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Schwab High Yield Bond ETF

Schwab · Tracks ICE BofA US Cash Pay High Yield Constrained Index · Inception Jul 10, 2023

Expense ratio
0.030%
3.0 bps
Net assets
$2.79B
TTM yield
7.18%
Last price
$25.13
as of Oct 23, 2026
Avg volume
1,287,405
shares/day, 30d

Trailing returns

through Oct 23, 2026
1 year
+1.7%
3 year
+8.3%
annualized
5 year
—
annualized
Growth of $1, 2023-08 to 2026-10

Price return from month-end closes, distributions reinvested at month end. Excludes trading costs, bid-ask spreads and taxes. Past performance says nothing about future returns and is not part of the composite score — see the methodology for what the score does measure.

Composite score

82 / 100
Cost 97

Based on a 0.030% expense ratio.

Liquidity 76

Based on $2.79B in net assets.

Concentration 100

Top-10 holdings represent 2.7% of net assets.

Tax efficiency 44

US High Yield Bond base · ETF wrapper · 7.18% TTM yield.

The composite is a weighted average of the four core sub-scores above (cost, tax efficiency, liquidity, concentration). Missing sub-scores fall back to the per-category median when the category has at least 50% data coverage, so funds without (e.g.) parsed N-PORT holdings aren't accidentally boosted by renormalization. Tracking quality is shown where computable but isn't currently part of the composite weighting. See methodology for formulas, the tracking-quality partial-coverage rationale, and the dimensions we deliberately don't score (methodology v0.5.2).

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Top holdings

1,833 total holdings · as of May 31, 2026
# Holding Weight
1 1261229 BC LTD 0.42%
2 MERIDIAN ARC HOLDCO LLC 0.36%
3 ECHOSTAR CORP 0.29%
4 CLOUD SOFTWARE GRP INC 0.27%
5 QUIKRETE HOLDINGS INC 0.24%
6 SV RNO PROPERTY OWNER 1 0.23%
7 CORE SCIENTIFIC FINANCE 0.23%
8 ASURION LLC/ASURION CO 0.22%
9 ASURION LLC/ASURION CO 0.22%
10 VENTURE GLOBAL LNG INC 0.22%

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Holdings sourced from SEC Form N-PORT-P (accession 0001410368-26-075019).