Schwab Short-Term US Treasury ETF™
- SCHO
- Price as of: Jan 22, 2021
-
$51.39
N/A N/A
- Primary Theme
- Short-Term U.S. Treasury Note
- Fund Company
- Schwab ETFs
SCHO - Snapshot
Vitals
- YTD Return 0.0%
- 3 Yr Annualized Return 2.7%
- 5 Yr Annualized Return 1.8%
- Net Assets $7.8 B
- Holdings in Top 10 20.7%
52 WEEK LOW AND HIGH
Expenses
OPERATING RELATED FEES
- Expense Ratio 0.06%
SALES FEES
- Front Load N/A
- Deferred Load N/A
BROKERAGE FEES
- Turnover 77.00%
TRADING FEES
- Max Redemption Fee N/A
Min Investment
- Standard (Taxable) N/A
- IRA N/A
Fund Classification
-
Primary Theme
Short-Term U.S. Treasury Note
- Fund Type Exchange Traded Fund
- Investment Style Short Government
SCHO - Profile
Distributions
- YTD Total Return 0.0%
- 3 Yr Annualized Total Return 2.7%
- 5 Yr Annualized Total Return 1.8%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 2.27%
- Dividend Yield 1.0%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameSchwab Short-Term U.S. Treasury ETF™
-
Fund Family NameSchwab ETFs
-
Inception DateAug 05, 2010
-
Shares Outstanding151850000
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerMatthew Hastings
Fund Description
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.
SCHO - Performance
Return Ranking - Trailing
Period | SCHO Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 0.0% | -0.7% | 0.2% | 18.95% |
1 Yr | 3.1% | 0.3% | 5.9% | 56.84% |
3 Yr | 2.7%* | 0.9% | 4.2% | 38.95% |
5 Yr | 1.8%* | 0.2% | 3.2% | 47.37% |
10 Yr | 1.2%* | 0.0% | 2.6% | 57.47% |
* Annualized
Return Ranking - Calendar
Period | SCHO Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2020 | 1.8% | -1.8% | 4.9% | 59.34% |
2019 | 1.1% | -1.4% | 3.3% | 48.31% |
2018 | -0.2% | -80.0% | 0.1% | 12.50% |
2017 | -0.8% | -4.6% | 0.4% | 42.86% |
2016 | 0.0% | -4.1% | 900.0% | 11.90% |
Total Return Ranking - Trailing
Period | SCHO Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 0.0% | -0.7% | 0.2% | 18.95% |
1 Yr | 3.1% | -3.1% | 5.9% | 47.87% |
3 Yr | 2.7%* | 0.1% | 4.2% | 37.23% |
5 Yr | 1.8%* | 0.1% | 3.2% | 44.68% |
10 Yr | 1.2%* | 0.0% | 2.6% | 58.14% |
* Annualized
Total Return Ranking - Calendar
Period | SCHO Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2020 | 1.8% | -1.8% | 4.9% | 59.34% |
2019 | 1.1% | -1.4% | 3.3% | 50.56% |
2018 | -0.2% | -80.0% | 2.2% | 19.32% |
2017 | -0.8% | -4.6% | 1.2% | 47.62% |
2016 | 0.0% | -4.1% | 900.0% | 19.05% |
SCHO - Holdings
Concentration Analysis
SCHO | Category Low | Category High | SCHO % Rank | |
---|---|---|---|---|
Net Assets | 7.8 B | 1.41 M | 19.6 B | 12.63% |
Number of Holdings | 94 | 1 | 1623 | 68.42% |
Net Assets in Top 10 | 1.61 B | 1.31 M | 9.05 B | 13.68% |
Weighting of Top 10 | 20.65% | 17.4% | 100.0% | 88.51% |
Top 10 Holdings
- United States Treasury Notes 0.12% 3.67%
- United States Treasury Notes 0.12% 3.34%
- United States Treasury Notes 0.12% 2.81%
- United States Treasury Notes 1.5% 2.80%
- US Treasury Note 0.12% 2.76%
- United States Treasury Notes 1.38% 2.76%
- United States Treasury Notes 2.12% 2.74%
- United States Treasury Notes 0.25% 2.57%
- United States Treasury Notes 1.12% 2.44%
- United States Treasury Notes 0.12% 2.31%
Asset Allocation
Weighting | Return Low | Return High | SCHO % Rank | |
---|---|---|---|---|
Bonds | 99.92% | 39.95% | 100.27% | 11.58% |
Cash | 0.08% | -0.60% | 60.05% | 88.42% |
Stocks | 0.00% | 0.00% | 0.00% | 6.32% |
