SCHD vs TIPB
SCHD vs TIPB
Schwab US Dividend Equity ETF vs Northern Trust 2035 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 | TIPB | Winner |
|---|---|---|---|
| Expense Ratio | 0.06% | 0.10% | |
| AUM | $103.7B | $8M | |
| Dividend Yield | 3.31% | 3.48% | |
| Holdings | 104 | 11 | |
| YTD Return | +24.26% | +3.19% | |
| 1Y Return | +31.38% | +4.45% | |
| 3Y Return (annualized) | +15.08% | - | |
| 5Y Return (annualized) | +9.72% | - | |
| Volatility (annualized) | 13.6% | 2.1% | |
| Max Drawdown | -33.4% | -1.3% | |
| Fund Family | Charles Schwab Asset Management | Northern Trust Asset Management | |
| Category | Equity | Fixed Income | |
| Inception | Oct 20, 2011 | Mar 1, 2025 |
SCHD vs TIPB Performance
Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management and Northern Trust 2035 Inflation-Linked Distributing Ladder ETF (TIPB) is a ETF from Northern Trust Asset Management. Over the past year SCHD returned +31.38% while TIPB returned +4.45%. Year to date, SCHD is up 24.26% versus a gain of 3.19% for TIPB.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 13.6% compared with 2.1% for TIPB. 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 -1.3% for TIPB. 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 0.67. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
SCHD charges 0.06% per year while TIPB 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 3.48% for TIPB.
Holdings Overlap
SCHD and TIPB share 0 holdings out of 108 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 TIPB?
SCHD has an expense ratio of 0.06% while TIPB 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 TIPB?
Over the past year SCHD returned +31.38% vs +4.45% for TIPB, so SCHD leads on 1-year performance. Past performance does not guarantee future results.
Which is riskier, SCHD or TIPB?
SCHD has been the more volatile fund at 13.6% annualized versus 2.1% for TIPB. Worst drawdown: SCHD -33.4% vs TIPB -1.3%.
Should I hold both SCHD and TIPB?
SCHD and TIPB have a monthly-return correlation of 0.67, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between SCHD and TIPB?
SCHD and TIPB share 0 common holdings with a 0.0% weight overlap. Combined, they hold 108 unique securities.
Which pays a higher dividend, SCHD or TIPB?
SCHD yields 3.31% while TIPB yields 3.48%, so TIPB currently pays the higher dividend yield.
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