(SCYB) Schwab Strategic Trust - Overview
ETF Category: High Yield Bond | Exchange: NYSE ARCA (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, below-investment-grade corporate debt, commonly referred to as high-yield or junk bonds. The fund maintains a policy of investing at least 80% of its net assets in these securities, focusing on publicly issued bonds currently in their coupon-paying periods.
The high-yield bond sector consists of debt issued by companies with lower credit ratings, typically rated BB+ or lower by S&P and Ba1 or lower by Moody’s. This business model involves accepting higher default risk in exchange for higher yields compared to investment-grade corporate or government debt. Investors often utilize this asset class to increase income potential and reduce duration risk, as high-yield bonds often have shorter maturities than investment-grade counterparts. Examining the underlying credit quality of these holdings on ValueRay can help clarify the risk profile. These instruments are frequently issued by companies in capital-intensive sectors or those undergoing corporate restructuring.
- Federal Reserve interest rate decisions impact bond valuations and yield spreads
- Corporate default rates influence underlying net asset value performance
- High-yield credit spread compression drives capital appreciation for junk bonds
- Investor appetite for risk-on assets determines fund inflow and outflow volume
- Economic growth stability supports debt servicing capacity of sub-investment grade issuers
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 Strategic Trust has no consensus analysts rating.