Schwab US TIPS ETF (SCHP)
Schwab US TIPS ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Westlake, TX, US. The stock last traded at $25.91, up 0.04% on the session, giving a market capitalisation of $16.26B. Its beta of 0.70 implies it has historically moved less than the broad market.
SCHP is a passively managed ETF that offers investors broad access to the Treasury Inflation Protected Securities market. The fund invests in publicly issued US TIPS that have at least one year remaining to maturity and at least $500 million outstanding face value. New issuances held by the Federal Reserve are excluded. Investments must be denominated in USD and must be fixed rate and non-convertible. The index is weighted by market value, rebalanced on the last business day of each month.
Schwab US TIPS ETF is most often compared with the following Financial Services names: