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SCHOvsTLHETF Comparison

ETF 1

SCHO

Schwab Short-Term U.S. Treasury ETF

This fund is part of

US Government Bonds

+0.11%

Full SCHO fund page

VS

ETF 2

TLH

iShares 10-20 Year Treasury Bond ETF

This fund is part of

US Government Bonds

+0.11%

Full TLH fund page

Schwab Short-Term U.S. Treasury ETF (SCHO) and iShares 10-20 Year Treasury Bond ETF (TLH) belong to the same industry segment: US Government Bonds. SCHO's top 1 sector exposures are Sovereign. In contrast, TLH's top sector exposures are Sovereign and Non-Corporate. SCHO is less expensive with a Total Expense Ratio (TER) of 0.03%, versus 0.15% for TLH. SCHO is up 1.1% year-to-date (YTD) with +$3.48B in YTD flows. TLH performs worse with -2.63% YTD performance, and +$358M in YTD flows. Run a side-by-side ETF comparison of SCHO and TLH below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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SCHO vs TLH performance and flow charts

Performance

Cumulative Flows

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Data Services

Historic performance and flows

Data as of 10/26/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	SCHO TLH	+0.74%+3.53%	+0.46%-1.03%	+1.10%-2.63%	+1.75%-4.81%	+12.99%+14.38%	+10.52%-21.62%
Flows	SCHO TLH	+$291M+$1.28B	+$2.91B+$1.21B	+$3.48B+$358M	+$4.39B+$277M	+$3.56B+$5.39B	+$7.21B+$12.64B

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	SCHO TLH	+1.42%+9.39%	+1.29%+8.10%	+1.57%+10.42%	+1.97%+12.57%
Max drawdown	SCHO TLH	-0.91%-6.06%	-0.91%-10.32%	-0.96%-11.67%	-5.38%-35.37%
Max drawdown duration	SCHO TLH	62d62d	62d239d	122d770d	795d1786d

Trading data

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	SCHO	TLH
Last sale 10/27/2026 at 1:30 PM	$23.94	$95.64
Previous close 10/26/2026	$23.94	$95.63
Consolidated volume 10/26/2026
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

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	SCHO	TLH
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 10/27/2026 at 1:30 PM

Live

Closed

	SCHO	TLH
Last price	$23.94	$95.64
1D performance	+0.00%	+0.01%
AuM	$15.61 B	$12.10 B
E/R	0.03%	0.15%

Characteristics

	SCHO	TLH
Management strategy	Passive	Passive
Provider	Schwab ETFs	iShares
Benchmark	Bloomberg US Treasury 1-3 Year Index	ICE 10-20 Year US Treasury Index
N° of holdings	96	62
Asset class	Fixed Income	Bonds
Trailing 12m distribution yield	Join	Join
Inception date	August 5, 2010	January 5, 2007
ESG	No	No

More SCHO data on Trackinsight

More TLH data on Trackinsight

Exposure

Countries

SCHO

USA

100%

Other

0%

TLH

USA

99.97%

Other

0.03%

Sectors

SCHO

Sovereign

100%

Other

0%

TLH

Sovereign

98.75%

Other

1.25%

Diversification

SCHO

Total weight of top 15 holdings out of 15

21.2%

TLH

Total weight of top 15 holdings out of 15

48.64%

Top 15 holdings

Data as of August 31, 2026

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%

TLH

USA, Bonds 4.5% 15feb2044, USD

3.98%

USA, Bonds 4.125% 15aug2044, USD

3.96%

USA, Bonds 3.875% 15may2043, USD

3.55%

USA, Bonds 4.625% 15nov2045, USD

3.37%

USA, Bonds 4% 15nov2042, USD

3.36%

USA, Bonds 4.75% 15feb2045, USD

3.32%

USA, Bonds 4.375% 15aug2043, USD

3.29%

USA, Bonds 4.75% 15nov2043, USD

3.24%

USA, Bonds 3.875% 15feb2043, USD

3.18%

USA, Bonds 3.375% 15aug2042, USD

3.13%

USA, Bonds 1.75% 15aug2041, USD

3.02%

USA, Bonds 2% 15nov2041, USD

2.97%

USA, Bonds 1.875% 15feb2041, USD

2.89%

USA, Bonds 2.375% 15feb2042, USD

2.71%

USA, Bonds 5% 15may2046, USD

2.67%

Frequently asked questions about SCHO and TLH

How have the SCHO and TLH ETFs performed in 2026?

As of October 26, 2026, SCHO is up 1.1% year-to-date (YTD), while TLH has lost -2.63%. That puts SCHO better performer ahead so far this year.

Which ETF is attracting more investor money: SCHO or TLH?

Year-to-date, the SCHO ETF saw +$3.48B in flows, compared to +$358M for TLH.

Which ETF is more volatile: SCHO or TLH?

Over the past year, SCHO had a volatility of 1.29%, while TLH experienced 8.1%.

Which ETF is bigger: SCHO or TLH?

As of October 26, 2026, SCHO holds $15.61 B in assets under management (AUM), while TLH manages $12.10 B.

What sectors do the SCHO and TLH ETFs invest in?

SCHO leans toward sectors like Sovereign. Meanwhile, TLH focuses on Sovereign.

What are the top holdings of the SCHO ETF and TLH ETF?

SCHO top holdings include 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). TLH holds in its top three: USA, Bonds 4.5% 15feb2044, USD, USA, Bonds 4.125% 15aug2044, USD and USA, Bonds 3.875% 15may2043, USD.

SCHOvsTLHETF Comparison

Schwab Short-Term U.S. Treasury ETF

iShares 10-20 Year Treasury Bond ETF

SCHO vs TLH performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

How have the SCHO and TLH ETFs performed in 2026?

As of October 26, 2026, SCHO is up 1.1% year-to-date (YTD), while TLH has lost -2.63%. That puts SCHO better performer ahead so far this year.

Which ETF is attracting more investor money: SCHO or TLH?

Year-to-date, the SCHO ETF saw +$3.48B in flows, compared to +$358M for TLH.

Which ETF is more volatile: SCHO or TLH?

Over the past year, SCHO had a volatility of 1.29%, while TLH experienced 8.1%.

Which ETF is bigger: SCHO or TLH?

As of October 26, 2026, SCHO holds $15.61 B in assets under management (AUM), while TLH manages $12.10 B.

What sectors do the SCHO and TLH ETFs invest in?

SCHO leans toward sectors like Sovereign. Meanwhile, TLH focuses on Sovereign.

What are the top holdings of the SCHO ETF and TLH ETF?

SCHO top holdings include 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). TLH holds in its top three: USA, Bonds 4.5% 15feb2044, USD, USA, Bonds 4.125% 15aug2044, USD and USA, Bonds 3.875% 15may2043, USD.

Which ETF is more diversified: SCHO or TLH?

SCHO holds 96 securities with 21.2% of its assets in the top 15. TLH has 62 securities and a top 15 weight of 48.64%.

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