SCMB vs VOO
Schwab Municipal Bond ETF vs Vanguard S&P 500 ETF
Which is better, SCMB or VOO?
Municipal Bond against Large Cap Blend.
VOO led over 1Y, 3Y 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 | SCMB | VOO |
|---|---|---|
| Expense Ratio | 0.03%Tie | 0.03%Tie |
| AUM | $4.1B | $997.4B |
| Dividend Yield | 3.60% | 1.04% |
| Holdings | 6,809 | 509 |
| YTD Return | -2.64% | +14.14%Best |
| 1Y Return | -1.22% | +17.31%Best |
| 3Y Return (annualized) | +2.70% | +23.04%Best |
| 5Y Return (annualized) | - | +13.63% |
| Volatility (annualized) | 6.1%Best | 12.9% |
| Max Drawdown | -6.1%Best | -18.7% |
| $10,000 over 3.9 years | $11,078 | $22,698Best |
| Fund Family | Charles Schwab Investment Mangement | Vanguard (US) |
| Category | Tax Preferred | Equity |
| Style | Municipal Bond | Large Cap Blend |
| Inception | Oct 11, 2022 | Sep 7, 2010 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 3.9 years row, are measured over the window both funds cover: Oct 12, 2022 to Sep 22, 2026 (3.9 years).
SCMB vs VOO 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 3.9 years both funds cover.
SCMB vs VOO Performance
Schwab Municipal Bond ETF (SCMB) is an ETF from Charles Schwab Investment Mangement and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year SCMB returned -1.22% while VOO returned +17.31%. Year to date, SCMB is down 2.64% versus a gain of 14.14% for VOO.
Over three years, SCMB compounded at +2.70% per year against +23.04% for VOO. Across the full 4-year window we track, VOO has the edge at +23.39% annualized vs +2.66%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 12.9% compared with 6.1% for SCMB. 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 -6.1% for SCMB and -18.7% for VOO. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.66. They move together some of the time, and apart the rest.
Fees and Cost Over Time
SCMB charges 0.03% per year while VOO charges 0.03%. On a $10,000 position that is $3 vs $3 annually. On income, SCMB currently yields 3.60% against 1.04% for VOO.
Holdings Overlap
At least 0.8% of VOO's money is in holdings SCMB also owns.
Stated as a floor: for SCMB, our book for it covers 1.6% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
We cannot see either book well enough to say how much of this pair is duplicated.
3 positions in common, counted across the 39 positions we hold weights for in SCMB and 494 in VOO, against full books of 6,809 and 509.
You are not choosing between two funds in isolation.
Whichever of SCMB and VOO 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, SCMB or VOO?
SCMB has an expense ratio of 0.03% while VOO charges 0.03%. At the precision these are quoted to, they cost the same.
Which performed better, SCMB or VOO?
Over the past year SCMB returned -1.22% vs +17.31% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (4 years), SCMB annualized +2.66% vs +23.39% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SCMB or VOO?
VOO has been the more volatile fund at 12.9% annualized versus 6.1% for SCMB. Worst drawdown: SCMB -6.1% vs VOO -18.7%.
Should I hold both SCMB and VOO?
SCMB and VOO have a monthly-return correlation of 0.66, 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, SCMB or VOO?
SCMB yields 3.60% while VOO yields 1.04%, so SCMB currently pays the higher dividend yield.
Is VOO better than SCMB?
VOO led over 1Y, 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.