Schwab Strategic Trust Schwab High Yield Bond ETFSchwab Strategic Trust Schwab High Yield Bond ETFSchwab Strategic Trust Schwab High Yield Bond ETF

Schwab Strategic Trust Schwab High Yield Bond ETF

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Key stats


Assets under management (AUM)
‪1.08 B‬USD
Fund flows (1Y)
‪936.26 M‬USD
Dividend yield (indicated)
7.12%
Discount/Premium to NAV
−0.3%
Shares outstanding
‪41.20 M‬
Expense ratio
0.03%

About Schwab Strategic Trust Schwab High Yield Bond ETF


Brand
Schwab
Inception date
Jul 11, 2023
Structure
Open-Ended Fund
Index tracked
ICE BofA US Cash Pay High Yield Constrained Index - Benchmark TR Gross
Management style
Passive
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Charles Schwab Investment Management, Inc.
Distributor
SEI Investments Distribution Co.
SCYB is an FX-G10 member-only fund, holding USD-denominated, fixed coupon-bearing corporate high-yield bonds with at least one year to maturity. The index caps each issuer at 2% but may include an unlimited number of issues. The FX-G10 countries include all Euro members, the US and United Kingdom, Canada, Australia, New Zealand, Switzerland, Norway, Sweden, and Japan. Investments may also include callable perpetual and fixed-to-floating rate securities. In addition, a fifth of the portfolio may consist of non-index constituents and highly liquid securities issued by the US government. Derivatives such as futures contracts may also be utilized to manage interest rates. The index rebalances monthly.

Classification


Asset Class
Fixed income
Category
Corporate, broad-based
Focus
High yield
Niche
Broad maturities
Strategy
Vanilla
Geography
U.S.
Weighting scheme
Market value
Selection criteria
Market value
What's in the fund
Exposure type
Bonds, Cash & Other
Corporate
Stock breakdown by region
0.7%91%6%0%0%0.7%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Broaden your horizons with more funds linked to SCYB via country, focus, and more.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
SCYB trades at 25.96 USD today, its price has fallen −0.73% in the past 24 hours. Track more dynamics on SCYB price chart.
SCYB net asset value is 26.04 today — it's risen 2.66% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
SCYB assets under management is ‪1.08 B‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
SCYB price has risen by 1.64% over the last month, and its yearly performance shows a 0.31% increase. See more dynamics on SCYB price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 2.66% over the last month, showed a 0.30% increase in three-month performance and has increased by 8.16% in a year.
SCYB fund flows account for ‪936.26 M‬ USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
SCYB invests in bonds. See more details in our Analysis section.
SCYB expense ratio is 0.03%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, SCYB isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, SCYB technical analysis shows the sell rating and its 1-week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating SCYB shows the sell signal. See more of SCYB technicals for a more comprehensive analysis.
Yes, SCYB pays dividends to its holders with the dividend yield of 7.12%.
SCYB trades at a premium (0.31%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
SCYB shares are issued by The Charles Schwab Corp.
SCYB follows the ICE BofA US Cash Pay High Yield Constrained Index - Benchmark TR Gross. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jul 11, 2023.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.