Which returned more over the last year, SCHP or SHY?

In the year to Oct 28, 2026, with distributions reinvested, SCHP returned −0.8% and SHY +1.6%.

Which is cheaper, SCHP or SHY?

SCHP is cheaper, by 0.12 percentage points a year. That is about $12 on $10,000 held for a year. Fees come from each fund's prospectus.

Data as of Oct 28, 2026.

Across categories

SCHP vs SHY: Differences, Returns & Fees

Share on X Download as PDF

SCHP's duration was 6.3 years on Jun 30, 2026 and SHY's 1.8 on Aug 31, 2026; SCHP charges 0.03% to SHY's 0.15%.

askIQ about this page

askIQ about SCHP and SHY

Net assets: $16.5bn on Jun 30, 2026 for Schwab U.S. TIPS ETF, and $27.4bn on Oct 27, 2026 for iShares 1-3 Year Treasury Bond ETF.

SCHP on its own →SHY on its own →

At a glance

−0.8%

SCHP total return, 1 year

+1.6%

SHY total return, 1 year

0.03%

SCHP expense ratio

0.15%

SHY expense ratio

Pair scorecard

SCHP costs 0.12 points a year less; their one-year returns differ by 2.4 points.

SCHP vs SHY: Differences, Returns & Fees
Measure	SCHP	SHY
Return
Measure	SCHP	SHY
Total return, 1 year	−0.8%	+1.6%
Benchmark
Measure	SCHP	SHY
What it tracks	US TIPS	ICE U.S. Treasury 1-3 Year Bond Index
Cost and size
Measure	SCHP	SHY
Expense ratio	0.03%	0.15%
Net assets, SCHP as of Jun 30, 2026 and SHY as of Oct 27, 2026	$16.5bn	$27.4bn
Holdings
Measure	SCHP	SHY
Holdings in common	0%

Holdings in common uses holdings dated Jun 30, 2026 and Aug 31, 2026. Method

What they share

By the books each fund has filed, SCHP and SHY hold 0% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Aug 31, 2026.

50%

0 half 100%

half

0% in common

Positions both hold · largest shared weight first SCHP SHY

Only in one fund ↓

Only in SCHP

U.S. Treasury Inflation-Indexed Notes, due Jul 15, 2035 4.07%

U.S. Treasury Inflation-Indexed Notes, due Jan 15, 2035 4.01%

U.S. Treasury Inflation-Indexed Notes, due Jan 15, 2036 4.00%

U.S. Treasury Inflation-Indexed Notes, due Jul 15, 2034 3.77%

U.S. Treasury Inflation-Indexed Notes, due Jan 15, 2034 3.60%

U.S. Treasury Inflation-Indexed Notes, due Oct 15, 2030 3.40%

U.S. Treasury Inflation-Indexed Notes, due Apr 15, 2030 3.38%

U.S. Treasury Inflation-Indexed Notes, due Jan 15, 2033 3.36%

Only in SHY

U.S. Treasury Notes, due Apr 30, 2028 1.97%

U.S. Treasury Notes, due Jan 31, 2028 1.71%

U.S. Treasury Notes, due Jun 30, 2028 1.61%

U.S. Treasury Notes, due Apr 30, 2029 1.51%

U.S. Treasury Notes, due May 31, 2029 1.49%

U.S. Treasury Notes, due Aug 15, 2027 1.48%

U.S. Treasury Notes, due Jun 30, 2029 1.47%

U.S. Treasury Notes, due Feb 15, 2028 1.40%

Check overlap with more funds →

Side by side

SCHP Schwab U.S. TIPS ETF SHY iShares 1-3 Year Treasury Bond ETF

Where it sits Bond ETF Bond ETF

Issuer Schwab iShares

What it is Tracks an index of US TIPS Tracks an index of 1-3 Year Treasury Bond

Total return, 1 year −0.8% +1.6%

Its benchmark over the same days −1.4% (AGG) +1.7% (BBSB)

Gap to its benchmark +0.6 pts vs AGG −0.1 pts vs BBSB

Expense ratio 0.03% 0.15%

Holdings 48 90

Net assets, SCHP as of Jun 30, 2026 and SHY as of Oct 27, 2026 $16.5bn $27.4bn

SCHP and SHY on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

Alert

About each fund

SCHP

SCHP tracks an index of US TIPS. Over the year to Oct 28, 2026 it returned −0.8% with distributions reinvested, against −1.4% for its benchmark, the Bloomberg US Aggregate Bond Index. The prospectus expense ratio is 0.03% a year.

SHY

SHY tracks an index of 1-3 Year Treasury Bond. Over the year to Oct 28, 2026 it returned +1.6% with distributions reinvested, against +1.7% for its benchmark, the ICE U.S. Treasury 1-3 Year Bond Index. The prospectus expense ratio is 0.15% a year.

Questions people ask

Which returned more over the last year, SCHP or SHY?: In the year to Oct 28, 2026, with distributions reinvested, SCHP returned −0.8% and SHY +1.6%.
Which is cheaper, SCHP or SHY?: SCHP is cheaper, by 0.12 percentage points a year. That is about $12 on $10,000 held for a year. Fees come from each fund's prospectus.

Other comparisons

SCHP vs VGSH IEI vs SCHP SCHP vs USHY SCHP vs VTIP SHY vs TIP BINC vs SHY SHY vs VTIP BOND vs SHY

Where to next

SCHP on its own →SHY on its own →Hold both: look the portfolio through →Rankings →SCHP dividend history →SCHP holdings →SHY dividend history →SHY holdings →Standards and sources →

Sources and dates

SCHP filings on SEC EDGAR ↗

SCHP prospectus with the expense ratio (SEC) ↗

Schwab website ↗

SHY filings on SEC EDGAR ↗

SHY prospectus with the expense ratio (SEC) ↗

iShares page for SHY ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

Cite this pageCitation, APA and Markdown

ETFIQ, SCHP against SHY, data as of Oct 28, 2026. https://etfiq.com/compare/any/schp-vs-shy

Open data →

Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.