Schwab U.S. TIPS ETF (SCHP)
SCHP is an exchange-traded fund (ETF) managed by Charles Schwab. The fund tracks the performance of the Barclays Capital U.S. Treasury Inflation-Protected Securities (TIPS) Index, a benchmark that consists of U.S. Treasury securities that are designed to provide investors with protection against inflation.
SCHP was launched on August 5, 2010, with an expense ratio of 0.05%, which is considered low compared to other mutual funds or ETFs.
ETF Info
| ISIN | US8085248701 |
|---|---|
| CUSIP | 808524870 |
| Issuer | Charles Schwab |
| Inception Date | Aug 5, 2010 |
| Region | North America (U.S.) |
| Category | Inflation-Protected Bonds |
| Index Tracked | Barclays Capital U.S. Treasury Inflation Protected Securities (TIPS) Index (Series-L) |
| Home Page | www.schwabfunds.com |
| Asset Class | Bond |
Expense Ratio
SCHP has an expense ratio of 0.05%, which is considered low compared to other funds.
Share Price Chart
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Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: SCHP vs. VTIP, SCHP vs. TIP, SCHP vs. STIP, SCHP vs. SCHZ, SCHP vs. LTPZ, SCHP vs. SPIP, SCHP vs. BIV, SCHP vs. BND, SCHP vs. WPC, SCHP vs. EGLE
Performance
Performance Chart
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.
Returns By Period
Schwab U.S. TIPS ETF had a return of 1.49% year-to-date (YTD) and 2.96% in the last 12 months. Over the past 10 years, Schwab U.S. TIPS ETF had an annualized return of 1.89%, while the S&P 500 had an annualized return of 10.58%, indicating that Schwab U.S. TIPS ETF did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 1.49% | 13.20% |
| 1 month | 0.29% | -1.28% |
| 6 months | 2.10% | 10.32% |
| 1 year | 2.96% | 18.23% |
| 5 years (annualized) | 2.15% | 12.31% |
| 10 years (annualized) | 1.89% | 10.58% |
Monthly Returns
The table below presents the monthly returns of SCHP, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.31% | -1.09% | 0.71% | -1.64% | 1.76% | 0.74% | 1.49% | ||||||
| 2023 | 1.97% | -1.31% | 2.86% | 0.03% | -1.23% | -0.22% | 0.05% | -0.82% | -1.92% | -0.68% | 2.79% | 2.48% | 3.90% |
| 2022 | -2.00% | 0.81% | -1.90% | -2.18% | -0.91% | -3.12% | 4.43% | -2.67% | -6.78% | 1.37% | 1.85% | -1.16% | -12.02% |
| 2021 | 0.29% | -1.61% | -0.16% | 1.38% | 1.06% | 0.64% | 2.73% | -0.11% | -0.75% | 1.11% | 0.79% | 0.41% | 5.87% |
| 2020 | 2.12% | 0.93% | -1.47% | 2.71% | 0.49% | 1.11% | 2.25% | 0.91% | -0.31% | -0.65% | 1.10% | 1.25% | 10.86% |
| 2019 | 1.52% | -0.17% | 1.91% | 0.27% | 1.65% | 0.84% | 0.37% | 2.24% | -1.07% | -0.06% | 0.24% | 0.51% | 8.52% |
| 2018 | -0.90% | -0.91% | 0.83% | -0.01% | 0.25% | 0.64% | -0.52% | 0.68% | -0.96% | -1.48% | 0.42% | 0.57% | -1.42% |
| 2017 | 0.88% | 0.36% | 0.02% | 0.41% | 0.09% | -0.94% | 0.52% | 1.04% | -0.74% | 0.27% | 0.12% | 0.97% | 3.02% |
| 2016 | 1.56% | 1.07% | 1.82% | 0.23% | -0.79% | 2.28% | 0.73% | -0.42% | 0.76% | -0.60% | -2.00% | -0.01% | 4.64% |
| 2015 | 3.10% | -1.32% | -0.47% | 0.67% | -1.07% | -0.90% | 0.42% | -1.03% | -0.39% | 0.32% | -0.13% | -0.92% | -1.78% |
| 2014 | 2.35% | 0.41% | -0.52% | 1.36% | 1.93% | 0.40% | -0.06% | 0.65% | -2.60% | 0.93% | 0.18% | -0.90% | 4.11% |
| 2013 | -0.75% | 0.11% | 0.19% | 0.91% | -4.20% | -3.84% | 0.81% | -1.82% | 1.75% | 0.52% | -1.05% | -1.71% | -8.90% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of SCHP is 29, suggesting that the investment has average results relative to other ETFs in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Schwab U.S. TIPS ETF (SCHP) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Schwab U.S. TIPS ETF granted a 3.37% dividend yield in the last twelve months. The annual payout for that period amounted to $1.76 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.76 | $1.58 | $3.73 | $2.76 | $0.69 | $1.14 | $1.40 | $1.05 | $0.76 | $0.15 | $0.71 | $0.35 |
Dividend yield | 3.37% | 3.02% | 7.19% | 4.39% | 1.11% | 2.02% | 2.63% | 1.90% | 1.38% | 0.28% | 1.30% | 0.67% |
Monthly Dividends
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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.08 | $0.21 | $0.29 | $0.25 | $0.83 | |||||
| 2023 | $0.00 | $0.00 | $0.00 | $0.09 | $0.17 | $0.17 | $0.22 | $0.16 | $0.16 | $0.13 | $0.18 | $0.30 | $1.58 |
| 2022 | $0.00 | $0.12 | $0.12 | $0.27 | $0.38 | $0.60 | $0.37 | $0.48 | $0.30 | $0.21 | $0.15 | $0.70 | $3.73 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.09 | $0.18 | $0.27 | $0.32 | $0.36 | $0.41 | $0.29 | $0.18 | $0.66 | $2.76 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.11 | $0.18 | $0.17 | $0.24 | $0.69 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.04 | $0.18 | $0.24 | $0.09 | $0.07 | $0.05 | $0.14 | $0.34 | $1.14 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.15 | $0.19 | $0.12 | $0.14 | $0.21 | $0.16 | $0.09 | $0.07 | $0.27 | $1.40 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.06 | $0.09 | $0.08 | $0.10 | $0.08 | $0.07 | $0.09 | $0.12 | $0.36 | $1.05 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.10 | $0.12 | $0.54 | $0.76 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.15 | $0.15 |
| 2014 | $0.00 | $0.00 | $0.00 | $0.00 | $0.09 | $0.16 | $0.15 | $0.15 | $0.09 | $0.05 | $0.00 | $0.00 | $0.71 |
| 2013 | $0.05 | $0.09 | $0.00 | $0.05 | $0.08 | $0.04 | $0.04 | $0.00 | $0.35 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
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. The portfolio has not yet recovered.
The current Schwab U.S. TIPS ETF drawdown is 7.72%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -14.26% | Mar 9, 2022 | 398 | Oct 6, 2023 | — | — | — |
| -11.21% | Dec 11, 2012 | 185 | Sep 5, 2013 | 1393 | Mar 20, 2019 | 1578 |
| -10.85% | Mar 9, 2020 | 8 | Mar 18, 2020 | 58 | Jun 10, 2020 | 66 |
| -5.66% | Oct 26, 2010 | 75 | Feb 10, 2011 | 47 | Apr 19, 2011 | 122 |
| -5% | Nov 10, 2021 | 64 | Feb 10, 2022 | 17 | Mar 8, 2022 | 81 |
Volatility
Volatility Chart
The current Schwab U.S. TIPS ETF volatility is 1.18%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.