Northern Trust iBoxx 5-Year Target Duration TIPS ETF
The ETF.net TDTF Grade
B
Score 57 out of 100
- 20 of 41
Score 57 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.D31 out of 100Rank 27 of 41Mission
Whether the fund did what it promised, tested against its stated mandate.A97 out of 100Rank 9 of 33Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C40 out of 100Rank 24 of 41Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.B57 out of 100Rank 13 of 41Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.B56 out of 100Rank 23 of 41Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A76 out of 100Rank 9 of 41
Our read on TDTF
In short
BMost TIPS funds let their interest-rate sensitivity drift as bonds age. TDTF pins it: a monthly-rebalanced index built to hold modified adjusted duration near five years, for 0.18% net of a waiver through March 1, 2027.
Stated mandate
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
Worth knowing
TDTF Holdings
- Bonds
- 16
- 75%
- 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$10,065
Returns run to the Oct 30, 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 | +0.6% |
| 1 month | +2.4% |
| 3 months | −0.3% |
| 1 year | +0.7% |
| 3 years | +5.2% |
| 5 years | +1.0% |
| 10 years | +2.7% |
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 | +0.6% | |
| 2025 | +7.9% | |
| 2024 | +2.4% | |
| 2023 | +4.1% | |
| 2022 | −9.7% | |
| 2021 | +5.5% | |
| 2020 | +10.0% |
TDTF in the news
TDTF Dividends
- 5.09%
- $1.18
- $0.18 per share
- Monthly
TDTF Risk
- 4.2%
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.
- 0.18
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.
FMP measures it over up to five years of monthly returns.
TDTF Cost
Overpaying vs VTIP, tied cheapest in TIPS
$3,111
On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.
TDTF 0.18%
$3,749
VTIP 0.03% Tied cheapest
$638
Cost over time
Year by year
| Year | TDTF | VTIP | Overpaying |
|---|---|---|---|
| 10 | $328 | $55 | $273 |
| 20 | $1,281 | $216 | $1,065 |
| 30 | $3,749 | $638 | $3,111 |
You pay 0.18%Waived by FlexShares 0.01%
Full fee 0.19% waiver 0.01% you pay 0.18%
Other funds in TIPS
- BTIPANorthern Trust 2030 Inflation-Linked Distributing Ladder ETFExpense ratio 0.10%1 year return
- BIBIFiShares iBonds Oct 2029 Term TIPS ETFExpense ratio 0.10%1 year return +2.1%
- BTDTTNorthern Trust iBoxx 3-Year Target Duration TIPS ETFExpense ratio 0.18%1 year return +2.0%
- CSTPZPIMCO 1-5 Year U.S. TIPS Index Exchange-Traded FundExpense ratio 0.20%1 year return +2.0%
- CIBILiShares iBonds Oct 2035 Term TIPS ETFExpense ratio 0.10%1 year return −0.7%
