Which returned more over the last year, GOVT or SCHR?

In the year to Oct 28, 2026, with distributions reinvested, GOVT returned −1.5% and SCHR −1.5%.

Which is cheaper, GOVT or SCHR?

SCHR is cheaper, by 0.02 percentage points a year. That is about $2 on $10,000 held for a year. Fees come from each fund's prospectus.

Data as of Oct 28, 2026.

Across categories

GOVT vs SCHR: Differences, Returns & Fees

Share on X Download as PDF

GOVT's duration was 5.5 years on Jul 31, 2026 and SCHR's 4.9 on Jun 30, 2026; SCHR charges 0.03% to GOVT's 0.05%.

askIQ about this page

askIQ about GOVT and SCHR

Net assets: $42.8bn on Oct 27, 2026 for iShares U.S. Treasury Bond ETF, and $13.4bn on Jun 30, 2026 for Schwab Intermediate-Term U.S. Treasury ETF.

GOVT on its own →SCHR on its own →

At a glance

−1.5%

GOVT total return, 1 year

−1.5%

SCHR total return, 1 year

0.05%

GOVT expense ratio

0.03%

SCHR expense ratio

Pair scorecard

SCHR costs 0.02 points a year less; both returned −1.5% over a year.

GOVT vs SCHR: Differences, Returns & Fees
Measure	GOVT	SCHR
Return
Measure	GOVT	SCHR
Total return, 1 year	−1.5%	−1.5%
Drawdown
Measure	GOVT	SCHR
Below its high	8.1%, high on Aug 4, 2020	3.5%, high on Aug 4, 2020
Benchmark
Measure	GOVT	SCHR
What it tracks	ICE U.S. Treasury Core Bond Index	Bloomberg US Treasury 3-10 Year Index
Cost and size
Measure	GOVT	SCHR
Expense ratio	0.05%	0.03%
Net assets, GOVT as of Oct 27, 2026 and SCHR as of Jun 30, 2026	$42.8bn	$13.4bn
Holdings
Measure	GOVT	SCHR
Holdings in common	40%

Holdings in common uses holdings dated Jun 30, 2026 and Jul 31, 2026. Method

Risk and return

Mar 2, 2012 to Oct 23, 2026 · 764 weekly returns

GOVT SCHR

Return

Total return edge SCHR +18.4% +22.3%

Annualized edge SCHR +1.2% +1.4%

Price return edge SCHR (slight) −10.6% −10.1%

Risk

Volatility edge SCHR (slight) 4.5% 4.1%

Max drawdown edge SCHR −18.7% −15.7%

Risk-adjusted

Sharpe edge SCHR −0.11 −0.07

Sortino edge SCHR −0.15 −0.10

Calmar edge SCHR 0.06 0.09

Reading

SCHR returned more: +22.3% to +18.4%. SCHR swung slightly less: 4.1% to 4.5%. SCHR fell less at its worst: −15.7% to −18.7%.

Full scorecard

9 measures, with how each is measured Open ↓

Risk and return: GOVT vs SCHR: Differences, Returns & Fees
Measure	GOVT	SCHR	Edge	How it is measured
Return
Total return	+18.4%	+22.3%	SCHR	Price change plus distributions, reinvested.
Annualized	+1.2%	+1.4%	SCHR	Total return as a yearly rate.
Price return	−10.6%	−10.1%	SCHR (slight)	Price change alone, distributions left out.
Risk
Volatility	4.5%	4.1%	SCHR (slight)	Spread of weekly returns, annualized. Lower is steadier.
Downside deviation	3.3%	3.0%	SCHR (slight)	Like volatility, counting only weeks below the Treasury bill rate.
Max drawdown	−18.7%	−15.7%	SCHR	Deepest fall from a high to the low after it.
Risk-adjusted
Sharpe	−0.11	−0.07	SCHR	Return above Treasury bills per unit of volatility.
Sortino	−0.15	−0.10	SCHR	Return above Treasury bills per unit of downside deviation.
Calmar	0.06	0.09	SCHR	Annualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 764 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

40%

By the books each fund has filed, GOVT and SCHR hold 40% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Jul 31, 2026.

