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SCHI

$--
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1d
1w
1m

Analysis and statistics

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About

SCHI.US refers to the Schwab China RMB Bond ETF. This ETF seeks to track the total return of the Bloomberg China Aggregate (CNH) Bond Index, a broad, market-value weighted index that measures the performance of the Renminbi-denominated (CNH) investment-grade bond market in China. It provides U.S. investors with access to the onshore Chinese bond market, allowing them to diversify their fixed income portfolios and potentially benefit from the yield and currency movements of the Chinese bond market. The fund invests primarily in RMB-denominated bonds issued by Chinese government, quasi-government, and corporate entities.
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Factors

Issuer's Bond Holdings: SCHI tracks short-term investment grade bonds. Its price reflects the value of these holdings, varying with bond market conditions.

Interest Rate Changes: Short-term bond prices react to changes in prevailing interest rates. Rising rates typically decrease SCHI's price, and falling rates increase it.

Credit Quality Perceptions: Perceived creditworthiness of bond issuers affects SCHI. Downgrades could lower prices, while upgrades might increase them.

Market Sentiment: Overall investor attitude towards risk impacts bond demand. A risk-off environment may increase demand for the relative safety of short-term bonds.

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