Schwab Short-Term U.S. Treasury ETF (SCHO): Historical Returns

Data Source: from September 2010 to February 2024 (~14 years)
Consolidated Returns as of 29 February 2024
Category: Fixed Income
Schwab Short-Term U.S. Treasury ETF (SCHO) ETF
ETF • LIVE PERFORMANCE (USD currency)
0.44%
February 2024

In the last 10 Years, the Schwab Short-Term U.S. Treasury ETF (SCHO) ETF obtained a 0.93% compound annual return, with a 1.46% standard deviation.

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The ETF is related to the following investment themes:

  • Asset Class: Bond
  • Region: North America
  • Country: U.S.
  • Bond - Duration: Short Term

Investment Returns as of Feb 29, 2024

The Schwab Short-Term U.S. Treasury ETF (SCHO) ETF guaranteed the following returns.

Returns are calculated in USD, assuming:
  • no fees or capital gain taxes.
  • the reinvestment of dividends.
  • the actual US Inflation rates.
SCHWAB SHORT-TERM U.S. TREASURY ETF (SCHO) ETF
Consolidated returns as of 29 February 2024
Swipe left to see all data
  Chg (%) Return (%) Return (%) as of Feb 29, 2024
  1 Day Time ET(*) Mar 2024 1M 6M 1Y 5Y 10Y MAX
(~14Y)
Schwab Short-Term U.S. Treasury ETF (SCHO) ETF n.a. n.a. -0.44 2.41 4.24 1.12 0.93 0.85
US Inflation Adjusted return -0.44 1.25 1.49 -2.86 -1.79 -1.74
Returns over 1 year are annualized | Available data source: since Sep 2010
(*) Eastern Time (ET - America/New York)
US Inflation is updated to Jan 2024. Pending updates, the monthly inflation is set at 0% for the subsequent periods. Current inflation (annualized) is 1Y: 2.71% , 5Y: 4.10% , 10Y: 2.77%

In 2023, the Schwab Short-Term U.S. Treasury ETF (SCHO) ETF granted a 3.84% dividend yield. If you are interested in getting periodic income, please refer to the Schwab Short-Term U.S. Treasury ETF (SCHO) ETF: Dividend Yield page.

Capital Growth as of Feb 29, 2024

An investment of 1$, since March 2014, now would be worth 1.10$, with a total return of 9.70% (0.93% annualized).

The Inflation Adjusted Capital now would be 0.83$, with a net total return of -16.56% (-1.79% annualized).
An investment of 1$, since September 2010, now would be worth 1.12$, with a total return of 12.10% (0.85% annualized).

The Inflation Adjusted Capital now would be 0.79$, with a net total return of -21.11% (-1.74% annualized).

Investment Metrics as of Feb 29, 2024

Metrics of Schwab Short-Term U.S. Treasury ETF (SCHO) ETF, updated as of 29 February 2024.

Metrics are calculated based on monthly returns, assuming:
  • no fees or capital gain taxes.
  • the reinvestment of dividends.
  • the actual US Inflation rates.
SCHWAB SHORT-TERM U.S. TREASURY ETF (SCHO) ETF
Advanced Metrics
Data Source: 1 September 2010 - 29 February 2024 (~14 years)
Swipe left to see all data
Metrics as of Feb 29, 2024
1M 3M 6M 1Y 3Y 5Y 10Y MAX
(~14Y)
Investment Return (%) -0.44 1.09 2.41 4.24 -0.19 1.12 0.93 0.85
Infl. Adjusted Return (%) details -0.44 0.55 1.25 1.49 -5.42 -2.86 -1.79 -1.74
US Inflation (%) 0.00 0.54 1.14 2.71 5.52 4.10 2.77 2.64
Pending updates, the monthly inflation after Jan 2024 is set at 0%. Returns / Inflation rates over 1 year are annualized.
DRAWDOWN
Inflation Adjusted:
Inflation Adjusted:
1Y 3Y 5Y 10Y MAX
Deepest Drawdown Depth (%) -0.87 -5.28 -5.28 -5.28 -5.28
Start to Recovery (# months) details 6 33* 33* 33* 33*
Start (yyyy mm) 2023 05 2021 06 2021 06 2021 06 2021 06
Start to Bottom (# months) 2 17 17 17 17
Bottom (yyyy mm) 2023 06 2022 10 2022 10 2022 10 2022 10
Bottom to End (# months) 4 16 16 16 16
End (yyyy mm) 2023 10 - - - -
Longest Drawdown Depth (%)
same as
deepest

