Schwab Ultra-Short Income ETF (SCUS)
ARCA ARCA Primary 
SCUS: Perfectly Sensible, Useful, Just Not Quite Perfect
SCUS is a well-constructed, low-risk ultra-short bond ETF ideal for liquidity and portfolio balance, but not the absolute best in its category. The fund offers a solid 4.2% yield, with minimal interest rate risk and moderate credit risk, making it a sensible cash alternative. While SCUS is perfectly reasonable, alternatives like USFR, SHYM, or TBLL offer slightly better risk-adjusted returns, or tax advantages for similar roles.
Schwab Ultra-Short Income ETF Late To The Game
Charles Schwab launches Ultra-Short Income ETF, competing in a crowded market with over $350 billion in assets. The ETF invests in short-term, investment-grade debt securities. SCUS invests in short-term, investment-grade debt securities, with potential for lower yields if the FOMC is expected to cut the federal funds rate. Given where interest should be heading over the near term, the ETF easily qualifies as a Sell rated ETF. Current owners who bought for the safety factors can hold.
