Schwab U.S. TIPS ETF
Summary
Objective
The fund's goal is to track as closely as possible, before fees and expenses, the total return of the Bloomberg Barclays US Treasury Inflation-Linked Bond Index (Series-L).
Highlights
- A straightforward, low-cost fund offering potential tax-efficiency
- The Fund can serve as part of the core of a diversified portfolio
- Simple access to the U.S. Treasury Inflation Protected Securities (TIPS) market
- Invests in the overall maturity spectrum of the U.S. TIPS market
Fund Details
Quote Details
- Bid/Ask Midpoint$60.21As of 07/02/2020
- Premium/Discount0.13%As of 07/02/2020
- Previous Close Value$60.05
- Today's Opening Value$60.03
- Today's Volume (shares)886,561
Fund Profile
| Fund Inception | 08/05/2010 | |
|---|---|---|
| Total Net Assets As of 07/01/2020 |
07/01/2020 | $10,636,431,602.42 |
| Expense Ratio | 0.050% | |
| Index Name | Bloomberg Barclays US Treasury Inflation-Linked Bond Index (Series-L) | |
| Shares Outstanding As of 07/01/2020 |
07/01/2020 | 177,400,000 |
| NAV As of 07/01/2020 |
07/01/2020 | $59.96 |
| Total Holdings As of 07/02/2020 |
07/02/2020 | 43 |
| Portfolio Turnover Rate As of 05/31/2020 |
05/31/2020 | 23.23% |
| Morningstar Category | Inflation-Protected Bond | |
| Management Style | Passive |
Yields
| SEC Yield (30 Day) As of 06/30/2020 |
06/30/2020 | -6.99% |
|---|---|---|
| Distribution Yield (TTM) As of 05/31/2020 |
05/31/2020 | 1.86% |
| Average Yield to Maturity As of 03/31/2020 |
03/31/2020 | 0.64% |
Fund Characteristics
| Weighted Average Maturity As of 03/31/2020 |
03/31/2020 | 8.3 years |
|---|---|---|
| Weighted Average Coupon As of 03/31/2020 |
03/31/2020 | 0.70% |
| Effective Duration As of 03/31/2020 |
03/31/2020 | 7.8 years |
| Standard Deviation (3 Yr) As of 05/31/2020 |
05/31/2020 | 3.72% |
Performance
Total Return
Monthly
-
SCHP Market Price
Cumulative Returns (%)
- 1 Month
- +0.49
- 3 Month
- +1.70
- YTD
- +4.82
Annualized Returns (%)
- 1 Year
- +8.05
- 3 Year
- +4.31
- 5 Year
- +3.32
- 10 Year
- --
- Inception
- +3.36
-
SCHP NAV
Cumulative Returns (%)
- 1 Month
- +0.32
- 3 Month
- +1.26
- YTD
- +4.83
Annualized Returns (%)
- 1 Year
- +7.98
- 3 Year
- +4.27
- 5 Year
- +3.27
- 10 Year
- --
- Inception
- +3.35
-
Bloomberg Barclays US Treasury Inflation-Linked Bond Index (Series-L) (Index)
Cumulative Returns (%)
- 1 Month
- +0.30
- 3 Month
- +1.28
- YTD
- +4.84
Annualized Returns (%)
- 1 Year
- +8.00
- 3 Year
- +4.33
- 5 Year
- +3.32
- 10 Year
- +3.55
-
Inflation-Protected Bond (Morningstar Category)
Cumulative Returns (%)
- 1 Month
- +0.73
- 3 Month
- +0.79
- YTD
- +3.41
Annualized Returns (%)
- 1 Year
- +6.27
- 3 Year
- +3.57
- 5 Year
- +2.66
- 10 Year
- +2.90
| Description | Cumulative Returns (%) | Annualized Returns (%) | |||||||
|---|---|---|---|---|---|---|---|---|---|
| 1 Month | 3 Month | YTD | 1 Year | 3 Year | 5 Year | 10 Year | Inception | ||
| SCHP Market Price | +0.49 | +1.70 | +4.82 | +8.05 | +4.31 | +3.32 | -- | +3.36 | |
| SCHP NAV | +0.32 | +1.26 | +4.83 | +7.98 | +4.27 | +3.27 | -- | +3.35 | |
| Bloomberg Barclays US Treasury Inflation-Linked Bond Index (Series-L) (Index) | +0.30 | +1.28 | +4.84 | +8.00 | +4.33 | +3.32 | +3.55 | ||
| Inflation-Protected Bond (Morningstar Category) | +0.73 | +0.79 | +3.41 | +6.27 | +3.57 | +2.66 | +2.90 | ||
Annualized returns for periods 1 yr+/cumulative returns for periods less than 1 yr.
