(SCYB) Schwab High Yield Bond - Overview
ETF Category: High Yield Bond | Exchange: NYSE (USA) | Market Cap: 2.533m USD | Total Return: 6.9% in 12m
Avg Turnover: 26.1M
Warnings
No concerns identified
Tailwinds
No distinct edge detected
The Schwab High Yield Bond ETF (SCYB) tracks the performance of U.S. dollar-denominated corporate debt rated below investment grade, commonly referred to as junk bonds. The fund maintains a policy of investing at least 80% of its net assets in these securities, focusing on debt publicly issued in the U.S. domestic market that is currently in a coupon-paying period.
High-yield bonds typically offer higher interest rates than investment-grade debt to compensate investors for the increased risk of issuer default. This sector’s business model relies on the spread between these higher yields and risk-free rates, often performing well during periods of economic expansion when corporate credit profiles stabilize.
Investors should examine ValueRay for deeper insights into the underlying credit quality of this portfolio. Launched in mid-2023, SCYB provides a low-cost entry point into the high-yield space for investors seeking income through diversified corporate debt exposure.
- Federal Reserve interest rate policy dictates high yield bond valuations
- Credit spread volatility impacts net asset value performance
- Corporate default rates influence underlying bond recovery values
- Low expense ratio attracts inflows versus higher-cost competitors
As of June 07, 2026, the stock is trading at USD 26.02 with a total of 1,574,167 shares traded.
Over the past week, the price has changed by -0.54%,
over one month by +0.03%,
over three months by +0.95% and
over the past year by +6.85%.
Schwab High Yield Bond has no consensus analysts rating.