Which returned more over the last year, IBTJ or SCHO?

In the year to Oct 28, 2026, with distributions reinvested, IBTJ returned +0.5% and SCHO +1.8%.

Which is cheaper, IBTJ or SCHO?

SCHO is cheaper, by 0.04 percentage points a year. That is about $4 on $10,000 held for a year. Fees come from each fund's prospectus.

Data as of Oct 28, 2026.

Across categories

IBTJ vs SCHO: Differences, Returns & Fees

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IBTJ's duration was 2.6 years on Jul 31, 2026 and SCHO's 1.8 on Jun 30, 2026; SCHO charges 0.03% to IBTJ's 0.07%.

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Net assets: $1.5bn on Oct 27, 2026 for iShares iBonds Dec 2029 Term Treasury ETF, and $13.0bn on Jun 30, 2026 for Schwab Short-Term U.S. Treasury ETF.

IBTJ on its own →SCHO on its own →

At a glance

+0.5%

IBTJ total return, 1 year

+1.8%

SCHO total return, 1 year

0.07%

IBTJ expense ratio

0.03%

SCHO expense ratio

Pair scorecard

SCHO costs 0.04 points a year less; their one-year returns differ by 1.3 points.

IBTJ vs SCHO: Differences, Returns & Fees
Measure	IBTJ	SCHO
Return
Measure	IBTJ	SCHO
Total return, 1 year	+0.5%	+1.8%
Drawdown
Measure	IBTJ	SCHO
Below its high	6.2%, high on Aug 4, 2020
Benchmark
Measure	IBTJ	SCHO
What it tracks	ICE 2029 Maturity US Treasury Index	Bloomberg US Treasury 1-3 Year Index
Cost and size
Measure	IBTJ	SCHO
Expense ratio	0.07%	0.03%
Net assets, IBTJ as of Oct 27, 2026 and SCHO as of Jun 30, 2026	$1.5bn	$13.0bn
Holdings
Measure	IBTJ	SCHO
Holdings in common	19%

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

Risk and return

Mar 6, 2020 to Oct 23, 2026 · 346 weekly returns

IBTJ SCHO

Return

Total return edge SCHO −3.5% +11.2%

Annualized edge SCHO −0.5% +1.6%

Price return edge SCHO −18.8% −6.8%

Risk

Volatility edge SCHO 5.2% 1.7%

Max drawdown edge SCHO −19.6% −5.6%

Risk-adjusted

Sharpe edge IBTJ −0.65 −0.82

Sortino edge IBTJ −0.87 −1.13

Calmar edge SCHO −0.03 0.29

Reading

SCHO returned more: +11.2% to −3.5%. SCHO swung less: 1.7% to 5.2%. SCHO fell less at its worst: −5.6% to −19.6%.

Full scorecard

9 measures, with how each is measured Open ↓

Risk and return: IBTJ vs SCHO: Differences, Returns & Fees
Measure	IBTJ	SCHO	Edge	How it is measured
Return
Total return	−3.5%	+11.2%	SCHO	Price change plus distributions, reinvested.
Annualized	−0.5%	+1.6%	SCHO	Total return as a yearly rate.
Price return	−18.8%	−6.8%	SCHO	Price change alone, distributions left out.
Risk
Volatility	5.2%	1.7%	SCHO	Spread of weekly returns, annualized. Lower is steadier.
Downside deviation	3.9%	1.2%	SCHO	Like volatility, counting only weeks below the Treasury bill rate.
Max drawdown	−19.6%	−5.6%	SCHO	Deepest fall from a high to the low after it.
Risk-adjusted
Sharpe	−0.65	−0.82	IBTJ	Return above Treasury bills per unit of volatility.
Sortino	−0.87	−1.13	IBTJ	Return above Treasury bills per unit of downside deviation.
Calmar	−0.03	0.29	SCHO	Annualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 346 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

19%

By the books each fund has filed, IBTJ and SCHO hold 19% 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

