WPC vs. SCHP
Compare and contrast key facts about W. P. Carey Inc. (WPC) and Schwab U.S. TIPS ETF (SCHP).
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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WPC or SCHP.
Key characteristics
| WPC | SCHP | |
|---|---|---|
| YTD Return | -12.70% | -1.27% |
| 1Y Return | -18.21% | -0.93% |
| 3Y Return (Ann) | -3.37% | -1.47% |
| 5Y Return (Ann) | -0.84% | 2.15% |
| 10Y Return (Ann) | 5.25% | 1.83% |
| Sharpe Ratio | -0.75 | -0.14 |
| Daily Std Dev | 23.34% | 5.94% |
| Max Drawdown | -52.45% | -14.26% |
| Current Drawdown | -29.12% | -10.24% |
Correlation
The correlation between WPC and SCHP is 0.09, 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.
Performance
WPC vs. SCHP - Performance Comparison
In the year-to-date period, WPC achieves a -12.70% return, which is significantly lower than SCHP's -1.27% return. Over the past 10 years, WPC has outperformed SCHP with an annualized return of 5.25%, while SCHP has yielded a comparatively lower 1.83% annualized return. 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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Risk-Adjusted Performance
WPC vs. SCHP - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for W. P. Carey Inc. (WPC) 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.
Dividends
WPC vs. SCHP - Dividend Comparison
WPC's dividend yield for the trailing twelve months is around 6.86%, more than SCHP's 3.05% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WPC W. P. Carey Inc. | 6.86% | 6.17% | 5.43% | 5.12% | 5.91% | 5.17% | 6.26% | 5.82% | 6.65% | 6.48% | 5.26% | 5.70% |
SCHP Schwab U.S. TIPS ETF | 2.72% | 3.02% | 7.19% | 4.39% | 1.11% | 2.02% | 2.63% | 1.90% | 1.38% | 0.28% | 1.30% | 0.67% |
Drawdowns
WPC vs. SCHP - Drawdown Comparison
The maximum WPC drawdown since its inception was -52.45%, which is greater than SCHP's maximum drawdown of -14.26%. Use the drawdown chart below to compare losses from any high point for WPC and SCHP. For additional features, visit the drawdowns tool.
Volatility
WPC vs. SCHP - Volatility Comparison
W. P. Carey Inc. (WPC) has a higher volatility of 7.40% compared to Schwab U.S. TIPS ETF (SCHP) at 1.59%. This indicates that WPC's price experiences larger fluctuations and is considered to be riskier than SCHP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.