SCHA — Schwab U.S. Small-Cap ETF

Overview

The Schwab U.S. Small-Cap ETF (SCHA) is a fund managed by Schwab ETFs that operates within the US Small Cap category, which currently contains five ETFs tracked by ETFValuer. With assets under management totaling $24.2 billion and a share price of $34.31, the fund demonstrates significant investor adoption relative to its peers. It holds an overall rank of #28 out of 120 tracked ETFs across all categories and has received an ETFValuer grade of B with a score of 72.6 out of 100. The fund offers a low cost structure with an expense ratio of 0.03% while providing a dividend yield of 0.99%. These metrics position the ETF as a cost-efficient vehicle for exposure to the small-cap segment, supported by its substantial asset base and moderate ranking among a broader universe of funds.

Over the last trading day, the fund recorded a decline of 0.55%, followed by a steeper weekly drop of 5.04% before recovering to a monthly gain of 3.67%. The three-month performance accelerated significantly to a return of 15.93%, which continued into a six-month period with a gain of 17.99%. Year-to-date returns have reached 19.63%, while the one-year return stands at 34.94%, indicating strong recent momentum. This upward trajectory extends further into the long term, with the fund posting a three-year return of 57.88%. The data shows a pattern where short-term volatility was followed by sustained growth over the medium and long-term horizons.

The fund carries a Moderate volatility label and exhibits a beta of 1.21, suggesting it tends to move with greater amplitude than the broader market. A maximum drawdown of -27.29% indicates the largest peak-to-trough decline experienced by the fund during the measured period. Despite this potential for significant downside, the fund has achieved a Sharpe ratio of 1.58, reflecting a favorable return per unit of risk taken. This combination of a high beta and a strong Sharpe ratio implies that while the fund experiences amplified market movements, it has historically generated substantial excess returns relative to the volatility incurred. The moderate volatility classification aligns with the observed drawdown and beta figures, characterizing the fund's behavior as responsive to market swings without extreme instability.

AI-generated summary based on the data on this page.

SCHA Top Holdings

Holdings as of 2026-02-28 per the fund's most recent SEC N-PORT-P filing.

Market Backdrop

10-Year Treasury Yield: 4.55% (as of 2026-07-07) — The yield on 10-year US Treasury bonds — the standard "risk-free rate" benchmark used to contextualize this fund’s Sharpe ratio and returns.

CBOE Volatility Index (VIX): 16.13 (as of 2026-07-07) — A real-time gauge of expected S&P 500 volatility over the next 30 days — useful context for this fund’s own volatility label.

Federal Funds Rate: 3.63% (as of 2026-06-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.

SCHA Performance History

How SCHA Compares to Other US Small Cap ETFs