SCHD vs SCHP
Schwab U.S. Dividend Equity ETF vs Schwab U.S. TIPS ETF
Last updated: 2026-04-02
Schwab U.S. Dividend Equity ETF (SCHD) is an exchange-traded fund issued by Schwab that provides exposure to U.S. dividend-paying stocks selected for yield or dividend growth. It charges a low expense ratio of 0.06%. The fund offers an attractive dividend yield of 3.46%. Launched in 2011, the fund has a 15-year track record.
Schwab U.S. TIPS ETF (SCHP) is an exchange-traded fund issued by Schwab that provides exposure to us tips securities. It charges a very low expense ratio of 0.05%. The fund offers an attractive dividend yield of 3.71%. Launched in 2010, the fund has a 16-year track record.
Quick Verdict
Both funds have nearly identical expense ratios (0.05% vs 0.06%), so fees are not a differentiator here. Over the past year, SCHD has significantly outperformed with a 9.4% return vs -0.5%.
Key Metrics
Performance Chart
Indexed to 100 at start (5-year comparison)
Performance Comparison
Fee Impact Over Time
Estimated fee cost difference assuming 8% annual returns
Risk Metrics
Based on 5 years of daily returns
Dividend Comparison
Which One Should You Choose?
Choose SCHD if...
recent performance momentum matters to your strategy. Note that past performance doesn't guarantee future results.