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

Correlation

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.


-0.50.00.51.01.0

Performance

TIP vs. SCHP - Performance Comparison

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

40.00%42.00%44.00%46.00%48.00%JulyAugustSeptemberOctoberNovemberDecember
41.80%
43.08%
TIP
SCHP

Key characteristics

Sharpe Ratio

TIP:

0.29

SCHP:

0.33

Sortino Ratio

TIP:

0.43

SCHP:

0.49

Omega Ratio

TIP:

1.05

SCHP:

1.06

Calmar Ratio

TIP:

0.12

SCHP:

0.14

Martin Ratio

TIP:

1.00

SCHP:

1.17

Ulcer Index

TIP:

1.33%

SCHP:

1.32%

Daily Std Dev

TIP:

4.58%

SCHP:

4.61%

Max Drawdown

TIP:

-14.56%

SCHP:

-14.26%

Current Drawdown

TIP:

-7.91%

SCHP:

-7.45%

Returns By Period

In the year-to-date period, TIP achieves a 1.64% return, which is significantly lower than SCHP's 1.79% return. Both investments have delivered pretty close results over the past 10 years, with TIP having a 2.11% annualized return and SCHP not far ahead at 2.21%.


TIP

YTD

1.64%

1M

-0.75%

6M

0.65%

1Y

1.71%

5Y*

1.67%

10Y*

2.11%

SCHP

YTD

1.79%

1M

-0.85%

6M

0.76%

1Y

1.69%

5Y*

1.79%

10Y*

2.21%

Compare stocks, funds, or ETFs

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


TIP vs. SCHP - Expense Ratio Comparison

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


TIP
iShares TIPS Bond ETF
Expense ratio chart for TIP: current value at 0.19% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.19%
Expense ratio chart for SCHP: current value at 0.05% compared with the broader market ranging from 0.00% to 2.12%.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.


Sharpe ratio
The chart of Sharpe ratio for TIP, currently valued at 0.29, compared to the broader market0.002.004.000.290.33
The chart of Sortino ratio for TIP, currently valued at 0.43, compared to the broader market-2.000.002.004.006.008.0010.000.430.49
The chart of Omega ratio for TIP, currently valued at 1.05, compared to the broader market0.501.001.502.002.503.001.051.06
The chart of Calmar ratio for TIP, currently valued at 0.12, compared to the broader market0.005.0010.0015.000.120.14
The chart of Martin ratio for TIP, currently valued at 1.00, compared to the broader market0.0020.0040.0060.0080.00100.001.001.17
TIP
SCHP

The current TIP Sharpe Ratio is 0.29, which is comparable to the SCHP Sharpe Ratio of 0.33. The chart below compares the historical Sharpe Ratios of TIP and SCHP, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.501.001.502.00JulyAugustSeptemberOctoberNovemberDecember
0.29
0.33
TIP
SCHP

Dividends

TIP vs. SCHP - Dividend Comparison

TIP's dividend yield for the trailing twelve months is around 2.52%, less than SCHP's 2.99% yield.


TTM20232022202120202019201820172016201520142013
TIP
iShares TIPS Bond ETF
2.52%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
2.99%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.


-9.00%-8.00%-7.00%-6.00%-5.00%-4.00%JulyAugustSeptemberOctoberNovemberDecember
-7.91%
-7.45%
TIP
SCHP

Volatility

TIP vs. SCHP - Volatility Comparison

iShares TIPS Bond ETF (TIP) and Schwab U.S. TIPS ETF (SCHP) have volatilities of 1.25% and 1.30%, 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.


0.90%1.00%1.10%1.20%1.30%1.40%1.50%JulyAugustSeptemberOctoberNovemberDecember
1.25%
1.30%
TIP
SCHP
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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