Schwab 5-10 Year Corporate Bond ETF
Summary
Objective
The fund's goal is to track as closely as possible, before fees and expenses, the total return of an index that measures the performance of the intermediate-term U.S. corporate bond market.
Highlights
- A straightforward, low-cost fund offering potential tax-efficiency
- The Fund can serve as part of the core of a diversified portfolio
- Simple access to corporate fixed income securities having a remaining maturity between 5 and 10 years
- Provides income from the intermediate range of the corporate bond yield curve
Fund Details
Quote Details
- Today's Opening Value--
- Today's Volume (shares)42,122
- Previous Close Value--
- Median Bid/Ask Spread$0.0403/17/2021 - 04/16/2021
- Bid/Ask Midpoint$51.92As of 04/16/2021
- Premium/Discount-0.12%As of 04/16/2021
Fund Profile
| Fund Inception | 10/10/2019 | |
|---|---|---|
| Total Net Assets As of 04/16/2021 |
04/16/2021 | $388,634,931.24 |
| Expense Ratio | 0.050% | |
| Index Name | Bloomberg Barclays US 5-10 Year Corporate Bond Index | |
| Shares Outstanding As of 04/16/2021 |
04/16/2021 | 7,500,000 |
| NAV As of 04/16/2021 |
04/16/2021 | $51.82 |
| Total Holdings As of 04/16/2021 |
04/16/2021 | 1,734 |
| Portfolio Turnover Rate As of 03/31/2021 |
03/31/2021 | 22.52% |
| Morningstar Category | Corporate Bond | |
| Management Style | Passive |
Yields
| SEC Yield (30 Day) As of 04/15/2021 |
04/15/2021 | 2.12% |
|---|---|---|
| Distribution Yield (TTM) As of 03/31/2021 |
03/31/2021 | 2.26% |
| Average Yield to Maturity As of 12/31/2020 |
12/31/2020 | 1.56% |
Fund Characteristics
| Weighted Average Maturity As of 12/31/2020 |
12/31/2020 | 7.3 years |
|---|---|---|
| Weighted Average Coupon As of 12/31/2020 |
12/31/2020 | 3.46% |
| Effective Duration As of 12/31/2020 |
12/31/2020 | 6.4 years |
| Standard Deviation (3 Yr) | -- |
Performance
Total Return
Monthly
-
SCHI Market Price
Cumulative Returns (%)
- 1 Month
- -1.53
- 3 Month
- -4.01
- YTD
- -4.01
Annualized Returns (%)
- 1 Year
- +9.67
- 3 Year
- --
- 5 Year
- --
- 10 Year
- --
- Inception
- +4.06
-
SCHI NAV
Cumulative Returns (%)
- 1 Month
- -1.80
- 3 Month
- -4.02
- YTD
- -4.02
Annualized Returns (%)
- 1 Year
- +9.69
- 3 Year
- --
- 5 Year
- --
- 10 Year
- --
- Inception
- +4.10
-
Bloomberg Barclays US 5-10 Year Corporate Bond Index (Index)
Cumulative Returns (%)
- 1 Month
- -1.77
- 3 Month
- -3.89
- YTD
- -3.89
Annualized Returns (%)
- 1 Year
- +10.19
- 3 Year
- +6.66
- 5 Year
- +4.89
- 10 Year
- +5.29
-
Corporate Bond (Morningstar Category)
Cumulative Returns (%)
- 1 Month
- +0.65
- 3 Month
- +3.21
- YTD
- +9.24
Annualized Returns (%)
- 1 Year
- --
- 3 Year
- --
- 5 Year
- --
- 10 Year
- --
| Description | Cumulative Returns (%) | Annualized Returns (%) | |||||||
|---|---|---|---|---|---|---|---|---|---|
| 1 Month | 3 Month | YTD | 1 Year | 3 Year | 5 Year | 10 Year | Inception | ||
| SCHI Market Price | -1.53 | -4.01 | -4.01 | +9.67 | -- | -- | -- | +4.06 | |
| SCHI NAV | -1.80 | -4.02 | -4.02 | +9.69 | -- | -- | -- | +4.10 | |
| Bloomberg Barclays US 5-10 Year Corporate Bond Index (Index) | -1.77 | -3.89 | -3.89 | +10.19 | +6.66 | +4.89 | +5.29 | ||
| Corporate Bond (Morningstar Category) | +0.65 | +3.21 | +9.24 | -- | -- | -- | -- | ||
Annualized returns for periods 1 yr+/cumulative returns for periods less than 1 yr.
