Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
GOVT vs SCHP: how they differ
GOVT and SCHP hold 0% of their weight in the same names.
iShares U.S. Treasury Bond ETF and Schwab U.S. TIPS ETF.
What they hold in common
By the books each fund has filed, GOVT and SCHP hold 0% of their money in the same securities at the same weight.
| Only in GOVT | Only in SCHP |
|---|---|
| United States of America 5.31% | United States Treasury 4.09% |
| United States of America 2.96% | United States Treasury 4.03% |
| United States of America 2.63% | United States Treasury 4.02% |
| United States of America 2.09% | United States Treasury 3.79% |
| United States of America 1.61% | United States Treasury 3.62% |
| United States of America 1.57% | United States Treasury 3.42% |
| United States of America 1.53% | United States Treasury 3.39% |
| United States of America 1.51% | United States Treasury 3.38% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Apr 30, 2026 and Jun 30, 2026.
| GOVT iShares U.S. Treasury Bond ETF | SCHP Schwab U.S. TIPS ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | Schwab |
| What it is | U.S. Treasury Bond | US TIPS |
| Total return, 1 year | −1.0% | −0.8% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | −18.5 pts | −18.4 pts |
| Expense ratio | 0.05% | 0.03% |
| Holdings | 223 | 48 |
GOVT in plain words
GOVT is a bond fund tracking the U.S. Treasury Bond. Over the year to Sep 11, 2026 it returned −1.0% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.05% a year. It sat 8.4% below its high of Aug 4, 2020 on Sep 11, 2026.
SCHP in plain words
SCHP is a bond fund tracking the US TIPS. Over the year to Sep 11, 2026 it returned −0.8% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.03% a year.
Questions people ask
- Which returned more over the last year, GOVT or SCHP?
- In the year to Sep 12, 2026, with distributions reinvested, GOVT returned −1.0% and SCHP returned −0.8%, so SCHP returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, GOVT or SCHP?
- GOVT charges 0.05% a year and SCHP charges 0.03%, so SCHP is cheaper. Fees come from each fund's prospectus.
Other comparisons
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Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, GOVT against SCHP, data as of Sep 12, 2026. https://etfiq.com/compare/any/GOVT-SCHP Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources