Schwab Ultra-Short Income ETF
$25.09+0.00 (−0.04%)
History starts Aug 13, 2024.
- Expense ratio
- 0.14%
- Fund size
- $261M
- 1Y return
- +3.4%
- Yield · Last 12 months
- 3.89%
- Holdings
- 147
- Volume · 30D
- 0.1M sh
- NAV per share
- $25.09
- 52W range
The ETF.net SCUS Grade
Score 68 of 100 sits in the B 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 79Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 92Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.CScore 44Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.DScore 32Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.AScore 81Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.CScore 49Category rank
Our read on SCUS
BSchwab's cash-parking entry: an actively managed sleeve of short-dated investment-grade dollar debt, measured against 3-month T-bills, at 0.14% a year. That undercuts the typical ultra-short bond ETF, and most active ones too.
The fund seeks current income consistent with capital preservation while maintaining liquidity. It actively invests in investment-grade, short-term, U.S.-dollar-denominated debt securities issued by U.S. and foreign issuers.
Why people hold it
- 0.14% a year undercuts the ultra-short category's 0.20% median, and lands below active rivals like PULS at 0.15%.
- Active, not index-tracking: managers pick among short-dated investment-grade dollar bonds from US and foreign issuers, with capital preservation and liquidity written into the mandate.
- Income arrives monthly, drawn from roughly 150 positions rather than a handful of bills.
- Sits in the upper half of a crowded ultra-short bond field, with cost doing the heavy lifting.
Worth knowing
- Launched in August 2024, so the track record is short next to ultra-short mainstays like SHV.
- Assets are modest and trading is moderate, so spreads can run wider than at the category's biggest names.
- Benchmarked to 3-month T-bills, but it buys credit rather than only government paper, so the share price can move when spreads widen.
SCUS Holdings
- Bonds
- 147
- 23%
- TRI-PARTY WELLS FARGO SECURITIES L 4.45% 02/08/2027
Sectors
- Financials100.0%
Geography
- United States91.51%
- Canada7.69%
- France0.80%
SCUS Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
SCUS$10,337
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 | SCUS |
|---|---|
| Year to date | +2.3% |
| 1 month | +0.0% |
| 3 months | +0.8% |
| 1 year | +3.4% |
| 3 years | — |
| 5 years | — |
| 10 years | — |
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 | SCUS |
|---|---|---|
| 2026 YTD | +2.3% | |
| 2025 | +4.5% | |
| 2024 | +2.0% |
SCUS in the news
SCUS Dividends
- 3.89%
- $0.97
- $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 | $0.08 |
| Nov 3, 2025 | Nov 7, 2025 | $0.08 |
| Oct 1, 2025 | Oct 7, 2025 | $0.09 |
SCUS Risk
- 0.4%
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.
- 0.24
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.
- −0.2%
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.
- 0.01
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
SCUS Cost
0.14%
SCUS0.14%
- The middle half of Cash & Ultra-Short Income funds
- Median 0.19%
15 of the 77 Cash & Ultra-Short Income funds charge less.