Schwab U.S. Aggregate Bond ETF
$22.15+0.02 (+0.09%)
- 0.03%
- $10.5B
- −1.9%
- 4.35%
- 2.2M sh
- $22.11
- low $21.92high $23.73
The ETF.net SCHZ Grade
A
Score 86 out of 100
- 3 of 117
Score 86 of 100 falls in the A band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.A95 out of 100Rank 3 of 117Mission
Whether the fund did what it promised, tested against its stated mandate.A100 out of 100Rank 1 of 101Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C50 out of 100Rank 39 of 116Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A85 out of 100Rank 7 of 117Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A79 out of 100Rank 14 of 116Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A89 out of 100Rank 9 of 117
Our read on SCHZ
ASchwab's core bond holding: the broad U.S. investment-grade bond market, over 10,000 issues deep, for 0.03% a year. That is the floor of a category whose median fee is more than ten times higher. Running since 2011, pays monthly.
The fund seeks to track the total return of an index representing the broad U.S. investment-grade bond market.
Why people hold it
- 0.03% a year sits at the category floor, against a cohort median of 0.36%. Only a short list of aggregate-bond funds matches it, including AGG, BND and SPAB.
- Tracks the Bloomberg US Aggregate Bond Index tightly, one of the cleanest index implementations among the 187 funds in its peer group.schwabassetmanagement.com
- One ticker, thousands of investment-grade U.S. bonds, income paid monthly. The plumbing of a bond portfolio without buying a single bond yourself.
- Live since 2011 and now a multi-billion-dollar fund that trades actively, so trading costs on ordinary retail-sized orders tend to be minor.
Worth knowing
- This is duration exposure, not a cash substitute. Interest-rate moves, not credit selection, drive most of the ride, and that is the weakest part of its risk profile.
- Investment grade and U.S. only: no high-yield, no foreign bonds. Funds like BNDX cover the international side of the cohort.
- The aggregate-bond aisle is commoditized. Against AGG, BND and SPAB at the same 0.03%, the differences come down to index variant and where you already custody, not fee.
SCHZ Holdings
- Bonds
- 12,611
- 4%
- GVMXX
Sectors
- Financials100.0%
Geography
- United States92.23%
- Canada1.50%
- United Kingdom1.11%
- Japan0.74%
- Luxembourg0.57%
- Philippines0.46%
- Mexico0.45%
- Germany0.34%
- 2.60%
SCHZ Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
SCHZ$9,813
Returns run to the Oct 12, 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.
| Period | SCHZ |
|---|---|
| Year to date | −2.3% |
| 1 month | −0.9% |
| 3 months | −2.4% |
| 1 year | −1.9% |
| 3 years | +4.4% |
| 5 years | −0.5% |
| 10 years | +1.0% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | SCHZ |
|---|---|---|
| 2026 YTD | −2.3% | |
| 2025 | +7.2% | |
| 2024 | +1.3% | |
| 2023 | +5.6% | |
| 2022 | −13.2% | |
| 2021 | −1.7% | |
| 2020 | +7.5% |
SCHZ in the news
Category Review
Municipal bond funds are down for the year after a third-quarter selloff erased the first-half gain
Head-to-Head
iShares Core U.S. Aggregate Bond ETF and Vanguard Total Bond Market ETF have returned almost the same
Price vs Value
Vanguard showed a 1.94% discount on an energy fund that closed two cents above its value
SCHZ Dividends
- 4.35%
- $0.96
- $0.08 per share
- Monthly
Distribution history
SCHZ Risk
- 5.6%
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.
- −0.07
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.
- −17.5%
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.
- 0.99
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
SCHZ Cost
0.03%
SCHZ0.03%
- The middle half of US Aggregate Bond funds
- Median 0.34%
No US Aggregate Bond fund charges less.
Other funds in US Aggregate Bond
- AAGGiShares Core U.S. Aggregate Bond ETFExpense ratio 0.03%1 year return −1.9%
- ASPABState Street SPDR Portfolio Aggregate Bond ETFExpense ratio 0.03%1 year return −2.0%
- ABNDVanguard Total Bond Market ETFExpense ratio 0.03%1 year return −1.9%
- AIUSBiShares Core Universal USD Bond ETFExpense ratio 0.06%1 year return −1.5%
- ABKAGBNY Mellon Core Bond ETFExpense ratio 0.00%1 year return −1.9%