IBTP vs SCHD
iShares iBonds Dec 2034 Term Treasury ETF vs Schwab US Dividend Equity ETF
Which is better, IBTP or SCHD?
Short Term Government Bond against Large Cap Value.
SCHD has a lower expense ratio. SCHD led over 1Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | IBTP | SCHD |
|---|---|---|
| Expense Ratio | 0.07% | 0.06%Best |
| AUM | $292M | $112.1B |
| Dividend Yield | 4.09% | 3.00% |
| Holdings | 6 | 103 |
| YTD Return | -2.49% | +23.60%Best |
| 1Y Return | -1.61% | +28.29%Best |
| 3Y Return (annualized) | - | +16.25% |
| 5Y Return (annualized) | - | +10.25% |
| Volatility (annualized) | 5.4%Best | 13.5% |
| Max Drawdown | -6.9%Best | -16.1% |
| $10,000 over 2.3 years | $10,677 | $14,256Best |
| Top 10 Weight | - | 41.8% |
| Fund Family | iShares by BlackRock (US) | Charles Schwab Asset Management |
| Category | Fixed Income | Equity |
| Style | Short Term Government Bond | Large Cap Value |
| Inception | Jun 11, 2024 | Oct 20, 2011 |
Volatility and max drawdown, and the $10,000 over 2.3 years row, are measured over the window both funds cover: Jun 12, 2024 to Sep 21, 2026 (2.3 years).
IBTP vs SCHD growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 2.3 years both funds cover.
IBTP vs SCHD Performance
iShares iBonds Dec 2034 Term Treasury ETF (IBTP) is an ETF from iShares by BlackRock (US) and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year IBTP returned -1.61% while SCHD returned +28.29%. Year to date, IBTP is down 2.49% versus a gain of 23.60% for SCHD.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 13.5% compared with 5.4% for IBTP. 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 -6.9% for IBTP and -16.1% for SCHD. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.40. They move together some of the time, and apart the rest.
Fees and Cost Over Time
IBTP charges 0.07% per year while SCHD charges 0.06%. On a $10,000 position that is $7 vs $6 annually, a gap of $1 per year that compounds over a long holding period. On income, IBTP currently yields 4.09% against 3.00% for SCHD.
Holdings Overlap
We hold position weights for 5 holdings in IBTP and 100 in SCHD, totalling 100.6% and 100.0% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 5 positions we hold weights for in IBTP and 100 in SCHD, against full books of 6 and 103.
What only one of them owns
Our book lists 99 positions for SCHD that do not appear in our book for IBTP (99.9% of the fund), and 5 for IBTP that do not appear in SCHD (100.6%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
You are not choosing between two funds in isolation.
Whichever of IBTP and SCHD you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, IBTP or SCHD?
IBTP has an expense ratio of 0.07% while SCHD charges 0.06%. SCHD is the cheaper option, by $1 a year on a $10,000 investment.
Which performed better, IBTP or SCHD?
Over the past year IBTP returned -1.61% vs +28.29% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (2 years), IBTP annualized +2.89% vs +16.67% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IBTP or SCHD?
SCHD has been the more volatile fund at 13.5% annualized versus 5.4% for IBTP. Worst drawdown: IBTP -6.9% vs SCHD -16.1%.
Should I hold both IBTP and SCHD?
IBTP and SCHD have a monthly-return correlation of 0.40, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, IBTP or SCHD?
IBTP yields 4.09% while SCHD yields 3.00%, so IBTP currently pays the higher dividend yield.
Is SCHD better than IBTP?
SCHD has a lower expense ratio. SCHD led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.