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SCHI

Schwab 5-10 Year Corporate Bond ETF
TREND FOLLOWING PERFORMANCE HISTORY
2026-09-10
Executive Summary
The quantitative backtest for SCHI (Schwab 5-10 Year Corporate Bond ETF) using the Excess Return MMA* strategy in a Investing context demonstrated its primary role in risk mitigation, experiencing a maximum drawdown of -4.8% (compared to the benchmark's drawdown of -19.8%). Over the evaluated period, this protective approach generated a Compound Annual Growth Rate (CAGR) of 1.8%, compared to a Buy-and-Hold benchmark return of 0.7%. The strategy executed 10 total trades.

* Excess Return MMA: Multi-Moving Average (Triple-Band) model utilizing sophisticated long/short cross durations optimized against volatility.

🛡️ SCHI Drawdown Shield & Downside Protection

Why Drawdown Dictates Longevity →
Peak Drawdown Defense
-4.8% (vs -19.8% B&H)
+14.9% shallower drawdown
Downside Efficiency
0.76 Sortino
+0.60 vs 0.16 B&H
Capital Sheltered from Risk
48.1% of Time
Earning Treasury yield during downturns
* Drawdown Shield demonstrates how systematic trend-following bounded historical drawdowns and protected principal capital compared to passive Buy & Hold.

📊 SCHI Quality Metrics & KPI Summary

Metric 1Y5YFull
StrategyB&HStrategyB&HStrategyB&H
Max Drawdown-2.83%-3.28%-4.81%-20.45%-4.81%-19.75%
Sharpe Ratio0.03-0.190.580.080.580.10
Sortino Ratio0.05-0.300.750.120.760.16
CAGR0.12%-0.79%1.79%0.50%1.82%0.70%
% Time Invested86.0%100.0%51.2%100.0%51.9%100.0%
Trades / Year0.00.02.00.02.00.0

Cumulative Growth Performance

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Hydrating Performance Trajectory... Loading historical performance data
Figure 1: Cumulative Trajectory Analysis. Logarithmic growth comparison of SCHI under the Excess Return MMA strategy (Investing) versus Buy & Hold. The strategy produced a 1.8% CAGR with a -4.8% Max Drawdown across 10 trade signals (compared to Buy & Hold's 0.7% CAGR and -19.8% Max Drawdown).

Return Distribution Analysis

Histogram of monthly return distribution for SCHI under Excess Return MMA strategy in Investing context, illustrating downside risk mitigation and return skewness.
Figure 2: Monthly Return Distribution Profile. Monthly return distribution for SCHI under Excess Return MMA (Investing). Visualizes return frequency, volatility clustering, and tail-risk truncation relative to standard buy-and-hold returns.
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Top 5 non-correlated asset sleeves evaluated on 1Y daily percentage returns (Pearson r). Compare them side-by-side in Compare Studio to analyze portfolio diversification.

Diversifier Asset Category 1Y Correlation (r) Action
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Trade History

This log shows every signal-driven transition. Completed trades reflect standard market cycles. An Open or Mark-to-Market exit denotes an active position (either in the primary asset or a cash/yield sleeve) valued at the current price for reporting purposes. Interest entries record yield accrued from cash or cash alternatives (like BIL) during out-of-market defensive periods.

Entry DateExit DateTypeAllocationEntry PriceExit PriceNet Return %Exit Reason
🔒 Active Positions & Recent Execution Signals Hidden
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2025-08-06 2026-06-18 Completed 33.33% $21.57 $22.34 3.50% Signal
2026-03-23 2026-06-01 Interest (CASH) 33.33% $1.00 $1.01 0.69% Interest Income
2025-04-30 2026-03-23 Completed 33.33% $20.90 $22.00 5.21% Signal
2025-04-07 2025-08-06 Interest (CASH) 33.33% $1.00 $1.01 1.42% Interest Income
2024-12-30 2025-04-30 Interest (CASH) 33.33% $1.00 $1.01 1.39% Interest Income
2024-03-26 2025-04-07 Completed 33.33% $19.58 $20.82 6.31% Signal
2024-08-01 2024-12-30 Completed 33.33% $20.34 $20.33 -0.14% Signal
2022-03-11 2024-08-05 Interest (CASH) 33.33% $1.00 $1.11 10.78% Interest Income
2024-05-16 2024-08-01 Interest (CASH) 33.33% $1.00 $1.01 1.10% Interest Income
2024-01-11 2024-05-16 Completed 33.33% $19.50 $19.64 0.69% Signal
2023-09-25 2024-03-26 Interest (CASH) 33.33% $1.00 $1.03 2.71% Interest Income
2023-07-11 2024-01-11 Interest (CASH) 33.33% $1.00 $1.03 2.77% Interest Income
2023-05-05 2023-09-25 Completed 33.33% $18.87 $18.25 -3.33% Signal
2023-02-02 2023-07-11 Completed 33.33% $19.04 $18.50 -2.90% Signal
2022-02-11 2023-05-05 Interest (CASH) 33.33% $1.00 $1.04 3.71% Interest Income
2021-11-24 2023-02-02 Interest (CASH) 33.33% $1.00 $1.02 2.48% Interest Income
2021-10-06 2022-03-11 Completed 33.33% $21.07 $19.66 -6.74% Stop
2021-10-06 2022-02-11 Completed 33.33% $21.07 $20.07 -4.77% Signal
2021-10-06 2021-11-24 Completed 33.33% $21.07 $20.69 -1.83% Signal
2021-10-04 2021-10-06 Interest (CASH) 33.33% $1.00 $1.00 0.00% Interest Income
2021-10-04 2021-10-06 Interest (CASH) 33.33% $1.00 $1.00 0.00% Interest Income
2021-10-04 2021-10-06 Interest (CASH) 33.33% $1.00 $1.00 0.00% Interest Income

Next Steps: Portfolio Integration & Comparative Analysis

Single-ticker trend following is designed to truncate tail risk inside a broader portfolio. View where SCHI ranks across 40+ tracked assets, evaluate correlation against non-correlated diversifiers, or model it inside a custom all-weather asset mix.

📊 View Full 40-Asset Backtest Matrix → 🛠️ Build Custom Portfolio with SCHI → ⚖️ Compare SCHI vs Non-Correlated Assets →