The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the performance quoted.
-
SCHI Market Price
Cumulative Returns (%)
- 1 Month
- -1.53
- 3 Month
- -4.01
- YTD
- -4.01
Annualized Returns (%)
- 1 Year
- +9.67
- 3 Year
- --
- 5 Year
- --
- 10 Year
- --
- Inception
- +4.06
-
SCHI NAV
Cumulative Returns (%)
- 1 Month
- -1.80
- 3 Month
- -4.02
- YTD
- -4.02
Annualized Returns (%)
- 1 Year
- +9.69
- 3 Year
- --
- 5 Year
- --
- 10 Year
- --
- Inception
- +4.10
-
Corporate Bond (Morningstar Category)
Cumulative Returns (%)
- 1 Month
- +0.65
- 3 Month
- +3.21
- YTD
- +9.24
Annualized Returns (%)
- 1 Year
- --
- 3 Year
- --
- 5 Year
- --
- 10 Year
- --
| Description | Cumulative Returns (%) | Annualized Returns (%) | |||||||
|---|---|---|---|---|---|---|---|---|---|
| 1 Month | 3 Month | YTD | 1 Year | 3 Year | 5 Year | 10 Year | Inception | ||
| SCHI Market Price | -1.53 | -4.01 | -4.01 | +9.67 | -- | -- | -- | +4.06 | |
| SCHI NAV | -1.80 | -4.02 | -4.02 | +9.69 | -- | -- | -- | +4.10 | |
| Corporate Bond (Morningstar Category) | +0.65 | +3.21 | +9.24 | -- | -- | -- | -- | ||
Annualized returns for periods 1 yr+/cumulative returns for periods less than 1 yr.
The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the performance quoted.
Quarterly
-
SCHI Market Price
Average Annual Returns (%)
- 1 Year
- +9.67
- 3 Year
- --
- 5 Year
- --
- 10 Year
- --
- Inception
- +4.06
-
SCHI NAV
Average Annual Returns (%)
- 1 Year
- +9.69
- 3 Year
- --
- 5 Year
- --
- 10 Year
- --
- Inception
- +4.10
-
Bloomberg Barclays US 5-10 Year Corporate Bond Index (Index)
Average Annual Returns (%)
- 1 Year
- +10.19
- 3 Year
- +6.66
- 5 Year
- +4.89
- 10 Year
- +5.29
-
Corporate Bond (Morningstar Category)
Average Annual Returns (%)
- 1 Year
- --
- 3 Year
- --
- 5 Year
- --
- 10 Year
- --
| Description | Average Annual Returns (%) | |||||
|---|---|---|---|---|---|---|
| 1 Year | 3 Year | 5 Year | 10 Year | Inception | ||
| SCHI Market Price | +9.67 | -- | -- | -- | +4.06 | |
| SCHI NAV | +9.69 | -- | -- | -- | +4.10 | |
| Bloomberg Barclays US 5-10 Year Corporate Bond Index (Index) | +10.19 | +6.66 | +4.89 | +5.29 | ||
| Corporate Bond (Morningstar Category) | -- | -- | -- | -- | ||
Annualized returns for periods 1 yr+/cumulative returns for periods less than 1 yr.
The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the performance quoted.
