SCHW vs. SHV
SCHW (The Charles Schwab Corporation) is a stock, while SHV (iShares 0-1 Year Treasury Bond ETF) is Government Bonds fund tracking the ICE Short US Treasury Securities Index. Over the past 10 years, SCHW returned 12.91%/yr vs 2.23%/yr for SHV. At a correlation of -0.10, they often move in opposite directions.
Performance
SCHW vs. SHV - Performance Comparison
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Returns By Period
In the year-to-date period, SCHW achieves a -12.73% return, which is significantly lower than SHV's 1.42% return. Over the past 10 years, SCHW has outperformed SHV with an annualized return of 12.91%, while SHV has yielded a comparatively lower 2.23% annualized return.
SCHW
- 1D
- -1.16%
- 1M
- -5.01%
- YTD
- -12.73%
- 6M
- -7.23%
- 1Y
- -0.35%
- 3Y*
- 18.44%
- 5Y*
- 4.09%
- 10Y*
- 12.91%
SHV
- 1D
- 0.00%
- 1M
- 0.27%
- YTD
- 1.42%
- 6M
- 1.75%
- 1Y
- 3.90%
- 3Y*
- 4.64%
- 5Y*
- 3.31%
- 10Y*
- 2.23%
SCHW vs. SHV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SCHW The Charles Schwab Corporation | -12.73% | 36.65% | 9.17% | -15.97% | 0.11% | 60.23% | 13.57% | 16.38% | -18.43% | 31.15% |
SHV iShares 0-1 Year Treasury Bond ETF | 1.42% | 4.21% | 5.12% | 5.04% | 0.94% | -0.10% | 0.81% | 2.36% | 1.72% | 0.67% |
Correlation
The correlation between SCHW and SHV is -0.12, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.12 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.08 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.05 |
Correlation (10Y) Calculated over the trailing 10-year period | -0.09 |
Correlation (All Time) Calculated using the full available price history since Jan 12, 2007 | -0.10 |
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Return for Risk
SCHW vs. SHV — Risk / Return Rank
SCHW
SHV
SCHW vs. SHV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for The Charles Schwab Corporation (SCHW) and iShares 0-1 Year Treasury Bond ETF (SHV). 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.
| SCHW | SHV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -19.51 | ||
| Sortino ratioReturn per unit of downside risk | -149.41 | ||
| Omega ratioGain probability vs. loss probability | 1.02 | 53.77 | -52.75 |
| Calmar ratioReturn relative to maximum drawdown | -0.02 | 431.38 | -431.40 |
| Martin ratioReturn relative to average drawdown | -0.04 | 2,419.80 | -2,419.84 |
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
| SCHW | SHV | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.01 | 19.49 | -19.51 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.13 | 11.56 | -11.43 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.39 | 8.09 | -7.70 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.42 | 4.50 | -4.08 |
Drawdowns
SCHW vs. SHV - Drawdown Comparison
The maximum SCHW drawdown since its inception was -86.79%, which is greater than SHV's maximum drawdown of -0.45%. Use the drawdown chart below to compare losses from any high point for SCHW and SHV.
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Drawdown Indicators
| SCHW | SHV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -86.79% | -0.45% | -86.34% |
Max Drawdown (1Y)Largest decline over 1 year | -19.83% | -0.01% | -19.82% |
Max Drawdown (3Y)Largest decline over 3 years | -27.11% | -0.03% | -27.08% |
Max Drawdown (5Y)Largest decline over 5 years | -49.70% | -0.40% | -49.30% |
Max Drawdown (10Y)Largest decline over 10 years | -51.08% | -0.45% | -50.63% |
Current DrawdownCurrent decline from peak | -18.67% | 0.00% | -18.67% |
Average DrawdownAverage peak-to-trough decline | -35.55% | -0.03% | -35.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.05% | 0.00% | +8.05% |
Volatility
SCHW vs. SHV - Volatility Comparison
The Charles Schwab Corporation (SCHW) has a higher volatility of 8.01% compared to iShares 0-1 Year Treasury Bond ETF (SHV) at 0.05%. This indicates that SCHW's price experiences larger fluctuations and is considered to be riskier than SHV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SCHW | SHV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.01% | 0.05% | +7.96% |
Volatility (6M)Calculated over the trailing 6-month period | 19.73% | 0.12% | +19.61% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.94% | 0.20% | +23.74% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 32.24% | 0.29% | +31.95% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.42% | 0.28% | +33.14% |
Dividends
SCHW vs. SHV - Dividend Comparison
SCHW's dividend yield for the trailing twelve months is around 1.36%, less than SHV's 3.83% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SCHW The Charles Schwab Corporation | 1.36% | 1.08% | 1.35% | 1.45% | 1.01% | 0.86% | 1.36% | 1.43% | 1.11% | 0.62% | 0.68% | 0.73% |
SHV iShares 0-1 Year Treasury Bond ETF | 3.83% | 4.09% | 5.02% | 4.73% | 1.39% | 0.00% | 0.74% | 2.19% | 1.66% | 0.72% | 0.34% | 0.03% |
Frequently Asked Questions
SCHW and SHV have a correlation of -0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SCHW has higher volatility (8.01%) compared to SHV (0.05%). In terms of maximum drawdown, SCHW dropped -86.79% vs SHV's -0.45%.
SHV currently has the higher Sharpe Ratio (19.49 vs -0.01), 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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