BROUGHT TO YOU BY:

ETF Portfolio Builder

New

ETF Portfolio Builder

New

SHYvsSCHOETF Comparison

ETF 1

SHY

iShares 1-3 Year Treasury Bond ETF

This fund is part of

US Government Bonds

-0.07%

Full SHY fund page

VS

ETF 2

SCHO

Schwab Short-Term U.S. Treasury ETF

This fund is part of

US Government Bonds

-0.07%

Full SCHO fund page

iShares 1-3 Year Treasury Bond ETF (SHY) and Schwab Short-Term U.S. Treasury ETF (SCHO) belong to the same industry segment: US Government Bonds. Both ETFs have the same top 3 sector exposures: and Sovereign. SHY is more expensive with a Total Expense Ratio (TER) of 0.15%, versus 0.03% for SCHO. SHY is up 0.24% year-to-date (YTD) with +$1.27B in YTD flows. SCHO performs better with 0.27% YTD performance, and -$292M in YTD flows. Run a side-by-side ETF comparison of SHY 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

SHY vs SCHO performance and flow charts

Performance

Cumulative Flows

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

Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Data Services

Historic performance and flows

Data as of 04/01/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	SHY SCHO	-0.33%-0.32%	+0.22%+0.24%	+0.24%+0.27%	+3.56%+3.68%	+11.97%+12.34%	+8.78%+9.27%
Flows	SHY SCHO	+$82M-$226M	+$1.27B-$292M	+$1.27B-$292M	+$2.01B+$1.13B	-$3.41B-$1.23B	+$5.99B+$4.99B

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	SHY SCHO	+1.36%+1.33%	+1.40%+1.42%	+1.69%+1.71%	+1.90%+1.92%
Max drawdown	SHY SCHO	-0.85%-0.85%	-0.85%-0.85%	-1.58%-1.56%	-5.73%-5.69%
Max drawdown duration	SHY SCHO	31d31d	31d31d	182d182d	1035d1015d

Trading data

Create an account to view trading data

Join for free

	SHY	SCHO
Last sale 4/2/2026 at 1:30 PM	$82.36	$24.21
Previous close 04/01/2026	$82.32	$24.20
Consolidated volume 04/01/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of March 31, 2026

1-year trailing difference

Create an account to view replication metrics

Join for free

Create an account to view replication quality

Join for free

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

Main metrics

Last update 4/2/2026 at 1:30 PM

Live

Closed

	SHY	SCHO
Last price	$82.36	$24.21
1D performance	+0.05%	+0.04%
AuM	$24.74 B	$11.99 B
E/R	0.15%	0.03%

Characteristics

	SHY	SCHO
Management strategy	Passive	Passive
Provider	iShares	Schwab ETFs
Benchmark	ICE U.S. Treasury 1-3 Year Bond Index	Bloomberg US Treasury 1-3 Year Index
N° of holdings	71	77
Asset class	Bonds	Fixed Income
Trailing 12m distribution yield	Join	Join
Inception date	July 22, 2002	August 5, 2010
ESG	No	No

More SHY data on Trackinsight

More SCHO data on Trackinsight

Exposure

Countries

SHY

USA

100.01%

Other

-0.01%

SCHO

USA

100%

Other

-0%

Sectors

SHY

Sovereign

82.18%

Other

17.82%

SCHO

Sovereign

74.18%

Other

25.82%

Diversification

SHY

Total weight of top 15 holdings out of 15

24.28%

SCHO

Total weight of top 15 holdings out of 15

21.43%

Top 15 holdings

Data as of February 28, 2026

SHY

USA, Notes 4.25% 15mar2027, USD (AL-2027)

2.25%

USA, Notes 1.25% 30apr2028, USD (K-2028)

1.96%

USA, Notes 4.5% 15may2027, USD (AN-2027)

1.86%

USA, Notes 3.5% 31jan2028, USD (U-2028)

1.71%

USA, Notes 4.5% 15apr2027, USD (AM-2027)

1.65%

USA, Notes 2.625% 31may2027, USD (Z-2027)

1.60%

USA, Notes 1.25% 30jun2028, USD (M-2028)

1.60%

US91282CMV09

1.56%

USA, Notes 4.125% 15feb2027, USD (AK-2027)

1.55%

USA, Notes 3.75% 15aug2027, USD (AR-2027)

1.48%

USA, Notes 2.25% 15aug2027, USD (E-2027)

