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SCHQ

GradeANew York Stock Exchange Arca

Schwab Long-Term U.S. Treasury ETF

Treasury & Government Bond · Schwab · Inception 2019-10-10 · SEC filings

$29.25−0.51 (−1.70%)

As of Sep 23, 2026, 2:20 PM EDT

Intraday session: down, 59 prints from 29.75 to 29.25. Range 29.21 to 29.66. Use the arrow keys to read each point.$29.40$29.6010 AM12 PM2 PM4 PM
Expense ratio
0.03%
Fund size
$925M
1Y return
−2.9%
Yield · Last 12 months
4.93%
Holdings
102
Volume · 30D
0.8M sh
NAV per share
$29.75
52W range
low $29.33high $33.19

The ETF.net SCHQ Grade

A

75/ 100

Rank 2 of 6 in Treasuries (10-20 Year)

Confidence Medium

Six-pillar profile for SCHQ. Scores out of 100: Cost 84, Risk 39, Mission 100, Tradability 62, Holdings 77, Durability 53. Strongest: Mission (100). Weakest: Risk (39). Leans toward Mission.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 75 of 100 sits in the A band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    AScore 84
    Category rank1/6 · top 17%
  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    AScore 100
    Category rank3/6 · top 50%
  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    DScore 39
    Category rank5/6 · bottom quartile
  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    BScore 62
    Category rank3/6 · top 50%
  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    AScore 77
    Category rank1/6 · top 17%
  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    CScore 53
    Category rank4/6 · mid-pack

Graded as of Sep 22, 2026

Our read on SCHQ

ETF.net Research

AThe long end of the Treasury curve in a three-basis-point wrapper. SCHQ owns only long-dated US government bonds, so interest rates are the whole story here: no credit calls, no stock picking, just duration.

Stated mandate

The fund seeks to track, before fees and expenses, an index representing the long-term U.S. Treasury bond market.

Why people hold it

  1. 01Charges 0.03% a year against a 0.12% typical fee in its Treasury peer group. On a government bond fund, fees come straight out of the yield you keep.schwabassetmanagement.com
  2. 02Plain index mandate: it follows the Bloomberg US Long Treasury Index with roughly 100 bonds and no manager discretion, and it distributes monthly.schwabassetmanagement.com
  3. 03One of the stronger implementations in its Treasury cohort, priced level with the cheapest names on the board (VGIT and SCHP also at 0.03%).

Worth knowing

  1. 01Long maturities are the most rate-sensitive corner of the Treasury market. Prices here swing harder when yields move than in short or intermediate funds.schwabassetmanagement.com
  2. 02Launched in 2019, so its live record is short next to long-Treasury funds that have traded through more rate cycles.

SCHQ Holdings

As of Sep 20, 2026, 6:40 AM
Asset class
Bonds
Holdings
102
Top-10 weight
21%
Largest holding
TREASURY BOND 5.00% 05/15/2056 (BBG0221YLR40)2.2%

Sectors

  • Financials100.0%

Geography

  • United States100.00%
The fund’s holdings, weight-ordered — page 1 of 7.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001TREASURY BOND 5.00% 05/15/2056 (BBG0221YLR40)2.24%21,234,500$20M2
002TREASURY BOND 4.75% 02/15/2056 (BBG01ZZ4GDS8)2.15%21,237,200$20M2
003TREASURY BOND 4.75% 05/15/2055 (BBG01TQR9HT9)2.15%21,231,700$20M2
004TREASURY BOND 4.75% 08/15/2055 (BBG01WCQ4BT7)2.14%21,220,400$20M3
005TREASURY BOND 4.63% 05/15/2054 (BBG01MPC8XR6)2.10%21,235,500$19M2
006TREASURY BOND 4.63% 11/15/2055 (BBG01Y9RFK40)2.10%21,232,100$19M3
007TREASURY BOND 4.63% 02/15/2055 (BBG01S53LGS6)2.10%21,234,200$19M2
008TREASURY BOND 4.50% 11/15/2054 (BBG01QKHSL31)2.06%21,236,300$19M2
009TREASURY BOND 4.75% 11/15/2053 (BBG01JZY4HS2)2.05%20,290,700$19M2
010TREASURY BOND 4.25% 08/15/2054 (BBG01P1YBJY6)1.98%21,237,800$18M2
011TREASURY BOND 4.25% 02/15/2054 (BBG01L8YJKX8)1.98%21,233,600$18M2
012TREASURY BOND 4.13% 08/15/2053 (BBG01HQWRRD9)1.77%19,376,900$16M2
013TREASURY BOND 4.00% 11/15/2052 (BBG01BC36V36)1.57%17,533,900$14M2
014TREASURY BOND 1.75% 08/15/2041 (BBG01248GVN1)1.51%21,324,400$14M2
015UNITED STATES TREASURY 3.63% 05/15/2053 (BBG01GJ2QXX1)1.46%17,503,100$13M2

