CPII vs SCHP
American Beacon Ionic Inflation Protection ETF compared with Schwab U.S. TIPS ETF on yield, payout growth, payment schedule, cost and risk.
CPII
American Beacon Ionic Inflation Protection ETF
TTM yield · Monthly
SCHP
Schwab U.S. TIPS ETF
TTM yield · Monthly
Quick take
- CPII yields more today: 8.28% vs 3.57% (forward).
- Both pay every month.
- Over the last year CPII delivered the higher total return: +2.9% vs +0.8% (price change plus payouts).
- SCHP is cheaper to own: 0.03% vs 0.70% expense ratio.
- SCHP has the steadier distribution: consistency 50/100 vs 39/100.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | CPII | SCHP |
|---|---|---|
| Share price | $19.07 | $25.87 |
| TTM yield | 4.64% | 4.96% |
| Forward yield | 8.28% | 3.57% |
| Annual payout per share | $1.5792 | $0.924 |
| Payment frequency | Monthly | Monthly |
| Next ex-date | Oct 3, 2026 (est.) | Oct 1, 2026 (est.) |
| Expense ratio | 0.70% | 0.03% |
| 1-year payout growth | — | — |
| 5-year payout CAGR | — | — |
| Consecutive years of increases | — | — |
| Payout consistency (last 12) | 39/100 | 50/100 |
| 1-year total return | +2.9% | +0.8% |
| 1-year price return | -1.7% | -3.9% |
| Size (market cap / AUM) | 11.3M | 16.1B |
| Years paying | 4.1 | 15.9 |
| Sector / category | Inflation-Protected Bond | Inflation-Protected Bond |
✓ marks the more favourable figure where one exists (higher yield, growth, streak, consistency, return and size; lower cost, payout ratio and risk).
$10,000 invested today
| CPII | SCHP | |
|---|---|---|
| Shares | 524.5 | 386.5 |
| Income per year | $828 | $357 |
| Income per month (avg) | $69 | $30 |
At forward yields, before taxes. Model CPII · Model SCHP
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| CPII Oct 3, 2026 | Oct 17, 2026 | $0.1316 | Est. |
| CPII Nov 2, 2026 | Nov 16, 2026 | $0.1316 | Est. |
| CPII Dec 2, 2026 | Dec 16, 2026 | $0.1316 | Est. |
| SCHP Oct 1, 2026 | Oct 15, 2026 | $0.077 | Est. |
| SCHP Oct 31, 2026 | Nov 14, 2026 | $0.077 | Est. |
| SCHP Nov 30, 2026 | Dec 14, 2026 | $0.077 | Est. |
Annual payouts per share
CPIISCHP
Regular payments only; the current year is year to date. Per-share amounts are not directly comparable when share prices differ, so read this chart for growth trends.
FAQ
Which has the higher dividend yield, CPII or SCHP?
SCHP currently has the higher trailing yield: CPII yields 4.64% and SCHP yields 4.96%. Yield changes daily with price, so check the live figures above.
How often do CPII and SCHP pay?
CPII pays every month and SCHP pays every month. CPII's next ex-date is Oct 3, 2026 and SCHP's is Oct 1, 2026.
Is CPII or SCHP better for income?
It depends on what you are optimising for. CPII and SCHP differ in yield, growth, payment schedule and risk profile; the table above puts every metric side by side so you can weigh them for your own goals. This page is data, not advice.