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Schwab High Yield Bond ETF declares monthly distribution of $0.1537
Seeking Alpha News (Wed, 1-Apr 1:01 PM ET)
The investment seeks as closely as possible, before fees and expenses, the total return of the ICE BofA US Cash Pay High Yield Constrained Index that measures the performance of U.S. dollar denominated below investment grade corporate debt. The index tracks the performance of U.S. dollar denominated below investment grade corporate debt (junk bonds), currently in a coupon paying period, that is publicly issued in the U.S. domestic market. In addition, qualifying securities must have risk exposure to countries that are members of the FX-G10, Western Europe or territories of the U.S. and Western Europe. The FX-G10 includes all Euro members, the U.S., Japan, the United Kingdom, Canada, Australia, New Zealand, Switzerland, Norway and Sweden It is the fund's policy that under normal circumstances it will invest at least 80% of its net assets in below investment grade bonds.
Schwab High Yield Bond ETF trades on the ARCA stock market under the symbol SCYB.
As of April 2, 2026, SCYB stock price climbed to $26.00 with 1,581,185 million shares trading.
SCYB has a beta of 0.20, meaning it tends to be less sensitive to market movements. SCYB has a correlation of 0.55 to the broad based SPY ETF.
SCYB has a market cap of $2.38 billion. This is considered a Mid Cap stock.
SCYB has underperformed the market in the last year with a return of +7.1%, while SPY returned +18.2%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in SCYB shares. However, SCYB has outperformed the market in the last 3 month and 2 week periods, returning +0.1% and +0.6%, while SPY returned -3.6% and -0.6%, respectively. This indicates SCYB has been having a stronger performance recently.
SCYB support price is $25.82 and resistance is $26.06 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that SCYB shares will trade within this expected range on the day.
