SCHP vs. WPC

Last updated Apr 2, 2026

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.

Performance

SCHP vs. WPC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Schwab U.S. TIPS ETF (SCHP) and W. P. Carey Inc. (WPC). The values are adjusted to include any dividend payments, if applicable.

SCHP vs. WPC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SCHP Schwab U.S. TIPS ETF	0.37%	6.76%	1.95%	3.91%	-12.02%	5.87%	10.86%	8.52%	-1.78%	3.02%
WPC W. P. Carey Inc.	9.31%	24.99%	-10.59%	-7.93%	0.47%	22.88%	-5.99%	28.84%	1.08%	25.68%

Returns By Period

In the year-to-date period, SCHP achieves a 0.37% return, which is significantly lower than WPC's 9.31% return. Over the past 10 years, SCHP has underperformed WPC with an annualized return of 2.56%, while WPC has yielded a comparatively higher 7.91% annualized return.

SCHP

• 1D: -0.09%
• 1M: -1.16%
• YTD: 0.37%
• 6M: 0.14%
• 1Y: 2.84%
• 3Y*: 3.12%
• 5Y*: 1.37%
• 10Y*: 2.56%

WPC

• 1D: 2.10%
• 1M: -5.72%
• YTD: 9.31%
• 6M: 4.22%
• 1Y: 16.41%
• 3Y*: 3.83%
• 5Y*: 5.94%
• 10Y*: 7.91%

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

Return for Risk

SCHP vs. WPC — Risk / Return Rank

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

SCHP

SCHP Risk / Return Rank: 34
SCHP Sharpe Ratio Rank: 36
SCHP Sortino Ratio Rank: 32
SCHP Omega Ratio Rank: 29
SCHP Calmar Ratio Rank: 38
SCHP Martin Ratio Rank: 33

WPC

WPC Risk / Return Rank: 68
WPC Sharpe Ratio Rank: 71
WPC Sortino Ratio Rank: 63
WPC Omega Ratio Rank: 60
WPC Calmar Ratio Rank: 70
WPC Martin Ratio Rank: 75

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.

SCHP vs. WPC - Risk-Adjusted Trends 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.

	SCHP	WPC	Difference
Sharpe ratio Return per unit of total volatility	0.71	0.89	-0.18
Sortino ratio Return per unit of downside risk	0.98	1.32	-0.34
Omega ratio Gain probability vs. loss probability	1.13	1.17	-0.04
Calmar ratio Return relative to maximum drawdown	1.03	1.48	-0.45
Martin ratio Return relative to average drawdown	3.07	4.60	-1.53
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SCHP vs. WPC - Sharpe Ratio Comparison

The current SCHP Sharpe Ratio is 0.71, which is comparable to the WPC Sharpe Ratio of 0.89. The chart below compares the historical Sharpe Ratios of SCHP and WPC, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	SCHP	WPC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.71	0.89	-0.18
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.22	0.29	-0.06
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.46	0.31	+0.15
Sharpe Ratio (All Time) Calculated using the full available price history	0.50	0.45	+0.05

Correlation

The correlation between SCHP and WPC is 0.11, 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.

Dividends

SCHP vs. WPC - Dividend Comparison

SCHP's dividend yield for the trailing twelve months is around 3.72%, less than WPC's 5.27% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SCHP Schwab U.S. TIPS ETF	3.72%	4.06%	2.99%	3.02%	7.19%	4.39%	1.11%	2.02%	2.26%	1.90%	1.38%	0.28%
WPC W. P. Carey Inc.	5.27%	5.62%	6.41%	7.93%	5.43%	5.12%	5.91%	5.17%	6.26%	7.26%	6.65%	6.48%

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.

Drawdown Indicators

	SCHP	WPC	Difference
Max Drawdown Largest peak-to-trough decline	-14.26%	-52.45%	+38.19%
Max Drawdown (1Y) Largest decline over 1 year	-2.78%	-10.47%	+7.69%
Max Drawdown (5Y) Largest decline over 5 years	-14.26%	-36.81%	+22.55%
Max Drawdown (10Y) Largest decline over 10 years	-14.26%	-52.45%	+38.19%
Current Drawdown Current decline from peak	-1.35%	-5.76%	+4.41%
Average Drawdown Average peak-to-trough decline	-3.97%	-10.33%	+6.36%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.94%	3.53%	-2.59%

Volatility

SCHP vs. WPC - Volatility Comparison

The current volatility for Schwab U.S. TIPS ETF (SCHP) is 1.36%, while W. P. Carey Inc. (WPC) has a volatility of 4.90%. 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.

Volatility by Period

	SCHP	WPC	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.36%	4.90%	-3.54%
Volatility (6M) Calculated over the trailing 6-month period	2.22%	12.01%	-9.79%
Volatility (1Y) Calculated over the trailing 1-year period	4.04%	18.57%	-14.53%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.13%	20.70%	-14.57%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.60%	25.81%	-20.21%