Morningstar Rating

ETF Research and Analysis

by John Gabriel
For core fixed-income exposure, it doesn't get any cheaper than Schwab U.S. Aggregate Bond SCHZ. This broadly diversified fund of U.S. investment-grade bonds can serve as the anchor for the fixed-income slice of investors'   Read more 

Bull Case

This is the cheapest aggregate bond fund available.
The fund is made up of high-quality government, securitized, and corporate bonds.
The fund's rock-bottom expense ratio gives it a leg up over its actively managed peers. Read more 

Bear Case

The fund’s heavy exposure to government- and government-related-bonds reduces its yield relative to corporate and mortgage funds.
The fund’s intermediate duration could hurt its performance if interest rates rise faster (and by more) than expected. Read more 

This Strategic Beta ETF Ticks a Lot of Boxes 
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