SCHI vs UITB
Schwab 5-10 Year Corporate Bond ETF vs VictoryShares Core Intermediate Bond ETF
Which is better, SCHI or UITB?
Nearly the same fund. SCHI costs less.
SCHI has a lower expense ratio. SCHI led over 3Y, 5Y and the full window, UITB over 1Y. The two have moved almost in lockstep, correlation 0.98.
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 | SCHI | UITB |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.25% |
| AUM | $11.2B | $2.7B |
| Dividend Yield | 5.24% | 4.41% |
| Holdings | 4,768 | 2,487 |
| YTD Return | -1.76% | -1.21%Best |
| 1Y Return | -1.42% | -1.14%Best |
| 3Y Return (annualized) | +5.90%Best | +4.67% |
| 5Y Return (annualized) | +0.75%Best | +0.21% |
| Volatility (annualized) | 7.6% | 6.0%Best |
| Max Drawdown | -20.7% | -17.0%Best |
| $10,000 over 5 years | $10,381Best | $10,105 |
| Fund Family | Charles Schwab Asset Management | Victory Capital Management Inc. |
| Category | Fixed Income | Fixed Income |
| Inception | Oct 10, 2019 | Oct 24, 2017 |
Not shown on this pair: Top 10 Weight, Style.
Volatility and max drawdown are measured over the window both funds cover: Oct 10, 2019 to Nov 11, 2026 (7.1 years).
SCHI vs UITB 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 7.1 years both funds cover.
SCHI vs UITB Performance
Schwab 5-10 Year Corporate Bond ETF (SCHI) is an ETF from Charles Schwab Asset Management and VictoryShares Core Intermediate Bond ETF (UITB) is an ETF from Victory Capital Management Inc.. Over the past year SCHI returned -1.42% while UITB returned -1.14%. Year to date, SCHI is down 1.76% versus a loss of 1.21% for UITB.
Over three years, SCHI compounded at +5.90% per year against +4.67% for UITB; over five years the annualized figures are +0.75% and +0.21% respectively. Across the full 7-year window we track, SCHI has the edge at +1.26% annualized vs +0.63%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHI has been the more volatile fund, with annualized monthly volatility of 7.6% compared with 6.0% for UITB. 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 -20.7% for SCHI and -17.0% for UITB. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.98. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
SCHI charges 0.03% per year while UITB charges 0.25%. On a $10,000 position that is $3 vs $25 annually, a gap of $22 per year that compounds over a long holding period. On income, SCHI currently yields 5.24% against 4.41% for UITB.
Holdings Overlap
We hold position weights for 1,792 holdings in SCHI and 827 in UITB, totalling 71.1% and 65.0% of the two funds. Neither is a share of a fund we can divide by, so no overlap percentage is shown here. Within what we can see, 125 positions appear in both.
125 positions in common, counted across the 1,792 positions we hold weights for in SCHI and 827 in UITB, against full books of 4,768 and 2,487.
Top Shared Holdings
| Stock | Weight in SCHI | Weight in UITB | Difference |
|---|---|---|---|
| BAC V2.572 10/20/32Bank Of America Corp 2.57 10/20/2032 | 0.13% | 0.14% | 0.01% |
| AMGN 5.25 03/02/33Amgen Inc 5.25 03/02/2033 | 0.20% | 0.04% | 0.16% |
| JPM V5.294 07/22/35Jpmorgan Chase + Co Sr Unsecured 07/35 Var | 0.16% | 0.08% | 0.08% |
| KR 5 09/15/34Kroger Co/The 5% 15Sep2034 | 0.10% | 0.10% | 0.00% |
| MS V2.511 10/20/32 MMorgan Stanley 2.511 10/20/2032 | 0.10% | 0.07% | 0.03% |
| SO 5.7 03/15/34Southern Co 5.7% 03/15/34 | 0.05% | 0.11% | 0.06% |
| RCICN 3.8 03/15/32Rogers Communications Inc Corp. Note | 0.08% | 0.07% | 0.01% |
| TMUS 2.25 11/15/31T-Mobile USA Inc 2.25 11/15/2031 | 0.04% | 0.11% | 0.07% |
| HSBC V8.113 11/03/33Hsbc Holdings Plc 8.113 11/03/2033 | 0.10% | 0.04% | 0.06% |
| OKE 5.05 11/01/34Oneok Inc 5.05 11/01/2034 | 0.07% | 0.07% | 0.00% |
You are not choosing between two funds in isolation.
Whichever of SCHI and UITB 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, SCHI or UITB?
SCHI has an expense ratio of 0.03% while UITB charges 0.25%. SCHI is the cheaper option, by $22 a year on a $10,000 investment.
Which performed better, SCHI or UITB?
Over the past year SCHI returned -1.42% vs -1.14% for UITB, so UITB leads on 1-year performance. Over the longest common window we track (7 years), SCHI annualized +1.26% vs +0.63% for UITB. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SCHI or UITB?
SCHI has been the more volatile fund at 7.6% annualized versus 6.0% for UITB. Worst drawdown: SCHI -20.7% vs UITB -17.0%.
Should I hold both SCHI and UITB?
SCHI and UITB have a monthly-return correlation of 0.98, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
Which pays a higher dividend, SCHI or UITB?
SCHI yields 5.24% while UITB yields 4.41%, so SCHI currently pays the higher dividend yield.
Is UITB better than SCHI?
SCHI has a lower expense ratio. SCHI led over 3Y, 5Y and the full window, UITB over 1Y. The two have moved almost in lockstep, correlation 0.98. Which one suits a particular account depends on what it is for. This is information, not a recommendation.