Schwab U.S. Aggregate Bond ETF
$22.30−0.20 (−0.87%)
- Expense ratio
- 0.03%
- Fund size
- $10.6B
- 1Y return
- −0.1%
- Yield · Last 12 months
- 4.26%
- Holdings
- 12526
- Volume · 30D
- 1.9M sh
- NAV per share
- $22.48
- 52W range
The ETF.net SCHZ Grade
Score 85 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 95Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 100Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.CScore 43Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.AScore 86Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.AScore 79Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 88Category rank
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
- 12,526
- 4%
- GVMXX
Sectors
- Financials100.0%
Geography
- United States92.25%
- Canada1.48%
- United Kingdom1.13%
- Japan0.75%
- Luxembourg0.56%
- Mexico0.45%
- Philippines0.45%
- Germany0.33%
- 2.63%
SCHZ Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
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.
| Period | SCHZ |
|---|---|
| Year to date | −1.0% |
| 1 month | −0.9% |
| 3 months | −1.4% |
| 1 year | −0.1% |
| 3 years | +4.3% |
| 5 years | −0.5% |
| 10 years | +1.1% |
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 | −1.0% | |
| 2025 | +7.2% | |
| 2024 | +1.3% | |
| 2023 | +5.6% | |
| 2022 | −13.2% | |
| 2021 | −1.7% | |
| 2020 | +7.5% |
SCHZ in the news
ETF.net Research hasn’t filed on SCHZ yet — coverage lands here as it’s written.
SCHZ Dividends
- 4.26%
- $0.96
- $0.08 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 1, 2026 | Sep 8, 2026 | $0.08 |
| Aug 3, 2026 | Aug 7, 2026 | $0.09 |
| Jul 1, 2026 | Jul 8, 2026 | $0.08 |
| Jun 1, 2026 | Jun 5, 2026 | $0.08 |
| May 1, 2026 | May 7, 2026 | $0.08 |
| Apr 1, 2026 | Apr 8, 2026 | $0.08 |
| Mar 2, 2026 | Mar 6, 2026 | $0.08 |
| Feb 2, 2026 | Feb 6, 2026 | $0.09 |
| Dec 19, 2025 | Dec 26, 2025 | $0.08 |
| Dec 1, 2025 | Dec 5, 2025 | $0.07 |
| Nov 3, 2025 | Nov 7, 2025 | $0.08 |
| Oct 1, 2025 | Oct 7, 2025 | $0.08 |
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.
- −17.8%
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
- The middle half of US Aggregate Bond funds
- Median 0.34%
No US Aggregate Bond fund charges less.