SCHP vs TIP
Schwab U.S. TIPS ETF compared with iShares TIPS Bond ETF on yield, payout growth, payment schedule, cost and risk.
SCHP
Schwab U.S. TIPS ETF
TTM yield · Monthly
TIP
iShares TIPS Bond ETF
TTM yield · Monthly
Quick take
- TIP yields more today: 10.39% vs 3.11% (forward).
- Both pay every month.
- Over the last year SCHP delivered the higher total return: -0.2% vs -0.2% (price change plus payouts).
- SCHP is cheaper to own: 0.03% vs 0.18% expense ratio.
- SCHP has the steadier distribution: consistency 47/100 vs 37/100.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | SCHP | TIP |
|---|---|---|
| Share price | $25.63 | $106.24 |
| TTM yield | 4.91% | 4.43% |
| Forward yield | 3.11% | 10.39% |
| Annual payout per share | $0.798 | $11.043 |
| Payment frequency | Monthly | Monthly |
| Next ex-date | Oct 31, 2026 (est.) | Nov 1, 2026 (est.) |
| Expense ratio | 0.03% | 0.18% |
| 1-year payout growth | — | — |
| 5-year payout CAGR | — | — |
| Consecutive years of increases | — | — |
| Payout consistency (last 12) | 47/100 | 37/100 |
| 1-year total return | -0.2% | -0.2% |
| 1-year price return | -4.9% | -4.5% |
| Size (market cap / AUM) | 16.0B | 14.2B |
| Years paying | 16.1 | 22.8 |
| 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
| SCHP | TIP | |
|---|---|---|
| Shares | 390.2 | 94.1 |
| Income per year | $311 | $1,039 |
| Income per month (avg) | $26 | $87 |
At forward yields, before taxes. Model SCHP · Model TIP
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| SCHP Oct 31, 2026 | Nov 14, 2026 | $0.0665 | Est. |
| SCHP Nov 30, 2026 | Dec 14, 2026 | $0.0665 | Est. |
| SCHP Dec 30, 2026 | Jan 13, 2027 | $0.0665 | Est. |
| TIP Nov 1, 2026 | Nov 15, 2026 | $0.9202 | Est. |
| TIP Dec 1, 2026 | Dec 15, 2026 | $0.9203 | Est. |
| TIP Dec 31, 2026 | Jan 14, 2027 | $0.9203 | Est. |
Annual payouts per share
SCHPTIP
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, SCHP or TIP?
SCHP currently has the higher trailing yield: SCHP yields 4.91% and TIP yields 4.43%. Yield changes daily with price, so check the live figures above.
How often do SCHP and TIP pay?
SCHP pays every month and TIP pays every month. SCHP's next ex-date is Oct 31, 2026 and TIP's is Nov 1, 2026.
Is SCHP or TIP better for income?
It depends on what you are optimising for. SCHP and TIP 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.