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

Key characteristics


BIVSCHP
YTD Return-0.59%-0.08%
1Y Return2.40%1.11%
3Y Return (Ann)-2.41%-0.73%
5Y Return (Ann)0.82%2.42%
10Y Return (Ann)1.99%2.16%
Sharpe Ratio0.310.23
Daily Std Dev7.05%5.93%
Max Drawdown-18.95%-14.26%
Current Drawdown-10.75%-9.15%

Correlation

0.78
-1.001.00

The correlation between BIV and SCHP is 0.78, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Performance

BIV vs. SCHP - Performance Comparison

In the year-to-date period, BIV achieves a -0.59% return, which is significantly lower than SCHP's -0.08% return. Over the past 10 years, BIV has underperformed SCHP with an annualized return of 1.99%, while SCHP has yielded a comparatively higher 2.16% 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%32.00%34.00%36.00%38.00%40.00%42.00%OctoberNovemberDecember2024FebruaryMarch
41.30%
40.45%
BIV
SCHP

Compare stocks, funds, or ETFs


Vanguard Intermediate-Term Bond ETF

Schwab U.S. TIPS ETF

BIV vs. SCHP - Expense Ratio Comparison

BIV has a 0.04% expense ratio, which is lower than SCHP's 0.05% expense ratio.

SCHP
Schwab U.S. TIPS ETF
0.50%1.00%1.50%2.00%0.05%
0.50%1.00%1.50%2.00%0.04%

Risk-Adjusted Performance

BIV vs. SCHP - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Intermediate-Term Bond ETF (BIV) 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.


Sharpe ratioSortino ratioOmega ratioCalmar ratioUlcer Index
BIV
Vanguard Intermediate-Term Bond ETF
0.31
SCHP
Schwab U.S. TIPS ETF
0.23

BIV vs. SCHP - Sharpe Ratio Comparison

The current BIV Sharpe Ratio is 0.31, which is higher than the SCHP Sharpe Ratio of 0.23. The chart below compares the 12-month rolling Sharpe Ratio of BIV and SCHP.


Rolling 12-month Sharpe Ratio-0.200.000.200.400.600.80OctoberNovemberDecember2024FebruaryMarch
0.31
0.23
BIV
SCHP

Dividends

BIV vs. SCHP - Dividend Comparison

BIV's dividend yield for the trailing twelve months is around 3.26%, more than SCHP's 3.03% yield.


TTM20232022202120202019201820172016201520142013
BIV
Vanguard Intermediate-Term Bond ETF
3.26%3.09%2.41%3.42%2.95%2.75%2.88%2.69%2.38%3.02%3.96%4.22%
SCHP
Schwab U.S. TIPS ETF
3.03%3.02%7.19%4.39%1.11%2.02%2.63%1.90%1.38%0.28%1.30%0.67%

Drawdowns

BIV vs. SCHP - Drawdown Comparison

The maximum BIV drawdown since its inception was -18.95%, which is greater than SCHP's maximum drawdown of -14.26%. The drawdown chart below compares losses from any high point along the way for BIV and SCHP


-18.00%-16.00%-14.00%-12.00%-10.00%-8.00%OctoberNovemberDecember2024FebruaryMarch
-10.75%
-9.15%
BIV
SCHP

Volatility

BIV vs. SCHP - Volatility Comparison

Vanguard Intermediate-Term Bond ETF (BIV) and Schwab U.S. TIPS ETF (SCHP) have volatilities of 1.26% and 1.22%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


1.00%1.50%2.00%2.50%OctoberNovemberDecember2024FebruaryMarch
1.26%
1.22%
BIV
SCHP