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

In the year to Oct 28, 2026, with distributions reinvested, SCHP returned −0.8% and VBIL +3.7%.

Which is cheaper, SCHP or VBIL?

SCHP is cheaper, by 0.03 percentage points a year. That is about $3 on $10,000 held for a year. Fees come from each fund's prospectus.

Data as of Oct 28, 2026.

Across categories

SCHP vs VBIL: Differences, Returns & Fees

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On Jun 30, 2026 SCHP's duration was 6.3 years and VBIL's 0.1; SCHP charges 0.03% to VBIL's 0.06%.

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Net assets: $16.5bn on Jun 30, 2026 for Schwab U.S. TIPS ETF, and $12.8bn on Sep 30, 2026 for Vanguard 0-3 Month Treasury Bill ETF.

SCHP on its own →VBIL on its own →

At a glance

−0.8%

SCHP total return, 1 year

+3.7%

VBIL total return, 1 year

0.03%

SCHP expense ratio

0.06%

VBIL expense ratio

Pair scorecard

SCHP costs 0.03 points a year less; their one-year returns differ by 4.5 points.

SCHP vs VBIL: Differences, Returns & Fees
Measure	SCHP	VBIL
Return
Measure	SCHP	VBIL
Total return, 1 year	−0.8%	+3.7%
Benchmark
Measure	SCHP	VBIL
What it tracks	US TIPS	Bloomberg U.S. Treasury Bills 0-3 Months Index
Cost and size
Measure	SCHP	VBIL
Expense ratio	0.03%	0.06%
Net assets, SCHP as of Jun 30, 2026 and VBIL as of Sep 30, 2026	$16.5bn	$12.8bn
Holdings
Measure	SCHP	VBIL
Holdings in common	0%

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

Risk and return

Feb 21, 2025 to Oct 23, 2026 · 87 weekly returns

SCHP VBIL

Return

Total return edge VBIL +4.6% +6.7%

Annualized edge VBIL +2.7% +3.9%

Price return edge VBIL −2.9% +0.8%

Risk

Volatility edge VBIL 3.8% 0.1%

Max drawdown edge VBIL −3.8% 0.0%

Risk-adjusted

Sharpe edge SCHP −0.31 −0.64

Sortino edge SCHP −0.40 −0.90

Calmar 0.73 Not measured

Reading

VBIL returned more: +6.7% to +4.6%. VBIL swung less: 0.1% to 3.8%. VBIL fell less at its worst: 0.0% to −3.8%.

Full scorecard

9 measures, with how each is measured Open ↓

Risk and return: SCHP vs VBIL: Differences, Returns & Fees
Measure	SCHP	VBIL	Edge	How it is measured
Return
Total return	+4.6%	+6.7%	VBIL	Price change plus distributions, reinvested.
Annualized	+2.7%	+3.9%	VBIL	Total return as a yearly rate.
Price return	−2.9%	+0.8%	VBIL	Price change alone, distributions left out.
Risk
Volatility	3.8%	0.1%	VBIL	Spread of weekly returns, annualized. Lower is steadier.
Downside deviation	3.0%	0.1%	VBIL	Like volatility, counting only weeks below the Treasury bill rate.
Max drawdown	−3.8%	0.0%	VBIL	Deepest fall from a high to the low after it.
Risk-adjusted
Sharpe	−0.31	−0.64	SCHP	Return above Treasury bills per unit of volatility.
Sortino	−0.40	−0.90	SCHP	Return above Treasury bills per unit of downside deviation.
Calmar	0.73	Not measured		Annualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 87 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

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

50%

0 half 100%

half

0% in common

Positions both hold · largest shared weight first SCHP VBIL

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 VBIL

TREASURY BILL, due Jul 9, 2026 6.78%

TREASURY BILL, due Aug 6, 2026 6.10%

TREASURY BILL, due Jul 2, 2026 5.61%

TREASURY BILL, due Jul 16, 2026 5.41%

TREASURY BILL, due Jul 23, 2026 5.18%

TREASURY BILL, due Jul 14, 2026 5.17%

TREASURY BILL, due Jul 21, 2026 5.15%

TREASURY BILL, due Jul 30, 2026 5.12%

Check overlap with more funds →

Side by side

SCHP Schwab U.S. TIPS ETF VBIL Vanguard 0-3 Month Treasury Bill ETF

Where it sits Bond ETF Bond ETF

Issuer Schwab Vanguard

What it is Tracks an index of US TIPS Tracks an index of 0-3 Month Treasury Bill

Total return, 1 year −0.8% +3.7%

Its benchmark over the same days −1.4% (AGG) not measured

Gap to its benchmark +0.6 pts vs AGG not measured

Expense ratio 0.03% 0.06%

Holdings 48 28

Net assets, SCHP as of Jun 30, 2026 and VBIL as of Sep 30, 2026 $16.5bn $12.8bn

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

Client brief · page 1 of 2 Report BR-DE17D03C50

SCHP and VBIL do different jobs. What does each one do in a portfolio?

What each follows. SCHP follows US TIPS and VBIL follows Bloomberg U.S. Treasury Bills 0-3 Months Index.
Holdings in common. 0% of the weight is in the same securities (holdings dated Jun 30, 2026).
One-year total return. Over 1 year to Oct 28, 2026 SCHP returned −0.8% and VBIL +3.7% with distributions reinvested, a gap of 4.5 points.

Data as of Oct 28, 2026.

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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.

VBIL

VBIL tracks an index of 0-3 Month Treasury Bill. Over the year to Oct 28, 2026 it returned +3.7% with distributions reinvested. The prospectus expense ratio is 0.06% a year.

Questions people ask

Which returned more over the last year, SCHP or VBIL?: In the year to Oct 28, 2026, with distributions reinvested, SCHP returned −0.8% and VBIL +3.7%.
Which is cheaper, SCHP or VBIL?: SCHP is cheaper, by 0.03 percentage points a year. That is about $3 on $10,000 held for a year. Fees come from each fund's prospectus.

Other comparisons

BIL vs SCHP SCHP vs SGOV BOXX vs SCHP MINT vs SCHP TIP vs VBIL BINC vs VBIL EMB vs VBIL VBIL vs VTIP

Where to next

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

Sources and dates

SCHP filings on SEC EDGAR ↗

SCHP prospectus with the expense ratio (SEC) ↗

Schwab website ↗

VBIL filings on SEC EDGAR ↗

VBIL prospectus with the expense ratio (SEC) ↗

Vanguard page for VBIL ↗

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 VBIL, data as of Oct 28, 2026. https://etfiq.com/compare/any/schp-vs-vbil

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