-
SCHI Market Price
Average Annual Returns (%)
- 1 Year
- +9.67
- 3 Year
- --
- 5 Year
- --
- 10 Year
- --
- Inception
- +4.06
-
SCHI NAV
Average Annual Returns (%)
- 1 Year
- +9.69
- 3 Year
- --
- 5 Year
- --
- 10 Year
- --
- Inception
- +4.10
-
Corporate Bond (Morningstar Category)
Average Annual Returns (%)
- 1 Year
- --
- 3 Year
- --
- 5 Year
- --
- 10 Year
- --
| Description | Average Annual Returns (%) | |||||
|---|---|---|---|---|---|---|
| 1 Year | 3 Year | 5 Year | 10 Year | Inception | ||
| SCHI Market Price | +9.67 | -- | -- | -- | +4.06 | |
| SCHI NAV | +9.69 | -- | -- | -- | +4.10 | |
| Corporate Bond (Morningstar Category) | -- | -- | -- | -- | ||
Annualized returns for periods 1 yr+/cumulative returns for periods less than 1 yr.
The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the performance quoted.
After Tax Returns
Pre-Liquidation
SCHI NAV Return
-
SEC Pre-Liquidation
Average Annual Returns (%)
- 1 Year
- +8.69
- 3 Year
- --
- 5 Year
- --
- 10 Year
- --
- Inception
- +3.19
-
SEC Post-Liquidation
Average Annual Returns (%)
- 1 Year
- +5.74
- 3 Year
- --
- 5 Year
- --
- 10 Year
- --
- Inception
- +2.75
-
Tax Cost Ratio
Average Annual Returns (%)
- 1 Year
- +0.91
- 3 Year
- --
- 5 Year
- --
- 10 Year
- --
- Inception
- +0.88
| Description | Average Annual Returns (%) | |||||
|---|---|---|---|---|---|---|
| 1 Year | 3 Year | 5 Year | 10 Year | Inception | ||
| SEC Pre-Liquidation | +8.69 | -- | -- | -- | +3.19 | |
| SEC Post-Liquidation | +5.74 | -- | -- | -- | +2.75 | |
| Tax Cost Ratio | +0.91 | -- | -- | -- | +0.88 | |
After tax returns are based on highest Federal income tax bracket and depend on the investor's tax situation and may differ from those shown, and the after-tax returns shown are not relevant to investors who hold their fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts. State and local taxes are not included. Pre-liquidation figures include taxes on fund's distributions of dividends and capital gains. Tax Cost Ratio represents the percentage-point reduction in returns that results from Federal income taxes (before shares in the fund are sold, and assuming the highest Federal tax bracket).
Corporate Bond NAV Returns (Morningstar Category)
-
SEC Pre-Liquidation
Average Annual Returns (%)
- 1 Year
- +8.88
- 3 Year
- +4.26
- 5 Year
- +3.30
- 10 Year
- +3.17
-
SEC Post-Liquidation
Average Annual Returns (%)
- 1 Year
- +6.30
- 3 Year
- +3.80
- 5 Year
- +3.03
- 10 Year
- +3.02
-
Tax Cost Ratio
Average Annual Returns (%)
- 1 Year
- +1.42
- 3 Year
- --
- 5 Year
- --
- 10 Year
- --
| Description | Average Annual Returns (%) | |||||
|---|---|---|---|---|---|---|
| 1 Year | 3 Year | 5 Year | 10 Year | Inception | ||
| SEC Pre-Liquidation | +8.88 | +4.26 | +3.30 | +3.17 | ||
| SEC Post-Liquidation | +6.30 | +3.80 | +3.03 | +3.02 | ||
| Tax Cost Ratio | +1.42 | -- | -- | -- | ||
Post-Liquidation
SCHI NAV Return
-
SEC Pre-Liquidation
Average Annual Returns (%)
- 1 Year
- +8.69
- 3 Year
- --
- 5 Year
- --
- 10 Year
- --
- Inception
- +3.19
-
SEC Post-Liquidation
Average Annual Returns (%)
- 1 Year
- +5.74
- 3 Year
- --
- 5 Year
- --
- 10 Year
- --
- Inception
- +2.75
-
Tax Cost Ratio
Average Annual Returns (%)
- 1 Year
- +0.91
- 3 Year
- --
- 5 Year
- --
- 10 Year
- --
- Inception
- +0.88
| Description | Average Annual Returns (%) | |||||
|---|---|---|---|---|---|---|
| 1 Year | 3 Year | 5 Year | 10 Year | Inception | ||
| SEC Pre-Liquidation | +8.69 | -- | -- | -- | +3.19 | |
| SEC Post-Liquidation | +5.74 | -- | -- | -- | +2.75 | |
| Tax Cost Ratio | +0.91 | -- | -- | -- | +0.88 | |
After tax returns are based on highest Federal income tax bracket and depend on the investor's tax situation and may differ from those shown, and the after-tax returns shown are not relevant to investors who hold their fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts. State and local taxes are not included. Pre-liquidation figures include taxes on fund's distributions of dividends and capital gains. Tax Cost Ratio represents the percentage-point reduction in returns that results from Federal income taxes (before shares in the fund are sold, and assuming the highest Federal tax bracket).
