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
$2.86B
TTM yield
6.97%
Last price
$25.71
as of Sep 10, 2026

Composite score

82/ 100
Cost97

Based on a 0.030% expense ratio.

Liquidity76

Based on $2.86B in net assets.

Concentration100

Top-10 holdings represent 5.5% of net assets.

Tax efficiency44

US High Yield Bond base · ETF wrapper · 6.97% 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. Seemethodologyfor formulas, thetracking-qualitypartial-coverage rationale, and the dimensions we deliberatelydon't score(methodology v0.5.1).

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Top holdings

1,835 total holdings· as of May 31, 2026
#HoldingWeight
1State Street Institutional US Government Money Market Fund2.69%
2State Street Institutional US Government Money Market Fund0.56%
31261229 BC LTD0.42%
4MERIDIAN ARC HOLDCO LLC0.36%
5ECHOSTAR CORP0.29%
6CLOUD SOFTWARE GRP INC0.27%
7QUIKRETE HOLDINGS INC0.24%
8SV RNO PROPERTY OWNER 10.23%
9CORE SCIENTIFIC FINANCE0.23%
10ASURION LLC/ASURION CO0.22%

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