ETF Versus

SCHE vs SCHP

Schwab Emerging Markets Equity ETF vs Schwab U.S. TIPS ETF

Last updated: 2026-04-02

SCHE Schwab

Schwab Emerging Markets Equity ETF (SCHE) is an exchange-traded fund issued by Schwab that provides exposure to stocks in emerging market economies with higher growth potential. It charges a low expense ratio of 0.11%. The fund offers an attractive dividend yield of 2.87%. Launched in 2010, the fund has a 16-year track record.

AUM: N/A ER: 0.11% Yield: 2.87% Since: 2010-01-14
SCHP Schwab

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.

AUM: N/A ER: 0.05% Yield: 3.71% Since: 2010-08-05

Quick Verdict

SCHP has a slightly lower expense ratio (0.05% vs 0.11%), saving about $119 per $10,000 over 10 years. Over the past year, SCHE has significantly outperformed with a 18.3% return vs -0.5%. Income investors may prefer SCHP for its higher yield (3.7% vs 2.9%).

Key Metrics

Metric SCHE SCHP
Expense Ratio 0.11% 0.05%
Dividend Yield 2.9% 3.7%
Fund Family Schwab Schwab
Category Emerging Markets US TIPS

Performance Chart

Indexed to 100 at start (5-year comparison)

65 75 85 95 105 115 2021-04 2022-06 2023-10 2024-12 2026-04
SCHE +2.1%
SCHP -12.7%

Performance Comparison

Period SCHE SCHP Difference
1 Month -2.32% -0.84% -1.48%
3 Months -2.03% +0.62% -2.65%
6 Months -3.04% -0.69% -2.35%
YTD -2.03% +0.62% -2.65%
1 Year +18.31% -0.47% +18.78%
3 Years +33.24% -0.63% +33.87%
5 Years +2.12% -12.68% +14.80%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment Period SCHE Fees SCHP Fees You Save
$10,000 10 years $219 $100 $119
$10,000 20 years $940 $430 $511
$10,000 30 years $3,030 $1,388 $1,641
$50,000 10 years $1,094 $499 $596
$50,000 30 years $15,149 $6,941 $8,207
$100,000 30 years $30,297 $13,882 $16,415

Risk Metrics

Based on 5 years of daily returns

Metric SCHE SCHP
Annualized Volatility 17.7% 6.3%
Max Drawdown -35.8% -22.2%
Sharpe Ratio -0.14 -1.11

Dividend Comparison

Metric SCHE SCHP
Annual Dividend (per share) $0.94 $0.99
Dividend Yield 2.87% 3.71%
Distribution Frequency Semi-Annual or Annual Monthly

Which One Should You Choose?

Choose SCHP if...

you want the lowest fees and plan to buy and hold long-term. Over decades, the expense ratio difference compounds significantly.

Choose SCHE if...

recent performance momentum matters to your strategy. Note that past performance doesn't guarantee future results.

Choose SCHP if...

you prioritize dividend income and want higher regular distributions from your portfolio.

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