SCHY vs. SCHI
SCHY (Schwab International Dividend Equity ETF) and SCHI (Schwab 5-10 Year Corporate Bond ETF) are both exchange-traded funds - SCHY is a Dividend fund tracking the Dow Jones International Dividend 100 Index, while SCHI is a Corporate Bonds fund tracking the Bloomberg US Aggregate Credit - Corporate (5-10 Y). Both are passively managed. Over the past 5 years, SCHY returned 8.24%/yr vs 1.29%/yr for SCHI. At a 0.37 correlation, their price movements are largely independent. SCHY charges 0.08%/yr vs 0.05%/yr for SCHI.
Performance
SCHY vs. SCHI - Performance Comparison
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Returns By Period
In the year-to-date period, SCHY achieves a 9.87% return, which is significantly higher than SCHI's 0.46% return.
SCHY
- 1D
- -0.52%
- 1M
- 1.78%
- YTD
- 9.87%
- 6M
- 10.53%
- 1Y
- 23.12%
- 3Y*
- 14.83%
- 5Y*
- 8.24%
- 10Y*
- —
SCHI
- 1D
- 0.09%
- 1M
- 0.99%
- YTD
- 0.46%
- 6M
- 0.82%
- 1Y
- 6.04%
- 3Y*
- 6.21%
- 5Y*
- 1.29%
- 10Y*
- —
SCHY vs. SCHI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
SCHY Schwab International Dividend Equity ETF | 9.87% | 33.98% | -1.79% | 14.27% | -9.43% | 3.42% |
SCHI Schwab 5-10 Year Corporate Bond ETF | 0.46% | 9.47% | 3.32% | 8.97% | -14.06% | 1.17% |
Correlation
The correlation between SCHY and SCHI is 0.51, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.51 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.46 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.37 |
Correlation (All Time) Calculated using the full available price history since Apr 29, 2021 | 0.37 |
The correlation between SCHY and SCHI shifts across timeframes, from 0.37 (5 years) to 0.51 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
SCHY vs. SCHI — Risk / Return Rank
SCHY
SCHI
SCHY vs. SCHI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab International Dividend Equity ETF (SCHY) and Schwab 5-10 Year Corporate Bond ETF (SCHI). 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.
| SCHY | SCHI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.46 | ||
| Sortino ratioReturn per unit of downside risk | +0.48 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.26 | +0.08 |
| Calmar ratioReturn relative to maximum drawdown | 2.55 | 2.01 | +0.54 |
| Martin ratioReturn relative to average drawdown | 7.89 | 6.58 | +1.32 |
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Drawdowns
SCHY vs. SCHI - Drawdown Comparison
The maximum SCHY drawdown since its inception was -24.04%, which is greater than SCHI's maximum drawdown of -20.67%. Use the drawdown chart below to compare losses from any high point for SCHY and SCHI.
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Drawdown Indicators
| SCHY | SCHI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -24.04% | -20.67% | -3.37% |
Max Drawdown (1Y)Largest decline over 1 year | -9.11% | -3.01% | -6.10% |
Max Drawdown (3Y)Largest decline over 3 years | -12.16% | -6.14% | -6.02% |
Max Drawdown (5Y)Largest decline over 5 years | -24.04% | -20.67% | -3.37% |
Current DrawdownCurrent decline from peak | -3.44% | -1.10% | -2.34% |
Average DrawdownAverage peak-to-trough decline | -4.97% | -5.69% | +0.72% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.94% | 0.92% | +2.02% |
Volatility
SCHY vs. SCHI - Volatility Comparison
Schwab International Dividend Equity ETF (SCHY) has a higher volatility of 3.42% compared to Schwab 5-10 Year Corporate Bond ETF (SCHI) at 1.48%. This indicates that SCHY's price experiences larger fluctuations and is considered to be riskier than SCHI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SCHY | SCHI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.42% | 1.48% | +1.94% |
Volatility (6M)Calculated over the trailing 6-month period | 9.97% | 3.20% | +6.77% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.01% | 4.12% | +7.89% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.28% | 6.67% | +6.61% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.23% | 7.39% | +5.84% |
SCHY vs. SCHI - Expense Ratio Comparison
SCHY has a 0.08% expense ratio, which is higher than SCHI's 0.05% 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
SCHY vs. SCHI - Dividend Comparison
SCHY's dividend yield for the trailing twelve months is around 3.38%, less than SCHI's 5.03% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
SCHI Schwab 5-10 Year Corporate Bond ETF | 5.03% | 4.99% | 5.11% | 4.27% | 3.10% | 1.93% | 2.31% | 0.53% |
SCHY Schwab International Dividend Equity ETF | 3.38% | 3.55% | 4.64% | 3.97% | 3.67% | 1.73% | 0.00% | 0.00% |
Frequently Asked Questions
SCHY and SCHI have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SCHY has higher volatility (3.42%) compared to SCHI (1.48%). In terms of maximum drawdown, SCHY dropped -24.04% vs SCHI's -20.67%.
On 5-year performance, SCHY leads with 8.24% vs 1.29% for SCHI. On fees, SCHI is cheaper at 0.05% per year. On volatility, SCHI has been the lower-risk option at 1.48%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, SCHY has performed better with a 8.24% return vs 1.29%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
SCHI is cheaper with a 0.05% expense ratio, compared with 0.08% for SCHY.
SCHI has the higher dividend yield at 5.03%, compared with 3.38% for SCHY.
SCHY is categorized as Dividend, while SCHI is Corporate Bonds. SCHY tracks Dow Jones International Dividend 100 Index, while SCHI tracks Bloomberg US Aggregate Credit - Corporate (5-10 Y). Their fees differ too: 0.08% for SCHY and 0.05% for SCHI.
SCHY currently has the higher Sharpe Ratio (1.94 vs 1.47), 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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