SCHZ vs SPAB: Yield, Cost and Returns Compared
As of Nov 5, 2026, SCHZ yields more: 3.53% (dividend yield) against 3.49% for SPAB. SCHZ is cheaper to own at 0.03% a year vs 0.03%. Over the same 15 years (Jul 2011 to Oct 2026), SCHZ returned 2.1% a year with distributions reinvested, and SPAB 2.0%.
| Compared | SCHZ | SPAB |
|---|---|---|
| YieldDividend yield | 3.53% | 3.49% |
| Expense ratio | 0.03% | 0.03% |
| Total return, 1 yr | −0.2% | −0.2% |
| Total return, 3 yr (a year) | +5.4% | +5.4% |
| Total return, 5 yr (a year) | −0.2% | −0.2% |
| Total return, 10 yr (a year) | +1.6% | +1.4% |
| Worst drop since Jul 2011 | -17.3% | -17.2% |
| Share price since Jul 2011 | −10% | −13% |
| Pays | Monthly | Monthly |
| Issuer | Schwab | State Street Investment Management |
| Assets | $10.8B | $10.4B |
| Started | 2011 | 2007 |
| Type | Intermediate Core Bond | Intermediate Core Bond |
Higher yield
SCHZ
3.53%
Lower cost
SCHZ
0.03%
Better total return
SCHZ
2.1%/yr
Smaller worst drop
SPAB
-17.2%
Key facts: SCHZ vs SPAB
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, SCHZ yields 3.53% (dividend yield) and SPAB yields 3.49% (dividend yield).
- SCHZ's expense ratio is 0.03% and SPAB's is 0.03%: $3 vs $3 a year on $10,000.
- From Jul 2011 to Oct 2026, $10,000 in SCHZ grew to $13,700 (2.1% a year) and $10,000 in SPAB to $13,471 (2.0% a year), distributions reinvested.
- Their worst month-end drops over that time: -17.3% for SCHZ and -17.2% for SPAB.
Cite this page
SmarterDividends, "SCHZ vs SPAB: Yield, Cost and Returns Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/schz-vs-spab
$10,000 in each, Jul 2011 to Oct 2026
Distributions reinvested, month-end values, with the S&P 500 for reference.
SCHZ became
$13,700
2.1% a year
SPAB became
$13,471
2.0% a year
Year by year
| Year | SCHZ | SPAB |
|---|---|---|
| 2025 | +7.3% | +7.2% |
| 2024 | +1.3% | +1.2% |
| 2023 | +5.5% | +5.6% |
| 2022 | −13.1% | −13.1% |
| 2021 | −1.7% | −1.8% |
| 2020 | +7.5% | +7.4% |
| 2019 | +8.6% | +8.7% |
| 2018 | +0.0% | −0.2% |
| 2017 | +5.4% | +3.7% |
| 2016 | +2.2% | +2.3% |
| 2015 | +0.4% | +0.4% |
| 2014 | +6.3% | +6.0% |
| 2013 | −2.0% | −2.2% |
| 2012 | +3.3% | +3.9% |
Total return each calendar year, distributions reinvested.
Top holdings
No overlap in the top ten.
SCHZ
- Holdings not reported.
SPAB
- GVMXX State Street Instl US Govt MMkt Premier3.3%
SCHZ vs SPAB: questions
Is SCHZ or SPAB better?
It depends on the job. SCHZ pays more today (3.53% vs 3.49%), SCHZ costs less, and SCHZ has the better total return over Jul 2011 to Oct 2026, with SPAB holding up better in its worst stretch. For income, look at yield and whether the payouts hold up; for growth, total return and drawdowns.
Which pays a higher dividend, SCHZ or SPAB?
SCHZ, at 3.53% against 3.49% for SPAB as of Nov 5, 2026. On $10,000 that's about $353 vs $349 a year at today's rates.
Which has the better total return?
SCHZ. From Jul 2011 to Oct 2026, it returned 2.1% a year with distributions reinvested, against 2.0% for SPAB. $10,000 became $13,700 vs $13,471.
Which is cheaper, SCHZ or SPAB?
SCHZ, with a 0.03% expense ratio against 0.03%.
Yields, costs and holdings as each fund reports them (via Yahoo Finance), updated daily; returns from month-end prices with distributions reinvested. SPAB leads on 4 of 7 measures above. For information only, not investment advice. Last fund data: Nov 5, 2026.