same as
deepest

same as
deepest

same as
deepest

same as
deepest
Start to Recovery (# months) details
Start (yyyy mm) 2023 05 2021 06 2021 06 2021 06 2021 06
Start to Bottom (# months) 2 17 17 17 17
Bottom (yyyy mm) 2023 06 2022 10 2022 10 2022 10 2022 10
Bottom to End (# months) 4 16 16 16 16
End (yyyy mm) 2023 10 - - - -
Longest negative period (# months) details 5 36* 47* 47* 47*
Period Start (yyyy mm) 2023 05 2021 03 2020 04 2020 04 2020 04
Period End (yyyy mm) 2023 09 2024 02 2024 02 2024 02 2024 02
Annualized Return (%) -0.54 -0.19 -0.08 -0.08 -0.08
Drawdowns / Negative periods marked with * are in progress
Deepest Drawdown Depth (%) -1.77 -16.81 -19.16 -19.16 -22.44
Start to Recovery (# months) details 9 36* 45* 45* 162*
Start (yyyy mm) 2023 04 2021 03 2020 06 2020 06 2010 09
Start to Bottom (# months) 6 31 40 40 157
Bottom (yyyy mm) 2023 09 2023 09 2023 09 2023 09 2023 09
Bottom to End (# months) 3 5 5 5 5
End (yyyy mm) 2023 12 - - - -
Longest Drawdown Depth (%)
same as
deepest

