SCHR vs. VOO
SCHR (Schwab Intermediate-Term U.S. Treasury ETF) and VOO (Vanguard S&P 500 ETF) are both exchange-traded funds - SCHR is a Government Bonds fund tracking the Bloomberg US Treasury 3-10 Year Index, while VOO is a S&P 500 fund tracking the S&P 500 Index. Both are passively managed. Over the past 10 years, SCHR returned 1.19%/yr vs 15.50%/yr for VOO. At a correlation of -0.20, they often move in opposite directions. SCHR charges 0.05%/yr vs 0.03%/yr for VOO.
Performance
SCHR vs. VOO - Performance Comparison
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Returns By Period
In the year-to-date period, SCHR achieves a -0.27% return, which is significantly lower than VOO's 9.08% return. Over the past 10 years, SCHR has underperformed VOO with an annualized return of 1.19%, while VOO has yielded a comparatively higher 15.50% annualized return.
SCHR
- 1D
- -0.12%
- 1M
- 0.13%
- YTD
- -0.27%
- 6M
- 0.04%
- 1Y
- 3.42%
- 3Y*
- 3.71%
- 5Y*
- 0.02%
- 10Y*
- 1.19%
VOO
- 1D
- 0.55%
- 1M
- -0.84%
- YTD
- 9.08%
- 6M
- 9.44%
- 1Y
- 25.76%
- 3Y*
- 20.95%
- 5Y*
- 13.43%
- 10Y*
- 15.50%
SCHR vs. VOO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SCHR Schwab Intermediate-Term U.S. Treasury ETF | -0.27% | 7.33% | 1.42% | 4.27% | -10.58% | -2.62% | 7.72% | 6.18% | 1.46% | 1.59% |
VOO Vanguard S&P 500 ETF | 9.08% | 17.82% | 24.98% | 26.32% | -18.17% | 28.79% | 18.32% | 31.37% | -4.50% | 21.77% |
Correlation
The correlation between SCHR and VOO is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.21 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.15 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.09 |
Correlation (10Y) Calculated over the trailing 10-year period | -0.08 |
Correlation (All Time) Calculated using the full available price history since Sep 9, 2010 | -0.20 |
The correlation between SCHR and VOO shifts across timeframes, from -0.20 (all time) to 0.21 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
SCHR vs. VOO — Risk / Return Rank
SCHR
VOO
SCHR vs. VOO - 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 S&P 500 ETF (VOO). 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 | VOO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.03 | ||
| Sortino ratioReturn per unit of downside risk | -1.21 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.36 | -0.19 |
| Calmar ratioReturn relative to maximum drawdown | 1.17 | 2.75 | -1.58 |
| Martin ratioReturn relative to average drawdown | 3.29 | 12.42 | -9.13 |
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Drawdowns
SCHR vs. VOO - Drawdown Comparison
The maximum SCHR drawdown since its inception was -16.11%, smaller than the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for SCHR and VOO.
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Drawdown Indicators
| SCHR | VOO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.11% | -33.99% | +17.88% |
Max Drawdown (1Y)Largest decline over 1 year | -2.79% | -8.90% | +6.11% |
Max Drawdown (3Y)Largest decline over 3 years | -4.35% | -18.69% | +14.34% |
Max Drawdown (5Y)Largest decline over 5 years | -15.07% | -24.52% | +9.45% |
Max Drawdown (10Y)Largest decline over 10 years | -16.11% | -33.99% | +17.88% |
Current DrawdownCurrent decline from peak | -2.21% | -2.34% | +0.13% |
Average DrawdownAverage peak-to-trough decline | -3.64% | -3.68% | +0.04% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.99% | 1.97% | -0.98% |
Volatility
SCHR vs. VOO - Volatility Comparison
The current volatility for Schwab Intermediate-Term U.S. Treasury ETF (SCHR) is 1.11%, while Vanguard S&P 500 ETF (VOO) has a volatility of 4.34%. This indicates that SCHR experiences smaller price fluctuations and is considered to be less risky than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SCHR | VOO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.11% | 4.34% | -3.23% |
Volatility (6M)Calculated over the trailing 6-month period | 2.40% | 9.58% | -7.18% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.38% | 12.27% | -8.89% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.38% | 16.88% | -11.50% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.47% | 18.03% | -13.56% |
SCHR vs. VOO - Expense Ratio Comparison
SCHR has a 0.05% expense ratio, which is higher than VOO'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. VOO - Dividend Comparison
SCHR's dividend yield for the trailing twelve months is around 3.91%, more than VOO's 1.05% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SCHR Schwab Intermediate-Term U.S. Treasury ETF | 3.91% | 3.85% | 3.77% | 3.16% | 2.02% | 1.00% | 1.62% | 2.31% | 2.11% | 1.65% | 1.45% | 1.56% |
VOO Vanguard S&P 500 ETF | 1.05% | 1.13% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% |
Frequently Asked Questions
SCHR and VOO have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
VOO has higher volatility (4.34%) compared to SCHR (1.11%). In terms of maximum drawdown, SCHR dropped -16.11% vs VOO's -33.99%.
On 10-year performance, VOO leads with 15.50% vs 1.19% for SCHR. On fees, VOO is cheaper at 0.03% per year. On volatility, SCHR has been the lower-risk option at 1.11%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, VOO has performed better with a 15.50% return vs 1.19%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
VOO is cheaper with a 0.03% expense ratio, compared with 0.05% for SCHR.
SCHR has the higher dividend yield at 3.91%, compared with 1.05% for VOO.
SCHR is categorized as Government Bonds, while VOO is S&P 500. SCHR tracks Bloomberg US Treasury 3-10 Year Index, while VOO tracks S&P 500 Index. They also come from different issuers: Charles Schwab and Vanguard. Their fees differ too: 0.05% for SCHR and 0.03% for VOO.
VOO currently has the higher Sharpe Ratio (1.99 vs 0.97), 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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