- CUSIP
- 808524623
- Issuer
- Charles Schwab
- Inception Date
- Aug 13, 2024
- Region
- North America (U.S.)
- Category
- Ultrashort Bond
- Leveraged
- 1x (No leverage)
- Index Tracked
- No Index (Active)
- Domicile
- United States
- Distribution Policy
- Distributing
- Asset Class
- Bond
- Assets Under Management
- $242M
Highlights
- Avg. Volume (1M)
- 99K
- Avg. Volume Value (1M)
- $2.50M
Share Price Chart
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Performance
SCUS Performance Chart
Schwab Ultra-Short Income ETF (SCUS) is up 2.0% since the beginning of the year. SCUS is currently trading at $25 per share.
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Returns By Period
Schwab Ultra-Short Income ETF (SCUS) has returned 2.02% so far this year and 3.86% over the past 12 months.
Schwab Ultra-Short Income ETF
- 1D
- 0.06%
- 1M
- 0.36%
- 6M
- 1.74%
- YTD
- 2.02%
- 1Y
- 3.86%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 4.37%
Benchmark (S&P 500 Index)
- 1D
- 0.70%
- 1M
- 0.09%
- 6M
- 7.94%
- YTD
- 9.41%
- 1Y
- 20.07%
- 3Y*
- 17.84%
- 5Y*
- 11.25%
- 10Y*
- 13.26%
- ALL TIME*
- 8.09%
SCUS Monthly Returns History
Based on dividend-adjusted daily data since Aug 13, 2024, SCUS's average daily return is +0.02%, while the average monthly return is +0.35%. At this rate, an investment would double in approximately 16.5 years.
Historically, 96% of months were positive and 4% were negative. The best month was Sep 2024 with a return of +0.6%, while the worst month was Mar 2026 at -0.0%. The longest winning streak lasted 19 consecutive months, and the longest losing streak was 1 months.
On a daily basis, SCUS closed higher 56% of trading days. The best single day was Aug 14, 2024 with a return of +0.2%, while the worst single day was Jan 2, 2025 at -0.1%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.28% | 0.46% | -0.01% | 0.35% | 0.29% | 0.22% | 0.42% | 2.02% | |||||
| 2025 | 0.32% | 0.36% | 0.37% | 0.39% | 0.28% | 0.43% | 0.40% | 0.45% | 0.42% | 0.32% | 0.33% | 0.35% | 4.51% |
| 2024 | 0.28% | 0.60% | 0.25% | 0.35% | 0.51% | 2.00% |
Benchmark Metrics
Schwab Ultra-Short Income ETF has an annualized alpha of 4.37%, beta of 0.00, and R2 of 0.00 versus S&P 500 Index. Calculated based on daily prices since August 13, 2024.
- This ETF captured 7.77% of S&P 500 Index gains and tended to rise during its downturns (downside capture of -19.96%) - a profile typical of hedging or uncorrelated assets.
- Beta of 0.00 may look defensive, but with R2 of 0.00 this ETF is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
- R2 of 0.00 means this ETF moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- 4.37%
- Beta
- 0.00
- R²
- 0.00
- Upside Capture
- 7.77%
- Downside Capture
- -19.96%
Expense Ratio
SCUS has an expense ratio of 0.14%, which is considered low.
Return for Risk
Risk / Return Rank
SCUS ranks 99 for risk / return — above 99% of ETFs peers on PortfoliosLab. Its historical combined result is among the stronger results in the peer group.
Risk / Return Metrics
The table below present risk-adjusted performance metrics for Schwab Ultra-Short Income ETF (SCUS) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| SCUS | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +4.34 | ||
| Sortino ratioReturn per unit of downside risk | +8.90 | ||
| Omega ratioGain probability vs. loss probability | 2.53 | 1.25 | +1.27 |
| Calmar ratioReturn relative to maximum drawdown | 23.81 | 2.00 | +21.81 |
| Martin ratioReturn relative to average drawdown | 100.29 | 8.49 | +91.79 |
Dividends
Dividend History
Schwab Ultra-Short Income ETF provided a 3.51% dividend yield over the last twelve months, with an annual payout of $0.88 per share.
| Period | TTM | 2025 | 2024 |
|---|---|---|---|
| Dividend | $0.88 | $1.05 | $0.41 |
Dividend yield | 3.51% | 4.17% | 1.62% |
Monthly Dividends
The table displays the monthly dividend distributions for Schwab Ultra-Short Income ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.09 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.48 | |||||
| 2025 | $0.00 | $0.11 | $0.08 | $0.08 | $0.09 | $0.11 | $0.08 | $0.10 | $0.08 | $0.09 | $0.08 | $0.16 | $1.05 |
| 2024 | $0.13 | $0.10 | $0.17 | $0.41 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Schwab Ultra-Short Income ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Schwab Ultra-Short Income ETF was 0.17%, occurring on Mar 12, 2026. Recovery took 14 trading sessions.
Drawdown | Fall | Recovery | Underwater | Related event |
|---|---|---|---|---|
-0.17%Mar 2026 | 10d | 20d | 1moMar 2026 - Apr 2026 | — |
-0.12%Jan 2025 | 1d | 1d | 1dJan 2025 - Jan 2025 | — |
-0.12%Apr 2025 | 1d | 3d | 3dApr 2025 - Apr 2025 | 2025 selloff2025 |
-0.11%Aug 2024 | 1d | 5d | 5dAug 2024 - Sep 2024 | — |
-0.10%Apr 2025 | 1d | 3d | 3dApr 2025 - Apr 2025 | 2025 selloff2025 |
Drawdown Indicators
| SCUS | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -0.17% | -56.78% | +56.61% |
Max Drawdown (1Y)Largest decline over 1 year | -0.17% | -9.10% | +8.93% |
Max Drawdown (3Y)Largest decline over 3 years | — | -18.90% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.43% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | 0.00% | -1.58% | +1.58% |
Average DrawdownAverage peak-to-trough decline | -0.02% | -10.70% | +10.68% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.04% | 2.14% | -2.10% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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