Overview
US Treasuries maturing in three to ten years — Schwab's 0.03% entry in the curve's workhorse middle, twin to SPTI.
Top Holdings
| Ticker | Holding | Weight |
|---|---|---|
| UST | Treasury Note 4.25% 2031 | 2.5% |
| UST | Treasury Note 4.0% 2032 | 2.3% |
| UST | Treasury Note 4.375% 2033 | 2.2% |
| UST | Treasury Note 3.875% 2030 | 2.1% |
| UST | Treasury Note 4.125% 2034 | 2.0% |
| UST | Treasury Note 4.5% 2033 | 1.9% |
| UST | Treasury Note 3.75% 2031 | 1.8% |
| UST | Treasury Note 4.25% 2035 | 1.7% |
| UST | Treasury Note 4.0% 2029 | 1.7% |
| UST | Treasury Note 4.625% 2030 | 1.6% |
Fund Details
Investment Thesis
Same territory as SPTI and IEI — the 3-10 year belly where rate-cut upside meets manageable risk — at the identical 0.03% fee floor, with Schwab-ecosystem convenience. The slightly red year is September's bond selloff talking; the 4% monthly-paid yield is the standing offer. In commodity products, pick your custodian and stop overthinking.
Who It's For
Schwab-platform investors building the Treasury ladder in-house. Interchangeable with SPTI; the choice is brand, not strategy.
10-Year History
| Year | Close | % Chg |
|---|---|---|
| 2016 | $50.63 | -- |
| 2017 | $51.14 | +1.0% |
| 2018 | $51.29 | +0.3% |
| 2019 | $53.86 | +5.0% |
| 2020 | $57.63 | +7.0% |
| 2021 | $55.90 | -3.0% |
| 2022 | $49.75 | -11.0% |
| 2023 | $51.00 | +2.5% |
| 2024 | $50.49 | -1.0% |
| 2025 | $52.00 | +3.0% |
| Year | Yield |
|---|---|
| 2016 | 1.60% |
| 2017 | 1.80% |
| 2018 | 2.50% |
| 2019 | 2.20% |
| 2020 | 1.00% |
| 2021 | 0.80% |
| 2022 | 2.50% |
| 2023 | 3.90% |
| 2024 | 4.10% |
| 2025 | 4.00% |
| Year | AUM | % Chg |
|---|---|---|
| 2016 | $2.5B | -- |
| 2017 | $3B | +20.0% |
| 2018 | $3.5B | +16.7% |
| 2019 | $4.5B | +28.6% |
| 2020 | $5.5B | +22.2% |
| 2021 | $7B | +27.3% |
| 2022 | $8.5B | +21.4% |
| 2023 | $10B | +17.6% |
| 2024 | $12B | +20.0% |
| 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.
Related Bonds & Treasuries ETFs
Markets. Intelligence. Daily.
Full briefs on 400+ ETFs, curated daily ETF news, and a free weekly deep-dive newsletter — all on ETFHub.
Get the Free Weekly Brief Explore the ETF Portal Official Fund Page →