PortfoliosLab logoPortfoliosLab logo
SCYB vs. SCHR
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

SCYB vs. SCHR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Schwab High Yield Bond ETF (SCYB) and Schwab Intermediate-Term U.S. Treasury ETF (SCHR). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, SCYB achieves a 1.84% return, which is significantly higher than SCHR's -0.43% return.


SCYB

1D
-0.08%
1M
0.42%
YTD
1.84%
6M
1.96%
1Y
6.36%
3Y*
5Y*
10Y*

SCHR

1D
0.08%
1M
0.33%
YTD
-0.43%
6M
-0.27%
1Y
2.71%
3Y*
3.53%
5Y*
0.10%
10Y*
1.14%
*Multi-year figures are annualized to reflect compound growth (CAGR)

SCYB vs. SCHR - Yearly Performance Comparison


2026 (YTD)202520242023
SCYB
Schwab High Yield Bond ETF
1.84%8.33%8.15%7.29%
SCHR
Schwab Intermediate-Term U.S. Treasury ETF
-0.43%7.33%1.42%3.56%

Correlation

The correlation between SCYB and SCHR is 0.49, which is low. Their price movements are largely independent, making them effective diversification partners.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.49

Correlation (All Time)
Calculated using the full available price history since Jul 11, 2023

0.54

The correlation between SCYB and SCHR has been stable across timeframes, ranging from 0.49 to 0.54 - a consistent structural relationship.

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Return for Risk

SCYB vs. SCHR — Risk / Return Rank

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

SCYB
SCYB Risk / Return Rank: 5656
Overall Rank
SCYB Sharpe Ratio Rank: 5151
Sharpe Ratio Rank
SCYB Sortino Ratio Rank: 5555
Sortino Ratio Rank
SCYB Omega Ratio Rank: 5555
Omega Ratio Rank
SCYB Calmar Ratio Rank: 5555
Calmar Ratio Rank
SCYB Martin Ratio Rank: 6666
Martin Ratio Rank

SCHR
SCHR Risk / Return Rank: 2222
Overall Rank
SCHR Sharpe Ratio Rank: 2323
Sharpe Ratio Rank
SCHR Sortino Ratio Rank: 2222
Sortino Ratio Rank
SCHR Omega Ratio Rank: 2020
Omega Ratio Rank
SCHR Calmar Ratio Rank: 2222
Calmar Ratio Rank
SCHR Martin Ratio Rank: 2222
Martin Ratio Rank
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.

SCYB vs. SCHR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Schwab High Yield Bond ETF (SCYB) and Schwab Intermediate-Term U.S. Treasury ETF (SCHR). 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.


SCYBSCHRDifference
Sharpe ratioReturn per unit of total volatility

+0.89

Sortino ratioReturn per unit of downside risk

+1.32

Omega ratioGain probability vs. loss probability

1.33

1.14

+0.19

Calmar ratioReturn relative to maximum drawdown

2.62

0.97

+1.64

Martin ratioReturn relative to average drawdown

11.63

2.63

+9.00

SCYB vs. SCHR - Sharpe Ratio Comparison

The current SCYB Sharpe Ratio is 1.69, which is higher than the SCHR Sharpe Ratio of 0.80. The chart below compares the historical Sharpe Ratios of SCYB and SCHR, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


Loading charts...

Drawdowns

SCYB vs. SCHR - Drawdown Comparison

The maximum SCYB drawdown since its inception was -4.92%, smaller than the maximum SCHR drawdown of -16.11%. Use the drawdown chart below to compare losses from any high point for SCYB and SCHR.


Loading charts...

Drawdown Indicators


SCYBSCHRDifference

Max Drawdown

Largest peak-to-trough decline

-4.92%

-16.11%

+11.19%

Max Drawdown (1Y)

Largest decline over 1 year

-2.44%

-2.79%

+0.35%

Max Drawdown (3Y)

Largest decline over 3 years

-4.35%

Max Drawdown (5Y)

Largest decline over 5 years

-15.07%

Max Drawdown (10Y)

Largest decline over 10 years

-16.11%

Current Drawdown

Current decline from peak

-0.23%

-2.37%

+2.14%

Average Drawdown

Average peak-to-trough decline

-0.51%

-3.63%

+3.12%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.55%

1.03%

-0.48%

Volatility

SCYB vs. SCHR - Volatility Comparison

Schwab High Yield Bond ETF (SCYB) and Schwab Intermediate-Term U.S. Treasury ETF (SCHR) have volatilities of 1.01% and 1.06%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


Loading charts...

Volatility by Period


SCYBSCHRDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.01%

1.06%

-0.05%

Volatility (6M)

Calculated over the trailing 6-month period

3.01%

2.48%

+0.53%

Volatility (1Y)

Calculated over the trailing 1-year period

3.79%

3.42%

+0.37%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

5.11%

5.38%

-0.27%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

5.11%

4.47%

+0.64%

SCYB vs. SCHR - Expense Ratio Comparison

SCYB has a 0.03% expense ratio, which is lower than SCHR's 0.05% 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%.


Dividends

SCYB vs. SCHR - Dividend Comparison

SCYB's dividend yield for the trailing twelve months is around 6.92%, more than SCHR's 3.92% yield.


PositionTTM20252024202320222021202020192018201720162015
SCHR
Schwab Intermediate-Term U.S. Treasury ETF
3.92%3.85%3.77%3.16%2.02%1.00%1.62%2.31%2.11%1.65%1.45%1.56%
SCYB
Schwab High Yield Bond ETF
6.92%6.99%7.06%3.36%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions


SCYB and SCHR have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

SCHR has higher volatility (1.06%) compared to SCYB (1.01%). In terms of maximum drawdown, SCYB dropped -4.92% vs SCHR's -16.11%.

On 1-year performance, SCYB leads with 6.36% vs 2.71% for SCHR. On fees, SCYB is cheaper at 0.03% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 1-year period, SCYB has performed better with a 6.36% return vs 2.71%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

SCYB is cheaper with a 0.03% expense ratio, compared with 0.05% for SCHR.

SCYB has the higher dividend yield at 6.92%, compared with 3.92% for SCHR.

SCYB is categorized as High Yield Bonds, while SCHR is Government Bonds. SCYB tracks ICE BofA US Cash Pay High Yield Constrained Index, while SCHR tracks Bloomberg US Treasury 3-10 Year Index. Their fees differ too: 0.03% for SCYB and 0.05% for SCHR.

SCYB currently has the higher Sharpe Ratio (1.69 vs 0.80), 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.

Portfolio Optimizer

Find the right allocation for SCYB and SCHR

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Optimizer