Northern Trust iBoxx 5-Year Target Duration TIPS ETF
$22.80−0.01 (−0.07%)
- 0.19%
- $1.1B
- −1.4%
- 5.19%
- 0.2M sh
- $22.74
- low $22.63high $24.41
The ETF.net TDTF Grade
B
Score 56 out of 100
- 21 of 41
Score 56 of 100 falls in the B 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.A94 out of 100Rank 9 of 33Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C47 out of 100Rank 18 of 41Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.B56 out of 100Rank 13 of 41Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.B66 out of 100Rank 18 of 41Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A74 out of 100Rank 11 of 41
Our read on TDTF
BMost TIPS funds hand you whatever duration the inflation-linked market happens to carry. TDTF tracks an index built around a five-year duration target, keeping its rate sensitivity parked mid-curve by design.
The Fund seeks to track the price and yield performance of the iBoxx 5-Year Target Duration TIPS Index before fees and expenses.
Why people hold it
- The point of the thing: a five-year target duration index, not the shifting maturity mix of the whole TIPS market.
- Straight passive plumbing. It aims to track the price and yield of its index before fees, using US inflation-protected Treasuries.
- Trading since 2011 with over a billion dollars in assets, so this is a seasoned fund rather than a recent launch chasing a theme.
Worth knowing
- 0.19% a year is above the Treasury-fund median of 0.12%, and broad TIPS rivals like SCHP charge 0.03%. The duration targeting is what you pay up for.
- Inflation protection is not price stability. A five-year duration still moves when real yields move, in both directions.
- Payouts are irregular rather than a steady monthly rhythm, and trading is moderate rather than deep, so limit orders are worth using.
TDTF Holdings
- Bonds
- 17
- 76%
- United States of America Notes Fixed 1.25%
Geography
- United States100.00%
TDTF Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
TDTF$9,863
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 | TDTF |
|---|---|
| Year to date | −1.2% |
| 1 month | −0.9% |
| 3 months | −2.3% |
| 1 year | −1.4% |
| 3 years | +4.5% |
| 5 years | +0.8% |
| 10 years | +2.6% |
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 | TDTF |
|---|---|---|
| 2026 YTD | −1.2% | |
| 2025 | +7.9% | |
| 2024 | +2.4% | |
| 2023 | +4.1% | |
| 2022 | −9.7% | |
| 2021 | +5.5% | |
| 2020 | +10.0% |
TDTF in the news
The Big Picture
The Fed hiked. The 30-year yield fell 1 basis point
TDTF Dividends
- 5.19%
- $1.18
- $0.18 per share
- Monthly
Distribution history
TDTF Risk
- 4.1%
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.
- −0.07
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.
- −12.0%
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.
- 0.64
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
TDTF Cost
0.19%
TDTF0.19%
- The middle half of TIPS funds
- Median 0.10%
28 of the 41 TIPS funds charge less.
Other funds in TIPS
- BIBIEiShares iBonds Oct 2028 Term TIPS ETFExpense ratio 0.10%1 year return +2.2%
- BTIPANorthern Trust 2030 Inflation-Linked Distributing Ladder ETFExpense ratio 0.10%1 year return +1.7%
- CTDTTNorthern Trust iBoxx 3-Year Target Duration TIPS ETFExpense ratio 0.19%1 year return +0.6%
- CSTPZPIMCO 1-5 Year U.S. TIPS Index Exchange-Traded FundExpense ratio 0.20%1 year return +0.5%
- CTIPZPIMCO Broad U.S. TIPS Index Exchange-Traded FundExpense ratio 0.20%1 year return −2.2%