STOT vs. SCHO
STOT (State Street DoubleLine Short Duration Total Return Tactical ETF) and SCHO (Schwab Short-Term U.S. Treasury ETF) are both exchange-traded funds - STOT is a Short-Term Bond fund tracking the Bloomberg U.S. Aggregate 1-3 Year Index, while SCHO is a Government Bonds fund tracking the Bloomberg U.S. Treasury 1-3 Year Index. Both are passively managed. Over the past 10 years, STOT returned 2.38%/yr vs 1.72%/yr for SCHO. Their 0.47 correlation means their historical movements had little consistent relationship. STOT charges 0.45%/yr vs 0.03%/yr for SCHO.
Performance
STOT vs. SCHO - Performance Comparison
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Returns By Period
In the year-to-date period, STOT achieves a 1.31% return, which is significantly higher than SCHO's 0.79% return. Over the past 10 years, STOT has outperformed SCHO with an annualized return of 2.38%, while SCHO has yielded a comparatively lower 1.72% annualized return.
STOT
- 1D
- -0.02%
- 1M
- -0.01%
- 6M
- 0.95%
- YTD
- 1.31%
- 1Y
- 3.42%
- 3Y*
- 5.09%
- 5Y*
- 2.80%
- 10Y*
- 2.38%
- ALL TIME*
- 2.43%
SCHO
- 1D
- -0.04%
- 1M
- 0.04%
- 6M
- 0.58%
- YTD
- 0.79%
- 1Y
- 2.63%
- 3Y*
- 4.31%
- 5Y*
- 1.87%
- 10Y*
- 1.72%
- ALL TIME*
- 1.35%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $59.23M | $61.44M | $84.14M | |
| $3.99M | $3.46M | $3.76M |
STOT vs. SCHO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
STOT State Street DoubleLine Short Duration Total Return Tactical ETF | 1.31% | 5.56% | 5.26% | 6.39% | -3.75% | 0.27% | 2.43% | 4.40% | 0.95% | 1.71% |
SCHO Schwab Short-Term U.S. Treasury ETF | 0.79% | 5.49% | 3.65% | 4.31% | -3.87% | -0.64% | 3.11% | 3.47% | 1.37% | 0.33% |
Correlation
The correlation between STOT and SCHO is 0.65, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.65 |
Correlation (3Y) Balances recent behavior with more history. | 0.58 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.59 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.48 |
Correlation (All Time) Calculated using the full available price history since Apr 14, 2016 | 0.47 |
The correlation between STOT and SCHO shifts across timeframes, from 0.47 (all time) to 0.65 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
STOT vs. SCHO — Risk / Return Rank
STOT
SCHO
STOT vs. SCHO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for State Street DoubleLine Short Duration Total Return Tactical ETF (STOT) 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.
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.
| STOT | SCHO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.02 | ||
| Sortino ratioReturn per unit of downside risk | +1.40 | ||
| Omega ratioGain probability vs. loss probability | 1.65 | 1.45 | +0.20 |
| Calmar ratioReturn relative to maximum drawdown | 4.84 | 3.66 | +1.18 |
| Martin ratioReturn relative to average drawdown | 20.60 | 15.34 | +5.26 |
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Drawdowns
STOT vs. SCHO - Drawdown Comparison
The maximum STOT drawdown since its inception was -6.07%, which is greater than SCHO's maximum drawdown of -5.69%. Use the drawdown chart below to compare losses from any high point for STOT and SCHO.
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Drawdown Indicators
| STOT | SCHO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -6.07% | -5.69% | -0.38% |
Max Drawdown (1Y)Largest decline over 1 year | -0.76% | -0.86% | +0.10% |
Max Drawdown (3Y)Largest decline over 3 years | -0.76% | -0.98% | +0.22% |
Max Drawdown (5Y)Largest decline over 5 years | -6.00% | -5.65% | -0.35% |
Max Drawdown (10Y)Largest decline over 10 years | -6.07% | -5.69% | -0.38% |
Current DrawdownCurrent decline from peak | -0.10% | -0.04% | -0.06% |
Average DrawdownAverage peak-to-trough decline | -0.83% | -0.61% | -0.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.18% | 0.20% | -0.02% |
Volatility
STOT vs. SCHO - Volatility Comparison
The current volatility for State Street DoubleLine Short Duration Total Return Tactical ETF (STOT) is 0.30%, while Schwab Short-Term U.S. Treasury ETF (SCHO) has a volatility of 0.37%. This indicates that STOT 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.
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Volatility by Period
| STOT | SCHO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.30% | 0.37% | -0.07% |
Volatility (6M)Calculated over the trailing 6-month period | 0.89% | 1.03% | -0.14% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.14% | 1.41% | -0.27% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 1.73% | 2.00% | -0.27% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.20% | 1.56% | +0.64% |
STOT vs. SCHO - Expense Ratio Comparison
STOT has a 0.45% expense ratio, which is higher than SCHO's 0.03% expense ratio.
Dividends
STOT vs. SCHO - Dividend Comparison
STOT's dividend yield for the trailing twelve months is around 4.42%, more than SCHO's 3.90% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SCHO Schwab Short-Term U.S. Treasury ETF | 3.53% | 4.06% | 4.29% | 3.76% | 1.34% | 0.41% | 1.27% | 2.27% | 1.60% | 1.12% | 0.82% | 0.68% |
STOT State Street DoubleLine Short Duration Total Return Tactical ETF | 4.06% | 4.52% | 5.10% | 4.53% | 2.54% | 1.76% | 1.66% | 2.61% | 2.50% | 1.95% | 2.08% | 0.00% |
Frequently Asked Questions
STOT and SCHO have a correlation of 0.65, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SCHO has higher volatility (0.37%) compared to STOT (0.30%). In terms of maximum drawdown, STOT dropped -6.07% vs SCHO's -5.69%.
On 10-year performance, STOT leads with 2.38% vs 1.72% for SCHO. On fees, SCHO 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 10-year period, STOT has performed better with a 2.38% return vs 1.72%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
SCHO is cheaper with a 0.03% expense ratio, compared with 0.45% for STOT.
STOT has the higher dividend yield at 4.06%, compared with 3.53% for SCHO.
STOT is categorized as Short-Term Bond, while SCHO is Government Bonds. STOT tracks Bloomberg U.S. Aggregate 1-3 Year Index, while SCHO tracks Bloomberg U.S. Treasury 1-3 Year Index. They also come from different issuers: State Street and Charles Schwab. Their fees differ too: 0.45% for STOT and 0.03% for SCHO.
STOT currently has the higher Sharpe Ratio (3.25 vs 2.24), 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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