Schwab US TIPS ETF
$25.32−0.20 (−0.78%)
- Expense ratio
- 0.03%
- Fund size
- $16.2B
- 1Y return
- −0.5%
- Yield · Last 12 months
- 5.03%
- Holdings
- 49
- Volume · 30D
- 4.9M sh
- NAV per share
- $25.54
- 52W range
The ETF.net SCHP Grade
Score 86 of 100 sits in the A band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.AScore 98Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 100Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.CScore 45Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.AScore 90Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.AScore 80Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 82Category rank
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.
Returns run to the Sep 22, 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 | −0.5% |
| 1 month | −1.4% |
| 3 months | −1.3% |
| 1 year | −0.5% |
| 3 years | +3.9% |
| 5 years | +0.1% |
| 10 years | +2.3% |
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 | −0.5% | |
| 2025 | +6.8% | |
| 2024 | +1.9% | |
| 2023 | +3.9% | |
| 2022 | −12.0% | |
| 2021 | +5.9% | |
| 2020 | +10.8% |
SCHP in the news
ETF.net Research hasn’t filed on SCHP yet — coverage lands here as it’s written.
SCHP Dividends
- 5.03%
- $1.28
- $0.08 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 1, 2026 | Sep 8, 2026 | $0.08 |
| Aug 3, 2026 | Aug 7, 2026 | $0.22 |
| Jul 1, 2026 | Jul 8, 2026 | $0.22 |
| Jun 1, 2026 | Jun 5, 2026 | $0.20 |
| May 1, 2026 | May 7, 2026 | $0.10 |
| Apr 1, 2026 | Apr 8, 2026 | $0.03 |
| Dec 19, 2025 | Dec 26, 2025 | $0.18 |
| Dec 1, 2025 | Dec 5, 2025 | $0.09 |
| Nov 3, 2025 | Nov 7, 2025 | $0.09 |
| Oct 1, 2025 | Oct 7, 2025 | $0.08 |
| Sep 2, 2025 | Sep 8, 2025 | $0.10 |
| Aug 1, 2025 | Aug 7, 2025 | $0.09 |
SCHP Risk
- 4.2%
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.
- −0.13
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
- The middle half of TIPS funds
- Median 0.10%
No TIPS fund charges less.