ETF Research and Analysis

by Eric Jacobson
Suitability
Schwab U.S. Aggregate Bond SCHZ is among the cheapest ways to anchor a fixed-income portfolio. Its bogy, the Barclays U.S. Aggregate Bond Index, is the industry standard, though it has some limitations. Schwab is comparatively   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 

A Broader Bond Market for a Good Price 
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