SHAG vs. SCHJ
SHAG (WisdomTree Yield Enhanced U.S. Short-Term Aggregate Bond ETF) and SCHJ (Schwab 1-5 Year Corporate Bond ETF) are both Short-Term Bond funds - SHAG tracks the Bloomberg U.S. Short Aggregate Enhanced Yield Index while SCHJ tracks the Bloomberg US 1-5 Year Corporate Bond Index. Both are passively managed. Over the past 5 years, SHAG returned 1.55%/yr vs 2.31%/yr for SCHJ. Their correlation of 0.83 means they have usually moved in the same direction. SHAG charges 0.12%/yr vs 0.03%/yr for SCHJ.
Performance
SHAG vs. SCHJ - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SHAG achieves a 0.60% return, which is significantly lower than SCHJ's 0.75% return.
SHAG
- 1D
- -0.04%
- 1M
- -0.16%
- 6M
- 0.22%
- YTD
- 0.60%
- 1Y
- 2.71%
- 3Y*
- 4.76%
- 5Y*
- 1.55%
- 10Y*
- —
- ALL TIME*
- 2.11%
SCHJ
- 1D
- -0.06%
- 1M
- -0.28%
- 6M
- 0.42%
- YTD
- 0.75%
- 1Y
- 2.99%
- 3Y*
- 5.46%
- 5Y*
- 2.31%
- 10Y*
- —
- ALL TIME*
- 2.60%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $5.98M | $7.81M | $6.46M | |
| $1.23M | $622.18K | $325.38K |
SHAG vs. SCHJ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
SHAG WisdomTree Yield Enhanced U.S. Short-Term Aggregate Bond ETF | 0.60% | 6.27% | 4.30% | 4.61% | -6.37% | -0.91% | 4.70% | 0.14% |
SCHJ Schwab 1-5 Year Corporate Bond ETF | 0.75% | 6.80% | 4.89% | 6.36% | -5.73% | -0.67% | 5.30% | 0.61% |
Correlation
The correlation between SHAG and SCHJ is 0.89, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.89 |
Correlation (3Y) Balances recent behavior with more history. | 0.87 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.88 |
Correlation (All Time) Calculated using the full available price history since Oct 10, 2019 | 0.83 |
The correlation between SHAG and SCHJ has been stable across timeframes, ranging from 0.83 to 0.89 - 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
SHAG vs. SCHJ — Risk / Return Rank
SHAG
SCHJ
SHAG vs. SCHJ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Yield Enhanced U.S. Short-Term Aggregate Bond ETF (SHAG) 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.
| SHAG | SCHJ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.07 | ||
| Sortino ratioReturn per unit of downside risk | -0.03 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.35 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 2.42 | 2.44 | -0.02 |
| Martin ratioReturn relative to average drawdown | 7.93 | 9.17 | -1.24 |
Loading charts...
Drawdowns
SHAG vs. SCHJ - Drawdown Comparison
The maximum SHAG drawdown since its inception was -9.62%, smaller than the maximum SCHJ drawdown of -13.62%. Use the drawdown chart below to compare losses from any high point for SHAG and SCHJ.
Loading charts...
Drawdown Indicators
| SHAG | SCHJ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -9.62% | -13.62% | +4.00% |
Max Drawdown (1Y)Largest decline over 1 year | -1.38% | -1.47% | +0.09% |
Max Drawdown (3Y)Largest decline over 3 years | -1.38% | -1.47% | +0.09% |
Max Drawdown (5Y)Largest decline over 5 years | -9.62% | -9.43% | -0.19% |
Current DrawdownCurrent decline from peak | -0.42% | -0.33% | -0.09% |
Average DrawdownAverage peak-to-trough decline | -1.85% | -1.85% | 0.00% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.42% | 0.39% | +0.03% |
Volatility
SHAG vs. SCHJ - Volatility Comparison
WisdomTree Yield Enhanced U.S. Short-Term Aggregate Bond ETF (SHAG) and Schwab 1-5 Year Corporate Bond ETF (SCHJ) have volatilities of 0.52% and 0.53%, 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
| SHAG | SCHJ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.52% | 0.53% | -0.01% |
Volatility (6M)Calculated over the trailing 6-month period | 1.48% | 1.53% | -0.05% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.86% | 1.93% | -0.07% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.76% | 2.95% | -0.19% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.57% | 4.10% | -1.53% |
SHAG vs. SCHJ - Expense Ratio Comparison
SHAG has a 0.12% expense ratio, which is higher than SCHJ's 0.03% 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
SHAG vs. SCHJ - Dividend Comparison
SHAG's dividend yield for the trailing twelve months is around 4.26%, less than SCHJ's 4.50% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
SCHJ Schwab 1-5 Year Corporate Bond ETF | 4.09% | 4.42% | 4.00% | 2.98% | 1.64% | 0.94% | 2.54% | 0.42% | 0.00% | 0.00% |
SHAG WisdomTree Yield Enhanced U.S. Short-Term Aggregate Bond ETF | 4.26% | 4.33% | 4.49% | 3.04% | 1.38% | 0.92% | 2.33% | 2.71% | 2.56% | 0.77% |
Frequently Asked Questions
SHAG and SCHJ have a correlation of 0.89, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SCHJ has higher volatility (0.53%) compared to SHAG (0.52%). In terms of maximum drawdown, SHAG dropped -9.62% vs SCHJ's -13.62%.
On 5-year performance, SCHJ leads with 2.31% vs 1.55% for SHAG. On fees, SCHJ 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 5-year period, SCHJ has performed better with a 2.31% return vs 1.55%. 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 0.12% for SHAG.
SHAG has the higher dividend yield at 4.26%, compared with 4.09% for SCHJ.
SHAG tracks Bloomberg U.S. Short Aggregate Enhanced Yield Index, while SCHJ tracks Bloomberg US 1-5 Year Corporate Bond Index. They also come from different issuers: WisdomTree and Charles Schwab. Their fees differ too: 0.12% for SHAG and 0.03% for SCHJ.
SCHJ currently has the higher Sharpe Ratio (1.86 vs 1.79), 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.
Find the right allocation for SHAG and SCHJ
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