Overview
US Treasuries maturing in one to three years — minimal rate risk, full government backing, at 0.03%.
Top Holdings
| Ticker | Holding | Weight |
|---|---|---|
| UST | Treasury Note 4.25% 2027 | 2.4% |
| UST | Treasury Note 4.0% 2028 | 2.3% |
| UST | Treasury Note 4.5% 2027 | 2.2% |
| UST | Treasury Note 3.875% 2027 | 2.1% |
| UST | Treasury Note 4.125% 2028 | 2.0% |
| UST | Treasury Note 4.375% 2028 | 1.9% |
| UST | Treasury Note 3.75% 2027 | 1.9% |
| UST | Treasury Note 4.625% 2027 | 1.8% |
| UST | Treasury Note 4.25% 2028 | 1.8% |
| UST | Treasury Note 4.0% 2027 | 1.7% |
Fund Details
Investment Thesis
The 1-3 year Treasury sector is the conservative investor's sweet spot right now: yields close to cash but with enough duration that Fed cuts add price gains instead of just shrinking your income. SCHO owns it for three basis points with monthly payouts and state-tax-exempt interest. It's the step-out-of-cash trade in its simplest form.
Who It's For
Savers extending out of money markets before yields fall, and portfolio builders who want their safe sleeve in pure short Treasuries. Boring, cheap, and exactly as advertised.
10-Year History
| Year | Close | % Chg |
|---|---|---|
| 2016 | $23.50 | -- |
| 2017 | $23.43 | -0.3% |
| 2018 | $23.45 | +0.1% |
| 2019 | $23.92 | +2.0% |
| 2020 | $24.52 | +2.5% |
| 2021 | $24.27 | -1.0% |
| 2022 | $23.18 | -4.5% |
| 2023 | $23.65 | +2.0% |
| 2024 | $24.00 | +1.5% |
| 2025 | $24.60 | +2.5% |
| Year | Yield |
|---|---|
| 2016 | 0.80% |
| 2017 | 1.10% |
| 2018 | 2.00% |
| 2019 | 2.20% |
| 2020 | 1.00% |
| 2021 | 0.30% |
| 2022 | 1.80% |
| 2023 | 4.20% |
| 2024 | 4.40% |
| 2025 | 4.00% |
| Year | AUM | % Chg |
|---|---|---|
| 2016 | $2.5B | -- |
| 2017 | $3B | +20.0% |
| 2018 | $4B | +33.3% |
| 2019 | $5B | +25.0% |
| 2020 | $7B | +40.0% |
| 2021 | $8B | +14.3% |
| 2022 | $11B | +37.5% |
| 2023 | $13B | +18.2% |
| 2024 | $12B | -7.7% |
| 2025 | $13B | +8.3% |
Historical figures are ETFHub estimates modelled from asset-class return patterns and may differ from official fund records. Data as of August 2026.
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