Schrade has been through a lot the last two decades. The brand has changed hands a few times yet still makes some cheap and reliable knives. One of the best examples is the latest Badass Knife of the Week.

The Schrade SCHF16 is an inexpensive fixed blade that can do it all — whether you wear it as a neck knife around town or take it on an excursion into the woods.

This 4.6-ounce general utility knife comes in at an overall length of 7 inches. The black-coated blade itself is 3.1 inches and made from 9Cr18MoV high carbon stainless steel, a budget alloy that is easy to sharpen and resists corrosion.

As a cross between a drop point and clip point profile, the blade has a nice cutting belly and piercing point. Jimping across the spine allows for more control during finer tasks.

The full tang extends down into the handle where it is sandwiched by contoured G-10 scales. Texture along the scales coupled with a finger guard keeps the hand securely in place and prevents it from sliding forward onto the blade. An exposed tang also features a lanyard hole.

The fixed blade comes with a thermoplastic sheath that secures the knife while allowing for quick and easy access. You can hang it around your neck or attach it to a pack.

For more info on this Badass Knife of the Week, see the product page for the Schrade SCHF16.