PBTP vs SCHD
Invesco 0-5 Yr US TIPS ETF vs Schwab US Dividend Equity ETF
Which is better, PBTP or SCHD?
Inflation Protection against Large Cap Value.
SCHD has a lower expense ratio. SCHD 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 | PBTP | SCHD |
|---|---|---|
| Expense Ratio | 0.07% | 0.06%Best |
| AUM | $235M | $112.1B |
| Dividend Yield | 4.80% | 3.00% |
| Holdings | 26 | 103 |
| YTD Return | -0.87% | +24.59%Best |
| 1Y Return | -1.87% | +28.14%Best |
| 3Y Return (annualized) | +3.59% | +15.58%Best |
| 5Y Return (annualized) | +2.15% | +9.90%Best |
| Volatility (annualized) | 2.6%Best | 16.0% |
| Max Drawdown | -5.4%Best | -33.4% |
| $10,000 over 5 years | $11,122 | $16,032Best |
| Fund Family | Invesco (US) | Charles Schwab Asset Management |
| Category | Fixed Income | Equity |
| Style | Inflation Protection | Large Cap Value |
| Inception | Sep 19, 2017 | Oct 20, 2011 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Sep 22, 2017 to Sep 10, 2026 (9 years).
PBTP vs SCHD 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 covers the 9 years both funds cover.
PBTP vs SCHD Performance
Invesco 0-5 Yr US TIPS ETF (PBTP) is an ETF from Invesco (US) and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year PBTP returned -1.87% while SCHD returned +28.14%. Year to date, PBTP is down 0.87% versus a gain of 24.59% for SCHD.
Over three years, PBTP compounded at +3.59% per year against +15.58% for SCHD; over five years the annualized figures are +2.15% and +9.90% respectively. Across the full 9-year window we track, SCHD has the edge at +11.48% annualized vs +2.84%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 16.0% compared with 2.6% for PBTP. 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 -5.4% for PBTP and -33.4% for SCHD. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.45. They move together some of the time, and apart the rest.
Fees and Cost Over Time
PBTP charges 0.07% per year while SCHD charges 0.06%. On a $10,000 position that is $7 vs $6 annually, a gap of $1 per year that compounds over a long holding period. On income, PBTP currently yields 4.80% against 3.00% for SCHD.
Holdings Overlap
We hold position weights for 24 holdings in PBTP and 100 in SCHD, totalling 90.3% and 100.0% 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 24 positions we hold weights for in PBTP and 100 in SCHD, against full books of 26 and 103.
You are not choosing between two funds in isolation.
Whichever of PBTP and SCHD 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, PBTP or SCHD?
PBTP has an expense ratio of 0.07% while SCHD charges 0.06%. SCHD is the cheaper option, by $1 a year on a $10,000 investment.
Which performed better, PBTP or SCHD?
Over the past year PBTP returned -1.87% vs +28.14% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (9 years), PBTP annualized +2.84% vs +11.48% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, PBTP or SCHD?
SCHD has been the more volatile fund at 16.0% annualized versus 2.6% for PBTP. Worst drawdown: PBTP -5.4% vs SCHD -33.4%.
Should I hold both PBTP and SCHD?
PBTP and SCHD have a monthly-return correlation of 0.45, 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, PBTP or SCHD?
PBTP yields 4.80% while SCHD yields 3.00%, so PBTP currently pays the higher dividend yield.
Is SCHD better than PBTP?
SCHD has a lower expense ratio. SCHD 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.