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TIP vs. SCHP
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


TIPSCHP
YTD Return-1.53%-1.54%
1Y Return-1.06%-1.00%
3Y Return (Ann)-1.56%-1.42%
5Y Return (Ann)2.11%2.24%
10Y Return (Ann)1.81%1.90%
Sharpe Ratio-0.25-0.23
Daily Std Dev6.04%6.00%
Max Drawdown-14.56%-14.26%
Current Drawdown-10.78%-10.48%

Correlation

-0.50.00.51.01.0

The correlation between TIP and SCHP is 0.97, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Performance

TIP vs. SCHP - Performance Comparison

The year-to-date returns for both stocks are quite close, with TIP having a -1.53% return and SCHP slightly lower at -1.54%. Both investments have delivered pretty close results over the past 10 years, with TIP having a 1.81% annualized return and SCHP not far ahead at 1.90%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


0.00%1.00%2.00%3.00%4.00%5.00%6.00%NovemberDecember2024FebruaryMarchApril
3.63%
3.67%
TIP
SCHP

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


iShares TIPS Bond ETF

Schwab U.S. TIPS ETF

TIP vs. SCHP - Expense Ratio Comparison

TIP has a 0.19% expense ratio, which is higher than SCHP's 0.05% expense ratio.

TIP
iShares TIPS Bond ETF
0.50%1.00%1.50%2.00%0.19%
0.50%1.00%1.50%2.00%0.05%

Risk-Adjusted Performance

TIP vs. SCHP - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares TIPS Bond ETF (TIP) and Schwab U.S. TIPS ETF (SCHP). 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.


TIP
Sharpe ratio
The chart of Sharpe ratio for TIP, currently valued at -0.25, compared to the broader market0.002.004.00-0.25
Sortino ratio
The chart of Sortino ratio for TIP, currently valued at -0.32, compared to the broader market-2.000.002.004.006.008.0010.00-0.32
Omega ratio
The chart of Omega ratio for TIP, currently valued at 0.97, compared to the broader market1.001.502.002.500.97
Calmar ratio
The chart of Calmar ratio for TIP, currently valued at -0.10, compared to the broader market0.002.004.006.008.0010.0012.00-0.10
Martin ratio
The chart of Martin ratio for TIP, currently valued at -0.56, compared to the broader market0.0020.0040.0060.0080.00-0.56
SCHP
Sharpe ratio
The chart of Sharpe ratio for SCHP, currently valued at -0.23, compared to the broader market0.002.004.00-0.23
Sortino ratio
The chart of Sortino ratio for SCHP, currently valued at -0.30, compared to the broader market-2.000.002.004.006.008.0010.00-0.30
Omega ratio
The chart of Omega ratio for SCHP, currently valued at 0.97, compared to the broader market1.001.502.002.500.97
Calmar ratio
The chart of Calmar ratio for SCHP, currently valued at -0.10, compared to the broader market0.002.004.006.008.0010.0012.00-0.10
Martin ratio
The chart of Martin ratio for SCHP, currently valued at -0.52, compared to the broader market0.0020.0040.0060.0080.00-0.52

TIP vs. SCHP - Sharpe Ratio Comparison

The current TIP Sharpe Ratio is -0.25, which roughly equals the SCHP Sharpe Ratio of -0.23. The chart below compares the 12-month rolling Sharpe Ratio of TIP and SCHP.


Rolling 12-month Sharpe Ratio-0.200.000.200.400.60NovemberDecember2024FebruaryMarchApril
-0.25
-0.23
TIP
SCHP

Dividends

TIP vs. SCHP - Dividend Comparison

TIP's dividend yield for the trailing twelve months is around 2.72%, less than SCHP's 3.06% yield.


TTM20232022202120202019201820172016201520142013
TIP
iShares TIPS Bond ETF
2.72%2.73%6.96%4.28%1.17%1.75%2.71%2.07%1.48%0.34%1.67%1.15%
SCHP
Schwab U.S. TIPS ETF
3.06%3.02%7.19%4.39%1.11%2.02%2.63%1.90%1.38%0.28%1.30%0.67%

Drawdowns

TIP vs. SCHP - Drawdown Comparison

The maximum TIP drawdown since its inception was -14.56%, roughly equal to the maximum SCHP drawdown of -14.26%. Use the drawdown chart below to compare losses from any high point for TIP and SCHP. For additional features, visit the drawdowns tool.


-14.00%-13.00%-12.00%-11.00%-10.00%-9.00%NovemberDecember2024FebruaryMarchApril
-10.78%
-10.48%
TIP
SCHP

Volatility

TIP vs. SCHP - Volatility Comparison

iShares TIPS Bond ETF (TIP) and Schwab U.S. TIPS ETF (SCHP) have volatilities of 1.62% and 1.64%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


1.00%1.20%1.40%1.60%1.80%2.00%2.20%NovemberDecember2024FebruaryMarchApril
1.62%
1.64%
TIP
SCHP