The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the performance quoted.
Quarterly
-
SCHP Market Price
Average Annual Returns (%)
- 1 Year
- +6.70
- 3 Year
- +3.39
- 5 Year
- +2.58
- 10 Year
- --
- Inception
- +3.08
-
SCHP NAV
Average Annual Returns (%)
- 1 Year
- +6.81
- 3 Year
- +3.41
- 5 Year
- +2.60
- 10 Year
- --
- Inception
- +3.08
-
Bloomberg Barclays US Treasury Inflation-Linked Bond Index (Series-L) (Index)
Average Annual Returns (%)
- 1 Year
- +6.85
- 3 Year
- +3.46
- 5 Year
- +2.67
- 10 Year
- +3.48
-
Inflation-Protected Bond (Morningstar Category)
Average Annual Returns (%)
- 1 Year
- +4.37
- 3 Year
- +2.49
- 5 Year
- +1.91
- 10 Year
- +2.78
| Description | Average Annual Returns (%) | |||||
|---|---|---|---|---|---|---|
| 1 Year | 3 Year | 5 Year | 10 Year | Inception | ||
| SCHP Market Price | +6.70 | +3.39 | +2.58 | -- | +3.08 | |
| SCHP NAV | +6.81 | +3.41 | +2.60 | -- | +3.08 | |
| Bloomberg Barclays US Treasury Inflation-Linked Bond Index (Series-L) (Index) | +6.85 | +3.46 | +2.67 | +3.48 | ||
| Inflation-Protected Bond (Morningstar Category) | +4.37 | +2.49 | +1.91 | +2.78 | ||
Annualized returns for periods 1 yr+/cumulative returns for periods less than 1 yr.
The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the performance quoted.
After Tax Returns
Pre-Liquidation
SCHP NAV Return
-
SEC Pre-Liquidation
Average Annual Returns (%)
- 1 Year
- +5.94
- 3 Year
- +2.48
- 5 Year
- +1.90
- 10 Year
- --
- Inception
- +2.45
-
SEC Post-Liquidation
Average Annual Returns (%)
- 1 Year
- +4.02
- 3 Year
- +2.20
- 5 Year
- +1.68
- 10 Year
- --
- Inception
- +2.12
-
Tax Cost Ratio
Average Annual Returns (%)
- 1 Year
- +0.82
- 3 Year
- +0.90
- 5 Year
- +0.68
- 10 Year
- --
- Inception
- +0.62
| Description | Average Annual Returns (%) | |||||
|---|---|---|---|---|---|---|
| 1 Year | 3 Year | 5 Year | 10 Year | Inception | ||
| SEC Pre-Liquidation | +5.94 | +2.48 | +1.90 | -- | +2.45 | |
| SEC Post-Liquidation | +4.02 | +2.20 | +1.68 | -- | +2.12 | |
| Tax Cost Ratio | +0.82 | +0.90 | +0.68 | -- | +0.62 | |
After tax returns are based on highest Federal income tax bracket. State taxes are not included. Pre-liquidation figures include taxes on fund's distributions of dividends and capital gains. Tax Cost Ratio represents the percentage-point reduction in returns that results from Federal income taxes (before shares in the fund are sold, and assuming the highest Federal tax bracket).
