Schwab Short-Term U.S. Treasury ETF
Find Ratings Reports- Last Ratings Update:02/29/2024
- Price as of 02/29/2024 :$48.24
- Net Assets:$0 Million
- NAV:$48.14
- Premium0.21%
- Peer Rank:16 of 62
- Investment Rating:C
- Performance:D+
- RiskB+
We rate Schwab Short Term US Treas ETF at C. Positive factors that influence this rating include a low expense structure and long term portfolio management tenure. The fund invests approximately 99% of its assets in bonds and may be considered for investors seeking a Government Bond strategy.
Total return ranks below peers over the last three years. The Schwab Short Term US Treas ETF has returned an annual rate of 0.77% since inception. More recently, the fund has generated a total return of 1.04% in the last five years, -0.06% in the last three years, and 4.52% in the last year. How does that compare to other equity funds? In the last five years, it has outperformed 19% of them. It has also outpaced 35% of its competitors on a three year basis and 26% of them over the last year for the period ending 2/29/2024. On a year to date basis, SCHO has returned 0.10%.
Downside risk has been below average. SCHO has a draw down risk of -6.70%, which is the largest price decline experienced over the last three years. This fund has a three year standard deviation of 2.2%. This fund has had very little volatility in its monthly performance over the last 36 months.
Low expense ratio helps performance. As SCHO is an exchange traded fund, it has no front end or back end load.
The Schwab Short Term US Treas ETF is managed by Matthew Hastings at Charles Schwab Investment Managemen. This fund is one of 26 Charles Schwab Investment Managemen exchange-traded funds launched since 10/30/2009 that we track.