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TIPB vs VTIP

Northern Trust 2035 Inflation-Linked Distributing Ladder ETF

TIPBBNYSE Arca

Vanguard Short-Term Inflation-Protected Securities ETF

VTIPANasdaq

Overlap

No data

Expense ratio

VTIP −0.07pt a year

TIPB0.10%VTIP0.03%

Avg volume · 30D

VTIP 2513.5×the volume

TIPB1.12KVTIP2.83M

TIPB vs VTIP Performance

Nov 5, 2025 – Nov 5, 2026

+1.4%TIPB+2.3%VTIP

Nov 5, 2025 to Nov 5, 2026. TIPB +1.4%. VTIP +2.3%. Use the arrow keys to read each point.−0.5%0%0.5%1%Nov 2025May 2026Nov 2026
Expense ratio
TIPB 0.10%
VTIP 0.03%, better
Fund size
TIPB $11M
VTIP $20.9B
1Y total return
TIPB +1.4%
VTIP +2.3%, better
Yield (12M)
TIPB 4.87%, better
VTIP 4.81%
Holdings
TIPB 11
VTIP 27
Avg volume (30D)
TIPB 1.12K sh
VTIP 2.83M sh, better
NAV per share
TIPB $96.77
VTIP $48.71
52W range

ETF.net Grade

TIPB: Cost 68, Risk 52, Mission 93, Tradability 50, Holdings 57, Durability 34. VTIP: Cost 97, Risk 62, Mission 42, Tradability 82, Holdings 74, Durability 93.
Pillar letters and Scores for TIPB, VTIP, with each pillar’s weight
PillarTIPBVTIP
Cost30% weightB68A97Higher
Mission25% weightA93HigherC42
Risk15% weightC52B62Higher
Tradability15% weightC50A82Higher
Holdings10% weightB57A74Higher
Durability5% weightD34A93Higher

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. TIPB 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 TIPB 7th of 40 funds in the TIPS Category.

  1. Rank 1ASCHPSchwab US TIPS ETFScore 86
  2. Rank 2ASTIPiShares 0-5 Year TIPS Bond ETFScore 78
  3. Rank 3AVTPVanguard Total Inflation-Protected Securities ETFScore 77
  4. Rank 4AVTIPVanguard Short-Term Inflation-Protected Securities ETFScore 73
  5. Rank 5APBTPInvesco 0-5 Yr US TIPS ETFScore 71
  6. Rank 7BTIPiShares TIPS Bond ETFScore 66
  7. Rank 7BTIPBNorthern Trust 2035 Inflation-Linked Distributing Ladder ETFScore 66
  8. Rank 7BTIPXState Street SPDR Bloomberg 1-10 Year TIPS ETFScore 66

Our read on each fund

ETF.net Research

TIPBBNorthern Trust 2035 Inflation-Linked Distributing Ladder ETF

VTIPAVanguard Short-Term Inflation-Protected Securities ETF

In short

TIPB Most target-maturity bond ETFs ladder nominal bonds and pay fixed coupons. This one holds U.S. Treasury inflation-protected securities and makes periodic inflation-linked payouts of income and, at times, principal, winding down through 2035.

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

TIPB The Fund seeks periodic inflation-linked distributions from U.S. Treasury Inflation Protected Securities, consisting of income and/or principal through 2035.

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

  • TIPB Built on U.S. TIPS, so the distributions it aims to pay track inflation-adjusted Treasury cash flows rather than fixed coupons.
  • 0.10% expense ratio, sitting right at the median for target-maturity bond funds.
  • Peers like IBTJ, BSCT and IBDU ladder nominal bonds. TIPB runs the same defined-term playbook with inflation-protected Treasuries instead.
  • Narrow, checkable mandate: U.S. inflation-protected Treasuries with a 2035 end date, and the portfolio hews closely to it.
  • 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

  • TIPB Payouts are periodic and irregular and can include return of principal, so the cash stream varies and the pot is designed to shrink toward 2035.
  • Small asset base and thin trading, so the bid-ask spread can matter more to your cost than the 0.10% fee.
  • Launched in 2025, so there is only a short live record of tracking and distribution behavior to examine.
  • 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 TIPB profile⁠

Full VTIP profile⁠

TIPB 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.

TIPB vs VTIP Cost

Overpaying TIPB vs VTIP

$1,468

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

  • TIPB 0.10%

    $2,106

  • VTIP 0.03%

    $638

$10,000
30 years

Cost over time

  • TIPB 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$2.5K051015202530TIPB $2,106VTIP $638

Year by year

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

Expense ratio

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

VTIP cheapest of 40 funds

TIPB 7th cheapest of 40 funds

TIPB vs VTIP Dividends

Last 12 months to Nov 5, 2026
Yield (12M)
TIPB 4.87%, better
VTIP 4.81%
Payout (12M)
TIPB $4.72
VTIP $2.35
Last payment
TIPB $0.32
VTIP $0.93
Ex-dividend
TIPB Nov 2, 2026
VTIP Oct 1, 2026
Paid on
TIPB Pays Nov 6, 2026
VTIP Oct 5, 2026
Frequency
TIPB Quarterly
VTIP Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

TIPBQuarterly · 11 paymentsAll TIPB payments⁠
One bar per payment. 11 payments from 2017 to 2026 YTD. Sep 2, 2025 $0.19; Oct 1, 2025 $0.26; Nov 3, 2025 $0.40; Dec 1, 2025 $0.33; Dec 19, 2025 $0.37; Apr 1, 2026 $0.30; May 1, 2026 $0.57; Jun 1, 2026 $1.05; Jul 1, 2026 $1.07; Aug 3, 2026 $0.72; Nov 2, 2026 $0.32. 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

TIPB vs VTIP Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
TIPB 3.1%since Sep 2025VTIP 1.9%
Return per unit of riskSharpe ratio, 3 years
TIPB −0.79since Sep 2025VTIP 0.29
Worst fallMax drawdown, 5 years
TIPB −2.8%since Aug 2025VTIP −5.5%
Market sensitivityBeta, 5 years
TIPB 0.08VTIP 0.21

TIPB and VTIP in the news

All news⁠

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