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

In the year to Oct 28, 2026, with distributions reinvested, IEI returned −1.1% and SCHO +1.8%.

Which is cheaper, IEI or SCHO?

SCHO is cheaper, by 0.12 percentage points a year. That is about $12 on $10,000 held for a year. Fees come from each fund's prospectus.

Data as of Oct 28, 2026.

Across categories

IEI vs SCHO: Differences, Returns & Fees

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IEI's duration was 4.3 years on Aug 31, 2026 and SCHO's 1.8 on Jun 30, 2026; SCHO charges 0.03% to IEI's 0.15%.

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Net assets: $17.0bn on Oct 27, 2026 for iShares 3-7 Year Treasury Bond ETF, and $13.0bn on Jun 30, 2026 for Schwab Short-Term U.S. Treasury ETF.

IEI on its own →SCHO on its own →

At a glance

−1.1%

IEI total return, 1 year

+1.8%

SCHO total return, 1 year

0.15%

IEI expense ratio

0.03%

SCHO expense ratio

Pair scorecard

SCHO costs 0.12 points a year less; their one-year returns differ by 2.9 points.

IEI vs SCHO: Differences, Returns & Fees
Measure	IEI	SCHO
Return
Measure	IEI	SCHO
Total return, 1 year	−1.1%	+1.8%
Benchmark
Measure	IEI	SCHO
What it tracks	ICE U.S. Treasury 3-7 Year Bond Index	Bloomberg US Treasury 1-3 Year Index
Cost and size
Measure	IEI	SCHO
Expense ratio	0.15%	0.03%
Net assets, IEI as of Oct 27, 2026 and SCHO as of Jun 30, 2026	$17.0bn	$13.0bn
Holdings
Measure	IEI	SCHO
Holdings in common	0%

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

Risk and return

Aug 13, 2010 to Oct 23, 2026 · 845 weekly returns

IEI SCHO

Return

Total return edge IEI +30.2% +24.3%

Annualized edge IEI +1.6% +1.3%

Price return edge IEI −2.2% −4.2%

Risk

Volatility edge SCHO 3.6% 1.3%

Max drawdown edge SCHO −14.1% −5.6%

Risk-adjusted

Sharpe edge IEI 0.03 −0.19

Sortino edge IEI 0.04 −0.28

Calmar edge SCHO 0.12 0.24

Reading

IEI returned more: +30.2% to +24.3%. SCHO swung less: 1.3% to 3.6%. SCHO fell less at its worst: −5.6% to −14.1%.

Full scorecard

9 measures, with how each is measured Open ↓

Risk and return: IEI vs SCHO: Differences, Returns & Fees
Measure	IEI	SCHO	Edge	How it is measured
Return
Total return	+30.2%	+24.3%	IEI	Price change plus distributions, reinvested.
Annualized	+1.6%	+1.3%	IEI	Total return as a yearly rate.
Price return	−2.2%	−4.2%	IEI	Price change alone, distributions left out.
Risk
Volatility	3.6%	1.3%	SCHO	Spread of weekly returns, annualized. Lower is steadier.
Downside deviation	2.6%	0.9%	SCHO	Like volatility, counting only weeks below the Treasury bill rate.
Max drawdown	−14.1%	−5.6%	SCHO	Deepest fall from a high to the low after it.
Risk-adjusted
Sharpe	0.03	−0.19	IEI	Return above Treasury bills per unit of volatility.
Sortino	0.04	−0.28	IEI	Return above Treasury bills per unit of downside deviation.
Calmar	0.12	0.24	SCHO	Annualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 845 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

By the books each fund has filed, IEI and SCHO hold 0% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Aug 31, 2026.

50%

0 half 100%

half

0% in common

Positions both hold · largest shared weight first IEI SCHO

Only in one fund ↓

Only in IEI

U.S. Treasury Notes, due Nov 30, 2030 2.90%

U.S. Treasury Notes, due Feb 15, 2032 2.30%

U.S. Treasury Notes, due Feb 28, 2030 2.29%

U.S. Treasury Notes, due Nov 15, 2031 2.26%

U.S. Treasury Notes, due Aug 31, 2030 2.24%

U.S. Treasury Notes, due May 15, 2033 2.17%

U.S. Treasury Notes, due Aug 15, 2031 2.11%

U.S. Treasury Notes, due Feb 15, 2033 2.10%

Only in SCHO

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

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

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

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%

Check overlap with more funds →

Side by side

IEI iShares 3-7 Year Treasury Bond 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 of 3-7 Year Treasury Bond Tracks an index

Total return, 1 year −1.1% +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 0.15% 0.03%

Holdings 82 96

Net assets, IEI as of Oct 27, 2026 and SCHO as of Jun 30, 2026 $17.0bn $13.0bn

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

Client brief · page 1 of 2 Report BR-7ED94A82EA

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

What each follows. IEI follows ICE U.S. Treasury 3-7 Year Bond Index and SCHO follows Bloomberg US Treasury 1-3 Year Index.
Holdings in common. 0% of the weight is in the same securities (holdings dated Aug 31, 2026 and Jun 30, 2026).
One-year total return. Over 1 year to Oct 28, 2026 IEI returned −1.1% and SCHO +1.8% with distributions reinvested, a gap of 2.9 points.

Data as of Oct 28, 2026.

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About each fund

IEI

IEI tracks an index of 3-7 Year Treasury Bond. Over the year to Oct 28, 2026 it returned −1.1% with distributions reinvested. The prospectus expense ratio is 0.15% a year.

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, IEI or SCHO?: In the year to Oct 28, 2026, with distributions reinvested, IEI returned −1.1% and SCHO +1.8%.
Which is cheaper, IEI or SCHO?: SCHO is cheaper, by 0.12 percentage points a year. That is about $12 on $10,000 held for a year. Fees come from each fund's prospectus.

Other comparisons

IEI vs SHY IEI vs SPTS IEI vs VGSH IBTI vs IEI SCHO vs SHY SCHO vs VGSH SCHO vs SPTS IBTI vs SCHO

Where to next

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

Sources and dates

IEI filings on SEC EDGAR ↗

IEI prospectus with the expense ratio (SEC) ↗

iShares page for IEI ↗

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

Open data →

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