ATLASSchwab U.S. TIPS ETF (SCHP): outlook, holdings and fees
Schwab U.S. TIPS ETF (SCHP) is an exchange-traded fund and is managed by Schwab ETFs. The expense ratio is 0.02% and the yield is 4.94%. The ten largest holdings are 16% of the fund.
Fund data as of Oct 14, 2026 · Price Nov 2, 2026
ATLAS view on SCHP
| Last price | $25.66 (-0.3%) |
|---|---|
| ATLAS chance of a higher price in 1 month | 68% |
| Likely 1-month range (50%) | $25.59 – $26.02 |
| Normal 1-day range (±1σ) | ±0.3% |
| Distribution yield | 4.94% · monthly |
ATLAS probabilities use the same calibrated model as every stock page. A fair value is shown for companies, not funds; the holdings below link to the fair value of each company.
SCHP fund facts
| Issuer | Schwab ETFs |
|---|---|
| Theme | Inflation-linked bonds |
| Assets under management | $16.2B |
| Expense ratio | 0.02% |
| Number of holdings | 5 |
| Portfolio turnover | 27% |
| Inception | Aug 5, 2010 |
| Exchange | NYSE |
The fund will invest at least 90% of its net assets in securities included in the index. The index includes all publicly-issued U.S. Treasury Inflation-Protected Securities (TIPS) that have at least one year remaining to maturity, are rated investment grade and have $500 million or more of outstanding face value. The TIPS in the index must be denominated in U.S. dollars and must be fixed-rate and non-convertible.
SCHP top holdings
| Holding | Sector | Weight |
|---|---|---|
| United States Treasury Notes 0.25% | – | 3.54% |
| United States Treasury Notes 0.38% | – | 3.24% |
| United States Treasury Notes 0.12% | – | 3.27% |
| United States Treasury Notes 0.62% | – | 3.27% |
| United States Treasury Notes 0.5% | – | 3.16% |
Holdings with an ATLAS page link to their probability range, fair value and earnings calendar.
SCHP returns and risk
| Year to date | -1.6% |
|---|---|
| 1 year | -1.7% |
| 3 years (annualised) | +3.9% |
| 5 years (annualised) | 0.0% |
| 10 years (annualised) | +2.2% |
| Volatility (3 years) | 4.3% |
| Sharpe ratio (3 years) | -0.18 |
Past returns do not guarantee future results.
SCHP: frequently asked questions
What does SCHP invest in?
Schwab U.S. TIPS ETF invests in a portfolio of securities. Its largest holdings are United States Treasury Notes 0.25% (3.5%), United States Treasury Notes 0.38% (3.2%), United States Treasury Notes 0.12% (3.3%), United States Treasury Notes 0.62% (3.3%), United States Treasury Notes 0.5% (3.2%).
What is the SCHP expense ratio?
0.02% a year: about $2.00 for every $10,000 invested.
What is the SCHP dividend yield?
4.94%, paid monthly. ATLAS does not hold the exact distribution dates for ETFs.
Will SCHP go up?
Nobody can know. The ATLAS model puts the chance of a higher price in one month at 68%, with a likely range (50%) of $25.59 to $26.02 from $25.66 today. It is a probability, not a prediction.
How has SCHP performed?
Year to date -1.6%, one year -1.7%, three years +3.9% a year, five years 0.0% a year. Past returns do not guarantee future results.
Similar ETFs: Inflation-linked bonds
- iShares TIPS Bond ETF (TIP)
- FlexShares iBoxx 3-Year Target Duration TIPS Index Fund (TDTT)
- State Street SPDR Bloomberg 1-10 Year TIPS ETF (TIPX)
- Dimensional Inflation-Protected Securities ETF (DFIP)
- PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund (LTPZ)
- Northern Trust iBoxx 5-Year Target Duration TIPS ETF (TDTF)
- SPDR Portfolio TIPS ETF (SPIP)
- PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund (STPZ)
Educational information, not investment advice. Disclaimer