LIVE
IBKR
Interactive Brokers Group, Inc. · Financials
$96.00
+15.16% this month
VERSUS
⟷
COMPARE
SCHW
The Charles Schwab Corporation · Financials
$91.70
-0.12% this month
Scoreboard verdict
Across AI score, momentum, valuation, upside, operating margin
IBKR
2
SCHW
2
Comparison scoreboard
MIXED SETUPAI Score
IBKR ✓60.7
SCHW 51.4
1Y Return
IBKR ✓+83.35%
SCHW +3.08%
Fwd P/E
IBKR 33.37
SCHW ✓12.56
Target Up.
IBKR -8.05%
SCHW ✓+27.39%
Op. Margin
IBKR N/A
SCHW 49.35%
Metrics last refreshed: 6/20/2026
Quick take
IBKR vs SCHW Stock Comparison: AI Score, Valuation, Performance and Upside
Interactive Brokers and Charles Schwab are both major brokerage platforms but serve different investor profiles. IBKR serves active traders and sophisticated global investors with the lowest costs and broadest market access. Schwab serves the retail mass market with simpler UX, banking integration, and proprietary investment products. IBKR's revenue comes from sophisticated active traders; Schwab's primary earnings driver is net interest income from $9T in client assets.
IBKR vs SCHW is technology-first global active trader brokerage with lowest costs and multi-currency multi-market access (Interactive Brokers) versus the largest US retail brokerage by assets with net interest income as primary driver from $9T client base plus banking services (Schwab) — active trader platform vs retail mass market financial institution.
Live analysis · updated 6/20/2026
IBKR and SCHW are closely matched — they split the tracked metrics evenly. IBKR has delivered stronger 1-year price return (+83.35% vs +3.08%), though SCHW trades at the lower forward P/E (12.56x vs 33.37x). Analyst consensus implies meaningfully more upside for SCHW (+27.39%) than for IBKR (-8.05%).
Normalized 1Y performance
IBKR
SCHW
Recent returns
IBKR
SCHW
Analyst price targets & sentiment
IBKR · 11 analysts
STRONG BUYHOLDSTRONG SELL
Buy (1.6/5.0)
Price target range
analyst low$64.00
analyst high$109.00
analyst mean$88.27
current price$96.00
-8.0% upside to analyst mean
SCHW
Price target range
analyst mean$116.05
current price$91.70
+27.4% upside to analyst mean
Who should consider this stock?
IBKR may suit investors who:
- →prefer brokerage exposure to sophisticated active traders and institutional clients — a market segment with high ARPU and lower consumer cyclicality than pure retail
- →value IBKR's global multi-currency brokerage model as a unique platform benefiting from global trading volume growth across 150+ markets
- →want brokerage infrastructure exposure without heavy bank balance sheet risk — IBKR's model is more trading-fee/interest-rate spread focused than Schwab's bank deposit model
- →are comfortable with active trading volume cyclicality, platform complexity limiting retail market penetration, and institutional client concentration
SCHW may suit investors who:
- →prefer the largest US retail brokerage by assets with $9T in client assets generating fee and interest income across passive and active investors
- →value Schwab's net interest income model as a beneficiary of higher-for-longer interest rate environments through bank sweep deposits
- →want financial services diversification through Schwab's banking, advisory, and ETF product set alongside core brokerage
- →are comfortable with client cash sorting reducing NII as rates remain elevated, interest rate cycle sensitivity, and bank balance sheet scrutiny in rate-change periods
Performance & AI score
| Metric | IBKR | SCHW |
|---|---|---|
| AI score | 60.7 | 51.4 |
| AI rank | #147 | #376 |
| Latest close | $96.00 | $91.70 |
| 1M return | +15.16% | -0.12% |
| 6M return | +54.04% | -5.08% |
| 1Y return | +83.35% | +3.08% |
$10,000 invested — hypothetical growth (dividends reinvested)
How much would $10,000 be worth today if invested at the start of each period, with all dividends reinvested?
| Period | IBKR | SCHW |
|---|---|---|
| 1Y ago | $18.42K (+84.2%) started 2025-06-18 | $10.2K (+2.0%) started 2025-06-18 |
| 5Y ago | $64.13K (+541.3%) started 2021-06-18 | $14.06K (+40.6%) started 2021-06-21 |
| 10Y ago | $120.03K (+1100.3%) started 2016-06-20 | $40.55K (+305.5%) started 2016-06-20 |
Hypothetical — past performance does not guarantee future results.
Valuation & upside potential
| Metric | IBKR | SCHW |
|---|---|---|
| Market cap | $162.84B | $158.44B |
| Trailing P/E | 41.20 | 18.11 |
| Forward P/E | 33.37 | 12.56 |
| Price/Sales | 25.27 | N/A |
| EV/Revenue | -5.44 | 5.17 |
| Analyst target | $88.27 | $116.05 |
| Target upside | -8.05% | +27.39% |
Growth, profitability & risk
| Metric | IBKR | SCHW |
|---|---|---|
| Revenue growth | 16.80% | 15.80% |
| Earnings growth | 22.90% | 38.60% |
| EPS growth | +22.90% | +38.60% |
| FCF margin | N/A | N/A |
| Operating margin | N/A | 49.35% |
| Profit margin | 16.11% | 37.99% |
| ROIC proxy | 23.56% | 19.08% |
| Return on equity | 23.56% | 19.08% |
| Dividend yield | 0.38% | 1.41% |
| Beta | 1.33 | 0.77 |
| Debt/equity | 152.19 | 120.77 |
| Current ratio | 1.10 | 0.63 |
| Quick ratio | 1.10 | 0.63 |
Drawdown & downside risk
Lower drawdown and smaller single-period drops generally indicate a smoother ride, though they do not guarantee lower future risk.
