Schwab 5-10 Year Corporate Bond ETF

Frequently Asked Questions About SCHI

What does SCHI invest in?

To pursue its goal, the fund generally invests in securities that are included in the index. The index measures the performance of U.S. investment grade, taxable corporate bonds with maturities greater than or equal to five years and less than ten years that have $300 million or more of outstanding face value. It is the fund's policy that under normal circumstances it will invest at least 90% of its net assets in securities included in the index.

What is the expense ratio of SCHI?

Schwab 5-10 Year Corporate Bond ETF (SCHI) charges an expense ratio of 0.03%. This is the annual fee deducted from fund assets to cover management and operations.

What is SCHI's dividend yield?

SCHI's trailing-twelve-month yield is 5.26%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of SCHI?

Effective duration measures SCHI's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. SCHI's current duration is published on the fund's factsheet on the issuer's website.

What is the credit quality of SCHI?

SCHI's credit quality breakdown (the share of holdings rated AAA through CCC and below) is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.

What is the yield to maturity of SCHI?

Yield to maturity (YTM) is the total return you'd earn from SCHI if every bond in the portfolio is held to maturity at the current price. SCHI's YTM is published on the fund's factsheet on the issuer's website. It differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.