SCRD vs. SCHJ
SCRD (Janus Henderson Corporate Bond ETF) and SCHJ (Schwab 1-5 Year Corporate Bond ETF) are both exchange-traded funds - SCRD is a Corporate Bonds fund actively managed by Janus Henderson, while SCHJ is a Short-Term Bond fund tracking the Bloomberg US 1-5 Year Corporate Bond Index. SCRD is actively managed, while SCHJ is passively managed. Over the past 3 years, SCRD returned 5.50%/yr vs 5.41%/yr for SCHJ. Their correlation of 0.81 means they have usually moved in the same direction. SCRD charges 0.35%/yr vs 0.03%/yr for SCHJ.
Performance
SCRD vs. SCHJ - Performance Comparison
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Returns By Period
In the year-to-date period, SCRD achieves a -0.71% return, which is significantly lower than SCHJ's 0.85% return.
SCRD
- 1D
- 0.11%
- 1M
- -1.50%
- 6M
- -1.08%
- YTD
- -0.71%
- 1Y
- 2.34%
- 3Y*
- 5.50%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- -0.02%
SCHJ
- 1D
- 0.10%
- 1M
- -0.18%
- 6M
- 0.56%
- YTD
- 0.85%
- 1Y
- 3.10%
- 3Y*
- 5.41%
- 5Y*
- 2.32%
- 10Y*
- —
- ALL TIME*
- 2.61%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $5.83M | $7.78M | $6.51M | |
| $65.87K | $38.15K | $26.34K |
SCRD vs. SCHJ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
SCRD Janus Henderson Corporate Bond ETF | -0.71% | 7.77% | 3.21% | 8.76% | -15.99% | -1.00% |
SCHJ Schwab 1-5 Year Corporate Bond ETF | 0.85% | 6.80% | 4.89% | 6.36% | -5.73% | -0.89% |
Correlation
The correlation between SCRD and SCHJ is 0.78, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.78 |
Correlation (3Y) Balances recent behavior with more history. | 0.81 |
Correlation (All Time) Calculated using the full available price history since Sep 9, 2021 | 0.81 |
The correlation between SCRD and SCHJ has been stable across timeframes, ranging from 0.78 to 0.81 - a consistent structural relationship.
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Return for Risk
SCRD vs. SCHJ — Risk / Return Rank
SCRD
SCHJ
SCRD vs. SCHJ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Janus Henderson Corporate Bond ETF (SCRD) and Schwab 1-5 Year Corporate Bond ETF (SCHJ). 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.
| SCRD | SCHJ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.03 | ||
| Sortino ratioReturn per unit of downside risk | -1.48 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 1.31 | -0.19 |
| Calmar ratioReturn relative to maximum drawdown | 0.82 | 2.11 | -1.29 |
| Martin ratioReturn relative to average drawdown | 2.52 | 7.94 | -5.42 |
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Drawdowns
SCRD vs. SCHJ - Drawdown Comparison
The maximum SCRD drawdown since its inception was -21.17%, which is greater than SCHJ's maximum drawdown of -13.62%. Use the drawdown chart below to compare losses from any high point for SCRD and SCHJ.
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Drawdown Indicators
| SCRD | SCHJ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.17% | -13.62% | -7.55% |
Max Drawdown (1Y)Largest decline over 1 year | -2.87% | -1.47% | -1.40% |
Max Drawdown (3Y)Largest decline over 3 years | -5.59% | -1.47% | -4.12% |
Max Drawdown (5Y)Largest decline over 5 years | — | -9.35% | — |
Current DrawdownCurrent decline from peak | -1.91% | -0.22% | -1.69% |
Average DrawdownAverage peak-to-trough decline | -8.51% | -1.84% | -6.67% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.93% | 0.39% | +0.54% |
Volatility
SCRD vs. SCHJ - Volatility Comparison
Janus Henderson Corporate Bond ETF (SCRD) has a higher volatility of 0.87% compared to Schwab 1-5 Year Corporate Bond ETF (SCHJ) at 0.51%. This indicates that SCRD's price experiences larger fluctuations and is considered to be riskier than SCHJ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SCRD | SCHJ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.87% | 0.51% | +0.36% |
Volatility (6M)Calculated over the trailing 6-month period | 2.90% | 1.53% | +1.37% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.60% | 1.86% | +1.74% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.23% | 2.96% | +3.27% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.23% | 4.10% | +2.13% |
SCRD vs. SCHJ - Expense Ratio Comparison
SCRD has a 0.35% expense ratio, which is higher than SCHJ's 0.03% expense ratio.
Dividends
SCRD vs. SCHJ - Dividend Comparison
SCRD's dividend yield for the trailing twelve months is around 5.54%, more than SCHJ's 4.53% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
SCHJ Schwab 1-5 Year Corporate Bond ETF | 4.53% | 4.42% | 4.00% | 2.98% | 1.64% | 0.94% | 2.54% | 0.42% |
SCRD Janus Henderson Corporate Bond ETF | 5.54% | 5.28% | 5.36% | 3.99% | 2.77% | 0.83% | 0.00% | 0.00% |
Frequently Asked Questions
SCRD and SCHJ have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SCRD has higher volatility (0.87%) compared to SCHJ (0.51%). In terms of maximum drawdown, SCRD dropped -21.17% vs SCHJ's -13.62%.
On 3-year performance, SCRD leads with 5.50% vs 5.41% for SCHJ. On fees, SCHJ is cheaper at 0.03% per year. On volatility, SCHJ has been the lower-risk option at 0.51%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, SCRD has performed better with a 5.50% return vs 5.41%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
SCHJ is cheaper with a 0.03% expense ratio, compared with 0.35% for SCRD.
SCRD has the higher dividend yield at 5.54%, compared with 4.53% for SCHJ.
SCRD is categorized as Corporate Bonds, while SCHJ is Short-Term Bond. They also come from different issuers: Janus Henderson and Charles Schwab. Their fees differ too: 0.35% for SCRD and 0.03% for SCHJ.
SCHJ currently has the higher Sharpe Ratio (1.68 vs 0.65), 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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