MOAT vs. SCHP

Last updated Jun 13, 2026

MOAT (VanEck Morningstar Wide Moat ETF) and SCHP (Schwab U.S. TIPS ETF) are both exchange-traded funds - MOAT is a Large Cap Blend Equities fund tracking the Morningstar Wide Moat Focus Index, while SCHP is a Inflation-Protected Bonds fund tracking the Bloomberg US Treasury Inflation-Linked Bond Index (Series-L). Both are passively managed. Over the past 10 years, MOAT returned 13.47%/yr vs 2.60%/yr for SCHP. At a correlation of -0.01, they often move in opposite directions. MOAT charges 0.47%/yr vs 0.03%/yr for SCHP.

Performance

MOAT vs. SCHP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VanEck Morningstar Wide Moat ETF (MOAT) and Schwab U.S. TIPS ETF (SCHP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MOAT achieves a -0.66% return, which is significantly lower than SCHP's 1.42% return. Over the past 10 years, MOAT has outperformed SCHP with an annualized return of 13.47%, while SCHP has yielded a comparatively lower 2.60% annualized return.

MOAT

• 1D: 0.41%
• 1M: 3.44%
• YTD: -0.66%
• 6M: -1.22%
• 1Y: 12.57%
• 3Y*: 10.55%
• 5Y*: 7.78%
• 10Y*: 13.47%

SCHP

• 1D: 0.04%
• 1M: -0.18%
• YTD: 1.42%
• 6M: 1.48%
• 1Y: 4.71%
• 3Y*: 4.14%
• 5Y*: 1.06%
• 10Y*: 2.60%

*Multi-year figures are annualized to reflect compound growth (CAGR)

MOAT vs. SCHP - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
MOAT VanEck Morningstar Wide Moat ETF	-0.66%	13.20%	10.73%	31.89%	-13.66%	24.12%	14.84%	34.79%	-1.28%	23.18%
SCHP Schwab U.S. TIPS ETF	1.42%	6.76%	1.95%	3.91%	-12.02%	5.87%	10.86%	8.52%	-1.78%	3.02%

Correlation

The correlation between MOAT and SCHP is 0.28, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.28
Correlation (3Y) Calculated over the trailing 3-year period	0.25
Correlation (5Y) Calculated over the trailing 5-year period	0.22
Correlation (10Y) Calculated over the trailing 10-year period	0.07
Correlation (All Time) Calculated using the full available price history since Apr 25, 2012	-0.01

The correlation between MOAT and SCHP shifts across timeframes, from -0.01 (all time) to 0.28 (1 year), reflecting how their relationship changes across market environments.

MOAT vs. SCHP - Sectors Allocation Comparison

Sectors	MOAT	SCHP
Technology	32.8%	-
Consumer Defensive	17.5%	-
Healthcare	16.0%	-
Industrials	13.5%	-
Consumer Cyclical	10.3%	100.0%
Financial Services	6.7%	0.0%
Communication Services	2.4%	-
Real Estate	0.8%	-
Basic Materials	-	-
Energy	-	-
Utilities	-	-

Return for Risk

MOAT vs. SCHP — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

MOAT

MOAT Risk / Return Rank: 26
MOAT Sharpe Ratio Rank: 28
MOAT Sortino Ratio Rank: 28
MOAT Omega Ratio Rank: 26
MOAT Calmar Ratio Rank: 24
MOAT Martin Ratio Rank: 26

SCHP

SCHP Risk / Return Rank: 50
SCHP Sharpe Ratio Rank: 47
SCHP Sortino Ratio Rank: 51
SCHP Omega Ratio Rank: 45
SCHP Calmar Ratio Rank: 56
SCHP Martin Ratio Rank: 50

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

MOAT vs. SCHP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Morningstar Wide Moat ETF (MOAT) 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.

