Vanguard Short-Term Inflation-Protected Securities ETF
$48.46−0.03 (−0.06%)
- 0.03%
- $73.2B
- +1.5%
- 4.84%
- 2.7M sh
- $48.47
- low $48.28high $50.48
The ETF.net VTIP Grade
A
Score 73 out of 100
- 4 of 41
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.A98 out of 100Rank 1 of 41Mission
Whether the fund did what it promised, tested against its stated mandate.C42 out of 100Rank 31 of 33Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B64 out of 100Rank 10 of 41Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A81 out of 100Rank 5 of 41Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A74 out of 100Rank 11 of 41Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A96 out of 100Rank 1 of 41
Our read on VTIP
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.
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.advisors.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.advisors.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 Holdings
- Bonds
- 27
- 50%
- United States Treasury Inflation Indexed Bonds 1.13% 10/15/2030
Geography
- United States100.00%
VTIP Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
VTIP$10,151
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 | VTIP |
|---|---|
| Year to date | +1.3% |
| 1 month | −0.2% |
| 3 months | −0.4% |
| 1 year | +1.5% |
| 3 years | +4.9% |
| 5 years | +2.9% |
| 10 years | +3.0% |
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 | VTIP |
|---|---|---|
| 2026 YTD | +1.3% | |
| 2025 | +6.1% | |
| 2024 | +4.7% | |
| 2023 | +4.6% | |
| 2022 | −3.0% | |
| 2021 | +5.4% | |
| 2020 | +4.9% |
VTIP in the news
VTIP Dividends
- 4.84%
- $2.35
- $0.93 per share
- Quarterly
Distribution history
VTIP Risk
- 1.8%
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.
- 0.10
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.
- −5.5%
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.
VTIP Cost
0.03%
VTIP0.03%
- The middle half of TIPS funds
- Median 0.10%
No TIPS fund charges less.
Other funds in TIPS
- ASTIPiShares 0-5 Year TIPS Bond ETFExpense ratio 0.03%1 year return +1.5%
- AVTPVanguard Total Inflation-Protected Securities ETFExpense ratio 0.05%1 year return −2.1%
- 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%
- BTIPBNorthern Trust 2035 Inflation-Linked Distributing Ladder ETFExpense ratio 0.10%1 year return −0.4%