- ISIN
- US8085248701
- CUSIP
- 808524870
- Issuer
- Charles Schwab
- Inception Date
- Aug 5, 2010
- Region
- North America (U.S.)
- Category
- Inflation-Protected Bonds
- Leveraged
- 1x (No leverage)
- Index Tracked
- Bloomberg US Treasury Inflation-Linked Bond Index (Series-L)
- Distribution Policy
- Distributing
- Asset Class
- Bond
- Assets Under Management
- $16B
Share Price Chart
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Performance
SCHP Performance Chart
Schwab U.S. TIPS ETF (SCHP) is up 1.4% since the beginning of the year. SCHP is currently trading at $27 per share. Investors who bought $1,000 worth of SCHP shares 5 years ago would now be looking at an investment worth $1,054.
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Returns By Period
Schwab U.S. TIPS ETF (SCHP) has returned 1.42% so far this year and 4.83% over the past 12 months. Over the last ten years, SCHP has returned 2.60% per year, falling short of the S&P 500 Index benchmark, which averaged 13.61% annually.
Schwab U.S. TIPS ETF
- 1D
- 0.04%
- 1M
- 0.31%
- YTD
- 1.42%
- 6M
- 1.48%
- 1Y
- 4.83%
- 3Y*
- 4.14%
- 5Y*
- 1.06%
- 10Y*
- 2.60%
Benchmark (S&P 500 Index)
- 1D
- 0.50%
- 1M
- 0.31%
- YTD
- 8.56%
- 6M
- 8.85%
- 1Y
- 24.33%
- 3Y*
- 19.37%
- 5Y*
- 11.84%
- 10Y*
- 13.61%
SCHP Monthly Returns History
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, an 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%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.57% | 1.16% | -1.26% | 1.08% | 0.21% | -0.33% | 1.42% | ||||||
| 2025 | 1.24% | 2.14% | 0.73% | 0.15% | -0.74% | 1.04% | 0.10% | 1.58% | 0.44% | 0.34% | 0.16% | -0.56% | 6.76% |
| 2024 | 0.31% | -1.09% | 0.71% | -1.64% | 1.76% | 0.74% | 1.80% | 0.80% | 1.53% | -1.85% | 0.49% | -1.52% | 1.95% |
| 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% | 3.91% |
| 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% | 1.12% | 0.79% | 0.41% | 5.87% |
Benchmark Metrics
Schwab U.S. TIPS ETF has an annualized alpha of 3.21%, beta of -0.02, and R2 of 0.00 versus S&P 500 Index. Calculated based on daily prices since August 05, 2010.
- This ETF participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (12.17%) than losses (8.56%) - 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.
- Alpha
- 3.21%
- Beta
- -0.02
- R²
- 0.00
- Upside Capture
- 12.17%
- Downside Capture
- 8.56%
Expense Ratio
SCHP has an expense ratio of 0.03%, which is considered low.
Return for Risk
Risk / Return Rank
SCHP ranks 48 for risk / return — on par with similar ETFs. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Schwab U.S. TIPS ETF (SCHP) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| SCHP | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.42 | ||
| Sortino ratioReturn per unit of downside risk | -0.35 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.34 | -0.08 |
| Calmar ratioReturn relative to maximum drawdown | 2.45 | 2.53 | -0.08 |
| Martin ratioReturn relative to average drawdown | 7.41 | 11.37 | -3.97 |
Dividends
Dividend History
Schwab U.S. TIPS ETF provided a 3.99% dividend yield over the last twelve months, with an annual payout of $1.06 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.06 | $1.07 | $0.77 | $0.79 | $1.86 | $1.38 | $0.35 | $0.57 | $0.60 | $0.53 | $0.38 | $0.07 |
Dividend yield | 3.99% | 4.06% | 2.99% | 3.02% | 7.19% | 4.39% | 1.11% | 2.02% | 2.26% | 1.90% | 1.38% | 0.28% |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.03 | $0.10 | $0.20 | $0.33 | ||||||
| 2025 | $0.00 | $0.00 | $0.02 | $0.10 | $0.12 | $0.10 | $0.11 | $0.09 | $0.10 | $0.08 | $0.09 | $0.27 | $1.07 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.04 | $0.10 | $0.15 | $0.12 | $0.09 | $0.05 | $0.01 | $0.03 | $0.18 | $0.77 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.04 | $0.09 | $0.08 | $0.11 | $0.08 | $0.08 | $0.06 | $0.09 | $0.15 | $0.79 |
| 2022 | $0.00 | $0.06 | $0.06 | $0.14 | $0.19 | $0.30 | $0.19 | $0.24 | $0.15 | $0.11 | $0.08 | $0.35 | $1.86 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.05 | $0.09 | $0.13 | $0.16 | $0.18 | $0.20 | $0.15 | $0.09 | $0.33 | $1.38 |
Drawdowns
Drawdowns Chart
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.
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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. Recovery took 512 trading sessions.
The current Schwab U.S. TIPS ETF drawdown is 0.44%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2023 correction2023 | -14.26%Oct 2023 | 1y 7mo | 2y 17d | 3y 7moMar 2022 - Oct 2025 |
2013 correction2013 | -11.21%Sep 2013 | 8mo 28d | 5y 6mo | 6y 3moDec 2012 - Mar 2019 |
COVID crash2020 | -10.85%Mar 2020 | 9d | 2mo 24d | 3mo 3dMar 2020 - Jun 2020 |
2011 pullback2011 | -5.66%Feb 2011 | 3mo 17d | 2mo 8d | 5mo 25dOct 2010 - Apr 2011 |
Bear market2022 | -5.00%Feb 2022 | 3mo 2d | 26d | 3mo 28dNov 2021 - Mar 2022 |
Drawdown Indicators
| SCHP | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -14.26% | -56.78% | +42.52% |
Max Drawdown (1Y)Largest decline over 1 year | -1.93% | -9.10% | +7.17% |
Max Drawdown (3Y)Largest decline over 3 years | -4.48% | -18.90% | +14.42% |
Max Drawdown (5Y)Largest decline over 5 years | -14.26% | -25.43% | +11.17% |
Max Drawdown (10Y)Largest decline over 10 years | -14.26% | -33.92% | +19.66% |
Current DrawdownCurrent decline from peak | -0.44% | -2.34% | +1.90% |
Average DrawdownAverage peak-to-trough decline | -3.93% | -10.72% | +6.79% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.64% | 2.02% | -1.38% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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