	MOAT	SCHP	Difference
Sharpe ratio: Return per unit of total volatility	0.91	1.44	-0.53
Sortino ratio: Return per unit of downside risk	1.39	2.19	-0.80
Omega ratio: Gain probability vs. loss probability	1.16	1.25	-0.10
Calmar ratio: Return relative to maximum drawdown	1.02	2.45	-1.44
Martin ratio: Return relative to average drawdown	3.11	7.41	-4.30

MOAT vs. SCHP - Sharpe Ratio Comparison

The current MOAT Sharpe Ratio is 0.91, which is lower than the SCHP Sharpe Ratio of 1.44. The chart below compares the historical Sharpe Ratios of MOAT and SCHP, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

MOAT vs. SCHP - Drawdown Comparison

The maximum MOAT drawdown since its inception was -33.31%, which is greater than SCHP's maximum drawdown of -14.26%. Use the drawdown chart below to compare losses from any high point for MOAT and SCHP.

Drawdown Indicators

	MOAT	SCHP	Difference
Max Drawdown Largest peak-to-trough decline	-33.31%	-14.26%	-19.05%
Max Drawdown (1Y) Largest decline over 1 year	-12.43%	-1.93%	-10.50%
Max Drawdown (3Y) Largest decline over 3 years	-21.44%	-4.48%	-16.96%
Max Drawdown (5Y) Largest decline over 5 years	-23.96%	-14.26%	-9.70%
Max Drawdown (10Y) Largest decline over 10 years	-33.31%	-14.26%	-19.05%
Current Drawdown Current decline from peak	-4.45%	-0.44%	-4.01%
Average Drawdown Average peak-to-trough decline	-3.83%	-3.93%	+0.10%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.06%	0.64%	+3.42%

Volatility

MOAT vs. SCHP - Volatility Comparison

VanEck Morningstar Wide Moat ETF (MOAT) has a higher volatility of 4.13% compared to Schwab U.S. TIPS ETF (SCHP) at 1.02%. This indicates that MOAT'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.

Volatility by Period

	MOAT	SCHP	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.13%	1.02%	+3.11%
Volatility (6M) Calculated over the trailing 6-month period	9.90%	2.24%	+7.66%
Volatility (1Y) Calculated over the trailing 1-year period	13.93%	3.30%	+10.63%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.20%	6.12%	+12.08%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.68%	5.59%	+13.09%

MOAT vs. SCHP - Expense Ratio Comparison

MOAT has a 0.47% expense ratio, which is higher than SCHP's 0.03% expense ratio.

Dividends

MOAT vs. SCHP - Dividend Comparison

MOAT's dividend yield for the trailing twelve months is around 1.36%, less than SCHP's 3.99% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MOAT VanEck Morningstar Wide Moat ETF	1.36%	1.36%	1.37%	0.86%	1.25%	1.08%	1.46%	1.31%	1.79%	1.07%	1.17%	2.13%
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

Can I hold both MOAT and SCHP in my portfolio?

MOAT and SCHP have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, MOAT or SCHP?

MOAT has higher volatility (4.13%) compared to SCHP (1.02%). In terms of maximum drawdown, MOAT dropped -33.31% vs SCHP's -14.26%.

Which ETF is better, MOAT or SCHP?

On 10-year performance, MOAT leads with 13.47% vs 2.60% for SCHP. On fees, SCHP is cheaper at 0.03% per year. On volatility, SCHP has been the lower-risk option at 1.02%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, MOAT or SCHP?

Over the 10-year period, MOAT has performed better with a 13.47% return vs 2.60%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, MOAT or SCHP?

SCHP is cheaper with a 0.03% expense ratio, compared with 0.47% for MOAT.

Which ETF pays a higher dividend yield, MOAT or SCHP?

SCHP has the higher dividend yield at 3.99%, compared with 1.36% for MOAT.

What is the main difference between MOAT and SCHP?

MOAT is categorized as Large Cap Blend Equities, while SCHP is Inflation-Protected Bonds. MOAT tracks Morningstar Wide Moat Focus Index, while SCHP tracks Bloomberg US Treasury Inflation-Linked Bond Index (Series-L). They also come from different issuers: VanEck and Charles Schwab. Their fees differ too: 0.47% for MOAT and 0.03% for SCHP.

Which has better risk-adjusted returns?

SCHP currently has the higher Sharpe Ratio (1.44 vs 0.91), 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.