IBTPvsSCHOETF Comparison
VS
iShares iBonds Dec 2034 Term Treasury ETF (IBTP) and Schwab Short-Term U.S. Treasury ETF (SCHO) belong to the same industry segment: US Government Bonds. IBTP's top 2 sector exposures are Sovereign and Non-Corporate. In contrast, SCHO's top sector exposures are Sovereign. IBTP is more expensive with a Total Expense Ratio (TER) of 0.07%, versus 0.03% for SCHO. IBTP is down -2.87% year-to-date (YTD) with +$138M in YTD flows. SCHO performs better with 0.98% YTD performance, and +$3.55B in YTD flows. Run a side-by-side ETF comparison of IBTP and SCHO below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
Find out how industry players manage ETF portfolios. Discover our library of Model portfolios
IBTP vs SCHO performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 10/16/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | IBTP SCHO | +0.08%+0.45% | -2.39%+0.16% | -2.87%+0.98% | -3.36%+1.58% | n/a+13.06% | n/a+10.32% |
| Flows | IBTP SCHO | +$25M+$351M | +$66M+$3.05B | +$138M+$3.55B | +$165M+$4.51B | -+$3.36B | -+$7.24B |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | IBTP SCHO | +4.98%+1.32% | +4.68%+1.26% | n/a+1.57% | n/a+1.96% |
| Max drawdown | IBTP SCHO | -4.03%-0.91% | -6.48%-0.91% | n/a-0.96% | n/a-5.38% |
| Max drawdown duration | IBTP SCHO | 52d52d | 229d52d | n/a122d | n/a795d |
Trading data
IBTP | SCHO | |
Last sale 10/16/2026 at 1:30 PM | $24.33 | $23.92 |
| Previous close 10/15/2026 | $24.31 | $23.89 |
| Consolidated volume 10/15/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of September 30, 2026
1-year trailing difference
Create an account to view replication metrics
Join for free
IBTP | SCHO | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
Advertisement
Main metrics
Last update 10/16/2026 at 1:30 PM
Live
Closed
IBTP | SCHO | |
|---|---|---|
| Last price | $24.33 | $23.92 |
| 1D performance | +0.08% | +0.13% |
| AuM | $336.74 M | $15.66 B |
| E/R | 0.07% | 0.03% |
Characteristics
IBTP | SCHO | |
|---|---|---|
| Management strategy | Passive | Passive |
| Provider | iShares | Schwab ETFs |
| Benchmark | ICE 2034 Maturity US Treasury Index Index | Bloomberg US Treasury 1-3 Year Index |
| N° of holdings | 5 | 96 |
| Asset class | - | Fixed Income |
| Trailing 12m distribution yield | Join | Join |
| Inception date | June 11, 2024 | August 5, 2010 |
| ESG | No | No |
Advertisement
Exposure
Countries
IBTP
USA
100.63%
Other
-0.63%
SCHO
USA
100%
Sectors
IBTP
Sovereign
99.63%
Other
0.37%
SCHO
Sovereign
100%
Advertisement
Diversification
IBTP
Total weight of top 5 holdings out of 5
100.63%
SCHO
Total weight of top 15 holdings out of 15
21.2%
Top 15 holdings
Data as of August 31, 2026
IBTP
USA, Notes 4.375% 15may2034, USD (C-2034)
25.33%
USA, Notes 4.25% 15nov2034, USD (F-2034)
25.31%
USA, Notes 4% 15feb2034, USD (B-2034)
24.63%
USA, Notes 3.875% 15aug2034, USD (E-2034)
24.37%
BlackRock Cash Funds - Treasury
0.99%
SCHO
USA, Notes 3.5% 31jan2028, USD (U-2028)
2.20%
USA, Notes 4.625% 30apr2029, USD (Y-2029)
1.38%
USA, Notes 4.5% 31may2029, USD (Z-2029)
1.37%
USA, Notes 4.25% 31jul2028, USD (BE-2028)
1.37%
USA, Notes 4.25% 30jun2029, USD (AA-2029)
1.36%
USA, Notes 4.125% 30jun2028, USD (BD-2028)
1.36%
USA, Notes 4% 31may2028, USD (BC-2028)
1.36%
USA, Notes 3.875% 31mar2028, USD (AZ-2028)
1.36%
USA, Notes 3.5% 30sep2027, USD (BH-2027)
1.36%
USA, Notes 4% 31jul2029, USD (AB-2029)
1.36%
USA, Notes 3.75% 30apr2028, USD (BA-2028)
1.36%
USA, Notes 3.375% 30nov2027, USD (BL-2027)
1.35%
USA, Notes 3.375% 31dec2027, USD (BM-2027)
1.35%
USA, Notes 3.375% 29feb2028, USD (AY-2028)
1.35%
USA, Notes 4.125% 31mar2029, USD (W-2029)
1.32%
Frequently asked questions about IBTP and SCHO
How have the IBTP and SCHO ETFs performed in 2026?
As of October 16, 2026, IBTP is down -2.87% year-to-date (YTD), while SCHO has returned 0.98%. That puts SCHO better performer ahead so far this year.
Which ETF is attracting more investor money: IBTP or SCHO?
Year-to-date, the IBTP ETF saw +$138M in flows, compared to +$3.55B for SCHO.
Which ETF is more volatile: IBTP or SCHO?
Over the past year, IBTP had a volatility of 4.68%, while SCHO experienced 1.26%.
Which ETF is bigger: IBTP or SCHO?
As of October 16, 2026, IBTP holds $336.74 M in assets under management (AUM), while SCHO manages $15.66 B.
What sectors do the IBTP and SCHO ETFs invest in?
IBTP leans toward sectors like Sovereign. Meanwhile, SCHO focuses on Sovereign.
What are the top holdings of the IBTP ETF and SCHO ETF?
IBTP top holdings include USA, Notes 4.375% 15may2034, USD (C-2034), USA, Notes 4.25% 15nov2034, USD (F-2034) and USA, Notes 4% 15feb2034, USD (B-2034). SCHO holds in its top three: USA, Notes 3.5% 31jan2028, USD (U-2028), USA, Notes 4.625% 30apr2029, USD (Y-2029) and USA, Notes 4.5% 31may2029, USD (Z-2029).
Which ETF is more diversified: IBTP or SCHO?
IBTP has 5 securities. SCHO has 96 securities and a top 15 weight of 21.2%.
Advertisement
Latest news about IBTP & SCHO
Schwab Launches New High-Yield Bond ETF on NYSE ARCA
July 13, 2023
SCHO
U.S. Treasuries: An Opportunity for the Risk Conscious Investor
March 3, 2023
SCHO
Advertisement
Advertisement