Preferred Stocks | 0.00% | 0.00% | 0.00% | 6.32% |
Other | 0.00% | 0.00% | 0.33% | 8.42% |
Convertible Bonds | 0.00% | 0.00% | 0.00% | 6.32% |
Bond Sector Breakdown
Weighting | Return Low | Return High | SCHO % Rank | |
---|---|---|---|---|
Government | 99.92% | 0.00% | 100.00% | 7.37% |
Cash & Equivalents | 0.08% | 0.00% | 60.05% | 92.63% |
Derivative | 0.00% | 0.00% | 0.09% | 8.42% |
Securitized | 0.00% | 0.00% | 94.03% | 81.05% |
Corporate | 0.00% | 0.00% | 48.60% | 26.32% |
Municipal | 0.00% | 0.00% | 6.06% | 13.68% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | SCHO % Rank | |
---|---|---|---|---|
US | 99.92% | 39.95% | 100.27% | 11.58% |
Non US | 0.00% | -3.85% | 17.39% | 15.79% |
SCHO - Expenses
Operational Fees
SCHO Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.06% | 0.03% | 2.31% | 94.62% |
Management Fee | 0.05% | 0.03% | 0.80% | 4.26% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.05% | 0.45% | N/A |
Sales Fees
SCHO Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 1.50% | 4.75% | N/A |
Deferred Load | N/A | 0.50% | 1.00% | N/A |
Trading Fees
SCHO Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.25% | 0.25% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
SCHO Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 77.00% | 0.00% | 499.00% | 54.26% |
SCHO - Distributions
Dividend Yield Analysis
SCHO | Category Low | Category High | SCHO % Rank | |
---|---|---|---|---|
Dividend Yield | 0.99% | 0.00% | 1.68% | 4.21% |
Dividend Distribution Analysis
SCHO | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Quarterly | Monthly | Monthly |
Net Income Ratio Analysis
SCHO | Category Low | Category High | SCHO % Rank | |
---|---|---|---|---|
Net Income Ratio | 2.27% | -0.01% | 2.40% | 5.43% |
Capital Gain Distribution Analysis
SCHO | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Semi-Annually | Annually |
Dividend Payout History
Date | Amount |
---|---|
Sep 08, 2020 | $0.045 |
Aug 07, 2020 | $0.056 |
Jul 08, 2020 | $0.053 |
Jun 05, 2020 | $0.061 |
May 07, 2020 | $0.065 |
Apr 07, 2020 | $0.069 |
Mar 06, 2020 | $0.075 |
Feb 07, 2020 | $0.090 |
Dec 26, 2019 | $0.080 |
Dec 06, 2019 | $0.089 |
Nov 07, 2019 | $0.091 |
Oct 07, 2019 | $0.094 |
Sep 09, 2019 | $0.099 |
Aug 07, 2019 | $0.098 |
Jul 08, 2019 | $0.092 |
Jun 07, 2019 | $0.108 |
May 07, 2019 | $0.099 |
Apr 05, 2019 | $0.103 |
Mar 07, 2019 | $0.090 |
Feb 07, 2019 | $0.101 |
Dec 26, 2018 | $0.089 |
Dec 07, 2018 | $0.084 |
Nov 07, 2018 | $0.087 |
Oct 05, 2018 | $0.074 |
Sep 10, 2018 | $0.086 |
Aug 07, 2018 | $0.075 |
Jul 09, 2018 | $0.077 |
Jun 07, 2018 | $0.071 |
May 07, 2018 | $0.063 |
Apr 06, 2018 | $0.067 |
Mar 07, 2018 | $0.055 |
Feb 07, 2018 | $0.059 |
Jan 03, 2018 | $0.056 |
Dec 07, 2017 | $0.054 |
Nov 07, 2017 | $0.047 |
Oct 06, 2017 | $0.049 |
Sep 08, 2017 | $0.049 |
Aug 07, 2017 | $0.044 |
Jul 10, 2017 | $0.048 |
Jun 07, 2017 | $0.047 |
May 05, 2017 | $0.041 |
Apr 07, 2017 | $0.044 |
Mar 07, 2017 | $0.036 |
Feb 07, 2017 | $0.043 |
Jan 04, 2017 | $0.032 |
Dec 07, 2016 | $0.034 |
Nov 07, 2016 | $0.032 |
Oct 07, 2016 | $0.036 |
Sep 08, 2016 | $0.034 |
Aug 05, 2016 | $0.034 |
Jul 08, 2016 | $0.035 |
Jun 07, 2016 | $0.033 |
May 06, 2016 | $0.038 |
Apr 07, 2016 | $0.036 |
Mar 07, 2016 | $0.034 |
Feb 05, 2016 | $0.034 |
Jan 05, 2016 | $0.031 |
Dec 07, 2015 | $0.029 |
Nov 06, 2015 | $0.032 |
Oct 07, 2015 | $0.027 |
