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The Gold Clock Goes TIC-Tock On SE Asia
Tom Luongo • Tue, Jun 18 • 20 Comments
The Bond Market Vigilantes Are Still Not In The Same Hemisphere As We Are
Brad DeLong • Thu, Jun 13 • 1 Comment
Forbes Flags Favorite ETFs
Tom Lydon • Tue, Jun 11
The Prospect Of Deflation
Doug Short • Tue, Jun 11 • 5 Comments
Is This The Real 'Sell-Off'?
The Inflation Trader • Thu, Jun 6 • 13 Comments
Is The Fed Losing The Battle For A Sustainable Recovery?
Matthew Claassen • Wed, Jun 5 • 97 Comments
Bonds And The 'Convexity' Trade
The Inflation Trader • Thu, May 30 • 18 Comments
Inflation Comes In Below Forecast, Thanks Again Mostly to Lower Gasoline Prices
Doug Short • Fri, May 17 • 2 Comments
PCE Price Index Update: The Disinflationary Trend Continues
Doug Short • Tue, Apr 30 • 2 Comments
A One Day Drop In Stocks And Gold Does Not Mean That Inflation Is Dead
Right Blend Investing, LLC • Tue, Apr 16 • 4 Comments
Blending Alpha And Beta: Building A 'Mini-Endowment'
Right Blend Investing, LLC • Wed, Apr 10 • 4 Comments
Droopy Figures
The Inflation Trader • Tue, Apr 9 • 1 Comment
Allocating Within The All-Weather Sailboat Portfolio: Part 2
David Cretcher • Wed, Mar 20 • 11 Comments
Understanding The Fed, The Super Bubble And Your Money
Larry Trefz • Thu, Mar 14 • 20 Comments
Why Asset Allocations Fail And What You Can Do About It
David Cretcher • Thu, Mar 7 • 6 Comments
Inflation And The Money Base
Chris Ridder • Wed, Mar 6 • 8 Comments
America Divided: Inflation Felt By Many While Bernanke Fights Deflation
Larry Trefz • Tue, Mar 5 • 7 Comments
2 Measures Of Inflation: New Update
Doug Short • Sun, Feb 24 • 6 Comments
Inflation: A 5-Month X-Ray View
Doug Short • Fri, Feb 22 • 1 Comment
What Inflation Means To You: Inside The CPI
Doug Short • Fri, Feb 22 • 2 Comments

There are no Transcripts on SCHP.

Europe Markets: European markets slump on Mideast unrest

at MarketWatch.com (Feb 21, 2011)

SCHP vs. ETF Alternatives

SCHP Description

The ETF seeks investment results that track the price and yield performance, before fees and expenses, of the Barclays Capital U.S. Treasury Inflation Protected Securities (TIPS) Index - Series L. Publicly-issued U.S TIPS are securities issued by the U.S. Treasury that generate principal and interest payments designed to adjust for and help protect against inflation.
See more details on sponsor's website

Country: United States

Key Info

In Your Portfolio: Broad U.S. Bond ETFs, A Guide to U.S. Government Bond ETFs
Asset Class Performance: Bonds

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| Earnings
| Dividends
| M&A
| On the move

