SCHP vs TDTT: Holdings Overlap
Schwab · 48 holdings · $16.3B · as of 2026-03-31
TDTTFlexShares iBoxx 3-Year Target Duration TIPS Index Fund
FlexShares · 22 holdings · $2.5B · as of 2026-04-30
Holdings snapshots are 30 days apart (SCHP: 2026-03-31, TDTT: 2026-04-30). Weights and index membership change between snapshots, so the true current overlap is typically higher than shown. For funds tracking the same index, the gap can be 5–15 points.
How similar are SCHP and TDTT?
Schwab U.S. TIPS ETF (SCHP, by Schwab) holds 48 positions; FlexShares iBoxx 3-Year Target Duration TIPS Index Fund (TDTT, by FlexShares) holds 22. They have 22 holdings in common, and by portfolio weight the two funds are 54.8% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 54.8%Sum of the smaller weight of each shared holding
- Shared Holdings
- 22SCHP holds 48 · TDTT holds 22
- Weight in Shared Holdings
- SCHP 55%·TDTT 99%Share of each fund's weight in stocks both funds own
Based on each fund's latest official holdings. How is this calculated?
What makes each fund different
Only in SCHP
26 of 48 positions (44.8% of the fund) are not held by TDTT.
- U.S. Treasury Inflation-Indexed Notes4.12%
- U.S. Treasury Inflation-Indexed Notes4.07%
- U.S. Treasury Inflation-Indexed Notes3.83%
- U.S. Treasury Inflation-Indexed Notes3.65%
- U.S. Treasury Inflation-Indexed Notes3.41%
- U.S. Treasury Inflation-Indexed Notes3.39%
Only in TDTT
Every position in TDTT is also held by SCHP, so it brings nothing the other fund doesn’t already own.
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| SCHP | -0.2% | +0.9% | +2.0% | +3.9% | +0.5% | +2.5% | 5.02% |
| TDTT | +0.0% | +1.5% | +2.5% | +4.8% | +2.6% | +3.0% | 5.60% |
Total returns including dividends, from adjusted daily closes as of 2026-08-07. 3Y/5Y/10Y are annualized. Yield is trailing-12-month distributions over the last close. Past performance does not predict future results.
Project the growth of $10,000 in SCHP vs TDTT →
Shared Holdings(22)
The top 10 shared positions account for 58% of the overlap, led by U.S. Treasury Inflation-Indexed Notes, U.S. Treasury Inflation-Indexed Notes and U.S. Treasury Inflation-Indexed Notes.
| U.S. Treasury Inflation-Indexed Notes | 3.46% | 3.74% | 3.46% |
|---|---|---|---|
| U.S. Treasury Inflation-Indexed Notes | 3.44% | 3.72% | 3.44% |
| U.S. Treasury Inflation-Indexed Notes | 3.33% | 3.37% | 3.33% |
| U.S. Treasury Inflation-Indexed Notes | 3.22% | 10.75% | 3.22% |
| U.S. Treasury Inflation-Indexed Notes | 3.21% | 10.68% | 3.21% |
| U.S. Treasury Inflation-Indexed Notes | 3.10% | 3.08% | 3.08% |
| U.S. Treasury Inflation-Indexed Notes | 3.02% | 3.12% | 3.02% |
| U.S. Treasury Inflation-Indexed Notes | 3.02% | 3.00% | 3.00% |
| U.S. Treasury Inflation-Indexed Notes | 2.96% | 3.64% | 2.96% |
| U.S. Treasury Inflation-Indexed Notes | 2.93% | 3.50% | 2.93% |
| U.S. Treasury Inflation-Indexed Notes | 2.86% | 3.56% | 2.86% |
| U.S. Treasury Inflation-Indexed Notes | 2.73% | 3.49% | 2.73% |
| U.S. Treasury Inflation-Indexed Notes | 2.68% | 3.37% | 2.68% |
| U.S. Treasury Inflation-Indexed Notes | 2.63% | 3.44% | 2.63% |
| U.S. Treasury Inflation-Indexed Notes | 2.37% | 3.25% | 2.37% |
| U.S. Treasury Inflation-Indexed Notes | 2.37% | 3.40% | 2.37% |
| U.S. Treasury Inflation-Indexed Notes | 2.05% | 10.71% | 2.05% |
| U.S. Treasury Inflation-Indexed Bonds | 1.44% | 9.52% | 1.44% |
| U.S. Treasury Inflation-Indexed Bonds | 1.22% | 2.44% | 1.22% |
| U.S. Treasury Inflation-Indexed Bonds | 1.14% | 1.68% | 1.14% |
| U.S. Treasury Inflation-Indexed Bonds | 1.09% | 5.13% | 1.09% |
| U.S. Treasury Inflation-Indexed Bonds | 0.54% | 0.70% | 0.54% |
Frequently Asked Questions
How much do SCHP and TDTT overlap?
SCHP and TDTT overlap by 54.8% of portfolio weight. They share 22 holdings (SCHP holds 48 positions and TDTT holds 22), based on each fund's latest SEC-reported holdings.
Is it redundant to own both SCHP and TDTT?
The two portfolios are 54.8% identical by weight. Owning both is defensible: they share a meaningful core, but each fund adds exposure the other lacks.
What are the biggest shared holdings of SCHP and TDTT?
The largest positions held by both funds are U.S. Treasury Inflation-Indexed Notes, U.S. Treasury Inflation-Indexed Notes, U.S. Treasury Inflation-Indexed Notes, U.S. Treasury Inflation-Indexed Notes and U.S. Treasury Inflation-Indexed Notes. Together the top 10 shared positions account for 58% of the total overlap.
What does SCHP own that TDTT doesn't?
26 positions (44.8% of SCHP) are unique to SCHP, led by U.S. Treasury Inflation-Indexed Notes, U.S. Treasury Inflation-Indexed Notes and U.S. Treasury Inflation-Indexed Notes. In the other direction, 0 positions (0.0% of TDTT) are unique to TDTT.