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SCHOvsTIPETF Comparison

ETF 1

SCHO

Schwab Short-Term U.S. Treasury ETF

This fund is part of

US Government Bonds

+0.11%

Full SCHO fund page

VS

ETF 2

TIP

iShares TIPS Bond ETF

This fund is part of

Inflation-linked Bonds

+0.03%

Full TIP fund page

Schwab Short-Term U.S. Treasury ETF (SCHO) belongs to the US Government Bonds segment. iShares TIPS Bond ETF (TIP) is part of the Inflation-linked Bonds segment. SCHO's top 1 sector exposures are Sovereign. In contrast, TIP's top sector exposures are Sovereign and Non-Corporate. SCHO is less expensive with a Total Expense Ratio (TER) of 0.03%, versus 0.18% for TIP. SCHO is up 1.1% year-to-date (YTD) with +$3.48B in YTD flows. TIP performs worse with -0.01% YTD performance, and +$1.26B in YTD flows. Run a side-by-side ETF comparison of SCHO and TIP below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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SCHO vs TIP performance and flow charts

Performance

Cumulative Flows

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Data Services

Historic performance and flows

Data as of 10/26/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	SCHO TIP	+0.74%+2.08%	+0.46%-0.31%	+1.10%-0.01%	+1.75%-0.88%	+12.99%+14.21%	+10.52%n/a
Flows	SCHO TIP	+$291M-$19M	+$2.91B+$261M	+$3.48B+$1.26B	+$4.39B+$1.22B	+$3.56B-$5.86B	+$7.21B-

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	SCHO TIP	+1.42%+4.13%	+1.29%+3.49%	+1.57%+4.37%	+1.97%n/a
Max drawdown	SCHO TIP	-0.91%-3.42%	-0.91%-3.85%	-0.96%-3.85%	-5.38%n/a
Max drawdown duration	SCHO TIP	62d62d	62d239d	122d239d	795dn/a

Trading data

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	SCHO	TIP
Last sale 10/27/2026 at 1:30 PM	$23.94	$106.31
Previous close 10/26/2026	$23.94	$106.31
Consolidated volume 10/26/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of September 30, 2026

1-year trailing difference

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	SCHO	TIP
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 10/27/2026 at 1:30 PM

Live

Closed

	SCHO	TIP
Last price	$23.94	$106.31
1D performance	+0.00%	+0.00%
AuM	$15.61 B	$14.63 B
E/R	0.03%	0.18%

Characteristics

	SCHO	TIP
Management strategy	Passive	Passive
Provider	Schwab ETFs	iShares
Benchmark	Bloomberg US Treasury 1-3 Year Index	ICE US Treasury Inflation Linked Bond Index
N° of holdings	96	50
Asset class	Fixed Income	Fixed Income
Trailing 12m distribution yield	Join	Join
Inception date	August 5, 2010	January 2, 2023
ESG	No	No

More SCHO data on Trackinsight

More TIP data on Trackinsight

Exposure

Countries

SCHO

USA

100%

Other

0%

TIP

USA

100.4%

Other

-0.4%

Sectors

SCHO

Sovereign

100%

Other

0%

TIP

Sovereign

99.94%

Other

0.06%

Diversification

SCHO

Total weight of top 15 holdings out of 15

21.2%

TIP

Total weight of top 15 holdings out of 15

52.34%

Top 15 holdings

Data as of August 31, 2026

SCHO

USA, Notes 3.5% 31jan2028, USD (U-2028)

2.20%

USA, Notes 4.625% 30apr2029, USD (Y-2029)

1.38%

USA, Notes 4.5% 31may2029, USD (Z-2029)

1.37%

USA, Notes 4.25% 31jul2028, USD (BE-2028)

1.37%

USA, Notes 4.25% 30jun2029, USD (AA-2029)

1.36%

USA, Notes 4.125% 30jun2028, USD (BD-2028)

1.36%

USA, Notes 4% 31may2028, USD (BC-2028)

1.36%

USA, Notes 3.875% 31mar2028, USD (AZ-2028)

1.36%

USA, Notes 3.5% 30sep2027, USD (BH-2027)

1.36%

USA, Notes 4% 31jul2029, USD (AB-2029)

1.36%

USA, Notes 3.75% 30apr2028, USD (BA-2028)

