SCHI vs. VTIP
SCHI (Schwab 5-10 Year Corporate Bond ETF) and VTIP (Vanguard Short-Term Inflation-Protected Securities ETF) are both exchange-traded funds - SCHI is a Corporate Bonds fund tracking the Bloomberg US Aggregate Credit - Corporate (5-10 Y), while VTIP is a Inflation-Protected Bonds fund tracking the Bloomberg U.S. Treasury Inflation-Protected Securities (TIPS) 0-5 Year Index. Both are passively managed. Over the past 5 years, SCHI returned 1.14%/yr vs 3.37%/yr for VTIP. A 0.56 correlation means they provide meaningful diversification when combined. SCHI charges 0.05%/yr vs 0.03%/yr for VTIP.
Performance
SCHI vs. VTIP - Performance Comparison
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Returns By Period
In the year-to-date period, SCHI achieves a 0.37% return, which is significantly lower than VTIP's 1.85% return.
SCHI
- 1D
- -0.18%
- 1M
- 0.90%
- YTD
- 0.37%
- 6M
- 0.81%
- 1Y
- 5.94%
- 3Y*
- 6.39%
- 5Y*
- 1.14%
- 10Y*
- —
VTIP
- 1D
- -0.04%
- 1M
- -0.06%
- YTD
- 1.85%
- 6M
- 1.95%
- 1Y
- 4.51%
- 3Y*
- 5.25%
- 5Y*
- 3.37%
- 10Y*
- 3.09%
SCHI vs. VTIP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
SCHI Schwab 5-10 Year Corporate Bond ETF | 0.37% | 9.47% | 3.32% | 8.97% | -14.06% | -1.85% | 9.74% | 0.83% |
VTIP Vanguard Short-Term Inflation-Protected Securities ETF | 1.85% | 6.07% | 4.74% | 4.62% | -2.94% | 5.36% | 4.95% | 1.00% |
Correlation
The correlation between SCHI and VTIP is 0.49, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.49 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.67 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.60 |
Correlation (All Time) Calculated using the full available price history since Oct 10, 2019 | 0.56 |
The correlation between SCHI and VTIP shifts across timeframes, from 0.49 (1 year) to 0.67 (3 years), reflecting how their relationship changes across market environments.
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Return for Risk
SCHI vs. VTIP — Risk / Return Rank
SCHI
VTIP
SCHI vs. VTIP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab 5-10 Year Corporate Bond ETF (SCHI) and Vanguard Short-Term Inflation-Protected Securities ETF (VTIP). 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.
| SCHI | VTIP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.73 | ||
| Sortino ratioReturn per unit of downside risk | -3.25 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.65 | -0.42 |
| Calmar ratioReturn relative to maximum drawdown | 1.84 | 6.57 | -4.73 |
| Martin ratioReturn relative to average drawdown | 6.03 | 25.36 | -19.34 |
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Drawdowns
SCHI vs. VTIP - Drawdown Comparison
The maximum SCHI drawdown since its inception was -20.67%, which is greater than VTIP's maximum drawdown of -6.27%. Use the drawdown chart below to compare losses from any high point for SCHI and VTIP.
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Drawdown Indicators
| SCHI | VTIP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.67% | -6.27% | -14.40% |
Max Drawdown (1Y)Largest decline over 1 year | -3.01% | -0.70% | -2.31% |
Max Drawdown (3Y)Largest decline over 3 years | -6.14% | -0.98% | -5.16% |
Max Drawdown (5Y)Largest decline over 5 years | -20.67% | -5.50% | -15.17% |
Max Drawdown (10Y)Largest decline over 10 years | — | -6.27% | — |
Current DrawdownCurrent decline from peak | -1.19% | -0.22% | -0.97% |
Average DrawdownAverage peak-to-trough decline | -5.69% | -1.04% | -4.65% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.92% | 0.18% | +0.74% |
Volatility
SCHI vs. VTIP - Volatility Comparison
Schwab 5-10 Year Corporate Bond ETF (SCHI) has a higher volatility of 1.49% compared to Vanguard Short-Term Inflation-Protected Securities ETF (VTIP) at 0.40%. This indicates that SCHI's price experiences larger fluctuations and is considered to be riskier than VTIP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SCHI | VTIP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.49% | 0.40% | +1.09% |
Volatility (6M)Calculated over the trailing 6-month period | 3.19% | 1.04% | +2.15% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.15% | 1.50% | +2.65% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.66% | 2.77% | +3.89% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.39% | 2.74% | +4.65% |
SCHI vs. VTIP - Expense Ratio Comparison
SCHI has a 0.05% expense ratio, which is higher than VTIP's 0.03% 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
SCHI vs. VTIP - Dividend Comparison
SCHI's dividend yield for the trailing twelve months is around 5.04%, more than VTIP's 3.59% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
SCHI Schwab 5-10 Year Corporate Bond ETF | 5.04% | 4.99% | 5.11% | 4.27% | 3.10% | 1.93% | 2.31% | 0.53% | 0.00% | 0.00% | 0.00% |
VTIP Vanguard Short-Term Inflation-Protected Securities ETF | 3.59% | 3.81% | 2.70% | 2.86% | 6.84% | 4.68% | 1.20% | 1.95% | 2.45% | 1.52% | 0.76% |
Frequently Asked Questions
SCHI and VTIP have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SCHI has higher volatility (1.49%) compared to VTIP (0.40%). In terms of maximum drawdown, SCHI dropped -20.67% vs VTIP's -6.27%.
On 5-year performance, VTIP leads with 3.37% vs 1.14% for SCHI. On fees, VTIP is cheaper at 0.03% per year. On volatility, VTIP has been the lower-risk option at 0.40%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, VTIP has performed better with a 3.37% return vs 1.14%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
VTIP is cheaper with a 0.03% expense ratio, compared with 0.05% for SCHI.
SCHI has the higher dividend yield at 5.04%, compared with 3.59% for VTIP.
SCHI is categorized as Corporate Bonds, while VTIP is Inflation-Protected Bonds. SCHI tracks Bloomberg US Aggregate Credit - Corporate (5-10 Y), while VTIP tracks Bloomberg U.S. Treasury Inflation-Protected Securities (TIPS) 0-5 Year Index. They also come from different issuers: Charles Schwab and Vanguard. Their fees differ too: 0.05% for SCHI and 0.03% for VTIP.
VTIP currently has the higher Sharpe Ratio (3.07 vs 1.34), 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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