1.44%

USA, Notes 4.375% 15jul2027, USD (AQ-2027)

1.44%

USA, Notes 4.25% 15feb2028, USD (AK-2028)

1.40%

USA, Notes 3.875% 15oct2027, USD (AT-2027)

1.40%

USA, Notes 3.375% 15sep2027, USD (AS-2027)

1.40%

SCHO

USA, Notes 3.5% 31jan2028, USD (U-2028)

2.32%

USA, Notes 4.125% 28feb2027, USD (AY-2027)

1.40%

US91282CNP22

1.40%

US91282CNE74

1.40%

US91282CMV09

1.40%

US91282CNL18

1.40%

US91282CMY48

1.40%

US91282CNV99

1.40%

US91282CPB18

1.39%

US91282CPE56

1.39%

US91282CPS43

1.39%

US91282CPL99

1.39%

USA, Notes 2.875% 15may2028, USD (C-2028)

1.25%

USA, Notes 2.875% 15aug2028, USD (E-2028)

1.25%

USA, Notes 4% 31jan2029, USD (U-2029)

1.24%

Frequently asked questions about SHY and SCHO

How have the SHY and SCHO ETFs performed in 2026?

As of April 1, 2026, SHY is up 0.24% year-to-date (YTD), while SCHO has returned 0.27%. That puts SCHO better performer ahead so far this year.

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

Year-to-date, the SHY ETF saw +$1.27B in flows, compared to -$292M for SCHO.

Which ETF is more volatile: SHY or SCHO?

Over the past year, SHY had a volatility of 1.4%, while SCHO experienced 1.42%.

Which ETF is bigger: SHY or SCHO?

As of April 1, 2026, SHY holds $24.74 B in assets under management (AUM), while SCHO manages $11.99 B.

What sectors do the SHY and SCHO ETFs invest in?

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

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

SHY top holdings include USA, Notes 4.25% 15mar2027, USD (AL-2027), USA, Notes 1.25% 30apr2028, USD (K-2028) and USA, Notes 4.5% 15may2027, USD (AN-2027). SCHO holds in its top three: USA, Notes 3.5% 31jan2028, USD (U-2028), USA, Notes 4.125% 28feb2027, USD (AY-2027) and US91282CNP22.

Which ETF is more diversified: SHY or SCHO?

SHY holds 90 securities with 24.28% of its assets in the top 15. SCHO has 96 securities and a top 15 weight of 21.43%.

SCHO

SHYvsSCHOETF Comparison

iShares 1-3 Year Treasury Bond ETF

Schwab Short-Term U.S. Treasury ETF

SHY vs SCHO 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 SHY and SCHO ETFs performed in 2026?

As of April 1, 2026, SHY is up 0.24% year-to-date (YTD), while SCHO has returned 0.27%. That puts SCHO better performer ahead so far this year.

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

Year-to-date, the SHY ETF saw +$1.27B in flows, compared to -$292M for SCHO.

Which ETF is more volatile: SHY or SCHO?

Over the past year, SHY had a volatility of 1.4%, while SCHO experienced 1.42%.

Which ETF is bigger: SHY or SCHO?

As of April 1, 2026, SHY holds $24.74 B in assets under management (AUM), while SCHO manages $11.99 B.

What sectors do the SHY and SCHO ETFs invest in?

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

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

SHY top holdings include USA, Notes 4.25% 15mar2027, USD (AL-2027), USA, Notes 1.25% 30apr2028, USD (K-2028) and USA, Notes 4.5% 15may2027, USD (AN-2027). SCHO holds in its top three: USA, Notes 3.5% 31jan2028, USD (U-2028), USA, Notes 4.125% 28feb2027, USD (AY-2027) and US91282CNP22.

Which ETF is more diversified: SHY or SCHO?

SHY holds 90 securities with 24.28% of its assets in the top 15. SCHO has 96 securities and a top 15 weight of 21.43%.

Schwab Launches New High-Yield Bond ETF on NYSE ARCA

US ETF Insights: Top 5 Fund Flows and Segments for May 2023

U.S. Treasuries: An Opportunity for the Risk Conscious Investor

Does your choice of Bond ETF matter?

The Warren Buffett 90/10 ETF portfolio

The Warren Buffett 90/10 ETF portfolio

Active Trader Report: Use of Leveraged & Inverse ETFs Way Up