SCHR vs. SNSXX

Last updated Jun 5, 2026

SCHR (Schwab Intermediate-Term U.S. Treasury ETF) and SNSXX (Schwab U.S. Treasury Money Fund) are both funds - SCHR is a Government Bonds fund tracking the Bloomberg US Treasury 3-10 Year Index, while SNSXX is a Money Market fund managed by Charles Schwab. Over the past 5 years, SCHR returned 0.07%/yr vs 1.38%/yr for SNSXX. At a 0.07 correlation, their price movements are largely independent. SCHR charges 0.05%/yr vs 0.34%/yr for SNSXX.

Performance

SCHR vs. SNSXX - Performance Comparison

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

Returns By Period

In the year-to-date period, SCHR achieves a -0.35% return, which is significantly lower than SNSXX's 1.40% return.

SCHR

• 1D: 0.08%
• 1M: -0.15%
• YTD: -0.35%
• 6M: -0.28%
• 1Y: 3.13%
• 3Y*: 3.43%
• 5Y*: 0.07%
• 10Y*: 1.24%

SNSXX

• 1D: 0.00%
• 1M: 0.29%
• YTD: 1.40%
• 6M: 1.72%
• 1Y: 3.69%
• 3Y*: 2.32%
• 5Y*: 1.38%
• 10Y*: —

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

SCHR vs. SNSXX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
SCHR Schwab Intermediate-Term U.S. Treasury ETF	-0.35%	7.33%	1.42%	4.27%	-10.58%	-0.74%
SNSXX Schwab U.S. Treasury Money Fund	1.40%	3.97%	1.61%	0.00%	0.00%	0.00%

Correlation

The correlation between SCHR and SNSXX is 0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.09
Correlation (3Y) Calculated over the trailing 3-year period	0.08
Correlation (5Y) Calculated over the trailing 5-year period	0.07
Correlation (All Time) Calculated using the full available price history since May 26, 2021	0.07

Return for Risk

SCHR vs. SNSXX — Risk / Return Rank

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

SCHR

SCHR Risk / Return Rank: 26
SCHR Sharpe Ratio Rank: 27
SCHR Sortino Ratio Rank: 27
SCHR Omega Ratio Rank: 24
SCHR Calmar Ratio Rank: 25
SCHR Martin Ratio Rank: 26

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. SNSXX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Schwab Intermediate-Term U.S. Treasury ETF (SCHR) and Schwab U.S. Treasury Money Fund (SNSXX). 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	SNSXX	Difference
Sharpe ratio: Return per unit of total volatility	0.92	3.71	-2.78
Sortino ratio: Return per unit of downside risk	1.39	—	—
Omega ratio: Gain probability vs. loss probability	1.16	—	—
Calmar ratio: Return relative to maximum drawdown	1.12	—	—
Martin ratio: Return relative to average drawdown	3.35	—	—
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. SNSXX - Sharpe Ratio Comparison

The current SCHR Sharpe Ratio is 0.92, which is lower than the SNSXX Sharpe Ratio of 3.71. The chart below compares the historical Sharpe Ratios of SCHR and SNSXX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	SCHR	SNSXX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.92	3.71	-2.78
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.01	2.09	-2.08
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.28	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.44	2.08	-1.64

Drawdowns

SCHR vs. SNSXX - Drawdown Comparison

The maximum SCHR drawdown since its inception was -16.11%, which is greater than SNSXX's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for SCHR and SNSXX.

Drawdown Indicators

	SCHR	SNSXX	Difference
Max Drawdown Largest peak-to-trough decline	-16.11%	0.00%	-16.11%
Max Drawdown (1Y) Largest decline over 1 year	-2.79%	0.00%	-2.79%
Max Drawdown (3Y) Largest decline over 3 years	-4.35%	0.00%	-4.35%
Max Drawdown (5Y) Largest decline over 5 years	-15.07%	0.00%	-15.07%
Max Drawdown (10Y) Largest decline over 10 years	-16.11%	—	—
Current Drawdown Current decline from peak	-2.29%	0.00%	-2.29%
Average Drawdown Average peak-to-trough decline	-3.64%	0.00%	-3.64%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.94%	0.00%	+0.94%

Volatility

SCHR vs. SNSXX - Volatility Comparison

Schwab Intermediate-Term U.S. Treasury ETF (SCHR) has a higher volatility of 1.08% compared to Schwab U.S. Treasury Money Fund (SNSXX) at 0.29%. This indicates that SCHR's price experiences larger fluctuations and is considered to be riskier than SNSXX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SCHR	SNSXX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.08%	0.29%	+0.79%
Volatility (6M) Calculated over the trailing 6-month period	2.35%	0.73%	+1.62%
Volatility (1Y) Calculated over the trailing 1-year period	3.43%	1.05%	+2.38%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.37%	0.68%	+4.69%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.47%	0.68%	+3.79%

SCHR vs. SNSXX - Expense Ratio Comparison

SCHR has a 0.05% expense ratio, which is lower than SNSXX's 0.34% expense ratio.

Dividends

SCHR vs. SNSXX - Dividend Comparison

SCHR's dividend yield for the trailing twelve months is around 3.92%, more than SNSXX's 3.62% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SCHR Schwab Intermediate-Term U.S. Treasury ETF	3.92%	3.85%	3.77%	3.16%	2.02%	1.00%	1.62%	2.31%	2.11%	1.65%	1.45%	1.56%
SNSXX Schwab U.S. Treasury Money Fund	3.62%	3.88%	1.59%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both SCHR and SNSXX in my portfolio?

SCHR and SNSXX have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SCHR or SNSXX?

SCHR has higher volatility (1.08%) compared to SNSXX (0.29%). In terms of maximum drawdown, SCHR dropped -16.11% vs SNSXX's 0.00%.

Which has better risk-adjusted returns?

SNSXX currently has the higher Sharpe Ratio (3.71 vs 0.92), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.