SCHI vs VOO
SCHI vs VOO
Schwab 5-10 Year Corporate Bond ETF vs Vanguard S&P 500 ETF
Quick Verdict
VOO delivered stronger 1-year returns. VOO offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | SCHI | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.03% | |
| AUM | $11.5B | $979.0B | |
| Dividend Yield | 5.02% | 1.09% | |
| Holdings | 2,316 | 509 | |
| YTD Return | -0.37% | +13.80% | |
| 1Y Return | +2.38% | +23.71% | |
| 3Y Return (annualized) | +5.67% | +21.50% | |
| 5Y Return (annualized) | +0.79% | +13.44% | |
| Volatility (annualized) | 7.6% | 14.1% | |
| Max Drawdown | -20.7% | -34.3% | |
| Fund Family | Charles Schwab Asset Management | Vanguard (US) | |
| Category | Fixed Income | Equity | |
| Inception | Oct 10, 2019 | Sep 7, 2010 |
SCHI vs VOO Performance
Schwab 5-10 Year Corporate Bond ETF (SCHI) is a ETF from Charles Schwab Asset Management and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year SCHI returned +2.38% while VOO returned +23.71%. Year to date, SCHI is down 0.37% versus a gain of 13.80% for VOO.
Over three years, SCHI compounded at +5.67% per year against +21.50% for VOO; over five years the annualized figures are +0.79% and +13.44% respectively. Across the full 7-year window we track, VOO has the edge at +13.58% annualized vs +1.52%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 14.1% compared with 7.6% for SCHI. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -20.7% for SCHI and -34.3% for VOO. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.68. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
SCHI charges 0.03% per year while VOO charges 0.03%. On a $10,000 position that is $3 vs $3 annually. On income, SCHI currently yields 5.02% against 1.09% for VOO.
Holdings Overlap
SCHI and VOO share 3 holdings out of 508 unique holdings combined, representing a 0.2% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, SCHI or VOO?
SCHI has an expense ratio of 0.03% while VOO charges 0.03%. They cost the same. On a $10,000 investment, that is $0 per year of difference.
Which performed better, SCHI or VOO?
Over the past year SCHI returned +2.38% vs +23.71% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (7 years), SCHI annualized +1.52% vs +13.58% for VOO. Past performance does not guarantee future results.
Which is riskier, SCHI or VOO?
VOO has been the more volatile fund at 14.1% annualized versus 7.6% for SCHI. Worst drawdown: SCHI -20.7% vs VOO -34.3%.
Should I hold both SCHI and VOO?
SCHI and VOO have a monthly-return correlation of 0.68, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between SCHI and VOO?
SCHI and VOO share 3 common holdings with a 0.2% weight overlap. Combined, they hold 508 unique securities.
Which pays a higher dividend, SCHI or VOO?
SCHI yields 5.02% while VOO yields 1.09%, so SCHI currently pays the higher dividend yield.
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