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.
The 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 ETFdb 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 ETFdb Pro. To view information on how the ETFdb Realtime Ratings work, click here.
View the Category ReportMetric | Metric Realtime Rating | A+ Metric Rated ETF |
---|---|---|
Liquidity | A- | n/a |
Expenses | A+ | n/a |
Performance | ||
Volatility | ||
Dividend | ||
Concentration |
The following tables and charts contain in-depth metrics for this ETF and compare it to similar peer ETFs within its ETFdb.com Category.
Asset | Percentage |
---|---|
Federal/Central debt | 37.4% |
ETF Cash Component | 33.05% |
Collateralized debt | 22.95% |
Corporate debt | 6.41% |
Municipal debt | 0.19% |
Bond Sector | Percentage |
---|---|
Government/Treasury | 35.95% |
ETF Cash Component | 33.05% |
Mortgage Backed | 22.95% |
Corporate | 6.41% |
Agency | 1.4% |
Municipal | 0.19% |
Provincial | 0.04% |
Bond Sector | Percentage |
---|---|
Government/Treasury Unsecured Note | 29.23% |
FNMA | 9.08% |
Government/Treasury Bond | 6.59% |
GNMA2 | 6.51% |
FHLMC | 5.85% |
Corporate Senior Note | 5.13% |
Unknown | 1.22% |
Supranational Senior Note | 0.7% |
Agency Unsecured Note | 0.62% |
Agency Senior Note | 0.44% |
Agency Bond | 0.32% |
GNMA1 | 0.29% |
Corporate Note | 0.16% |
Government/Treasury Senior Note | 0.14% |
Municipal Build America Bond | 0.13% |
Corporate Senior Subordinated Note | 0.12% |
Corporate Senior Debenture | 0.06% |
Corporate Subordinated Note | 0.06% |
Municipal Bond | 0.06% |
Corporate First Mortgage Note | 0.04% |
Provincial Bond | 0.04% |
Corporate Bond | 0.04% |
Agency Debenture | 0.02% |
Corporate Secured Note | 0.02% |
Corporate First Mortgage Bond | 0.02% |
Corporate Senior Bank Note | 0.02% |
Other | 33.1% |
Coupon Range | Percentage |
---|---|
0% to 1% | 0.0% |
1% to 2% | 11.67% |
2% to 3% | 22.51% |
3% to 4% | 20.11% |
4% to 5% | 9.97% |
5% to 6% | 1.55% |
6% to 7% | 0.79% |
7% to 8% | 0.18% |
8% to 9% | 0.18% |
9% to 10% | 0.0% |
Greater Than 10% | 0.0% |
ETF Cash Component | 33.05% |
Credit | Percentage |
---|---|
AAA | 37.89% |
AA | 1.45% |
A | 2.37% |
BBB | 3.18% |
BB | 0.08% |
B | 0.0% |
Below B | 0.0% |
Not Rated | 0.0% |
ETF Cash Component | 33.05% |
Rating Unknown | 21.98% |
Maturity | Percentage |
---|---|
Less Than 1 Year | 0.02% |
1-3 Years | 14.99% |
3-5 Years | 10.8% |
5-7 Years | 5.91% |
7-10 Years | 5.89% |
10-15 Years | 1.78% |
15-20 Years | 1.63% |
20-30 Years | 25.69% |
30+ Years | 0.26% |
ETF Cash Component | 33.05% |
This section compares the cost efficiency of this ETF to peers in the same ETFdb.com Category.
This ETF is currently available for commission free trading on the following platforms: (Charles Schwab)
There are 13 other ETFs in the Total Bond Market ETFdb.com Category that are also eligible for commission free trading:
This section shows how this ETF has performed relative to its peer group ETFdb.com Category.
This section compares the fund flows of this ETF to peers in the same ETFdb.com Category.
The following charts can be customized to display historical performance in a number of different formats, including line charts, bar charts, and candlesticks. Time periods can be adjusted to increase or decrease the period shown, ranging from five minutes to several months.
The following chart also includes the option to compare the performance of SCHZ relative to other ETFs and benchmarks or to include indicators such as Bollinger Bands, relative strength, and moving averages.
This section shows how the P/E multiple of this ETF compares to the peer group ETFdb.com Category.
This section shows how the dividend yield of this ETF compares to the peer group ETFdb.com Category.
This section shows how the volatility of this ETF compares to the peer group ETFdb.com Category.
Fact sheets are issued by the ETF provider and framed by ETFdb.com. Information contained within the fact sheet is not guaranteed to be timely or accurate.