RIGS vs SCHZ
ALPS Strategic Income Fund vs Schwab US Aggregate Bond ETF
Which is better, RIGS or SCHZ?
RIGS has been ahead.
SCHZ has a lower expense ratio. RIGS led over 1Y, 3Y, 5Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | RIGS | SCHZ |
|---|---|---|
| Expense Ratio | 0.46% | 0.03%Best |
| AUM | $56M | $10.6B |
| Dividend Yield | 5.02% | 4.33% |
| Holdings | 84 | 24,843 |
| YTD Return | -0.64%Best | -2.13% |
| 1Y Return | -0.44%Best | -1.99% |
| 3Y Return (annualized) | +5.06%Best | +4.41% |
| 5Y Return (annualized) | +1.67%Best | -0.63% |
| Volatility (annualized) | 4.7%Best | 4.8% |
| Max Drawdown | -18.2%Best | -19.7% |
| $10,000 over 5 years | $10,863Best | $9,689 |
| Fund Family | ALPS Advisors | Charles Schwab Asset Management |
| Category | Fixed Income | Fixed Income |
| Inception | Oct 7, 2013 | Jul 14, 2011 |
Not shown on this pair: Top 10 Weight, Style.
Volatility and max drawdown are measured over the window both funds cover: Oct 9, 2013 to Oct 14, 2026 (13 years).
RIGS vs SCHZ growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 13 years both funds cover.
RIGS vs SCHZ Performance
ALPS Strategic Income Fund (RIGS) is an ETF from ALPS Advisors and Schwab US Aggregate Bond ETF (SCHZ) is an ETF from Charles Schwab Asset Management. Over the past year RIGS returned -0.44% while SCHZ returned -1.99%. Year to date, RIGS is down 0.64% versus a loss of 2.13% for SCHZ.
Over three years, RIGS compounded at +5.06% per year against +4.41% for SCHZ; over five years the annualized figures are +1.67% and -0.63% respectively. Across the full 13-year window we track, RIGS has the edge at +0.85% annualized vs +0.39%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHZ has been the more volatile fund, with annualized monthly volatility of 4.8% compared with 4.7% for RIGS. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -18.2% for RIGS and -19.7% for SCHZ. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.66. They move together some of the time, and apart the rest.
Fees and Cost Over Time
RIGS charges 0.46% per year while SCHZ charges 0.03%. On a $10,000 position that is $46 vs $3 annually, a gap of $43 per year that compounds over a long holding period. On income, RIGS currently yields 5.02% against 4.33% for SCHZ.
Holdings Overlap
We hold position weights for 58 holdings in RIGS and 10,307 in SCHZ, totalling 72.5% and 61.5% of the two funds. Neither is a share of a fund we can divide by, so no overlap percentage is shown here. Within what we can see, 17 positions appear in both.
17 positions in common, counted across the 58 positions we hold weights for in RIGS and 10,307 in SCHZ, against full books of 84 and 24,843.
Top Shared Holdings
| Stock | Weight in RIGS | Weight in SCHZ | Difference |
|---|---|---|---|
| T 4.375 05/15/34United States Treasury Note/Bondus Treasury N/B | 4.73% | 0.36% | 4.37% |
| T 4.5 02/15/44U.S. Treasury Bonds | 4.72% | 0.12% | 4.60% |
| T 4.75 11/15/43Us Treas Bds 4.75% 11/15/43 | 4.03% | 0.12% | 3.91% |
| T 4 11/15/52United States Treasury Note/Bond | 3.98% | 0.14% | 3.84% |
| T 4.75 02/15/37Us Treasury N/B 02/37 4.75 | 2.53% | 0.01% | 2.52% |
| T 4.125 02/29/32Treasury Note (Otr) 4.13% Feb 29, 2032 | 2.16% | 0.14% | 2.02% |
| TXT 5.5 05/15/35Textron Inc. 5.50 05/15/2035 | 1.42% | 0.00% | 1.42% |
| CNXC 6.6 08/02/28Concentrix Corp. 6.60 08/02/2028 | 1.40% | 0.00% | 1.40% |
| LHX 5.4 07/31/33L3Harris Technologies Inc. 5.40 07/31/2033 | 1.21% | 0.00% | 1.21% |
| LVS 6 08/15/29Las Vegas Sands Co 6% 08/15/29 | 1.05% | 0.00% | 1.05% |
You are not choosing between two funds in isolation.
Whichever of RIGS and SCHZ you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, RIGS or SCHZ?
RIGS has an expense ratio of 0.46% while SCHZ charges 0.03%. SCHZ is the cheaper option, by $43 a year on a $10,000 investment.
Which performed better, RIGS or SCHZ?
Over the past year RIGS returned -0.44% vs -1.99% for SCHZ, so RIGS leads on 1-year performance. Over the longest common window we track (13 years), RIGS annualized +0.85% vs +0.39% for SCHZ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, RIGS or SCHZ?
SCHZ has been the more volatile fund at 4.8% annualized versus 4.7% for RIGS. Worst drawdown: RIGS -18.2% vs SCHZ -19.7%.
Should I hold both RIGS and SCHZ?
RIGS and SCHZ have a monthly-return correlation of 0.66, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, RIGS or SCHZ?
RIGS yields 5.02% while SCHZ yields 4.33%, so RIGS currently pays the higher dividend yield.
Is SCHZ better than RIGS?
SCHZ has a lower expense ratio. RIGS led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.