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GTIP vs VTP

Goldman Sachs Access Inflation Protected USD Bond ETF

GTIPBCboe

Vanguard Total Inflation-Protected Securities ETF

VTPANYSE Arca

Overlap

No data

Expense ratio

VTP −0.07pt a year

GTIP0.12%VTP0.05%

Avg volume · 30D

VTP 1.6×the volume

GTIP39.7KVTP63.4K

GTIP vs VTP Performance

Oct 31, 2025 – Oct 30, 2026

+0.2%GTIP+0.2%VTP

Oct 31, 2025 to Oct 30, 2026. GTIP +0.2%. VTP +0.2%. Use the arrow keys to read each point.−2%−1%1%Oct 2025Apr 2026Oct 2026
Expense ratio
GTIP 0.12%
VTP 0.05%, better
Fund size
GTIP $295M
VTP $251M
1Y total return
GTIP +0.2%
VTP +0.2%
Yield (12M)
GTIP 5.32%, better
VTP 3.74%
Holdings
GTIP 43
VTP 51
Avg volume (30D)
GTIP 39.7K sh
VTP 63.4K sh, better
NAV per share
GTIP $47.34
VTP $74.00
52W range

ETF.net Grade

GTIP: Cost 43, Risk 36, Mission 100, Tradability 48, Holdings 82, Durability 68. VTP: Cost 93, Risk 37, Mission 100, Tradability 51, Holdings 79, Durability 67.
Pillar letters and Scores for GTIP, VTP, with each pillar’s weight
PillarGTIPVTP
Cost30% weightC43A93Higher
Mission25% weightA100A100
Risk15% weightD36D37Higher
Tradability15% weightC48C51Higher
Holdings10% weightA82HigherA79
Durability5% weightB68HigherB67

Rank among TIPS funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. GTIP and VTP are both graded against the same 40 TIPS funds, so their Grades compare head to head.

TIPS⁠

Category · 40 funds
See all 40 ›

VTP ranks 3rd and GTIP 14th of 40 funds in the TIPS Category.

  1. Rank 1ASCHPSchwab US TIPS ETFScore 85
  2. Rank 2ASTIPiShares 0-5 Year TIPS Bond ETFScore 80
  3. Rank 3AVTPVanguard Total Inflation-Protected Securities ETFScore 77
  4. Rank 4APBTPInvesco 0-5 Yr US TIPS ETFScore 72
  5. Rank 10BIBIIiShares iBonds Oct 2032 Term TIPS ETFScore 63
  6. Rank 14BGTIPGoldman Sachs Access Inflation Protected USD Bond ETFScore 61
  7. Rank 14BIBIJiShares iBonds Oct 2033 Term TIPS ETFScore 61

Our read on each fund

ETF.net Research

GTIPBGoldman Sachs Access Inflation Protected USD Bond ETF

VTPAVanguard Total Inflation-Protected Securities ETF

In short

GTIP Roughly 30 bonds of pure US inflation-protected Treasuries, run against an index carrying Goldman's name next to FTSE's. A compact take on TIPS rather than a full-market sweep.

VTP Vanguard'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

GTIP The Fund seeks to track, before fees and expenses, the FTSE Goldman Sachs Treasury Inflation Protected USD Bond Index, which measures inflation-protected, fixed-rate U.S. Treasury securities denominated in U.S. dollars.

VTP 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

  • GTIP Clean mandate: fixed-rate, dollar-denominated US inflation-protected Treasuries. No corporate credit, no foreign paper.gsam.com
  • Holds about 30 bonds and has hugged its benchmark closely, one of the tighter index implementations among the Treasury funds we cover.
  • 0.12% a year lands right at the median for Treasury ETFs, with a track record dating to 2018 and a mid-sized asset base behind it.
  • VTP 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

  • GTIP Thinly traded next to the category's giants, so spreads and limit orders carry more weight here.
  • Cheaper TIPS exposure exists: SCHP charges 0.03% against GTIP's 0.12%.
  • Payouts arrive on an irregular schedule rather than a fixed monthly rhythm.
  • VTP 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

Full GTIP profile⁠

Full VTP profile⁠

GTIP vs VTP Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

GTIP vs VTP Cost

Overpaying GTIP vs VTP

$1,460

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

  • GTIP 0.12%

    $2,520

  • VTP 0.05%

    $1,060

$10,000
30 years

Cost over time

  • GTIP 0.12%
  • VTP 0.05%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$1K$2K$3K051015202530GTIP $2,520VTP $1,060

Year by year

YearGTIPVTPOverpaying
10$220$92$128
20$859$360$499
30$2,520$1,060$1,460

Expense ratio

  • 0.12%GTIP
  • 0.05%VTP, cheaper
  • Middle half of TIPS funds
  • Median 0.10%

VTP 4th cheapest of 40 funds

GTIP 23rd cheapest of 40 funds

GTIP vs VTP Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
GTIP 5.32%, better
VTP 3.74%
Payout (12M)
GTIP $2.53
VTP $2.77
Last payment
GTIP $0.05
VTP $0.99
Ex-dividend
GTIP Oct 1, 2026
VTP Oct 1, 2026
Paid on
GTIP Oct 7, 2026
VTP Oct 5, 2026
Frequency
GTIP Irregular
VTP Quarterly

Distribution history

Per share, 2023 to 2026, same scale for both

GTIPIrregular · 37 paymentsAll GTIP payments⁠
One bar per payment. 37 payments from 2023 to 2026 YTD. Apr 3, 2023 $0.04; May 1, 2023 $0.25; Jun 1, 2023 $0.14; Jul 3, 2023 $0.23; Aug 1, 2023 $0.12; Sep 1, 2023 $0.15; Oct 2, 2023 $0.08; Nov 1, 2023 $0.22; Dec 1, 2023 $0.13; Apr 1, 2024 $0.12; May 1, 2024 $0.38; Jun 3, 2024 $0.37; Jul 1, 2024 $0.22; Aug 1, 2024 $0.14; Sep 3, 2024 $0.05; Oct 1, 2024 $0.10; Nov 1, 2024 $0.08; Dec 2, 2024 $0.12; Dec 31, 2024 $0.12; Feb 3, 2025 $0.0046; Mar 3, 2025 $0.06; Apr 1, 2025 $0.39; May 1, 2025 $0.29; Jun 2, 2025 $0.17; Jul 1, 2025 $0.22; Aug 1, 2025 $0.17; Sep 2, 2025 $0.22; Oct 1, 2025 $0.15; Nov 3, 2025 $0.21; Dec 1, 2025 $0.18; Dec 31, 2025 $0.20; Apr 1, 2026 $0.12; May 1, 2026 $0.30; Jun 1, 2026 $0.54; Jul 1, 2026 $0.53; Aug 3, 2026 $0.40; Oct 1, 2026 $0.05. Use the arrow keys to read each point.$0$120232026YTD
VTPQuarterly · 5 paymentsAll VTP payments⁠
One bar per payment. 5 payments from 2023 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.$0$120232026YTD

GTIP vs VTP Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
GTIP 4.5%VTP 4.3%since Aug 2025
Return per unit of riskSharpe ratio, 3 years
GTIP 0.07VTP −0.42since Aug 2025
Worst fallMax drawdown, 5 years
GTIP −14.3%VTP −4.0%since Jul 2025
Market sensitivityBeta, 5 years
GTIP 0.72VTP 0.14

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