Schwab Ultra-Short Income ETF
Summary
Objective
The Fund’s goal is to seek current income consistent with capital preservation while maintaining liquidity.
Highlights
- The Fund invests in investment grade, short-term, U.S. dollar denominated debt securities issued by U.S. and foreign issuers
- The Fund is actively managed and benefits from extensive credit research and professional money management
Fund Details
Quote Details
- Today's Opening Value$25.13
- Today's Volume (shares)21,704
- Previous Close Value$25.12
- Median Bid/Ask Spread0.04%09/09/2024 - 10/09/2024
- Bid/Ask Midpoint$25.12As of 10/09/2024
- Premium/Discount0.06%As of 10/09/2024
Fund Profile
| Fund Inception | 08/13/2024 | |
|---|---|---|
| Total Net Assets As of 10/09/2024
|
10/09/2024 | $50,211,159.37 |
| Total Expense Ratio | 0.140% | |
| Index Name | ICE BofA US 3-Month Treasury Bill Index | |
| Shares Outstanding As of 10/09/2024
|
10/09/2024 | 2,000,000 |
| NAV As of 10/09/2024
|
10/09/2024 | $25.11 |
| Total Holdings As of 10/10/2024
|
10/10/2024 | 79 |
| Portfolio Turnover Rate | -- | |
| Morningstar Category | Ultrashort Bond | |
| Management Style | Active | |
| CUSIP | 808524623 | |
| Exchange | NYSE Arca, Inc. |
Yields
| SEC Yield (30 Day) As of 10/08/2024
|
10/08/2024 | 4.67% |
|---|---|---|
| Distribution Yield (TTM) | -- | |
| Average Yield to Maturity | -- |
Fund Characteristics
| Weighted Average Maturity As of 08/31/2024
|
08/31/2024 | 0.6 years |
|---|---|---|
| Weighted Average Coupon As of 08/31/2024
|
08/31/2024 | 1.95% |
| Effective Duration As of 08/31/2024
|
08/31/2024 | 0.5 years |
| Standard Deviation (3 Yr) | -- |
Performance
Total Return
Monthly
-
SCUS Market Price
Cumulative Returns (%)
- 1 Month
- +0.60
- 3 Month
- --
- YTD
- --
Annualized Returns (%)
- 1 Year
- --
- 3 Year
- --
- 5 Year
- --
- 10 Year
- --
- Inception
- +1.00
-
SCUS NAV
Cumulative Returns (%)
- 1 Month
- +0.56
- 3 Month
- --
- YTD
- --
Annualized Returns (%)
- 1 Year
- --
- 3 Year
- --
- 5 Year
- --
- 10 Year
- --
- Inception
- +0.92
-
Ultrashort Bond (Morningstar Category)
Cumulative Returns (%)
- 1 Month
- +0.56
- 3 Month
- +1.74
- YTD
- +4.59
Annualized Returns (%)
- 1 Year
- --
- 3 Year
- --
- 5 Year
- --
- 10 Year
- --
-
ICE BofA US 3-Month Treasury Bill Index (Index)
Cumulative Returns (%)
- 1 Month
- +0.43
- 3 Month
- +1.37
- YTD
- +4.03
Annualized Returns (%)
- 1 Year
- +5.46
- 3 Year
- +3.49
- 5 Year
- +2.32
- 10 Year
- +1.65
| Description | Cumulative Returns (%) | Annualized Returns (%) | |||||||
|---|---|---|---|---|---|---|---|---|---|
| 1 Month | 3 Month | YTD | 1 Year | 3 Year | 5 Year | 10 Year | Inception | ||
| SCUS Market Price | +0.60 | -- | -- | -- | -- | -- | -- | +1.00 | |
| SCUS NAV | +0.56 | -- | -- | -- | -- | -- | -- | +0.92 | |
| Ultrashort Bond (Morningstar Category) | +0.56 | +1.74 | +4.59 | -- | -- | -- | -- | ||
| ICE BofA US 3-Month Treasury Bill Index (Index) | +0.43 | +1.37 | +4.03 | +5.46 | +3.49 | +2.32 | +1.65 | ||
Annualized returns for periods 1 yr+/cumulative returns for periods less than 1 yr.
