Schwab U.S. TIPS ETF (SCHP)

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The chart shows the growth of an initial investment of $10,000 in Schwab U.S. TIPS ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

Schwab U.S. TIPS ETF (SCHP) has returned 0.45% so far this year and 2.96% over the past 12 months. Over the last ten years, SCHP has returned 2.57% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.

Based on dividend-adjusted daily data since Aug 5, 2010, SCHP's average daily return is +0.01%, while the average monthly return is +0.24%. At this rate, your investment would double in approximately 24.1 years.

Historically, 62% of months were positive and 38% were negative. The best month was Jul 2022 with a return of +4.4%, while the worst month was Sep 2022 at -6.8%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 4 months.

On a daily basis, SCHP closed higher 52% of trading days. The best single day was Mar 20, 2020 with a return of +4.3%, while the worst single day was Mar 17, 2020 at -2.7%.

Schwab U.S. TIPS ETF has an annualized alpha of 3.19%, beta of -0.02, and R² of 0.00 versus S&P 500 Index. Calculated based on daily prices since August 06, 2010.

• This ETF participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (12.41%) than losses (8.51%) — typical of diversified or defensive assets.
• Beta of -0.02 may look defensive, but with R² of 0.00 this ETF is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
• R² of 0.00 means this ETF moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

SCHP has an expense ratio of 0.05%, which is considered low.

SCHP ranks 37 for risk / return — below 37% of ETFs on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.

The table below present risk-adjusted performance metrics for Schwab U.S. TIPS ETF (SCHP) and compare them to a chosen benchmark (S&P 500 Index).

Schwab U.S. TIPS ETF provided a 3.98% dividend yield over the last twelve months, with an annual payout of $1.06 per share.

The table displays the monthly dividend distributions for Schwab U.S. TIPS ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the Schwab U.S. TIPS ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Schwab U.S. TIPS ETF was 14.26%, occurring on Oct 6, 2023. Recovery took 512 trading sessions.

The current Schwab U.S. TIPS ETF drawdown is 1.26%.

The chart below shows the rolling one-month volatility.