GTIP vs. SCHJ
GTIP (Goldman Sachs Access Inflation Protected USD Bond ETF) and SCHJ (Schwab 1-5 Year Corporate Bond ETF) are both exchange-traded funds - GTIP is a Inflation-Protected Bonds fund tracking the FTSE Goldman Sachs Treasury Inflation Protected USD Bond Index, while SCHJ is a Corporate Bonds fund tracking the Bloomberg US Corporate (1-5 Y). Both are passively managed. Over the past 5 years, GTIP returned 1.09%/yr vs 2.31%/yr for SCHJ. A 0.63 correlation means they provide meaningful diversification when combined. GTIP charges 0.12%/yr vs 0.05%/yr for SCHJ.
Performance
GTIP vs. SCHJ - Performance Comparison
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Returns By Period
In the year-to-date period, GTIP achieves a 1.70% return, which is significantly higher than SCHJ's 0.56% return.
GTIP
- 1D
- -0.08%
- 1M
- 0.04%
- YTD
- 1.70%
- 6M
- 1.11%
- 1Y
- 5.10%
- 3Y*
- 4.01%
- 5Y*
- 1.09%
- 10Y*
- —
SCHJ
- 1D
- -0.08%
- 1M
- 0.13%
- YTD
- 0.56%
- 6M
- 0.86%
- 1Y
- 4.52%
- 3Y*
- 5.49%
- 5Y*
- 2.31%
- 10Y*
- —
GTIP vs. SCHJ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
GTIP Goldman Sachs Access Inflation Protected USD Bond ETF | 1.70% | 6.63% | 2.04% | 3.88% | -12.14% | 5.86% | 10.83% | 0.69% |
SCHJ Schwab 1-5 Year Corporate Bond ETF | 0.56% | 6.80% | 4.89% | 6.36% | -5.73% | -0.67% | 5.30% | 0.61% |
Correlation
The correlation between GTIP and SCHJ is 0.71, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.71 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.77 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.68 |
Correlation (All Time) Calculated using the full available price history since Oct 11, 2019 | 0.63 |
The correlation between GTIP and SCHJ shifts across timeframes, from 0.63 (all time) to 0.77 (3 years), reflecting how their relationship changes across market environments.
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Return for Risk
GTIP vs. SCHJ — Risk / Return Rank
GTIP
SCHJ
GTIP vs. SCHJ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs Access Inflation Protected USD Bond ETF (GTIP) and Schwab 1-5 Year Corporate Bond ETF (SCHJ). 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.
| GTIP | SCHJ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.89 | ||
| Sortino ratioReturn per unit of downside risk | -1.45 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 1.48 | -0.20 |
| Calmar ratioReturn relative to maximum drawdown | 2.54 | 3.08 | -0.54 |
| Martin ratioReturn relative to average drawdown | 8.00 | 12.17 | -4.17 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| GTIP | SCHJ | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.53 | 2.42 | -0.89 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.18 | 0.79 | -0.61 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.56 | 0.64 | -0.08 |
Drawdowns
GTIP vs. SCHJ - Drawdown Comparison
The maximum GTIP drawdown since its inception was -14.31%, which is greater than SCHJ's maximum drawdown of -13.62%. Use the drawdown chart below to compare losses from any high point for GTIP and SCHJ.
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Drawdown Indicators
| GTIP | SCHJ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -14.31% | -13.62% | -0.69% |
Max Drawdown (1Y)Largest decline over 1 year | -2.02% | -1.47% | -0.55% |
Max Drawdown (3Y)Largest decline over 3 years | -4.47% | -1.47% | -3.00% |
Max Drawdown (5Y)Largest decline over 5 years | -14.31% | -9.43% | -4.88% |
Current DrawdownCurrent decline from peak | -0.17% | -0.45% | +0.28% |
Average DrawdownAverage peak-to-trough decline | -4.24% | -1.88% | -2.36% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.64% | 0.37% | +0.27% |
Volatility
GTIP vs. SCHJ - Volatility Comparison
Goldman Sachs Access Inflation Protected USD Bond ETF (GTIP) has a higher volatility of 0.97% compared to Schwab 1-5 Year Corporate Bond ETF (SCHJ) at 0.55%. This indicates that GTIP's price experiences larger fluctuations and is considered to be riskier than SCHJ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GTIP | SCHJ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.97% | 0.55% | +0.42% |
Volatility (6M)Calculated over the trailing 6-month period | 2.32% | 1.35% | +0.97% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.34% | 1.87% | +1.47% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.07% | 2.94% | +3.13% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.01% | 4.13% | +1.88% |
GTIP vs. SCHJ - Expense Ratio Comparison
GTIP has a 0.12% expense ratio, which is higher than SCHJ's 0.05% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
GTIP vs. SCHJ - Dividend Comparison
GTIP's dividend yield for the trailing twelve months is around 4.69%, more than SCHJ's 4.50% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
GTIP Goldman Sachs Access Inflation Protected USD Bond ETF | 4.69% | 4.58% | 3.52% | 2.77% | 6.47% | 3.82% | 1.04% | 2.34% | 0.66% |
SCHJ Schwab 1-5 Year Corporate Bond ETF | 4.50% | 4.42% | 4.00% | 2.98% | 1.64% | 0.94% | 2.54% | 0.42% | 0.00% |
Frequently Asked Questions
GTIP and SCHJ have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GTIP has higher volatility (0.97%) compared to SCHJ (0.55%). In terms of maximum drawdown, GTIP dropped -14.31% vs SCHJ's -13.62%.
On 5-year performance, SCHJ leads with 2.31% vs 1.09% for GTIP. On fees, SCHJ is cheaper at 0.05% per year. On volatility, SCHJ has been the lower-risk option at 0.55%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, SCHJ has performed better with a 2.31% return vs 1.09%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
SCHJ is cheaper with a 0.05% expense ratio, compared with 0.12% for GTIP.
GTIP has the higher dividend yield at 4.69%, compared with 4.50% for SCHJ.
GTIP is categorized as Inflation-Protected Bonds, while SCHJ is Corporate Bonds. GTIP tracks FTSE Goldman Sachs Treasury Inflation Protected USD Bond Index, while SCHJ tracks Bloomberg US Corporate (1-5 Y). They also come from different issuers: Goldman Sachs and Charles Schwab. Their fees differ too: 0.12% for GTIP and 0.05% for SCHJ.
SCHJ currently has the higher Sharpe Ratio (2.42 vs 1.53), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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