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Schwab High Yield Bond ETF (SCYB)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

CUSIP

808524631

Issuer

Charles Schwab

Inception Date

Jul 10, 2023

Leveraged

1x

Index Tracked

ICE BofA US Cash Pay High Yield Constrained Index

Distribution Policy

Distributing

Asset Class

Bond

Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Popular comparisons:
SCYB vs. SPHY SCYB vs. SCMB SCYB vs. SCHD SCYB vs. FIBUX SCYB vs. SPY SCYB vs. HYG SCYB vs. FALN SCYB vs. SCHR SCYB vs. PFXF SCYB vs. SCHI
Popular comparisons:
SCYB vs. SPHY SCYB vs. SCMB SCYB vs. SCHD SCYB vs. FIBUX SCYB vs. SPY SCYB vs. HYG SCYB vs. FALN SCYB vs. SCHR SCYB vs. PFXF SCYB vs. SCHI

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Schwab High Yield Bond ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember
8.18%
12.53%
SCYB (Schwab High Yield Bond ETF)
Benchmark (^GSPC)

Returns By Period

Schwab High Yield Bond ETF had a return of 10.72% year-to-date (YTD) and 16.11% in the last 12 months.


SCYB

YTD

10.72%

1M

0.90%

6M

8.18%

1Y

16.11%

5Y (annualized)

N/A

10Y (annualized)

N/A

^GSPC (Benchmark)

YTD

25.15%

1M

2.97%

6M

12.53%

1Y

31.00%

5Y (annualized)

13.95%

10Y (annualized)

11.21%

Monthly Returns

The table below presents the monthly returns of SCYB, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20240.13%0.30%1.77%-1.23%1.48%0.64%2.73%2.32%1.54%-0.25%10.72%
20231.03%0.28%-1.52%-1.02%4.64%4.07%7.54%

Expense Ratio

SCYB has an expense ratio of 0.03%, which is considered low compared to other funds.


Expense ratio chart for SCYB: current value at 0.03% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.03%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current risk-adjusted rank of SCYB is 97, placing it in the top 3% of ETFs on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.


The Risk-Adjusted Performance Rank of SCYB is 9797
Combined Rank
The Sharpe Ratio Rank of SCYB is 9797
Sharpe Ratio Rank
The Sortino Ratio Rank of SCYB is 9797
Sortino Ratio Rank
The Omega Ratio Rank of SCYB is 9696
Omega Ratio Rank
The Calmar Ratio Rank of SCYB is 9797
Calmar Ratio Rank
The Martin Ratio Rank of SCYB is 9696
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Schwab High Yield Bond ETF (SCYB) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


Sharpe ratio
The chart of Sharpe ratio for SCYB, currently valued at 3.55, compared to the broader market0.002.004.003.552.53
The chart of Sortino ratio for SCYB, currently valued at 5.73, compared to the broader market-2.000.002.004.006.008.0010.0012.005.733.39
The chart of Omega ratio for SCYB, currently valued at 1.72, compared to the broader market0.501.001.502.002.503.001.721.47
The chart of Calmar ratio for SCYB, currently valued at 7.76, compared to the broader market0.005.0010.0015.0020.007.763.65
The chart of Martin ratio for SCYB, currently valued at 30.08, compared to the broader market0.0020.0040.0060.0080.00100.0030.0816.21
SCYB
^GSPC

The current Schwab High Yield Bond ETF Sharpe ratio is 3.55. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of Schwab High Yield Bond ETF with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.

Rolling 12-month Sharpe Ratio1.001.502.002.503.003.504.004.50Jul 14Jul 21Jul 28Aug 04Aug 11Aug 18Aug 25SeptemberSep 08Sep 15Sep 22Sep 29Oct 06Oct 13Oct 20Oct 27Nov 03Nov 10Nov 17
3.55
2.53
SCYB (Schwab High Yield Bond ETF)
Benchmark (^GSPC)

Dividends

Dividend History

Schwab High Yield Bond ETF provided a 10.92% dividend yield over the last twelve months, with an annual payout of $2.89 per share.


4.10%$0.00$0.20$0.40$0.60$0.80$1.002023
Dividends
Dividend Yield
PeriodTTM2023
Dividend$2.89$1.07

Dividend yield

10.92%4.10%

Monthly Dividends

The table displays the monthly dividend distributions for Schwab High Yield Bond ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.00$0.27$0.16$0.16$0.32$0.34$0.14$0.16$0.31$0.29$0.17$2.32
2023$0.18$0.17$0.15$0.57$1.07

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.


-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-0.41%
-0.53%
SCYB (Schwab High Yield Bond ETF)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the Schwab High Yield Bond 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 High Yield Bond ETF was 3.57%, occurring on Oct 19, 2023. Recovery took 11 trading sessions.

The current Schwab High Yield Bond ETF drawdown is 0.41%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-3.57%Jul 14, 202369Oct 19, 202311Nov 3, 202380
-2.08%Apr 1, 202412Apr 16, 202414May 6, 202426
-1.65%Dec 28, 20235Jan 4, 202419Feb 1, 202424
-1.04%Feb 2, 20248Feb 13, 202412Mar 1, 202420
-0.95%May 16, 20249May 29, 20244Jun 4, 202413

Volatility

Volatility Chart

The current Schwab High Yield Bond ETF volatility is 1.07%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


1.00%2.00%3.00%4.00%5.00%6.00%JuneJulyAugustSeptemberOctoberNovember
1.07%
3.97%
SCYB (Schwab High Yield Bond ETF)
Benchmark (^GSPC)