ETF comparison

SCHO vs SHY

Both US Treasury (Short).

Schwab Short-Term U.S. Treasury ETF · iShares 1-3 Year Treasury Bond ETF

Holdings overlap

Weighted by ISIN/CUSIP
80.7 %

84 positions appear in both funds. Buying equal dollars of SCHO and SHY would leave roughly 80.7% of each dollar exposed to the same underlying securities.

SCHO only 18.6% Shared 80.7% SHY only 18.6%
In SCHO only
13 positions
Shared
84 positions
In SHY only
6 positions

Side by side

SCHO

Schwab Short-Term U.S. Treasury ETF

Schwab · US Treasury (Short)

89 composite / 100
Expense ratio
0.030%
Net assets
$12.95B
TTM yield
3.90%
Top-10 conc.
14.6%
SHY

iShares 1-3 Year Treasury Bond ETF

iShares · US Treasury (Short)

84 composite / 100
Expense ratio
0.15%
Net assets
$25.36B
TTM yield
3.65%
Top-10 conc.
17.0%

Sub-score comparison

97
Cost
85
58
Tax efficiency
58
100
Liquidity
100
93
Concentration
90
Tracking quality
SCHO sub-score SHY

Tracking quality isn't part of the composite — see what we don't score for why.

Cost difference

SCHO is 12 bps cheaper than SHY. On a $100,000 position that's about $120/yr more in fees for SHY.

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

Top shared holdings

84 shared in total
# Holding In SCHO In SHY Overlap
1 United States Treasury 2.22% 1.71% 1.71%
2 United States Treasury 1.37% 1.53% 1.37%
3 United States Treasury 1.38% 1.31% 1.31%
4 United States Treasury 1.22% 1.28% 1.22%
5 United States Treasury 1.22% 1.25% 1.22%
6 United States Treasury 1.22% 1.35% 1.22%
7 United States Treasury 1.18% 1.33% 1.18%
8 United States Treasury 1.17% 1.33% 1.17%
9 United States Treasury 1.17% 1.62% 1.17%
10 United States Treasury 1.17% 1.34% 1.17%
11 United States Treasury 1.17% 1.40% 1.17%
12 United States Treasury 1.17% 1.95% 1.17%

Only in SCHO

13 total
  • United States Treasury 1.38%
  • United States Treasury 1.37%
  • United States Treasury 1.29%
  • United States Treasury 1.15%
  • United States Treasury 1.14%
  • United States Treasury 1.06%
  • United States Treasury 0.92%
  • State Street Institutional US Government Money Market Fund 0.21%
  • United States Treasury 0.16%
  • United States Treasury 0.16%

Only in SHY

6 total
  • United States of America 1.55%
  • United States of America 1.14%
  • United States of America 1.13%
  • United States of America 0.44%
  • BlackRock Funds III 0.27%
  • United States of America 0.15%

Open SCHO or SHY 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 methodology and 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.