ETF comparison

PCYvsSCHZ

International Bond vs US Aggregate Bond.

Invesco Emerging Markets Sovereign Debt ETF · Schwab U.S. Aggregate Bond ETF

Holdings overlap

Weighted by ISIN/CUSIP
0.1%

18 positions appear in both funds. Buying equal dollars of PCY and SCHZ would leave roughly0.1%of each dollar exposed to the same underlying securities.

PCY only 98.6%Shared 0.1%SCHZ only 98.8%
In PCY only
83 positions
Shared
18 positions
In SCHZ only
12,309 positions

Side by side

PCY

Invesco Emerging Markets Sovereign Debt ETF

Invesco · International Bond

58composite / 100
Expense ratio
0.50%
Net assets
$1.31B
TTM yield
6.05%
Top-10 conc.
19.1%
SCHZ

Schwab U.S. Aggregate Bond ETF

Schwab · US Aggregate Bond

89composite / 100
Expense ratio
0.030%
Net assets
$10.67B
TTM yield
4.27%
Top-10 conc.
4.9%

Sub-score comparison

50
Cost
97
48
Tax efficiency
52
62
Liquidity
100
87
Concentration
100
Tracking quality
PCYsub-scoreSCHZ

Tracking quality isn't part of the composite — seewhat we don't scorefor why.

Cost difference

SCHZ is 47 bps cheaper than PCY. On a $100,000 position that's about $470/yr more in fees for PCY.

Fee figure is the annual expense charged on $100,000. To see how the gap compounds over a multi-decade holding period, open thecost calculator pre-filled with PCY vs SCHZ.

Top shared holdings

18 shared in total
#HoldingIn PCYIn SCHZOverlap
1Panama Government International Bond0.99%0.01%0.01%
2Mexico Government International Bond0.94%0.01%0.01%
3Republic of Poland Government International Bond1.46%0.01%0.01%
4Mexico Government International Bond0.94%0.01%0.01%
5Hungary Government International Bond0.95%0.01%0.01%
6Chile Government International Bond0.94%0.01%0.01%
7Peruvian Government International Bond0.96%0.00%0.00%
8Chile Government International Bond0.95%0.00%0.00%
9Peruvian Government International Bond0.95%0.00%0.00%
10Panama Government International Bond0.99%0.00%0.00%
11Philippine Government International Bond0.96%0.00%0.00%
12Philippine Government International Bond0.94%0.00%0.00%

Only in PCY

83 total
  • Mongolia Government International Bond1.47%
  • Kuwait International Government Bond1.44%
  • Kuwait International Government Bond1.42%
  • Mongolia Government International Bond1.42%
  • Pakistan Government International Bond1.37%
  • Pakistan Government International Bond1.33%
  • Angolan Government International Bond1.04%
  • Angolan Government International Bond1.03%
  • Angolan Government International Bond1.00%
  • Nigeria Government International Bond1.00%

Only in SCHZ

12,309 total
  • United States Treasury0.39%
  • United States Treasury0.39%
  • United States Treasury0.39%
  • United States Treasury0.37%
  • United States Treasury0.37%
  • United States Treasury0.37%
  • United States Treasury0.36%
  • United States Treasury0.36%
  • United States Treasury0.36%
  • United States Treasury0.36%

Open PCY or SCHZ at a brokerage

Both funds trade commission-free at major US brokerages.

Affiliate links — opening an account through these earns PlainIndex a one-time referral. Scoring is computed before any affiliate consideration; see our methodologyand funding disclosure.

Holdings overlap is the sum of min(weight_a, weight_b) over positions matched on ISIN (CUSIP fallback). Methodology: see/methodology/.

Comparing two funds doesn't endorse swapping one for the other. Tax-lot history, account type, and personal goals matter — PlainIndex publishes data and methodology, not investment advice.