Schwab Short-Term U.S. Treasury ETF

Frequently Asked Questions About SCHO

What does SCHO invest in?

The fund will invest at least 90% of its net assets (including, for this purpose, any borrowings for investment purposes) in securities included in the index. The index includes all publicly-issued U.S. Treasury securities that have a remaining maturity of greater than or equal to one year and less than three years, are rated investment grade, and have $300 million or more of outstanding face value. The securities in the index must be denominated in U.S. dollars and must be fixed-rate and non-convertible.

What is the expense ratio of SCHO?

Schwab Short-Term U.S. Treasury ETF (SCHO) charges an expense ratio of 0.03%. This is the annual fee deducted from fund assets to cover management and operations.

What is SCHO's dividend yield?

SCHO's trailing-twelve-month yield is 3.83%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of SCHO?

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

What is the credit quality of SCHO?

SCHO'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 SCHO?

Yield to maturity (YTM) is the total return you'd earn from SCHO if every bond in the portfolio is held to maturity at the current price. SCHO'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.