LIVE
SCHW
The Charles Schwab Corporation · Financials
$91.70
-0.12% this month
VERSUS
⟷
COMPARE
IBKR
Interactive Brokers Group, Inc. · Financials
$96.00
+15.16% this month
Scoreboard verdict
Across AI score, momentum, valuation, upside, operating margin
SCHW
2
IBKR
2
Comparison scoreboard
MIXED SETUPAI Score
SCHW 51.4
IBKR ✓60.7
1Y Return
SCHW +3.08%
IBKR ✓+83.35%
Fwd P/E
SCHW ✓12.56
IBKR 33.37
Target Up.
SCHW ✓+27.39%
IBKR -8.05%
Op. Margin
SCHW 49.35%
IBKR N/A
Metrics last refreshed: 6/20/2026
Quick take
SCHW vs IBKR Stock Comparison: AI Score, Valuation, Performance and Upside
Charles Schwab and Interactive Brokers are both brokerage leaders but serve different client segments with different revenue models. Schwab is the mass-market retail brokerage giant earning primarily through client cash sweep spreads; IBKR is a technology-first brokerage for active traders and advisors earning through margin lending and commissions. Schwab is more exposed to interest rate headwinds; IBKR is more exposed to trading volume cycles.
The choice between SCHW and IBKR depends on an investor's view on interest rates and brokerage activity levels — Schwab benefits most from higher rates and asset-gathering, while Interactive Brokers benefits most from higher trading volumes and margin lending demand.
Live analysis · updated 6/20/2026
SCHW and IBKR 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
SCHW
IBKR
Recent returns
SCHW
IBKR
Analyst price targets & sentiment
SCHW
Price target range
analyst mean$116.05
current price$91.70
+27.4% upside to analyst mean
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
Who should consider this stock?
SCHW may suit investors who:
- →want the largest US retail brokerage franchise with $8T+ in client assets
- →believe rates will remain elevated, supporting Schwab's NII-driven revenue model
- →value the breadth of Schwab's financial services platform including banking and asset management
- →prefer steady asset-gathering compounding over trading-activity-dependent revenue
IBKR may suit investors who:
- →prefer a technology-driven brokerage with superior execution and global market access
- →want exposure to margin lending and active trading revenue streams
- →value the rapidly growing RIA custodian platform and international client expansion
- →are comfortable with founder-controlled governance in exchange for unique competitive positioning
Performance & AI score
| Metric | SCHW | IBKR |
|---|---|---|
| AI score | 51.4 | 60.7 |
| AI rank | #376 | #147 |
| Latest close | $91.70 | $96.00 |
| 1M return | -0.12% | +15.16% |
| 6M return | -5.08% | +54.04% |
| 1Y return | +3.08% | +83.35% |
$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 | SCHW | IBKR |
|---|---|---|
| 1Y ago | $10.2K (+2.0%) started 2025-06-18 | $18.42K (+84.2%) started 2025-06-18 |
| 5Y ago | $14.06K (+40.6%) started 2021-06-21 | $64.13K (+541.3%) started 2021-06-18 |
| 10Y ago | $40.55K (+305.5%) started 2016-06-20 | $120.03K (+1100.3%) started 2016-06-20 |
Hypothetical — past performance does not guarantee future results.
