHR Martin Ratio Rank: 61

BSV

BSV Risk / Return Rank: 93
BSV Sharpe Ratio Rank: 93
BSV Sortino Ratio Rank: 96
BSV Omega Ratio Rank: 93
BSV Calmar Ratio Rank: 92
BSV Martin Ratio Rank: 92

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.

SCHR vs. BSV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Schwab Intermediate-Term U.S. Treasury ETF (SCHR) and Vanguard Short-Term Bond Index Fund ETF Shares (BSV). 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.

	SCHR	BSV	Difference
Sharpe ratio Return per unit of total volatility	1.08	2.08	-1.00
Sortino ratio Return per unit of downside risk	1.64	3.31	-1.68
Omega ratio Gain probability vs. loss probability	1.19	1.41	-0.22
Calmar ratio Return relative to maximum drawdown	1.81	3.25	-1.43
Martin ratio Return relative to average drawdown	5.65	12.45	-6.79
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SCHR vs. BSV - Sharpe Ratio Comparison

The current SCHR Sharpe Ratio is 1.08, which is lower than the BSV Sharpe Ratio of 2.08. The chart below compares the historical Sharpe Ratios of SCHR and BSV, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	SCHR	BSV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.08	2.08	-1.00
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.06	0.62	-0.56
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.30	0.83	-0.54
Sharpe Ratio (All Time) Calculated using the full available price history	0.45	0.86	-0.40

Correlation

The correlation between SCHR and BSV is 0.85, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

SCHR vs. BSV - Dividend Comparison

SCHR's dividend yield for the trailing twelve months is around 3.86%, less than BSV's 3.90% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SCHR Schwab Intermediate-Term U.S. Treasury ETF	3.86%	3.85%	3.77%	3.16%	2.02%	1.00%	1.62%	2.31%	2.11%	1.65%	1.45%	1.56%
BSV Vanguard Short-Term Bond Index Fund ETF Shares	3.90%	3.83%	3.38%	2.46%	1.50%	1.45%	1.79%	2.29%	1.99%	1.65%	1.48%	1.40%

Drawdowns

SCHR vs. BSV - Drawdown Comparison

The maximum SCHR drawdown since its inception was -16.11%, which is greater than BSV's maximum drawdown of -8.54%. Use the drawdown chart below to compare losses from any high point for SCHR and BSV.

Drawdown Indicators

	SCHR	BSV	Difference
Max Drawdown Largest peak-to-trough decline	-16.11%	-8.54%	-7.57%
Max Drawdown (1Y) Largest decline over 1 year	-2.39%	-1.29%	-1.10%
Max Drawdown (5Y) Largest decline over 5 years	-15.07%	-8.54%	-6.53%
Max Drawdown (10Y) Largest decline over 10 years	-16.11%	-8.54%	-7.57%
Current Drawdown Current decline from peak	-1.98%	-0.78%	-1.20%
Average Drawdown Average peak-to-trough decline	-3.66%	-0.98%	-2.68%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.77%	0.34%	+0.43%

Volatility

SCHR vs. BSV - Volatility Comparison

Schwab Intermediate-Term U.S. Treasury ETF (SCHR) has a higher volatility of 1.35% compared to Vanguard Short-Term Bond Index Fund ETF Shares (BSV) at 0.77%. This indicates that SCHR's price experiences larger fluctuations and is considered to be riskier than BSV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SCHR	BSV	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.35%	0.77%	+0.58%
Volatility (6M) Calculated over the trailing 6-month period	2.32%	1.19%	+1.13%
Volatility (1Y) Calculated over the trailing 1-year period	3.85%	2.00%	+1.85%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.36%	2.71%	+2.65%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.47%	2.37%	+2.10%