ETFs

Schwab’s new high-yield bond ETF is tied for cheapest on the market

Schwab Asset Management is seeking to draw investors to its high-yield bond exchange-traded fund with one of the lowest fees in the industry, even as rising rates and default fears rattle the asset class. The Schwab High Yield Bond ETF, which debuts Tuesday, trades under the ticker SCYB and charges just 10 basis points annually. That matches […]