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SNSXX vs. IBDV
Performance
Return for Risk
Drawdowns
Volatility
Dividends

SNSXX vs. IBDV

Last updated Jun 5, 2026

SNSXX (Schwab U.S. Treasury Money Fund) and IBDV (iShares iBonds Dec 2030 Term Corporate ETF) are both funds - SNSXX is a Money Market fund managed by Charles Schwab, while IBDV is a Corporate Bonds fund tracking the Bloomberg December 2030 Maturity Corporate Index. Over the past 5 years, SNSXX returned 1.38%/yr vs 0.96%/yr for IBDV. At a 0.04 correlation, their price movements are largely independent. SNSXX charges 0.34%/yr vs 0.10%/yr for IBDV.

Performance

SNSXX vs. IBDV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Schwab U.S. Treasury Money Fund (SNSXX) and iShares iBonds Dec 2030 Term Corporate ETF (IBDV). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, SNSXX achieves a 1.40% return, which is significantly higher than IBDV's 0.37% return.

SNSXX

1D
0.00%
1M
0.29%
YTD
1.40%
6M
1.72%
1Y
3.69%
3Y*
2.32%
5Y*
1.38%
10Y*
—

IBDV

1D
0.07%
1M
0.12%
YTD
0.37%
6M
0.71%
1Y
4.55%
3Y*
5.67%
5Y*
0.96%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

SNSXX vs. IBDV - Yearly Performance Comparison

2026 (YTD)20252024202320222021
SNSXX
Schwab U.S. Treasury Money Fund		1.40%3.97%1.61%0.00%0.00%0.00%
IBDV
iShares iBonds Dec 2030 Term Corporate ETF		0.37%8.19%3.42%8.51%-14.67%1.12%

Correlation

The correlation between SNSXX and IBDV is 0.06, 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

0.06

Correlation (3Y)
Calculated over the trailing 3-year period

0.05

Correlation (5Y)
Calculated over the trailing 5-year period

0.04

Correlation (All Time)
Calculated using the full available price history since May 26, 2021

0.04

Compare stocks, funds, or ETFs

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Schwab U.S. Treasury Money Fund

iShares iBonds Dec 2030 Term Corporate ETF

Often compared with SNSXX:
SNSXX vs. SWVXXSNSXX vs. SPAXXSNSXX vs. SGOVSNSXX vs. VMFXXSNSXX vs. BILSNSXX vs. SWPPXSNSXX vs. SPY
Often compared with IBDV:
IBDV vs. SGOVIBDV vs. IBTKIBDV vs. BSCUIBDV vs. VOOIBDV vs. ^GSPCIBDV vs. AGGIBDV vs. SPIB

Return for Risk

SNSXX vs. IBDV — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
SNSXX
IBDV
IBDV Risk / Return Rank: 4747
Overall Rank
IBDV Sharpe Ratio Rank: 4646
Sharpe Ratio Rank
IBDV Sortino Ratio Rank: 5050
Sortino Ratio Rank
IBDV Omega Ratio Rank: 4545
Omega Ratio Rank
IBDV Calmar Ratio Rank: 4545
Calmar Ratio Rank
IBDV Martin Ratio Rank: 4747
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.

SNSXX vs. IBDV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Schwab U.S. Treasury Money Fund (SNSXX) and iShares iBonds Dec 2030 Term Corporate ETF (IBDV). 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.

SNSXXIBDVDifference
Sharpe ratioReturn per unit of total volatility
3.71
1.58

+2.13

Sortino ratioReturn per unit of downside risk

—

2.43

—

Omega ratioGain probability vs. loss probability

—

1.29

—

Calmar ratioReturn relative to maximum drawdown

—

2.21

—

Martin ratioReturn relative to average drawdown

—

7.66

—

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SNSXX vs. IBDV - Sharpe Ratio Comparison

The current SNSXX Sharpe Ratio is 3.71, which is higher than the IBDV Sharpe Ratio of 1.58. The chart below compares the historical Sharpe Ratios of SNSXX and IBDV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

SNSXXIBDVDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

3.71

1.58

+2.13

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

2.09

0.15

+1.94

Sharpe Ratio (All Time)

Calculated using the full available price history

2.08

0.17

+1.91

Drawdowns

SNSXX vs. IBDV - Drawdown Comparison

The maximum SNSXX drawdown since its inception was 0.00%, smaller than the maximum IBDV drawdown of -21.85%. Use the drawdown chart below to compare losses from any high point for SNSXX and IBDV.

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Drawdown Indicators

SNSXXIBDVDifference

Max Drawdown

Largest peak-to-trough decline

0.00%

-21.85%

+21.85%

Max Drawdown (1Y)

Largest decline over 1 year

0.00%

-2.07%

+2.07%

Max Drawdown (3Y)

Largest decline over 3 years

0.00%

-5.64%

+5.64%

Max Drawdown (5Y)

Largest decline over 5 years

0.00%

-21.54%

+21.54%

Current Drawdown

Current decline from peak

0.00%

-0.86%

+0.86%

Average Drawdown

Average peak-to-trough decline

0.00%

-7.21%

+7.21%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.00%

0.60%

-0.60%

Volatility

SNSXX vs. IBDV - Volatility Comparison

The current volatility for Schwab U.S. Treasury Money Fund (SNSXX) is 0.29%, while iShares iBonds Dec 2030 Term Corporate ETF (IBDV) has a volatility of 0.83%. This indicates that SNSXX experiences smaller price fluctuations and is considered to be less risky than IBDV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

SNSXXIBDVDifference

Volatility (1M)

Calculated over the trailing 1-month period

0.29%

0.83%

-0.54%

Volatility (6M)

Calculated over the trailing 6-month period

0.73%

1.98%

-1.25%

Volatility (1Y)

Calculated over the trailing 1-year period

1.05%

2.91%

-1.86%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

0.68%

6.44%

-5.76%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

0.68%

6.26%

-5.58%

SNSXX vs. IBDV - Expense Ratio Comparison

SNSXX has a 0.34% expense ratio, which is higher than IBDV's 0.10% expense ratio.

Dividends

SNSXX vs. IBDV - Dividend Comparison

SNSXX's dividend yield for the trailing twelve months is around 3.62%, less than IBDV's 4.59% yield.

PositionTTM202520242023202220212020
IBDV
iShares iBonds Dec 2030 Term Corporate ETF		4.59%4.57%4.69%4.09%3.02%1.99%0.90%
SNSXX
Schwab U.S. Treasury Money Fund		3.62%3.88%1.59%0.00%0.00%0.00%0.00%

Frequently Asked Questions

SNSXX and IBDV have a correlation of 0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

IBDV has higher volatility (0.83%) compared to SNSXX (0.29%). In terms of maximum drawdown, SNSXX dropped 0.00% vs IBDV's -21.85%.

SNSXX currently has the higher Sharpe Ratio (3.71 vs 1.58), 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

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