SCHJ

Schwab 1-5 Year Corporate Bond ETF

$24.84

+0.00%

Market closed. Last update: 10:56 PM ET

📎 Investment Objective

The Schwab 1-5 Year Corporate Bond ETF seeks to track the performance of the Bloomberg 1-5 Year Corporate Bond Index, which measures the investment-grade, fixed-rate, taxable corporate bond market with maturities between 1 and 5 years.

Overview

ETF tracking Schwab 1-5 Year Corporate Bond ETF

Category Fixed Income

Issuer Charles Schwab

Inception Date 2019-10-10

Market Cap $596.3M

Average Volume N/A

Dividend Yield 3.73%

52-Week Range $24.29 - $25.02

VWAP $24.86

Performance

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Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The ETF invests in a representative sample of the index's constituent securities to closely match the overall characteristics of the benchmark. It aims to provide exposure to the short-term corporate bond market while limiting interest rate risk.

✨ Key Features

Focuses on investment-grade corporate bonds with maturities between 1 and 5 years
Seeks to provide a moderate level of current income with lower volatility than longer-term bond funds
Employs a passively managed, index-tracking approach to minimize costs
Diversified portfolio across various sectors and issuers

⚠️ Primary Risks

Interest rate risk: The fund's value may decline as interest rates rise
Credit risk: The risk of default or downgrade by the bond issuers
Liquidity risk: Potential difficulty in selling holdings during times of market stress
Tracking error risk: The fund may not perfectly track its underlying index

👤 Best For

The Schwab 1-5 Year Corporate Bond ETF may be suitable for investors seeking a low-cost, diversified exposure to the short-term corporate bond market as part of a balanced fixed-income allocation. It may be particularly appealing to those with a moderate risk tolerance and a time horizon of 3-5 years.