SCUS vs. DFII

Last updated Aug 2, 2026

SCUS (Schwab Ultra-Short Income ETF) and DFII (FT Vest Bitcoin Strategy & Target Income ETF) are both exchange-traded funds - SCUS is a Ultrashort Bond fund actively managed by Charles Schwab, while DFII is a Cryptocurrency fund actively managed by First Trust. Both are actively managed. Over the past year, SCUS returned 3.86% vs -43.11% for DFII. Their -0.08 correlation means they have often moved in opposite directions in the past. SCUS charges 0.14%/yr vs 0.85%/yr for DFII.

Performance

SCUS vs. DFII - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Schwab Ultra-Short Income ETF (SCUS) and FT Vest Bitcoin Strategy & Target Income ETF (DFII). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SCUS achieves a 2.02% return, which is significantly higher than DFII's -27.40% return.

SCUS

• 1D: 0.06%
• 1M: 0.36%
• 6M: 1.74%
• YTD: 2.02%
• 1Y: 3.86%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 4.37%

DFII

• 1D: -2.83%
• 1M: 2.62%
• 6M: -23.81%
• YTD: -27.40%
• 1Y: -43.11%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: -17.93%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
DFII FT Vest Bitcoin Strategy & Target Income ETF	$88.68K	$90.02K	$142.07K
SCUS Schwab Ultra-Short Income ETF	$2.59M	$2.50M	$2.92M

SCUS vs. DFII - Yearly Performance Comparison

	2026 (YTD)	2025
SCUS Schwab Ultra-Short Income ETF	2.02%	3.39%
DFII FT Vest Bitcoin Strategy & Target Income ETF	-27.40%	6.01%

Correlation

The correlation between SCUS and DFII is -0.10, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	-0.10
Correlation (All Time) Calculated using the full available price history since Apr 3, 2025	-0.08

Return for Risk

SCUS vs. DFII — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

SCUS

SCUS Risk / Return Rank: 99
SCUS Sharpe Ratio Rank: 99
SCUS Sortino Ratio Rank: 99
SCUS Omega Ratio Rank: 99
SCUS Calmar Ratio Rank: 99
SCUS Martin Ratio Rank: 99

DFII

DFII Risk / Return Rank: 1
DFII Sharpe Ratio Rank: 1
DFII Sortino Ratio Rank: 2
DFII Omega Ratio Rank: 2
DFII Calmar Ratio Rank: 2
DFII Martin Ratio Rank: 2

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

SCUS vs. DFII - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Schwab Ultra-Short Income ETF (SCUS) and FT Vest Bitcoin Strategy & Target Income ETF (DFII). 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.

	SCUS	DFII	Difference
Sharpe ratio: Return per unit of total volatility	5.76	-1.06	+6.82
Sortino ratio: Return per unit of downside risk	10.88	-1.59	+12.47
Omega ratio: Gain probability vs. loss probability	2.53	0.82	+1.71
Calmar ratio: Return relative to maximum drawdown	23.81	-0.88	+24.69
Martin ratio: Return relative to average drawdown	100.29	-1.36	+101.64

SCUS vs. DFII - Sharpe Ratio Comparison

The current SCUS Sharpe Ratio is 5.76, which is higher than the DFII Sharpe Ratio of -1.06. The chart below compares the historical Sharpe Ratios of SCUS and DFII, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

SCUS vs. DFII - Drawdown Comparison

The maximum SCUS drawdown since its inception was -0.17%, smaller than the maximum DFII drawdown of -51.04%. Use the drawdown chart below to compare losses from any high point for SCUS and DFII.

Drawdown Indicators

	SCUS	DFII	Difference
Max Drawdown Largest peak-to-trough decline	-0.17%	-51.04%	+50.87%
Max Drawdown (1Y) Largest decline over 1 year	-0.17%	-51.04%	+50.87%
Current Drawdown Current decline from peak	0.00%	-47.83%	+47.83%
Average Drawdown Average peak-to-trough decline	-0.02%	-22.41%	+22.39%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.04%	33.07%	-33.03%

Volatility

SCUS vs. DFII - Volatility Comparison

The current volatility for Schwab Ultra-Short Income ETF (SCUS) is 0.20%, while FT Vest Bitcoin Strategy & Target Income ETF (DFII) has a volatility of 8.18%. This indicates that SCUS experiences smaller price fluctuations and is considered to be less risky than DFII based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SCUS	DFII	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.20%	8.18%	-7.98%
Volatility (6M) Calculated over the trailing 6-month period	0.52%	32.47%	-31.95%
Volatility (1Y) Calculated over the trailing 1-year period	0.69%	42.19%	-41.50%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.70%	40.35%	-39.65%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.70%	40.35%	-39.65%

SCUS vs. DFII - Expense Ratio Comparison

SCUS has a 0.14% expense ratio, which is lower than DFII's 0.85% expense ratio.

Dividends

SCUS vs. DFII - Dividend Comparison

SCUS's dividend yield for the trailing twelve months is around 3.89%, less than DFII's 27.67% yield.

Position	TTM	2025	2024
DFII FT Vest Bitcoin Strategy & Target Income ETF	24.34%	15.51%	0.00%
SCUS Schwab Ultra-Short Income ETF	3.51%	4.17%	1.62%

Frequently Asked Questions

Can I hold both SCUS and DFII in my portfolio?

SCUS and DFII have a correlation of -0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SCUS or DFII?

DFII has higher volatility (8.18%) compared to SCUS (0.20%). In terms of maximum drawdown, SCUS dropped -0.17% vs DFII's -51.04%.

Which ETF is better, SCUS or DFII?

On 1-year performance, SCUS leads with 3.86% vs -43.11% for DFII. On fees, SCUS is cheaper at 0.14% per year. On volatility, SCUS has been the lower-risk option at 0.20%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SCUS or DFII?

Over the 1-year period, SCUS has performed better with a 3.86% return vs -43.11%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SCUS or DFII?

SCUS is cheaper with a 0.14% expense ratio, compared with 0.85% for DFII.

Which ETF pays a higher dividend yield, SCUS or DFII?

DFII has the higher dividend yield at 24.34%, compared with 3.51% for SCUS.

What is the main difference between SCUS and DFII?

SCUS is categorized as Ultrashort Bond, while DFII is Cryptocurrency. They also come from different issuers: Charles Schwab and First Trust. Their fees differ too: 0.14% for SCUS and 0.85% for DFII.

Which has better risk-adjusted returns?

SCUS currently has the higher Sharpe Ratio (5.76 vs -1.06), 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.