IVV vs SCHP
iShares Core S&P 500 ETF vs Schwab US TIPs ETF
Which is better, IVV or SCHP?
Large Cap Blend against US Inflation Protection.
IVV led over 1Y, 3Y, 5Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | IVV | SCHP |
|---|---|---|
| Expense Ratio | 0.03%Tie | 0.03%Tie |
| AUM | $876.4B | $16.4B |
| Dividend Yield | 1.06% | 4.51% |
| Holdings | 508 | 49 |
| YTD Return | +11.57%Best | +0.20% |
| 1Y Return | +17.57%Best | -0.21% |
| 3Y Return (annualized) | +20.71%Best | +3.93% |
| 5Y Return (annualized) | +12.80%Best | +0.18% |
| Volatility (annualized) | 14.2% | 5.0%Best |
| Max Drawdown | -33.9% | -14.3%Best |
| $10,000 over 5 years | $18,262Best | $10,090 |
| Fund Family | iShares by BlackRock (US) | Charles Schwab Asset Management |
| Category | Equity | Fixed Income |
| Style | Large Cap Blend | US Inflation Protection |
| Inception | May 15, 2000 | Aug 5, 2010 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Aug 5, 2010 to Sep 10, 2026 (16.1 years).
IVV vs SCHP growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
IVV vs SCHP Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Schwab US TIPs ETF (SCHP) is an ETF from Charles Schwab Asset Management. Over the past year IVV returned +17.57% while SCHP returned -0.21%. Year to date, IVV is up 11.57% versus a gain of 0.20% for SCHP.
Over three years, IVV compounded at +20.71% per year against +3.93% for SCHP; over five years the annualized figures are +12.80% and +0.18% respectively. Across the full 16-year window we track, IVV has the edge at +13.10% annualized vs +1.68%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 14.2% compared with 5.0% for SCHP. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -33.9% for IVV and -14.3% for SCHP. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.38. They move together some of the time, and apart the rest.
Fees and Cost Over Time
IVV charges 0.03% per year while SCHP charges 0.03%. On a $10,000 position that is $3 vs $3 annually. On income, IVV currently yields 1.06% against 4.51% for SCHP.
Holdings Overlap
We hold position weights for 505 holdings in IVV and 43 in SCHP, totalling 100.0% and 83.3% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 505 positions we hold weights for in IVV and 43 in SCHP, against full books of 508 and 49.
You are not choosing between two funds in isolation.
Whichever of IVV and SCHP you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, IVV or SCHP?
IVV has an expense ratio of 0.03% while SCHP charges 0.03%. At the precision these are quoted to, they cost the same.
Which performed better, IVV or SCHP?
Over the past year IVV returned +17.57% vs -0.21% for SCHP, so IVV leads on 1-year performance. Over the longest common window we track (16 years), IVV annualized +13.10% vs +1.68% for SCHP. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or SCHP?
IVV has been the more volatile fund at 14.2% annualized versus 5.0% for SCHP. Worst drawdown: IVV -33.9% vs SCHP -14.3%.
Should I hold both IVV and SCHP?
IVV and SCHP have a monthly-return correlation of 0.38, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, IVV or SCHP?
IVV yields 1.06% while SCHP yields 4.51%, so SCHP currently pays the higher dividend yield.
Is SCHP better than IVV?
IVV led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.