Corporate Bond NAV Returns (Morningstar Category)
-
SEC Pre-Liquidation
Average Annual Returns (%)
- 1 Year
- +8.88
- 3 Year
- +4.26
- 5 Year
- +3.30
- 10 Year
- +3.17
-
SEC Post-Liquidation
Average Annual Returns (%)
- 1 Year
- +6.30
- 3 Year
- +3.80
- 5 Year
- +3.03
- 10 Year
- +3.02
-
Tax Cost Ratio
Average Annual Returns (%)
- 1 Year
- +1.42
- 3 Year
- --
- 5 Year
- --
- 10 Year
- --
| Description | Average Annual Returns (%) | |||||
|---|---|---|---|---|---|---|
| 1 Year | 3 Year | 5 Year | 10 Year | Inception | ||
| SEC Pre-Liquidation | +8.88 | +4.26 | +3.30 | +3.17 | ||
| SEC Post-Liquidation | +6.30 | +3.80 | +3.03 | +3.02 | ||
| Tax Cost Ratio | +1.42 | -- | -- | -- | ||
Cumulative Growth of a $10,000 Investment
| SCHI (Fund) | $10,588 | |
|---|---|---|
| Bloomberg Barclays US 5-10 Year Corporate Bond Index (Index) | $10,600 | |
| Corporate Bond (Morningstar Category) | $10,581 | |
| Worst Three Months Return (12/31/2020 - 3/31/2021) | -4.02 | |
| Best Three Months Return (3/31/2020 - 6/30/2020) | +9.74 |
This graph represents the growth of a hypothetical investment of $10,000. It assumes reinvestment of dividends and capital gains, and does not reflect sales loads, redemption fees, if applicable, or the effects of taxes on any capital gains and/or distributions. If the inception date of the Index is less than the time period shown above, the Since Inception period is shown. Best and Worst Return cover the timeframe of the chart.
Price Performance
Tracking Difference
Schwab 5-10 Year Corporate Bond ETF
| Schwab 5-10 Year Corporate Bond ETF | ||
|---|---|---|
| Bloomberg Barclays US 5-10 Year Corporate Bond Index |
Period: 03/15/2021 to 04/15/2021
Schwab 5-10 Year Corporate Bond ETF
| Schwab 5-10 Year Corporate Bond ETF | ||
|---|---|---|
| Bloomberg Barclays US 5-10 Year Corporate Bond Index |
Period: 01/15/2021 to 04/15/2021
Schwab 5-10 Year Corporate Bond ETF
| Schwab 5-10 Year Corporate Bond ETF | ||
|---|---|---|
| Bloomberg Barclays US 5-10 Year Corporate Bond Index |
Period: 10/15/2020 to 04/15/2021
Schwab 5-10 Year Corporate Bond ETF
| Schwab 5-10 Year Corporate Bond ETF | ||
|---|---|---|
| Bloomberg Barclays US 5-10 Year Corporate Bond Index |
Period: 01/01/2021 to 04/15/2021
Schwab 5-10 Year Corporate Bond ETF
| Schwab 5-10 Year Corporate Bond ETF | ||
|---|---|---|
| Bloomberg Barclays US 5-10 Year Corporate Bond Index |
Period: 04/15/2020 to 04/15/2021
Schwab 5-10 Year Corporate Bond ETF
| Schwab 5-10 Year Corporate Bond ETF | ||
|---|---|---|
| Bloomberg Barclays US 5-10 Year Corporate Bond Index |
Period: 04/15/2018 to 04/15/2021
Schwab 5-10 Year Corporate Bond ETF
| Schwab 5-10 Year Corporate Bond ETF | ||
