ETF comparison

SCHP vs TIP

Both TIPS.

Schwab U.S. TIPS ETF · iShares TIPS Bond ETF

Holdings overlap

Weighted by ISIN/CUSIP
98.2 %

48 positions appear in both funds. Buying equal dollars of SCHP and TIP would leave roughly 98.2% of each dollar exposed to the same underlying securities.

SCHP only 1.4% Shared 98.2% TIP only 1.5%
In SCHP only
1 positions
Shared
48 positions
In TIP only
1 positions

Side by side

SCHP

Schwab U.S. TIPS ETF

Schwab · TIPS

83 composite / 100
Expense ratio
0.030%
Net assets
$16.52B
TTM yield
4.49%
Top-10 conc.
36.1%
TIP

iShares TIPS Bond ETF

iShares · TIPS

77 composite / 100
Expense ratio
0.18%
Net assets
$14.70B
TTM yield
4.44%
Top-10 conc.
35.7%

Sub-score comparison

97
Cost
82
49
Tax efficiency
49
100
Liquidity
100
63
Concentration
63
Tracking quality
SCHP sub-score TIP

Tracking quality isn't part of the composite — see what we don't score for why.

Cost difference

SCHP is 15 bps cheaper than TIP. On a $100,000 position that's about $150/yr more in fees for TIP.

Fee figure is the annual expense charged on $100,000. To see how the gap compounds over a multi-decade holding period, open the cost calculator pre-filled with SCHP vs TIP.

Top shared holdings

48 shared in total
# Holding In SCHP In TIP Overlap
1 United States Treasury 4.12% 4.08% 4.08%
2 United States Treasury 4.07% 4.02% 4.02%
3 United States Treasury 3.83% 3.78% 3.78%
4 United States Treasury 3.65% 3.61% 3.61%
5 United States Treasury 3.46% 3.42% 3.42%
6 United States Treasury 3.44% 3.39% 3.39%
7 United States Treasury 3.41% 3.37% 3.37%
8 United States Treasury 3.39% 3.35% 3.35%
9 United States Treasury 3.38% 3.34% 3.34%
10 United States Treasury 3.33% 3.29% 3.29%
11 United States Treasury 3.18% 3.18% 3.18%
12 United States Treasury 3.22% 3.17% 3.17%

Only in SCHP

1 total
  • State Street Institutional US Government Money Market Fund 0.00%

Only in TIP

1 total
  • BlackRock Funds III 0.26%

Open SCHP or TIP at a brokerage

Both funds trade commission-free at major US brokerages.

Affiliate links — opening an account through these earns PlainIndex a one-time referral. Scoring is computed before any affiliate consideration; see our methodology and funding disclosure.

Holdings overlap is the sum of min(weight_a, weight_b) over positions matched on ISIN (CUSIP fallback). Methodology: see /methodology/.

Comparing two funds doesn't endorse swapping one for the other. Tax-lot history, account type, and personal goals matter — PlainIndex publishes data and methodology, not investment advice.