SCHP vs. WPC
Compare and contrast key facts about Schwab U.S. TIPS ETF (SCHP) and W. P. Carey Inc. (WPC).
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: SCHP or WPC.
Key characteristics
| SCHP | WPC | |
|---|---|---|
| YTD Return | -0.77% | -11.16% |
| 1Y Return | -0.86% | -14.48% |
| 3Y Return (Ann) | -1.45% | -2.97% |
| 5Y Return (Ann) | 2.30% | -0.50% |
| 10Y Return (Ann) | 1.91% | 5.50% |
| Sharpe Ratio | -0.15 | -0.59 |
| Daily Std Dev | 5.87% | 23.41% |
| Max Drawdown | -14.26% | -52.45% |
| Current Drawdown | -9.79% | -27.88% |
Correlation
The correlation between SCHP and WPC is 0.09, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
SCHP vs. WPC - Performance Comparison
In the year-to-date period, SCHP achieves a -0.77% return, which is significantly higher than WPC's -11.16% return. Over the past 10 years, SCHP has underperformed WPC with an annualized return of 1.91%, while WPC has yielded a comparatively higher 5.50% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
SCHP vs. WPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab U.S. TIPS ETF (SCHP) and W. P. Carey Inc. (WPC). 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
SCHP vs. WPC - Dividend Comparison
SCHP's dividend yield for the trailing twelve months is around 3.12%, less than WPC's 6.74% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SCHP Schwab U.S. TIPS ETF | 3.12% | 3.02% | 7.19% | 4.39% | 1.11% | 2.02% | 2.63% | 1.90% | 1.38% | 0.28% | 1.30% | 0.67% |
WPC W. P. Carey Inc. | 6.74% | 6.17% | 5.43% | 5.12% | 5.91% | 5.17% | 6.26% | 5.82% | 6.65% | 6.48% | 5.26% | 5.70% |
Drawdowns
SCHP vs. WPC - Drawdown Comparison
The maximum SCHP drawdown since its inception was -14.26%, smaller than the maximum WPC drawdown of -52.45%. Use the drawdown chart below to compare losses from any high point for SCHP and WPC. For additional features, visit the drawdowns tool.
Volatility
SCHP vs. WPC - Volatility Comparison
The current volatility for Schwab U.S. TIPS ETF (SCHP) is 1.60%, while W. P. Carey Inc. (WPC) has a volatility of 7.82%. This indicates that SCHP experiences smaller price fluctuations and is considered to be less risky than WPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.