1Y risk snapshot
IBKR max drawdown18.70%
SCHW max drawdown20.39%
IBKR max wkly drop11.20%
SCHW max wkly drop13.18%
5Y risk snapshot
IBKR max drawdown38.66%
SCHW max drawdown49.70%
IBKR max wkly drop17.05%
SCHW max wkly drop32.23%
10Y risk snapshot
IBKR max drawdown55.09%
SCHW max drawdown51.08%
IBKR max wkly drop19.03%
SCHW max wkly drop32.23%
Performance metrics by period
| Period | Metric | IBKR | SCHW |
|---|---|---|---|
| 1Y | Growth | +83.35% | +1.99% |
| CAGR | +83.43% | +1.99% | |
| Sharpe ratio | 1.69 | 0.02 | |
| Max drawdown | 18.70% | 20.39% | |
| Max daily drop | 7.79% | 7.63% | |
| Max wkly drop | 11.20% | 13.18% | |
| 5Y | Growth | +523.77% | +33.03% |
| CAGR | +44.22% | +5.88% | |
| Sharpe ratio | 1.11 | 0.20 | |
| Max drawdown | 38.66% | 49.70% | |
| Max daily drop | 13.01% | 12.77% | |
| Max wkly drop | 17.05% | 32.23% | |
| 10Y | Growth | +1019.46% | +259.05% |
| CAGR | +27.34% | +13.64% | |
| Sharpe ratio | 0.76 | 0.42 | |
| Max drawdown | 55.09% | 51.08% | |
| Max daily drop | 13.01% | 12.77% | |
| Max wkly drop | 19.03% | 32.23% |
Business comparison
| Category | IBKR | SCHW |
|---|---|---|
| Company | Interactive Brokers Group, Inc. | The Charles Schwab Corporation |
| Sector | Financials | Financial Services |
| Industry | N/A | N/A |
| Core business | Interactive Brokers is a technology-first brokerage platform serving active traders, institutional investors, financial advisors, and hedge funds globally. IBKR operates with extremely low execution costs — routing orders to the best available venue and passing savings to customers. IBKR's global reach (150+ markets, 27 currencies) and product breadth (stocks, options, futures, forex, bonds, cryptocurrency) serve sophisticated investors who want maximum access and low costs. The IBKR platform is more complex than retail-oriented brokers, targeting users who value capability over simplicity. | Charles Schwab is the largest US discount broker by client assets ($9T+), providing retail brokerage, financial advisory, banking, and investment products. Schwab's business model was transformed by zero-commission trading in 2019 — now earning primarily through net interest income (client cash on deposit, margin loans) rather than commissions. Schwab acquired TD Ameritrade in 2020, adding thinkorswim platform (popular with active traders) and substantial retail investor accounts. Schwab also provides investment advisory services and proprietary ETFs. |
| Investor focus | Investors track daily average revenue trades (DARTs), new account growth, net interest income (from margin loans and customer cash), and commission revenue trends as trading activity fluctuates. | Investors track net interest income (the primary earnings driver in higher-rate environments), client asset growth, bank sweep deposit levels (critical for NII), and the pace of client asset sorting from lower-yield bank sweeps to higher-yield money market alternatives. |
IBKR strengths
- →Lowest margin loan rates in the industry — IBKR's margin rates are consistently among the cheapest available for borrowing against securities portfolios
- →Global multi-currency multi-asset brokerage with 150+ markets in 33 countries — far broader geographic and asset class access than domestic retail brokers
- →Technology infrastructure efficiency enables the cost-lowest execution model — IBKR routes orders algorithmically to best execution venues and charges minimal commissions
SCHW strengths
- →$9T+ in client assets creates a massive fee-earning and interest-earning base — Schwab is the largest retail brokerage by assets
- →Proprietary ETFs and investment products create additional fee income beyond brokerage commissions and interest income
- →TD Ameritrade acquisition added thinkorswim active trading platform and millions of retail accounts — expanding both retail mass market and active trader access
Risks to watch — IBKR
- →IBKR's complex platform has significant learning curve — it loses retail investors to simpler Robinhood, Schwab, or Fidelity platforms, limiting consumer market share
- →Active trading is cyclical — market volatility drives trading activity; calm markets reduce commission revenue
- →Customer concentration in professional/institutional traders means IBKR revenue is more sensitive to market conditions than retail-oriented brokers with more passive investors
Risks to watch — SCHW
- →Client cash sorting — as interest rates rose, clients moved cash from low-yield Schwab bank sweeps to higher-yield money markets, reducing NII
- →Interest rate sensitivity: falling rates reduce Schwab's net interest income significantly
- →Schwab bank exposure during the 2023 regional bank stress (Silicon Valley Bank collapse) raised concerns about unrealized bond losses in Schwab Bank's held-to-maturity portfolio
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