1.36%

USA, Notes 3.375% 30nov2027, USD (BL-2027)

1.35%

USA, Notes 3.375% 31dec2027, USD (BM-2027)

1.35%

USA, Notes 3.375% 29feb2028, USD (AY-2028)

1.35%

USA, Notes 4.125% 31mar2029, USD (W-2029)

1.32%

TIP

USA, TIPS 1.875% 15jul2035, USD (D-2035)

4.10%

USA, TIPS 2.125% 15jan2035, USD (A-2035)

4.02%

USA, TIPS 1.875% 15jan2036, USD (A-2036)

4.02%

USA, TIPS 1.875% 15jul2034, USD (D-2034)

3.77%

USA, TIPS 1.75% 15jan2034, USD (A-2034)

3.57%

USA, TIPS 1.25% 15apr2031, USD (X-2031)

3.41%

USA, TIPS 1.125% 15oct2030, USD (AE-2030)

3.40%

USA, TIPS 1.625% 15apr2030, USD (X-2030)

3.35%

USA, TIPS 1.125% 15jan2033, USD (A-2033)

3.34%

USA, TIPS 1.375% 15jul2033, USD (D-2033)

3.31%

USA, TIPS 0.625% 15jul2032, USD (D-2032)

3.30%

USA, TIPS 1.625% 15oct2029, USD (AE-2029)

3.28%

USA, TIPS 2.125% 15apr2029, USD (X-2029)

3.17%

USA, TIPS 2.375% 15oct2028, USD (AE-2028)

3.16%

USA, TIPS 0.125% 15jan2032, USD (A-2032)

3.13%

Frequently asked questions about SCHO and TIP

How have the SCHO and TIP ETFs performed in 2026?

As of October 26, 2026, SCHO is up 1.1% year-to-date (YTD), while TIP has lost -0.01%. That puts SCHO better performer ahead so far this year.

Which ETF is attracting more investor money: SCHO or TIP?

Year-to-date, the SCHO ETF saw +$3.48B in flows, compared to +$1.26B for TIP.

Which ETF is more volatile: SCHO or TIP?

Over the past year, SCHO had a volatility of 1.29%, while TIP experienced 3.49%.

Which ETF is bigger: SCHO or TIP?

As of October 26, 2026, SCHO holds $15.61 B in assets under management (AUM), while TIP manages $14.63 B.

What sectors do the SCHO and TIP ETFs invest in?

SCHO leans toward sectors like Sovereign. Meanwhile, TIP focuses on Sovereign.

What are the top holdings of the SCHO ETF and TIP ETF?

SCHO top holdings include USA, Notes 3.5% 31jan2028, USD (U-2028), USA, Notes 4.625% 30apr2029, USD (Y-2029) and USA, Notes 4.5% 31may2029, USD (Z-2029). TIP holds in its top three: USA, TIPS 1.875% 15jul2035, USD (D-2035), USA, TIPS 2.125% 15jan2035, USD (A-2035) and USA, TIPS 1.875% 15jan2036, USD (A-2036).

SCHOvsTIPETF Comparison

Schwab Short-Term U.S. Treasury ETF

iShares TIPS Bond ETF

SCHO vs TIP performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

How have the SCHO and TIP ETFs performed in 2026?

As of October 26, 2026, SCHO is up 1.1% year-to-date (YTD), while TIP has lost -0.01%. That puts SCHO better performer ahead so far this year.

Which ETF is attracting more investor money: SCHO or TIP?

Year-to-date, the SCHO ETF saw +$3.48B in flows, compared to +$1.26B for TIP.

Which ETF is more volatile: SCHO or TIP?

Over the past year, SCHO had a volatility of 1.29%, while TIP experienced 3.49%.

Which ETF is bigger: SCHO or TIP?

As of October 26, 2026, SCHO holds $15.61 B in assets under management (AUM), while TIP manages $14.63 B.

What sectors do the SCHO and TIP ETFs invest in?

SCHO leans toward sectors like Sovereign. Meanwhile, TIP focuses on Sovereign.

What are the top holdings of the SCHO ETF and TIP ETF?

Which ETF is more diversified: SCHO or TIP?

SCHO holds 96 securities with 21.2% of its assets in the top 15. TIP has 50 securities and a top 15 weight of 52.34%.

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