SCYBSchwab High Yield Bond ETF

Get income2y track recordRanked #109 of 1,628 in this goal

The funds goal is to track the total return of an index that measures the performance of below investment grade corporate debt.

By Schwab ETFs · Launched 2023

Annual Cost

0.03%

#191 of 5,573 · low cost

Fund Size

$2.5B

#644 of 5,573 · large

Dividend YieldGoal

6.92%

Track Record

2 years

#3,075 of 5,573 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$10,702+7.0%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Fixed income

Region

North america

Strategy

Index tracking

Index tracked

ICE BofA US Cash Pay High Yield Constrained Index

What it actually holds

By weight

Concentration

Top 10 holdings = 4.6% of fund✓ well diversified

State Street Institutional US Government Money Market Fund

1.8%

State Street Institutional US Government Money Market Fund

0.6%

1261229 BC LTD

0.4%

ECHOSTAR CORP

0.4%

CLOUD SOFTWARE GRP INC

0.3%

MEDLINE BORROWER LP

0.3%

WULF COMPUTE LLC

0.3%

WARNERMEDIA HOLDINGS INC

0.2%

CARNIVAL CORP

0.2%

DISH DBS CORP

0.2%

Asset allocation

Bonds

99.4%

Cash

0.6%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

3.8%Low

Year-on-year price swings

Max drawdown

-4.9%Mild

Worst peak-to-trough loss

Sharpe (3Y)

Unavailable

Needs 3+ years of history

Sortino (3Y)

Not yet

Needs 3+ years of history

Bond profile

Duration

6.6 years

Avg maturity

9.8 years

Credit ratings

BBB

0.0%

59.3%

30.9%

Below B

8.7%

Other

1.0%

Where to buy

Listing

Exchange: NYSE Arca

Full fund details

Objective: The funds goal is to track the total return of an index that measures the performance of below investment grade corporate debt.
Strategy: Invests primarily in securities included in the ICE BofA US Cash Pay High Yield Constrained Index, which tracks U.S. dollar denominated below investment grade corporate debt. May invest up to 20% in non-index securities to help track the index, using sampling techniques as needed.
Inception date: July 10, 2023
Fund family: Schwab ETFs