SCHB vs GOVT

Comparison between SCHWAB U.S. BROAD MARKET ETF (SCHB, ETF) and ISHARES U.S. TREASURY BOND ETF (GOVT, ETF).

5-Year PerformanceSCHB has outperformed GOVT, delivering a return of +13.1% compared to -0.3%

SCHB vs GOVT - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SCHB(ETF)	GOVT(ETF)
Net Assets	$41B	$41B
Expense Ratio	0.03%	0.05%
Max Drawdown	35.27%	23.67%
Sharpe Ratio	1.81	0.08
5Y Beta	0.98	-0.00
P/E Ratio	28.27	N/A
Forward P/E	20.08	N/A
5Y Dividends CAGR	4.16%	10.36%
5Y EPS CAGR	23.66%	N/A
P/S Ratio	3.17	N/A
P/B Ratio	4.69	N/A

Net Assets

SCHB

$41B

GOVT

$41B

Expense Ratio

Winner

SCHB

0.03%

GOVT

0.05%

Max Drawdown

SCHB

35.27%

Winner

GOVT

23.67%

Sharpe Ratio

Winner

SCHB

1.81

GOVT

0.08

5Y Beta

SCHB

0.98

Winner

GOVT

-0.00

P/E Ratio

SCHB

28.27

GOVT

N/A

Forward P/E

SCHB

20.08

GOVT

N/A

5Y Dividends CAGR

SCHB

4.16%

Winner

GOVT

10.36%

5Y EPS CAGR

SCHB

23.66%

GOVT

N/A

P/S Ratio

SCHB

3.17

GOVT

N/A

P/B Ratio

SCHB

4.69

GOVT

N/A

SCHB vs GOVT - Historical Returns

Returns include dividend reinvestment.

Period	SCHB	GOVT
1 month	+7.73%	-0.59%
3 months	+8.77%	-1.46%
6 months	+11.26%	-0.05%
1 year	+27.58%	+4.02%
5 years(CAGR)	+13.10%	-0.33%
10 years(CAGR)	+15.17%	+0.87%
Max(CAGR)	+14.40%	+1.24%

Winner

SCHB

+7.73%

GOVT

-0.59%

Winner

SCHB

+8.77%

GOVT

-1.46%

Winner

SCHB

+11.26%

GOVT

-0.05%

Winner

SCHB

+27.58%

GOVT

+4.02%

5Y(CAGR)

Winner

SCHB

+13.10%

GOVT

-0.33%

10Y(CAGR)

Winner

SCHB

+15.17%

GOVT

+0.87%

Max(CAGR)

Winner

SCHB

+14.40%

GOVT

+1.24%

SCHB vs GOVT - Annual Returns (2009 - 2026)

Returns include dividend reinvestment.

Year	SCHB	GOVT
2026	+8.85%	-0.20%
2025	+17.15%	+6.15%
2024	+24.73%	+3.27%
2023	+26.77%	+3.62%
2022	-19.93%	-11.87%
2021	+27.54%	-1.60%
2020	+19.76%	+7.08%
2019	+30.74%	+6.49%
2018	-6.12%	+0.54%
2017	+20.37%	+2.19%
2016	+14.36%	+0.60%
2015	+0.51%	+0.32%
2014	+13.72%	+4.75%
2013	+30.06%	-2.37%
2012	+14.75%	+2.23%
2011	+0.25%	N/A
2010	+15.16%	N/A
2009	+7.53%	N/A

SCHB vs GOVT Drawdown Comparison

The maximum drawdown for SCHB was -35.27%, occurring on Mar 23, 2020. Recovery took 122 trading sessions.

The maximum drawdown for GOVT was -19.07%, occurring on Oct 19, 2023. This drawdown has not yet recovered.

The current GOVT drawdown is -7.30%.

Rank	SCHB	GOVT
#1	-35.27% Feb 19, 2020 - Aug 12, 2020	-19.07% Aug 4, 2020 - Oct 19, 2023
#2	-25.40% Dec 27, 2021 - Dec 18, 2023	-5.87% Jul 8, 2016 - May 13, 2019
#3	-20.19% Sep 20, 2018 - Apr 23, 2019	-4.56% Mar 9, 2020 - Apr 21, 2020
#4	-20.09% Apr 29, 2011 - Feb 8, 2012	-4.55% May 1, 2013 - Oct 8, 2014
#5	-19.34% Feb 19, 2025 - Jun 27, 2025	-3.54% Jan 30, 2015 - Jan 29, 2016
#6	-15.90% Apr 23, 2010 - Nov 4, 2010	-2.63% Sep 4, 2019 - Jan 29, 2020
#7	-15.06% Jun 23, 2015 - Jun 7, 2016	-2.14% Apr 21, 2020 - Jul 23, 2020
#8	-10.01% Apr 2, 2012 - Aug 16, 2012	-1.93% Jul 25, 2012 - May 1, 2013
#9	-9.85% Jan 26, 2018 - Jul 25, 2018	-1.93% Mar 8, 2012 - Apr 23, 2012
#10	-9.26% Sep 2, 2020 - Nov 9, 2020	-1.74% Feb 11, 2016 - Apr 7, 2016
#11	-8.91% Jan 27, 2026 - Apr 14, 2026	-1.27% Apr 7, 2016 - May 13, 2016
#12	-8.53% Jul 16, 2024 - Sep 19, 2024	-1.25% Jun 1, 2012 - Jul 16, 2012
#13	-7.90% Jan 19, 2010 - Mar 9, 2010	-1.16% Oct 15, 2014 - Dec 12, 2014
#14	-7.58% Sep 14, 2012 - Jan 2, 2013	-1.07% Dec 16, 2014 - Jan 5, 2015
#15	-7.53% Sep 18, 2014 - Oct 31, 2014	-0.97% Jul 3, 2019 - Aug 1, 2019

Correlation

Correlation between SCHB and GOVT is 0.62 which considered as a moderate positive correlation - the stocks show some tendency to move together.

0.62

-101

Dividend Comparison (2009 - 2026)

SCHB vs GOVT dividend yield comparison.

Year	SCHB	GOVT
2026	0.24%	1.19%
2025	1.11%	3.49%
2024	1.24%	3.14%
2023	1.40%	2.65%
2022	1.61%	1.77%
2021	1.21%	0.95%
2020	1.63%	2.17%
2019	1.80%	1.98%
2018	2.00%	1.97%
2017	1.65%	1.57%
2016	1.86%	1.40%
2015	2.00%	1.25%
2014	1.72%	1.17%
2013	1.63%	0.93%
2012	2.13%	0.85%
2011	1.88%	0.00%
2010	1.46%	0.00%
2009	0.23%	0.00%