PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund
$46.62−0.79 (−1.67%)
- Expense ratio
- 0.20%
- Fund size
- $849M
- 1Y return
- −4.7%
- Yield · Last 12 months
- 6.54%
- Holdings
- 17
- Volume · 30D
- 0.3M sh
- NAV per share
- $47.59
- 52W range
The ETF.net LTPZ Grade
Score 44 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.FScore 24Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 70Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.FScore 15Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.BScore 56Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.BScore 57Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 77Category rank
Our read on LTPZ
CInflation protection with the duration dial cranked all the way up. LTPZ holds only TIPS maturing in 15 years or more, so it swings on long-term real yields far more than a whole-curve inflation fund.
The fund seeks total returns that closely track, before fees and expenses, the return of its specified index. It uses representative sampling to obtain exposure to that index.
Why people hold it
- Owns only Treasury inflation-linked bonds maturing in 15 years or more, the long slice that broad TIPS funds dilute with short notes.pimco.com
- Rules-based, not a curve-timing bet: it samples the 15+ year U.S. inflation-linked Treasury index instead of leaving maturity calls to a manager.pimco.com
- Has run the same long-TIPS mandate since launching in 2009, a track record spanning very different rate and inflation regimes.
Worth knowing
- At 0.20% a year it costs more than the typical Treasury bond ETF, and whole-curve TIPS options such as SCHP charge a fraction of that.
- Long maturities cut both ways. When long-term real yields rise, prices drop hard. Inflation-linked does not mean price-stable.pimco.com
- Mid-sized and moderately traded, so spreads can show up in your fill price, and its payouts land irregularly rather than on a set schedule.
LTPZ Holdings
- Bonds
- 17
- 79%
- TSY INFL IX N/B 02/44 1.375 1.38% 02/15/2044
Geography
- United States100.00%
LTPZ Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | LTPZ |
|---|---|
| Year to date | −4.0% |
| 1 month | −0.7% |
| 3 months | −4.2% |
| 1 year | −4.7% |
| 3 years | +0.2% |
| 5 years | −7.6% |
| 10 years | −0.3% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | LTPZ |
|---|---|---|
| 2026 YTD | −4.0% | |
| 2025 | +4.0% | |
| 2024 | −4.8% | |
| 2023 | +1.0% | |
| 2022 | −31.7% | |
| 2021 | +7.0% | |
| 2020 | +24.9% |
LTPZ in the news
ETF.net Research hasn’t filed on LTPZ yet — coverage lands here as it’s written.
LTPZ Dividends
- 6.54%
- $3.10
- $0.46 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Aug 3, 2026 | Aug 5, 2026 | $0.46 |
| Jul 1, 2026 | Jul 6, 2026 | $0.63 |
| Jun 1, 2026 | Jun 3, 2026 | $0.70 |
| May 1, 2026 | May 5, 2026 | $0.53 |
| Apr 1, 2026 | Apr 3, 2026 | $0.02 |
| Dec 31, 2025 | Jan 5, 2026 | $0.20 |
| Dec 1, 2025 | Dec 3, 2025 | $0.20 |
| Nov 3, 2025 | Nov 5, 2025 | $0.22 |
| Oct 1, 2025 | Oct 3, 2025 | $0.14 |
| Sep 2, 2025 | Sep 4, 2025 | $0.24 |
| Aug 1, 2025 | Aug 5, 2025 | $0.17 |
| Jul 1, 2025 | Jul 3, 2025 | $0.23 |
LTPZ Risk
- 11.6%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- −0.40
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −41.0%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 1.95
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
LTPZ Cost
- The middle half of TIPS funds
- Median 0.10%
31 of the 41 TIPS funds charge less.