Valuation & upside potential
| Metric | SCHW | IBKR |
|---|---|---|
| Market cap | $158.44B | $162.84B |
| Trailing P/E | 18.11 | 41.20 |
| Forward P/E | 12.56 | 33.37 |
| Price/Sales | N/A | 25.27 |
| EV/Revenue | 5.17 | -5.44 |
| Analyst target | $116.05 | $88.27 |
| Target upside | +27.39% | -8.05% |
Growth, profitability & risk
| Metric | SCHW | IBKR |
|---|---|---|
| Revenue growth | 15.80% | 16.80% |
| Earnings growth | 38.60% | 22.90% |
| EPS growth | +38.60% | +22.90% |
| FCF margin | N/A | N/A |
| Operating margin | 49.35% | N/A |
| Profit margin | 37.99% | 16.11% |
| ROIC proxy | 19.08% | 23.56% |
| Return on equity | 19.08% | 23.56% |
| Dividend yield | 1.41% | 0.38% |
| Beta | 0.77 | 1.33 |
| Debt/equity | 120.77 | 152.19 |
| Current ratio | 0.63 | 1.10 |
| Quick ratio | 0.63 | 1.10 |
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
SCHW max drawdown20.39%
IBKR max drawdown18.70%
SCHW max wkly drop13.18%
IBKR max wkly drop11.20%
5Y risk snapshot
SCHW max drawdown49.70%
IBKR max drawdown38.66%
SCHW max wkly drop32.23%
IBKR max wkly drop17.05%
10Y risk snapshot
SCHW max drawdown51.08%
IBKR max drawdown55.09%
SCHW max wkly drop32.23%
IBKR max wkly drop19.03%
Performance metrics by period
| Period | Metric | SCHW | IBKR |
|---|---|---|---|
| 1Y | Growth | +1.99% | +83.35% |
| CAGR | +1.99% | +83.43% | |
| Sharpe ratio | 0.02 | 1.69 | |
| Max drawdown | 20.39% | 18.70% | |
| Max daily drop | 7.63% | 7.79% | |
| Max wkly drop | 13.18% | 11.20% | |
| 5Y | Growth | +33.03% | +523.77% |
| CAGR | +5.88% | +44.22% | |
| Sharpe ratio | 0.20 | 1.11 | |
| Max drawdown | 49.70% | 38.66% | |
| Max daily drop | 12.77% | 13.01% | |
| Max wkly drop | 32.23% | 17.05% | |
| 10Y | Growth | +259.05% | +1019.46% |
| CAGR | +13.64% | +27.34% | |
| Sharpe ratio | 0.42 | 0.76 | |
| Max drawdown | 51.08% | 55.09% | |
| Max daily drop | 12.77% | 13.01% | |
| Max wkly drop | 32.23% | 19.03% |
Business comparison
| Category | SCHW | IBKR |
|---|---|---|
| Company | The Charles Schwab Corporation | Interactive Brokers Group, Inc. |
| Sector | Financial Services | Financials |
| Industry | N/A | N/A |
| Core business | Charles Schwab is the largest US retail brokerage by client assets, generating the majority of its revenue from net interest income on client cash held in sweep accounts and from its bank subsidiary. Following the TD Ameritrade acquisition, Schwab manages over $8 trillion in client assets and operates a full-service financial services platform including ETFs, robo-advisory, wealth management, and banking. Its asset-gathering model depends on retaining client cash balances at Schwab Bank. | Interactive Brokers is a technology-focused brokerage serving active traders, hedge funds, and increasingly registered investment advisors and retail investors globally. Unlike Schwab's cash-spread model, IBKR earns revenue from commissions, margin lending interest, and currency exchange on a highly automated, low-cost platform. The IBKR Pro platform is favored by sophisticated traders for its execution quality and global market access; IBKR Lite serves retail clients with zero-commission trading. |
| Investor focus | Investors track net interest margin (NIM) sensitivity to interest rates — Schwab earns more on client cash when rates are high — client asset net flows, and the pace of cash sorting (clients moving cash from sweep to higher-yield alternatives like money market funds). | Investors track margin loan balances (IBKR earns spread on margin lending to active traders), daily average revenue trades (DARTs), client equity growth, and the global expansion of the RIA custodian business. |
SCHW strengths
- →Largest US retail brokerage with $8T+ in client assets creating a massive, sticky revenue base
- →TD Ameritrade integration completed, achieving cost synergies while expanding the client base
- →Schwab Asset Management provides fee-based revenue via ETFs independent of interest rates
IBKR strengths
- →Technology-driven platform with best-in-class execution quality attracts high-value active traders
- →Margin lending provides an interest rate-sensitive revenue stream that benefits in high-rate environments
- →Global market access in 150+ markets differentiates IBKR from domestically focused US brokers
Risks to watch — SCHW
- →NII is highly sensitive to interest rate cuts, which reduce the yield on client cash sweep balances
- →Client cash sorting — moving to higher-yield money market funds — compresses net interest income
- →Balance sheet complexity from the TD Ameritrade integration and bank subsidiary
Risks to watch — IBKR
- →Revenue is more tied to trading activity which can be volatile across market regimes
- →Lower brand recognition than Schwab limits mass-market retail growth
- →Founder-controlled structure with Thomas Peterffy holding majority voting control
Frequently asked questions
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