Sep 08, 2015 | $0.026 |
Aug 07, 2015 | $0.033 |
Jul 08, 2015 | $0.026 |
Jun 05, 2015 | $0.029 |
May 07, 2015 | $0.028 |
Apr 08, 2015 | $0.027 |
Mar 06, 2015 | $0.024 |
Feb 06, 2015 | $0.030 |
Jan 05, 2015 | $0.026 |
Dec 05, 2014 | $0.025 |
Nov 07, 2014 | $0.022 |
Oct 07, 2014 | $0.021 |
Sep 08, 2014 | $0.021 |
Aug 07, 2014 | $0.020 |
Jul 08, 2014 | $0.019 |
Jun 06, 2014 | $0.018 |
May 07, 2014 | $0.018 |
Apr 07, 2014 | $0.017 |
Mar 07, 2014 | $0.015 |
Feb 07, 2014 | $0.016 |
Jan 03, 2014 | $0.015 |
Dec 06, 2013 | $0.014 |
Nov 07, 2013 | $0.017 |
Oct 07, 2013 | $0.010 |
Sep 09, 2013 | $0.013 |
Aug 07, 2013 | $0.013 |
Jul 08, 2013 | $0.009 |
Jun 07, 2013 | $0.011 |
May 07, 2013 | $0.011 |
Apr 05, 2013 | $0.012 |
Mar 07, 2013 | $0.011 |
Feb 07, 2013 | $0.012 |
Jan 03, 2013 | $0.012 |
Dec 07, 2012 | $0.012 |
Nov 07, 2012 | $0.012 |
Oct 05, 2012 | $0.011 |
Sep 10, 2012 | $0.011 |
Aug 07, 2012 | $0.013 |
Jul 09, 2012 | $0.011 |
Jun 07, 2012 | $0.013 |
May 07, 2012 | $0.014 |
Apr 09, 2012 | $0.013 |
Mar 07, 2012 | $0.012 |
Feb 07, 2012 | $0.013 |
Jan 04, 2012 | $0.013 |
Dec 07, 2011 | $0.012 |
Nov 07, 2011 | $0.014 |
Oct 07, 2011 | $0.013 |
Sep 08, 2011 | $0.020 |
Aug 05, 2011 | $0.022 |
Jul 08, 2011 | $0.018 |
Jun 07, 2011 | $0.023 |
May 06, 2011 | $0.019 |
Apr 07, 2011 | $0.020 |
Mar 07, 2011 | $0.015 |
Feb 07, 2011 | $0.018 |
Jan 05, 2011 | $0.017 |
Dec 07, 2010 | $0.013 |
Nov 05, 2010 | $0.014 |
Oct 07, 2010 | $0.014 |
Sep 08, 2010 | $0.007 |
SCHO - Fund Manager Analysis
Managers
Matthew Hastings
Start Date
Tenure
Tenure Rank
Aug 05, 2010
10.41
10.4%
Matthew Hastings, CFA, Vice President and Head of Taxable Bond Strategies, leads the portfolio management team for Schwab’s taxable bond funds and the Schwab Fixed Income ETFs. He also has overall responsibility for all aspects of the management of the funds. Prior to joining Charles Schwab Investment Management in 1999, Mr. Hastings was in fixed-income sales and trading at Lehman Brothers. He has worked in the fixed-income securities industry since 1996. Hastings holds the Chartered Financial Analyst designation.
Mark McKissick
Start Date
Tenure
Tenure Rank
May 01, 2017
3.67
3.7%
Mark McKissick, CFA, is a Managing Director and Senior Portfolio Manager for Charles Schwab Investment Management, Inc. (CSIM). He is responsible for the day-to-day co-management of Schwab's Taxable Bond Funds. His primary focus is on government securities. Prior to joining CSIM in 2016, Mr. McKissick worked at Denver Investments for 17 years, most recently as a Director of Fixed Income and Portfolio Manager where he co-managed multiple bond strategies, as well as oversaw the firm's fixed income business including the investment process, client service, reporting, marketing and communication, personnel and compliance. He also served as a Credit/Security Analyst from 1999-2005. Prior to that, he worked as a Senior Research Analyst with Hotchkis & Wiley, a Portfolio Manager at Payden & Rygel, and a Vice President-Fixed Income at Salomon Brothers. Mr. McKissick earned a Bachelor of Science in Accounting and a Bachelor of Arts in Economics from Oklahoma State University, and a Master of Business Administration with an emphasis in Finance and International Business from the University of Chicago. He is a CFA(r) charterholder.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 35.02 | 10.4 | 5.92 |