SCHZ vs SPY

Comparison between SCHWAB U.S. AGGREGATE BOND ETF (SCHZ, ETF) and SPDR S&P 500 ETF Trust (SPY, ETF).

5-Year PerformanceSPY has outperformed SCHZ, delivering a return of +13.3% compared to +0.2%

SCHZ vs SPY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SCHZ(ETF)	SPY(ETF)
Net Assets	$10B	$652B
Expense Ratio	0.03%	0.09%
Max Drawdown	24.30%	56.47%
Sharpe Ratio	0.35	2.07
5Y Beta	0.04	1.00
P/E Ratio	N/A	28.24
Forward P/E	N/A	21.85
5Y Dividends CAGR	9.67%	5.43%
5Y EPS CAGR	N/A	25.79%
Debt to Equity	N/A	22.35%
P/S Ratio	N/A	3.55
P/B Ratio	N/A	5.29

Net Assets

SCHZ

$10B

Winner

SPY

$652B

Expense Ratio

Winner

SCHZ

0.03%

SPY

0.09%

Max Drawdown

Winner

SCHZ

24.30%

SPY

56.47%

Sharpe Ratio

SCHZ

0.35

Winner

SPY

2.07

5Y Beta

Winner

SCHZ

0.04

SPY

1.00

P/E Ratio

SCHZ

N/A

SPY

28.24

Forward P/E

SCHZ

N/A

SPY

21.85

5Y Dividends CAGR

Winner

SCHZ

9.67%

SPY

5.43%

5Y EPS CAGR

SCHZ

N/A

SPY

25.79%

Debt to Equity

SCHZ

N/A

SPY

22.35%

P/S Ratio

SCHZ

N/A

SPY

3.55

P/B Ratio

SCHZ

N/A

SPY

5.29

SCHZ vs SPY - Historical Returns

Returns include dividend reinvestment.

Period	SCHZ	SPY
1 month	+0.12%	+9.11%
3 months	+0.06%	+6.59%
6 months	+0.94%	+10.56%
1 year	+5.58%	+32.04%
5 years(CAGR)	+0.17%	+13.35%
10 years(CAGR)	+1.58%	+15.49%
Max(CAGR)	+2.13%	+8.50%

SCHZ

+0.12%

Winner

SPY

+9.11%

SCHZ

+0.06%

Winner

SPY

+6.59%

SCHZ

+0.94%

Winner

SPY

+10.56%

SCHZ

+5.58%

Winner

SPY

+32.04%

5Y(CAGR)

SCHZ

+0.17%

Winner

SPY

+13.35%

10Y(CAGR)

SCHZ

+1.58%

Winner

SPY

+15.49%

Max(CAGR)

SCHZ

+2.13%

Winner

SPY

+8.50%

SCHZ vs SPY - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	SCHZ	SPY
2026	+0.64%	+8.27%
2025	+7.19%	+18.00%
2024	+1.72%	+25.59%
2023	+4.98%	+26.72%
2022	-12.55%	-18.64%
2021	-1.62%	+30.52%
2020	+7.24%	+17.28%
2019	+8.39%	+31.09%
2018	-0.16%	-5.24%
2017	+3.26%	+20.78%
2016	+2.13%	+13.59%
2015	+0.27%	+1.31%
2014	+6.09%	+14.56%
2013	-1.85%	+29.00%
2012	+3.78%	+14.17%
2011	+4.23%	+0.85%
2010	N/A	+13.14%
2009	N/A	+22.67%
2008	N/A	-36.25%
2007	N/A	+5.32%
2006	N/A	+13.85%
2005	N/A	+5.32%
2004	N/A	+10.75%
2003	N/A	+24.18%
2002	N/A	-22.42%
2001	N/A	-10.13%
2000	N/A	-8.84%
1999	N/A	+8.61%

SCHZ vs SPY Drawdown Comparison

The maximum drawdown for SCHZ was -18.74%, occurring on Oct 24, 2022. This drawdown has not yet recovered.

The maximum drawdown for SPY was -55.20%, occurring on Mar 9, 2009. Recovery took 1224 trading sessions.

The current SCHZ drawdown is -2.14%.

Rank	SCHZ	SPY
#1	-18.74% Aug 4, 2020 - Oct 24, 2022	-55.20% Oct 9, 2007 - Aug 16, 2012
#2	-10.27% Mar 6, 2020 - May 22, 2020	-47.50% Mar 24, 2000 - Oct 26, 2006
#3	-4.89% May 2, 2013 - May 9, 2014	-33.70% Feb 19, 2020 - Aug 10, 2020
#4	-4.35% Jul 8, 2016 - Aug 29, 2017	-24.50% Jan 3, 2022 - Dec 13, 2023
#5	-3.51% Sep 7, 2017 - Jan 31, 2019	-19.34% Sep 20, 2018 - Apr 12, 2019
#6	-2.78% Apr 17, 2015 - Feb 8, 2016	-18.76% Feb 19, 2025 - Jun 26, 2025
#7	-2.12% Sep 4, 2019 - Jan 21, 2020	-13.02% Jul 20, 2015 - Apr 18, 2016
#8	-1.81% Feb 2, 2015 - Apr 15, 2015	-10.10% Jan 26, 2018 - Aug 6, 2018
#9	-1.73% Sep 22, 2011 - Dec 14, 2011	-9.44% Sep 2, 2020 - Nov 11, 2020
#10	-1.40% Jan 31, 2012 - Apr 23, 2012	-9.30% Jan 19, 2000 - Mar 17, 2000
#11	-1.36% Aug 2, 2012 - Oct 1, 2012	-9.05% Jul 19, 2007 - Oct 5, 2007
#12	-1.26% Dec 5, 2012 - Apr 5, 2013	-8.88% Jan 27, 2026 - Apr 14, 2026
#13	-1.14% Aug 29, 2014 - Oct 7, 2014	-8.41% Jul 16, 2024 - Sep 19, 2024
#14	-1.10% Aug 18, 2011 - Sep 2, 2011	-7.35% Sep 14, 2012 - Jan 2, 2013
#15	-0.96% Oct 16, 2014 - Dec 12, 2014	-7.27% Sep 18, 2014 - Oct 31, 2014

Correlation

Correlation between SCHZ and SPY is 0.77 which considered as a strong positive correlation - the stocks tend to move together.

0.77

-101

Dividend Comparison (1999 - 2026)

SCHZ vs SPY dividend yield comparison.

Year	SCHZ	SPY
2026	1.38%	0.24%
2025	4.05%	1.07%
2024	3.96%	1.21%
2023	3.28%	1.40%
2022	2.63%	1.65%
2021	2.16%	1.20%
2020	2.43%	1.52%
2019	2.79%	1.75%
2018	2.56%	2.04%
2017	2.40%	1.80%
2016	2.24%	2.03%
2015	2.11%	2.06%
2014	2.03%	1.87%
2013	2.01%	1.81%
2012	2.04%	2.18%
2011	0.76%	2.05%
2010	0.00%	1.80%
2009	0.00%	1.95%
2008	0.00%	3.02%
2007	0.00%	1.85%
2006	0.00%	1.73%
2005	0.00%	1.73%
2004	0.00%	1.82%
2003	0.00%	1.47%
2002	0.00%	1.70%
2001	0.00%	1.25%
2000	0.00%	1.15%
1999	0.00%	0.24%