Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
SCHP vs TIP: how they differ
SCHP and TIP hold 90% of their weight in the same names.
Schwab U.S. TIPS ETF and iShares TIPS Bond ETF.
What they hold in common
By the books each fund has filed, SCHP and TIP hold 90% of their money in the same securities at the same weight.
| Holding | SCHP | TIP |
|---|---|---|
| United States Treasury | 4.09% | 4.10% |
| United States Treasury | 4.03% | 4.04% |
| United States Treasury | 3.62% | 3.63% |
| United States Treasury | 3.42% | 3.44% |
| United States Treasury | 3.39% | 3.41% |
| United States Treasury | 3.38% | 3.39% |
| United States Treasury | 3.35% | 3.37% |
| United States Treasury | 3.35% | 3.36% |
| United States Treasury | 3.29% | 3.30% |
| United States Treasury | 3.15% | 3.17% |
| United States Treasury | 3.15% | 3.19% |
| United States Treasury | 3.06% | 3.06% |
| Only in SCHP | Only in TIP |
|---|---|
| United States Treasury 3.79% | United States of America 3.19% |
| United States Treasury 3.17% | United States of America 2.96% |
| United States Treasury 1.76% |
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.
| SCHP Schwab U.S. TIPS ETF | TIP iShares TIPS Bond ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | Schwab | iShares |
| What it is | US TIPS | TIPS Bond |
| Total return, 1 year | −0.8% | −1.0% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | −18.4 pts | −18.5 pts |
| Expense ratio | 0.03% | 0.18% |
| Holdings | 48 | 48 |
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.
TIP in plain words
TIP is a bond fund tracking the TIPS 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 0.18% a year.
Questions people ask
- Which returned more over the last year, SCHP or TIP?
- In the year to Sep 12, 2026, with distributions reinvested, SCHP returned −0.8% and TIP returned −1.0%, so SCHP returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, SCHP or TIP?
- SCHP charges 0.03% a year and TIP charges 0.18%, so SCHP is cheaper. Fees come from each fund's prospectus.
Other comparisons
Where to next
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, SCHP against TIP, data as of Sep 12, 2026. https://etfiq.com/compare/any/SCHP-TIP Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources