SGVT

Schwab Government Money Market ETF

$100.57

+0.00%

Market closed. Last update: 11:41 PM ET

📎 Investment Objective

The Schwab Government Money Market ETF (SGVT) seeks to provide current income while preserving capital and maintaining liquidity.

Overview

ETF tracking Schwab Government Money Market ETF

Category Innovation

Issuer Charles Schwab

Inception Date 2025-06-12

Market Cap $174.0M

Average Volume N/A

Dividend Yield 1.18%

52-Week Range $100.02 - $100.71

VWAP $100.56

Performance

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Investment Summary

📎 Investment Objective

The Schwab Government Money Market ETF (SGVT) seeks to provide current income while preserving capital and maintaining liquidity.

🎯 Investment Strategy

The ETF invests primarily in high-quality, short-term government securities, including U.S. Treasury bills and bonds, as well as repurchase agreements collateralized by government securities. The fund aims to maintain a stable net asset value (NAV) of $1 per share.

✨ Key Features

Invests in short-term government securities for stability and liquidity
Seeks to maintain a stable $1 NAV to preserve capital
Designed as a low-risk, cash management investment option
Expense ratio of 0.00% for cost-effective exposure

⚠️ Primary Risks

Interest rate risk: The value of the fund's investments may decline if interest rates rise
Credit risk: The issuer of a security held by the fund may default on its obligations
Liquidity risk: The fund may have difficulty selling its investments during times of market stress
Concentration risk: The fund's investments are concentrated in government securities

👤 Best For

The Schwab Government Money Market ETF is best suited for investors seeking a low-risk, liquid investment option to preserve capital and generate current income, such as those looking to hold cash reserves or park short-term funds.