SCHZ vs TOTR
Schwab US Aggregate Bond ETF vs T. Rowe Price Total Return ETF
Which is better, SCHZ or TOTR?
Nearly the same fund. SCHZ costs less.
SCHZ has a lower expense ratio. SCHZ led over 5Y and the full window, TOTR over 1Y and 3Y. 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 | TOTR |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.31% |
| AUM | $10.6B | $566M |
| Dividend Yield | 4.33% | 5.48% |
| Holdings | 24,843 | 1,222 |
| YTD Return | -1.60%Best | -1.64% |
| 1Y Return | -1.50% | -1.25%Best |
| 3Y Return (annualized) | +4.60% | +5.23%Best |
| 5Y Return (annualized) | -0.47%Best | -0.70% |
| Volatility (annualized) | 6.6%Tie | 6.6%Tie |
| Max Drawdown | -17.4%Best | -19.6% |
| $10,000 over 5 years | $9,767Best | $9,655 |
| Fund Family | Charles Schwab Asset Management | T.Rowe Price |
| 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 15, 2026 (5 years).
SCHZ vs TOTR 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 TOTR Performance
Schwab US Aggregate Bond ETF (SCHZ) is an ETF from Charles Schwab Asset Management and T. Rowe Price Total Return ETF (TOTR) is an ETF from T.Rowe Price. Over the past year SCHZ returned -1.50% while TOTR returned -1.25%. Year to date, SCHZ is down 1.60% versus a loss of 1.64% for TOTR.
Over three years, SCHZ compounded at +4.60% per year against +5.23% for TOTR; over five years the annualized figures are -0.47% and -0.70% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHZ and TOTR have been equally volatile, both at 6.6% annualized.
The deepest peak-to-trough decline in our data was -17.4% for SCHZ and -19.6% for TOTR. 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 TOTR charges 0.31%. On a $10,000 position that is $3 vs $31 annually, a gap of $28 per year that compounds over a long holding period. On income, SCHZ currently yields 4.33% against 5.48% for TOTR.
Holdings Overlap
We hold position weights for 10,307 holdings in SCHZ and 522 in TOTR, totalling 61.5% and 55.1% 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, 164 positions appear in both.
164 positions in common, counted across the 10,307 positions we hold weights for in SCHZ and 522 in TOTR, against full books of 24,843 and 1,222.
Top Shared Holdings
| Stock | Weight in SCHZ | Weight in TOTR | Difference |
|---|---|---|---|
| T 4.125 08/15/44United States Treasury Bond 0.04% Aug 15/44 | 0.11% | 2.66% | 2.55% |
| T 4.375 01/31/32Treasury Note (Otr) 4.38% Jan 31, 2032 | 0.14% | 1.88% | 1.74% |
| T 4.125 02/29/32Treasury Note (Otr) 4.13% Feb 29, 2032 | 0.14% | 1.85% | 1.71% |
| T 4.25 08/15/54Treasury Bond (Otr) 4.25% Aug 15, 2054 | 0.18% | 1.80% | 1.62% |
| T 4.625 02/15/55Us Treasury N/B 4.63 2055-02-15 | 0.19% | 1.60% | 1.41% |
| T 4.75 02/15/45Us Treasury N/B 4.75 2/45 | 0.12% | 1.62% | 1.50% |
| T 4.5 12/31/31U.S. Treasury Note, 4.50%, Due 12/31/2031 | 0.14% | 1.30% | 1.16% |
| T 4.625 11/15/44Treasury Bond (Otr) 4.63% Nov 15, 2044 | 0.12% | 1.00% | 0.88% |
| FNCL 5.5 10/11Fannie Mae Or Freddie Mac 2050-10-01 | 0.20% | 0.86% | 0.66% |
| FN MA4492Fannie Mae Pool 2.0% 12/01/2051 | 0.04% | 1.02% | 0.98% |
You are not choosing between two funds in isolation.
Whichever of SCHZ and TOTR 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 TOTR?
SCHZ has an expense ratio of 0.03% while TOTR charges 0.31%. SCHZ is the cheaper option, by $28 a year on a $10,000 investment.
Which performed better, SCHZ or TOTR?
Over the past year SCHZ returned -1.50% vs -1.25% for TOTR, so TOTR leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SCHZ or TOTR?
SCHZ and TOTR have been equally volatile, both at 6.6% annualized. Worst drawdown: SCHZ -17.4% vs TOTR -19.6%.
Should I hold both SCHZ and TOTR?
SCHZ and TOTR 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 TOTR?
SCHZ yields 4.33% while TOTR yields 5.48%, so TOTR currently pays the higher dividend yield.
Is TOTR better than SCHZ?
SCHZ has a lower expense ratio. SCHZ led over 5Y and the full window, TOTR over 1Y and 3Y. 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.