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Launched · SEC filings

Vanguard Short-Term Inflation-Protected Securities ETF

VTIPNasdaqVanguardA

$48.78+0.07 (+0.14%)

At close: Nov 5, 2026, 4:00 PM ET

A73/ 100

Rank 4 of 40 in TIPS

A73/100Rank 4 of 40inTIPS
Intraday session: up, 79 prints from 48.71 to 48.78. Range 48.70 to 48.80. Use the arrow keys to read each point.48.7048.7248.7448.7648.8010 AM12 PM2 PM4 PM
Expense ratio
0.03%
Fund size · all share classes
$20.9B
1Y total return
+2.3%
Yield · Last 12 months
4.81%
Holdings
27
Avg volume · 30D
2.83M sh
52W range
low $48.28high $50.48
Launched
Filings
SEC EDGAR

The ETF.net VTIP Grade

A

Score 73 out of 100

Category
TIPS⁠
Rank
4 of 40
Six-pillar profile for VTIP. Scores out of 100: Cost 97, Risk 62, Mission 42, Tradability 82, Holdings 74, Durability 93. Strongest: Cost (97). Weakest: Mission (42). Leans toward Cost and Durability.

Score 73 of 100 falls in the A 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.
    A97 out of 100
    Rank 1 of 40

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    C42 out of 100
    Rank 31 of 33

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    B62 out of 100
    Rank 11 of 40

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    A82 out of 100
    Rank 5 of 40

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    A74 out of 100
    Rank 11 of 40

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    A93 out of 100
    Rank 1 of 40

Our read on VTIP

ETF.net Research

In short

AInflation protection without the long-bond whiplash. VTIP holds only Treasury TIPS maturing inside five years, so CPI does most of the driving and rate swings do less of it, for three basis points a year.

Stated mandate

Tracks a benchmark measuring the investment return of U.S. Treasury inflation-protected public obligations with remaining maturities under five years.

Why people hold it

  • Three basis points a year, against a 0.12% median for Treasury bond ETFs in its group. Vanguard's at-cost setup shows up right in the fee line.vanguard.com
  • TIPS principal ratchets with CPI, and the under-five-year maturity cap keeps duration short, so rate moves land lighter here than in full-curve TIPS funds like SCHP.vanguard.com
  • Open since 2012 and now a multi-billion-dollar, actively traded fund that owns Treasury paper directly. Plain index rules, no swaps, no credit detours.

Worth knowing

  • Short maturities cut both ways: less sensitivity to rates, and less exposure to shifts in long-run inflation expectations than a full-maturity TIPS fund such as SCHP.
  • Income rides on CPI accruals, so the quarterly payout moves around rather than arriving as a steady coupon.
  • This is one narrow slice of one market, short US Treasury TIPS, not a diversified bond portfolio.

VTIP Performance

Launched Oct 12, 2012

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

VTIP$10,232
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$10,934
Nov 5, 2025 to Nov 5, 2026. VTIP $10,232. SPY $10,934. Use the arrow keys to read each point.$10,000$11,000Nov 2025May 2026Nov 2026

Nov 5, 2025 – Nov 5, 2026

Returns run to the Nov 5, 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.

Trailing total return for VTIP. Periods over one year show the average yearly return.
PeriodVTIP
Year to date+2.0%
1 month+0.8%
3 months+0.1%
1 year+2.3%
3 yearsper year+4.8%
5 yearsper year+2.9%
10 yearsper year+3.0%

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for VTIP
YearReturn barVTIP
2026 YTD+2.0%
2025+6.1%
2024+4.7%
2023+4.6%
2022−3.0%
2021+5.4%
2020+4.9%

VTIP in the news

VTIP Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Nov 5, 2026.
4.81%Last 12 months
Payout per share
$2.35Last 12 months
Last payment
$0.93 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Quarterly

Distribution history

2017–2026

One bar per payment. 32 payments from 2017 to 2026 YTD. Dec 26, 2017 $0.74; Jun 18, 2018 $0.29; Sep 24, 2018 $0.52; Dec 13, 2018 $0.36; Jun 17, 2019 $0.17; Sep 24, 2019 $0.44; Dec 23, 2019 $0.35; Oct 1, 2020 $0.28; Dec 23, 2020 $0.33; Mar 25, 2021 $0.09; Jul 1, 2021 $0.48; Oct 1, 2021 $0.87; Dec 23, 2021 $0.96; Apr 1, 2022 $0.49; Jul 1, 2022 $0.68; Oct 3, 2022 $0.90; Dec 23, 2022 $1.12; Apr 3, 2023 $0.03; Jul 3, 2023 $0.35; Oct 2, 2023 $0.34; Dec 22, 2023 $0.64; Apr 1, 2024 $0.03; Jul 1, 2024 $0.44; Oct 1, 2024 $0.31; Dec 24, 2024 $0.53; Apr 1, 2025 $0.10; Jul 1, 2025 $0.43; Oct 1, 2025 $0.65; Dec 18, 2025 $0.71; Apr 1, 2026 $0.02; Jul 1, 2026 $0.68; Oct 1, 2026 $0.93. Use the arrow keys to read each point.2017201820192020202120222023202420252026YTD
Ex-datePay dateAmount per share
Oct 1, 2026Oct 5, 2026$0.93
Jul 1, 2026Jul 6, 2026$0.68
Apr 1, 2026Apr 6, 2026$0.02
Dec 18, 2025Dec 22, 2025$0.71
Oct 1, 2025Oct 3, 2025$0.65
Jul 1, 2025Jul 3, 2025$0.43
Apr 1, 2025Apr 3, 2025$0.10
Dec 24, 2024Dec 27, 2024$0.53
Oct 1, 2024Oct 3, 2024$0.31
Jul 1, 2024Jul 3, 2024$0.44
Apr 1, 2024Apr 4, 2024$0.03
Dec 22, 2023Dec 28, 2023$0.64

See all 36 payments⁠

$10,000 in VTIP 10 years ago paid $3,160 in dividends.⁠

VTIP Risk

Risk pillarB62 out of 100Rank 11 of 40 in TIPS
How much the fund’s monthly returns vary, scaled to a year.
1.9%
Annualised · 36 months to Oct 2026
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.

Return above 3-month US Treasury bills per unit of volatility.
0.29
vs 3-month T-bills · to Oct 2026
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.

The largest fall from a peak to the low that followed.
−5.5%
Trough Sep 2022
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.

How strongly the fund’s returns move with its asset-class index.
0.21
vs its asset-class index
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.

VTIP Cost

Tied cheapest in TIPS

$638

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • VTIP 0.03%

    $638

$10,000
30 years

Cost over time

  • VTIP 0.03%
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$200$400$600$800051015202530VTIP $638

Year by year

YearVTIP
10$55
20$216
30$638

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