SGVT Fees and Costs — Schwab Government Money Market ETF
Data updated: 2026-04-28
The net expense ratio is 0.28%. There are no sales loads or redemption fees.
SGVT Fees and Expenses
Annual operating expenses and sales charges of SGVT. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.28% |
| 12b-1 fee | — |
| Other expenses | 0.00% |
| Gross expense ratio | 0.28% |
| Fee waiver | — |
| Net expense ratio | 0.28% |
| 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 |
SGVT Costs Over Time
On $10,000 invested in SGVT, assuming 5% a year before costs, total costs come to $178 over 5 years, cutting the return by 0.29% 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 0.28%) | $29 | $92 | $162 |
| Lost growth on money paid in costs | $0 | $5 | $16 |
| Total costs | $29 | $97 | $178 |
| Value after costs | $10,471 | $11,479 | $12,585 |
| Impact on return, per year | 0.29% | 0.29% | 0.29% |
SGVT 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): $11.7B
- Portfolio turnover (prospectus): —
- Securities lending: none during the year
SGVT Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Fixed Income Clearing Corporation | $2.8B | 23.80% |
| Wells Fargo Securities, LLC | $2.4B | 20.85% |
| BofA Securities, Inc. | $1.5B | 13.25% |
| Citigroup Global Markets Inc. | $1.4B | 11.93% |
| Barclays Capital Inc. | $1.3B | 11.46% |
| Goldman Sachs & Co. LLC | $843.0M | 7.25% |
| BNP Paribas Securities Corp. | $585.0M | 5.03% |
| SMBC Nikko Securities America, Inc. | $480.7M | 4.13% |
| Credit Agricole Securities (USA) Inc. | $143.9M | 1.24% |
| Academy Securities, Inc. | $122.6M | 1.05% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.