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IBII vs VTIP

iShares iBonds Oct 2032 Term TIPS ETF

IBIIBNYSE Arca

Vanguard Short-Term Inflation-Protected Securities ETF

VTIPANasdaq

Overlap

No data

Expense ratio

VTIP −0.07pt a year

IBII0.10%VTIP0.03%

Avg volume · 30D

VTIP 68.2×the volume

IBII40.6KVTIP2.77M

3Y return · a year

IBII +0.7pt

IBII+5.8%VTIP+5.1%

IBII vs VTIP Performance

Oct 31, 2025 – Oct 30, 2026

+0.7%IBII+2.7%VTIP

Oct 31, 2025 to Oct 30, 2026. IBII +0.7%. VTIP +2.7%. Use the arrow keys to read each point.−2%−1%0%2%Oct 2025Apr 2026Oct 2026
Expense ratio
IBII 0.10%
VTIP 0.03%, better
Fund size
IBII $99M
VTIP $73.1B
1Y total return
IBII +0.7%
VTIP +2.7%, better
Yield (12M)
IBII 4.57%
VTIP 4.79%, better
Holdings
IBII 4
VTIP 27
Avg volume (30D)
IBII 40.6K sh
VTIP 2.77M sh, better
NAV per share
IBII $25.03
VTIP $48.95
52W range

ETF.net Grade

IBII: Cost 68, Risk 42, Mission 99, Tradability 42, Holdings 33, Durability 52. VTIP: Cost 98, Risk 57, Mission 43, Tradability 82, Holdings 68, Durability 96.
Pillar letters and Scores for IBII, VTIP, with each pillar’s weight
PillarIBIIVTIP
Cost30% weightB68A98Higher
Mission25% weightA99HigherC43
Risk15% weightC42B57Higher
Tradability15% weightC42A82Higher
Holdings10% weightD33B68Higher
Durability5% weightC52A96Higher

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. IBII and VTIP are both graded against the same 40 TIPS funds, so their Grades compare head to head.

TIPS⁠

Category · 40 funds
See all 40 ›

VTIP ranks 4th and IBII 10th of 40 funds in the TIPS Category.

  1. Rank 4APBTPInvesco 0-5 Yr US TIPS ETFScore 72
  2. Rank 4AVTIPVanguard Short-Term Inflation-Protected Securities ETFScore 72
  3. Rank 6BSPIPState Street SPDR Portfolio TIPS ETFScore 68
  4. Rank 10BIBIHiShares iBonds Oct 2031 Term TIPS ETFScore 63
  5. Rank 10BIBIIiShares iBonds Oct 2032 Term TIPS ETFScore 63
  6. Rank 14BGTIPGoldman Sachs Access Inflation Protected USD Bond ETFScore 61

Our read on each fund

ETF.net Research

IBIIBiShares iBonds Oct 2032 Term TIPS ETF

VTIPAVanguard Short-Term Inflation-Protected Securities ETF

In short

IBII Inflation-linked Treasuries with an end date. IBII holds only TIPS maturing in 2032, then winds up and pays out around October 15 of that year: a ladder rung for real-return investors rather than a perpetual bond fund.

VTIP Inflation 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

IBII The fund seeks to track an index of U.S. Treasury Inflation-Protected Securities maturing in 2032 and is designed to provide inflation protection with a defined maturity.

VTIP 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

  • IBII Defined maturity, like an individual bond: iBonds funds terminate on or about October 15 of the year in the name, which makes rung-by-rung ladder building straightforward.ishares.com
  • The inflation-adjusted flavor of the ladder. Most target maturity rungs hold corporates or nominal Treasuries; this one holds TIPS, whose principal moves with inflation.ishares.com
  • 0.10% expense ratio, in line with the typical target maturity bond ETF, for a single job: track the ICE 2032 Maturity US Inflation-Linked Treasury Index and pay quarterly.
  • VTIP 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

  • IBII In the final months the holdings mature into cash and cash-like instruments, so the yield drifts toward money market rates. The endgame is a payout, not a peak.ishares.com
  • Narrow by design: just the TIPS issues maturing in 2032. And TIPS cut both ways, since the inflation adjustment can move down when prices fall.ishares.com
  • Thinner trading than the corporate rungs of the iBonds lineup, so spreads can matter more on the way in and out. Distributions also vary rather than sitting at a fixed coupon.ishares.com
  • VTIP 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.

Full IBII profile⁠

Full VTIP profile⁠

IBII vs VTIP 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.

IBII vs VTIP Cost

Overpaying IBII vs VTIP

$1,468

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

  • IBII 0.10%

    $2,106

  • VTIP 0.03%

    $638

$10,000
30 years

Cost over time

  • IBII 0.10%
  • VTIP 0.03%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$500$1K$1.5K$2K$2.5K051015202530IBII $2,106VTIP $638

Year by year

YearIBIIVTIPOverpaying
10$183$55$128
20$717$216$501
30$2,106$638$1,468

Expense ratio

  • 0.10%IBII
  • 0.03%VTIP, cheaper
  • Middle half of TIPS funds
  • Median 0.10%

VTIP cheapest of 40 funds

IBII 7th cheapest of 40 funds

IBII vs VTIP Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
IBII 4.57%
VTIP 4.79%, better
Payout (12M)
IBII $1.15
VTIP $2.35
Last payment
IBII $0.12
VTIP $0.93
Ex-dividend
IBII Oct 1, 2026
VTIP Oct 1, 2026
Paid on
IBII Oct 6, 2026
VTIP Oct 5, 2026
Frequency
IBII Quarterly
VTIP Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

IBIIQuarterly · 12 paymentsAll IBII payments⁠
One bar per payment. 12 payments from 2017 to 2026 YTD. Dec 14, 2023 $0.28; Apr 1, 2024 $0.17; Jul 1, 2024 $0.62; Oct 1, 2024 $0.19; Dec 18, 2024 $0.20; Apr 1, 2025 $0.25; Jul 1, 2025 $0.39; Oct 1, 2025 $0.29; Dec 19, 2025 $0.31; Apr 1, 2026 $0.07; Jul 1, 2026 $0.64; Oct 1, 2026 $0.12. Use the arrow keys to read each point.$0$12017202020232026YTD
VTIPQuarterly · 32 paymentsAll VTIP payments⁠
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.$0$12017202020232026YTD

IBII vs VTIP Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
IBII 5.3%VTIP 1.9%, better
Return per unit of riskSharpe ratio, 3 years
IBII 0.26VTIP 0.29, better
Worst fallMax drawdown, 5 years
IBII −4.6%since Sep 2023VTIP −5.5%
Market sensitivityBeta, 5 years
IBII 0.21VTIP 0.21Same figure. Both funds show the same value, so neither comes out ahead.

IBII and VTIP in the news

All news⁠

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