Schwab High Yield Bond ETF (SCYB)
ARCA ARCA Primary Summary
SCYB Chart
SCYB My Choice Among High Yield ETFs
The Schwab High Yield Bond ETF has a 7%+ yield with the lowest expense ratio (0.03%) in the high-yield ETF space. SCYB's diversified portfolio of 1,837 holdings limits single-bond risk, but its cyclical sector exposure heightens vulnerability in recessions. With 76.5% of the portfolio refinancing by 2027-2031, SCYB is sensitive to rate and credit spread changes, though current risks appear contained.
SCYB: Trouble Not Yet Boiling Over In High Yield
Schwab High Yield Bond ETF receives a hold rating due to rising macro risks and lackluster risk-reward in current high-yield credit conditions. SCYB offers a 6.7% yield, with a low 2.9-year duration and 58% BB-rated exposure, but faces seasonal headwinds and technical resistance near $27. Despite recent spread widening to 300 bps, SCYB's risk characteristics remain solid, with strong liquidity and a diversified portfolio mitigating sector-specific shocks.
SCYB: Cheapest High-Yield Bond ETF, But Not A Buy Right Now (Rating Downgrade)
Schwab High Yield Bond ETF is the cheapest high-yield bond ETF in the market, with a 0.03% expense ratio. It yields 7.0% and has outperformed most other types of bonds since inception. It is a fantastic fund, but high-yield bonds are looking expensive right now.
Schwab High Yield Bond ETF Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 144,321 | $3.79M | $3.77M | -$23,681.42 | -0.62% |
 Jeff Ameen Spire Wealth Management | 13,966 | $371,355.78 | $363,953.96 | -$7,401.82 | -1.99% |
 Jeffery Yorg Focus Partners Advisor Solutions LLC | 66,102 | $1.73M | $1.73M | -$9,204.93 | -0.53% |
| AWM Accurate Wealth Management LLC Accurate Wealth Management LLC | 27,051 | $708,465.69 | $704,949.06 | -$3,516.63 | -0.5% |
 Bobby Adusumilli SJS Investment Consulting Inc. | 383 | $10,085.26 | $9,998.21 | -$87.05 | -0.86% |
Schwab High Yield Bond ETF (SCYB) FAQ
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Schwab High Yield Bond ETF Profile
| ARCA Exchange | US Country |
Overview
This company is primarily involved in the financial sector, focusing on investment in U.S. dollar denominated below investment grade corporate debt, commonly referred to as junk bonds. These are bonds that have a higher risk of default than investment-grade bonds but offer higher yields to compensate for this increased risk. The company's strategy revolves around tracking the performance of these bonds, specifically targeting those that are currently in a coupon paying period and publicly issued in the U.S. domestic market. A distinguishing policy of the fund is its commitment to invest at least 80% of its net assets in these below investment grade bonds, ensuring a focused investment approach within this specific asset class.
Products and Services
The company provides an array of products and services tailored to investors looking to navigate the high-yield bond market. These offerings include:
- U.S. Dollar Denominated Below Investment Grade Corporate Debt - The core of the company’s portfolio, this product focuses on corporate bonds that are rated below investment grade. Despite their higher risk of default compared to investment-grade bonds, these securities are selected based on their potential to offer higher returns during their coupon paying period.
- Publicly Issued U.S. Domestic Bonds - Specializing in bonds that are publically issued within the U.S. market, providing investors with accessibility and liquidity. This service ensures that investments are made in bonds that have a transparent performance history and are regulated by U.S. law, offering a semblance of security in the inherently risky junk bond market.
