SCHO vs SCHE

Comparison between SCHWAB SHORT-TERM U.S. TREASURY ETF (SCHO, ETF) and SCHWAB EMERGING MARKETS EQUITY ETF (SCHE, ETF).

5-Year PerformanceSCHE has outperformed SCHO, delivering a return of +6.2% compared to +1.8%

SCHO vs SCHE - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SCHO(ETF)	SCHE(ETF)
Net Assets	$13B	$12B
Expense Ratio	0.03%	0.07%
Max Drawdown	7.87%	43.08%
Sharpe Ratio	-0.14	1.56
5Y Beta	-0.02	0.71
5Y Dividends CAGR	32.98%	4.54%

Net Assets

Winner

SCHO

$13B

SCHE

$12B

Expense Ratio

Winner

SCHO

0.03%

SCHE

0.07%

Max Drawdown

Winner

SCHO

7.87%

SCHE

43.08%

Sharpe Ratio

SCHO

-0.14

Winner

SCHE

1.56

5Y Beta

Winner

SCHO

-0.02

SCHE

0.71

5Y Dividends CAGR

Winner

SCHO

32.98%

SCHE

4.54%

SCHO vs SCHE - Historical Returns

Returns include dividend reinvestment.

Period	SCHO	SCHE
1 month	-0.06%	+3.44%
3 months	-0.08%	+2.39%
6 months	+0.97%	+8.57%
1 year	+3.66%	+27.97%
5 years(CAGR)	+1.80%	+6.17%
10 years(CAGR)	+1.71%	+8.99%
Max(CAGR)	+1.34%	+4.97%

SCHO

-0.06%

Winner

SCHE

+3.44%

SCHO

-0.08%

Winner

SCHE

+2.39%

SCHO

+0.97%

Winner

SCHE

+8.57%

SCHO

+3.66%

Winner

SCHE

+27.97%

5Y(CAGR)

SCHO

+1.80%

Winner

SCHE

+6.17%

10Y(CAGR)

SCHO

+1.71%

Winner

SCHE

+8.99%

Max(CAGR)

SCHO

+1.34%

Winner

SCHE

+4.97%

SCHO vs SCHE - Annual Returns (2010 - 2026)

Returns include dividend reinvestment.

Year	SCHO	SCHE
2026	+0.40%	+7.55%
2025	+5.14%	+26.79%
2024	+3.78%	+12.09%
2023	+4.20%	+7.70%
2022	-3.76%	-18.40%
2021	-0.66%	-1.09%
2020	+3.11%	+11.85%
2019	+3.49%	+19.86%
2018	+1.36%	-15.00%
2017	+0.35%	+31.51%
2016	+0.68%	+16.52%
2015	+0.43%	-15.70%
2014	+0.61%	+3.35%
2013	+0.35%	-6.02%
2012	+0.31%	+14.99%
2011	+1.43%	-17.91%
2010	+0.15%	+15.52%

SCHO vs SCHE Drawdown Comparison

The maximum drawdown for SCHO was -5.69%, occurring on Oct 20, 2022. Recovery took 700 trading sessions.

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

The current SCHO drawdown is -0.33%. The current SCHE drawdown is -2.44%.

Rank	SCHO	SCHE
#1	-5.69% Aug 3, 2021 - May 15, 2024	-36.25% Jan 26, 2018 - Nov 9, 2020
#2	-1.07% Sep 7, 2017 - Nov 19, 2018	-35.73% Feb 17, 2021 - Jul 16, 2025
#3	-0.98% Sep 24, 2024 - Jan 24, 2025	-35.64% Sep 5, 2014 - Jul 14, 2017
#4	-0.94% Jul 5, 2016 - Aug 1, 2017	-29.51% Apr 8, 2011 - Jul 28, 2014
#5	-0.86% Feb 27, 2026 - Mar 26, 2026	-18.24% Apr 14, 2010 - Sep 15, 2010
#6	-0.78% Nov 1, 2010 - Apr 29, 2011	-12.63% Jan 14, 2010 - Apr 1, 2010
#7	-0.70% Oct 14, 2015 - Feb 2, 2016	-11.29% Feb 25, 2026 - Apr 17, 2026
#8	-0.69% Sep 4, 2019 - Oct 3, 2019	-7.97% Jan 3, 2011 - Apr 1, 2011
#9	-0.64% Apr 30, 2025 - Jun 20, 2025	-7.65% Nov 5, 2010 - Jan 3, 2011
#10	-0.53% Oct 15, 2014 - Jan 14, 2015	-5.21% Jan 20, 2021 - Feb 5, 2021
#11	-0.48% Feb 11, 2016 - Apr 5, 2016	-5.02% Oct 29, 2025 - Jan 2, 2026
#12	-0.45% Apr 4, 2025 - Apr 21, 2025	-4.54% Oct 8, 2025 - Oct 20, 2025
#13	-0.45% Feb 2, 2015 - Apr 1, 2015	-4.52% Nov 22, 2017 - Dec 28, 2017
#14	-0.45% Jan 30, 2012 - May 11, 2012	-4.10% Jul 28, 2014 - Aug 19, 2014
#15	-0.42% May 1, 2013 - Sep 25, 2013	-3.27% Sep 19, 2017 - Oct 10, 2017

Correlation

Correlation between SCHO and SCHE is 0.91 which considered as a very strong positive correlation - the stocks move almost identically together.

0.91

-101

Dividend Comparison (2010 - 2026)

SCHO vs SCHE dividend yield comparison.

Year	SCHO	SCHE
2026	1.27%	0.00%
2025	4.06%	2.88%
2024	4.29%	3.03%
2023	3.76%	3.83%
2022	1.34%	2.88%
2021	0.42%	2.86%
2020	1.28%	2.09%
2019	2.27%	3.27%
2018	1.60%	2.64%
2017	1.12%	2.31%
2016	0.82%	2.27%
2015	0.68%	2.50%
2014	0.47%	2.86%
2013	0.29%	2.56%
2012	0.29%	2.11%
2011	0.41%	4.96%
2010	0.13%	0.80%