This ETF offers exposure to a broad-based bond index designed to measure the performance of the U.S. investment grade debt market. SCHZ’s portfolio includes Treasuries, mortgage-backed securities, corporate debt, and securities issued by agencies of the U.S. government. As such, SCHZ makes sense as a core holding in a long-term, buy-and-hold portfolio; this ETF offers exposure to thousands of fixed income securities, and can be a core component that delivers stable current return to investors. It should be noted, however, that SCHZ doesn’t cover all corners of the U.S. debt market; segments that are excluded from this ETF include junk bonds and floating rate debt. Moreover, SCHZ doesn’t include any international debt; investors looking to extend their bond portfolio beyond the U.S. might want to consider products in the International Government Bond or Emerging Market Bonds ETFdb Categories. SCHZ is a good start to a well-rounded fixed income portfolio, but some complementary positions are necessary for investors interested in achieving truly global exposure.
There are plenty of alternatives to SCHZ; the ultra popular AGG and BND are linked to the same index. The biggest appeal of this ETF is the low fees; SCHZ is one of the cheapest ETFs available anywhere, and the eligibility for commission free trading in Schwab accounts may further increase the appeal of this fund to cost conscious investors.
| Segment | Fixed Income: U.S. - Broad Market, Broad-based Investment Grade |
| Category | Broad Market, Broad-based |
| Focus | Investment Grade |
| Niche | Broad Maturities |
| Strategy | Vanilla |
| Weighting Scheme | Market Value |
This section compares how balanced and deep this ETF is relative to its peers.
| SCHZ | ETF Database Category Average | FactSet Segment Average | |
|---|---|---|---|
| Number of Holdings | 10000 | 1429 | 2409 |
| % of Assets in Top 10 | 7.29% | 36.22% | 41.37% |
| % of Assets in Top 15 | 9.59% | 41.72% | 45.81% |
| % of Assets in Top 50 | 23.45% | 65.21% | 62.47% |
| SCHZ | ETF Database Category Average | FactSet Segment Average | |
|---|---|---|---|
| Large (>12.9B) | N/A | N/A | N/A |
| Mid (>2.7B) | N/A | N/A | N/A |
| Small (>600M) | N/A | N/A | N/A |
| Micro (<600M) | N/A | N/A | N/A |
This section compares the P/E ratio of this ETF to its peers.
This section compares the dividend yield of this ETF to its peers.
| SCHZ | ETF Database Category Average | FactSet Segment Average | |
|---|---|---|---|
| Dividend | $ 0.13 | $ 0.17 | $ 0.13 |
| Dividend Date | 2023-11-01 | N/A | N/A |
| Annual Dividend Rate | $ 1.46 | $ 1.75 | $ 1.25 |
| Annual Dividend Yield | 3.24% | 4.19% | 3.47% |
View charts featuring SCHZ price and volume data.
View charts featuring ETF fund flow data.
5 Day Net Flows: 4.47 M 1 Month Net Flows: 70.96 M 3 Month Net Flows: 4.35 M 6 Month Net Flows: 220.27 M 1 Year Net Flows: 442.06 M 3 Year Net Flows: -536.21 M 5 Year Net Flows: -536.21 M 10 Year Net Flows: -536.21 MView charts that break down the influence that fund flows and price had on overall assets.
5 Day Net AUM Change: 87.54 MThe adjacent table gives investors an individual Realtime Rating for SCHZ on several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating. The "A+ Metric Rated ETF" field, available to ETF Database Pro members, shows the ETF in the Total Bond Market with the highest Metric Realtime Rating for each individual field. To view all of this data, sign up for a free 14-day trial for ETF Database Pro. To view information on how the ETF Database Realtime Ratings work, click here.
This section compares the cost efficiency of this ETF to its peers.
| Max ST Capital Gains Rate | 39.60% |
| Max LT Capital Gains Rate | 20.00% |
| Tax On Distributions | Ordinary income |
| Distributes K1 | No |
This section shows how this ETF has performed relative to its peers. Returns over 1 year are annualized.
| SCHZ |
ETF Database
Category Average |
Factset Segment
Average |
|
|---|---|---|---|
| 1 Month Return | 5.13% | 4.22% | 4.38% |
| 3 Month Return | 0.82% | 1.35% | 0.90% |
| YTD Return | 2.43% | 4.13% | 2.56% |
| 1 Year Return | 0.64% | 3.00% | 1.51% |
| 3 Year Return | -4.38% | -1.50% | -1.98% |
| 5 Year Return | 0.78% | 0.75% | 0.47% |
The following charts reflect the geographic spread of SCHZ's underlying holdings.
The following charts reflect the allocation of SCHZ's underlying holdings.
| Asset | Percentage |
|---|---|
| Sovereign | 43.98% |
| Mortgage Backed Security | 24.1% |
| Corporate | 13.89% |
| Open-ended Fund | 2.79% |
| Asset Backed Security | 2.11% |
| Other | 0.43% |
| Municipal | 0.37% |
| Preferred | 0.0% |
| Bond Sector | Percentage |
|---|
| Maturity | Percentage |
|---|---|
| Less Than 1 Year | 0.0% |
| 1-3 Years | 0.0% |
| 3-5 Years | 0.0% |
| 5-7 Years | 0.0% |
| 7-10 Years | 0.0% |
| 10-15 Years | 0.0% |
| 15-20 Years | 0.0% |
| 20-30 Years | 0.0% |
| 30+ Years | 0.0% |
| Asset | Percentage |
|---|---|
| Sovereign | 43.98% |
| Mortgage Backed Security | 24.1% |
| Corporate | 13.89% |
| Open-ended Fund | 2.79% |
| Asset Backed Security | 2.11% |
| Other | 0.43% |
| Municipal | 0.37% |
| Preferred | 0.0% |
This section shows how the volatility of this ETF compares to the peer group ETF Database Category.
| 5 Day Volatility | 60.08% |
| 20 Day Volatility | 7.94% |
| 50 Day Volatility | 8.44% |
| 200 Day Volatility | 7.44% |
| Beta | 0.14 |
| Standard Deviation | 0.76% |
ETF Database's Financial Advisor Reports are designed as an easy handout for clients to explain the key information on a fund. Includes new analyst insights and classification data.
Fact sheets are issued by the ETF provider and framed by ETF Database. Information contained within the fact sheet is not guaranteed to be timely or accurate.
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