SCHP vs SGOV: ETF Comparison
Compare SCHP (Schwab U.S. TIPS ETF) and SGOV (iShares 0-3 Month Treasury Bond ETF) side by side by average annual total return since inception — one fair number covering price and dividends.
Updated Sep 19, 2026
*For entertainment purposes ONLY! NOT financial advice! Data may be inaccurate.*
SCHP vs SGOV: The Verdict
On average annual total return since inception, SGOV narrowly leads SCHP: +3.2% per year vs +2.6% per year — a gap of 0.6 percentage points annually. Total return counts both price movement and dividends, so this is the whole picture of each fund's performance, not just yield.
Keep the track records in mind: SCHP has been trading for 16.1 years, while SGOV has only 6.3 years of history. A shorter track record means the younger fund's average has been shaped by fewer market environments — one strong or weak stretch moves the needle more.
SCHP vs SGOV Side-by-Side Data
| Symbol | Name | Provider | Inception | Age | Total Return | Avg. Annual Return | Yield | Expense Ratio | Grade |
|---|---|---|---|---|---|---|---|---|---|
| SCHP | Schwab U.S. TIPS ETF | Schwab | 8/5/2010 | 16.1y | +52.0% | +2.6% | 3.2% | 0.03% | B |
| SGOV | iShares 0-3 Month Treasury Bond ETF | iShares | 5/26/2020 | 6.3y | +22.0% | +3.2% | 3.50% | 0.09% | C |
SCHP vs SGOV — Frequently Asked Questions
Which is better, SCHP or SGOV?
By average annual total return since inception, SGOV narrowly leads SCHP (+3.2% vs +2.6% per year). "Better" depends on your goals — yield, payout frequency, and strategy differ between the two funds.
What is the difference between SCHP and SGOV?
SCHP (Schwab U.S. TIPS ETF) is offered by Schwab and currently yields 3.2%. SGOV (iShares 0-3 Month Treasury Bond ETF) is offered by iShares and yields 3.50%. Their average annual total returns since inception are +2.6% and +3.2% respectively.
Does SGOV pay a higher dividend than SCHP?
SGOV currently yields 3.50% and SCHP yields 3.2%. Remember that yield alone doesn't capture performance — total return (price + dividends) is the fairer comparison.