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Schwab Ultra-Short Income ETF (SCUS)
Performance
Return for Risk
Dividends
Drawdowns
Volatility

ETF Info

CUSIP
808524623
Inception Date
Aug 13, 2024
Region
North America (U.S.)
Leveraged
1x (No leverage)
Index Tracked
No Index (Active)
Domicile
United States
Distribution Policy
Distributing
Asset Class
Bond

Share Price Chart


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Schwab Ultra-Short Income ETF

Performance

SCUS Performance Chart

Schwab Ultra-Short Income ETF (SCUS) is up 0.9% since the beginning of the year. SCUS is currently trading at $25 per share.


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S&P 500 Index

Returns By Period

Schwab Ultra-Short Income ETF (SCUS) has returned 0.92% so far this year and 4.33% over the past 12 months.


Schwab Ultra-Short Income ETF

1D
0.01%
1M
0.31%
YTD
0.92%
6M
1.79%
1Y
4.33%
3Y*
5Y*
10Y*

Benchmark (S&P 500 Index)

1D
1.02%
1M
3.83%
YTD
0.60%
6M
3.48%
1Y
28.39%
3Y*
18.51%
5Y*
10.79%
10Y*
12.71%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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, 95% of months were positive and 5% 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%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20260.28%0.46%-0.01%0.19%0.92%
20250.32%0.36%0.37%0.39%0.28%0.43%0.40%0.45%0.42%0.32%0.33%0.35%4.51%
20240.34%0.60%0.25%0.35%0.51%2.06%

Benchmark Metrics

Schwab Ultra-Short Income ETF has an annualized alpha of 4.56%, beta of 0.00, and R² of 0.00 versus S&P 500 Index. Calculated based on daily prices since August 14, 2024.

  • This ETF captured 9.47% of S&P 500 Index gains and tended to rise during its downturns (downside capture of -17.54%) — 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
4.56%
Beta
0.00
0.00
Upside Capture
9.47%
Downside Capture
-17.54%

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 — in the top 99% of ETFs on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.


SCUS Risk / Return Rank: 9999
Overall Rank
SCUS Sharpe Ratio Rank: 9999
Sharpe Ratio Rank
SCUS Sortino Ratio Rank: 9999
Sortino Ratio Rank
SCUS Omega Ratio Rank: 9999
Omega Ratio Rank
SCUS Calmar Ratio Rank: 9999
Calmar Ratio Rank
SCUS Martin Ratio Rank: 9999
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Schwab Ultra-Short Income ETF (SCUS) and compare them to a chosen benchmark (S&P 500 Index).


SCUSBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

6.61

2.17

+4.44

Sortino ratio

Return per unit of downside risk

13.65

3.02

+10.63

Omega ratio

Gain probability vs. loss probability

2.97

1.41

+1.57

Calmar ratio

Return relative to maximum drawdown

26.22

2.88

+23.34

Martin ratio

Return relative to average drawdown

113.22

13.00

+100.22

Explore SCUS risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History

Schwab Ultra-Short Income ETF provided a 4.04% dividend yield over the last twelve months, with an annual payout of $1.02 per share.


2.00%2.50%3.00%3.50%4.00%$0.00$0.20$0.40$0.60$0.80$1.0020242025
Dividends
Dividend Yield
PeriodTTM20252024
Dividend$1.02$1.05$0.41

Dividend yield

4.04%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.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.09$0.08$0.08$0.24
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.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-0.17%Mar 2, 20269Mar 12, 202614Apr 1, 202623
-0.12%Jan 2, 20251Jan 2, 20251Jan 3, 20252
-0.12%Apr 11, 20251Apr 11, 20251Apr 14, 20252
-0.11%Aug 29, 20241Aug 29, 20242Sep 3, 20243
-0.1%Apr 7, 20251Apr 7, 20253Apr 10, 20254

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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