Key stats
About Schwab Strategic Trust Schwab High Yield Bond ETF
Expense ratio
0.03%
Home page
Inception date
Jul 11, 2023
SCYB is an FX-G10 member-only fund, holding USD-denominated, fixed coupon-bearing corporate high-yield bonds with at least one year to maturity. The index caps each issuer at 2% but may include an unlimited number of issues. The FX-G10 countries include all Euro members, the US and United Kingdom, Canada, Australia, New Zealand, Switzerland, Norway, Sweden, and Japan. Investments may also include callable perpetual and fixed-to-floating rate securities. In addition, a fifth of the portfolio may consist of non-index constituents and highly liquid securities issued by the US government. Derivatives such as futures contracts may also be utilized to manage interest rates. The index rebalances monthly.
Classification
What's in the fund
Exposure type
Corporate
Stocks0.17%
Communications0.09%
Finance0.08%
Bonds, Cash & Other99.83%
Corporate98.88%
Cash0.88%
Miscellaneous0.06%
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