SCHR vs. SPTI
SCHR (Schwab Intermediate-Term U.S. Treasury ETF) and SPTI (SPDR Portfolio Intermediate Term Treasury ETF) are both Government Bonds funds - SCHR tracks the Bloomberg US Treasury 3-10 Year Index while SPTI tracks the Bloomberg 3-10 Year U.S. Treasury Bond Index. Both are passively managed. Over the past 10 years, SCHR returned 1.13%/yr vs 1.26%/yr for SPTI. Their correlation of 0.94 suggests significant overlap in exposure. SCHR charges 0.05%/yr vs 0.06%/yr for SPTI.
Performance
SCHR vs. SPTI - Performance Comparison
Loading charts...
Returns By Period
The year-to-date returns for both stocks are quite close, with SCHR having a -0.51% return and SPTI slightly lower at -0.52%. Over the past 10 years, SCHR has underperformed SPTI with an annualized return of 1.13%, while SPTI has yielded a comparatively higher 1.26% annualized return.
SCHR
- 1D
- -0.24%
- 1M
- 0.25%
- YTD
- -0.51%
- 6M
- -0.40%
- 1Y
- 2.88%
- 3Y*
- 3.50%
- 5Y*
- 0.07%
- 10Y*
- 1.13%
SPTI
- 1D
- -0.25%
- 1M
- 0.22%
- YTD
- -0.52%
- 6M
- -0.45%
- 1Y
- 2.88%
- 3Y*
- 3.52%
- 5Y*
- 0.07%
- 10Y*
- 1.26%
SCHR vs. SPTI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SCHR Schwab Intermediate-Term U.S. Treasury ETF | -0.51% | 7.33% | 1.42% | 4.27% | -10.58% | -2.62% | 7.72% | 6.18% | 1.46% | 1.59% |
SPTI SPDR Portfolio Intermediate Term Treasury ETF | -0.52% | 7.46% | 1.32% | 4.24% | -10.65% | -2.55% | 7.70% | 6.01% | 2.27% | 1.04% |
Correlation
The correlation between SCHR and SPTI is 0.98 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.98 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.99 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.99 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.97 |
Correlation (All Time) Calculated using the full available price history since Aug 5, 2010 | 0.94 |
The correlation between SCHR and SPTI has been stable across timeframes, ranging from 0.94 to 0.99 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
SCHR vs. SPTI — Risk / Return Rank
SCHR
SPTI
SCHR vs. SPTI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab Intermediate-Term U.S. Treasury ETF (SCHR) and SPDR Portfolio Intermediate Term Treasury ETF (SPTI). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| SCHR | SPTI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.01 | ||
| Sortino ratioReturn per unit of downside risk | -0.01 | ||
| Omega ratioGain probability vs. loss probability | 1.15 | 1.15 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 1.03 | 1.04 | 0.00 |
| Martin ratioReturn relative to average drawdown | 2.81 | 2.82 | -0.01 |
Loading charts...
Drawdowns
SCHR vs. SPTI - Drawdown Comparison
The maximum SCHR drawdown since its inception was -16.11%, roughly equal to the maximum SPTI drawdown of -16.12%. Use the drawdown chart below to compare losses from any high point for SCHR and SPTI.
Loading charts...
Drawdown Indicators
| SCHR | SPTI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.11% | -16.12% | +0.01% |
Max Drawdown (1Y)Largest decline over 1 year | -2.79% | -2.80% | +0.01% |
Max Drawdown (3Y)Largest decline over 3 years | -4.35% | -4.35% | 0.00% |
Max Drawdown (5Y)Largest decline over 5 years | -15.07% | -15.06% | -0.01% |
Max Drawdown (10Y)Largest decline over 10 years | -16.11% | -16.12% | +0.01% |
Current DrawdownCurrent decline from peak | -2.45% | -2.49% | +0.04% |
Average DrawdownAverage peak-to-trough decline | -3.64% | -2.92% | -0.72% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.03% | 1.02% | +0.01% |
Volatility
SCHR vs. SPTI - Volatility Comparison
Schwab Intermediate-Term U.S. Treasury ETF (SCHR) and SPDR Portfolio Intermediate Term Treasury ETF (SPTI) have volatilities of 1.06% and 1.08%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SCHR | SPTI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.06% | 1.08% | -0.02% |
Volatility (6M)Calculated over the trailing 6-month period | 2.49% | 2.48% | +0.01% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.43% | 3.41% | +0.02% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.38% | 5.36% | +0.02% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.48% | 4.38% | +0.10% |
SCHR vs. SPTI - Expense Ratio Comparison
SCHR has a 0.05% expense ratio, which is lower than SPTI's 0.06% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
SCHR vs. SPTI - Dividend Comparison
SCHR's dividend yield for the trailing twelve months is around 3.92%, more than SPTI's 3.87% 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% |
SPTI SPDR Portfolio Intermediate Term Treasury ETF | 3.87% | 3.79% | 3.77% | 2.99% | 1.45% | 0.53% | 0.75% | 2.02% | 1.97% | 1.46% | 1.23% | 1.18% |
Frequently Asked Questions
With a correlation of 0.98, SCHR and SPTI move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
SPTI has higher volatility (1.08%) compared to SCHR (1.06%). In terms of maximum drawdown, SCHR dropped -16.11% vs SPTI's -16.12%.
On 10-year performance, SPTI leads with 1.26% vs 1.13% for SCHR. On fees, SCHR is cheaper at 0.05% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, SPTI has performed better with a 1.26% return vs 1.13%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
SCHR is cheaper with a 0.05% expense ratio, compared with 0.06% for SPTI.
SCHR has the higher dividend yield at 3.92%, compared with 3.87% for SPTI.
SCHR tracks Bloomberg US Treasury 3-10 Year Index, while SPTI tracks Bloomberg 3-10 Year U.S. Treasury Bond Index. They also come from different issuers: Charles Schwab and State Street. Their fees differ too: 0.05% for SCHR and 0.06% for SPTI.
SPTI currently has the higher Sharpe Ratio (0.85 vs 0.84), 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.
Find the right allocation for SCHR and SPTI
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer