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

The Schwab Long-Term U.S. Treasury ETF (SCHQ) operates within the US Bonds - Government category, which ETFValuer tracks with 22 total funds. Issued by Schwab ETFs, the fund holds $759 million in assets and trades at a price of $30.21. It carries an expense ratio of 0.03% and offers a dividend yield of 4.73%. Across all tracked categories, the ETF holds an overall rank of #398 out of 458 funds and has received an ETFValuer grade of D with a score of 45.8 out of 100. The combination of a low expense ratio and a high dividend yield contrasts with its lower overall ranking and moderate asset size. These metrics suggest a specific positioning within the government bond sector that has not yet resulted in top-tier adoption relative to its peers.

Recent performance data shows a negative trend across short-term horizons, with the fund down -0.36% over one day, -1.27% over one week, and -2.93% over one month. This decline continued into the three-month period at -2.84% and the six-month period at -2.37%, while year-to-date returns stand at -2.22%. A divergence appears in the longer-term data, as the one-year return turned positive at +1.01%. However, the three-year annualized return remains negative at -2.21%, indicating that recent gains have not fully offset prior losses. The pattern suggests a recovery in the most recent year following a period of sustained underperformance over the previous three years.

The fund is assigned a Low volatility label despite exhibiting a high beta of 2.24, which indicates significant sensitivity to market movements relative to the broader index. This sensitivity is reflected in a Sharpe ratio of -0.47, suggesting that the returns generated have not adequately compensated investors for the risk taken. The maximum drawdown of -16.06% highlights the potential for substantial capital erosion during market stress periods. Together, these figures imply a profile where the fund experiences amplified price swings compared to the market, resulting in negative risk-adjusted returns over the measured timeframe. The combination of high beta and negative Sharpe ratio points to a strategy that has struggled to deliver consistent value during both up and down market cycles.

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

SCHQ Top Holdings

Holdings as of 2026-03-31 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 21.7% 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 (21.7% 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: 4.71% (as of 2026-07-23) — 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): 18.70 (as of 2026-07-23) — 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.

SCHQ Liquidity, Domicile & Tax Treatment

Liquidity: Quoted bid/ask spread is 1.84% and average daily volume is 632K/day. Tighter spreads and higher volume mean lower round-trip trading costs; this is a live-market snapshot and can widen during volatile sessions. AUM of $759M 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