SCHR vs. SCHB
Compare and contrast key facts about Schwab Intermediate-Term U.S. Treasury ETF (SCHR) and Schwab U.S. Broad Market ETF (SCHB).
SCHR and SCHB 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. SCHB is a passively managed fund by Charles Schwab that tracks the performance of the Dow Jones U.S. Broad Stock Market Total Return Index. It was launched on Nov 3, 2009. Both SCHR and SCHB 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: SCHR or SCHB.
Key characteristics
| SCHR | SCHB | |
|---|---|---|
| YTD Return | -1.05% | 10.87% |
| 1Y Return | -0.06% | 29.24% |
| 3Y Return (Ann) | -2.78% | 8.53% |
| 5Y Return (Ann) | 0.04% | 14.24% |
| 10Y Return (Ann) | 1.02% | 12.41% |
| Sharpe Ratio | -0.07 | 2.59 |
| Daily Std Dev | 5.61% | 11.91% |
| Max Drawdown | -16.11% | -35.27% |
| Current Drawdown | -10.86% | -0.19% |
Correlation
The correlation between SCHR and SCHB is -0.25. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
SCHR vs. SCHB - Performance Comparison
In the year-to-date period, SCHR achieves a -1.05% return, which is significantly lower than SCHB's 10.87% return. Over the past 10 years, SCHR has underperformed SCHB with an annualized return of 1.02%, while SCHB has yielded a comparatively higher 12.41% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
SCHR vs. SCHB - Expense Ratio Comparison
SCHR has a 0.05% expense ratio, which is higher than SCHB'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%.
Risk-Adjusted Performance
SCHR vs. SCHB - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab Intermediate-Term U.S. Treasury ETF (SCHR) and Schwab U.S. Broad Market ETF (SCHB). 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
SCHR vs. SCHB - Dividend Comparison
SCHR's dividend yield for the trailing twelve months is around 3.45%, more than SCHB's 1.28% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SCHR Schwab Intermediate-Term U.S. Treasury ETF | 3.45% | 3.16% | 2.02% | 1.00% | 1.62% | 2.31% | 2.11% | 1.65% | 1.45% | 1.56% | 1.44% | 1.07% |
SCHB Schwab U.S. Broad Market ETF | 1.28% | 1.40% | 1.61% | 1.21% | 1.63% | 1.80% | 2.13% | 1.65% | 2.31% | 2.00% | 1.72% | 1.63% |
Drawdowns
SCHR vs. SCHB - Drawdown Comparison
The maximum SCHR drawdown since its inception was -16.11%, smaller than the maximum SCHB drawdown of -35.27%. Use the drawdown chart below to compare losses from any high point for SCHR and SCHB. For additional features, visit the drawdowns tool.
Volatility
SCHR vs. SCHB - Volatility Comparison
The current volatility for Schwab Intermediate-Term U.S. Treasury ETF (SCHR) is 1.14%, while Schwab U.S. Broad Market ETF (SCHB) has a volatility of 3.42%. This indicates that SCHR experiences smaller price fluctuations and is considered to be less risky than SCHB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.