same as
deepest

same as
deepest
-5.85
same as
deepest
Start to Recovery (# months) details 63
Start (yyyy mm) 2023 04 2021 03 2020 06 2015 02 2010 09
Start to Bottom (# months) 6 31 40 45 157
Bottom (yyyy mm) 2023 09 2023 09 2023 09 2018 10 2023 09
Bottom to End (# months) 3 5 5 18 5
End (yyyy mm) 2023 12 - - 2020 04 -
Longest negative period (# months) details 11* 36* 60* 120* 162*
Period Start (yyyy mm) 2023 04 2021 03 2019 03 2014 03 2010 09
Period End (yyyy mm) 2024 02 2024 02 2024 02 2024 02 2024 02
Annualized Return (%) -0.09 -5.42 -2.86 -1.79 -1.74
Drawdowns / Negative periods marked with * are in progress
RISK INDICATORS
1Y 3Y 5Y 10Y MAX
Standard Deviation (%) 2.22 2.15 1.91 1.46 1.29
Sharpe Ratio -0.43 -1.19 -0.37 -0.17 -2.44
Sortino Ratio -0.66 -1.75 -0.53 -0.25 -3.66
Ulcer Index 0.33 2.87 2.24 1.60 1.38
Ratio: Return / Standard Deviation 1.91 -0.09 0.59 0.64 0.66
Ratio: Return / Deepest Drawdown 4.88 -0.04 0.21 0.18 0.16
% Positive Months details 66% 44% 56% 57% 57%
Positive Months 8 16 34 69 93
Negative Months 4 20 26 51 69
LONG TERM RETURNS
Inflation Adjusted:
Inflation Adjusted:
1Y 3Y 5Y 10Y MAX
Best 10 Years Return (%) - Annualized 0.93 1.22
Worst 10 Years Return (%) - Annualized 0.51
Best 10 Years Return (%) - Annualized -1.79 -0.50
Worst 10 Years Return (%) - Annualized -2.01
ROLLING PERIODS
Inflation Adjusted:
Inflation Adjusted:
1Y 3Y 5Y 10Y MAX
Over the latest 10Y
Best Rolling Return (%) - Annualized 5.37 2.83 1.84 0.93
Worst Rolling Return (%) - Annualized -5.07 -1.20 0.48
% Positive Periods 72% 77% 100% 100%
SWR - Safe Withdrawal Rate (%) - 100% Success - Annualized 93.88 29.50 18.98 9.49
PWR - Perpetual Withdrawal Rate (%) - 100% Success - Annualized - - - -
WR calculated based on initial capital | Monthly withdrawals adjusted for inflation | Credits: BestRetirementPortfolio.com
Best Rolling Return (%) - Annualized 4.93 1.01 0.24 -1.79
Worst Rolling Return (%) - Annualized -12.27 -6.58 -3.23
% Positive Periods 37% 21% 8% 0%
SWR - Safe Withdrawal Rate (%) - 100% Success - Annualized 93.88 29.50 18.98 9.49
PWR - Perpetual Withdrawal Rate (%) - 100% Success - Annualized - - - -
WR calculated based on initial capital | Monthly withdrawals adjusted for inflation | Credits: BestRetirementPortfolio.com
Over all the available data source (Sep 2010 - Feb 2024)
Best Rolling Return (%) - Annualized 5.37 2.83 1.84 1.22
Worst Rolling Return (%) - Annualized -5.07 -1.20 0.37 0.51
% Positive Periods 80% 85% 100% 100%
SWR - Safe Withdrawal Rate (%) - 100% Success - Annualized 93.88 29.50 18.98 9.44
PWR - Perpetual Withdrawal Rate (%) - 100% Success - Annualized - - - -
WR calculated based on initial capital | Monthly withdrawals adjusted for inflation | Credits: BestRetirementPortfolio.com
Best Rolling Return (%) - Annualized 4.93 1.01 0.24 -0.50
Worst Rolling Return (%) - Annualized -12.27 -6.58 -3.23 -2.01
% Positive Periods 27% 14% 4% 0%
SWR - Safe Withdrawal Rate (%) - 100% Success - Annualized 93.88 29.50 18.98 9.44
PWR - Perpetual Withdrawal Rate (%) - 100% Success - Annualized - - - -
WR calculated based on initial capital | Monthly withdrawals adjusted for inflation | Credits: BestRetirementPortfolio.com
Terms and Definitions
  • Annualized Portfolio Return: it's the annualized geometric mean return of the portfolio.
  • Deepest/Longest Drawdown: a drawdown refers to the decline in value from a relative peak value to a relative trough. The deepest (or maximum) drawdown is the maximum observed loss from a peak to a trough of a portfolio before a new peak is attained. The longest drawdown is the period observed from a peak to the subsequent peak with the greatest duration.
  • Longest negative period: it's the maximum period for which an overall negative return has been observed.
  • Standard Deviation: it's a measure of the dispersion of returns around the mean.
  • Sharpe Ratio: it's a measure of risk-adjusted performance of the portfolio. It's calculated by dividing the excess return of the portfolio over the risk-free rate by the portfolio standard deviation. The risk-free rate here considered is the 1-3 Mth T-Bill return.
  • Sortino Ratio: another measure of risk-adjusted performance of the portfolio. It's a modification of the Sharpe Ratio (same formula but the denominator is the portfolio downside standard deviation).
  • Ulcer Index: it's a measure of downside risk that quantifies the depth and duration of drawdowns in an investment portfolio.
  • Best/Worst 10Y returns: the best and the worst 10-year return over a time frame.
  • Rolling Returns: N-year returns over a time frame, calculated over all the available data source (best, worst, % of positive returns). Each rolling period, longer than the longest negative period, yielded a non-negative minimum return.
  • Safe Withdrawal Rate (SWR): it's the percentage of the initial portfolio balance that can be withdrawn at the beginning of each month with inflation adjustment, without the portfolio running out of money in any case (money amount withdrawal).
    For instance: Your initial invested capital is 100.000$; withdrawal rate (annualized) is 4%. This means that, in the first month, you will withdraw 100.000 * 4% * 1/12 = 333.33$. The second month, you’ll withdraw 333.33$ plus the inflation monthly rate. You’ll continue adjusting your withdraw monthly for inflation.
  • Perpetual Withdrawal Rate (PWR): it's the percentage of the initial portfolio balance that can be withdrawn at the beginning of each month with inflation adjustment, preserving the original invested capital, adjusted for inflation too.

Correlations as of Feb 29, 2024

Correlation measures to what degree the returns of the two assets move in relation to each other.

Correlation coefficient is a numerical value between -1 and +1. If one variable goes up by a certain amount, the correlation coefficient indicates which way the other variable moves and by how much.
Asset correlations are calculated based on monthly returns.

Monthly correlations of Schwab Short-Term U.S. Treasury ETF (SCHO) ETF vs the main Asset Classes, over different timeframes. Columns are sortable (click on table header to sort).

