SCHO ETF — Schwab Short-Term U.S. Treasury ETF

Schwab Short-Term U.S. Treasury ETF (SCHO)

SCHO is a low-cost ETF that tracks the Bloomberg US Treasury 1-3 Year Index. As of August 19, 2026, its distribution rate is 4.04%, its trailing-12-month yield is 3.87%, its expense ratio is 0.03%. Dividend Vision Distribution Safety Score™ is 76/100 (Generally safe). Fund total return is 24.1% over the past 16 years, 782.8 points behind SPY at 806.9%.

At the current 4.04% distribution rate, a $10,000 investment would generate approximately $404 per year, or $33.67 per month on an equivalent basis.

Schwab Short-Term U.S. Treasury ETF is a fund tracking the Bloomberg US Treasury 1-3 Year Index, holding U.S. Treasury securities with maturities between one and three years. The fund carries a current distribution rate in the low-to-mid single digits, paid monthly, and charges a very low expense ratio of 0.03%. It appeals to conservative income investors seeking stable, predictable income with minimal credit risk and low costs.

SCHO performance versus SPY

Data as of August 19, 2026.

Fund total return is 24.1% over the past 16 years, 782.8 points behind SPY at 806.9%. Its deepest 1-year drawdown was 0.9%.

SCHO key facts

Data as of August 19, 2026.

Distribution Safety Score™

76 · Generally safe

Safety-Adjusted Yield

3.07%

Issuer

Schwab

Asset type

ETF

Asset class

Fixed Income

Inception date

08/05/2010

Expense ratio

0.03%

Distribution rate

4.04%

Distribution frequency

Monthly

Trailing yield

3.87%

Last close

$24.11

AUM

$12,970,721,514

Average volume

2506944.0

Last dividend

$0.0812

Ex-dividend date

08/03/2026

Payment date

08/07/2026

Beta

0.22

How Dividend Vision calculates yield and returns

Distribution rate (4.04%) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (3.87%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. We show a 30-day SEC yield when the fund publishes one. Schwab and other issuers may report a TTM distribution yield or SEC yield on a different date — all can be valid; they are not interchangeable. Fund total return uses split-adjusted close with distributions reinvested from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is what the fund did, not your personal gain/loss. Figures below use Dividend Vision data as of August 19, 2026.

Distribution rate methodology · Distribution Safety Score methodology · SEC yield

Sources and review

Data as of August 19, 2026.

Primary sources: Schwab fund page; Index: Bloomberg US Treasury 1-3 Year Index; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

SCHO risks and drawbacks

Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 0.9%.

Who may consider SCHO — and who may not

SCHO may suit someone looking for low-cost broad dividend exposure, moderate current income with a quality tilt. It is a weaker fit for investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

Compare SCHO

SCHO vs similar funds:

• SCHO vs SGOV

Frequently asked questions

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