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Schwab US TIPS ETF

SCHPNYSE ArcaSchwabA

$25.62−0.04 (−0.16%)

At close: Nov 2, 2026, 4:00 PM ET

A85/ 100

Rank 1 of 41 in TIPS

Intraday session: down, 79 prints from 25.66 to 25.62. Range 25.60 to 25.66. Use the arrow keys to read each point.25.6025.6125.6325.6425.6510 AM12 PM2 PM4 PM
Expense ratio
0.03%
Fund size
$17.5B
1Y total return
+0.1%
Yield · Last 12 months
4.89%
Holdings
49
Avg volume · 30D
5.63M sh
52W range
low $25.01high $26.99
Launched
Filings
SEC EDGAR

The ETF.net SCHP Grade

A

Score 85 out of 100

Category
TIPS⁠
Rank
1 of 41
Six-pillar profile for SCHP. Scores out of 100: Cost 98, Risk 35, Mission 100, Tradability 91, Holdings 87, Durability 82. Strongest: Mission (100). Weakest: Risk (35). Leans toward Mission and Cost.

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 100
    Rank 1 of 41
  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A100 out of 100
    Rank 1 of 33
  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    D35 out of 100
    Rank 29 of 41
  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    A91 out of 100
    Rank 3 of 41
  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    A87 out of 100
    Rank 3 of 41
  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    A82 out of 100
    Rank 4 of 41

Our read on SCHP

ETF.net Research

In short

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.

Stated mandate

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

Asset class
Bonds
Holdings
49
Top-10 weight
35%
Largest holding
Treasury (Cpi) Note 1.88% 07/15/2035 (BBG01W263YQ6)3.9%

Sectors

  • Government100.0%

Geography

  • United States100.00%
The fund’s holdings, weight-ordered — page 1 of 4.
#TickerCompanyWeight %SharesMarket valueHeld by ETFs
1No dataTreasury (Cpi) Note 1.88% 07/15/2035 (BBG01W263YQ6)3.94%724,846,333$690M1
2No dataTreasury (Cpi) Note 2.13% 01/15/2035 (BBG01RV9W2Z7)3.89%699,832,001$682M1
3No dataTreasury (Cpi) Note 1.88% 01/15/2036 (BBG01ZJ6W1C6)3.88%718,003,149$678M1
4No dataTreasury (Cpi) Note 1.88% 07/15/2034 (BBG01NR61QV2)3.67%667,062,126$643M1
5No dataTreasury (Cpi) Note 1.75% 01/15/2034 (BBG01KZKCKC0)3.51%642,547,978$615M1
6No dataTreasury (Cpi) Note 1.13% 10/15/2030 (BBG01XVYY0C6)3.36%610,379,249$588M1
7No dataTreasury (Cpi) Note 1.25% 04/15/2031 (BBG021KR9628)3.32%606,544,775$581M1
8No dataTreasury (Cpi) Note 1.63% 04/15/2030 (BBG01T8LCHM5)3.31%589,277,748$579M1
9No dataTreasury (Cpi) Note 1.13% 01/15/2033 (BBG01CBQT386)3.29%619,098,511$576M1
10No dataTreasury (Cpi) Note 0.63% 07/15/2032 (BBG018TGXX14)3.27%625,192,118$572M1
11No dataTreasury (Cpi) Note 1.38% 07/15/2033 (BBG01HFTNR60)3.26%606,161,360$571M1
12No dataTreasury (Cpi) Note 1.63% 10/15/2029 (BBG01QDBWV35)3.25%574,489,966$569M1
13No dataTreasury (Cpi) Note 2.13% 04/15/2029 (BBG01MDFSSY3)3.13%547,571,829$548M1
14No dataTreasury (Cpi) Note 2.38% 10/15/2028 (BBG01JQM2HX4)3.13%541,368,222$547M1
15No dataTreasury (Cpi) Note 0.13% 01/15/2032 (BBG014KBX792)3.08%602,162,822$540M1

Showing 1–15 of 49 holdings

SCHP Performance

Launched Aug 5, 2010

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

SCHP$10,013
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. SCHP $10,013. SPY $11,199. Use the arrow keys to read each point.$10,000$11,000Oct 2025Apr 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 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.

