SCHD vs TIPA
SCHD vs TIPA
Schwab US Dividend Equity ETF vs Northern Trust 2030 Inflation-Linked Distributing Ladder ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. SCHD offers more diversification with 100 holdings.
Side-by-Side Comparison
| Metric | SCHD | TIPA | Winner |
|---|---|---|---|
| Expense Ratio | 0.06% | 0.10% | |
| AUM | $103.7B | $18M | |
| Dividend Yield | 3.31% | 2.65% | |
| Holdings | 104 | 6 | |
| YTD Return | +24.26% | +4.34% | |
| 1Y Return | +31.38% | +5.32% | |
| 3Y Return (annualized) | +15.08% | - | |
| 5Y Return (annualized) | +9.72% | - | |
| Volatility (annualized) | 13.6% | 1.9% | |
| Max Drawdown | -33.4% | -0.8% | |
| Fund Family | Charles Schwab Asset Management | Northern Trust Asset Management | |
| Category | Equity | Fixed Income | |
| Inception | Oct 20, 2011 | Mar 1, 2025 |
SCHD vs TIPA Performance
Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management and Northern Trust 2030 Inflation-Linked Distributing Ladder ETF (TIPA) is a ETF from Northern Trust Asset Management. Over the past year SCHD returned +31.38% while TIPA returned +5.32%. Year to date, SCHD is up 24.26% versus a gain of 4.34% for TIPA.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 13.6% compared with 1.9% for TIPA. 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 -33.4% for SCHD and -0.8% for TIPA. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.47. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
SCHD charges 0.06% per year while TIPA charges 0.10%. On a $10,000 position that is $6 vs $10 annually, a gap of $4 per year that compounds over a long holding period. On income, SCHD currently yields 3.31% against 2.65% for TIPA.
Holdings Overlap
SCHD and TIPA share 0 holdings out of 104 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, SCHD or TIPA?
SCHD has an expense ratio of 0.06% while TIPA charges 0.10%. SCHD is the cheaper option. On a $10,000 investment, that is $4 per year of difference.
Which performed better, SCHD or TIPA?
Over the past year SCHD returned +31.38% vs +5.32% for TIPA, so SCHD leads on 1-year performance. Past performance does not guarantee future results.
Which is riskier, SCHD or TIPA?
SCHD has been the more volatile fund at 13.6% annualized versus 1.9% for TIPA. Worst drawdown: SCHD -33.4% vs TIPA -0.8%.
Should I hold both SCHD and TIPA?
SCHD and TIPA have a monthly-return correlation of 0.47, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between SCHD and TIPA?
SCHD and TIPA share 0 common holdings with a 0.0% weight overlap. Combined, they hold 104 unique securities.
Which pays a higher dividend, SCHD or TIPA?
SCHD yields 3.31% while TIPA yields 2.65%, so SCHD currently pays the higher dividend yield.
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