SCHZ vs VOO
Schwab US Aggregate Bond ETF vs Vanguard S&P 500 ETF
Quick Verdict
VOO delivered stronger 1-year returns. SCHZ offers more diversification with 12,372 holdings.
Side-by-Side Comparison
| Metric | SCHZ | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.03% | |
| AUM | $10.6B | $997.4B | |
| Dividend Yield | 4.19% | 1.08% | |
| Holdings | 12,372 | 509 | |
| YTD Return | +0.33% | +12.76% | |
| 1Y Return | +2.49% | +20.14% | |
| 3Y Return (annualized) | +4.36% | +21.69% | |
| 5Y Return (annualized) | -0.24% | +13.00% | |
| Volatility (annualized) | 4.6% | 14.1% | |
| Max Drawdown | -19.7% | -34.3% | |
| Fund Family | Charles Schwab Asset Management | Vanguard (US) | |
| Category | Fixed Income | Equity | |
| Inception | Jul 14, 2011 | Sep 7, 2010 |
SCHZ vs VOO Performance
Schwab US Aggregate Bond ETF (SCHZ) is a ETF from Charles Schwab Asset Management and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year SCHZ returned +2.49% while VOO returned +20.14%. Year to date, SCHZ is up 0.33% versus a gain of 12.76% for VOO.
Over three years, SCHZ compounded at +4.36% per year against +21.69% for VOO; over five years the annualized figures are -0.24% and +13.00% respectively. Across the full 15-year window we track, VOO has the edge at +13.47% annualized vs +0.60%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 14.1% compared with 4.6% for SCHZ. 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 -19.7% for SCHZ and -34.3% for VOO. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.36. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
SCHZ charges 0.03% per year while VOO charges 0.03%. On a $10,000 position that is $3 vs $3 annually. On income, SCHZ currently yields 4.19% against 1.08% for VOO.
Holdings Overlap
Frequently Asked Questions
Which is cheaper, SCHZ or VOO?
SCHZ has an expense ratio of 0.03% while VOO charges 0.03%. They cost the same. On a $10,000 investment, that is $0 per year of difference.
Which performed better, SCHZ or VOO?
Over the past year SCHZ returned +2.49% vs +20.14% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (15 years), SCHZ annualized +0.60% vs +13.47% for VOO. Past performance does not guarantee future results.
Which is riskier, SCHZ or VOO?
VOO has been the more volatile fund at 14.1% annualized versus 4.6% for SCHZ. Worst drawdown: SCHZ -19.7% vs VOO -34.3%.
Should I hold both SCHZ and VOO?
SCHZ and VOO have a monthly-return correlation of 0.36, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between SCHZ and VOO?
SCHZ and VOO share 2 common holdings with a 0.0% weight overlap. Combined, they hold 1203 unique securities.
Which pays a higher dividend, SCHZ or VOO?
SCHZ yields 4.19% while VOO yields 1.08%, so SCHZ currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.