SCHZ — Schwab U.S. Aggregate Bond ETF

SCHZ Price Performance — Growth of $10,000

Value of a $10,000 investment in SCHZ 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.

SCHZ Drawdown

The "underwater" chart: SCHZ'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 U.S. Aggregate Bond ETF (SCHZ) is a broad US bond fund issued by Schwab ETFs with $10.5 billion in assets. It holds a C grade, ranking 5th out of 7 peers in its category and 323rd of 458 tracked ETFs overall. The fund’s 0.03% expense ratio matches the category median, while its 4.36% dividend yield also aligns with the sector average. Top 10 holdings represent only 4.9% of assets, with the largest position being the State Street Institutional US Government Money Market Fund at 1.6%.

Price history is available for 3.0 years, and the fund’s C grade has remained unchanged across the last 35 tracked days. The ETF trades at $22.10, sitting at 9.9% of its 52-week range. Short-term returns show a decline, with the 1-month return at -1.89% and the 3-month return at -2.56%. In contrast, the 3-year return stands at +13.32%, diverging from the recent negative trend seen in the 1-year return of -1.71%.

The fund exhibits Very Low volatility at 3.88% annualized and a beta of 0.99, indicating movement closely tied to the market. A Sharpe ratio of -1.73 suggests poor risk-adjusted returns relative to the risk-free rate, accompanied by a maximum drawdown of -4.92%. Liquidity is supported by an average daily volume of 2,310,665 shares. These metrics collectively describe a fund that has experienced recent negative performance with low volatility but suboptimal risk-adjusted efficiency.

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

SCHZ Top Holdings

Holdings as of 2026-06-30 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 4.9% 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 SCHZ's holdings overlap with other ETFs you own or are considering, check the Stock Overlap tool.

Which Funds Overlap With SCHZ

Holding two funds that own the same companies adds cost and complexity without adding much diversification. These tracked ETFs share the most names with SCHZ's top 10 — AGG overlaps most, holding 1 of the same companies as SCHZ's top 10 (3.4% of SCHZ'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: 5.28% (as of 2026-10-07) — 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): 15.08 (as of 2026-10-07) — 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: 3.75% (as of 2026-09-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.

SCHZ Liquidity, Domicile & Tax Treatment

Liquidity: Average daily volume is 2.3M/day. Higher volume and a larger fund generally mean lower round-trip trading costs. AUM of $10.5B provides ample scale, supporting tight spreads and issuer commitment to keep the fund open.

Domicile & tax treatment: SCHZ 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.

SCHZ Performance History

How SCHZ Compares to Other US Bonds - Broad ETFs