STIP vs. SCHR
Compare and contrast key facts about iShares 0-5 Year TIPS Bond ETF (STIP) and Schwab Intermediate-Term U.S. Treasury ETF (SCHR).
STIP and SCHR are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. STIP is a passively managed fund by iShares that tracks the performance of the Barclays Capital U.S. Treasury Inflation-Protected Securities (TIPS) 0-5 Years Index (Series-L). It was launched on Dec 1, 2010. SCHR is a passively managed fund by Charles Schwab that tracks the performance of the Bloomberg US Treasury (3-10 Y). It was launched on Aug 5, 2010. Both STIP and SCHR are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: STIP or SCHR.
Key characteristics
| STIP | SCHR | |
|---|---|---|
| YTD Return | 4.50% | 3.73% |
| 1Y Return | 6.75% | 10.95% |
| 3Y Return (Ann) | 2.21% | 0.08% |
| 5Y Return (Ann) | 3.54% | 1.18% |
| 10Y Return (Ann) | 2.39% | 2.29% |
| Sharpe Ratio | 3.27 | 2.14 |
| Sortino Ratio | 5.54 | 3.27 |
| Omega Ratio | 1.72 | 1.40 |
| Calmar Ratio | 3.24 | 0.90 |
| Martin Ratio | 32.52 | 9.83 |
| Ulcer Index | 0.21% | 1.17% |
| Daily Std Dev | 2.11% | 5.36% |
| Max Drawdown | -5.50% | -14.68% |
| Current Drawdown | -0.53% | -3.08% |
Correlation
The correlation between STIP and SCHR is 0.54, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
STIP vs. SCHR - Performance Comparison
In the year-to-date period, STIP achieves a 4.50% return, which is significantly higher than SCHR's 3.73% return. Both investments have delivered pretty close results over the past 10 years, with STIP having a 2.39% annualized return and SCHR not far behind at 2.29%. 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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STIP vs. SCHR - Expense Ratio Comparison
STIP has a 0.06% expense ratio, which is higher than SCHR'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%.
Risk-Adjusted Performance
STIP vs. SCHR - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares 0-5 Year TIPS Bond ETF (STIP) and Schwab Intermediate-Term U.S. Treasury ETF (SCHR). 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
STIP vs. SCHR - Dividend Comparison
STIP's dividend yield for the trailing twelve months is around 2.73%, less than SCHR's 5.14% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
STIP iShares 0-5 Year TIPS Bond ETF | 2.73% | 2.84% | 6.04% | 4.15% | 1.40% | 2.06% | 2.44% | 1.59% | 0.89% | 0.00% | 0.74% | 0.31% |
SCHR Schwab Intermediate-Term U.S. Treasury ETF | 5.14% | 4.45% | 2.78% | 1.29% | 2.31% | 3.24% | 3.30% | 2.36% | 2.18% | 2.49% | 2.18% | 1.51% |
Drawdowns
STIP vs. SCHR - Drawdown Comparison
The maximum STIP drawdown since its inception was -5.50%, smaller than the maximum SCHR drawdown of -14.68%. Use the drawdown chart below to compare losses from any high point for STIP and SCHR. For additional features, visit the drawdowns tool.
Volatility
STIP vs. SCHR - Volatility Comparison
The current volatility for iShares 0-5 Year TIPS Bond ETF (STIP) is 0.66%, while Schwab Intermediate-Term U.S. Treasury ETF (SCHR) has a volatility of 1.39%. This indicates that STIP experiences smaller price fluctuations and is considered to be less risky than SCHR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.