SCUS

Schwab Ultra-Short Income ETF

$25.21
+0.00%
Market closed. Last update: 10:50 PM ET

📎 Investment Objective

The Schwab Ultra-Short Income ETF (SCUS) seeks to provide current income while maintaining a short duration and low volatility.

Overview

ETF tracking Schwab Ultra-Short Income ETF

Category Value
Issuer Charles Schwab
Inception Date 2024-08-13
Market Cap $121.0M
Average Volume N/A
Dividend Yield 3.53%
52-Week Range $25.07 - $25.26
VWAP $25.20

Performance

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Investment Summary

📎 Investment Objective

The Schwab Ultra-Short Income ETF (SCUS) seeks to provide current income while maintaining a short duration and low volatility.

🎯 Investment Strategy

The fund invests in a diversified portfolio of high-quality, short-term fixed income securities, including U.S. government bonds, corporate bonds, and other debt instruments. The fund aims to maintain a weighted average maturity of less than one year to limit interest rate risk.

✨ Key Features

  • Focuses on ultra-short duration fixed income securities to generate current income
  • Seeks to maintain a low-risk profile with minimal volatility
  • Diversified portfolio of high-quality, short-term debt instruments
  • Expense ratio of 0.00%

⚠️ Primary Risks

  • Interest rate risk: The fund's value may decline if interest rates rise
  • Credit risk: The fund is exposed to the risk of default by the issuers of the debt securities it holds
  • Liquidity risk: The fund may have difficulty selling certain securities at an advantageous time and price
  • Reinvestment risk: The fund may be unable to reinvest proceeds from maturing securities at a yield equal to or higher than the current yield

👤 Best For

The Schwab Ultra-Short Income ETF may be suitable for investors seeking a low-risk, low-volatility investment that can provide current income, while preserving capital. It may be particularly appealing to those with a short-term investment horizon or as a cash management tool within a diversified portfolio.