Inflation-Protected Bond NAV Returns (Morningstar Category)
-
SEC Pre-Liquidation
Average Annual Returns (%)
- 1 Year
- +3.24
- 3 Year
- +1.49
- 5 Year
- +1.11
- 10 Year
- +1.80
-
SEC Post-Liquidation
Average Annual Returns (%)
- 1 Year
- +2.43
- 3 Year
- +1.44
- 5 Year
- +1.09
- 10 Year
- +1.78
-
Tax Cost Ratio
Average Annual Returns (%)
- 1 Year
- --
- 3 Year
- --
- 5 Year
- --
- 10 Year
- --
| Description | Average Annual Returns (%) | |||||
|---|---|---|---|---|---|---|
| 1 Year | 3 Year | 5 Year | 10 Year | Inception | ||
| SEC Pre-Liquidation | +3.24 | +1.49 | +1.11 | +1.80 | ||
| SEC Post-Liquidation | +2.43 | +1.44 | +1.09 | +1.78 | ||
| Tax Cost Ratio | -- | -- | -- | -- | ||
Post-Liquidation
SCHP NAV Return
-
SEC Pre-Liquidation
Average Annual Returns (%)
- 1 Year
- +5.94
- 3 Year
- +2.48
- 5 Year
- +1.90
- 10 Year
- --
- Inception
- +2.45
-
SEC Post-Liquidation
Average Annual Returns (%)
- 1 Year
- +4.02
- 3 Year
- +2.20
- 5 Year
- +1.68
- 10 Year
- --
- Inception
- +2.12
-
Tax Cost Ratio
Average Annual Returns (%)
- 1 Year
- +0.82
- 3 Year
- +0.90
- 5 Year
- +0.68
- 10 Year
- --
- Inception
- +0.62
| Description | Average Annual Returns (%) | |||||
|---|---|---|---|---|---|---|
| 1 Year | 3 Year | 5 Year | 10 Year | Inception | ||
| SEC Pre-Liquidation | +5.94 | +2.48 | +1.90 | -- | +2.45 | |
| SEC Post-Liquidation | +4.02 | +2.20 | +1.68 | -- | +2.12 | |
| Tax Cost Ratio | +0.82 | +0.90 | +0.68 | -- | +0.62 | |
After tax returns are based on highest Federal income tax bracket. State taxes are not included. Pre-liquidation figures include taxes on fund's distributions of dividends and capital gains. Tax Cost Ratio represents the percentage-point reduction in returns that results from Federal income taxes (before shares in the fund are sold, and assuming the highest Federal tax bracket).
Inflation-Protected Bond NAV Returns (Morningstar Category)
-
SEC Pre-Liquidation
Average Annual Returns (%)
- 1 Year
- +3.24
- 3 Year
- +1.49
- 5 Year
- +1.11
- 10 Year
- +1.80
-
SEC Post-Liquidation
Average Annual Returns (%)
- 1 Year
- +2.43
- 3 Year
- +1.44
- 5 Year
- +1.09
- 10 Year
- +1.78
-
Tax Cost Ratio
Average Annual Returns (%)
- 1 Year
- --
- 3 Year
- --
- 5 Year
- --
- 10 Year
- --
| Description | Average Annual Returns (%) | |||||
|---|---|---|---|---|---|---|
| 1 Year | 3 Year | 5 Year | 10 Year | Inception | ||
| SEC Pre-Liquidation | +3.24 | +1.49 | +1.11 | +1.80 | ||
| SEC Post-Liquidation | +2.43 | +1.44 | +1.09 | +1.78 | ||
| Tax Cost Ratio | -- | -- | -- | -- | ||
Cumulative Growth of a $10,000 Investment
| SCHP (Fund) | $13,610 | |
|---|---|---|
| Bloomberg Barclays US Treasury Inflation-Linked Bond Index (Series-L) (Index) | $13,720 | |
| Inflation-Protected Bond (Morningstar Category) | $12,725 | |
| Worst Three Months Return (4/30/2013 - 7/31/2013) | -7.11 | |
| Best Three Months Return (5/31/2011 - 8/31/2011) | +5.59 |
This graph represents the growth of a hypothetical investment of $10,000. It assumes reinvestment of dividends and capital gains, and does not reflect sales loads, redemption fees or the effects of taxes on any capital gains and/or distributions. If the inception date of the Index is less than the time period shown above, the Since Inception period is shown. Best and Worst Return cover the timeframe of the chart.
