SCHZ vs. VTSPX

Last updated Apr 1, 2026

Compare and contrast key facts about Schwab U.S. Aggregate Bond ETF (SCHZ) and Vanguard Short-Term Inflation-Protected Securities Index Fund Institutional Shares (VTSPX).

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. VTSPX is managed by Vanguard. It was launched on Oct 17, 2012.

Performance

SCHZ vs. VTSPX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Schwab U.S. Aggregate Bond ETF (SCHZ) and Vanguard Short-Term Inflation-Protected Securities Index Fund Institutional Shares (VTSPX). The values are adjusted to include any dividend payments, if applicable.

SCHZ vs. VTSPX - 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%	3.50%
VTSPX Vanguard Short-Term Inflation-Protected Securities Index Fund Institutional Shares	0.97%	6.06%	4.75%	4.61%	-2.82%	5.32%	4.99%	4.82%	0.59%	0.83%

Returns By Period

In the year-to-date period, SCHZ achieves a 0.05% return, which is significantly lower than VTSPX's 0.97% return. Over the past 10 years, SCHZ has underperformed VTSPX with an annualized return of 1.61%, while VTSPX has yielded a comparatively higher 3.08% annualized 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%

VTSPX

• 1D: 0.28%
• 1M: 0.04%
• YTD: 0.97%
• 6M: 1.36%
• 1Y: 3.93%
• 3Y*: 4.69%
• 5Y*: 3.51%
• 10Y*: 3.08%

*Multi-year figures are annualized to reflect compound growth (CAGR)

SCHZ vs. VTSPX - Expense Ratio Comparison

SCHZ has a 0.03% expense ratio, which is lower than VTSPX's 0.04% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

VTSPX

Vanguard Short-Term Inflation-Protected Securities Index Fund Institutional Shares

SCHZ

Schwab U.S. Aggregate Bond ETF

Return for Risk

SCHZ vs. VTSPX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SCHZ

SCHZ Risk / Return Rank: 61
SCHZ Sharpe Ratio Rank: 62
SCHZ Sortino Ratio Rank: 61
SCHZ Omega Ratio Rank: 52
SCHZ Calmar Ratio Rank: 74
SCHZ Martin Ratio Rank: 58

VTSPX

VTSPX Risk / Return Rank: 96
VTSPX Sharpe Ratio Rank: 95
VTSPX Sortino Ratio Rank: 96
VTSPX Omega Ratio Rank: 95
VTSPX Calmar Ratio Rank: 98
VTSPX Martin Ratio Rank: 96

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SCHZ vs. VTSPX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Schwab U.S. Aggregate Bond ETF (SCHZ) and Vanguard Short-Term Inflation-Protected Securities Index Fund Institutional Shares (VTSPX). 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	VTSPX	Difference
Sharpe ratio Return per unit of total volatility	1.03	2.31	-1.27
Sortino ratio Return per unit of downside risk	1.47	3.51	-2.05
Omega ratio Gain probability vs. loss probability	1.18	1.51	-0.33
Calmar ratio Return relative to maximum drawdown	1.81	4.69	-2.88
Martin ratio Return relative to average drawdown	5.21	14.73	-9.52
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SCHZ vs. VTSPX - Sharpe Ratio Comparison

The current SCHZ Sharpe Ratio is 1.03, which is lower than the VTSPX Sharpe Ratio of 2.31. The chart below compares the historical Sharpe Ratios of SCHZ and VTSPX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	SCHZ	VTSPX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.03	2.31	-1.27
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.03	1.32	-1.29
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.30	1.39	-1.09
Sharpe Ratio (All Time) Calculated using the full available price history	0.44	1.05	-0.61

Correlation

The correlation between SCHZ and VTSPX is 0.56, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

SCHZ vs. VTSPX - Dividend Comparison

SCHZ's dividend yield for the trailing twelve months is around 4.07%, more than VTSPX's 3.58% 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%
VTSPX Vanguard Short-Term Inflation-Protected Securities Index Fund Institutional Shares	3.58%	3.81%	2.70%	2.86%	6.84%	4.69%	1.21%	1.96%	2.47%	1.52%	0.80%	0.00%

Drawdowns

SCHZ vs. VTSPX - Drawdown Comparison

The maximum SCHZ drawdown since its inception was -18.74%, which is greater than VTSPX's maximum drawdown of -5.35%. Use the drawdown chart below to compare losses from any high point for SCHZ and VTSPX.

Drawdown Indicators

	SCHZ	VTSPX	Difference
Max Drawdown Largest peak-to-trough decline	-18.74%	-5.35%	-13.39%
Max Drawdown (1Y) Largest decline over 1 year	-2.51%	-0.92%	-1.59%
Max Drawdown (5Y) Largest decline over 5 years	-18.01%	-5.35%	-12.66%
Max Drawdown (10Y) Largest decline over 10 years	-18.74%	-5.35%	-13.39%
Current Drawdown Current decline from peak	-2.71%	-0.28%	-2.43%
Average Drawdown Average peak-to-trough decline	-3.70%	-1.02%	-2.68%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.87%	0.29%	+0.58%

Volatility

SCHZ vs. VTSPX - Volatility Comparison

Schwab U.S. Aggregate Bond ETF (SCHZ) has a higher volatility of 1.66% compared to Vanguard Short-Term Inflation-Protected Securities Index Fund Institutional Shares (VTSPX) at 0.60%. This indicates that SCHZ's price experiences larger fluctuations and is considered to be riskier than VTSPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SCHZ	VTSPX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.66%	0.60%	+1.06%
Volatility (6M) Calculated over the trailing 6-month period	2.49%	0.96%	+1.53%
Volatility (1Y) Calculated over the trailing 1-year period	4.29%	1.78%	+2.51%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.07%	2.67%	+3.40%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.40%	2.23%	+3.17%