SCHR vs. SPTS
SCHR (Schwab Intermediate-Term U.S. Treasury ETF) and SPTS (SPDR Portfolio Short Term Treasury ETF) are both Government Bonds funds - SCHR tracks the Bloomberg US Treasury 3-10 Year Index while SPTS tracks the Bloomberg U.S. Treasury 1-3 Year Index. Both are passively managed. Over the past 10 years, SCHR returned 1.23%/yr vs 1.67%/yr for SPTS. A 0.68 correlation means they provide meaningful diversification when combined. SCHR charges 0.05%/yr vs 0.03%/yr for SPTS.
Performance
SCHR vs. SPTS - Performance Comparison
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Returns By Period
In the year-to-date period, SCHR achieves a -0.43% return, which is significantly lower than SPTS's 0.45% return. Over the past 10 years, SCHR has underperformed SPTS with an annualized return of 1.23%, while SPTS has yielded a comparatively higher 1.67% annualized return.
SCHR
- 1D
- -0.16%
- 1M
- -0.15%
- YTD
- -0.43%
- 6M
- -0.59%
- 1Y
- 3.55%
- 3Y*
- 3.41%
- 5Y*
- 0.05%
- 10Y*
- 1.23%
SPTS
- 1D
- -0.07%
- 1M
- 0.05%
- YTD
- 0.45%
- 6M
- 0.77%
- 1Y
- 3.45%
- 3Y*
- 4.18%
- 5Y*
- 1.81%
- 10Y*
- 1.67%
SCHR vs. SPTS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SCHR Schwab Intermediate-Term U.S. Treasury ETF | -0.43% | 7.33% | 1.42% | 4.27% | -10.58% | -2.62% | 7.72% | 6.18% | 1.46% | 1.59% |
SPTS SPDR Portfolio Short Term Treasury ETF | 0.45% | 5.05% | 4.20% | 4.27% | -3.86% | -0.72% | 3.23% | 3.56% | 1.08% | 0.59% |
Correlation
The correlation between SCHR and SPTS is 0.90, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.90 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.85 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.85 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.79 |
Correlation (All Time) Calculated using the full available price history since Dec 2, 2011 | 0.68 |
Over the past year, SCHR and SPTS have become more correlated (0.90) than their long-term average of 0.68, meaning their price movements have been converging.
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Return for Risk
SCHR vs. SPTS — Risk / Return Rank
SCHR
SPTS
SCHR vs. SPTS - 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 Short Term Treasury ETF (SPTS). 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 | SPTS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.59 | ||
| Sortino ratioReturn per unit of downside risk | -2.89 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.55 | -0.37 |
| Calmar ratioReturn relative to maximum drawdown | 1.27 | 4.13 | -2.85 |
| Martin ratioReturn relative to average drawdown | 3.82 | 16.52 | -12.70 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| SCHR | SPTS | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.04 | 2.63 | -1.59 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.01 | 0.92 | -0.91 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.28 | 0.98 | -0.70 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.44 | 0.49 | -0.05 |
Drawdowns
SCHR vs. SPTS - Drawdown Comparison
The maximum SCHR drawdown since its inception was -16.11%, which is greater than SPTS's maximum drawdown of -5.83%. Use the drawdown chart below to compare losses from any high point for SCHR and SPTS.
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Drawdown Indicators
| SCHR | SPTS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.11% | -5.83% | -10.28% |
Max Drawdown (1Y)Largest decline over 1 year | -2.79% | -0.84% | -1.95% |
Max Drawdown (3Y)Largest decline over 3 years | -4.35% | -0.96% | -3.39% |
Max Drawdown (5Y)Largest decline over 5 years | -15.07% | -5.71% | -9.36% |
Max Drawdown (10Y)Largest decline over 10 years | -16.11% | -5.71% | -10.40% |
Current DrawdownCurrent decline from peak | -2.37% | -0.28% | -2.09% |
Average DrawdownAverage peak-to-trough decline | -3.64% | -1.72% | -1.92% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.93% | 0.21% | +0.72% |
Volatility
SCHR vs. SPTS - Volatility Comparison
Schwab Intermediate-Term U.S. Treasury ETF (SCHR) has a higher volatility of 1.08% compared to SPDR Portfolio Short Term Treasury ETF (SPTS) at 0.34%. This indicates that SCHR's price experiences larger fluctuations and is considered to be riskier than SPTS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SCHR | SPTS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.08% | 0.34% | +0.74% |
Volatility (6M)Calculated over the trailing 6-month period | 2.35% | 0.86% | +1.49% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.43% | 1.32% | +2.11% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.38% | 1.98% | +3.40% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.47% | 1.72% | +2.75% |
SCHR vs. SPTS - Expense Ratio Comparison
SCHR has a 0.05% expense ratio, which is higher than SPTS'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%.
Dividends
SCHR vs. SPTS - Dividend Comparison
SCHR's dividend yield for the trailing twelve months is around 3.92%, which matches SPTS's 3.91% 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% |
SPTS SPDR Portfolio Short Term Treasury ETF | 3.91% | 3.99% | 4.25% | 3.61% | 1.27% | 0.19% | 0.70% | 2.21% | 2.04% | 1.20% | 0.95% | 0.83% |
Frequently Asked Questions
SCHR and SPTS have a correlation of 0.90, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SCHR has higher volatility (1.08%) compared to SPTS (0.34%). In terms of maximum drawdown, SCHR dropped -16.11% vs SPTS's -5.83%.
On 10-year performance, SPTS leads with 1.67% vs 1.23% for SCHR. On fees, SPTS is cheaper at 0.03% per year. On volatility, SPTS has been the lower-risk option at 0.34%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, SPTS has performed better with a 1.67% return vs 1.23%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
SPTS is cheaper with a 0.03% expense ratio, compared with 0.05% for SCHR.
SCHR and SPTS have nearly identical dividend yields, around 3.92%.
SCHR tracks Bloomberg US Treasury 3-10 Year Index, while SPTS tracks Bloomberg U.S. Treasury 1-3 Year Index. They also come from different issuers: Charles Schwab and State Street. Their fees differ too: 0.05% for SCHR and 0.03% for SPTS.
SPTS currently has the higher Sharpe Ratio (2.63 vs 1.04), 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.
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