Schwab US TIPS ETF
$25.20−0.01 (−0.04%)
- 0.03%
- $16.2B
- −2.0%
- 4.99%
- 5.3M sh
- $25.17
- low $25.01high $27.15
The ETF.net SCHP Grade
A
Score 85 out of 100
- 1 of 41
Score 85 of 100 falls in the A band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.A98 out of 100Rank 1 of 41Mission
Whether the fund did what it promised, tested against its stated mandate.A100 out of 100Rank 1 of 33Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C42 out of 100Rank 24 of 41Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A88 out of 100Rank 3 of 41Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A79 out of 100Rank 7 of 41Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A82 out of 100Rank 4 of 41
Our read on SCHP
AInflation insurance in the plainest wrapper available: SCHP owns the full maturity range of Treasury inflation-protected bonds and tracks its Bloomberg index for three basis points a year.
The fund seeks to track, before fees and expenses, the total return of an index composed of inflation-protected U.S. Treasury securities.
Why people hold it
- 0.03% a year, a quarter of the typical Treasury-fund fee and level with the cheapest names in the group (VGIT, VCSH).
- One job, done literally: only inflation-linked US Treasuries, whose principal adjusts with the official consumer price index.
- Running since 2010, now a multi-billion-dollar fund that trades actively and hugs the Bloomberg Series-L index closely.
- Passive, no maturity tilt, no manager view: one of the cleaner builds among Treasury ETFs.
Worth knowing
- Inflation-linked is not rate-proof. This spans the whole maturity spectrum, so prices move with real yields.
- Distributions are irregular. Coupons sit on an inflation-adjusted principal, so the cash arrives lumpy, not as a steady check.
- About 50 bonds, all Uncle Sam. No credit spread, no corporate yield pickup; inflation and duration are the whole story.
SCHP Holdings
- Bonds
- 49
- 36%
- Treasury (Cpi) Note 1.88% 07/15/2035 (BBG01W263YQ6)
Sectors
- Financials100.0%
Geography
- United States100.00%
SCHP Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
SCHP$9,796
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | SCHP |
|---|---|
| Year to date | −1.5% |
| 1 month | −1.3% |
| 3 months | −2.6% |
| 1 year | −2.0% |
| 3 years | +4.1% |
| 5 years | 0.0% |
| 10 years | +2.2% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | SCHP |
|---|---|---|
| 2026 YTD | −1.5% | |
| 2025 | +6.8% | |
| 2024 | +1.9% | |
| 2023 | +3.9% | |
| 2022 | −12.0% | |
| 2021 | +5.9% | |
| 2020 | +10.8% |
SCHP in the news
The Big Picture
The Fed hiked. The 30-year yield fell 1 basis point
SCHP Dividends
- 4.99%
- $1.26
- $0.06 per share
- Monthly
Distribution history
SCHP Risk
- 4.4%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- −0.18
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −14.3%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.70
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
SCHP Cost
0.03%
SCHP0.03%
- The middle half of TIPS funds
- Median 0.10%
No TIPS fund charges less.
Other funds in TIPS
- ASTIPiShares 0-5 Year TIPS Bond ETFExpense ratio 0.03%1 year return +1.5%
- AVTPVanguard Total Inflation-Protected Securities ETFExpense ratio 0.05%1 year return −2.1%
- AVTIPVanguard Short-Term Inflation-Protected Securities ETFExpense ratio 0.03%1 year return +1.5%
- APBTPInvesco 0-5 Yr US TIPS ETFExpense ratio 0.07%1 year return +1.5%
- BSPIPState Street SPDR Portfolio TIPS ETFExpense ratio 0.12%1 year return −2.4%