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Schwab Strategic Trust - Schwab High Yield Bond ETF is an exchange traded fund launched and managed by Charles Schwab Investment Management, Inc. The fund invests in fixed income markets of the United States. It primarily invests in U.S. dollar denominated below investment grade corporate debt, currently in a coupon paying period, that have a below investment grade rating based on an average of Moody’s, S&P and Fitch and have at least 18 months to final maturity. The fund seeks to track the performance of the ICE BofA US Cash Pay High Yield Constrained Index, by using representative sampling…
Is SCYB's expense ratio expensive, average, or a steal for its category?
Pro reveals the verdict on a 5-tier spectrum calibrated against ICI 2025 industry averages, with strategy-aware bands so the comparison is meaningful.
Carnegie Investment Counsel bought a new position in shares of Schwab High Yield Bond ETF (NYSEARCA:SCYB) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 32,821 shares of the company's stock, valued at approximately $828,000. Several other institutional investors and hedge
Schwab High Yield Bond ETF offers a compelling risk-reward profile as its yield to maturity nears 8%. SCYB's ultra-low 0.03% expense ratio undercuts major competitors, favoring long-term buy-and-hold investors despite lower liquidity. Recent pressure stems from rising Treasury yields has spilled over into rising credit spreads, which provides an opportunity, as further credit weakness would likely trigger a reversal in UST yields.
Schwab High Yield Bond ETF (NYSEARCA:SCYB - Get Free Report)'s stock price reached a new 52-week low on Wednesday. The company traded as low as $25.60 and last traded at $25.60, with a volume of 1190998 shares changing hands. The stock had previously closed at $25.67. Schwab High Yield Bond ETF Stock Performance The
Schwab High Yield Bond ETF offers a ~7% SEC yield and an exceptionally low 0.03% expense ratio, making it a cost-effective high-yield allocation vehicle. SCYB's portfolio is heavily weighted toward BB-rated bonds, but compressed credit spreads (~2.7% high-yield OAS) limit current risk compensation and tactical appeal. Recent performance highlights the importance of timing; year-to-date returns are modest (~1.88%) despite high yields, with credit spread volatility driving results.
The Schwab High Yield Bond ETF has a 7%+ yield with the lowest expense ratio (0.03%) in the high-yield ETF space. SCYB's diversified portfolio of 1,837 holdings limits single-bond risk, but its cyclical sector exposure heightens vulnerability in recessions. With 76.5% of the portfolio refinancing by 2027-2031, SCYB is sensitive to rate and credit spread changes, though current risks appear contained.