SCHQ — Schwab Long-Term U.S. Treasury ETF

SCHQ Price Performance — Growth of $10,000

Value of a $10,000 investment in SCHQ over time, compared with SPY. Both lines are rebased to $10,000 on the first shared date. Based on total returns — prices are adjusted for dividends and splits, so this assumes distributions were reinvested. Hover or tap the chart for exact values.

SCHQ Drawdown

The "underwater" chart: SCHQ's decline from its highest prior value at each point in time. It shows how deep past losses ran and how long the fund took to recover to break-even.

Overview

Schwab Long-Term U.S. Treasury ETF (SCHQ) is a government bond fund issued by Schwab ETFs with $908 million in assets under management. It holds a D grade and ranks 20th out of 22 peers in the US Bonds - Government category, placing it near the bottom of its group. The fund’s 0.03% expense ratio is significantly lower than the category median of 0.07%, offering a cost advantage to investors. Income generation is robust, with a 4.90% dividend yield that exceeds the category median of 3.92%. The portfolio is concentrated, with the top 10 holdings comprising only 21.4% of assets and the largest position being United States Treasury at 2.2%.

The fund’s price of $29.60 sits at 31.1% of its 52-week range, indicating it is closer to its low than its high over the past year. Short-term momentum shows a 1.47% gain over one week and a 2.72% rise over one month, contrasting with a -0.47% drop in the last day. Longer-term results are mixed, with a 12.39% return over three years offset by a -6.51% loss over the past year. This one-year performance trails the category median return of -1.42%, highlighting underperformance relative to peers. The ETFValuer grade has remained unchanged at D for the last 35 tracked days, reflecting a stable but weak assessment. Price history is available for only 3.0 years, limiting the depth of historical analysis.

SCHQ exhibits a beta of 2.16, meaning it moves more than twice as much as the broader market, contributing to its high volatility. The annualized volatility stands at 8.80%, which is labeled as Low despite the elevated beta, suggesting a specific risk profile. A Sharpe ratio of -1.31 indicates that the fund has generated negative risk-adjusted returns over the measured period. The maximum drawdown of -13.75% shows the peak-to-trough decline investors have experienced, representing significant downside risk. Liquidity is adequate, with an average daily volume of 1,258,654 shares, facilitating easy entry and exit for most traders.

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

SCHQ Top Holdings

Holdings as of 2026-06-30 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 21.4% of net assets — a rough gauge of concentration risk (the higher this figure, the more the fund's return depends on a handful of names). To see how SCHQ's holdings overlap with other ETFs you own or are considering, check the Stock Overlap tool.

Which Funds Overlap With SCHQ

Holding two funds that own the same companies adds cost and complexity without adding much diversification. These tracked ETFs share the most names with SCHQ's top 10 — AGG overlaps most, holding 1 of the same companies as SCHQ's top 10 (21.4% of SCHQ's assets).

Compares the top 10 reported holdings of each fund, so it's a floor on true overlap — two S&P 500 trackers overlap ~100% even when only 10 names are listed. Use the Stock Overlap tool to search by individual company.

Market Backdrop

10-Year Treasury Yield: 4.96% (as of 2026-10-22) — 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): 19.03 (as of 2026-10-22) — 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: 3.75% (as of 2026-09-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.

SCHQ Liquidity, Domicile & Tax Treatment

Liquidity: Average daily volume is 1.3M/day. Higher volume and a larger fund generally mean lower round-trip trading costs. AUM of $908M provides ample scale, supporting tight spreads and issuer commitment to keep the fund open.

Domicile & tax treatment: SCHQ is a US-domiciled, SEC-registered ('40 Act) exchange-traded fund. Dividends and capital gains distributions are reported to US investors on Form 1099-DIV, and the fund is not subject to the PFIC reporting or UCITS-specific rules that apply to Irish- or Luxembourg-domiciled funds. Non-US investors should note that US-domiciled ETFs are generally subject to 30% US withholding tax on dividends (unless reduced by treaty) and to US estate tax exposure on the position — Irish-domiciled UCITS ETFs tracking the same index often avoid both, which is why non-US residents frequently prefer the UCITS equivalent where one exists. This is general information, not tax advice — consult a tax professional for your situation.

SCHQ Performance History

How SCHQ Compares to Other US Bonds - Government ETFs