SCUS vs. SCHY

Last updated Jun 24, 2026

SCUS (Schwab Ultra-Short Income ETF) and SCHY (Schwab International Dividend Equity ETF) are both exchange-traded funds - SCUS is a Ultrashort Bond fund actively managed by Charles Schwab, while SCHY is a Dividend fund tracking the Dow Jones International Dividend 100 Index. SCUS is actively managed, while SCHY is passively managed. Over the past year, SCUS returned 4.00% vs 21.30% for SCHY. At a 0.12 correlation, their price movements are largely independent. SCUS charges 0.14%/yr vs 0.08%/yr for SCHY.

Performance

SCUS vs. SCHY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Schwab Ultra-Short Income ETF (SCUS) and Schwab International Dividend Equity ETF (SCHY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SCUS achieves a 1.51% return, which is significantly lower than SCHY's 7.30% return.

SCUS

• 1D: 0.02%
• 1M: 0.20%
• YTD: 1.51%
• 6M: 1.61%
• 1Y: 4.00%
• 3Y*: —
• 5Y*: —
• 10Y*: —

SCHY

• 1D: -0.22%
• 1M: -1.91%
• YTD: 7.30%
• 6M: 6.98%
• 1Y: 21.30%
• 3Y*: 14.83%
• 5Y*: 8.00%
• 10Y*: —

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

SCUS vs. SCHY - Yearly Performance Comparison

	2026 (YTD)	2025	2024
SCUS Schwab Ultra-Short Income ETF	1.51%	4.51%	2.00%
SCHY Schwab International Dividend Equity ETF	7.30%	33.98%	-4.03%

Correlation

The correlation between SCUS and SCHY is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.25
Correlation (All Time) Calculated using the full available price history since Aug 13, 2024	0.12

The correlation between SCUS and SCHY shifts across timeframes, from 0.12 (all time) to 0.25 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

SCUS vs. SCHY — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments 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

SCHY

SCHY Risk / Return Rank: 50
SCHY Sharpe Ratio Rank: 54
SCHY Sortino Ratio Rank: 52
SCHY Omega Ratio Rank: 51
SCHY Calmar Ratio Rank: 49
SCHY Martin Ratio Rank: 45

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.

SCUS vs. SCHY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Schwab Ultra-Short Income ETF (SCUS) and Schwab International Dividend Equity ETF (SCHY). 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	SCHY	Difference
Sharpe ratio: Return per unit of total volatility	5.95	1.77	+4.18
Sortino ratio: Return per unit of downside risk	11.42	2.45	+8.97
Omega ratio: Gain probability vs. loss probability	2.61	1.31	+1.29
Calmar ratio: Return relative to maximum drawdown	24.13	2.35	+21.78
Martin ratio: Return relative to average drawdown	104.03	7.09	+96.94

SCUS vs. SCHY - Sharpe Ratio Comparison

The current SCUS Sharpe Ratio is 5.95, which is higher than the SCHY Sharpe Ratio of 1.77. The chart below compares the historical Sharpe Ratios of SCUS and SCHY, 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. SCHY - Drawdown Comparison

The maximum SCUS drawdown since its inception was -0.17%, smaller than the maximum SCHY drawdown of -24.04%. Use the drawdown chart below to compare losses from any high point for SCUS and SCHY.

Drawdown Indicators

	SCUS	SCHY	Difference
Max Drawdown Largest peak-to-trough decline	-0.17%	-24.04%	+23.87%
Max Drawdown (1Y) Largest decline over 1 year	-0.17%	-9.11%	+8.94%
Max Drawdown (3Y) Largest decline over 3 years	—	-12.16%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-24.04%	—
Current Drawdown Current decline from peak	-0.06%	-5.70%	+5.64%
Average Drawdown Average peak-to-trough decline	-0.02%	-4.96%	+4.94%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.04%	3.01%	-2.97%

Volatility

SCUS vs. SCHY - Volatility Comparison

The current volatility for Schwab Ultra-Short Income ETF (SCUS) is 0.22%, while Schwab International Dividend Equity ETF (SCHY) has a volatility of 3.27%. This indicates that SCUS experiences smaller price fluctuations and is considered to be less risky than SCHY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SCUS	SCHY	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.22%	3.27%	-3.05%
Volatility (6M) Calculated over the trailing 6-month period	0.50%	10.08%	-9.58%
Volatility (1Y) Calculated over the trailing 1-year period	0.68%	12.08%	-11.40%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.71%	13.27%	-12.56%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.71%	13.23%	-12.52%

SCUS vs. SCHY - Expense Ratio Comparison

SCUS has a 0.14% expense ratio, which is higher than SCHY's 0.08% 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

SCUS vs. SCHY - Dividend Comparison

SCUS's dividend yield for the trailing twelve months is around 3.91%, more than SCHY's 3.46% yield.

Position	TTM	2025	2024	2023	2022	2021
SCHY Schwab International Dividend Equity ETF	3.46%	3.55%	4.64%	3.97%	3.67%	1.73%
SCUS Schwab Ultra-Short Income ETF	3.91%	4.17%	1.62%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both SCUS and SCHY in my portfolio?

SCUS and SCHY have a correlation of 0.25, 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 SCHY?

SCHY has higher volatility (3.27%) compared to SCUS (0.22%). In terms of maximum drawdown, SCUS dropped -0.17% vs SCHY's -24.04%.

Which ETF is better, SCUS or SCHY?

On 1-year performance, SCHY leads with 21.30% vs 4.00% for SCUS. On fees, SCHY is cheaper at 0.08% per year. On volatility, SCUS has been the lower-risk option at 0.22%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SCUS or SCHY?

Over the 1-year period, SCHY has performed better with a 21.30% return vs 4.00%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SCUS or SCHY?

SCHY is cheaper with a 0.08% expense ratio, compared with 0.14% for SCUS.

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

SCUS has the higher dividend yield at 3.91%, compared with 3.46% for SCHY.

What is the main difference between SCUS and SCHY?

SCUS is categorized as Ultrashort Bond, while SCHY is Dividend. Their fees differ too: 0.14% for SCUS and 0.08% for SCHY.

Which has better risk-adjusted returns?

SCUS currently has the higher Sharpe Ratio (5.95 vs 1.77), 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.