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ETFs

Schwab Short-Term U.S. Treasury ETF

SCHO
$—
Today’s Change
— (—)

Snapshot
*

Inception Date
Aug 5, 2010
Expense Ratio
0.03%
Type
US Bonds
Fund Owner
Schwab
Volume (1m avg. daily)
$51,986,455
AUM
$12,400,968,450
Associated Index
Bloomberg US Treasury 1-3 Year Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

—
US TREASURY N/B 11/24 2.25
1.66%
—
US TREASURY N/B 11/25 2.25
1.59%
—
US TREASURY N/B 09/24 0.375
1.59%
—
US TREASURY N/B 08/26 0.75
1.56%
—
US TREASURY N/B 10/24 0.625
1.56%
—
US TREASURY N/B 02/26 0.5
1.55%
—
US TREASURY N/B 01/26 0.375
1.54%
—
US TREASURY N/B 08/25 2
1.52%
—
US TREASURY N/B 12/24 1
1.5%
—
US TREASURY N/B 11/24 0.75
1.49%
Invest with SCHO
Trade SCHO Options

What is SCHO?

The fund s goal is to track as closely as possible, before fees and expenses, the total return of an index that measures the performance of the short-term U.S. Treasury bond market.

1M
3M
6M
YTD
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3Y
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SCHO
Performance Measures**

for the time period Aug 5, 2010 to Dec 4, 2025

Returns

1M Trailing Return: 0.4%

The percent change in the value over the most recent 1-month period.

3M Trailing Return: 1.0%

The percent change in the value over the most recent 3-month period.

Measures of Risk or Volatility

Max Drawdown: -5.7%

The greatest percent loss from peak to trough in value over the time period.

Standard Deviation: 1.4%

The typical amount that daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

Measures of Risk-Adjusted Performance

Sharpe Ratio: 0.99

The annualized arithmetic mean of the daily returns divided by the annualized standard deviation of the daily returns for the selected time period.

Calmar Ratio: 0.24

The annualized return divided by the max drawdown for the selected time period.

ETFs related toSCHO

ETFs correlated to SCHO include VGSH, UTWO, TUA

SCHO
Schwab Strategic Trust - Schwab Short-Term U.S. Treasury ETF
VGSH
Vanguard Group, Inc. - Vanguard Short-Term Treasury ETF
UTWO
Rbb Fund Inc - US Treasury 2 Year Note ETF
TUA
Simplify Exchange Traded Funds - Simplify Short Term Treasury Futures Strategy ETF
SHY
BlackRock Institutional Trust Company N.A. - iShares 1-3 Year Treasury Bond ETF
SPTS
SSgA Active Trust - SPDR Portfolio Short Term Treasury ETF
IBTF
iShares Trust - iShares iBonds Dec 2025 Term Treasury ETF
IBTG
iShares Trust - iShares iBonds Dec 2026 Term Treasury ETF
BSV
Vanguard Group, Inc. - Vanguard Short-Term Bond ETF
IBTH
iShares Trust - iShares iBonds Dec 2027 Term Treasury ETF
IEI
BlackRock Institutional Trust Company N.A. - iShares 3-7 Year Treasury Bond ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Trading Strategies
Related toSCHO

V1|200D MA|DereckNielsen|EricS 3x Mod|7-1-2022

Category

Trend-following, mean reversion, momentum, leveraged ETFs, tech/Nasdaq, volatility hedge, tactical, daily rebalance

OOS Cumulative Return

384.13%

OG V.1.4|Dippy Qutie 🍒|Garen,Pietros,EricS|6/16/22

Category

Tactical allocation, Multi-horizon trend, Volatility/panic filter, Leveraged ETFs, Risk-on/off, US stocks, Commodities, Bonds, Gold

OOS Cumulative Return

155.2%

Create your own algorithmic trading strategy with SCHO using Composer

FAQ

SCHO is a US Bonds ETF. The fund s goal is to track as closely as possible, before fees and expenses, the total return of an index that measures the performance of the short-term U.S. Treasury bond market.

SCHO tracks the Bloomberg US Treasury 1-3 Year Index.

No, SCHO 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, SCHO 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 SCHO is 0.0013%. This is the percent change in the value of SCHO over the most recent 1-month period. The 3-month return on SCHO is 0.0027%. This is the percent change in the value of SCHO over the most recent 3-month period.

The standard deviation of SCHO for the past year is 0.0288%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to SCHO include BIL, SPTL, and TLT.

ETFs correlated to SCHO include VGSH, UTWO, and TUA.

ETFs that are inversely correlated to SCHO include PST, TBX, and DBMF.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.