Key stats
About Schwab Strategic Trust Schwab High Yield Bond ETF
Home page
Inception date
Jul 11, 2023
Structure
Open-Ended Fund
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
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Corporate
Bonds, Cash & Other100.00%
Corporate99.01%
Cash0.99%
Stock breakdown by region
North America91.58%
Europe6.94%
Asia0.74%
Oceania0.67%
Africa0.05%
Middle East0.02%
Latin America0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
SCYB last dividends amounted to 0.16 USD. The month before, the issuer paid 0.14 USD in dividends, which shows a 8.89% increase.
SCYB assets under management is 1.08 B USD. It's risen 10.33% over the last month.
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.
Yes, SCYB pays dividends to its holders with the dividend yield of 7.18%. The last dividend (May 7, 2025) amounted to 0.16 USD. The dividends are paid monthly.
SCYB shares are issued by The Charles Schwab Corp. under the brand Schwab. The ETF was launched on Jul 11, 2023, and its management style is Passive.
SCYB expense ratio is 0.03% meaning you'd have to pay 0.03% of your investment to help manage the fund.
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.
SCYB invests in bonds.
SCYB price has risen by 1.68% over the last month, and its yearly performance shows a 0.70% 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.
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 trades at a premium (0.31%) meaning the ETF is trading at a higher price than the calculated NAV.