ETFs
Schwab ETFs can provide straightforward access to broad asset-class exposure for building the foundation of a diversified portfolio.
Introducing the Schwab Municipal Bond ETF
The Schwab Municipal Bond ETF is designed to deliver low-cost, straightforward access to the U.S. investment grade, tax-exempt bond market. SCMB seeks to provide income exempt from federal personal income tax and not subject to the Alternative Minimum Tax (AMT).
What we offer
With over a decade of experience in the industry, we are one of the nation’s largest and most established ETF providers. Our core strategies span both the broad-based equity and bond markets. We offer a carefully designed lineup of low-cost market cap index and Fundamental Index® ETFs that can be used as part of the foundation of a diversified portfolio.

Our approach
In today’s environment of ever-increasing complexity, we stay focused on the core of an investor’s portfolio. By consistently putting investor interests first, we have been able to provide a set of competitively priced ETF products, including low-cost market cap index and strategic beta strategies. Each of these can play an important role in a portfolio, and combining them can help provide better diversification and the potential for more attractive risk-adjusted returns across various market cycles.
Expenses among the lowest in the industry
We have sought to eliminate cost as a hurdle to investing in investment products. With our targeted set of low-cost Index ETFs, we seek to share the benefits of our scale and efficiency with investors, and the financial professionals who serve them, wherever we can.
Schwab market cap index ETFs
Schwab ETF expenses are among the lowest in the industry. 85% of Schwab market cap index ETFs have expenses lower than 0.10%, with an asset-weighted average expense ratio of just 0.05%.1 The ETFs hold securities that are screened and weighted based on the size of their market capitalization, with the largest weights assigned to the largest companies, which helps advisors build a diversified portfolio for their clients.
Compare costs of Schwab market cap index ETFs to the largest issuers

Schwab Fundamental Index ETFs
While fund expense alone should not be the only factor in choosing a strategic beta strategy, selecting a strategy with a low expense ratio remains an important consideration—especially over long time horizons. The average expense ratio for Schwab Fundamental Index ETFs is 0.30%—lower than the industry average of 0.33% for Fundamental Index ETFs,2 and the average expense ratio of 0.47% for multi-factor ETFs.3
Learn more about Schwab Fundamental Index ETFs

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Featured ETF products
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ETF insights
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