Schwab High Yield Bond ETF (SCYB) Performance
SCYB total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +0.2% since Dec 31, 2025
- 1 year
- +1.3% total return
- 3 years
- +8.4% a year
- Since first price
- +7.1% a year since 2023
SCYB trailing returns vs AGG, TLT, SPY
| Period | SCYB total return | Price only | U.S. bonds (AGG) | 20+ yr Treasuries (TLT) | S&P 500 (SPY) |
|---|---|---|---|---|---|
| 1 month | −1.0% | −1.6% | +0.9% | +1.5% | −1.0% |
| 3 months | −1.4% | −3.2% | −0.4% | −1.0% | +3.2% |
| 6 months | −1.1% | −4.4% | −1.5% | −3.8% | +7.8% |
| YTD | +0.2% | −4.9% | −1.0% | −3.4% | +12.3% |
| 1 year | +1.3% | −5.5% | −1.1% | −6.9% | +14.4% |
| 3 years | +27.4%+8.4%/yr | +2.9% | +16.6%+5.2%/yr | +9.7%+3.1%/yr | +87.4%+23.3%/yr |
| Since inceptionJul 11, 2023 | +25.3%+7.1%/yr | −0.2% | — | — | — |
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: SCYB vs AGG
From Jul 11, 2023: SCYB grew to $12,532, AGG to $11,190.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
SCYB returns by calendar year
2 of 2 full years positive. Best 2025 (+8.3%), worst 2024 (+8.2%). 2026 is year to date.
SCYB annual returns table
| Year | SCYB | Largest drop | AGG | TLT | SPY |
|---|---|---|---|---|---|
| 2026YTD | +0.2% | −2.8% | −1.0% | −3.4% | +12.3% |
| 2025 | +8.3% | −4.9% | +7.2% | +4.3% | +17.7% |
| 2024 | +8.2% | −2.1% | +1.3% | −8.1% | +24.9% |
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.
SCYB risk statistics
| Statistic | 3 years | Since 2023 |
|---|---|---|
| Annualized return | +7.8% | +7.0% |
| Volatility (annualized) | 4.7% | 4.8% |
| Sharpe ratio | 0.71 | 0.52 |
| Sortino ratio | 1.21 | 0.86 |
| Best month | +4.6% | +4.6% |
| Worst month | −2.8% | −2.8% |
| Best 12 months | +15.9% | +15.9% |
| Worst 12 months | +1.1% | +1.1% |
| Positive months | 75% | 74% |
| Beta vs S&P 500 | 0.28 | — |
| Correlation with S&P 500 | 0.74 | — |
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.
SCYB rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 28 | +1.1% | +8.0% | +15.9% | 100% |
| 3-year (a year) | 4 | +7.8% | +8.2% | +8.3% | 100% |
Every holding period starting at a month-end since 2023. Returns for 3 years and longer are annualized.
SCYB performance overview
Schwab High Yield Bond ETF (SCYB) returned +1.3% over the past year, with distributions reinvested. Since its first recorded price in 2023 it has returned +7.1% a year, turning $10,000 into about $12,532. Over the same year U.S. bonds (AGG) returned −1.1%.
Related: SCYB chart, SCYB dividends, SCYB bond profile. See the SCYB overview for the latest quote and fund facts.
SCYB performance FAQ
What is the SCYB return over the past year?
SCYB returned +1.3% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 5.5%.
How much would $10,000 invested in SCYB be worth?
$10,000 invested in SCYB at its first recorded close on July 11, 2023 would be worth about $12,532 on October 23, 2026 with distributions reinvested.
What was the worst year for SCYB?
The worst calendar year was 2024, with a total return of +8.2%. The best was 2025 at +8.3%.
How volatile is SCYB?
Over the past 3 years SCYB had an annualized volatility of 4.7% and a Sharpe ratio of 0.71 (excess return over 1–3 month T-bills per unit of risk).