PortfoliosLab logo
SHV vs. SCHO
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between SHV and SCHO is -0.02. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.


Performance

SHV vs. SCHO - Performance Comparison

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

16.00%17.00%18.00%19.00%20.00%December2025FebruaryMarchAprilMay
20.06%
19.32%
SHV
SCHO

Key characteristics

Sharpe Ratio

SHV:

20.91

SCHO:

3.20

Sortino Ratio

SHV:

280.58

SCHO:

5.18

Omega Ratio

SHV:

132.04

SCHO:

1.70

Calmar Ratio

SHV:

536.52

SCHO:

5.83

Martin Ratio

SHV:

4,560.80

SCHO:

17.11

Ulcer Index

SHV:

0.00%

SCHO:

0.33%

Daily Std Dev

SHV:

0.23%

SCHO:

1.79%

Max Drawdown

SHV:

-0.46%

SCHO:

-5.69%

Current Drawdown

SHV:

0.00%

SCHO:

-0.44%

Returns By Period

In the year-to-date period, SHV achieves a 1.44% return, which is significantly lower than SCHO's 2.30% return. Over the past 10 years, SHV has outperformed SCHO with an annualized return of 1.83%, while SCHO has yielded a comparatively lower 1.47% annualized return.


SHV

YTD

1.44%

1M

0.31%

6M

2.14%

1Y

4.83%

5Y*

2.47%

10Y*

1.83%

SCHO

YTD

2.30%

1M

0.01%

6M

2.52%

1Y

5.68%

5Y*

1.14%

10Y*

1.47%

*Annualized

Compare stocks, funds, or ETFs

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


SHV vs. SCHO - Expense Ratio Comparison

SHV has a 0.15% expense ratio, which is higher than SCHO's 0.05% 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%.


Risk-Adjusted Performance

SHV vs. SCHO — Risk-Adjusted Performance Rank

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

SHV
The Risk-Adjusted Performance Rank of SHV is 100100
Overall Rank
The Sharpe Ratio Rank of SHV is 100100
Sharpe Ratio Rank
The Sortino Ratio Rank of SHV is 100100
Sortino Ratio Rank
The Omega Ratio Rank of SHV is 100100
Omega Ratio Rank
The Calmar Ratio Rank of SHV is 100100
Calmar Ratio Rank
The Martin Ratio Rank of SHV is 100100
Martin Ratio Rank

SCHO
The Risk-Adjusted Performance Rank of SCHO is 9898
Overall Rank
The Sharpe Ratio Rank of SCHO is 9898
Sharpe Ratio Rank
The Sortino Ratio Rank of SCHO is 9898
Sortino Ratio Rank
The Omega Ratio Rank of SCHO is 9898
Omega Ratio Rank
The Calmar Ratio Rank of SCHO is 9898
Calmar Ratio Rank
The Martin Ratio Rank of SCHO is 9797
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

SHV vs. SCHO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Short Treasury Bond ETF (SHV) and Schwab Short-Term U.S. Treasury ETF (SCHO). 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.


The current SHV Sharpe Ratio is 20.91, which is higher than the SCHO Sharpe Ratio of 3.20. The chart below compares the historical Sharpe Ratios of SHV and SCHO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.005.0010.0015.0020.00December2025FebruaryMarchAprilMay
20.91
3.20
SHV
SCHO

Dividends

SHV vs. SCHO - Dividend Comparison

SHV's dividend yield for the trailing twelve months is around 4.70%, more than SCHO's 4.23% yield.


TTM20242023202220212020201920182017201620152014
SHV
iShares Short Treasury Bond ETF
4.70%5.02%4.73%1.39%0.00%0.74%2.19%1.66%0.72%0.34%0.03%0.00%
SCHO
Schwab Short-Term U.S. Treasury ETF
4.23%4.29%3.76%1.34%0.41%1.27%2.26%1.78%1.12%0.82%0.68%0.47%

Drawdowns

SHV vs. SCHO - Drawdown Comparison

The maximum SHV drawdown since its inception was -0.46%, smaller than the maximum SCHO drawdown of -5.69%. Use the drawdown chart below to compare losses from any high point for SHV and SCHO. For additional features, visit the drawdowns tool.


-1.00%-0.80%-0.60%-0.40%-0.20%0.00%December2025FebruaryMarchAprilMay0
-0.44%
SHV
SCHO

Volatility

SHV vs. SCHO - Volatility Comparison

The current volatility for iShares Short Treasury Bond ETF (SHV) is 0.06%, while Schwab Short-Term U.S. Treasury ETF (SCHO) has a volatility of 0.63%. This indicates that SHV experiences smaller price fluctuations and is considered to be less risky than SCHO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%0.20%0.40%0.60%0.80%December2025FebruaryMarchAprilMay
0.06%
0.63%
SHV
SCHO