SCHWAB SHORT-TERM U.S. TREASURY ETF (SCHO) ETF
Monthly correlations as of 29 February 2024
Swipe left to see all data
Correlation vs SCHO
Asset Class 1 Year 5 Years 10 Years Since
Sep 2010
VTI
US Total Stock Market
0.20
0.11
0.02
0.00
SPY
US Large Cap
0.24
0.12
0.03
0.01
IJR
US Small Cap
0.07
-0.02
-0.08
-0.10
VNQ
US REITs
0.29
0.14
0.15
0.15
QQQ
US Technology
0.32
0.24
0.13
0.11
PFF
Preferred Stocks
0.10
0.17
0.17
0.15
EFA
EAFE Stocks
0.39
0.19
0.10
0.08
VT
World All Countries
0.27
0.13
0.05
0.03
EEM
Emerging Markets
0.23
0.16
0.11
0.08
VGK
Europe
0.40
0.17
0.10
0.08
VPL
Pacific
0.34
0.22
0.11
0.09
FLLA
Latin America
0.16
-0.11
-0.09
-0.08
BND
US Total Bond Market
0.79
0.74
0.74
0.73
TLT
Long Term Treasuries
0.69
0.68
0.67
0.60
BIL
US Cash
0.04
0.29
0.27
0.26
TIP
TIPS
0.88
0.63
0.62
0.57
LQD
Invest. Grade Bonds
0.73
0.59
0.58
0.55
HYG
High Yield Bonds
0.61
0.29
0.23
0.19
CWB
US Convertible Bonds
0.18
0.07
0.03
0.01
BNDX
International Bonds
0.79
0.63
0.60
0.57
EMB
Emerg. Market Bonds
0.47
0.28
0.29
0.28
GLD
Gold
0.64
0.37
0.37
0.32
DBC
Commodities
-0.08
-0.29
-0.23
-0.20

If you want to learn more about historical correlations, you can find out here how the main asset class are correlated to each other.

Drawdowns

A drawdown refers to the decline in value from a relative peak value to a relative trough. A maximum drawdown is the maximum observed loss from a peak to a trough of a portfolio before a new peak is attained.

SCHWAB SHORT-TERM U.S. TREASURY ETF (SCHO) ETF
Drawdown periods
Drawdown periods - Inflation Adjusted
Data Source: 1 March 2014 - 29 February 2024 (10 Years)
Data Source: 1 September 2010 - 29 February 2024 (~14 years)
Inflation Adjusted:
Swipe left to see all data
Drawdown period
Recovery period
Total
Drawdown Start Bottom #Months End #Months #Months Ulcer Index
-5.28% Jun 2021 Oct 2022 17 in progress 16 33 2.99
-0.82% Sep 2017 Apr 2018 8 Nov 2018 7 15 0.49
-0.63% Jul 2016 Nov 2016 5 Jul 2017 8 13 0.33
-0.47% Oct 2015 Dec 2015 3 Jan 2016 1 4 0.28
-0.24% Feb 2015 Feb 2015 1 Apr 2015 2 3 0.12
-0.16% Dec 2014 Dec 2014 1 Jan 2015 1 2 0.09
-0.14% Sep 2019 Sep 2019 1 Oct 2019 1 2 0.08
-0.13% Mar 2014 Mar 2014 1 Apr 2014 1 2 0.07
-0.12% May 2016 May 2016 1 Jun 2016 1 2 0.07
-0.10% Jun 2014 Jul 2014 2 Aug 2014 1 3 0.05
-0.09% Feb 2021 Mar 2021 2 May 2021 2 4 0.05
-0.08% Jul 2019 Jul 2019 1 Aug 2019 1 2 0.04
-0.06% Nov 2019 Nov 2019 1 Dec 2019 1 2 0.03
-0.06% Aug 2020 Sep 2020 2 Dec 2020 3 5 0.04
-0.05% Aug 2015 Aug 2015 1 Sep 2015 1 2 0.03
Swipe left to see all data
Drawdown (DD)
Occurrencies (EOM)
Drawdown (DD)
Range #Num Every (Avg) Frequency Cumulative Frequency
All Time High (DD=0%) 39 3.1 Months 32.23%
 