50%

0 half 100%

half

40% in common

Positions both hold · largest shared weight first GOVT SCHR

U.S. Treasury Notes, due Nov 15, 2031 5.28% 1.52%

U.S. Treasury Notes, due May 31, 2030 1.01% 1.10%

U.S. Treasury Notes, due Feb 15, 2034 0.99% 1.85%

U.S. Treasury Notes, due Feb 28, 2030 0.94% 1.65%

U.S. Treasury Notes, due Aug 15, 2034 0.92% 1.83%

U.S. Treasury Notes, due Feb 15, 2033 0.84% 1.49%

U.S. Treasury Notes, due May 15, 2034 0.83% 1.90%

U.S. Treasury Notes, due Nov 15, 2033 0.82% 1.82%

U.S. Treasury Notes, due Feb 15, 2032 0.82% 1.46%

U.S. Treasury Notes, due Aug 15, 2035 0.80% 1.87%

U.S. Treasury Notes, due Dec 31, 2029 0.78% 1.11%

U.S. Treasury Notes, due Nov 15, 2034 0.77% 1.88%

Only in one fund ↓

Only in GOVT

U.S. Treasury Notes, due Feb 15, 2029 2.95%

U.S. Treasury Notes, due Feb 15, 2028 2.63%

U.S. Treasury Notes, due Nov 15, 2028 2.08%

U.S. Treasury Notes, due May 15, 2028 1.62%

U.S. Treasury Bonds, due May 15, 2046 1.48%

U.S. Treasury Bonds, due Nov 15, 2042 1.46%

U.S. Treasury Bonds, due Feb 15, 2051 1.46%

U.S. Treasury Bonds, due Nov 15, 2027 1.38%

Only in SCHR

U.S. Treasury Notes, due Jun 30, 2030 1.10%

U.S. Treasury Notes, due Aug 31, 2030 1.08%

U.S. Treasury Notes, due Apr 30, 2031 0.71%

U.S. Treasury Notes, due May 31, 2031 0.70%

U.S. Treasury Notes, due Jan 31, 2032 0.70%

U.S. Treasury Notes, due Jun 30, 2031 0.70%

U.S. Treasury Notes, due Oct 31, 2031 0.69%

U.S. Treasury Notes, due Nov 30, 2031 0.69%

Check overlap with more funds →

Side by side

GOVT iShares U.S. Treasury Bond ETF SCHR Schwab Intermediate-Term U.S. Treasury ETF

Where it sits Bond ETF Bond ETF

Issuer iShares Schwab

What it is Tracks an index of U.S. Treasury Bond Tracks an index

Total return, 1 year −1.5% −1.5%

Its benchmark over the same days not measured −1.5% (VGIT)

Gap to its benchmark not measured 0.0 pts vs VGIT

Expense ratio 0.05% 0.03%

Holdings 229 101

Net assets, GOVT as of Oct 27, 2026 and SCHR as of Jun 30, 2026 $42.8bn $13.4bn

GOVT and SCHR on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

Client brief · page 1 of 2 Report BR-EA9A3AB0E1

GOVT and SCHR are built for the same job. How do they differ in cost, holdings and results?

What each follows. GOVT follows ICE U.S. Treasury Core Bond Index and SCHR follows Bloomberg US Treasury 3-10 Year Index.
Holdings in common. 40% of the weight is in the same securities (holdings dated Jul 31, 2026 and Jun 30, 2026).
One-year total return (similar). Over 1 year to Oct 28, 2026 GOVT returned −1.5% and SCHR −1.5% with distributions reinvested, a gap of 0.0 points.

Data as of Oct 28, 2026.

The two-page PDF for this pair is coming. Save the comparison to follow its changes. Free. It needs an email sign-in, once.

Your saved page · Privacy.

Alert

About each fund

GOVT

GOVT tracks an index of U.S. Treasury Bond. Over the year to Oct 28, 2026 it returned −1.5% with distributions reinvested. The prospectus expense ratio is 0.05% a year. It sat 8.1% below its high of Aug 4, 2020 on Oct 28, 2026.

SCHR

SCHR tracks an index. Over the year to Oct 28, 2026 it returned −1.5% with distributions reinvested, against −1.5% for its benchmark, the Bloomberg US Treasury 3-10 Year Index. The prospectus expense ratio is 0.03% a year. It sat 3.5% below its high of Aug 4, 2020 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, GOVT or SCHR?: In the year to Oct 28, 2026, with distributions reinvested, GOVT returned −1.5% and SCHR −1.5%.
Which is cheaper, GOVT or SCHR?: SCHR is cheaper, by 0.02 percentage points a year. That is about $2 on $10,000 held for a year. Fees come from each fund's prospectus.

Other comparisons

GOVT vs IEF GOVT vs VTG GOVT vs VGIT GOVT vs SPTI SCHR vs SPTI SCHR vs VGIT FLGV vs SCHR IEF vs SCHR

Where to next

GOVT on its own →SCHR on its own →Hold both: look the portfolio through →Rankings →GOVT dividend history →GOVT holdings →SCHR dividend history →SCHR holdings →Standards and sources →

Sources and dates

GOVT filings on SEC EDGAR ↗

GOVT prospectus with the expense ratio (SEC) ↗

iShares page for GOVT ↗

SCHR filings on SEC EDGAR ↗

SCHR prospectus with the expense ratio (SEC) ↗

Schwab website ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

Cite this pageCitation, APA and Markdown

ETFIQ, GOVT against SCHR, data as of Oct 28, 2026. https://etfiq.com/compare/any/govt-vs-schr

Open data →

Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.