PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund
$45.39+0.17 (+0.38%)
- 0.20%
- $1.0B
- −11.0%
- 6.55%
- 0.4M sh
- $45.14
- low $44.30high $54.87
The ETF.net LTPZ Grade
C
Score 45 out of 100
- 28 of 41
Score 45 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.F24 out of 100Rank 29 of 41Mission
Whether the fund did what it promised, tested against its stated mandate.A71 out of 100Rank 22 of 33Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.F8 out of 100Rank 41 of 41Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.B60 out of 100Rank 11 of 41Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.B63 out of 100Rank 22 of 41Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A77 out of 100Rank 8 of 41
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.
LTPZ$8,901
Returns run to the Oct 12, 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 | −8.5% |
| 1 month | −4.2% |
| 3 months | −7.2% |
| 1 year | −11.0% |
| 3 years | +0.7% |
| 5 years | −8.1% |
| 10 years | −0.6% |
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 | −8.5% | |
| 2025 | +4.0% | |
| 2024 | −4.8% | |
| 2023 | +1.0% | |
| 2022 | −31.7% | |
| 2021 | +7.0% | |
| 2020 | +24.9% |
LTPZ in the news
The Big Picture
The Fed hiked. The 30-year yield fell 1 basis point
LTPZ Dividends
- 6.55%
- $2.96
- $0.46 per share
- Monthly
Distribution history
LTPZ Risk
- 11.5%
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.
- −0.38
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
0.20%
LTPZ0.20%
- The middle half of TIPS funds
- Median 0.10%
31 of the 41 TIPS funds charge less.
Other funds in TIPS
- CIBILiShares iBonds Oct 2035 Term TIPS ETFExpense ratio 0.10%1 year return −3.3%
- CJCPIJPMorgan Inflation Managed Bond ETFExpense ratio 0.39%1 year return −1.6%
- CIBIMiShares iBonds Oct 2036 Term TIPS ETFExpense ratio 0.10%1 year return —
- CLIAEStone Ridge Trust - LifeX 2050 Inflation-Protected Longevity Income ETFExpense ratio 0.25%1 year return −6.0%
- CLIAMStone Ridge Trust - LifeX 2055 Inflation-Protected Longevity Income ETFExpense ratio 0.25%1 year return −7.3%