19% in common

Positions both hold · largest shared weight first IBTJ SCHO

U.S. Treasury Notes, due Apr 30, 2029 4.10% 1.39%

U.S. Treasury Notes, due May 31, 2029 4.02% 1.37%

U.S. Treasury Notes, due Mar 31, 2029 3.88% 1.32%

U.S. Treasury Notes, due Feb 28, 2029 3.70% 1.26%

U.S. Treasury Notes, due Jan 31, 2029 3.51% 1.19%

U.S. Treasury Notes, due Apr 15, 2029 3.34% 1.13%

U.S. Treasury Notes, due May 15, 2029 3.16% 1.13%

U.S. Treasury Notes, due Jan 15, 2029 3.31% 1.12%

U.S. Treasury Notes, due Feb 15, 2029 3.21% 1.12%

U.S. Treasury Notes, due Mar 15, 2029 3.20% 1.12%

U.S. Treasury Notes, due Feb 15, 2029 3.31% 1.12%

U.S. Treasury Notes, due Jan 31, 2029 2.87% 0.97%

Only in one fund ↓

Only in IBTJ

U.S. Treasury Notes, due Nov 30, 2029 4.07%

U.S. Treasury Notes, due Jun 30, 2029 4.05%

U.S. Treasury Notes, due Oct 31, 2029 4.03%

U.S. Treasury Notes, due Jul 31, 2029 4.02%

U.S. Treasury Notes, due Aug 31, 2029 3.99%

U.S. Treasury Notes, due Sep 30, 2029 3.97%

U.S. Treasury Notes, due Jun 15, 2029 3.32%

U.S. Treasury Notes, due Aug 15, 2029 2.45%

Only in SCHO

U.S. Treasury Notes, due Jan 31, 2028 2.18%

U.S. Treasury Notes, due May 31, 2028 1.36%

U.S. Treasury Notes, due Mar 31, 2028 1.35%

U.S. Treasury Notes, due Jun 30, 2027 1.35%

U.S. Treasury Notes, due Apr 30, 2028 1.35%

U.S. Treasury Notes, due Sep 30, 2027 1.35%

U.S. Treasury Notes, due Oct 31, 2027 1.35%

U.S. Treasury Notes, due Nov 30, 2027 1.34%

Check overlap with more funds →

Side by side

IBTJ iShares iBonds Dec 2029 Term Treasury ETF SCHO Schwab Short-Term U.S. Treasury ETF

Where it sits Bond ETF Bond ETF

Issuer iShares Schwab

What it is Tracks an index Tracks an index

Total return, 1 year +0.5% +1.8%

Its benchmark over the same days not measured +1.7% (VGSH)

Gap to its benchmark not measured +0.1 pts vs VGSH

Expense ratio 0.07% 0.03%

Holdings 37 96

Net assets, IBTJ as of Oct 27, 2026 and SCHO as of Jun 30, 2026 $1.5bn $13.0bn

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

Client brief · page 1 of 2 Report BR-6FE5871910

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

What each follows. IBTJ follows ICE 2029 Maturity US Treasury Index and SCHO follows Bloomberg US Treasury 1-3 Year Index.
Holdings in common. 19% 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 IBTJ returned +0.5% and SCHO +1.8% with distributions reinvested, a gap of 1.3 points.

Data as of Oct 28, 2026.

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About each fund

IBTJ

IBTJ tracks an index. Over the year to Oct 28, 2026 it returned +0.5% with distributions reinvested. The prospectus expense ratio is 0.07% a year. It sat 6.2% below its high of Aug 4, 2020 on Oct 28, 2026.

SCHO

SCHO tracks an index. Over the year to Oct 28, 2026 it returned +1.8% with distributions reinvested, against +1.7% for its benchmark, the Bloomberg US Treasury 1-3 Year Index. The prospectus expense ratio is 0.03% a year.

Questions people ask

Which returned more over the last year, IBTJ or SCHO?: In the year to Oct 28, 2026, with distributions reinvested, IBTJ returned +0.5% and SCHO +1.8%.
Which is cheaper, IBTJ or SCHO?: SCHO is cheaper, by 0.04 percentage points a year. That is about $4 on $10,000 held for a year. Fees come from each fund's prospectus.

Other comparisons

IBTJ vs IBTK IBTJ vs IEI IBTJ vs SPTS IBTJ vs SHY SCHO vs SPTS IBTK vs SCHO SCHO vs SHY SCHO vs VGSH

Where to next

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

Sources and dates

IBTJ filings on SEC EDGAR ↗

IBTJ prospectus with the expense ratio (SEC) ↗

iShares page for IBTJ ↗

SCHO filings on SEC EDGAR ↗

SCHO 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, IBTJ against SCHO, data as of Oct 28, 2026. https://etfiq.com/compare/any/ibtj-vs-scho

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