SCHP vs TIP: Yield, Cost and Returns Compared
As of Nov 5, 2026, SCHP yields more: 4.56% (dividend yield) against 4.09% for TIP. SCHP is cheaper to own at 0.03% a year vs 0.18%. Over the same 16 years (Aug 2010 to Oct 2026), SCHP returned 2.6% a year with distributions reinvested, and TIP 2.6%.
| Compared | SCHP | TIP |
|---|---|---|
| YieldDividend yield | 4.56% | 4.09% |
| Expense ratio | 0.03% | 0.18% |
| Total return, 1 yr | +0.1% | −0.0% |
| Total return, 3 yr (a year) | +4.9% | +4.7% |
| Total return, 5 yr (a year) | +0.3% | +0.1% |
| Total return, 10 yr (a year) | +2.4% | +2.3% |
| Worst drop since Aug 2010 | -13.8% | -13.9% |
| Share price since Aug 2010 | +1% | −1% |
| Pays | Monthly | Monthly |
| Issuer | Schwab | iShares |
| Assets | $17.5B | $14.6B |
| Started | 2010 | 2003 |
| Type | Inflation-Protected Bond | Inflation-Protected Bond |
Higher yield
SCHP
4.56%
Lower cost
SCHP
0.03%
Better total return
SCHP
2.6%/yr
Smaller worst drop
SCHP
-13.8%
Key facts: SCHP vs TIP
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, SCHP yields 4.56% (dividend yield) and TIP yields 4.09% (dividend yield).
- SCHP's expense ratio is 0.03% and TIP's is 0.18%: $3 vs $18 a year on $10,000.
- From Aug 2010 to Oct 2026, $10,000 in SCHP grew to $15,219 (2.6% a year) and $10,000 in TIP to $15,034 (2.6% a year), distributions reinvested.
- Their worst month-end drops over that time: -13.8% for SCHP and -13.9% for TIP.
Cite this page
SmarterDividends, "SCHP vs TIP: Yield, Cost and Returns Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/schp-vs-tip
$10,000 in each, Aug 2010 to Oct 2026
Distributions reinvested, month-end values, with the S&P 500 for reference.
SCHP became
$15,219
2.6% a year
TIP became
$15,034
2.6% a year
Year by year
| Year | SCHP | TIP |
|---|---|---|
| 2025 | +6.7% | +6.8% |
| 2024 | +2.0% | +1.7% |
| 2023 | +3.9% | +3.8% |
| 2022 | −12.0% | −12.3% |
| 2021 | +5.9% | +5.7% |
| 2020 | +10.8% | +10.8% |
| 2019 | +8.5% | +8.3% |
| 2018 | −1.4% | −1.4% |
| 2017 | +3.0% | +2.9% |
| 2016 | +4.6% | +4.7% |
| 2015 | −1.8% | −1.8% |
| 2014 | +4.0% | +3.6% |
| 2013 | −8.8% | −8.5% |
| 2012 | +6.5% | +6.4% |
| 2011 | +13.4% | +13.3% |
Total return each calendar year, distributions reinvested.
SCHP vs TIP: questions
Is SCHP or TIP better?
It depends on the job. SCHP pays more today (4.56% vs 4.09%), SCHP costs less, and SCHP has the better total return over Aug 2010 to Oct 2026, with SCHP holding up better in its worst stretch. For income, look at yield and whether the payouts hold up; for growth, total return and drawdowns.
Which pays a higher dividend, SCHP or TIP?
SCHP, at 4.56% against 4.09% for TIP as of Nov 5, 2026. On $10,000 that's about $456 vs $409 a year at today's rates.
Which has the better total return?
SCHP. From Aug 2010 to Oct 2026, it returned 2.6% a year with distributions reinvested, against 2.6% for TIP. $10,000 became $15,219 vs $15,034.
Which is cheaper, SCHP or TIP?
SCHP, with a 0.03% expense ratio against 0.18%.
Yields, costs and holdings as each fund reports them (via Yahoo Finance), updated daily; returns from month-end prices with distributions reinvested. SCHP leads on 8 of 8 measures above. For information only, not investment advice. Last fund data: Nov 5, 2026.