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IBII vs VTP

iShares iBonds Oct 2032 Term TIPS ETF

IBIIBNYSE Arca

Vanguard Total Inflation-Protected Securities ETF

VTPANYSE Arca

Overlap

No data

Expense ratio

VTP −0.05pt a year

IBII0.10%VTP0.05%

Avg volume · 30D

VTP 1.6×the volume

IBII40.6KVTP63.4K

IBII vs VTP Performance

Oct 31, 2025 – Oct 30, 2026

+0.7%IBII+0.2%VTP

Oct 31, 2025 to Oct 30, 2026. IBII +0.7%. VTP +0.2%. Use the arrow keys to read each point.−2%−1%2%Oct 2025Apr 2026Oct 2026
Expense ratio
IBII 0.10%
VTP 0.05%, better
Fund size
IBII $99M
VTP $251M
1Y total return
IBII +0.7%, better
VTP +0.2%
Yield (12M)
IBII 4.57%, better
VTP 3.74%
Holdings
IBII 4
VTP 51
Avg volume (30D)
IBII 40.6K sh
VTP 63.4K sh, better
NAV per share
IBII $25.03
VTP $74.00
52W range

ETF.net Grade

IBII: Cost 68, Risk 42, Mission 99, Tradability 42, Holdings 33, Durability 52. VTP: Cost 93, Risk 37, Mission 100, Tradability 51, Holdings 79, Durability 67.
Pillar letters and Scores for IBII, VTP, with each pillar’s weight
PillarIBIIVTP
Cost30% weightB68A93Higher
Mission25% weightA99A100Higher
Risk15% weightC42HigherD37
Tradability15% weightC42C51Higher
Holdings10% weightD33A79Higher
Durability5% weightC52B67Higher

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 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 IBII 10th 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 10BIBIHiShares iBonds Oct 2031 Term TIPS ETFScore 63
  6. Rank 10BIBIIiShares iBonds Oct 2032 Term TIPS ETFScore 63
  7. 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

VTPAVanguard Total 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.

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

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.

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

  • 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.
  • 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

  • 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
  • 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 IBII profile⁠

Full VTP profile⁠

IBII 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.

IBII vs VTP Cost

Overpaying IBII vs VTP

$1,046

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

  • IBII 0.10%

    $2,106

  • VTP 0.05%

    $1,060

$10,000
30 years

Cost over time

  • IBII 0.10%
  • VTP 0.05%
  • 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 $2,106VTP $1,060

Year by year

YearIBIIVTPOverpaying
10$183$92$91
20$717$360$357
30$2,106$1,060$1,046

Expense ratio

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

VTP 4th cheapest of 40 funds

IBII 7th cheapest of 40 funds

IBII vs VTP Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
IBII 4.57%, better
VTP 3.74%
Payout (12M)
IBII $1.15
VTP $2.77
Last payment
IBII $0.12
VTP $0.99
Ex-dividend
IBII Oct 1, 2026
VTP Oct 1, 2026
Paid on
IBII Oct 6, 2026
VTP Oct 5, 2026
Frequency
IBII Quarterly
VTP Quarterly

Distribution history

Per share, 2023 to 2026, same scale for both

IBIIQuarterly · 12 paymentsAll IBII payments⁠
One bar per payment. 12 payments from 2023 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$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

IBII vs VTP 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%VTP 4.3%since Aug 2025
Return per unit of riskSharpe ratio, 3 years
IBII 0.26VTP −0.42since Aug 2025
Worst fallMax drawdown, 5 years
IBII −4.6%since Sep 2023VTP −4.0%since Jul 2025
Market sensitivityBeta, 5 years
IBII 0.21VTP 0.14

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