SCHE vs SUB

Comparison between SCHWAB EMERGING MARKETS EQUITY ETF (SCHE, ETF) and ISHARES SHORT-TERM NATIONAL MUNI BOND ETF (SUB, ETF).

5-Year PerformanceSCHE has outperformed SUB, delivering a return of +5.6% compared to +1.4%

SCHE vs SUB - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SCHE(ETF)	SUB(ETF)
Net Assets	$11B	$11B
Expense Ratio	0.07%	0.07%
Max Drawdown	43.08%	11.72%
Sharpe Ratio	1.74	-0.24
5Y Beta	0.71	0.00
5Y Dividends CAGR	4.54%	19.17%

Net Assets

Winner

SCHE

$11B

SUB

$11B

Expense Ratio

SCHE

0.07%

SUB

0.07%

Max Drawdown

SCHE

43.08%

Winner

SUB

11.72%

Sharpe Ratio

Winner

SCHE

1.74

SUB

-0.24

5Y Beta

SCHE

0.71

Winner

SUB

0.00

5Y Dividends CAGR

SCHE

4.54%

Winner

SUB

19.17%

SCHE vs SUB - Historical Returns

Returns include dividend reinvestment.

Period	SCHE	SUB
1 month	+6.94%	+0.05%
3 months	+4.51%	-0.17%
6 months	+12.60%	+1.24%
1 year	+34.99%	+3.43%
5 years(CAGR)	+5.63%	+1.43%
10 years(CAGR)	+9.40%	+1.45%
Max(CAGR)	+5.11%	+1.58%

Winner

SCHE

+6.94%

SUB

+0.05%

Winner

SCHE

+4.51%

SUB

-0.17%

Winner

SCHE

+12.60%

SUB

+1.24%

Winner

SCHE

+34.99%

SUB

+3.43%

5Y(CAGR)

Winner

SCHE

+5.63%

SUB

+1.43%

10Y(CAGR)

Winner

SCHE

+9.40%

SUB

+1.45%

Max(CAGR)

Winner

SCHE

+5.11%

SUB

+1.58%

SCHE vs SUB - Annual Returns (2008 - 2026)

Returns include dividend reinvestment.

Year	SCHE	SUB
2026	+9.85%	+0.51%
2025	+26.79%	+3.55%
2024	+12.09%	+2.26%
2023	+7.70%	+2.83%
2022	-18.40%	-2.02%
2021	-1.09%	+0.17%
2020	+11.85%	+2.58%
2019	+19.86%	+3.00%
2018	-15.00%	+1.88%
2017	+31.51%	+0.83%
2016	+16.52%	+0.01%
2015	-15.70%	+0.71%
2014	+3.35%	+0.54%
2013	-6.02%	+0.77%
2012	+14.99%	+0.41%
2011	-17.91%	+3.85%
2010	+15.52%	+0.55%
2009	N/A	+4.28%
2008	N/A	+1.68%

SCHE vs SUB Drawdown Comparison

The maximum drawdown for SCHE was -36.25%, occurring on Mar 23, 2020. Recovery took 702 trading sessions.

The maximum drawdown for SUB was -9.46%, occurring on Mar 19, 2020. Recovery took 51 trading sessions.

The current SCHE drawdown is -0.35%. The current SUB drawdown is -0.35%.

Rank	SCHE	SUB
#1	-36.25% Jan 26, 2018 - Nov 9, 2020	-9.46% Mar 6, 2020 - May 19, 2020
#2	-35.73% Feb 17, 2021 - Jul 16, 2025	-6.40% Jan 16, 2009 - Sep 12, 2011
#3	-35.64% Sep 5, 2014 - Jul 14, 2017	-4.92% Jan 13, 2009 - Jan 16, 2009
#4	-29.51% Apr 8, 2011 - Jul 28, 2014	-4.35% Jul 22, 2021 - Dec 13, 2023
#5	-18.24% Apr 14, 2010 - Sep 15, 2010	-2.43% Mar 1, 2013 - Oct 24, 2013
#6	-12.63% Jan 14, 2010 - Apr 1, 2010	-1.71% Aug 24, 2016 - May 23, 2017
#7	-11.29% Feb 25, 2026 - Apr 17, 2026	-1.46% Jan 17, 2012 - Mar 1, 2013
#8	-7.97% Jan 3, 2011 - Apr 1, 2011	-1.25% Sep 7, 2017 - Nov 29, 2018
#9	-7.65% Nov 5, 2010 - Jan 3, 2011	-1.23% Apr 4, 2025 - May 29, 2025
#10	-5.21% Jan 20, 2021 - Feb 5, 2021	-0.92% Oct 2, 2024 - Jan 27, 2025
#11	-5.02% Oct 29, 2025 - Jan 2, 2026	-0.87% Jan 30, 2015 - Oct 2, 2015
#12	-4.54% Oct 8, 2025 - Oct 20, 2025	-0.80% Feb 23, 2026 - Mar 24, 2026
#13	-4.52% Nov 22, 2017 - Dec 28, 2017	-0.77% Aug 15, 2019 - Nov 27, 2019
#14	-4.10% Jul 28, 2014 - Aug 19, 2014	-0.75% Sep 12, 2011 - Dec 2, 2011
#15	-3.27% Sep 19, 2017 - Oct 10, 2017	-0.68% Dec 27, 2023 - May 8, 2024

Correlation

Correlation between SCHE and SUB is 0.90 which considered as a strong positive correlation - the stocks tend to move together.

0.90

-101

Dividend Comparison (2008 - 2026)

SCHE vs SUB dividend yield comparison.

Year	SCHE	SUB
2026	0.00%	0.85%
2025	2.88%	2.42%
2024	3.03%	2.10%
2023	3.83%	1.73%
2022	2.88%	0.86%
2021	2.86%	0.72%
2020	2.09%	1.23%
2019	3.27%	1.58%
2018	2.64%	1.32%
2017	2.31%	0.95%
2016	2.27%	0.75%
2015	2.50%	0.77%
2014	2.86%	0.76%
2013	2.56%	0.84%
2012	2.11%	0.99%
2011	4.96%	1.27%
2010	0.80%	1.28%
2009	0.00%	1.44%
2008	0.00%	0.33%