Northern Trust 2055 Inflation-Linked Distributing Ladder ETF
$92.16−1.06 (−1.14%)
- Expense ratio
- 0.10%
- Fund size
- $2M
- 1Y return
- −2.3%
- Yield · Last 12 months
- 7.57%
- Holdings
- 28
- Volume · 30D
- 0M sh
- NAV per share
- $93.33
- 52W range
The ETF.net TIPD Grade
Score 40 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E. A structural cap ceilings this fund at 40, so B and A are out of reach.
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.AScore 84Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.DScore 26Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.FScore 12Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.AScore 83Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.DScore 27Category rank
Our read on TIPD
CA TIPS ladder with a 2055 finish line. TIPD holds inflation-protected Treasuries and pays out income and principal along the way, so the payments are linked to inflation rather than a fixed coupon.
The Fund seeks periodic inflation-linked distributions through U.S. Treasury Inflation Protected Securities, providing income and/or principal through 2055.
Why people hold it
- A target-maturity fund built on inflation-protected Treasuries, not corporate bonds: distributions are inflation-linked, and the ladder is designed to pay down through 2055.flexshares.com
- 0.10% a year, in line with what target-maturity bond ETFs typically charge, and the underlying paper is US Treasury issued, so there is no corporate credit to underwrite.
- One ticker replaces the chore of buying and rolling a couple dozen individual TIPS: Northern Trust's FlexShares runs the ladder inside a standard 1940 Act ETF.
Worth knowing
- Payments are periodic rather than clockwork, and the fund discloses they can include return of principal. Treat the cash flow as a drawdown, not a level coupon.flexshares.com
- Launched in 2025 and still small and lightly traded, so bid-ask spreads can run wider than in the long-established bullet-bond ladders.
- A 2055 horizon means decades of duration. Real-yield swings can move the share price sharply long before the ladder finishes paying out.
TIPD Holdings
- Bonds
- 28
- 50%
- UNITED STATES OF AMERICA BOND FIXED 2.125%
Geography
- United States100.00%
TIPD 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 | TIPD |
|---|---|
| Year to date | −2.0% |
| 1 month | −1.2% |
| 3 months | −2.6% |
| 1 year | −2.3% |
| 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 | TIPD |
|---|---|---|
| 2026 YTD | −2.0% | |
| 2025 | +2.0% |
TIPD in the news
ETF.net Research hasn’t filed on TIPD yet — coverage lands here as it’s written.
TIPD Dividends
- 7.57%
- $7.06
- $0.70 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Aug 3, 2026 | Aug 7, 2026 | $0.70 |
| Jul 1, 2026 | Jul 8, 2026 | $2.24 |
| Jun 1, 2026 | Jun 5, 2026 | $1.38 |
| May 1, 2026 | May 7, 2026 | $0.71 |
| Apr 1, 2026 | Apr 7, 2026 | $0.39 |
| Dec 19, 2025 | Dec 26, 2025 | $0.50 |
| Dec 1, 2025 | Dec 5, 2025 | $0.31 |
| Nov 3, 2025 | Nov 7, 2025 | $0.50 |
| Oct 1, 2025 | Oct 7, 2025 | $0.34 |
| Sep 2, 2025 | Sep 8, 2025 | $0.24 |
TIPD Risk
- 5.3%
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.
- −0.66
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.
- −5.1%
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.
- 0.21
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
TIPD Cost
- The middle half of TIPS funds
- Median 0.10%
6 of the 41 TIPS funds charge less.