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TIPB vs VTP

Northern Trust 2035 Inflation-Linked Distributing Ladder ETF

TIPBBNYSE Arca

Vanguard Total Inflation-Protected Securities ETF

VTPANYSE Arca

Overlap

No data

Expense ratio

VTP −0.05pt a year

TIPB0.10%VTP0.05%

Avg volume · 30D

VTP 57.8×the volume

TIPB1.12KVTP65K

TIPB vs VTP Performance

Nov 5, 2025 – Nov 5, 2026

+1.4%TIPB+0.3%VTP

Nov 5, 2025 to Nov 5, 2026. TIPB +1.4%. VTP +0.3%. Use the arrow keys to read each point.−2%−1%2%Nov 2025May 2026Nov 2026
Expense ratio
TIPB 0.10%
VTP 0.05%, better
Fund size
TIPB $11M
VTP $251M
1Y total return
TIPB +1.4%, better
VTP +0.3%
Yield (12M)
TIPB 4.87%, better
VTP 3.75%
Holdings
TIPB 11
VTP 51
Avg volume (30D)
TIPB 1.12K sh
VTP 65K sh, better
NAV per share
TIPB $96.77
VTP $73.66
52W range

ETF.net Grade

TIPB: Cost 68, Risk 52, Mission 93, Tradability 50, Holdings 57, Durability 34. VTP: Cost 92, Risk 42, Mission 100, Tradability 51, Holdings 79, Durability 64.
Pillar letters and Scores for TIPB, VTP, with each pillar’s weight
PillarTIPBVTP
Cost30% weightB68A92Higher
Mission25% weightA93A100Higher
Risk15% weightC52HigherC42
Tradability15% weightC50C51Higher
Holdings10% weightB57A79Higher
Durability5% weightD34B64Higher

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 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 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 7BTIPiShares TIPS Bond ETFScore 66
  6. Rank 7BTIPBNorthern Trust 2035 Inflation-Linked Distributing Ladder ETFScore 66
  7. 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

VTPAVanguard Total 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.

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

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

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

  • 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.
  • 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

  • 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.
  • 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 TIPB profile⁠

Full VTP profile⁠

TIPB 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.

TIPB vs VTP Cost

Overpaying TIPB vs VTP

$1,046

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

  • TIPB 0.10%

    $2,106

  • VTP 0.05%

    $1,060

$10,000
30 years

Cost over time

  • TIPB 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$2.5K051015202530TIPB $2,106VTP $1,060

Year by year

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

Expense ratio

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

VTP 4th cheapest of 40 funds

TIPB 7th cheapest of 40 funds

TIPB vs VTP Dividends

Last 12 months to Nov 5, 2026
Yield (12M)
TIPB 4.87%, better
VTP 3.75%
Payout (12M)
TIPB $4.72
VTP $2.77
Last payment
TIPB $0.32
VTP $0.99
Ex-dividend
TIPB Nov 2, 2026
VTP Oct 1, 2026
Paid on
TIPB Pays Nov 6, 2026
VTP Oct 5, 2026
Frequency
TIPB Quarterly
VTP Quarterly

Distribution history

Per share, 2025 to 2026, same scale for both

TIPBQuarterly · 11 paymentsAll TIPB payments⁠
One bar per payment. 11 payments from 2025 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$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

TIPB vs VTP 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 2025VTP 4.3%since Aug 2025
Return per unit of riskSharpe ratio, 3 years
TIPB −0.79since Sep 2025VTP −0.42since Aug 2025
Worst fallMax drawdown, 5 years
TIPB −2.8%since Aug 2025VTP −4.0%since Jul 2025
Market sensitivityBeta, 5 years
TIPB 0.08VTP 0.14

Popular comparisons

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