PRIPX vs. SCHP
Compare and contrast key facts about T. Rowe Price Inflation Protected Bond Fund (PRIPX) and Schwab U.S. TIPS ETF (SCHP).
PRIPX is managed by T. Rowe Price. It was launched on Oct 30, 2002. SCHP is a passively managed fund by Charles Schwab that tracks the performance of the Barclays Capital U.S. Treasury Inflation Protected Securities (TIPS) Index (Series-L). It was launched on Aug 5, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PRIPX or SCHP.
Correlation
The correlation between PRIPX and SCHP is 0.95, 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
PRIPX vs. SCHP - Performance Comparison
Key characteristics
PRIPX:
0.75
SCHP:
1.47
PRIPX:
1.18
SCHP:
2.07
PRIPX:
1.20
SCHP:
1.26
PRIPX:
0.51
SCHP:
0.63
PRIPX:
3.95
SCHP:
4.42
PRIPX:
1.61%
SCHP:
1.52%
PRIPX:
8.50%
SCHP:
4.60%
PRIPX:
-17.54%
SCHP:
-14.26%
PRIPX:
-6.99%
SCHP:
-4.75%
Returns By Period
The year-to-date returns for both investments are quite close, with PRIPX having a 2.67% return and SCHP slightly higher at 2.76%. Over the past 10 years, PRIPX has underperformed SCHP with an annualized return of 1.42%, while SCHP has yielded a comparatively higher 2.22% annualized return.
PRIPX
2.67%
-0.36%
0.68%
6.25%
1.99%
1.42%
SCHP
2.76%
-0.46%
0.77%
6.57%
1.66%
2.22%
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PRIPX vs. SCHP - Expense Ratio Comparison
PRIPX has a 0.38% expense ratio, which is higher than SCHP's 0.05% expense ratio.
Risk-Adjusted Performance
PRIPX vs. SCHP — Risk-Adjusted Performance Rank
PRIPX
SCHP
PRIPX vs. SCHP - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Inflation Protected Bond Fund (PRIPX) 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.
Dividends
PRIPX vs. SCHP - Dividend Comparison
PRIPX's dividend yield for the trailing twelve months is around 4.33%, more than SCHP's 3.21% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PRIPX T. Rowe Price Inflation Protected Bond Fund | 4.33% | 4.41% | 5.06% | 7.37% | 7.71% | 3.91% | 0.82% | 0.67% | 0.02% | 0.04% | 0.07% | 0.35% |
SCHP Schwab U.S. TIPS ETF | 3.21% | 2.99% | 3.02% | 7.19% | 4.39% | 1.11% | 2.02% | 2.63% | 1.90% | 1.38% | 0.28% | 1.30% |
Drawdowns
PRIPX vs. SCHP - Drawdown Comparison
The maximum PRIPX drawdown since its inception was -17.54%, which is greater than SCHP's maximum drawdown of -14.26%. Use the drawdown chart below to compare losses from any high point for PRIPX and SCHP. For additional features, visit the drawdowns tool.
Volatility
PRIPX vs. SCHP - Volatility Comparison
T. Rowe Price Inflation Protected Bond Fund (PRIPX) and Schwab U.S. TIPS ETF (SCHP) have volatilities of 2.15% and 2.08%, 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.