Schwab U.S. TIPS ETF™ SCHP Strategy
Strategy
The investment seeks to track as closely as possible, before fees and expenses, the total return of the Bloomberg U.S. Treasury Inflation-Linked Bond Index (Series-L)SM. The fund will invest at least 90% of its net assets in securities included in the index. The index includes all publicly-issued U.S. Treasury Inflation-Protected Securities (TIPS) that have at least one year remaining to maturity, are rated investment grade and have $500 million or more of outstanding face value. The TIPS in the index must be denominated in U.S. dollars and must be fixed-rate and non-convertible.
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Morningstar Rating for Funds
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Medalist Rating
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SCHP
| Schwab U.S. TIPS ETF™ | ETF | Open | $16.01B | 0.030% | — | — | $2.05B |