SCUS vs. SNSXX
SCUS (Schwab Ultra-Short Income ETF) and SNSXX (Schwab U.S. Treasury Money Fund) are both funds - SCUS is a Ultrashort Bond fund actively managed by Charles Schwab, while SNSXX is a Money Market fund managed by Charles Schwab. Over the past year, SCUS returned 4.17% vs 3.69% for SNSXX. At a 0.08 correlation, their price movements are largely independent.
Performance
SCUS vs. SNSXX - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with SCUS having a 1.43% return and SNSXX slightly lower at 1.40%.
SCUS
- 1D
- -0.02%
- 1M
- 0.37%
- YTD
- 1.43%
- 6M
- 1.78%
- 1Y
- 4.17%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SNSXX
- 1D
- 0.00%
- 1M
- 0.29%
- YTD
- 1.40%
- 6M
- 1.72%
- 1Y
- 3.69%
- 3Y*
- 2.32%
- 5Y*
- 1.38%
- 10Y*
- —
SCUS vs. SNSXX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
SCUS Schwab Ultra-Short Income ETF | 1.43% | 4.51% | 2.06% |
SNSXX Schwab U.S. Treasury Money Fund | 1.40% | 3.97% | 1.19% |
Correlation
The correlation between SCUS and SNSXX is 0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.04 |
Correlation (All Time) Calculated using the full available price history since Aug 14, 2024 | 0.08 |
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Return for Risk
SCUS vs. SNSXX — Risk / Return Rank
SCUS
SNSXX
SCUS vs. SNSXX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab Ultra-Short Income ETF (SCUS) and Schwab U.S. Treasury Money Fund (SNSXX). 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.
| SCUS | SNSXX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.57 | ||
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 2.76 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 25.13 | — | — |
| Martin ratioReturn relative to average drawdown | 111.55 | — | — |
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
| SCUS | SNSXX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 6.28 | 3.71 | +2.57 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 2.09 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 6.42 | 2.08 | +4.34 |
Drawdowns
SCUS vs. SNSXX - Drawdown Comparison
The maximum SCUS drawdown since its inception was -0.17%, which is greater than SNSXX's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for SCUS and SNSXX.
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Drawdown Indicators
| SCUS | SNSXX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -0.17% | 0.00% | -0.17% |
Max Drawdown (1Y)Largest decline over 1 year | -0.17% | 0.00% | -0.17% |
Max Drawdown (3Y)Largest decline over 3 years | — | 0.00% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | 0.00% | — |
Current DrawdownCurrent decline from peak | -0.02% | 0.00% | -0.02% |
Average DrawdownAverage peak-to-trough decline | -0.02% | 0.00% | -0.02% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.04% | 0.00% | +0.04% |
Volatility
SCUS vs. SNSXX - Volatility Comparison
The current volatility for Schwab Ultra-Short Income ETF (SCUS) is 0.20%, while Schwab U.S. Treasury Money Fund (SNSXX) has a volatility of 0.29%. This indicates that SCUS experiences smaller price fluctuations and is considered to be less risky than SNSXX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SCUS | SNSXX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.20% | 0.29% | -0.09% |
Volatility (6M)Calculated over the trailing 6-month period | 0.47% | 0.73% | -0.26% |
Volatility (1Y)Calculated over the trailing 1-year period | 0.67% | 1.05% | -0.38% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 0.70% | 0.68% | +0.02% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 0.70% | 0.68% | +0.02% |
Dividends
SCUS vs. SNSXX - Dividend Comparison
SCUS's dividend yield for the trailing twelve months is around 3.91%, more than SNSXX's 3.62% yield.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
SCUS Schwab Ultra-Short Income ETF | 3.91% | 4.17% | 1.62% |
SNSXX Schwab U.S. Treasury Money Fund | 3.62% | 3.88% | 1.59% |
Frequently Asked Questions
SCUS and SNSXX have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SNSXX has higher volatility (0.29%) compared to SCUS (0.20%). In terms of maximum drawdown, SCUS dropped -0.17% vs SNSXX's 0.00%.
SCUS currently has the higher Sharpe Ratio (6.28 vs 3.71), 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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