SCHPvsGOVTETF Comparison

ETF 1

SCHP

Schwab U.S. TIPS ETF

This fund is part of

Inflation-linked Bonds

+0.21%

Full SCHP fund page

ETF 2

GOVT

iShares U.S. Treasury Bond ETF

This fund is part of

US Government Bonds

+0.07%

Full GOVT fund page

Schwab U.S. TIPS ETF (SCHP) belongs to the Inflation-linked Bonds segment. iShares U.S. Treasury Bond ETF (GOVT) is part of the US Government Bonds segment. SCHP's top 1 sector exposures are Sovereign. In contrast, GOVT's top sector exposures are Sovereign and Non-Corporate. SCHP is less expensive with a Total Expense Ratio (TER) of 0.03%, versus 0.05% for GOVT. SCHP is down -0.56% year-to-date (YTD) with +$2.29B in YTD flows. GOVT performs worse with -1.41% YTD performance, and +$10.59B in YTD flows. Run a side-by-side ETF comparison of SCHP and GOVT 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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SCHP vs GOVT performance and flow charts

Performance

Cumulative Flows

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Data Services

Historic performance and flows

Data as of 10/16/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	SCHP GOVT	+0.20%+0.16%	-1.46%-1.39%	-0.56%-1.41%	-1.33%-1.80%	+13.44%+11.75%	+0.48%-3.89%
Flows	SCHP GOVT	+$302M+$926M	+$350M-$389M	+$2.29B+$10.59B	+$2.54B+$14.11B	+$4.83B+$19.43B	-$910M+$31.18B

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	SCHP GOVT	+3.86%+3.83%	+3.40%+3.56%	+4.39%+4.67%	+5.99%+5.68%
Max drawdown	SCHP GOVT	-3.40%-2.85%	-3.86%-4.44%	-3.86%-4.87%	-14.24%-16.15%
Max drawdown duration	SCHP GOVT	52d52d	159d229d	159d318d	1442d1776d

Trading data

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	SCHP	GOVT
Last sale 10/16/2026 at 1:30 PM	$25.45	$22.08
Previous close 10/15/2026	$25.39	$22.05
Consolidated volume 10/15/2026
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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	SCHP	GOVT
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 10/16/2026 at 1:30 PM

Live

Closed

	SCHP	GOVT
Last price	$25.45	$22.08
1D performance	+0.24%	+0.14%
AuM	$16.27 B	$42.35 B
E/R	0.03%	0.05%

Characteristics

	SCHP	GOVT
Management strategy	Passive	Passive
Provider	Schwab ETFs	iShares
Benchmark	Bloomberg U.S. Treasury Inflation Protected Securities (TIPS) Index	ICE US Treasury Core Bond Index
N° of holdings	48	218
Asset class	Bonds	Bonds
Trailing 12m distribution yield	Join	Join
Inception date	August 5, 2010	February 14, 2012
ESG	No	No

More SCHP data on Trackinsight

More GOVT data on Trackinsight

Exposure

Countries

SCHP

USA

100%

Other

-0%

GOVT

USA

99.58%

Other

0.42%

Sectors

SCHP

Sovereign

100%

Other

-0%

GOVT

Sovereign

98.85%

Other

1.15%

Diversification

SCHP

Total weight of top 15 holdings out of 15

52.79%

GOVT

Total weight of top 15 holdings out of 15

26.71%

Top 15 holdings

Data as of August 31, 2026

SCHP

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

4.10%

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

4.06%

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

4.02%

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

3.79%

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

3.63%

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

3.44%

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

3.40%

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

3.39%

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

3.38%

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

3.36%

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

3.36%

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

3.33%

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

3.21%

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

3.18%

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

3.15%

GOVT

USA, Notes 1.375% 15nov2031, USD (F-2031)

5.28%

USA, Notes 2.625% 15feb2029, USD (B-2029)

2.96%

USA, Notes 3.125% 15nov2028, USD (F-2028)

2.10%

USA, Notes 2.75% 15feb2028, USD (B-2028)

1.93%

USA, Notes 2.875% 15may2028, USD (C-2028)

1.63%

USA, Bonds 2.5% 15may2046, USD

1.51%

USA, Bonds 2.75% 15nov2042, USD

1.49%

USA, Bonds 6.125% 15nov2027, USD

1.40%

USA, Bonds 3.75% 15nov2043, USD

1.39%

USA, Notes 2.25% 15nov2027, USD (F-2027)

1.37%

USA, Bonds 1.875% 15feb2051, USD

1.34%

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

1.21%

USA, Notes 2.375% 15may2029, USD (C-2029)

1.08%

USA, Notes 4% 31may2030, USD (Z-2030)

1.02%

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

0.99%

Frequently asked questions about SCHP and GOVT

How have the SCHP and GOVT ETFs performed in 2026?

As of October 16, 2026, SCHP is down -0.56% year-to-date (YTD), while GOVT has lost -1.41%. That puts SCHP better performer ahead so far this year.

Which ETF is attracting more investor money: SCHP or GOVT?

Year-to-date, the SCHP ETF saw +$2.29B in flows, compared to +$10.59B for GOVT.

Which ETF is more volatile: SCHP or GOVT?

Over the past year, SCHP had a volatility of 3.4%, while GOVT experienced 3.56%.

Which ETF is bigger: SCHP or GOVT?

As of October 16, 2026, SCHP holds $16.27 B in assets under management (AUM), while GOVT manages $42.35 B.

What sectors do the SCHP and GOVT ETFs invest in?

SCHP leans toward sectors like Sovereign. Meanwhile, GOVT focuses on Sovereign.

What are the top holdings of the SCHP ETF and GOVT ETF?

SCHP top holdings include 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). GOVT holds in its top three: USA, Notes 1.375% 15nov2031, USD (F-2031), USA, Notes 2.625% 15feb2029, USD (B-2029) and USA, Notes 3.125% 15nov2028, USD (F-2028).

SCHPvsGOVTETF Comparison

Schwab U.S. TIPS ETF

iShares U.S. Treasury Bond ETF

SCHP vs GOVT 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 SCHP and GOVT ETFs performed in 2026?

As of October 16, 2026, SCHP is down -0.56% year-to-date (YTD), while GOVT has lost -1.41%. That puts SCHP better performer ahead so far this year.

Which ETF is attracting more investor money: SCHP or GOVT?

Year-to-date, the SCHP ETF saw +$2.29B in flows, compared to +$10.59B for GOVT.

Which ETF is more volatile: SCHP or GOVT?

Over the past year, SCHP had a volatility of 3.4%, while GOVT experienced 3.56%.

Which ETF is bigger: SCHP or GOVT?

As of October 16, 2026, SCHP holds $16.27 B in assets under management (AUM), while GOVT manages $42.35 B.

What sectors do the SCHP and GOVT ETFs invest in?

SCHP leans toward sectors like Sovereign. Meanwhile, GOVT focuses on Sovereign.

What are the top holdings of the SCHP ETF and GOVT ETF?

Which ETF is more diversified: SCHP or GOVT?

SCHP holds 48 securities with 52.79% of its assets in the top 15. GOVT has 219 securities and a top 15 weight of 26.71%.

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