Price Performance
Tracking Difference
Schwab U.S. TIPS ETF
| Schwab U.S. TIPS ETF | ||
|---|---|---|
| Bloomberg Barclays US Treasury Inflation-Linked Bond Index (Series-L) |
Period: 06/02/2020 to 07/02/2020
Schwab U.S. TIPS ETF
| Schwab U.S. TIPS ETF | ||
|---|---|---|
| Bloomberg Barclays US Treasury Inflation-Linked Bond Index (Series-L) |
Period: 04/02/2020 to 07/02/2020
Schwab U.S. TIPS ETF
| Schwab U.S. TIPS ETF | ||
|---|---|---|
| Bloomberg Barclays US Treasury Inflation-Linked Bond Index (Series-L) |
Period: 01/02/2020 to 07/02/2020
Schwab U.S. TIPS ETF
| Schwab U.S. TIPS ETF | ||
|---|---|---|
| Bloomberg Barclays US Treasury Inflation-Linked Bond Index (Series-L) |
Period: 01/01/2020 to 07/02/2020
Schwab U.S. TIPS ETF
| Schwab U.S. TIPS ETF | ||
|---|---|---|
| Bloomberg Barclays US Treasury Inflation-Linked Bond Index (Series-L) |
Period: 07/02/2019 to 07/02/2020
Schwab U.S. TIPS ETF
| Schwab U.S. TIPS ETF | ||
|---|---|---|
| Bloomberg Barclays US Treasury Inflation-Linked Bond Index (Series-L) |
Period: 07/02/2017 to 07/02/2020
Schwab U.S. TIPS ETF
| Schwab U.S. TIPS ETF | ||
|---|---|---|
| Bloomberg Barclays US Treasury Inflation-Linked Bond Index (Series-L) |
Period: 07/02/2015 to 07/02/2020
Schwab U.S. TIPS ETF
| Schwab U.S. TIPS ETF | ||
|---|---|---|
| Bloomberg Barclays US Treasury Inflation-Linked Bond Index (Series-L) |
Period: 08/05/2010 to 07/02/2020
| Performance Difference | -0.03% | |
|---|---|---|
| Fund Return | 1.43% | |
| Index Return | 1.46% | |
| Management Fees | 0.05% |
| Performance Difference | -0.01% | |
|---|---|---|
| Fund Return | 2.94% | |
| Index Return | 2.96% | |
| Management Fees | 0.05% |
| Performance Difference | -0.02% | |
|---|---|---|
| Fund Return | 5.81% | |
| Index Return | 5.83% | |
| Management Fees | 0.05% |
| Performance Difference | -0.03% | |
|---|---|---|
| Fund Return | 6.20% | |
| Index Return | 6.22% | |
| Management Fees | 0.05% |
| Performance Difference | -0.04% | |
|---|---|---|
| Fund Return | 8.59% | |
| Index Return | 8.63% | |
| Management Fees | 0.05% |
| Performance Difference | -0.05% | |
|---|---|---|
| Fund Return | 5.08% | |
| Index Return | 5.13% | |
| Management Fees | 0.05% |
| Performance Difference | -0.06% | |
|---|---|---|
| Fund Return | 3.79% | |
| Index Return | 3.85% | |
| Management Fees | 0.05% |
| Performance Difference | -0.08% | |
|---|---|---|
| Fund Return | 3.44% | |
| Index Return | 3.52% | |
| Management Fees | 0.05% |
| Gross Expense Ratio | 0.050% | |
|---|---|---|
| Net Expense Ratio | 0.050% |
| Gross Expense Ratio | 0.050% | |
|---|---|---|
| Net Expense Ratio | 0.050% |
| Gross Expense Ratio | 0.050% | |
|---|---|---|
| Net Expense Ratio | 0.050% |
| Gross Expense Ratio | 0.050% | |
|---|---|---|
| Net Expense Ratio | 0.050% |
| Gross Expense Ratio | 0.050% | |
|---|---|---|
| Net Expense Ratio | 0.050% |
| Gross Expense Ratio | 0.050% | |
|---|---|---|
| Net Expense Ratio | 0.050% |
| Gross Expense Ratio | 0.050% | |
|---|---|---|
| Net Expense Ratio | 0.050% |
| Gross Expense Ratio | 0.050% | |
|---|---|---|
| Net Expense Ratio | 0.050% |
Premium/Discount
Net Asset Value
| Greatest Deviation From | ||
|---|---|---|
| Greatest Premium (09/02/2014) | 1.34% | |
| Greatest Discount (03/12/2020) | -3.41% |
| Days Within +/- 0.5% | ||
|---|---|---|
| Number of Days | 2,445 | |
| Percent of Days | 99.07% |
| Days Above and Below | ||
|---|---|---|
| Premium | 1,604 | |
| NAV | 184 | |
| Discount | 680 |
Portfolio
Top Holdings
-
--
- Name
- TSY INFL IX N/B 07/23 0.375
- Percent of Assets (%)
- 3.76%
- Market Value
- $400.3M
-
--
- Name
- TSY INFL IX N/B 01/23 0.125
- Percent of Assets (%)
- 3.74%
- Market Value
- $397.3M
-
--
- Name
- TSY INFL IX N/B 01/24 0.625
- Percent of Assets (%)
- 3.67%
- Market Value
- $390.5M
-
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