Schwab High Yield Bond ETF

SCYB is a Global Bonds ETF. The investment seeks as closely as possible, before fees and expenses, the total return of the ICE BofA US Cash Pay High Yield Constrained Index that measures the performance of U.S. dollar denominated below investment grade corporate debt. The index tracks the performance of U.S. dollar denominated below investment grade corporate debt (junk bonds), currently in a coupon paying period, that is publicly issued in the U.S. domestic market. In addition, qualifying securities must have risk exposure to countries that are members of the FX-G10, Western Europe or territories of the U.S. and Western Europe. The FX-G10 includes all Euro members, the U.S., Japan, the United Kingdom, Canada, Australia, New Zealand, Switzerland, Norway and Sweden It is the fund's policy that under normal circumstances it will invest at least 80% of its net assets in below investment grade bonds.

SCYB tracks the ICE BofA US Cash Pay High Yield Constrained Index.

No, SCYB is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, SCYB is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on SCYB is 0.0003%. This is the percent change in the value of SCYB over the most recent 1-month period. The 3-month return on SCYB is %. This is the percent change in the value of SCYB over the most recent 3-month period.

ETFs similar to SCYB include IGSB, VCIT, and VCSH.

ETFs correlated to SCYB include UJB, HYDW, and HYDB.

ETFs that are inversely correlated to SCYB include SJB, PST, and TBX.