IBIM vs. SCHP
IBIM (iShares iBonds Oct 2036 Term TIPS ETF) and SCHP (Schwab U.S. TIPS ETF) are both Inflation-Protected Bonds funds. Their correlation of 0.91 suggests significant overlap in exposure.
Performance
IBIM vs. SCHP - Performance Comparison
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Returns By Period
IBIM
- 1D
- 0.36%
- 1M
- 0.14%
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SCHP
- 1D
- 0.11%
- 1M
- -0.10%
- YTD
- 1.65%
- 6M
- 1.42%
- 1Y
- 4.08%
- 3Y*
- 4.05%
- 5Y*
- 1.06%
- 10Y*
- 2.47%
IBIM vs. SCHP - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
IBIM iShares iBonds Oct 2036 Term TIPS ETF | 1.94% |
SCHP Schwab U.S. TIPS ETF | 1.42% |
Correlation
The correlation between IBIM and SCHP is 0.91, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Mar 26, 2026 | 0.91 |
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Return for Risk
IBIM vs. SCHP — Risk / Return Rank
IBIM
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
SCHP
IBIM vs. SCHP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares iBonds Oct 2036 Term TIPS ETF (IBIM) 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.
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.
| IBIM | SCHP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.21 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.12 | — |
| Martin ratioReturn relative to average drawdown | — | 6.28 | — |
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Drawdowns
IBIM vs. SCHP - Drawdown Comparison
The maximum IBIM drawdown since its inception was -1.84%, smaller than the maximum SCHP drawdown of -14.26%. Use the drawdown chart below to compare losses from any high point for IBIM and SCHP.
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Drawdown Indicators
| IBIM | SCHP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -1.84% | -14.26% | +12.42% |
Max Drawdown (1Y)Largest decline over 1 year | — | -1.93% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -4.48% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -14.26% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -14.26% | — |
Current DrawdownCurrent decline from peak | -0.18% | -0.21% | +0.03% |
Average DrawdownAverage peak-to-trough decline | -0.51% | -3.92% | +3.41% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 0.65% | — |
Volatility
IBIM vs. SCHP - Volatility Comparison
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Volatility by Period
| IBIM | SCHP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 1.20% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 2.41% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 4.85% | 3.36% | +1.49% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.85% | 6.12% | -1.27% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.85% | 5.59% | -0.74% |
Dividends
IBIM vs. SCHP - Dividend Comparison
IBIM has not paid dividends to shareholders, while SCHP's dividend yield for the trailing twelve months is around 3.99%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IBIM iShares iBonds Oct 2036 Term TIPS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SCHP Schwab U.S. TIPS ETF | 3.99% | 4.06% | 2.99% | 3.02% | 7.19% | 4.39% | 1.11% | 2.02% | 2.26% | 1.90% | 1.38% | 0.28% |
Frequently Asked Questions
With a correlation of 0.91, IBIM and SCHP move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
SCHP has the higher dividend yield at 3.99%, compared with 0.00% for IBIM.
They also come from different issuers: iShares and Charles Schwab.
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