DD = 0% 32.23%
 
0% < DD <= -5% 80 1.5 Months 66.12%
 
DD <= -5% 98.35%
 
-5% < DD <= -10% 2 60.5 Months 1.65%
 
DD <= -10% 100.00%
 
-10% < DD <= -15% 0 - 0.00%
 
DD <= -15% 100.00%
 
-15% < DD <= -20% 0 - 0.00%
 
DD <= -20% 100.00%
 
-20% < DD <= -25% 0 - 0.00%
 
DD <= -25% 100.00%
 
-25% < DD <= -30% 0 - 0.00%
 
DD <= -30% 100.00%
 
-30% < DD <= -35% 0 - 0.00%
 
DD <= -35% 100.00%
 
-35% < DD <= -40% 0 - 0.00%
 
DD <= -40% 100.00%
 
-40% < DD <= -45% 0 - 0.00%
 
DD <= -45% 100.00%
 
-45% < DD <= -50% 0 - 0.00%
 
DD <= -50% 100.00%
 
-50% < DD <= -55% 0 - 0.00%
 
DD <= -55% 100.00%
 
-55% < DD <= -60% 0 - 0.00%
 
DD <= -60% 100.00%
 
-60% < DD <= -65% 0 - 0.00%
 
DD <= -65% 100.00%
 
-65% < DD <= -70% 0 - 0.00%
 
DD <= -70% 100.00%
 
-70% < DD <= -100% 0 - 0.00%
 
DD <= -100% 100.00%
 
Swipe left to see all data
Drawdown period
Recovery period
Total
Drawdown Start Bottom #Months End #Months #Months Ulcer Index
-19.16% Jun 2020 Sep 2023 40 in progress 5 45 13.28
-5.85% Feb 2015 Oct 2018 45 Apr 2020 18 63 3.29
-0.79% Mar 2014 Jul 2014 5 Dec 2014 5 10 0.47
Swipe left to see all data
Drawdown (DD)
Occurrencies (EOM)
Drawdown (DD)
Range #Num Every (Avg) Frequency Cumulative Frequency
All Time High (DD=0%) 5 24.2 Months 4.13%
 
DD = 0% 4.13%
 
0% < DD <= -5% 73 1.7 Months 60.33%
 
DD <= -5% 64.46%
 
-5% < DD <= -10% 17 7.1 Months 14.05%
 
DD <= -10% 78.51%
 
-10% < DD <= -15% 5 24.2 Months 4.13%
 
DD <= -15% 82.64%
 
-15% < DD <= -20% 21 5.8 Months 17.36%
 
DD <= -20% 100.00%
 
-20% < DD <= -25% 0 - 0.00%
 
DD <= -25% 100.00%
 
-25% < DD <= -30% 0 - 0.00%
 
DD <= -30% 100.00%
 
-30% < DD <= -35% 0 - 0.00%
 
DD <= -35% 100.00%
 
-35% < DD <= -40% 0 - 0.00%
 
DD <= -40% 100.00%
 
-40% < DD <= -45% 0 - 0.00%
 
DD <= -45% 100.00%
 
-45% < DD <= -50% 0 - 0.00%
 
DD <= -50% 100.00%
 
-50% < DD <= -55% 0 - 0.00%
 
DD <= -55% 100.00%
 
-55% < DD <= -60% 0 - 0.00%
 
DD <= -60% 100.00%
 
-60% < DD <= -65% 0 - 0.00%
 
DD <= -65% 100.00%
 
-65% < DD <= -70% 0 - 0.00%
 
DD <= -70% 100.00%
 
-70% < DD <= -100% 0 - 0.00%
 
DD <= -100% 100.00%
 
Swipe left to see all data
Drawdown period
Recovery period
Total
Drawdown Start Bottom #Months End #Months #Months Ulcer Index
-5.28% Jun 2021 Oct 2022 17 in progress 16 33 2.99
-0.82% Sep 2017 Apr 2018 8 Nov 2018 7 15 0.49
-0.63% Jul 2016 Nov 2016 5 Jul 2017 8 13 0.33
-0.47% Oct 2015 Dec 2015 3 Jan 2016 1 4 0.28
-0.46% Nov 2010 Mar 2011 5 Apr 2011 1 6 0.28
-0.24% Feb 2015 Feb 2015 1 Apr 2015 2 3 0.12
-0.23% May 2013 Jun 2013 2 Oct 2013 4 6 0.13
-0.23% Feb 2012 Mar 2012 2 Apr 2012 1 3 0.14
-0.17% Sep 2011 Oct 2011 2 Nov 2011 1 3 0.10
-0.16% Dec 2014 Dec 2014 1 Jan 2015 1 2 0.09
-0.14% Sep 2019 Sep 2019 1 Oct 2019 1 2 0.08
-0.13% Mar 2014 Mar 2014 1 Apr 2014 1 2 0.07
-0.12% May 2016 May 2016 1 Jun 2016 1 2 0.07
-0.10% Jun 2014 Jul 2014 2 Aug 2014 1 3 0.05
-0.09% Feb 2021 Mar 2021 2 May 2021 2 4 0.05
Swipe left to see all data
Drawdown (DD)
Occurrencies (EOM)
Drawdown (DD)
Range #Num Every (Avg) Frequency Cumulative Frequency
All Time High (DD=0%) 58 2.8 Months 35.58%
 
