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Schwab Us Tips Etf
Sure, here's some general information about the Schwab US Tips ETF:
The Schwab US Tips ETF (SCHP) is an exchange-traded fund (ETF) that tracks the Dow Jones U.S. TIPS Index, which measures the performance of the U.S. Treasury Inflation-Protected Securities (TIPS) market. The fund is designed to provide investors with protection against inflation by investing in TIPS, which are designed to protect against inflation by adjusting the principal and interest payments to keep pace with inflation.
The fund was launched in 2001 and is managed by Charles Schwab Investment Management, a registered investment adviser and an affiliate of Charles Schwab & Co., Inc. SCHP is listed on the NYSE Arca exchange and trades in US dollars.
As of March 2023, the fund has approximately $11.4 billion in assets under management and an average daily trading volume of around $1.7 billion. The expense ratio of the fund is 0.05%, which means that for every $10,000 invested, the annual cost is $5.
In terms of performance, SCHP has delivered a 4.11% annualized return over the past 10 years. This means that if you had invested $10,000 in the fund 10 years ago, you would have approximately $14,645 today, assuming reinvestment of interest and dividends.
Overall, the Schwab US TIPS ETF (SCHP) is a popular ETF for investors seeking to protect their portfolios from inflation. It is less volatile than many other asset classes, and its low expense ratio makes it a cost-effective option for investors seeking to invest in the TIPS market. However, it is important to note that TIPS returns are generally lower than those of other asset classes, such as stocks. Therefore, investors seeking growth opportunities may want to consider other options in addition to SCHP.