|---|---|---|
| Bloomberg Barclays US 5-10 Year Corporate Bond Index |
Period: 04/15/2016 to 04/15/2021
Schwab 5-10 Year Corporate Bond ETF
| Schwab 5-10 Year Corporate Bond ETF | ||
|---|---|---|
| Bloomberg Barclays US 5-10 Year Corporate Bond Index |
Period: 10/10/2019 to 04/15/2021
| Performance Difference | -- | |
|---|---|---|
| Fund Return | -- | |
| Index Return | -- |
| Performance Difference | -- | |
|---|---|---|
| Fund Return | -- | |
| Index Return | -- |
| Performance Difference | -- | |
|---|---|---|
| Fund Return | -- | |
| Index Return | -- |
| Performance Difference | -- | |
|---|---|---|
| Fund Return | -- | |
| Index Return | -- |
| Performance Difference | -- | |
|---|---|---|
| Fund Return | -- | |
| Index Return | -- |
| Performance Difference | -- | |
|---|---|---|
| Fund Return | -- | |
| Index Return | -- |
| Performance Difference | -- | |
|---|---|---|
| Fund Return | -- | |
| Index Return | -- |
| Performance Difference | -- | |
|---|---|---|
| Fund Return | -- | |
| Index Return | -- |
| Operating Expense Ratio | 0.050% |
|---|
| Operating Expense Ratio | 0.050% |
|---|
| Operating Expense Ratio | 0.050% |
|---|
| Operating Expense Ratio | 0.050% |
|---|
| Operating Expense Ratio | 0.050% |
|---|
| Operating Expense Ratio | 0.050% |
|---|
| Operating Expense Ratio | 0.050% |
|---|
| Operating Expense Ratio | 0.050% |
|---|
Premium/Discount
-
Days traded at Premium
- 2020
- --
- 2021 Q1
- --
-
Days traded at Discount
- 2020
- --
- 2021 Q1
- --
| 2020 | 2021 Q1 | ||
|---|---|---|---|
| Days traded at Premium | -- | -- | |
| Days traded at Discount | -- | -- |
Portfolio
Top Holdings
-
--
- Name
- T MOBILE USA INC SR SECURED 144A 04/30 3.875
- Percent of Assets (%)
- 0.41%
- Market Value
- $1.6M
-
--
- Name
- BANK OF AMERICA CORP SR UNSECURED 12/28 VAR
- Percent of Assets (%)
- 0.34%
- Market Value
- $1.3M
-
--
- Name
- CVS HEALTH CORP SR UNSECURED 03/28 4.3
- Percent of Assets (%)
- 0.33%
- Market Value
- $1.3M
-
--
- Name
- DELL INT LLC / EMC CORP SR SECURED 144A 06/26 6.02
- Percent of Assets (%)
- 0.28%
- Market Value
- $1.1M
-
--
- Name
- BROADCOM CRP / CAYMN FI COMPANY GUAR 01/27 3.875
- Percent of Assets (%)
- 0.27%
- Market Value
- $1.1M
-
--
- Name
- ABBVIE INC SR UNSECURED 11/26 2.95
- Percent of Assets (%)
- 0.27%
- Market Value
- $1.0M
-
--
- Name
- JPMORGAN CHASE + CO SR UNSECURED 10/30 VAR
- Percent of Assets (%)
- 0.26%
- Market Value
- $1.0M
-
--
- Name
- BOEING CO SR UNSECURED 05/30 5.15
- Percent of Assets (%)
- 0.26%
- Market Value
- $1.0M
-
--
- Name
- BANK OF AMERICA CORP SR UNSECURED 02/30 VAR
- Percent of Assets (%)
- 0.26%
- Market Value
- $1.0M
-
--
- Name
- MORGAN STANLEY SR UNSECURED 01/27 3.625