Tuesday, June 4, 4:42 PM More Gundlach (previous): "I really dislike TIPS (TIP) and have really disliked them recently." There's no inflation, which makes them a lousy investment, he says, but even if you think there's going to be inflation, why not wait and buy them at a far lower price. Comment!
Thursday, May 30, 3:39 PM State Street launches the SPDR 1-10 Year TIPS ETF (TIPX), set to track the Barclays 1-10 Year Government Inflation-linked Bond Index. It appears similar in structure to another State Street TIPS fund (IPE), but with an expense ratio 3.5 bps lower at 0.15%. Also launched is the SPDR S&P Global Dividend ETF (WDIV), set to track the S&P Global Dividend Aristocrats Index. It has a cost of 0.40% and joins competitors DEW and LVL, each of those with coming with slightly higher costs. 1 Comment
Wednesday, May 15, 3:40 PM More from Gundlach: Not concerned about inflation, he calls TIPS (TIP) "pretty bad" investments and says he'll be a buyer if the 10-year (TLT) yield bounces back to 2% (off 3 bps today to 1.94%). As for the inevitable Apple (AAPL -3.3%) question - he prefers the common stock to the just-issued bonds. Warren Buffett says he prays for stocks he owns to go down in price - it allows him and company repurchase programs to buy at better prices. Is Apple putting money to work the last couple of days? 15 Comments [Tech]
Friday, April 26, 3:26 PM TIPS have mostly rebounded from a recent selloff, but Barclays spots an opportunity at the short-end of the curve. Some 1-year notes are expected to fall in price next week when they fall out of the Barclays U.S. TIPS Index (which must drop them when less than a year to maturity). The ensuing forced selling by funds such as the TIP could create a bargain price for buyers. Comment!
Friday, April 19, 12:48 PM Bill Gross takes advantage of the recent selloff in TIPS (TIP) to add to his holdings, noting the break-even rate for longer-dated paper has fallen to 2.35% (if inflation comes in above this number, TIPS outperform Treasurys). Yesterday's Treasury auction of TIPS was a mess, with one trader calling the action a "get me out" trade. Gross is getting in. 1 Comment [U.S. Economy]
Monday, April 15, 1:42 PM Gold isn't the only inflation hedge losing fans as funds owning TIPS have seen 3 straight months of outflows, according to Morningstar, the first such streak since 2008. At current levels, 5-year TIPS (TIP) would break even only if inflation rises more than 2.18% annually. "We just don't see (it)," says formerly bullish strategist Dan Heckman, whose fund has been a seller of late. 1 Comment [Financials, U.S. Economy]
Friday, January 25, 3:24 PM Inflation-protected securities have duration as well. Today's selloff in Treasurys (TLT -1.5%) is also taking a bite out of TIPS (TIP -0.5%). Meanwhile, Morningstar launches its Real Asset Index which will hold a portfolio of TIPS, REITs, and commodity stocks and futures. Perhaps an ETF will soon be launched to track it. Comment! [U.S. Economy]
Wednesday, December 19, 2012, 3:27 PM Bill Gross (BOND) is "lightening positions" in MBS after they've been a big winner for his funds this year (interesting: the MBB has actually declined since the Fed began QE∞). He's also cutting back on his holdings of corporate paper (LQD). Expecting the Fed to eventually produce higher inflation, he's added to his holdings of TIPS (TIP), while cutting back on non-inflation protected Treasurys. 3 Comments [U.S. Economy, Financials]
Wednesday, December 12, 2012, 4:36 PM Treasurys have a tough day following the Fed's decision to pour on the liquidity, the price on the 10-year note falling nearly half a point following the FOMC announcement. Inflation-protected securities continue to be a (relatively) excellent place to hide out, with TIP -0.3% against TLT's 1.2% decline. No inflation worries? TIPS have outperformed Treasurys of a similar maturity by a wide margin this year. Comment! [U.S. Economy]
Thursday, December 6, 2012, 11:28 AM No inflation? It's another record-high for the TIPS Bond Fund (TIP) as inflation-protected securities continue to outperform Treasurys of a similar maturity (a run stretching back to Sept. 2011). Thus far this year, TIP has posted a total return of better than 8%. 1 Comment [U.S. Economy]
Wednesday, November 21, 2012, 11:47 AM The Treasury sells $13B in 10-year TIPS priced to yield -0.72% vs. a when-issued yield of -0.76%. Bid-to-cover ratio of 2.53 vs. a recent 2.35; indirect bidders take down 48% vs. a recent 43.8%, direct bidders 10.3%. TIP -0.3%. Comment! [U.S. Economy]
Wednesday, October 17, 2012, 9:12 AM TIPS investors have another fund to choose from as Vanguard's Short-Term Inflation Protected Securities ETF (VTIP) traded 30K shares on its launch yesterday. The fund's fee is 0.10% vs. similar funds STIP and STPZ which charge 0.20%. 1 Comment [U.S. Economy]
Friday, September 21, 2012, 10:41 AM Charles Schwab (SCHW) slashes fees on its line of 15 ETFs by 25-60%. The U.S. Broad Market ETF (SCHB) expense ratio is cut to just 4 basis points from 6 basis points. Comment! [Breaking News, Financials]
Thursday, September 20, 2012, 1:23 PM Investors grudgingly pay up for inflation protection, the Treasury selling $13B in 56-month TIPS at -0.75% - the 5th consecutive auction of negative yields. Bid-to-cover ratio of 2.35 vs. a recent average of 2.78; direct bidders took down 7.6% vs a recent 15.6%, indirect bidders 43.8% vs. a recent 39%. On-the-run TIPS take a bit of a tumble after the weakish results. TIP -0.2%. Comment! [U.S. Economy]
Friday, September 14, 2012, 3:23 PM Deflation risk? As Treasurys plummet (TLT -2.4%), inflation-protected bonds (TIP +0.5%) move in the opposite direction. Michael Gayed tracks the ratio of TIP to the 7-10 year Treasury ETF (IEF) as a way to gauge inflation expectations, and it's spiked higher of late, suggesting far higher inflation fears. 12 Comments [U.S. Economy]
Thursday, August 23, 2012, 5:09 PM Noting the FOMC minutes said additional ease is coming fairly soon unless the economy sees "sustainable strengthening," Bill Gross says QE3 is a "done deal." He expects an open-ended program in which neither the size nor ending date of asset purchases is fixed. How to play it? Buy TIPs and buy mortgages (or buy the companies that buy mortgages). 4 Comments [Financials, U.S. Economy]

SCHP Schwab U.S. TIPS ETF

SCHP

Schwab U.S. TIPS ETF