Performance data quoted represents past performance and is no guarantee of future results. Investment returns and principal value 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
-
SCUS Market Price
Average Annual Returns (%)
- 1 Year
- --
- 3 Year
- --
- 5 Year
- --
- 10 Year
- --
- Inception
- +1.00
-
SCUS NAV
Average Annual Returns (%)
- 1 Year
- --
- 3 Year
- --
- 5 Year
- --
- 10 Year
- --
- Inception
- +0.92
-
Ultrashort Bond (Morningstar Category)
Average Annual Returns (%)
- 1 Year
- --
- 3 Year
- --
- 5 Year
- --
- 10 Year
- --
-
ICE BofA US 3-Month Treasury Bill Index (Index)
Average Annual Returns (%)
- 1 Year
- +5.46
- 3 Year
- +3.49
- 5 Year
- +2.32
- 10 Year
- +1.65
| Description | Average Annual Returns (%) | |||||
|---|---|---|---|---|---|---|
| 1 Year | 3 Year | 5 Year | 10 Year | Inception | ||
| SCUS Market Price | -- | -- | -- | -- | +1.00 | |
| SCUS NAV | -- | -- | -- | -- | +0.92 | |
| Ultrashort Bond (Morningstar Category) | -- | -- | -- | -- | ||
| ICE BofA US 3-Month Treasury Bill Index (Index) | +5.46 | +3.49 | +2.32 | +1.65 | ||
Annualized returns for periods 1 yr+/cumulative returns for periods less than 1 yr.
Performance data quoted represents past performance and is no guarantee of future results. Investment returns and principal value 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
SCUS NAV Return
-
SEC Pre-Liquidation
Average Annual Returns (%)
- 1 Year
- --
- 3 Year
- --
- 5 Year
- --
- 10 Year
- --
- Inception
- +7.06
-
SEC Post-Liquidation
Average Annual Returns (%)
- 1 Year
- --
- 3 Year
- --
- 5 Year
- --
- 10 Year
- --
- Inception
- +4.13
-
Tax Cost Ratio
Average Annual Returns (%)
- 1 Year
- --
- 3 Year
- --
- 5 Year
- --
- 10 Year
- --
- Inception
- 0.00
| Description | Average Annual Returns (%) | |||||
|---|---|---|---|---|---|---|
| 1 Year | 3 Year | 5 Year | 10 Year | Inception | ||
| SEC Pre-Liquidation | -- | -- | -- | -- | +7.06 | |
| SEC Post-Liquidation | -- | -- | -- | -- | +4.13 | |
| Tax Cost Ratio | -- | -- | -- | -- | 0.00 | |
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).
Ultrashort Bond NAV Returns (Morningstar Category)
-
SEC Pre-Liquidation
Average Annual Returns (%)
- 1 Year
- +4.27
- 3 Year
- +1.96
- 5 Year
- +1.45
- 10 Year
- +1.13
-
SEC Post-Liquidation
Average Annual Returns (%)
- 1 Year
- +3.81
- 3 Year
- +1.98
- 5 Year
- +1.46
- 10 Year
- +1.14
-
Tax Cost Ratio
Average Annual Returns (%)
- 1 Year
- --
- 3 Year
- --
- 5 Year
- --
- 10 Year
- --
| Description | Average Annual Returns (%) | |||||
|---|---|---|---|---|---|---|
| 1 Year | 3 Year | 5 Year | 10 Year | Inception | ||
| SEC Pre-Liquidation | +4.27 | +1.96 | +1.45 | +1.13 | ||
| SEC Post-Liquidation | +3.81 | +1.98 | +1.46 | +1.14 | ||
| Tax Cost Ratio | -- | -- | -- | -- | ||
Post-Liquidation
SCUS NAV Return
-
SEC Pre-Liquidation
Average Annual Returns (%)
- 1 Year
- --
- 3 Year
- --
- 5 Year
- --
- 10 Year
- --
- Inception
- +7.06
-
SEC Post-Liquidation
Average Annual Returns (%)
- 1 Year
- --
- 3 Year
- --
- 5 Year
- --
- 10 Year
- --
- Inception
- +4.13
-
Tax Cost Ratio
Average Annual Returns (%)
- 1 Year
- --
- 3 Year
- --
- 5 Year
- --
- 10 Year
- --
- Inception
- 0.00
| Description | Average Annual Returns (%) | |||||
|---|---|---|---|---|---|---|
| 1 Year | 3 Year | 5 Year | 10 Year | Inception | ||
| SEC Pre-Liquidation | -- | -- | -- | -- | +7.06 | |
| SEC Post-Liquidation | -- | -- | -- | -- | +4.13 | |
| Tax Cost Ratio | -- | -- | -- | -- | 0.00 | |
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).