Showing 1–15 of 102 holdings

SCHQ Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

SCHQ$9,708
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. SCHQ $9,708. SPY $11,723. Use the arrow keys to read each point.$9,353$10,646$11,940Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for SCHQ. Periods over one year show the average yearly return.
PeriodSCHQ
Year to date−3.1%
1 month−0.2%
3 months−3.5%
1 year−2.9%
3 years+1.5%per year
5 years−7.3%per year
10 yearsFund is under 10 years oldper year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for SCHQ
YearReturn barSCHQ
2026 YTD−3.1%
2025+5.5%
2024−6.4%
2023+3.4%
2022−29.4%
2021−4.9%
2020+17.7%

SCHQ in the news

ETF.net Research hasn’t filed on SCHQ yet — coverage lands here as it’s written.

SCHQ Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
4.93%Last 12 months
Payout per share
$1.47Last 12 months
Last payment
$0.11 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Monthly

Distribution history

2023–2026

One bar per payment. 44 payments from 2023 to 2026 YTD. Feb 1, 2023 $0.12; Mar 1, 2023 $0.11; Apr 3, 2023 $0.12; May 1, 2023 $0.09; Jun 1, 2023 $0.11; Jul 3, 2023 $0.12; Aug 1, 2023 $0.08; Sep 1, 2023 $0.12; Oct 2, 2023 $0.11; Nov 1, 2023 $0.11; Dec 1, 2023 $0.12; Dec 15, 2023 $0.11; Feb 1, 2024 $0.13; Mar 1, 2024 $0.11; Apr 1, 2024 $0.13; May 1, 2024 $0.12; Jun 3, 2024 $0.13; Jul 1, 2024 $0.11; Aug 1, 2024 $0.12; Sep 3, 2024 $0.12; Oct 1, 2024 $0.11; Nov 1, 2024 $0.14; Dec 2, 2024 $0.12; Dec 20, 2024 $0.12; Feb 3, 2025 $0.13; Mar 3, 2025 $0.11; Apr 1, 2025 $0.10; May 1, 2025 $0.12; Jun 2, 2025 $0.14; Jul 1, 2025 $0.12; Aug 1, 2025 $0.12; Sep 2, 2025 $0.11; Oct 1, 2025 $0.13; Nov 3, 2025 $0.12; Dec 1, 2025 $0.09; Dec 19, 2025 $0.13; Feb 2, 2026 $0.15; Mar 2, 2026 $0.11; Apr 1, 2026 $0.13; May 1, 2026 $0.12; Jun 1, 2026 $0.15; Jul 1, 2026 $0.11; Aug 3, 2026 $0.13; Sep 1, 2026 $0.11. Use the arrow keys to read each point.2023202420252026YTD
Ex-datePay dateAmount per share
Sep 1, 2026Sep 8, 2026$0.11
Aug 3, 2026Aug 7, 2026$0.13
Jul 1, 2026Jul 8, 2026$0.11
Jun 1, 2026Jun 5, 2026$0.15
May 1, 2026May 7, 2026$0.12
Apr 1, 2026Apr 8, 2026$0.13
Mar 2, 2026Mar 6, 2026$0.11
Feb 2, 2026Feb 6, 2026$0.15
Dec 19, 2025Dec 26, 2025$0.13
Dec 1, 2025Dec 5, 2025$0.09
Nov 3, 2025Nov 7, 2025$0.12
Oct 1, 2025Oct 7, 2025$0.13

SCHQ Risk

How much the fund’s monthly returns vary, scaled to a year.
12.8%
Annualised · 36 months to Aug 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
−0.28
vs 3-month T-bills · to Aug 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−40.9%
Trough Oct 2023
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
2.24
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

SCHQ Cost

Expense ratio0.03%
  • The middle half of Treasuries (10-20 Year) funds
  • Median 0.10%

No Treasuries (10-20 Year) fund charges less.

SCHQ costs $3.00 a year on $10,000. The median Treasuries (10-20 Year) fund costs $9.50.