Schwab U.S. TIPS ETF (SCHP) Performance
SCHP total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +0.1% since Dec 31, 2025
- 1 year
- −0.8% total return
- 5 years
- +0.2% a year
- 10 years
- +2.3% a year
- Since first price
- +2.7% a year since 2010
SCHP trailing returns vs AGG, TLT, SPY
| Period | SCHP total return | Price only | U.S. bonds (AGG) | 20+ yr Treasuries (TLT) | S&P 500 (SPY) |
|---|---|---|---|---|---|
| 1 month | +1.4% | +1.2% | +0.9% | +1.5% | −1.0% |
| 3 months | −0.3% | −1.7% | −0.4% | −1.0% | +3.2% |
| 6 months | −1.4% | −4.6% | −1.5% | −3.8% | +7.8% |
| YTD | +0.1% | −3.2% | −1.0% | −3.4% | +12.3% |
| 1 year | −0.8% | −5.4% | −1.1% | −6.9% | +14.4% |
| 3 years | +14.7%+4.7%/yr | +2.4% | +16.6%+5.2%/yr | +9.7%+3.1%/yr | +87.4%+23.3%/yr |
| 5 years | +0.8%+0.2%/yr | −18.6% | −0.8%−0.2%/yr | −32.5%−7.6%/yr | +79.3%+12.4%/yr |
| 10 years | +25.9%+2.3%/yr | −9.8% | +14.0%+1.3%/yr | −18.7%−2.0%/yr | +315.9%+15.3%/yr |
| 15 years | +37.1%+2.1%/yr | −5.9% | +32.2%+1.9%/yr | +9.9%+0.6%/yr | +696.0%+14.8%/yr |
| Since inceptionAug 6, 2010 | +53.2%+2.7%/yr | +2.1% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: SCHP vs AGG
From Aug 6, 2010: SCHP grew to $15,317, AGG to $13,995.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
SCHP returns by calendar year
11 of 15 full years positive. Best 2011 (+13.4%), worst 2022 (−12.0%). 2026 is year to date.
SCHP annual returns table
| Year | SCHP | Largest drop | AGG | TLT | SPY |
|---|---|---|---|---|---|
| 2026YTD | +0.1% | −3.9% | −1.0% | −3.4% | +12.3% |
| 2025 | +6.8% | −2.8% | +7.2% | +4.3% | +17.7% |
| 2024 | +1.9% | −3.6% | +1.3% | −8.1% | +24.9% |
| 2023 | +3.9% | −6.2% | +5.7% | +2.8% | +26.2% |
| 2022 | −12.0% | −14.2% | −13.0% | −31.2% | −18.2% |
| 2021 | +5.9% | −2.9% | −1.8% | −4.6% | +28.7% |
| 2020 | +10.9% | −10.8% | +7.5% | +18.2% | +18.3% |
| 2019 | +8.5% | −2.4% | +8.5% | +14.1% | +31.2% |
| 2018 | −1.4% | −3.1% | +0.1% | −1.6% | −4.6% |
| 2017 | +3.0% | −2.0% | +3.6% | +9.2% | +21.7% |
| 2016 | +4.6% | −4.6% | +2.4% | +1.2% | +12.0% |
| 2015 | −1.8% | −5.3% | +0.5% | −1.8% | +1.2% |
| 2014 | +4.1% | −3.4% | +6.0% | +27.3% | +13.5% |
| 2013 | −8.9% | −10.6% | −2.0% | −13.4% | +32.3% |
| 2012 | +6.5% | −2.4% | +3.8% | +2.6% | +16.0% |
| 2011 | +13.4% | −3.6% | +7.7% | +34.0% | +1.9% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
SCHP largest drawdowns
Now 1.7% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Mar 8, 2022 | −14.3% | Oct 6, 2023 | Oct 22, 2025 | 1.6 years | 3.6 years |
| Dec 10, 2012 | −11.2% | Sep 5, 2013 | Mar 20, 2019 | 9 months | 6.3 years |
| Mar 6, 2020 | −10.8% | Mar 18, 2020 | Jun 10, 2020 | 12 days | 3 months |
| Oct 25, 2010 | −5.7% | Feb 10, 2011 | Apr 19, 2011 | 4 months | 6 months |
| Nov 9, 2021 | −5.0% | Feb 10, 2022 | Mar 8, 2022 | 3 months | 4 months |
Declines from a closing high (distributions reinvested) of 5% or more. Underwater = time from the peak until the old high was regained.
SCHP risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2010 |
|---|---|---|---|---|
| Annualized return | +3.7% | −0.1% | +2.1% | +2.5% |
| Volatility (annualized) | 4.4% | 6.1% | 5.0% | 5.0% |
| Sharpe ratio | -0.15 | -0.57 | -0.02 | 0.23 |
| Sortino ratio | -0.19 | -0.68 | -0.02 | 0.33 |
| Best month | +2.8% | +4.4% | +4.4% | +4.4% |
| Worst month | −2.7% | −6.8% | −6.8% | −6.8% |
| Best 12 months | +9.8% | +9.8% | +10.9% | +15.9% |
| Worst 12 months | −2.1% | −12.0% | −12.0% | −12.0% |
| Positive months | 69% | 60% | 62% | 62% |
| Beta vs S&P 500 | 0.16 | 0.27 | 0.18 | — |
| Correlation with S&P 500 | 0.46 | 0.69 | 0.53 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
SCHP rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 183 | −12.0% | +3.2% | +15.9% | 72% |
| 3-year (a year) | 159 | −2.3% | +1.9% | +8.5% | 79% |
| 5-year (a year) | 135 | −0.2% | +2.1% | +5.3% | 94% |
| 10-year (a year) | 75 | +0.9% | +2.4% | +3.7% | 100% |
Every holding period starting at a month-end since 2010. Returns for 3 years and longer are annualized.
SCHP performance overview
Schwab U.S. TIPS ETF (SCHP) returned −0.8% over the past year and +2.3% a year over ten years, with distributions reinvested. Since its first recorded price in 2010 it has returned +2.7% a year, turning $10,000 into about $15,317. Over the same year U.S. bonds (AGG) returned −1.1%.
The deepest decline was −14.3%, from Mar 8, 2022 to Oct 6, 2023, and it took 2.0 years to get back to the old high. SCHP finished 11 of its 15 full calendar years with a gain; the best year was 2011 (+13.4%) and the worst 2022 (−12.0%). Volatility has been 5.0% a year.
Related: SCHP chart, SCHP dividends, SCHP bond profile. See the SCHP overview for the latest quote and fund facts.
SCHP performance FAQ
What is the SCHP return over the past year?
SCHP returned −0.8% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 5.4%.
What is the average annual return of SCHP?
SCHP has returned +0.2% a year over 5 years, +2.3% a year over 10 years, +2.7% a year since August 6, 2010 (total return, distributions reinvested).
How much would $10,000 invested in SCHP be worth?
$10,000 invested in SCHP at its first recorded close on August 6, 2010 would be worth about $15,317 on October 23, 2026 with distributions reinvested.
What was the worst year for SCHP?
The worst calendar year was 2022, with a total return of −12.0%. The best was 2011 at +13.4%.
What is the biggest drawdown of SCHP?
The largest peak-to-trough decline was −14.3% between March 8, 2022 and October 6, 2023. It recovered to the old high on October 22, 2025, 2.0 years after the bottom.
How volatile is SCHP?
Over the past 3 years SCHP had an annualized volatility of 4.4% and a Sharpe ratio of -0.15 (excess return over 1–3 month T-bills per unit of risk).