SCHZ vs. OCIO
Compare and contrast key facts about Schwab U.S. Aggregate Bond ETF (SCHZ) and ClearShares OCIO ETF (OCIO).
SCHZ and OCIO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SCHZ is a passively managed fund by Charles Schwab that tracks the performance of the Bloomberg US Aggregate Bond Index. It was launched on Jul 14, 2011. OCIO is an actively managed fund by ClearShares LLC. It was launched on Jun 27, 2017.
Performance
SCHZ vs. OCIO - Performance Comparison
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SCHZ vs. OCIO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SCHZ Schwab U.S. Aggregate Bond ETF | 0.05% | 7.24% | 1.26% | 5.60% | -13.17% | -1.72% | 7.46% | 8.65% | -0.26% | 0.66% |
OCIO ClearShares OCIO ETF | -1.52% | 12.68% | 12.76% | 12.03% | -12.49% | 13.20% | 11.54% | 18.56% | -10.35% | 9.00% |
Returns By Period
In the year-to-date period, SCHZ achieves a 0.05% return, which is significantly higher than OCIO's -1.52% return.
SCHZ
- 1D
- 0.26%
- 1M
- -1.75%
- YTD
- 0.05%
- 6M
- 0.95%
- 1Y
- 4.41%
- 3Y*
- 3.57%
- 5Y*
- 0.20%
- 10Y*
- 1.61%
OCIO
- 1D
- 2.14%
- 1M
- -4.52%
- YTD
- -1.52%
- 6M
- 0.60%
- 1Y
- 13.31%
- 3Y*
- 10.77%
- 5Y*
- 6.01%
- 10Y*
- —
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SCHZ vs. OCIO - Expense Ratio Comparison
SCHZ has a 0.03% expense ratio, which is lower than OCIO's 0.61% expense ratio.
Return for Risk
SCHZ vs. OCIO — Risk / Return Rank
SCHZ
OCIO
SCHZ vs. OCIO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab U.S. Aggregate Bond ETF (SCHZ) and ClearShares OCIO ETF (OCIO). 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.
| SCHZ | OCIO | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.03 | 1.06 | -0.03 |
Sortino ratioReturn per unit of downside risk | 1.47 | 1.61 | -0.14 |
Omega ratioGain probability vs. loss probability | 1.18 | 1.23 | -0.05 |
Calmar ratioReturn relative to maximum drawdown | 1.81 | 1.54 | +0.28 |
Martin ratioReturn relative to average drawdown | 5.21 | 7.09 | -1.88 |
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
| SCHZ | OCIO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.03 | 1.06 | -0.03 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.03 | 0.57 | -0.54 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.30 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.44 | 0.61 | -0.17 |
Correlation
The correlation between SCHZ and OCIO is 0.14, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
SCHZ vs. OCIO - Dividend Comparison
SCHZ's dividend yield for the trailing twelve months is around 4.07%, less than OCIO's 10.53% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SCHZ Schwab U.S. Aggregate Bond ETF | 4.07% | 4.05% | 3.96% | 3.28% | 2.63% | 2.16% | 2.43% | 2.79% | 2.56% | 2.40% | 2.24% | 2.11% |
OCIO ClearShares OCIO ETF | 10.53% | 10.27% | 1.87% | 2.32% | 3.21% | 2.83% | 2.90% | 2.22% | 0.01% | 1.68% | 0.00% | 0.00% |
Drawdowns
SCHZ vs. OCIO - Drawdown Comparison
The maximum SCHZ drawdown since its inception was -18.74%, smaller than the maximum OCIO drawdown of -24.21%. Use the drawdown chart below to compare losses from any high point for SCHZ and OCIO.
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Drawdown Indicators
| SCHZ | OCIO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.74% | -24.21% | +5.47% |
Max Drawdown (1Y)Largest decline over 1 year | -2.51% | -8.58% | +6.07% |
Max Drawdown (5Y)Largest decline over 5 years | -18.01% | -18.75% | +0.74% |
Max Drawdown (10Y)Largest decline over 10 years | -18.74% | — | — |
Current DrawdownCurrent decline from peak | -2.71% | -4.99% | +2.28% |
Average DrawdownAverage peak-to-trough decline | -3.70% | -4.51% | +0.81% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.87% | 1.86% | -0.99% |
Volatility
SCHZ vs. OCIO - Volatility Comparison
The current volatility for Schwab U.S. Aggregate Bond ETF (SCHZ) is 1.66%, while ClearShares OCIO ETF (OCIO) has a volatility of 4.56%. This indicates that SCHZ experiences smaller price fluctuations and is considered to be less risky than OCIO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SCHZ | OCIO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.66% | 4.56% | -2.90% |
Volatility (6M)Calculated over the trailing 6-month period | 2.49% | 7.65% | -5.16% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.29% | 12.59% | -8.30% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.07% | 10.51% | -4.44% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.40% | 11.36% | -5.96% |