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).

Schwab Municipal Bond ETF

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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Advisor tools

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Featured ETF products

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ETF insights

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Investment Insights

It’s an important time for advisors to consider whether client portfolios are positioned for a potential market cycle change where value and international stocks may take over performance leadership from growth and domestic equities.
Investment Insights

Can the stock market’s narrow leadership continue in the second half of 2023? Use this client-approved chart to talk about the potential value rotation on the horizon.
Investment Insights

The 60/40 portfolio offers the potential for attractive risk-adjusted returns by including a mix of stocks and bonds, an investment approach that we believe remains alive and well.
Chart in a Minute

Can longer-term bonds expect better sailing later this year? Use this client-approved chart to strike up a conversation about the potential opportunity.