SCHZ vs SSFI
Schwab US Aggregate Bond ETF vs Day Hagan Smart Sector Fixed Income ETF
Which is better, SCHZ or SSFI?
Nearly the same fund. SCHZ costs less.
SCHZ has a lower expense ratio. SCHZ led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.98.
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 | SCHZ | SSFI |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.75% |
| AUM | $10.6B | $29M |
| Dividend Yield | 4.33% | 3.96% |
| Holdings | 24,843 | 17 |
| YTD Return | -2.13%Best | -2.59% |
| 1Y Return | -1.99%Best | -2.62% |
| 3Y Return (annualized) | +4.41%Best | +3.70% |
| 5Y Return (annualized) | -0.63%Best | -0.86% |
| Volatility (annualized) | 6.5% | 6.1%Best |
| Max Drawdown | -17.4% | -16.1%Best |
| $10,000 over 5 years | $9,689Best | $9,577 |
| Fund Family | Charles Schwab Asset Management | Day Hagan Funds |
| Category | Fixed Income | Fixed Income |
| Inception | Jul 14, 2011 | Sep 28, 2021 |
Not shown on this pair: Top 10 Weight, Style.
Volatility and max drawdown are measured over the window both funds cover: Sep 29, 2021 to Oct 14, 2026 (5 years).
SCHZ vs SSFI 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 5 years both funds cover.
SCHZ vs SSFI Performance
Schwab US Aggregate Bond ETF (SCHZ) is an ETF from Charles Schwab Asset Management and Day Hagan Smart Sector Fixed Income ETF (SSFI) is an ETF from Day Hagan Funds. Over the past year SCHZ returned -1.99% while SSFI returned -2.62%. Year to date, SCHZ is down 2.13% versus a loss of 2.59% for SSFI.
Over three years, SCHZ compounded at +4.41% per year against +3.70% for SSFI; over five years the annualized figures are -0.63% and -0.86% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHZ has been the more volatile fund, with annualized monthly volatility of 6.5% compared with 6.1% for SSFI. 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 -17.4% for SCHZ and -16.1% for SSFI. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.98. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
SCHZ charges 0.03% per year while SSFI charges 0.75%. On a $10,000 position that is $3 vs $75 annually, a gap of $72 per year that compounds over a long holding period. On income, SCHZ currently yields 4.33% against 3.96% for SSFI.
Holdings Overlap
We hold position weights for 10,307 holdings in SCHZ and 9 in SSFI, totalling 61.5% and 100.0% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 10,307 positions we hold weights for in SCHZ and 9 in SSFI, against full books of 24,843 and 17.
You are not choosing between two funds in isolation.
Whichever of SCHZ and SSFI 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, SCHZ or SSFI?
SCHZ has an expense ratio of 0.03% while SSFI charges 0.75%. SCHZ is the cheaper option, by $72 a year on a $10,000 investment.
Which performed better, SCHZ or SSFI?
Over the past year SCHZ returned -1.99% vs -2.62% for SSFI, so SCHZ leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SCHZ or SSFI?
SCHZ has been the more volatile fund at 6.5% annualized versus 6.1% for SSFI. Worst drawdown: SCHZ -17.4% vs SSFI -16.1%.
Should I hold both SCHZ and SSFI?
SCHZ and SSFI have a monthly-return correlation of 0.98, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
Which pays a higher dividend, SCHZ or SSFI?
SCHZ yields 4.33% while SSFI yields 3.96%, so SCHZ currently pays the higher dividend yield.
Is SSFI better than SCHZ?
SCHZ has a lower expense ratio. SCHZ led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.98. Which one suits a particular account depends on what it is for. This is information, not a recommendation.