description Schwab U.S. TIPS ETF (SCHP) Overview
The Schwab U.S. TIPS ETF (SCHP) invests in Treasury Inflation-Protected Securities (TIPS), which are designed to protect investors from inflation. TIPS adjust their principal value based on changes in the Consumer Price Index (CPI). This fund offers a real return, meaning the yield is adjusted for inflation.
It's a valuable tool for preserving purchasing power over the long term, particularly during periods of rising inflation. It's suitable for investors concerned about inflation eroding their returns.
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