STIP vs. SCHJ
STIP (iShares 0-5 Year TIPS Bond ETF) and SCHJ (Schwab 1-5 Year Corporate Bond ETF) are both exchange-traded funds - STIP is a Inflation-Protected Bonds fund tracking the Barclays Capital U.S. Treasury Inflation-Protected Securities (TIPS) 0-5 Years Index (Series-L), while SCHJ is a Corporate Bonds fund tracking the Bloomberg US Corporate (1-5 Y). Both are passively managed. Over the past 5 years, STIP returned 3.37%/yr vs 2.31%/yr for SCHJ. A 0.57 correlation means they provide meaningful diversification when combined. STIP charges 0.06%/yr vs 0.05%/yr for SCHJ.
Performance
STIP vs. SCHJ - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, STIP achieves a 2.04% return, which is significantly higher than SCHJ's 0.56% return.
STIP
- 1D
- 0.00%
- 1M
- 0.03%
- YTD
- 2.04%
- 6M
- 2.03%
- 1Y
- 4.68%
- 3Y*
- 5.23%
- 5Y*
- 3.37%
- 10Y*
- 3.18%
SCHJ
- 1D
- -0.08%
- 1M
- 0.13%
- YTD
- 0.56%
- 6M
- 0.86%
- 1Y
- 4.52%
- 3Y*
- 5.49%
- 5Y*
- 2.31%
- 10Y*
- —
STIP vs. SCHJ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
STIP iShares 0-5 Year TIPS Bond ETF | 2.04% | 6.03% | 4.77% | 4.63% | -3.02% | 5.68% | 5.18% | 0.98% |
SCHJ Schwab 1-5 Year Corporate Bond ETF | 0.56% | 6.80% | 4.89% | 6.36% | -5.73% | -0.67% | 5.30% | 0.61% |
Correlation
The correlation between STIP and SCHJ is 0.56, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.56 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.72 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.62 |
Correlation (All Time) Calculated using the full available price history since Oct 11, 2019 | 0.57 |
The correlation between STIP and SCHJ shifts across timeframes, from 0.56 (1 year) to 0.72 (3 years), reflecting how their relationship changes across market environments.
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
STIP vs. SCHJ — Risk / Return Rank
STIP
SCHJ
STIP vs. SCHJ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares 0-5 Year TIPS Bond ETF (STIP) and Schwab 1-5 Year Corporate Bond ETF (SCHJ). 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.
| STIP | SCHJ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.80 | ||
| Sortino ratioReturn per unit of downside risk | +1.81 | ||
| Omega ratioGain probability vs. loss probability | 1.69 | 1.48 | +0.22 |
| Calmar ratioReturn relative to maximum drawdown | 6.76 | 3.08 | +3.69 |
| Martin ratioReturn relative to average drawdown | 26.37 | 12.17 | +14.20 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| STIP | SCHJ | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.23 | 2.42 | +0.80 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.23 | 0.79 | +0.44 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.30 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.07 | 0.64 | +0.43 |
Drawdowns
STIP vs. SCHJ - Drawdown Comparison
The maximum STIP drawdown since its inception was -5.50%, smaller than the maximum SCHJ drawdown of -13.62%. Use the drawdown chart below to compare losses from any high point for STIP and SCHJ.
Loading charts...
Drawdown Indicators
| STIP | SCHJ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -5.50% | -13.62% | +8.12% |
Max Drawdown (1Y)Largest decline over 1 year | -0.69% | -1.47% | +0.78% |
Max Drawdown (3Y)Largest decline over 3 years | -0.95% | -1.47% | +0.52% |
Max Drawdown (5Y)Largest decline over 5 years | -5.50% | -9.43% | +3.93% |
Max Drawdown (10Y)Largest decline over 10 years | -5.50% | — | — |
Current DrawdownCurrent decline from peak | -0.03% | -0.45% | +0.42% |
Average DrawdownAverage peak-to-trough decline | -0.99% | -1.88% | +0.89% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.18% | 0.37% | -0.19% |
Volatility
STIP vs. SCHJ - Volatility Comparison
The current volatility for iShares 0-5 Year TIPS Bond ETF (STIP) is 0.40%, while Schwab 1-5 Year Corporate Bond ETF (SCHJ) has a volatility of 0.55%. This indicates that STIP experiences smaller price fluctuations and is considered to be less risky than SCHJ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| STIP | SCHJ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.40% | 0.55% | -0.15% |
Volatility (6M)Calculated over the trailing 6-month period | 0.99% | 1.35% | -0.36% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.46% | 1.87% | -0.41% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.75% | 2.94% | -0.19% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.45% | 4.13% | -1.68% |
STIP vs. SCHJ - Expense Ratio Comparison
STIP has a 0.06% expense ratio, which is higher than SCHJ's 0.05% 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
STIP vs. SCHJ - Dividend Comparison
STIP's dividend yield for the trailing twelve months is around 4.30%, less than SCHJ's 4.50% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
SCHJ Schwab 1-5 Year Corporate Bond ETF | 4.50% | 4.42% | 4.00% | 2.98% | 1.64% | 0.94% | 2.54% | 0.42% | 0.00% | 0.00% | 0.00% |
STIP iShares 0-5 Year TIPS Bond ETF | 4.30% | 4.11% | 2.62% | 2.84% | 6.04% | 4.15% | 1.40% | 2.06% | 2.44% | 1.59% | 0.89% |
Frequently Asked Questions
STIP and SCHJ have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SCHJ has higher volatility (0.55%) compared to STIP (0.40%). In terms of maximum drawdown, STIP dropped -5.50% vs SCHJ's -13.62%.
On 5-year performance, STIP leads with 3.37% vs 2.31% for SCHJ. On fees, SCHJ is cheaper at 0.05% per year. On volatility, STIP 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, STIP has performed better with a 3.37% return vs 2.31%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
SCHJ is cheaper with a 0.05% expense ratio, compared with 0.06% for STIP.
SCHJ has the higher dividend yield at 4.50%, compared with 4.30% for STIP.
STIP is categorized as Inflation-Protected Bonds, while SCHJ is Corporate Bonds. STIP tracks Barclays Capital U.S. Treasury Inflation-Protected Securities (TIPS) 0-5 Years Index (Series-L), while SCHJ tracks Bloomberg US Corporate (1-5 Y). They also come from different issuers: iShares and Charles Schwab. Their fees differ too: 0.06% for STIP and 0.05% for SCHJ.
STIP currently has the higher Sharpe Ratio (3.23 vs 2.42), 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 STIP and SCHJ
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