VBCD vs. SCHI

Last updated Jul 12, 2026

VBCD (Vanguard Target Maturity 2030 Corporate Bond ETF) and SCHI (Schwab 5-10 Year Corporate Bond ETF) are both Corporate Bonds funds - VBCD tracks the ICE 2030 Maturity US Corporate Constrained Index while SCHI tracks the Bloomberg US 5-10 Year Corporate Bond Index. Both are passively managed. Their correlation of 0.93 suggests significant overlap in exposure. VBCD charges 0.08%/yr vs 0.03%/yr for SCHI.

Performance

VBCD vs. SCHI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Target Maturity 2030 Corporate Bond ETF (VBCD) and Schwab 5-10 Year Corporate Bond ETF (SCHI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

VBCD

• 1D: -0.12%
• 1M: -0.14%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

SCHI

• 1D: -0.22%
• 1M: -0.56%
• 6M: -0.19%
• YTD: -0.01%
• 1Y: 4.59%
• 3Y*: 6.24%
• 5Y*: 0.95%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

VBCD vs. SCHI - Yearly Performance Comparison

	2026 (YTD)
VBCD Vanguard Target Maturity 2030 Corporate Bond ETF	0.81%
SCHI Schwab 5-10 Year Corporate Bond ETF	0.55%

Correlation

The correlation between VBCD and SCHI is 0.93, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 26, 2026	0.93

Return for Risk

VBCD vs. SCHI — Risk / Return Rank

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

VBCD

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

SCHI

SCHI Risk / Return Rank: 34
SCHI Sharpe Ratio Rank: 34
SCHI Sortino Ratio Rank: 34
SCHI Omega Ratio Rank: 31
SCHI Calmar Ratio Rank: 34
SCHI Martin Ratio Rank: 36

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.

VBCD vs. SCHI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Target Maturity 2030 Corporate Bond ETF (VBCD) and Schwab 5-10 Year Corporate Bond ETF (SCHI). 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.

	VBCD	SCHI	Difference
Sharpe ratio: Return per unit of total volatility	—	1.02	—
Sortino ratio: Return per unit of downside risk	—	1.49	—
Omega ratio: Gain probability vs. loss probability	—	1.18	—
Calmar ratio: Return relative to maximum drawdown	—	1.39	—
Martin ratio: Return relative to average drawdown	—	4.38	—

Drawdowns

VBCD vs. SCHI - Drawdown Comparison

The maximum VBCD drawdown since its inception was -1.23%, smaller than the maximum SCHI drawdown of -20.67%. Use the drawdown chart below to compare losses from any high point for VBCD and SCHI.

Drawdown Indicators

	VBCD	SCHI	Difference
Max Drawdown Largest peak-to-trough decline	-1.23%	-20.67%	+19.44%
Max Drawdown (1Y) Largest decline over 1 year	—	-3.01%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-6.14%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-20.67%	—
Current Drawdown Current decline from peak	-0.47%	-1.57%	+1.10%
Average Drawdown Average peak-to-trough decline	-0.36%	-5.64%	+5.28%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.96%	—

Volatility

Volatility by Period

	VBCD	SCHI	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	1.27%	—
Volatility (6M) Calculated over the trailing 6-month period	—	3.27%	—
Volatility (1Y) Calculated over the trailing 1-year period	3.02%	4.12%	-1.10%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.02%	6.67%	-3.65%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.02%	7.36%	-4.34%

VBCD vs. SCHI - Expense Ratio Comparison

VBCD has a 0.08% expense ratio, which is higher than SCHI'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

VBCD vs. SCHI - Dividend Comparison

VBCD's dividend yield for the trailing twelve months is around 0.83%, less than SCHI's 5.08% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
SCHI Schwab 5-10 Year Corporate Bond ETF	5.08%	4.99%	5.11%	4.27%	3.10%	1.93%	2.31%	0.53%
VBCD Vanguard Target Maturity 2030 Corporate Bond ETF	0.83%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both VBCD and SCHI in my portfolio?

With a correlation of 0.93, VBCD and SCHI move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, VBCD or SCHI?

On fees, SCHI is cheaper at 0.03% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, VBCD or SCHI?

SCHI is cheaper with a 0.03% expense ratio, compared with 0.08% for VBCD.

Which ETF pays a higher dividend yield, VBCD or SCHI?

SCHI has the higher dividend yield at 5.08%, compared with 0.83% for VBCD.

What is the main difference between VBCD and SCHI?

VBCD tracks ICE 2030 Maturity US Corporate Constrained Index, while SCHI tracks Bloomberg US 5-10 Year Corporate Bond Index. They also come from different issuers: Vanguard and Charles Schwab. Their fees differ too: 0.08% for VBCD and 0.03% for SCHI.