ATLASSchwab Short-Term U.S. Treasury ETF (SCHO): outlook, holdings and fees
Schwab Short-Term U.S. Treasury ETF (SCHO) is an exchange-traded fund and is managed by Schwab ETFs. The expense ratio is 0.02% and the yield is 3.83%. The ten largest holdings are 11% of the fund.
Fund data as of Oct 14, 2026 · Price Nov 2, 2026
ATLAS view on SCHO
| Last price | $23.94 (-0.4%) |
|---|---|
| ATLAS chance of a higher price in 1 month | 58% |
| Likely 1-month range (50%) | $23.62 – $24.51 |
| Normal 1-day range (±1σ) | ±0.6% |
| Distribution yield | 3.83% |
ATLAS probabilities use the same calibrated model as every stock page. A fair value is shown for companies, not funds; the holdings below link to the fair value of each company.
SCHO fund facts
| Issuer | Schwab ETFs |
|---|---|
| Theme | Treasuries |
| Assets under management | $15.4B |
| Expense ratio | 0.02% |
| Number of holdings | 6 |
| Portfolio turnover | 83% |
| Inception | Aug 5, 2010 |
| Exchange | NYSE |
The fund will invest at least 90% of its net assets (including, for this purpose, any borrowings for investment purposes) in securities included in the index. The index includes all publicly-issued U.S. Treasury securities that have a remaining maturity of greater than or equal to one year and less than three years, are rated investment grade, and have $300 million or more of outstanding face value. The securities in the index must be denominated in U.S. dollars and must be fixed-rate and non-convertible.
SCHO top holdings
| Holding | Sector | Weight |
|---|---|---|
| United States Treasury Notes 1.5% | – | 2.14% |
| United States Treasury Notes 2.5% | – | 2.11% |
| United States Treasury Notes 0.12% | – | 1.79% |
| United States Treasury Notes 0.25% | – | 1.79% |
| United States Treasury Notes 0.38% | – | 1.79% |
| United States Treasury Notes 2.12% | – | 1.74% |
Holdings with an ATLAS page link to their probability range, fair value and earnings calendar.
SCHO returns and risk
| Year to date | +0.7% |
|---|---|
| 1 year | +1.8% |
| 3 years (annualised) | +3.9% |
| 5 years (annualised) | +1.9% |
| 10 years (annualised) | +1.7% |
| Volatility (3 years) | 1.6% |
| Sharpe ratio (3 years) | -0.34 |
Past returns do not guarantee future results.
SCHO: frequently asked questions
What does SCHO invest in?
Schwab Short-Term U.S. Treasury ETF invests in a portfolio of securities. Its largest holdings are United States Treasury Notes 1.5% (2.1%), United States Treasury Notes 2.5% (2.1%), United States Treasury Notes 0.12% (1.8%), United States Treasury Notes 0.25% (1.8%), United States Treasury Notes 0.38% (1.8%).
What is the SCHO expense ratio?
0.02% a year: about $2.00 for every $10,000 invested.
What is the SCHO dividend yield?
3.83%. ATLAS does not hold the exact distribution dates for ETFs.
Will SCHO go up?
Nobody can know. The ATLAS model puts the chance of a higher price in one month at 58%, with a likely range (50%) of $23.62 to $24.51 from $23.94 today. It is a probability, not a prediction.
How has SCHO performed?
Year to date +0.7%, one year +1.8%, three years +3.9% a year, five years +1.9% a year. Past returns do not guarantee future results.
Similar ETFs: Treasuries
- iShares U.S. Treasury Bond ETF (GOVT)
- iShares 7-10 Year Treasury Bond ETF (IEF)
- iShares 3-7 Year Treasury Bond ETF (IEI)
- Schwab Intermediate-Term U.S. Treasury ETF (SCHR)
- iShares 10-20 Year Treasury Bond ETF (TLH)
- SPDR Portfolio Long Term Treasury ETF (SPTL)
- State Street SPDR Portfolio Intermediate Term Treasury ETF (SPTI)
- Goldman Sachs Access Treasury 0-1 Year ETF (GBIL)
Educational information, not investment advice. Disclaimer