Trailing total return for SCHP. Periods over one year show the average yearly return.
PeriodSCHP
Year to date+0.5%
1 month+2.7%
3 months0.0%
1 year+0.1%
3 yearsper year+4.9%
5 yearsper year+0.2%
10 yearsper year+2.4%

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for SCHP
YearReturn barSCHP
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

SCHP Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Oct 30, 2026.
4.89%Last 12 months
Payout per share
$1.26Last 12 months
Last payment
$0.06 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Monthly

Distribution history

2023–2026

One bar per payment. 38 payments from 2023 to 2026 YTD. Apr 3, 2023 $0.04; May 1, 2023 $0.09; Jun 1, 2023 $0.08; Jul 3, 2023 $0.11; Aug 1, 2023 $0.08; Sep 1, 2023 $0.08; Oct 2, 2023 $0.06; Nov 1, 2023 $0.09; Dec 1, 2023 $0.08; Dec 15, 2023 $0.07; Apr 1, 2024 $0.04; May 1, 2024 $0.10; Jun 3, 2024 $0.15; Jul 1, 2024 $0.12; Aug 1, 2024 $0.09; Sep 3, 2024 $0.05; Oct 1, 2024 $0.0098; Nov 1, 2024 $0.03; Dec 2, 2024 $0.07; Dec 20, 2024 $0.11; Mar 3, 2025 $0.02; Apr 1, 2025 $0.10; May 1, 2025 $0.12; Jun 2, 2025 $0.10; Jul 1, 2025 $0.11; Aug 1, 2025 $0.09; Sep 2, 2025 $0.10; Oct 1, 2025 $0.08; Nov 3, 2025 $0.09; Dec 1, 2025 $0.09; Dec 19, 2025 $0.18; Apr 1, 2026 $0.03; May 1, 2026 $0.10; Jun 1, 2026 $0.20; Jul 1, 2026 $0.22; Aug 3, 2026 $0.22; Sep 1, 2026 $0.08; Oct 1, 2026 $0.06. Use the arrow keys to read each point.2023202420252026YTD
Ex-datePay dateAmount per share
Nov 2, 2026Pays Nov 6, 2026$0.08
Oct 1, 2026Oct 7, 2026$0.06
Sep 1, 2026Sep 8, 2026$0.08
Aug 3, 2026Aug 7, 2026$0.22
Jul 1, 2026Jul 8, 2026$0.22
Jun 1, 2026Jun 5, 2026$0.20
May 1, 2026May 7, 2026$0.10
Apr 1, 2026Apr 8, 2026$0.03
Dec 19, 2025Dec 26, 2025$0.18
Dec 1, 2025Dec 5, 2025$0.09
Nov 3, 2025Nov 7, 2025$0.09
Oct 1, 2025Oct 7, 2025$0.08

See all 134 payments⁠

$10,000 in SCHP 10 years ago paid $3,268 in dividends.⁠

SCHP Risk

How much the fund’s monthly returns vary, scaled to a year.
4.5%
Annualised · 36 months to Oct 2026
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.

Return above 3-month US Treasury bills per unit of volatility.
0.09
vs 3-month T-bills · to Oct 2026
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.

The largest fall from a peak to the low that followed.
−14.3%
Trough Sep 2022
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.

How strongly the fund’s returns move with its asset-class index.
0.70
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

SCHP Cost

Tied cheapest in TIPS

$638

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • SCHP 0.03%

    $638

$10,000
30 years

Cost over time

  • SCHP 0.03%
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$200$400$600$800051015202530SCHP $638

Year by year

YearSCHP
10$55
20$216
30$638

Other funds in TIPS