Ultrashort Bond NAV Returns (Morningstar Category)
-
SEC Pre-Liquidation
Average Annual Returns (%)
- 1 Year
- +4.27
- 3 Year
- +1.96
- 5 Year
- +1.45
- 10 Year
- +1.13
-
SEC Post-Liquidation
Average Annual Returns (%)
- 1 Year
- +3.81
- 3 Year
- +1.98
- 5 Year
- +1.46
- 10 Year
- +1.14
-
Tax Cost Ratio
Average Annual Returns (%)
- 1 Year
- --
- 3 Year
- --
- 5 Year
- --
- 10 Year
- --
| Description | Average Annual Returns (%) | |||||
|---|---|---|---|---|---|---|
| 1 Year | 3 Year | 5 Year | 10 Year | Inception | ||
| SEC Pre-Liquidation | +4.27 | +1.96 | +1.45 | +1.13 | ||
| SEC Post-Liquidation | +3.81 | +1.98 | +1.46 | +1.14 | ||
| Tax Cost Ratio | -- | -- | -- | -- | ||
Price Performance
Premium/Discount
-
Days traded at Premium
- ITD
- 39
- 2024 Q1
- --
- 2024 Q2
- --
- 2024 Q3
- 32
-
Days traded at Discount
- ITD
- 1
- 2024 Q1
- --
- 2024 Q2
- --
- 2024 Q3
- 1
| ITD | 2024 Q1 | 2024 Q2 | 2024 Q3 | ||
|---|---|---|---|---|---|
| Days traded at Premium | 39 | -- | -- | 32 | |
| Days traded at Discount | 1 | -- | -- | 1 |
Portfolio
Top Holdings
-
CANCAN
- Name
- CANCARA ASSET SECURITISATION LLC
- Percent of Assets (%)
- 2.45%
- Market Value
- $1.2M
-
BMO
- Name
- BANK OF MONTREAL
- Percent of Assets (%)
- 2.24%
- Market Value
- $1.1M
-
NRWBK
- Name
- NRW.BANK
- Percent of Assets (%)
- 2.20%
- Market Value
- $1.1M
-
DBSSP
- Name
- DBS BANK LTD
- Percent of Assets (%)
- 2.18%
- Market Value
- $1.1M
-
NACN
- Name
- NATIONAL BANK OF CANADA
- Percent of Assets (%)
- 2.09%
- Market Value
- $1.0M
-
TTEFP
- Name
- TOTALENERGIES CAPITAL SA
- Percent of Assets (%)
- 2.07%
- Market Value
- $1.0M
-
CCPV
- Name
- COLLATERALIZED COMMERCIAL PAPER V
- Percent of Assets (%)
- 1.99%
- Market Value
- $1.0M
-
GREYSH
- Name
- GREYSHOE ISSUING TRUST
- Percent of Assets (%)
- 1.99%
- Market Value
- $1.0M
-
BYLAN
- Name
- BAYERISCHE LANDESBANK (NEW YORK BR
- Percent of Assets (%)
- 1.99%
- Market Value
- $1.0M
-
SHBASS
- Name
- SVENSKA HANDELSBANKEN AB (NEW YORK
- Percent of Assets (%)
- 1.99%
- Market Value
- $1.0M
| Symbol | Name | Percent of Assets (%) | Market Value | ||
|---|---|---|---|---|---|
| CANCAN | CANCARA ASSET SECURITISATION LLC | 2.45%
|
$1.2M | ||
| BMO | BANK OF MONTREAL | 2.24%
|
$1.1M | ||
| NRWBK | NRW.BANK | 2.20%
|
$1.1M | ||
| DBSSP | DBS BANK LTD | 2.18%
|
$1.1M | ||
| NACN | NATIONAL BANK OF CANADA | 2.09%
|
$1.0M | ||
| TTEFP | TOTALENERGIES CAPITAL SA | 2.07%
|
$1.0M | ||
| CCPV | COLLATERALIZED COMMERCIAL PAPER V | 1.99%
|
$1.0M | ||
| GREYSH | GREYSHOE ISSUING TRUST | 1.99%
|
$1.0M | ||
| BYLAN | BAYERISCHE LANDESBANK (NEW YORK BR | 1.99%
|
$1.0M | ||
| SHBASS | SVENSKA HANDELSBANKEN AB (NEW YORK | 1.99%
|
$1.0M |
Security Types
| Security Types | Percent of Portfolio (%) |
|---|
Credit Ratings
| Credit Ratings | Bonds (%) |
|---|
Bloomberg Index Rating: 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. Source: Bloomberg Index Service Ltd.
Asset Allocation
| Asset Class | Percent of Portfolio (%) | |
|---|---|---|
| Cash Investments | 69.30%
|
|
| Bonds | 30.70%
|
The percentage of assets as shown may not equal 100% due to unsettled trades.
Maturity Breakdown
| Maturity | Bonds (%) |
|---|
Distributions
Distributions
-
Ex-Date: 10/01/2024
- Record Date
- 10/01/2024
- Payable Date
- 10/07/2024
- Income
- 0.1332
- Short Term Capital Gain
- 0.0000
- Long Term Capital Gain
- 0.0000
- Return of Capital
- --
- Total Distribution
- 0.133200000
| Ex-Date | Record Date | Payable Date | Income | Short Term Capital Gain | Long Term Capital Gain | Return of Capital | Total Distribution | ||
|---|---|---|---|---|---|---|---|---|---|
| 10/01/2024 | 10/01/2024 | 10/07/2024 | 0.1332 | 0.0000 | 0.0000 | -- | 0.133200000 |