SCHWAB STRATEGIC TRUST

Schwab U.S. Equity ETFs

Schwab U.S. Mid-Cap ETF^TM

Schwab U.S. Small-Cap ETF^TM

Supplement dated October 7, 2016 to the Prospectus dated December 30, 2015, as supplemented May 2, 2016, and Statement of Additional Information (SAI) dated December 30, 2015, as supplemented January 4, 2016, February 25, 2016, March 1, 2016 and May 2, 2016

Schwab International Equity ETFs

Schwab International Equity ETF^TM

Schwab Emerging Markets Equity ETF^TM

Supplement dated October 7, 2016 to the Prospectus dated December 30, 2015, as supplemented March 1, 2016, and SAI dated December 30, 2015, as supplemented January 4, 2016, February 25, 2016, March 1, 2016 and May 2, 2016

Schwab Fixed-Income ETFs

Schwab U.S. Aggregate Bond ETF^TM

Supplement dated October 7, 2016 to the Prospectus and SAI, both dated April 29, 2016, as supplemented June 30, 2016

This supplement provides new and additional information beyond that contained in the Prospectuses and SAIs and should be read in conjunction with the Prospectuses and SAIs.

Effective October 7, 2016, the management fees of Schwab U.S. Mid-Cap ETF, Schwab U.S. Small-Cap ETF, Schwab International Equity ETF, Schwab Emerging Markets Equity ETF and Schwab U.S. Aggregate Bond ETF have been reduced, as follows:

	Current Management Fee			New Management Fee
Schwab U.S. Mid-Cap ETF		0.07	%		0.06	%
Schwab U.S. Small-Cap ETF		0.07	%		0.06	%
Schwab International Equity ETF		0.08	%		0.07	%
Schwab Emerging Markets Equity ETF		0.14	%		0.13	%
Schwab U.S. Aggregate Bond ETF		0.05	%		0.04	%

Accordingly, the following changes to the Prospectuses and SAIs are effective October 7, 2016:

1. Schwab U.S. Mid-Cap ETF

The “Annual fund operating expenses” and “Expenses on a $10,000 investment” tables under the “Fund fees and expenses” section on page 13 of the Prospectus are deleted and replaced in their entirety with the following:

Annual fund operating expenses (expenses that you pay each year as a % of the value of your investment)
Management fees	0.06
Other expenses	None
Total annual fund operating expenses	0.06

Expenses on a $10,000 investment

1 year	3 years		5 years		10 years
$6	$	19	$	34	$	77

2. Schwab U.S. Small-Cap ETF

The “Annual fund operating expenses” and “Expenses on a $10,000 investment” tables under the “Fund fees and expenses” section on page 16 of the Prospectus are deleted and replaced in their entirety with the following:

Annual fund operating expenses (expenses that you pay each year as a % of the value of your investment)
Management fees	0.06
Other expenses	None
Total annual fund operating expenses	0.06

Expenses on a $10,000 investment

1 year	3 years		5 years		10 years
$6	$	19	$	34	$	77

3. Schwab International Equity ETF

The “Annual fund operating expenses” and “Expenses on a $10,000 investment” tables under the “Fund fees and expenses” section on page 1 of the Prospectus are deleted and replaced in their entirety with the following:

Annual fund operating expenses (expenses that you pay each year as a % of the value of your investment)
Management fees	0.07
Other expenses	None
Total annual fund operating expenses	0.07

Expenses on a $10,000 investment

1 year	3 years		5 years		10 years
$7	$	23	$	40	$	90

4. Schwab Emerging Markets Equity ETF

The “Annual fund operating expenses” and “Expenses on a $10,000 investment” tables under the “Fund fees and expenses” section on page 7 of the Prospectus are deleted and replaced in their entirety with the following:

Annual fund operating expenses (expenses that you pay each year as a % of the value of your investment)
Management fees	0.13
Other expenses	None
Total annual fund operating expenses	0.13

Expenses on a $10,000 investment

1 year	3 years		5 years		10 years
$13	$	42	$	73	$	166

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5. Schwab U.S. Aggregate Bond ETF

The “Annual fund operating expenses” and “Expenses on a $10,000 investment” tables under the “Fund fees and expenses” section on page 10 of the Prospectus are deleted and replaced in their entirety with the following:

Annual fund operating expenses (expenses that you pay each year as a % of the value of your investment)
Management fees	0.04
Other expenses	None
Total annual fund operating expenses	0.04

Expenses on a $10,000 investment

1 year	3 years		5 years		10 years
$4	$	13	$	23	$	51

6. Schwab U.S. Mid-Cap ETF and Schwab U.S. Small-Cap ETF

The table following the second paragraph under the “Fund management” section on page 42 of the Prospectus is revised to reflect the reduction of the management fee applicable to Schwab U.S. Mid-Cap ETF from 0.07% to 0.06% and Schwab U.S. Small-Cap ETF from 0.07% to 0.06%.

7. Schwab International Equity ETF and Schwab Emerging Markets Equity ETF

The table following the second paragraph under the “Fund management” section on page 22 of the Prospectus is revised to reflect the reduction of the management fee applicable to Schwab International Equity ETF from 0.08% to 0.07% and Schwab Emerging Markets Equity ETF from 0.14% to 0.13%.

8. Schwab U.S. Mid-Cap ETF, Schwab U.S. Small-Cap ETF, Schwab International Equity ETF and Schwab Emerging Markets Equity ETF

The table following the third paragraph under the “Advisory Agreement” section on page 31 of the SAI is revised to reflect the reduction of the management fee applicable to Schwab U.S. Mid-Cap ETF from 0.07% to 0.06%, Schwab U.S. Small-Cap ETF from 0.07% to 0.06%, Schwab International Equity ETF from 0.08% to 0.07% and Schwab Emerging Markets Equity ETF from 0.14% to 0.13%.

9. Schwab U.S. Aggregate Bond ETF

a. The table following the second paragraph under the “Fund management” section on page 29 of the Prospectus is revised to reflect the reduction of the management fee applicable to Schwab U.S. Aggregate Bond ETF from 0.05% to 0.04%.

b. The table following the third paragraph under the “Advisory Agreement” section on page 35 of the SAI is revised to reflect the reduction of the management fee applicable to Schwab U.S. Aggregate Bond ETF from 0.05% to 0.04%.

PLEASE RETAIN THIS SUPPLEMENT FOR FUTURE REFERENCE

REG94088-00 (10/16)

00180772

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