SCHP - Schwab US TIPS ETF
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.
As of Aug 14, 2026: spot at $25.94, ATM IV 495.4%, max pain $27.00, net GEX -$132.9K.
- Sector
- Financial Services
- Industry
- Asset Management
- Market Cap
- $16.26B
- Beta
- 0.70
- 52-Week Range
- 25.87-27.19
- Dividend Yield
- $1.30
- IPO Date
- Aug 5, 2010
- Exchange
- AMEX
What SCHP Looks Like to Options Traders Today
IV rank of 100.0% signals elevated pricing relative to the 1-year history, conditions that typically favor premium-selling structures (credit spreads, iron condors, covered calls); negative net gamma exposure (-$132.9K) means dealers hedge with trend, amplifying realized volatility and accelerating directional moves; the 25-delta skew (0.001) is roughly flat across the wings.
What This Page Covers
The SCHP overview links into per-metric analysis views: max pain, gamma exposure, volatility skew, expected move, options chain, open interest history, and aggregate Greeks. Microstructure data is available on short interest, short volume, fail-to-deliver, and market structure.
Frequently asked SCHP overview questions
- What is SCHP?
- SCHP is the ticker symbol for Schwab US TIPS ETF, an listed exchange-traded fund. 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. Listed on AMEX. SCHP is the ETF ticker shown on this page; ETF traders use the fund for diversified exposure to its underlying basket, for sector and factor rotation, and for hedging or replication strategies via the listed options chain.
- What does the SCHP options snapshot look like today?
- As of Aug 14, 2026, the SCHP options snapshot shows spot at $25.94, ATM IV 495.4%, IV rank 100.0%, max pain $27.00, net GEX -$132.9K, expected move 142.03%. The full options chain, Greeks by strike and expiration, per-strike open-interest distribution, dealer gamma and delta exposure, and the volatility skew surface are linked from this overview page. Each per-metric route refreshes once per trading session and reflects the most recent close-of-business listed-options state.
- What are SCHP's key statistics?
- Schwab US TIPS ETF (SCHP) carries a market capitalization of $16.26B, 52-week range of 25.87-27.19. Full holdings disclosure, expense ratio, and tracking-error history live on the per-ticker fundamentals page or the sponsor's site; daily NAV and premium/discount-to-NAV are accessible from the same view. These structural inputs frame how the ETF options market prices implied volatility relative to its constituents.
- What sector or industry does SCHP belong to?
- Schwab US TIPS ETF operates in the Financial Services sector, in the Asset Management industry. Sector classification affects how the ticker correlates with sector ETFs, how it reacts to macro factors like rate moves and commodity prices, and how its options pricing compares to sector peers. Compare SCHP's implied volatility and skew against sector benchmarks to gauge whether the options market is pricing single-name or systemic risk relative to the broader peer group.
- How current is the SCHP data on this page?
- The options snapshot above is dated Aug 14, 2026 and refreshes once per session, with all per-strike Greeks and exposure aggregates recomputed at the daily close. Fund-level fields (sponsor, expense ratio, holdings concentration where available) refresh from the vendor feed nightly. ETF-specific filings (N-CSR, N-PX, N-CEN) update on the SEC EDGAR cadence. FINRA microstructure data refreshes on the source's cadence; for ETFs the off-exchange volume signal is dominated by authorized-participant creation and redemption rather than directional flow.