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BAB vs. SCHP
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


BABSCHP
YTD Return-2.61%-1.56%
1Y Return-0.63%-1.20%
3Y Return (Ann)-4.18%-1.56%
5Y Return (Ann)0.09%2.14%
10Y Return (Ann)2.61%1.80%
Sharpe Ratio0.10-0.08
Daily Std Dev9.27%5.90%
Max Drawdown-27.80%-14.26%
Current Drawdown-16.11%-10.50%

Correlation

-0.50.00.51.00.7

The correlation between BAB and SCHP is 0.68, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Performance

BAB vs. SCHP - Performance Comparison

In the year-to-date period, BAB achieves a -2.61% return, which is significantly lower than SCHP's -1.56% return. Over the past 10 years, BAB has outperformed SCHP with an annualized return of 2.61%, while SCHP has yielded a comparatively lower 1.80% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


30.00%40.00%50.00%60.00%70.00%80.00%December2024FebruaryMarchAprilMay
74.78%
38.36%
BAB
SCHP

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Invesco Taxable Municipal Bond ETF

Schwab U.S. TIPS ETF

BAB vs. SCHP - Expense Ratio Comparison

BAB has a 0.28% expense ratio, which is higher than SCHP's 0.05% expense ratio.


BAB
Invesco Taxable Municipal Bond ETF
Expense ratio chart for BAB: current value at 0.28% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.28%
Expense ratio chart for SCHP: current value at 0.05% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.05%

Risk-Adjusted Performance

BAB vs. SCHP - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco Taxable Municipal Bond ETF (BAB) and Schwab U.S. TIPS ETF (SCHP). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


BAB
Sharpe ratio
The chart of Sharpe ratio for BAB, currently valued at 0.10, compared to the broader market-1.000.001.002.003.004.005.000.10
Sortino ratio
The chart of Sortino ratio for BAB, currently valued at 0.20, compared to the broader market-2.000.002.004.006.008.000.21
Omega ratio
The chart of Omega ratio for BAB, currently valued at 1.02, compared to the broader market0.501.001.502.002.501.02
Calmar ratio
The chart of Calmar ratio for BAB, currently valued at 0.04, compared to the broader market0.002.004.006.008.0010.0012.000.04
Martin ratio
The chart of Martin ratio for BAB, currently valued at 0.26, compared to the broader market0.0020.0040.0060.000.26
SCHP
Sharpe ratio
The chart of Sharpe ratio for SCHP, currently valued at -0.08, compared to the broader market-1.000.001.002.003.004.005.00-0.08
Sortino ratio
The chart of Sortino ratio for SCHP, currently valued at -0.08, compared to the broader market-2.000.002.004.006.008.00-0.08
Omega ratio
The chart of Omega ratio for SCHP, currently valued at 0.99, compared to the broader market0.501.001.502.002.500.99
Calmar ratio
The chart of Calmar ratio for SCHP, currently valued at -0.03, compared to the broader market0.002.004.006.008.0010.0012.00-0.03
Martin ratio
The chart of Martin ratio for SCHP, currently valued at -0.19, compared to the broader market0.0020.0040.0060.00-0.19

BAB vs. SCHP - Sharpe Ratio Comparison

The current BAB Sharpe Ratio is 0.10, which is higher than the SCHP Sharpe Ratio of -0.08. The chart below compares the 12-month rolling Sharpe Ratio of BAB and SCHP.


Rolling 12-month Sharpe Ratio-0.40-0.200.000.200.400.600.80December2024FebruaryMarchAprilMay
0.10
-0.08
BAB
SCHP

Dividends

BAB vs. SCHP - Dividend Comparison

BAB's dividend yield for the trailing twelve months is around 3.89%, more than SCHP's 3.14% yield.


TTM20232022202120202019201820172016201520142013
BAB
Invesco Taxable Municipal Bond ETF
3.89%3.65%3.40%2.63%2.96%3.77%4.20%3.96%4.26%4.71%4.59%5.18%
SCHP
Schwab U.S. TIPS ETF
3.14%3.02%7.19%4.39%1.11%2.02%2.63%1.90%1.38%0.28%1.30%0.67%

Drawdowns

BAB vs. SCHP - Drawdown Comparison

The maximum BAB drawdown since its inception was -27.80%, which is greater than SCHP's maximum drawdown of -14.26%. Use the drawdown chart below to compare losses from any high point for BAB and SCHP. For additional features, visit the drawdowns tool.


-22.00%-20.00%-18.00%-16.00%-14.00%-12.00%-10.00%-8.00%December2024FebruaryMarchAprilMay
-16.11%
-10.50%
BAB
SCHP

Volatility

BAB vs. SCHP - Volatility Comparison

Invesco Taxable Municipal Bond ETF (BAB) has a higher volatility of 1.93% compared to Schwab U.S. TIPS ETF (SCHP) at 1.54%. This indicates that BAB's price experiences larger fluctuations and is considered to be riskier than SCHP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


1.00%1.50%2.00%2.50%3.00%3.50%4.00%December2024FebruaryMarchAprilMay
1.93%
1.54%
BAB
SCHP