Northern Trust 2035 Inflation-Linked Distributing Ladder ETF
$96.010.00 (0.00%)
- 0.10%
- $11M
- −0.4%
- 5.00%
- 0M sh
- $95.89
- low $95.55high $101.56
The ETF.net TIPB Grade
B
Score 66 out of 100
- 7 of 41
Score 66 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.B68 out of 100Rank 6 of 41Mission
Whether the fund did what it promised, tested against its stated mandate.A93 out of 100Rank 11 of 33Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B55 out of 100Rank 16 of 41Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C49 out of 100Rank 19 of 41Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.B58 out of 100Rank 24 of 41Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.D33 out of 100Rank 32 of 41
Our read on TIPB
BMost target-maturity bond ETFs ladder nominal bonds and pay fixed coupons. This one holds U.S. Treasury inflation-protected securities and makes periodic inflation-linked payouts of income and, at times, principal, winding down through 2035.
The Fund seeks periodic inflation-linked distributions from U.S. Treasury Inflation Protected Securities, consisting of income and/or principal through 2035.
Why people hold it
- Built on U.S. TIPS, so the distributions it aims to pay track inflation-adjusted Treasury cash flows rather than fixed coupons.
- 0.10% expense ratio, sitting right at the median for target-maturity bond funds.
- Peers like IBTJ, BSCT and IBDU ladder nominal bonds. TIPB runs the same defined-term playbook with inflation-protected Treasuries instead.
- Narrow, checkable mandate: U.S. inflation-protected Treasuries with a 2035 end date, and the portfolio hews closely to it.
Worth knowing
- Payouts are periodic and irregular and can include return of principal, so the cash stream varies and the pot is designed to shrink toward 2035.
- Small asset base and thin trading, so the bid-ask spread can matter more to your cost than the 0.10% fee.
- Launched in 2025, so there is only a short live record of tracking and distribution behavior to examine.
TIPB Holdings
- Bonds
- 11
- 99%
- United States of America Notes Fixed 0.125%
Geography
- United States100.00%
TIPB Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.Not enough history yet.Not enough history yet.
TIPB$9,964
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 | TIPB |
|---|---|
| Year to date | −0.2% |
| 1 month | −0.7% |
| 3 months | −1.7% |
| 1 year | −0.4% |
| 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 | TIPB |
|---|---|---|
| 2026 YTD | −0.2% | |
| 2025 | +1.2% |
TIPB in the news
The Big Picture
The Fed hiked. The 30-year yield fell 1 basis point
TIPB Dividends
- 5.00%
- $4.80
- $0.72 per share
- Monthly
Distribution history
TIPB Risk
- 2.6%
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.
- −1.58
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.
- −2.8%
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.
- 0.08
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
TIPB Cost
0.10%
TIPB0.10%
- The middle half of TIPS funds
- Median 0.10%
6 of the 41 TIPS funds charge less.
Other funds in TIPS
- APBTPInvesco 0-5 Yr US TIPS ETFExpense ratio 0.07%1 year return +1.5%
- BSPIPState Street SPDR Portfolio TIPS ETFExpense ratio 0.12%1 year return −2.4%
- BTIPXState Street SPDR Bloomberg 1-10 Year TIPS ETFExpense ratio 0.15%1 year return −0.6%
- BTIPiShares TIPS Bond ETFExpense ratio 0.18%1 year return −2.2%
- BDFIPDimensional - Inflation-Protected Securities ETFExpense ratio 0.11%1 year return −2.5%