DD = 0% 35.58%
 
0% < DD <= -5% 103 1.6 Months 63.19%
 
DD <= -5% 98.77%
 
-5% < DD <= -10% 2 81.5 Months 1.23%
 
DD <= -10% 100.00%
 
-10% < DD <= -15% 0 - 0.00%
 
DD <= -15% 100.00%
 
-15% < DD <= -20% 0 - 0.00%
 
DD <= -20% 100.00%
 
-20% < DD <= -25% 0 - 0.00%
 
DD <= -25% 100.00%
 
-25% < DD <= -30% 0 - 0.00%
 
DD <= -30% 100.00%
 
-30% < DD <= -35% 0 - 0.00%
 
DD <= -35% 100.00%
 
-35% < DD <= -40% 0 - 0.00%
 
DD <= -40% 100.00%
 
-40% < DD <= -45% 0 - 0.00%
 
DD <= -45% 100.00%
 
-45% < DD <= -50% 0 - 0.00%
 
DD <= -50% 100.00%
 
-50% < DD <= -55% 0 - 0.00%
 
DD <= -55% 100.00%
 
-55% < DD <= -60% 0 - 0.00%
 
DD <= -60% 100.00%
 
-60% < DD <= -65% 0 - 0.00%
 
DD <= -65% 100.00%
 
-65% < DD <= -70% 0 - 0.00%
 
DD <= -70% 100.00%
 
-70% < DD <= -100% 0 - 0.00%
 
DD <= -100% 100.00%
 
Swipe left to see all data
Drawdown period
Recovery period
Total
Drawdown Start Bottom #Months End #Months #Months Ulcer Index
-22.44% Sep 2010 Sep 2023 157 in progress 5 162 10.08
Swipe left to see all data
Drawdown (DD)
Occurrencies (EOM)
Drawdown (DD)
Range #Num Every (Avg) Frequency Cumulative Frequency
All Time High (DD=0%) 1 163.0 Months 0.61%
 
DD = 0% 0.61%
 
0% < DD <= -5% 48 3.4 Months 29.45%
 
DD <= -5% 30.06%
 
-5% < DD <= -10% 84 1.9 Months 51.53%
 
DD <= -10% 81.60%
 
-10% < DD <= -15% 5 32.6 Months 3.07%
 
DD <= -15% 84.66%
 
-15% < DD <= -20% 6 27.2 Months 3.68%
 
DD <= -20% 88.34%
 
-20% < DD <= -25% 19 8.6 Months 11.66%
 
DD <= -25% 100.00%
 
-25% < DD <= -30% 0 - 0.00%
 
DD <= -30% 100.00%
 
-30% < DD <= -35% 0 - 0.00%
 
DD <= -35% 100.00%
 
-35% < DD <= -40% 0 - 0.00%
 
DD <= -40% 100.00%
 
-40% < DD <= -45% 0 - 0.00%
 
DD <= -45% 100.00%
 
-45% < DD <= -50% 0 - 0.00%
 
DD <= -50% 100.00%
 
-50% < DD <= -55% 0 - 0.00%
 
DD <= -55% 100.00%
 
-55% < DD <= -60% 0 - 0.00%
 
DD <= -60% 100.00%
 
-60% < DD <= -65% 0 - 0.00%
 
DD <= -65% 100.00%
 
-65% < DD <= -70% 0 - 0.00%
 
DD <= -70% 100.00%
 
-70% < DD <= -100% 0 - 0.00%
 
DD <= -100% 100.00%
 

Rolling Returns

( more details)

A rolling return is a measure of investment performance that calculates the return of an investment over a set period of time, with the starting date rolling forward. This approach can provide a more accurate representation of the investment's historical performance and helps investors to evaluate the investment's consistency over time.

