Data as of Sep 13, 2026. Both funds on the fields they both publish, from the same sources.
SCHP vs SHV: how they differ
SCHP and SHV hold 0% of their weight in the same names, and SHV returned more over the year.
Schwab U.S. TIPS ETF and iShares 0-1 Year Treasury Bond ETF.
What they hold in common
By the books each fund has filed, SCHP and SHV hold 0% of their money in the same securities at the same weight.
| Only in SCHP | Only in SHV |
|---|---|
| United States Treasury 4.09% | BLK CSH FND TREASURY SL AGENCY 1.04% |
| United States Treasury 4.03% | TREASURY NOTE 0.47% |
| United States Treasury 4.02% | TREASURY BILL 0.06% |
| United States Treasury 3.79% | |
| United States Treasury 3.62% | |
| United States Treasury 3.42% | |
| United States Treasury 3.39% | |
| 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 Jun 30, 2026 and Sep 10, 2026.
| SCHP Schwab U.S. TIPS ETF | SHV iShares 0-1 Year Treasury Bond ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | Schwab | iShares |
| What it is | US TIPS | 0-1 Year Treasury Bond |
| Total return, 1 year | −0.8% | +3.6% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | −18.4 pts | −13.9 pts |
| Expense ratio | 0.03% | 0.15% |
| Holdings | 48 | 66 |
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.
SHV in plain words
SHV is a bond fund tracking the 0-1 Year Treasury Bond. Over the year to Sep 11, 2026 it returned +3.6% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.15% a year.
Questions people ask
- Which returned more over the last year, SCHP or SHV?
- In the year to Sep 13, 2026, with distributions reinvested, SCHP returned −0.8% and SHV returned +3.6%, so SHV returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, SCHP or SHV?
- SCHP charges 0.03% a year and SHV charges 0.15%, 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 SHV, data as of Sep 13, 2026. https://etfiq.com/compare/any/schp-vs-shv Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources