SCYBSchwab
Schwab High Yield Bond ETF
$26.04+0.15% today
262752-WK
SOURCE: MARKET TAPE & DAILY CREATION/REDEMPTION RECORDS · 6M SHOWN
The desk’s read
Flows are quiet — the past month netted out near zero, while the price has returned -1.6% so far this year. At 0.030% a year, nothing comparable on our shelf runs cheaper.
COMPOSED FROM THE FUND’S OWN DAILY RECORDS · UPDATED WITH EACH REFRESH
$429Massets under management
0.030%expense ratio · $3 per $10,000 a year
—net flow, trailing month
967Kavg daily volume, 30 days
1509holdings
2023listed July 10, 2023 · beta 0.22
Sector weights
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Country weights
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Performance
| 1 week | -0.1% |
| 1 month | -0.1% |
| 3 months | +0.2% |
| 6 months | -1.7% |
| YTD | -1.6% |
| 1 year | -1.4% |
| 3 years | — |
PRICE RETURN, DISTRIBUTIONS NOT REINVESTED
Net flows
| 1 week | — |
| 1 month | — |
| 3 months | — |
| YTD | — |
| 1 year | — |
CREATION/REDEMPTION DOLLARS, DAILY RECORDS
The risk read
3%realized volatility, 30 days (annualized)
4%realized volatility, 1 year
-3.7%deepest fall from a peak, 1 year
-2.7%where it sits vs. that peak today
VOLATILITY & DRAWDOWN FROM THE DAILY TAPE · CONCENTRATION FROM THE LATEST DISCLOSED BOOK
Options tape
—calls today
3puts today
—put/call ratio
733Kshares traded
The case against SCYB
Due diligence cuts both ways. These funds sit on the same shelf and beat SCYB on at least one dimension that matters — the fee, the asset base, or where the money is going.
| Fund | Fee | Assets | Flow, 1M | The case | |
|---|---|---|---|---|---|
| STIP iShares 0-5 Year TIPS Bond ETF | 0.03% | $16B | +$288M | 37× the assets · +$288M in over the month | Head-to-head |
| MBB iShares MBS ETF | 0.04% | $39B | +$26M | 91× the assets · +$26M in over the month | Head-to-head |
| IGSB iShares 1-5 Year Investment Grade Corporate Bond ETF | 0.04% | $23.4B | +$520M | 55× the assets · +$520M in over the month | Head-to-head |
| IGIB iShares 5-10 Year Investment Grade Corporate Bond ETF | 0.04% | $18.7B | +$312M | 43× the assets · +$312M in over the month | Head-to-head |
| MUB iShares National Muni Bond ETF | 0.05% | $45.8B | +$585M | 107× the assets · +$585M in over the month | Head-to-head |