ETF comparison

SCHO vs SPTS

Both US Treasury (Short).

Schwab Short-Term U.S. Treasury ETF · State Street SPDR Portfolio Short Term Treasury ETF

Holdings overlap

Weighted by ISIN/CUSIP
90.3 %

93 positions appear in both funds. Buying equal dollars of SCHO and SPTS would leave roughly 90.3% of each dollar exposed to the same underlying securities.

SCHO only 9.0% Shared 90.3% SPTS only 8.8%
In SCHO only
4 positions
Shared
93 positions
In SPTS only
4 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%
SPTS

State Street SPDR Portfolio Short Term Treasury ETF

State Street · US Treasury (Short)

87 composite / 100
Expense ratio
0.030%
Net assets
$5.91B
TTM yield
3.88%
Top-10 conc.
13.7%

Sub-score comparison

97
Cost
97
58
Tax efficiency
58
100
Liquidity
90
93
Concentration
95
Tracking quality
SCHO sub-score SPTS

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

Cost difference

Expense ratios are effectively identical (0.030% vs 0.030%).

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 SPTS.

Top shared holdings

93 shared in total
# Holding In SCHO In SPTS Overlap
1 United States Treasury 2.22% 1.65% 1.65%
2 United States Treasury 1.38% 1.31% 1.31%
3 United States Treasury 1.29% 1.25% 1.25%
4 United States Treasury 1.22% 1.34% 1.22%
5 United States Treasury 1.22% 1.29% 1.22%
6 United States Treasury 1.22% 1.21% 1.21%
7 United States Treasury 1.37% 1.18% 1.18%
8 United States Treasury 1.18% 1.23% 1.18%
9 United States Treasury 1.17% 1.26% 1.17%
10 United States Treasury 1.17% 1.47% 1.17%
11 United States Treasury 1.17% 1.25% 1.17%
12 United States Treasury 1.17% 1.22% 1.17%

Only in SCHO

4 total
  • United States Treasury 1.37%
  • United States Treasury 1.11%
  • United States Treasury 1.00%
  • United States Treasury 0.43%

Only in SPTS

4 total
  • United States Treasury 1.27%
  • United States Treasury 1.21%
  • United States Treasury 0.80%
  • United States Treasury 0.70%

Open SCHO or SPTS 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.