SCHWAB SHORT-TERM U.S. TREASURY ETF (SCHO) ETF
Annualized Rolling Returns
Annualized Rolling Returns - Inflation Adjusted
Data Source: 1 March 2014 - 29 February 2024 (10 Years)
Data Source: 1 September 2010 - 29 February 2024 (~14 years)
Inflation Adjusted:
Swipe left to see all data
Rolling
Period
Worst Period
15th Percentile
50th Percentile
85th Percentile
Best Period
Latest Negative
Periods
Ann.
Return
From
To
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
From
To
Growth
of 1$
1Y -5.07 10/2021
09/2022
0.94$ -0.38 0.99$ 0.62 1.00$ 3.54 1.03$ 5.37 04/2019
03/2020
1.05$ 4.24 27.52%
2Y -2.61 11/2020
10/2022
0.94$ -1.50 0.97$ 0.60 1.01$ 2.72 1.05$ 4.15 05/2018
04/2020
1.08$ 0.60 25.77%
3Y -1.20 07/2020
06/2023
0.96$ -0.55 0.98$ 0.68 1.02$ 2.62 1.08$ 2.83 02/2018
01/2021
1.08$ -0.19 22.35%
5Y 0.48 10/2017
09/2022
1.02$ 0.85 1.04$ 1.23 1.06$ 1.73 1.08$ 1.84 01/2016
12/2020
1.09$ 1.12 0.00%
7Y 0.48 10/2015
09/2022
1.03$ 0.63 1.04$ 0.84 1.06$ 1.39 1.10$ 1.43 04/2014
03/2021
1.10$ 1.09 0.00%
10Y 0.93 03/2014
02/2024
1.09$ 0.93 1.09$ 0.93 1.09$ 0.93 1.09$ 0.93 03/2014
02/2024
1.09$ 0.93 0.00%
Annualized rolling and percentiles/median returns over full calendar month periods
Swipe left to see all data
Rolling
Period
Worst Period
15th Percentile
50th Percentile
85th Percentile
Best Period
Latest Negative
Periods
Ann.
Return
From
To
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
From
To
Growth
of 1$
1Y -12.27 10/2021
09/2022
0.87$ -6.77 0.93$ -1.25 0.98$ 1.79 1.01$ 4.93 05/2019
04/2020
1.04$ 1.49 62.39%
2Y -8.97 11/2020
10/2022
0.82$ -7.33 0.85$ -1.16 0.97$ 0.47 1.00$ 2.97 06/2018
05/2020
1.06$ -3.57 71.13%
3Y -6.58 07/2020
06/2023
0.81$ -5.42 0.84$ -1.15 0.96$ 0.62 1.01$ 1.01 05/2017
04/2020
1.03$ -5.42 78.82%
5Y -3.23 11/2017
10/2022
0.84$ -2.94 0.86$ -0.92 0.95$ -0.12 0.99$ 0.24 06/2015
05/2020
1.01$ -2.86 91.80%
7Y -2.85 03/2016
02/2023
0.81$ -2.69 0.82$ -2.30 0.84$ -0.59 0.95$ -0.20 03/2014
02/2021
0.98$ -2.30 100.00%
10Y -1.79 03/2014
02/2024
0.83$ -1.79 0.83$ -1.79 0.83$ -1.79 0.83$ -1.79 03/2014
02/2024
0.83$ -1.79 100.00%
Annualized rolling and percentiles/median returns over full calendar month periods
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Rolling
Period
Worst Period
15th Percentile
50th Percentile
85th Percentile
Best Period
Latest Negative
Periods
Ann.
Return
From
To
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
From
To
Growth
of 1$
1Y -5.07 10/2021
09/2022
0.94$ -0.14 0.99$ 0.53 1.00$ 3.11 1.03$ 5.37 04/2019
03/2020
1.05$ 4.24 19.87%
2Y -2.61 11/2020
10/2022
0.94$ -0.63 0.98$ 0.57 1.01$ 2.09 1.04$ 4.15 05/2018
04/2020
1.08$ 0.60 17.99%
3Y -1.20 07/2020
06/2023
0.96$ -0.07 0.99$ 0.61 1.01$ 2.48 1.07$ 2.83 02/2018
01/2021
1.08$ -0.19 14.96%
5Y 0.37 05/2013
04/2018
1.01$ 0.49 1.02$ 0.87 1.04$ 1.61 1.08$ 1.84 01/2016
12/2020
1.09$ 1.12 0.00%
7Y 0.42 10/2011
09/2018
1.03$ 0.53 1.03$ 0.84 1.06$ 1.42 1.10$ 1.49 09/2013
08/2020
1.10$ 1.09 0.00%
10Y 0.51 11/2012
10/2022
1.05$ 0.63 1.06$ 0.90 1.09$ 1.19 1.12$ 1.22 04/2011
03/2021
1.12$ 0.93 0.00%
Annualized rolling and percentiles/median returns over full calendar month periods
Swipe left to see all data
Rolling
Period
Worst Period
15th Percentile
50th Percentile
85th Percentile
Best Period
Latest Negative
Periods
Ann.
Return
From
To
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
Growth
of 1$
Ann.
Return
From
To
Growth
of 1$
1Y -12.27 10/2021
09/2022
0.87$ -4.50 0.95$ -1.26 0.98$ 1.07 1.01$ 4.93 05/2019
04/2020
1.04$ 1.49 72.19%
2Y -8.97 11/2020
10/2022
0.82$ -5.46 0.89$ -1.12 0.97$ 0.27 1.00$ 2.97 06/2018
05/2020
1.06$ -3.57 79.14%
3Y -6.58 07/2020
06/2023
0.81$ -4.86 0.86$ -0.91 0.97$ -0.11 0.99$ 1.01 05/2017
04/2020
1.03$ -5.42 85.04%
5Y -3.23 11/2017
10/2022
0.84$ -2.85 0.86$ -0.85 0.95$ -0.36 0.98$ 0.24 06/2015
05/2020
1.01$ -2.86 95.15%
7Y -2.85 03/2016
02/2023
0.81$ -2.61 0.83$ -1.08 0.92$ -0.23 0.98$ 0.05 06/2013
05/2020
1.00$ -2.30 97.47%
10Y -2.01 10/2013
09/2023
0.81$ -1.98 0.81$ -1.66 0.84$ -0.56 0.94$ -0.50 04/2011
03/2021
0.95$ -1.79 100.00%
Annualized rolling and percentiles/median returns over full calendar month periods

