SCHP vs TIP: Dividend Yield, Total Return & Fees Compared
Schwab US TIPS ETFiShares TIPS Bond ETF
Data as of the close · refreshed automatically every trading day
SCHP vs TIP at a glance
Schwab US TIPS ETF (SCHP) and iShares TIPS Bond ETF (TIP) are compared below using data through the September 25, 2026 close, refreshed after every trading day.
Over the past year, SCHP returned -1.40% with dividends reinvested, compared with -1.60% for TIP. SCHP currently yields 5.07% (trailing 12-month) against 4.69% for TIP. Across five years the total-return gap is +0.26% for SCHP vs -0.52% for TIP.
SCHP leads on both current yield and 1-year total return. Yields and returns move with markets, so check the longer periods below before drawing conclusions.
| Metric | SCHP | TIP |
|---|---|---|
| Last close | $25.27 | $104.54 |
| Dividend yield | 5.07% (TTM) | 4.69% (TTM) |
| Expense ratio | — | — |
| Pays | monthly | monthly |
| Dividends, last 12 months | $1.28 (10 payments) | $4.90 (8 payments) |
| Issuer | Schwab | iShares |
| Inception | — | — |
Performance: SCHP vs TIP
Total return assumes every distribution is reinvested. Switch to price return to see the change in share price alone.
Total Return (%) · dividends reinvested · Sep 25, 2025 – Sep 25, 2026
Overview
Key fund stats as of the latest close.
Total returns
Price change plus dividends paid, by holding period. Best in each period is outlined.
Recent dividend payments
The latest 12 distributions per share for each fund, newest first.
| SCHP | TIP | ||
|---|---|---|---|
| Sep 1, 2026 | $0.077 | Aug 3, 2026 | $0.784 |
| Aug 3, 2026 | $0.216 | Jul 1, 2026 | $1.06 |
| Jul 1, 2026 | $0.221 | Jun 1, 2026 | $1.28 |
| Jun 1, 2026 | $0.203 | May 1, 2026 | $0.561 |
| May 1, 2026 | $0.096 | Dec 19, 2025 | $0.342 |
| Apr 1, 2026 | $0.027 | Dec 1, 2025 | $0.322 |
| Dec 19, 2025 | $0.177 | Nov 3, 2025 | $0.361 |
| Dec 1, 2025 | $0.093 | Oct 1, 2025 | $0.198 |
| Nov 3, 2025 | $0.092 | Sep 2, 2025 | $0.417 |
| Oct 1, 2025 | $0.080 | Aug 1, 2025 | $0.264 |
| Sep 2, 2025 | $0.099 | Jul 1, 2025 | $0.380 |
| Aug 1, 2025 | $0.088 | Jun 2, 2025 | $0.273 |
SCHP vs TIP: common questions
Which pays a higher dividend, SCHP or TIP?
As of September 25, 2026, SCHP yields 5.07% (trailing 12-month) and TIP yields 4.69% (trailing 12-month), so SCHP currently pays the higher yield. A higher yield does not guarantee a higher total return.
Which has performed better, SCHP or TIP?
Over the past year with dividends reinvested, SCHP returned -1.40% and TIP returned -1.60%. Over five years, SCHP returned +0.26% and TIP returned -0.52%. Past performance does not predict future results.
What would $10,000 in SCHP vs TIP be worth after one year?
With dividends reinvested, $10,000 invested one year before September 25, 2026 would have grown to about $9,860 in SCHP and $9,840 in TIP.
How often do SCHP and TIP pay dividends?
SCHP pays monthly (10 payments in the last 12 months) and TIP pays monthly (8 payments).
Is SCHP or TIP the better investment?
It depends on your goals, time horizon and tax situation. Income-focused investors often weigh yield and payment frequency, while long-term investors usually compare total return and fees. Dividend Duel is an educational tool and does not provide investment advice.
Related comparisons
More side-by-side comparisons with SCHP and TIP.
Figures come from end-of-day prices and distributions and are recalculated after every trading session; see our methodology. This page is for education only and is not investment advice. Past performance does not guarantee future results. Read the full disclosure.