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VTP

GradeANew York Stock Exchange Arca

Vanguard Total Inflation-Protected Securities ETF

Specialty Bonds · Vanguard · Inception 2025-07-07

$73.64−0.59 (−0.79%)

As of Sep 23, 2026, 2:49 PM EDT

History starts Jul 9, 2025.
Intraday session: down, 30 prints from 74.23 to 73.64. Range 73.62 to 74.16. Use the arrow keys to read each point.$73.80$74.00$74.2010 AM12 PM2 PM4 PM
Expense ratio
0.05%
Fund size
$231M
1Y return
−0.5%
Yield · Last 12 months
Data unavailable
Volume · 30D
0M sh
NAV per share
$74.20
52W range
low $74.00high $79.36

The ETF.net VTP Grade

A

79/ 100

Rank 2 of 41 in TIPS⁠

Confidence High

Six-pillar profile for VTP. Scores out of 100: Cost 93, Risk 53, Mission 100, Tradability 48, Holdings 80, Durability 67. Strongest: Mission (100). Weakest: Tradability (48). Leans toward Mission.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 79 of 100 sits in the A band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    AScore 93
    Category rank4/41 · top 10%

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    AScore 100
    Category rank7/32 · top 22%

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    CScore 53
    Category rank18/41 · top 44%

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    CScore 48
    Category rank21/41 · mid-pack

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    AScore 80
    Category rank6/41 · top 15%

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    BScore 67
    Category rank15/41 · top 37%

Graded as of Sep 22, 2026

Our read on VTP

ETF.net Research

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

  1. 01Five basis points: under half the typical fund in its Treasury peer group, and well below the 0.12% charged by broad TIPS rival SPIP.
  2. 02Full-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
  3. 03Vanguard'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.advisors.vanguard.com
  4. 04The 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.fund-docs.vanguard.com

Worth knowing

  1. 01Owning 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.comadvisors.vanguard.com
  2. 02A 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.
  3. 03Payouts move with inflation adjustments rather than a fixed rate, and Vanguard discloses that a distribution can include return of capital.fund-docs.vanguard.com

VTP Holdings

As of Sep 21, 2026, 7:39 PM
Asset class
Bonds
Holdings
—
Top-10 weight
36%
Largest holding
United States Treasury Inflation Indexed Bonds 1.88% 07/15/20354.0%
The fund’s holdings, weight-ordered — page 1 of 4.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—United States Treasury Inflation Indexed Bonds 1.88% 07/15/20354.03%92,840$9M8
002—United States Treasury Inflation Indexed Bonds 2.13% 01/15/20353.97%88,090$9M7
003—United States Treasury Inflation Indexed Bonds 1.88% 01/15/20363.96%93,060$9M10
004—United States Treasury Inflation Indexed Bonds 1.88% 07/15/20343.75%83,490$9M6
005—United States Treasury Inflation Indexed Bonds 1.75% 01/15/20343.58%78,780$8M7
006—United States Treasury Inflation Indexed Bonds 1.13% 10/15/20303.40%78,750$8M6
007—United States Treasury Inflation Indexed Bonds 1.25% 04/15/20313.37%78,860$8M12
008—United States Treasury Inflation Indexed Bonds 1.13% 01/15/20333.35%73,560$8M5
009—United States Treasury Inflation Indexed Bonds 1.63% 04/15/20303.34%74,820$8M11
010—United States Treasury Inflation Indexed Bonds 1.38% 07/15/20333.32%73,430$8M4
011—United States Treasury Inflation Indexed Bonds 0.63% 07/15/20323.32%72,450$8M5
012—United States Treasury Inflation Indexed Bonds 1.63% 10/15/20293.28%72,100$8M12
013—United States Treasury Inflation Indexed Bonds 2.13% 04/15/20293.16%67,560$7M14
014—United States Treasury Inflation Indexed Bonds 2.38% 10/15/20283.15%66,140$7M13
015—United States Treasury Inflation Indexed Bonds 0.13% 01/15/20323.12%66,580$7M6

Showing 1–15 of 51 holdings

VTP Performance

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

VTP$9,948
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. VTP $9,948. SPY $11,723. Use the arrow keys to read each point.$9,353$10,646$11,940Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

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.

Trailing total return for VTP. Periods over one year show the average yearly return.
PeriodVTP
Year to date−0.6%
1 month−1.4%
3 months−1.4%
1 year−0.5%
3 yearsFund is under 3 years old—per year
5 yearsFund is under 5 years old—per year
10 yearsFund is under 10 years old—per year

As of the close, 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−0.6%
2025+2.3%

History from Jul 9, 2025

VTP in the news

ETF.net Research hasn’t filed on VTP yet — coverage lands here as it’s written.

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 Sep 22, 2026.
Data unavailableLast 12 months
Payout per share
Data unavailableLast 12 months
Last payment
$1.01 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Quarterly

Distribution data unavailable.

Distribution history

2025–2026

One bar per payment. 4 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. Use the arrow keys to read each point.20252026YTD
Ex-datePay dateAmount per share
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

VTP Risk

How much the fund’s monthly returns vary, scaled to a year.
2.8%
Annualised · 13 months to Aug 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.
−0.51
vs 3-month T-bills · 13 months to Aug 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.
−2.8%
14 months · trough Sep 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.

VTP Cost

Expense ratio0.05%
  • The middle half of TIPS funds
  • Median 0.10%

3 of the 41 TIPS funds charge less.

VTP costs $5.00 a year on $10,000. The median TIPS fund costs $10.00.