
Schwab High Yield Bond ETF
$25.080.00 (0.00%)
- 0.03%
- $2.8B
- +2.0%
- 7.82%
- 1.1M sh
- low $24.91high $26.65
The ETF.net SCYB Grade
Score 89 out of 100
- 2 of 85
Score 89 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.A100 out of 100Rank 1 of 85Mission
Whether the fund did what it promised, tested against its stated mandate.A100 out of 100Rank 1 of 77Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B60 out of 100Rank 20 of 85Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A81 out of 100Rank 8 of 85Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A99 out of 100Rank 1 of 85Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B68 out of 100Rank 27 of 85
Our read on SCYB
In short
AThree basis points for the broad US high-yield corporate market. Schwab undercuts a category where the typical fund charges more than ten times as much, spreading the bet across roughly 1,800 bonds and paying monthly.
Stated mandate
The fund follows a rules-based strategy intended to track the high-yield bond market, primarily through bonds in the Bloomberg Barclays US Corporate High Yield Total Return Index and similar derivatives.
Why people hold it
Worth knowing
SCYB Holdings
- Stocks
- 1,844
- 4%
- GVMXX
Sectors
- Financials100.0%
Geography
- United States85.95%
- Canada4.14%
- United Kingdom1.67%
- Japan1.29%
- Luxembourg1.11%
- France1.08%
- Bermuda1.07%
- Netherlands0.67%
- 3.02%
SCYB 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 Nov 2, 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 | SCYB |
|---|---|
| Year to date | +0.6% |
| 1 month | +0.7% |
| 3 months | −1.2% |
| 1 year | +2.0% |
| 3 years | +7.7% |
| 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 | SCYB |
|---|---|---|
| 2026 YTD | +0.6% | |
| 2025 | +8.3% | |
| 2024 | +8.1% | |
| 2023 | +6.8% |
SCYB in the news
SCYB Dividends
- 7.82%
- $1.96
- $0.16 per share
- Monthly
Distribution history
SCYB Risk
- 4.6%
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.
- 0.82
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.
- −4.9%
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.
- 0.28
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FMP measures it over up to five years of monthly returns.
SCYB Cost
Cheapest in US High Yield
$638
On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.
SCYB 0.03%
$638
Cost over time
Year by year
| Year | SCYB |
|---|---|
| 10 | $55 |
| 20 | $216 |
| 30 | $638 |
Other funds in US High Yield
- ASPHYState Street SPDR Portfolio High Yield Bond ETFExpense ratio 0.05%1 year return +1.8%
- AHYLBXtrackers USD High Yield Corporate Bond ETFExpense ratio 0.05%1 year return +1.8%
- AUSHYiShares Broad USD High Yield Corporate Bond ETFExpense ratio 0.08%1 year return +1.8%
- ABHYBXtrackers USD High Yield BB-B ex Financials ETFExpense ratio 0.20%1 year return +2.5%
- ABBHYJPMorgan BetaBuilders USD High Yield Corporate Bond ETFExpense ratio 0.07%1 year return +1.7%




