SCHO Performance — Schwab Short-Term U.S. Treasury ETF
Data updated: 2026-08-25
SCHO returned +0.64% year to date and +2.88% over one year to Jun 2026. Annualised returns are +4.35% over 3 years and +1.88% over 5 years. Against its Short-Term Government Bond category average the fund came out behind over three years but ahead over one: $100 invested three years ago grew to $114, against $115 for the category, and to $103 over one year, against $103. Volatility over the past three years was 1.52% a year. In the 12 months to Jun 2026 the fund took in a net $1.6B, and assets reached $12.95B.
SCHO Growth of $100
What $100 invested in Schwab Short-Term U.S. Treasury ETF grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Short-Term Government Bond category average over the same months.
| Period | SCHO | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $103 | $103 |
| 3 years (Jul 2023 – Jun 2026) | $114 | $115 |
| 5 years (Jul 2021 – Jun 2026) | $110 | $111 |
| Since data start (Jul 2019 – Jun 2026) | $114 | $118 |
SCHO Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +0.64% |
| 1 year | +2.88% |
| 3 years (annualised) | +4.35% |
| 5 years (annualised) | +1.88% |
SCHO Annual Returns
Calendar-year total returns of Schwab Short-Term U.S. Treasury ETF, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +0.64% |
| 2025 | +5.14% |
| 2024 | +4.00% |
| 2023 | +4.27% |
| 2022 | −3.85% |
| 2021 | −0.65% |
| 2020 | +3.11% |
| 2019 (Jul–Dec) | +1.06% |
SCHO Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +0.2% | +0.5% | −0.4% | +0.2% | +0.1% | 0.0% | — | — | — | — | — | — |
| 2025 | +0.5% | +0.7% | +0.5% | +0.8% | −0.2% | +0.6% | −0.1% | +0.9% | +0.3% | +0.4% | +0.4% | +0.3% |
| 2024 | +0.4% | −0.4% | +0.3% | −0.3% | +0.7% | +0.6% | +1.2% | +0.9% | +0.8% | −0.6% | +0.3% | +0.2% |
| 2023 | +0.8% | −0.8% | +1.6% | +0.3% | −0.3% | −0.5% | +0.4% | +0.4% | 0.0% | +0.3% | +1.0% | +1.1% |
| 2022 | −0.7% | −0.4% | −1.4% | −0.5% | +0.6% | −0.6% | +0.4% | −0.8% | −1.2% | −0.1% | +0.7% | +0.1% |
| 2021 | 0.0% | −0.1% | 0.0% | +0.1% | +0.1% | −0.2% | +0.2% | 0.0% | −0.1% | −0.3% | −0.1% | −0.2% |
| 2020 | +0.5% | +0.9% | +1.4% | +0.1% | +0.1% | 0.0% | +0.1% | 0.0% | 0.0% | −0.1% | 0.0% | 0.0% |
| 2019 | — | — | — | — | — | — | −0.1% | +0.8% | −0.1% | +0.3% | 0.0% | +0.2% |
SCHO Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 1.52%
- 3-year Sharpe ratio: -0.10 (vs 4.5% risk-free rate)
- Best month: +1.17% (Jul 2024)
- Worst month: −0.62% (Oct 2024)
SCHO Fund Flows
Monthly money in and out of Schwab Short-Term U.S. Treasury ETF, from SEC Form N-PORT.
- 12-month net flow: $1.6B
- 12-month gross sales (incl. reinvestments): $8.6B
- Sales ÷ redemptions: 1.23×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $487.8M | $739.2M | −$251.4M |
| May 2026 | $1.1B | $339.4M | $774.4M |
| Apr 2026 | $596.6M | $548.4M | $48.1M |
| Mar 2026 | $763.9M | $569.7M | $194.2M |
| Feb 2026 | $705.3M | $502.8M | $202.5M |
| Jan 2026 | $685.0M | $955.1M | −$270.1M |
| Dec 2025 | $679.7M | $652.3M | $27.5M |
| Nov 2025 | $891.1M | $488.1M | $403.0M |
| Oct 2025 | $627.1M | $471.0M | $156.1M |
| Sep 2025 | $709.5M | $637.0M | $72.5M |
| Aug 2025 | $782.5M | $478.5M | $304.0M |
| Jul 2025 | $573.5M | $630.6M | −$57.1M |
SCHO Assets Under Management
Net assets of Schwab Short-Term U.S. Treasury ETF by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $12.95B |
| 2026-03-31 | $12.45B |
| 2025-12-31 | $12.37B |
| 2025-09-30 | $11.80B |
| 2025-06-30 | $11.47B |
| 2025-03-31 | $10.95B |
| 2024-12-31 | $11.23B |
| 2024-09-30 | $11.57B |
| 2024-06-30 | $10.54B |
| 2024-03-31 | $10.59B |
| 2023-12-31 | $11.89B |
| 2023-09-30 | $12.43B |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.