Skip to content
etf.net

TIPA vs VTP

Northern Trust 2030 Inflation-Linked Distributing Ladder ETF

TIPABNYSE Arca

Vanguard Total Inflation-Protected Securities ETF

VTPANYSE Arca

Overlap

No data

Expense ratio

VTP −0.05pt a year

TIPA0.10%VTP0.05%

Avg volume · 30D

VTP 29.8×the volume

TIPA2.13KVTP63.4K

TIPA vs VTP Performance

Jul 31, 2026 – Oct 30, 2026

+0.6%TIPA0.0%VTP

Jul 31, 2026 to Oct 30, 2026. TIPA +0.6%. VTP 0.0%. Use the arrow keys to read each point.−2.5%−2%−1.5%−1%−0.5%Jul 2026Sep 2026Oct 2026
Expense ratio
TIPA 0.10%
VTP 0.05%, better
Fund size
TIPA $20M
VTP $251M
1Y total return
TIPA No data
VTP +0.2%
Yield (12M)
TIPA 3.97%, better
VTP 3.74%
Holdings
TIPA 6
VTP 51
Avg volume (30D)
TIPA 2.13K sh
VTP 63.4K sh, better
NAV per share
TIPA $99.17
VTP $74.00
52W range

ETF.net Grade

TIPA: Cost 68, Risk 68, Mission 59, Tradability 44, Holdings 49, Durability 35. VTP: Cost 93, Risk 37, Mission 100, Tradability 51, Holdings 79, Durability 67.
Pillar letters and Scores for TIPA, VTP, with each pillar’s weight
PillarTIPAVTP
Cost30% weightB68A93Higher
Mission25% weightB59A100Higher
Risk15% weightB68HigherD37
Tradability15% weightC44C51Higher
Holdings10% weightC49A79Higher
Durability5% weightD35B67Higher

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. TIPA 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 TIPA 18th 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 18BIBIEiShares iBonds Oct 2028 Term TIPS ETFScore 58
  6. Rank 18BTIPANorthern Trust 2030 Inflation-Linked Distributing Ladder ETFScore 58
  7. Rank 20BIBIFiShares iBonds Oct 2029 Term TIPS ETFScore 57

Our read on each fund

ETF.net Research

TIPABNorthern Trust 2030 Inflation-Linked Distributing Ladder ETF

VTPAVanguard Total Inflation-Protected Securities ETF

In short

TIPA Most target-maturity bond funds hand you one lump sum at the finish line. TIPA is a ladder of US inflation-protected Treasuries built to pay you down along the way, income and principal, through 2030.

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

TIPA The Fund seeks periodic inflation-linked distributions from U.S. Treasury Inflation Protected Securities through 2030, providing income and/or principal for a five-year spend-down strategy.

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

  • TIPA Built for spending rather than stockpiling: a TIPS ladder designed to distribute income and/or principal across a five-year spend-down runway ending in 2030.flexshares.com
  • Inflation-linked at the source. Distributions are drawn from US Treasury Inflation Protected Securities, not fixed coupons from nominal bonds.flexshares.com
  • Costs 0.10% a year, in line with the median for target-maturity bond funds and level with heavyweights like BSCU and IBDU.
  • Government paper only, so the things that move it are rates and inflation readings rather than corporate credit trouble.
  • 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

  • TIPA The pot is meant to shrink. Payouts can include return of capital, so this is a melting ice cube by design, not a perpetual income stream.
  • A small fund that trades thinly, which usually means wider bid-ask spreads than the aisle's largest target-maturity names.
  • Launched in 2025, and payouts track inflation adjustments, so amounts vary rather than arriving like a fixed coupon.
  • 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 TIPA profile⁠

Full VTP profile⁠

TIPA vs VTP Holdings

How TIPA and VTP differ

No overlap figure

Two bond funds rarely hold the same issues.

Level by level

  • Asset classFixed Income100%
  • Countryby domicile100%

Sector

No Sector split for TIPA and VTP.

Country, concentration and asset class

Country by domicile

Country weights in TIPA and VTP, widest gap first
CountryMore in TIPAMore in VTP
United StatesSame weight

Concentration

Weight in the 10 largest Holdings

  • TIPA100.0%
  • VTP35.6%

Securities held

  • TIPA4
  • VTP48

Asset class

TIPA
Fixed Income
VTP
Fixed Income

Holdings

Two bond funds rarely hold the same issues, so this page lists no shared Holdings. TIPA holds 4 securities, VTP 48.

All 6 TIPA holdings⁠All 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.

TIPA vs VTP Cost

Overpaying TIPA vs VTP

$1,046

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

  • TIPA 0.10%

    $2,106

  • VTP 0.05%

    $1,060

$10,000
30 years

Cost over time

  • TIPA 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$2.5K051015202530TIPA $2,106VTP $1,060

Year by year

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

Expense ratio

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

VTP 4th cheapest of 40 funds

TIPA 7th cheapest of 40 funds

TIPA vs VTP Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
TIPA 3.97%, better
VTP 3.74%
Payout (12M)
TIPA $3.94
VTP $2.77
Last payment
TIPA $0.68
VTP $0.99
Ex-dividend
TIPA Aug 3, 2026
VTP Oct 1, 2026
Paid on
TIPA Aug 7, 2026
VTP Oct 5, 2026
Frequency
TIPA Monthly
VTP Quarterly

Distribution history

Per share, 2025 to 2026, same scale for both

TIPAMonthly · 10 paymentsAll TIPA payments⁠
One bar per payment. 10 payments from 2025 to 2026 YTD. Sep 2, 2025 $0.18; Oct 1, 2025 $0.23; Nov 3, 2025 $0.15; Dec 1, 2025 $0.36; Dec 19, 2025 $0.33; Apr 1, 2026 $0.15; May 1, 2026 $0.50; Jun 1, 2026 $0.76; Jul 1, 2026 $1.02; Aug 3, 2026 $0.68. Use the arrow keys to read each point.$0$12026YTD
VTPQuarterly · 5 paymentsAll VTP payments⁠
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.$0$12026YTD

TIPA vs VTP Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
TIPA No dataVTP 4.3%since Aug 2025
Return per unit of riskSharpe ratio, 3 years
TIPA No dataVTP −0.42since Aug 2025
Worst fallMax drawdown, 5 years
TIPA No dataVTP −4.0%since Jul 2025
Market sensitivityBeta, 5 years
TIPA 0.04VTP 0.14

Popular comparisons

  • TIPABvsSCHPA

    Northern Trust 2030 Inflation-Linked Distributing Ladder ETF · Schwab US TIPS ETF

    Expense ratio
    0.10% · 0.03%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • VTPAvsSCHPA

    Vanguard Total Inflation-Protected Securities ETF · Schwab US TIPS ETF

    Expense ratio
    0.05% · 0.03%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • TIPABvsSTIPA

    Northern Trust 2030 Inflation-Linked Distributing Ladder ETF · iShares 0-5 Year TIPS Bond ETF

    Expense ratio
    0.10% · 0.03%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • VTPAvsSTIPA

    Vanguard Total Inflation-Protected Securities ETF · iShares 0-5 Year TIPS Bond ETF

    Expense ratio
    0.05% · 0.03%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • TIPABvsPBTPA

    Northern Trust 2030 Inflation-Linked Distributing Ladder ETF · Invesco 0-5 Yr US TIPS ETF

    Expense ratio
    0.10% · 0.07%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • VTPAvsPBTPA

    Vanguard Total Inflation-Protected Securities ETF · Invesco 0-5 Yr US TIPS ETF

    Expense ratio
    0.05% · 0.07%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.