##  [# Breaking Down Schwab’s First Active Fixed Income ETF ](/sections/features/breaking-down-schwabs-first-active-fixed-income-etf) 

 

# Breaking Down Schwab’s First Active Fixed Income ETF 

 

 

Schwab’s Tierney talks about SCUS, their new ultra-short income ETF.



 

 

 

 

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[By Talk ETFs](/authors/talk-etfs)

 Sep 25, 2024

 Edited by: ETF.com Staff

 

 

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Schwab recently launched its first actively-managed fixed income ETF—the [**Schwab Ultra-Short Income ETF (SCUS)**](/scus).

In this episode of Talk ETFs, etf.com Senior Analyst Sumit Roy sits down with DJ Tierney, Director and Senior Investment Portfolio Strategist at Schwab Asset Management, to discuss the new fund.

SCUS, which already has $40 million in AUM, is likely to be a hit with its relatively low fee and focus on a popular part of the fixed income markets.

How does the ultra-short income ETF compare to money market funds? And does the product’s launch mean that Schwab is embracing active ETFs?



 

 

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  Talk ETFs is a weekly video series hosted by etf.com’s Senior Analyst Sumit Roy. Episodes highlight up-to-the-minute investing trends and strategies…   [View Bio](/authors/talk-etfs)

 



 

 


 Related Topics  [ETF.com Videos](http://www.etf.com/topics/videos) 

 [Ultra-Short Term](http://www.etf.com/topics/ultra-short-term) 

 [Fixed Income](http://www.etf.com/topics/fixed-income) 

 [Active Management](http://www.etf.com/topics/active-management)