- Percent of Assets (%)
- 0.25%
- Market Value
- $977.5K
| Symbol | Name | Percent of Assets (%) | Market Value | ||
|---|---|---|---|---|---|
| -- | T MOBILE USA INC SR SECURED 144A 04/30 3.875 | 0.41%
|
$1.6M | ||
| -- | BANK OF AMERICA CORP SR UNSECURED 12/28 VAR | 0.34%
|
$1.3M | ||
| -- | CVS HEALTH CORP SR UNSECURED 03/28 4.3 | 0.33%
|
$1.3M | ||
| -- | DELL INT LLC / EMC CORP SR SECURED 144A 06/26 6.02 | 0.28%
|
$1.1M | ||
| -- | BROADCOM CRP / CAYMN FI COMPANY GUAR 01/27 3.875 | 0.27%
|
$1.1M | ||
| -- | ABBVIE INC SR UNSECURED 11/26 2.95 | 0.27%
|
$1.0M | ||
| -- | JPMORGAN CHASE + CO SR UNSECURED 10/30 VAR | 0.26%
|
$1.0M | ||
| -- | BOEING CO SR UNSECURED 05/30 5.15 | 0.26%
|
$1.0M | ||
| -- | BANK OF AMERICA CORP SR UNSECURED 02/30 VAR | 0.26%
|
$1.0M | ||
| -- | MORGAN STANLEY SR UNSECURED 01/27 3.625 | 0.25%
|
$977.5K |
Security Types
| Security Types | Percent of Portfolio (%) | |
|---|---|---|
| Industrials | 58.16%
|
|
| Financials | 33.92%
|
|
| Utilities | 6.46%
|
|
| Other Investment Companies | 1.45%
|
Credit Ratings
| Credit Ratings | Bonds (%) | |
|---|---|---|
| BBB | 53.87%
|
|
| A | 38.61%
|
|
| AA | 4.98%
|
|
| AAA | 2.32%
|
|
| BB | 0.21%
|
|
| Cash | 0.01%
|
Based on the middle rating of Moody’s, S&P and Fitch; when a rating from only two agencies is available, the lower is used; when only one agency rates a bond, that rating is used. In cases where explicit bond level ratings may not be available, other sources may be used to classify securities by credit quality.
Asset Allocation
| Asset Class | Percent of Portfolio (%) | |
|---|---|---|
| Bonds | 99.84%
|
|
| Cash Investments | 0.19%
|
|
| Other | -0.03%
|
The percentage of assets as shown may not equal 100% due to unsettled trades.
Maturity Breakdown
| Maturity | Bonds (%) | |
|---|---|---|
| Less than 3 Years | 1.65%
|
|
| 3 to 5 Years | 4.26%
|
|
| 5 to 7 Years | 41.41%
|
|
| 7 to 10 Years | 50.62%
|
|
| 10 Years or More | 2.06%
|
Distributions
Distributions
-
Ex-Date: 04/01/2021
- Record Date
- 04/05/2021
- Payable Date
- 04/08/2021
- Income
- 0.0871
- Short Term Capital Gain
- 0.0000
- Long Term Capital Gain
- 0.0000
- Return of Capital
- --
- Total Distribution
- 0.087100000
-
Ex-Date: 03/01/2021
- Record Date
- 03/02/2021
- Payable Date
- 03/05/2021
- Income
- 0.0906
- Short Term Capital Gain
- 0.0000
- Long Term Capital Gain
- 0.0000
- Return of Capital
- --
- Total Distribution
- 0.090600000
-
Ex-Date: 02/01/2021
- Record Date
- 02/02/2021
- Payable Date
- 02/05/2021
- Income
- 0.0534
- Short Term Capital Gain
- 0.0000
- Long Term Capital Gain
- 0.0000
- Return of Capital
- --
- Total Distribution
- 0.053400000
-
Ex-Date: 12/17/2020