Northern Trust 2030 Inflation-Linked Distributing Ladder ETF
$98.16−0.01 (−0.01%)
- Expense ratio
- 0.10%
- Fund size
- $19M
- 1Y return
- +1.7%
- Yield · Last 12 months
- 4.25%
- Holdings
- 6
- Volume · 30D
- 0M sh
- NAV per share
- $98.15
- 52W range
The ETF.net TIPA Grade
Score 59 of 100 sits in the B 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.BScore 68Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.BScore 60Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.BScore 60Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.BScore 57Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.CScore 51Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.DScore 35Category rank
Our read on TIPA
BMost target-maturity bond funds hand you one lump sum at the finish line. TIPA is a ladder of US inflation-protected Treasuries built to pay you down along the way, income and principal, through 2030.
The Fund seeks periodic inflation-linked distributions from U.S. Treasury Inflation Protected Securities through 2030, providing income and/or principal for a five-year spend-down strategy.
Why people hold it
- Built for spending rather than stockpiling: a TIPS ladder designed to distribute income and/or principal across a five-year spend-down runway ending in 2030.flexshares.com
- Inflation-linked at the source. Distributions are drawn from US Treasury Inflation Protected Securities, not fixed coupons from nominal bonds.flexshares.com
- Costs 0.10% a year, in line with the median for target-maturity bond funds and level with heavyweights like BSCU and IBDU.
- Government paper only, so the things that move it are rates and inflation readings rather than corporate credit trouble.
Worth knowing
- The pot is meant to shrink. Payouts can include return of capital, so this is a melting ice cube by design, not a perpetual income stream.
- A small fund that trades thinly, which usually means wider bid-ask spreads than the aisle's largest target-maturity names.
- Launched in 2025, and payouts track inflation adjustments, so amounts vary rather than arriving like a fixed coupon.
TIPA Holdings
- Bonds
- 6
- 100%
- UNITED STATES OF AMERICA NOTES FIXED 0.125%
Geography
- United States100.00%
TIPA 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 | TIPA |
|---|---|
| Year to date | +1.5% |
| 1 month | −0.7% |
| 3 months | +0.0% |
| 1 year | +1.7% |
| 3 years | — |
| 5 years | — |
| 10 years | — |
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 | TIPA |
|---|---|---|
| 2026 YTD | +1.5% | |
| 2025 | +0.9% |
TIPA in the news
ETF.net Research hasn’t filed on TIPA yet — coverage lands here as it’s written.
TIPA Dividends
- 4.25%
- $4.17
- $0.68 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Aug 3, 2026 | Aug 7, 2026 | $0.68 |
| Jul 1, 2026 | Jul 8, 2026 | $1.02 |
| Jun 1, 2026 | Jun 5, 2026 | $0.76 |
| May 1, 2026 | May 7, 2026 | $0.50 |
| Apr 1, 2026 | Apr 7, 2026 | $0.15 |
| Dec 19, 2025 | Dec 26, 2025 | $0.33 |
| Dec 1, 2025 | Dec 5, 2025 | $0.36 |
| Nov 3, 2025 | Nov 7, 2025 | $0.15 |
| Oct 1, 2025 | Oct 7, 2025 | $0.23 |
| Sep 2, 2025 | Sep 8, 2025 | $0.18 |
TIPA Risk
- 1.2%
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.
- −1.44
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.
- −0.9%
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.
- 0.04
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
TIPA Cost
- The middle half of TIPS funds
- Median 0.10%
6 of the 41 TIPS funds charge less.