SCHZ Fees and Costs — Schwab U.S. Aggregate Bond ETF
Data updated: 2026-08-25
The net expense ratio is 0.03%. There are no sales loads or redemption fees. Portfolio turnover was 446%.
SCHZ Fees and Expenses
Annual operating expenses and sales charges of SCHZ. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.03% |
| 12b-1 fee | — |
| Other expenses | 0.00% |
| Gross expense ratio | 0.03% |
| Fee waiver | — |
| Net expense ratio | 0.03% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
SCHZ Costs Over Time
On $10,000 invested in SCHZ, assuming 5% a year before costs, total costs come to $19 over 5 years, cutting the return by 0.03% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.03%) | $3 | $10 | $17 |
| Lost growth on money paid in costs | $0 | $0 | $2 |
| Total costs | $3 | $10 | $19 |
| Value after costs | $10,497 | $11,566 | $12,744 |
| Impact on return, per year | 0.03% | 0.03% | 0.03% |
SCHZ Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $8.2B
- Portfolio turnover (prospectus): 446%
- Securities on loan, average value: $7.1M
- Net income from securities lending: $93K (0.001% of average net assets)
SCHZ Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Flow Traders U.S. Institutional Trading LLC | $2.0B | 25.12% |
| J.P. Morgan Securities LLC | $1.5B | 19.42% |
| Wells Fargo Securities, LLC | $1.4B | 17.09% |
| Morgan Stanley & Co. LLC | $1.3B | 15.99% |
| Jane Street Execution Services, LLC | $713.4M | 9.03% |
| Nomura Securities International, Inc. | $507.1M | 6.42% |
| Goldman Sachs & Co. LLC | $250.5M | 3.17% |
| Citigroup Global Markets Inc. | $170.4M | 2.16% |
| BMO Capital Markets Corp. | $78.8M | 1.00% |
| Barclays Capital Inc. | $48.7M | 0.62% |
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.