Schwab U.S. Aggregate Bond ETF (SCHZ) Performance
SCHZ total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −1.0% since Dec 31, 2025
- 1 year
- −1.2% total return
- 5 years
- −0.2% a year
- 10 years
- +1.3% a year
- Since first price
- +2.0% a year since 2011
SCHZ trailing returns vs AGG, TLT, SPY
| Period | SCHZ total return | Price only | U.S. bonds (AGG) | 20+ yr Treasuries (TLT) | S&P 500 (SPY) |
|---|---|---|---|---|---|
| 1 month | +0.9% | +0.5% | +0.9% | +1.5% | −1.0% |
| 3 months | −0.4% | −1.5% | −0.4% | −1.0% | +3.2% |
| 6 months | −1.6% | −3.7% | −1.5% | −3.8% | +7.8% |
| YTD | −1.0% | −4.1% | −1.0% | −3.4% | +12.3% |
| 1 year | −1.2% | −5.2% | −1.1% | −6.9% | +14.4% |
| 3 years | +16.6%+5.2%/yr | +3.3% | +16.6%+5.2%/yr | +9.7%+3.1%/yr | +87.4%+23.3%/yr |
| 5 years | −0.9%−0.2%/yr | −16.8% | −0.8%−0.2%/yr | −32.5%−7.6%/yr | +79.3%+12.4%/yr |
| 10 years | +13.7%+1.3%/yr | −15.9% | +14.0%+1.3%/yr | −18.7%−2.0%/yr | +315.9%+15.3%/yr |
| 15 years | +31.3%+1.8%/yr | −12.3% | +32.2%+1.9%/yr | +9.9%+0.6%/yr | +696.0%+14.8%/yr |
| Since inceptionJul 14, 2011 | +34.8%+2.0%/yr | −10.3% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: SCHZ vs AGG
From Jul 14, 2011: SCHZ grew to $13,476, AGG to $13,557.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
SCHZ returns by calendar year
10 of 14 full years positive. Best 2019 (+8.6%), worst 2022 (−13.2%). 2026 is year to date.
SCHZ annual returns table
| Year | SCHZ | Largest drop | AGG | TLT | SPY |
|---|---|---|---|---|---|
| 2026YTD | −1.0% | −4.6% | −1.0% | −3.4% | +12.3% |
| 2025 | +7.2% | −2.4% | +7.2% | +4.3% | +17.7% |
| 2024 | +1.3% | −4.2% | +1.3% | −8.1% | +24.9% |
| 2023 | +5.6% | −7.4% | +5.7% | +2.8% | +26.2% |
| 2022 | −13.2% | −16.2% | −13.0% | −31.2% | −18.2% |
| 2021 | −1.7% | −3.6% | −1.8% | −4.6% | +28.7% |
| 2020 | +7.5% | −10.3% | +7.5% | +18.2% | +18.3% |
| 2019 | +8.6% | −2.1% | +8.5% | +14.1% | +31.2% |
| 2018 | −0.0% | −2.8% | +0.1% | −1.6% | −4.6% |
| 2017 | +3.5% | −1.5% | +3.6% | +9.2% | +21.7% |
| 2016 | +2.2% | −4.4% | +2.4% | +1.2% | +12.0% |
| 2015 | +0.4% | −2.8% | +0.5% | −1.8% | +1.2% |
| 2014 | +6.3% | −1.1% | +6.0% | +27.3% | +13.5% |
| 2013 | −2.0% | −4.9% | −2.0% | −13.4% | +32.3% |
| 2012 | +3.3% | −1.4% | +3.8% | +2.6% | +16.0% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
SCHZ largest drawdowns
Now 3.7% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Aug 4, 2020 | −18.7% | Oct 24, 2022 | not yet | 2.2 years | 6.2 years so far |
| Mar 6, 2020 | −10.3% | Mar 18, 2020 | May 22, 2020 | 12 days | 3 months |
Declines from a closing high (distributions reinvested) of 5% or more. Underwater = time from the peak until the old high was regained.
SCHZ risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2011 |
|---|---|---|---|---|
| Annualized return | +4.1% | −0.6% | +1.1% | +1.8% |
| Volatility (annualized) | 5.6% | 6.6% | 5.3% | 4.6% |
| Sharpe ratio | -0.04 | -0.62 | -0.20 | 0.09 |
| Sortino ratio | -0.06 | -0.77 | -0.27 | 0.13 |
| Best month | +4.6% | +4.6% | +4.6% | +4.6% |
| Worst month | −2.6% | −4.3% | −4.3% | −4.3% |
| Best 12 months | +11.6% | +11.6% | +11.6% | +11.6% |
| Worst 12 months | −1.9% | −15.6% | −15.6% | −15.6% |
| Positive months | 64% | 52% | 53% | 57% |
| Beta vs S&P 500 | 0.23 | 0.27 | 0.16 | — |
| Correlation with S&P 500 | 0.50 | 0.63 | 0.46 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
SCHZ rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 172 | −15.6% | +2.0% | +11.6% | 69% |
| 3-year (a year) | 148 | −5.6% | +2.4% | +5.7% | 77% |
| 5-year (a year) | 124 | −1.1% | +1.9% | +4.4% | 77% |
| 10-year (a year) | 64 | +0.7% | +1.5% | +3.2% | 100% |
Every holding period starting at a month-end since 2011. Returns for 3 years and longer are annualized.
SCHZ performance overview
Schwab U.S. Aggregate Bond ETF (SCHZ) returned −1.2% over the past year and +1.3% a year over ten years, with distributions reinvested. Since its first recorded price in 2011 it has returned +2.0% a year, turning $10,000 into about $13,476. Over the same year U.S. bonds (AGG) returned −1.1%.
The deepest decline was −18.7%, from Aug 4, 2020 to Oct 24, 2022; the fund has not yet regained that high. SCHZ finished 10 of its 14 full calendar years with a gain; the best year was 2019 (+8.6%) and the worst 2022 (−13.2%). Volatility has been 4.6% a year.
Related: SCHZ chart, SCHZ dividends, SCHZ bond profile. See the SCHZ overview for the latest quote and fund facts.
SCHZ performance FAQ
What is the SCHZ return over the past year?
SCHZ returned −1.2% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 5.2%.
What is the average annual return of SCHZ?
SCHZ has returned −0.2% a year over 5 years, +1.3% a year over 10 years, +2.0% a year since July 14, 2011 (total return, distributions reinvested).
How much would $10,000 invested in SCHZ be worth?
$10,000 invested in SCHZ at its first recorded close on July 14, 2011 would be worth about $13,476 on October 23, 2026 with distributions reinvested.
What was the worst year for SCHZ?
The worst calendar year was 2022, with a total return of −13.2%. The best was 2019 at +8.6%.
What is the biggest drawdown of SCHZ?
The largest peak-to-trough decline was −18.7% between August 4, 2020 and October 24, 2022. It has not yet recovered to that high; it is 3.7% below its peak.
How volatile is SCHZ?
Over the past 3 years SCHZ had an annualized volatility of 5.6% and a Sharpe ratio of -0.04 (excess return over 1–3 month T-bills per unit of risk).