Schwab U.S. Aggregate Bond ETF

Frequently Asked Questions About SCHZ

What does SCHZ invest in?

Schwab Strategic Trust - Schwab U.S. Aggregate Bond ETF is an exchange traded fund launched and managed by Charles Schwab Investment Management, Inc. The fund invests in the fixed income markets of the United States. It primarily invests in U.S. dollar denominated fixed-rate investment grade treasuries, government-related and corporate bonds, mortgage pass-through securities, commercial mortgage-backed securities, and asset-backed securities with one or more years remaining to maturity. The fund seeks to track the performance of the Bloomberg US Aggregate Bond Index, by using representative sampling technique. Schwab Strategic Trust - Schwab U.S. Aggregate Bond ETF was formed on July 14, 2011 and is domiciled in the United States.

What is the expense ratio of SCHZ?

Schwab U.S. Aggregate Bond ETF (SCHZ) charges an expense ratio of 0.03%. This is the annual fee deducted from fund assets to cover management and operations.

What is SCHZ's dividend yield?

SCHZ's trailing-twelve-month yield is 4.22%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of SCHZ?

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

What is the credit quality of SCHZ?

SCHZ'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 SCHZ?

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