If you need a deeper detail about rolling returns, please refer to the Schwab Short-Term U.S. Treasury ETF (SCHO) ETF: Rolling Returns page.

Seasonality

In which months is it better to invest in Schwab Short-Term U.S. Treasury ETF (SCHO) ETF?

Both the Average Return and the Gain Frequency (Win %) are useful to get an idea of what happened in the past.
For further information about the seasonality, check the Asset Class Seasonality page.
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Monthly Average Return (%) and Gain Frequency
Return (%) Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Average
Gain Frequency
0.20
80%
-0.16
20%
0.44
60%
0.02
80%
0.22
80%
-0.16
40%
0.20
80%
0.07
40%
-0.31
0%
0.07
60%
0.28
60%
0.27
80%
Best 0.7
2023
0.9
2020
1.7
2023
0.3
2023
0.8
2019
0.5
2019
0.5
2022
0.8
2019
0.0
2020
0.3
2019
1.1
2023
1.2
2023
Worst -0.7
2022
-0.7
2023
-1.4
2022
-0.5
2022
-0.4
2023
-0.6
2022
-0.1
2019
-0.8
2022
-1.2
2022
-0.3
2021
-0.1
2019
-0.2
2021
Monthly Seasonality over the period Oct 2010 - Feb 2024
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Monthly Average Return (%) and Gain Frequency
Return (%) Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Average
Gain Frequency
0.21
80%
-0.08
50%
0.26
70%
0.03
80%
0.16
80%
-0.03
40%
0.12
60%
0.08
50%
-0.16
20%
0.04
50%
0.11
50%
0.20
60%
Best 0.7
2023
0.9
2020
1.7
2023
0.3
2023
0.8
2019
0.6
2016
0.5
2022
0.8
2019
0.3
2015
0.3
2019
1.1
2023
1.2
2023
Worst -0.7
2022
-0.7
2023
-1.4
2022
-0.5
2022
-0.4
2023
-0.6
2022
-0.1
2014
-0.8
2022
-1.2
2022
-0.3
2021
-0.4
2016
-0.2
2021
Monthly Seasonality over the period Oct 2010 - Feb 2024
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Monthly Average Return (%) and Gain Frequency
Return (%) Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Average
Gain Frequency
0.18
86%
-0.06
50%
0.18
54%
0.09
85%
0.14
69%
-0.04
31%
0.14
69%
0.08
54%
-0.10
29%
0.04
57%
0.09
57%
0.12
50%
Best 0.7
2023
0.9
2020
1.7
2023
0.5
2011
0.8
2019
0.6
2016
0.5
2022
0.8
2019
0.3
2015
0.3
2019
1.1
2023
1.2
2023
Worst -0.7
2022
-0.7
2023
-1.4
2022
-0.5
2022
-0.4
2023
-0.6
2022
-0.1
2014
-0.8
2022
-1.2
2022
-0.3
2021
-0.4
2016
-0.2
2021
Monthly Seasonality over the period Oct 2010 - Feb 2024

Monthly Returns

This section provides a visual/tabular representation of the performance variability in the Schwab Short-Term U.S. Treasury ETF (SCHO) ETF over time. It illustrates the distribution of monthly returns, showcasing the range and frequency of positive and negative returns.

SCHWAB SHORT-TERM U.S. TREASURY ETF (SCHO) ETF
Monthly Returns Distribution
Data Source: 1 March 2014 - 29 February 2024 (10 Years)
Data Source: 1 September 2010 - 29 February 2024 (~14 years)
69 Positive Months (58%) - 51 Negative Months (43%)
93 Positive Months (57%) - 69 Negative Months (43%)
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(Scroll down to see all data)
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