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Schwab made investors more money ($84.7B). First Trust had more funds that made money (85%).
The past year, all their funds · Data as of Oct 30, 2026
Tale of the tape 1Y · lower fee wins
Every dot is one bonds & cash fund, placed at its 1-year return. Right of the line = made money. The ringed dot is the middle fund.
| BOX SCORE · BONDS & CASH | First Trust | Schwab |
|---|---|---|
| Funds in the category | 25 | 14 |
| Made money (W–L) | 12–13 | 5–8 |
| Win % | 48% | 38% |
| Money made | $215M | −$342M |
| Typical return | −0.3% | −0.7% |
| Launches · 2026 | 0 | 1 |
| Assets | $34.6B | $86.8B |
| Fee per $100 | $0.55 | $0.04 |
| Fund | Name | Assets | 1Y |
|---|---|---|---|
| FTSM | First Trust Enhanced Short Maturity ETF | $6.8B | +3.5% ✓ |
| LMBS | First Trust Low Duration Opportunities ETF | $6.5B | +1.4% ✓ |
| UCON | First Trust Smith Unconstrained Bond ETF | $3.1B | −1.2% ✕ |
| FIXD | First Trust Smith Opportunistic Fixed Income ETF | $2.8B | −2.7% ✕ |
| FTCB | First Trust Core Investment Grade ETF | $2.7B | −1.9% ✕ |
| FTSL | First Trust Senior Loan Fund | $2.5B | +3.1% ✓ |
| Fund | Name | Assets | 1Y |
|---|---|---|---|
| SCHP | Schwab US TIPS ETF | $17.4B | −0.7% ✕ |
| SCHO | Schwab Short-Term U.S. Treasury ETF | $15.7B | +1.9% ✓ |
| SCHR | Schwab Intermediate-Term U.S. Treasury ETF | $13.6B | −1.2% ✕ |
| SCHI | Schwab 5-10 Year Corporate Bond ETF | $11.1B | −1.6% ✕ |
| SCHZ | Schwab U.S. Aggregate Bond ETF | $10.8B | −1.1% ✕ |
| SMBS | Schwab Strategic Trust - Schwab Mortgage-Backed Securities ETF | $6.4B | −0.5% ✕ |
Pairs that hold the same market. Fee = per $100 a year. Returns within 0.1 points are a tie; 5-year returns are per year.
Squares, left to right: fee · 1 year · 5 years, coloured by who won. Most gaps come from different index rules, not fees.
The past year. Win % counts funds, not dollars; money made is estimated from each fund’s assets and return. Categories with fewer than 3 funds on a side are flagged. Not advice.