There is A Short Term Treasury ETF That Pays Monthly, and Charges Just 0.03%

Schwab Short-Term US Treasury ETF (SCHO) delivered 4.88% yield over the past year with a 0.03% expense ratio. Inspire Advisors reduced their Schwab Treasury ETF position by 67.7% in Q3 2025 as others increased exposure.

24/7 Wall Street • 8 hours ago

SCHO: Doesn't Pay For Its Duration

Schwab Short-Term U.S. Treasury ETF (SCHO) offers passive exposure to 1–3 year U.S. Treasury bonds, targeting low-risk portfolio allocation. SCHO's 30-day SEC yield is 3.53%, only marginally higher than 12-month Treasury bills, but with greater duration risk. Given minimal yield advantage and potential rate volatility, I recommend selling SCHO in favor of 9–12 month Treasury bills.

Seeking Alpha • Jan 27, 2026

Two Ways to Hold Steady in Short-Term Treasuries: VGSH or SCHO

Both ETFs offer identical ultra-low expense ratios, but Schwab Short-Term U.S. Treasury ETF edges out a slightly higher yield VGSH is larger by assets under management, while SCHO shows slightly lower volatility and a similar recent performance track record Portfolio holdings and sector exposures are nearly identical, with minimal quirks or hidden tilts in either fund We're bullish on these 10 stocks ›

The Motley Fool • Jan 26, 2026

SCHO vs. VCSH: The Short-Term Bond Showdown

Both ETFs focus on short-term bonds, but SCHO holds mainly U.S. government bonds while VCSH holds primarily corporate bonds. Schwab's ETF holds significantly more higher-rated bonds than Vanguard's fund.

The Motley Fool • Jan 26, 2026

SCHO: A Dovish Fed Has Changed Things

Schwab Short-Term U.S. Treasury ETF offers short-duration Treasury exposure but faces a shifting macro environment as rate cuts accelerate. It has underperformed intermediate and long-duration peers this year, reflecting changing rate expectations and narrowing yield advantages for short maturities. Persistent inflation and a weakening labor market are prompting the Fed to shift priorities, likely resulting in faster rate cuts and reduced SCHO income potential.

Seeking Alpha • Nov 11, 2025

Short-Term Treasuries: My Pick Is VGSH Over SCHO

Vanguard Short-Term Treasury ETF (VGSH) and Schwab Short-Term U.S. Treasury ETF (SCHO) are both rated Buy for short-term U.S. Treasury exposure. VGSH is slightly superior due to its better liquidity, larger fund size, and higher 30-day SEC yield compared to SCHO. Both ETFs offer low expense ratios, minimal volatility, and are well-positioned for the current uncertain interest rate environment.

Seeking Alpha • Nov 11, 2025

Bond ETFs in Focus as Treasury Yield Touches 3-Year Low

Bond ETFs like SGOV and SCHO gain traction as Treasury yields sink to three-year lows, reflecting rising investor caution amid mounting market stress.

Zacks Investment Research • Oct 17, 2025

SCHO: Wage-Price Spiral Should Be Stalled By Lower Labour Demand

SCHO offers a compelling short-term Treasury exposure with enough rate sensitivity for tactical positioning amid evolving Fed policy. Wage-price spiral risks remain low, and labor market dynamics suggest limited inflation transmission, supporting a constructive duration outlook. Recent economic data and Powell's policy openness favor increasing bets on a cut. There doesn't seem to be a lot of concern around the latest inflation reading.

Seeking Alpha • Aug 24, 2025

SCHO: The Case For Rotating Out Of Short-Duration Treasuries

SCHO offers stability and low costs but faces yield curve headwinds, making it less attractive than ultrashort or long-duration Treasuries for income. The Fed is expected to cut rates later in 2025, which could favor long-duration Treasuries over short-term strategies like SCHO for higher yields. SCHO's recent distribution declines and moderate yield highlight its limited income potential compared to long-duration alternatives, such as SCHQ.

Seeking Alpha • Jun 15, 2025

Why Fixed Income ETFs are Gaining Share

Earlier in May, VettaFi hosted an Income Investment Strategy Symposium. Many of the experts we talked to highlighted ETFs and we partially marketed the event on this website with “ETF” in the name.

ETF Trends • May 19, 2025