Northern Trust 2045 Inflation-Linked Distributing Ladder ETF
The ETF.net TIPC Grade
B
Score 60 out of 100
- 17 of 40
Score 60 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 40Mission
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.F24 out of 100Rank 34 of 40Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.D34 out of 100Rank 32 of 40Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A71 out of 100Rank 12 of 40Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.D31 out of 100Rank 34 of 40
Our read on TIPC
In short
BA 20-year TIPS ladder in one ticker. TIPC holds inflation-protected Treasuries maturing in yearly rungs through 2045, sending back income and principal along the way, then liquidating in the terminal year.
Stated mandate
The Fund is actively managed and uses a laddered bond strategy investing in U.S. Treasury Inflation-Protected Securities with maturities through 2045. It seeks periodic inflation-linked distributions comprising income and/or principal through that year.
Why people hold it
Worth knowing
TIPC 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.
TIPC$9,861
Returns run to the Nov 9, 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 | TIPC |
|---|---|
| Year to date | −0.8% |
| 1 month | +2.4% |
| 3 months | −1.0% |
| 1 year | −1.4% |
| 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 | TIPC |
|---|---|---|
| 2026 YTD | −0.8% | |
| 2025 | +1.8% |
TIPC in the news
TIPC Dividends
- 5.99%
- $5.67
- $0.50 per share
- Monthly
Distribution history
$10,000 in TIPC 1 year ago paid $555 in dividends.
TIPC Risk
- 5.7%
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.
- −0.63
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.
- −5.8%
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.
- 0.16
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.
TIPC Cost
Overpaying vs VTIP, tied cheapest in TIPS
$1,468
On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.
TIPC 0.10%
$2,106
VTIP 0.03% Tied cheapest
$638
Cost over time
Year by year
| Year | TIPC | VTIP | Overpaying |
|---|---|---|---|
| 10 | $183 | $55 | $128 |
| 20 | $717 | $216 | $501 |
| 30 | $2,106 | $638 | $1,468 |
Other funds in TIPS
- BIBIJiShares iBonds Oct 2033 Term TIPS ETFExpense ratio 0.10%1 year return −0.4%
- BIBIKiShares iBonds Oct 2034 Term TIPS ETFExpense ratio 0.10%1 year return −0.6%
- BIBIEiShares iBonds Oct 2028 Term TIPS ETFExpense ratio 0.10%1 year return +2.4%
- BTIPANorthern Trust 2030 Inflation-Linked Distributing Ladder ETFExpense ratio 0.10%1 year return +2.3%
- BTDTFNorthern Trust iBoxx 5-Year Target Duration TIPS ETFExpense ratio 0.18%1 year return 0.0%
