SCHP vs. ETHA
SCHP (Schwab U.S. TIPS ETF) and ETHA (iShares Ethereum Trust ETF) are both exchange-traded funds - SCHP is a Inflation-Protected Bonds fund tracking the Bloomberg US Treasury Inflation-Linked Bond Index (Series-L), while ETHA is a Cryptocurrency fund tracking the CME CF Ether Dollar Reference Rate - New York Variant. Both are passively managed. Over the past year, SCHP returned 4.83% vs -34.33% for ETHA. At a 0.12 correlation, their price movements are largely independent. SCHP charges 0.03%/yr vs 0.25%/yr for ETHA.
Performance
SCHP vs. ETHA - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SCHP achieves a 1.42% return, which is significantly higher than ETHA's -43.96% return.
SCHP
- 1D
- 0.04%
- 1M
- -0.10%
- YTD
- 1.42%
- 6M
- 1.48%
- 1Y
- 4.83%
- 3Y*
- 4.14%
- 5Y*
- 1.06%
- 10Y*
- 2.60%
ETHA
- 1D
- -1.02%
- 1M
- -27.59%
- YTD
- -43.96%
- 6M
- -45.98%
- 1Y
- -34.33%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SCHP vs. ETHA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
SCHP Schwab U.S. TIPS ETF | 1.42% | 6.76% | 0.37% |
ETHA iShares Ethereum Trust ETF | -43.96% | -11.31% | -4.89% |
Correlation
The correlation between SCHP and ETHA is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.17 |
Correlation (All Time) Calculated using the full available price history since Jul 23, 2024 | 0.12 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
SCHP vs. ETHA — Risk / Return Rank
SCHP
ETHA
SCHP vs. ETHA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab U.S. TIPS ETF (SCHP) and iShares Ethereum Trust ETF (ETHA). 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.
| SCHP | ETHA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.99 | ||
| Sortino ratioReturn per unit of downside risk | +2.69 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 0.94 | +0.31 |
| Calmar ratioReturn relative to maximum drawdown | 2.45 | -0.57 | +3.02 |
| Martin ratioReturn relative to average drawdown | 7.41 | -0.98 | +8.38 |
Loading charts...
Drawdowns
SCHP vs. ETHA - Drawdown Comparison
The maximum SCHP drawdown since its inception was -14.26%, smaller than the maximum ETHA drawdown of -67.56%. Use the drawdown chart below to compare losses from any high point for SCHP and ETHA.
Loading charts...
Drawdown Indicators
| SCHP | ETHA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -14.26% | -67.56% | +53.30% |
Max Drawdown (1Y)Largest decline over 1 year | -1.93% | -67.56% | +65.63% |
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 | -0.44% | -65.65% | +65.21% |
Average DrawdownAverage peak-to-trough decline | -3.93% | -33.25% | +29.32% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.64% | 39.22% | -38.58% |
Volatility
SCHP vs. ETHA - Volatility Comparison
The current volatility for Schwab U.S. TIPS ETF (SCHP) is 1.02%, while iShares Ethereum Trust ETF (ETHA) has a volatility of 17.30%. This indicates that SCHP experiences smaller price fluctuations and is considered to be less risky than ETHA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SCHP | ETHA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.02% | 17.30% | -16.28% |
Volatility (6M)Calculated over the trailing 6-month period | 2.24% | 46.58% | -44.34% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.30% | 69.29% | -65.99% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.12% | 72.65% | -66.53% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.59% | 72.65% | -67.06% |
SCHP vs. ETHA - Expense Ratio Comparison
SCHP has a 0.03% expense ratio, which is lower than ETHA's 0.25% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
SCHP vs. ETHA - Dividend Comparison
SCHP's dividend yield for the trailing twelve months is around 3.99%, while ETHA has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ETHA iShares Ethereum Trust 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
SCHP and ETHA have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ETHA has higher volatility (17.30%) compared to SCHP (1.02%). In terms of maximum drawdown, SCHP dropped -14.26% vs ETHA's -67.56%.
On 1-year performance, SCHP leads with 4.83% vs -34.33% for ETHA. 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.
Over the 1-year period, SCHP has performed better with a 4.83% return vs -34.33%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
SCHP is cheaper with a 0.03% expense ratio, compared with 0.25% for ETHA.
SCHP has the higher dividend yield at 3.99%, compared with 0.00% for ETHA.
SCHP is categorized as Inflation-Protected Bonds, while ETHA is Cryptocurrency. SCHP tracks Bloomberg US Treasury Inflation-Linked Bond Index (Series-L), while ETHA tracks CME CF Ether Dollar Reference Rate - New York Variant. They also come from different issuers: Charles Schwab and iShares. Their fees differ too: 0.03% for SCHP and 0.25% for ETHA.
SCHP currently has the higher Sharpe Ratio (1.44 vs -0.56), 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.
Find the right allocation for SCHP and ETHA
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer