Schwab Ultra-Short Income ETF (SCUS) Performance
SCUS total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +2.6% since Dec 31, 2025
- 1 year
- +3.4% total return
- Since first price
- +9.4% since 2024
SCUS trailing returns vs AGG, TLT, SPY
| Period | SCUS total return | Price only | U.S. bonds (AGG) | 20+ yr Treasuries (TLT) | S&P 500 (SPY) |
|---|---|---|---|---|---|
| 1 month | +0.3% | 0.0% | +0.9% | +1.5% | −1.0% |
| 3 months | +0.8% | −0.2% | −0.4% | −1.0% | +3.2% |
| 6 months | +1.6% | −0.4% | −1.5% | −3.8% | +7.8% |
| YTD | +2.6% | −0.4% | −1.0% | −3.4% | +12.3% |
| 1 year | +3.4% | −0.6% | −1.1% | −6.9% | +14.4% |
| Since inceptionAug 13, 2024 | +9.4% | +0.3% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: SCUS vs AGG
From Aug 13, 2024: SCUS grew to $10,943, AGG to $10,437.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
SCUS returns by calendar year
1 of 1 full years positive. Best 2025 (+4.5%), worst 2025 (+4.5%). 2026 is year to date.
SCUS annual returns table
| Year | SCUS | Largest drop | AGG | TLT | SPY |
|---|---|---|---|---|---|
| 2026YTD | +2.6% | −0.2% | −1.0% | −3.4% | +12.3% |
| 2025 | +4.5% | −0.1% | +7.2% | +4.3% | +17.7% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
SCUS risk statistics
| Statistic | Since 2024 |
|---|---|
| Annualized return | +4.1% |
| Volatility (annualized) | 0.4% |
| Sharpe ratio | 0.18 |
| Sortino ratio | 0.24 |
| Best month | +0.6% |
| Worst month | −0.0% |
| Best 12 months | +4.8% |
| Worst 12 months | +3.4% |
| Positive months | 96% |
| Beta vs S&P 500 | — |
| Correlation with S&P 500 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
SCUS rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 15 | +3.3% | +4.2% | +4.8% | 100% |
Every holding period starting at a month-end since 2024. Returns for 3 years and longer are annualized.
SCUS performance overview
Schwab Ultra-Short Income ETF (SCUS) returned +3.4% over the past year, with distributions reinvested. Since its first recorded price on Aug 13, 2024 it has returned +9.4%. Over the same year U.S. bonds (AGG) returned −1.1%.
Related: SCUS chart, SCUS dividends, SCUS bond profile. See the SCUS overview for the latest quote and fund facts.
SCUS performance FAQ
What is the SCUS return over the past year?
SCUS returned +3.4% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 0.6%.
How much would $10,000 invested in SCUS be worth?
$10,000 invested in SCUS at its first recorded close on August 13, 2024 would be worth about $10,943 on October 23, 2026 with distributions reinvested.
How volatile is SCUS?
Over the past history SCUS had an annualized volatility of 0.4% and a Sharpe ratio of 0.18 (excess return over 1–3 month T-bills per unit of risk).