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Launched

Vanguard Total Inflation-Protected Securities ETF

VTPNYSE ArcaVanguardA

$73.84+0.13 (+0.18%)

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

A77/ 100

Rank 3 of 40 in TIPS

A77/100Rank 3 of 40inTIPS
Intraday session: up, 78 prints from 73.71 to 73.84. Range 73.68 to 73.91. Use the arrow keys to read each point.73.7573.8073.9010 AM12 PM2 PM4 PM
Expense ratio
0.05%
Fund size · all share classes
$251M
1Y total return
+0.3%
Yield · Last 12 months
3.75%
Holdings
51
Avg volume · 30D
65K sh
52W range
low $71.97high $79.36
Launched

The ETF.net VTP Grade

A

Score 77 out of 100

Category
TIPS⁠
Rank
3 of 40
Six-pillar profile for VTP. Scores out of 100: Cost 92, Risk 42, Mission 100, Tradability 51, Holdings 79, Durability 64. Strongest: Mission (100). Weakest: Risk (42). Leans toward Mission.

Score 77 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.
    A92 out of 100
    Rank 4 of 40

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A100 out of 100
    Rank 1 of 33

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    C42 out of 100
    Rank 23 of 40

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    C51 out of 100
    Rank 16 of 40

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    A79 out of 100
    Rank 7 of 40

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    B64 out of 100
    Rank 15 of 40

Our read on VTP

ETF.net Research

In short

AVanguard's ETF answer for the whole TIPS curve. It tracks a market-value-weighted index of Treasury inflation-linked bonds with at least a year left to run, charges five basis points, and opened for business in 2025.

Stated mandate

The Fund passively tracks the full market of U.S. Treasury inflation-protected public obligations through the ICE U.S. Treasury Inflation Linked Bond Index.

Why people hold it

  • Five basis points: under half the typical fund in its Treasury peer group, and well below the 0.12% charged by broad TIPS rival SPIP.
  • Full-curve coverage. The index is market value weighted and takes inflation-protected Treasuries with at least one year to maturity, no upper limit, so no single maturity slice bet.ice.com
  • Vanguard's other inflation-linked ETF stops below five years to maturity. This one is the long-end-included sibling, in the same low-cost index wrapper.vanguard.com
  • The inflation link sits inside the bonds, not in a strategy overlay: principal and coupons are indexed to consumer prices, and the fund passes income through quarterly.vanguard.com

Worth knowing

  • Owning the long end cuts both ways. Real-rate moves hit a full-maturity TIPS portfolio harder than a sub-five-year one, so expect more price movement.ice.comvanguard.com
  • A 2025 launch means a short track record and thinner trading than the long-established TIPS funds, which can show up as wider bid-ask spreads.
  • Payouts move with inflation adjustments rather than a fixed rate, and Vanguard discloses that a distribution can include return of capital.vanguard.com

VTP Holdings

Holdings pillarA79 out of 100Rank 7 of 40 in TIPS
Asset class
Bonds
Holdings
51
Top-10 weight
36%
Largest holding
United States Treasury Inflation Indexed Bonds 1.88% 07/15/20353.9%

Sectors

  • Government100.0%

Geography

  • United States100.00%
The fund’s holdings, weight-ordered — page 1 of 4.
#TickerCompanyWeight %SharesMarket valueHeld by ETFs
1No dataUnited States Treasury Inflation Indexed Bonds 1.88% 07/15/20353.94%100,760$9.69M7
2No dataUnited States Treasury Inflation Indexed Bonds 2.13% 01/15/20353.90%95,620$9.58M6
3No dataUnited States Treasury Inflation Indexed Bonds 1.88% 01/15/20363.87%101,010$9.51M9
4No dataUnited States Treasury Inflation Indexed Bonds 1.88% 07/15/20343.68%90,620$9.04M6
5No dataUnited States Treasury Inflation Indexed Bonds 1.75% 01/15/20343.52%85,510$8.65M6
6No dataUnited States Treasury Inflation Indexed Bonds 1.13% 10/15/20303.39%85,470$8.34M6
7No dataUnited States Treasury Inflation Indexed Bonds 1.25% 04/15/20313.35%85,590$8.23M11
8No dataUnited States Treasury Inflation Indexed Bonds 1.63% 04/15/20303.34%81,210$8.21M11
9No dataUnited States Treasury Inflation Indexed Bonds 1.13% 01/15/20333.31%79,840$8.12M5
10No dataUnited States Treasury Inflation Indexed Bonds 1.63% 10/15/20293.29%78,260$8.09M12
11No dataUnited States Treasury Inflation Indexed Bonds 0.63% 07/15/20323.28%78,640$8.06M5
12No dataUnited States Treasury Inflation Indexed Bonds 1.38% 07/15/20333.27%79,700$8.04M4
13No dataUnited States Treasury Inflation Indexed Bonds 2.38% 10/15/20283.18%71,790$7.82M13
14No dataUnited States Treasury Inflation Indexed Bonds 2.13% 04/15/20293.18%73,320$7.81M10
15No dataUnited States Treasury Inflation Indexed Bonds 0.13% 01/15/20323.10%72,260$7.61M4

Showing 1–15 of 51 holdings

VTP Performance

Launched Jul 7, 2025

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.
VTP$10,029
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. VTP $10,029. 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 VTP. Periods over one year show the average yearly return.
PeriodVTP
Year to date+0.2%
1 month+2.4%
3 months−0.5%
1 year+0.3%
3 yearsFund is under 3 years oldper yearNo data
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

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 VTP
YearReturn barVTP
2026 YTD+0.2%
2025+2.3%

History from Jul 9, 2025

VTP in the news

Filtered to VTP · TIPS

VTP 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.
3.75%Last 12 months
Payout per share
$2.77Last 12 months
Last payment
$0.99 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Quarterly

Distribution history

2025–2026

One bar per payment. 5 payments from 2025 to 2026 YTD. Oct 1, 2025 $0.47; Dec 18, 2025 $0.71; Apr 1, 2026 $0.06; Jul 1, 2026 $1.01; Oct 1, 2026 $0.99. Use the arrow keys to read each point.20252026YTD
Ex-datePay dateAmount per share
Oct 1, 2026Oct 5, 2026$0.99
Jul 1, 2026Jul 6, 2026$1.01
Apr 1, 2026Apr 6, 2026$0.06
Dec 18, 2025Dec 22, 2025$0.71
Oct 1, 2025Oct 3, 2025$0.47

$10,000 in VTP 1 year ago paid $361 in dividends.

VTP Risk

Risk pillarC42 out of 100Rank 23 of 40 in TIPS
How much the fund’s monthly returns vary, scaled to a year.
4.3%
Annualised · 15 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.
−0.42
vs 3-month T-bills · 15 months 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.
−4.0%
15 months · trough Oct 2026
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.
0.14
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.

VTP Cost

Compare VTP and VTIP

Overpaying vs VTIP, tied cheapest in TIPS

$422

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

  • VTP 0.05%

    $1,060

  • VTIP 0.03% Tied cheapest

    $638

$10,000
30 years

Cost over time

  • VTP 0.05%
  • VTIP 0.03%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$250$500$750$1K$1.25K051015202530VTP $1,060VTIP $638

Year by year

YearVTPVTIPOverpaying
10$92$55$37
20$360$216$144
30$1,060$638$422

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