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TIPD vs VTIP

Northern Trust 2055 Inflation-Linked Distributing Ladder ETF

TIPDCNYSE Arca

Vanguard Short-Term Inflation-Protected Securities ETF

VTIPANasdaq

Overlap

No data

Expense ratio

VTIP −0.07pt a year

TIPD0.10%VTIP0.03%

Avg volume · 30D

VTIP 4608.6×the volume

TIPD601VTIP2.77M

TIPD vs VTIP Performance

Oct 31, 2025 – Oct 30, 2026

−2.8%TIPD+2.7%VTIP

Oct 31, 2025 to Oct 30, 2026. TIPD −2.8%. VTIP +2.7%. Use the arrow keys to read each point.−6%−4%0%Oct 2025Apr 2026Oct 2026
Expense ratio
TIPD 0.10%
VTIP 0.03%, better
Fund size
TIPD $4M
VTIP $73.1B
1Y total return
TIPD −2.8%
VTIP +2.7%, better
Yield (12M)
TIPD 7.16%, better
VTIP 4.79%
Holdings
TIPD 28
VTIP 27
Avg volume (30D)
TIPD 601 sh
VTIP 2.77M sh, better
NAV per share
TIPD $93.90
VTIP $48.95
52W range

ETF.net Grade

TIPD: Cost 68, Risk 18, Mission 84, Tradability 29, Holdings 82, Durability 29. VTIP: Cost 98, Risk 57, Mission 43, Tradability 82, Holdings 68, Durability 96.
Pillar letters and Scores for TIPD, VTIP, with each pillar’s weight
PillarTIPDVTIP
Cost30% weightB68A98Higher
Mission25% weightA84HigherC43
Risk15% weightF18B57Higher
Tradability15% weightD29A82Higher
Holdings10% weightA82HigherB68
Durability5% weightD29A96Higher

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. TIPD 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 TIPD 30th 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 30CLIAMLifeX 2055 Inflation-Protected Longevity Income ETFScore 40
  5. Rank 30CTIPDNorthern Trust 2055 Inflation-Linked Distributing Ladder ETFScore 40
  6. Rank 33DLIAULifeX 2060 Inflation-Protected Longevity Income ETFScore 37

Our read on each fund

ETF.net Research

TIPDCNorthern Trust 2055 Inflation-Linked Distributing Ladder ETF

VTIPAVanguard Short-Term Inflation-Protected Securities ETF

In short

TIPD A TIPS ladder with a 2055 finish line. TIPD holds inflation-protected Treasuries and pays out income and principal along the way, so the payments are linked to inflation rather than a fixed coupon.

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

TIPD The Fund seeks periodic inflation-linked distributions through U.S. Treasury Inflation Protected Securities, providing income and/or principal through 2055.

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

  • TIPD A target-maturity fund built on inflation-protected Treasuries, not corporate bonds: distributions are inflation-linked, and the ladder is designed to pay down through 2055.flexshares.com
  • 0.10% a year, in line with what target-maturity bond ETFs typically charge, and the underlying paper is US Treasury issued, so there is no corporate credit to underwrite.
  • One ticker replaces the chore of buying and rolling a couple dozen individual TIPS: Northern Trust's FlexShares runs the ladder inside a standard 1940 Act ETF.
  • 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

  • TIPD Payments are periodic rather than clockwork, and the fund discloses they can include return of principal. Treat the cash flow as a drawdown, not a level coupon.flexshares.com
  • Launched in 2025 and still small and lightly traded, so bid-ask spreads can run wider than in the long-established bullet-bond ladders.
  • A 2055 horizon means decades of duration. Real-yield swings can move the share price sharply long before the ladder finishes paying out.
  • 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 TIPD profile⁠

Full VTIP profile⁠

TIPD vs VTIP Holdings

How TIPD and VTIP differ

No overlap figure

Two bond funds rarely hold the same issues.

Level by level

  • Asset classFixed Income100%
  • Countryby domicile100%
  • Sector1 Sector100%

Sector

Sector weights in TIPD and VTIP, widest gap first
SectorMore in TIPDMore in VTIP
GovernmentSame weight

Country, concentration and asset class

Country by domicile

Country weights in TIPD and VTIP, widest gap first
CountryMore in TIPDMore in VTIP
United StatesSame weight

Concentration

Weight in the 10 largest Holdings

  • TIPD49.5%
  • VTIP50.0%

Securities held

  • TIPD20
  • VTIP25

Asset class

TIPD
Fixed Income
VTIP
Fixed Income

Holdings

Two bond funds rarely hold the same issues, so this page lists no shared Holdings. TIPD holds 20 securities, VTIP 25.

All 28 TIPD holdings⁠All 21 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.

TIPD vs VTIP Cost

Overpaying TIPD vs VTIP

$1,468

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

  • TIPD 0.10%

    $2,106

  • VTIP 0.03%

    $638

$10,000
30 years

Cost over time

  • TIPD 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$2.5K051015202530TIPD $2,106VTIP $638

Year by year

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

Expense ratio

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

VTIP cheapest of 40 funds

TIPD 7th cheapest of 40 funds

TIPD vs VTIP Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
TIPD 7.16%, better
VTIP 4.79%
Payout (12M)
TIPD $6.72
VTIP $2.35
Last payment
TIPD $0.70
VTIP $0.93
Ex-dividend
TIPD Aug 3, 2026
VTIP Oct 1, 2026
Paid on
TIPD Aug 7, 2026
VTIP Oct 5, 2026
Frequency
TIPD Monthly
VTIP Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

TIPDMonthly · 10 paymentsAll TIPD payments⁠
One bar per payment. 10 payments from 2017 to 2026 YTD. Sep 2, 2025 $0.24; Oct 1, 2025 $0.34; Nov 3, 2025 $0.50; Dec 1, 2025 $0.31; Dec 19, 2025 $0.50; Apr 1, 2026 $0.39; May 1, 2026 $0.71; Jun 1, 2026 $1.38; Jul 1, 2026 $2.24; Aug 3, 2026 $0.70. Use the arrow keys to read each point.$0$2.502017202020232026YTD
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$2.502017202020232026YTD

TIPD vs VTIP Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
TIPD 7.4%since Sep 2025VTIP 1.9%
Return per unit of riskSharpe ratio, 3 years
TIPD −0.52since Sep 2025VTIP 0.29
Worst fallMax drawdown, 5 years
TIPD −8.0%since Aug 2025VTIP −5.5%
Market sensitivityBeta, 5 years
TIPD 0.21VTIP 0.21Same figure. Both funds show the same value, so neither comes out ahead.

TIPD and VTIP in the news

All news⁠

Popular comparisons

  • TIPDCvsSCHPA

    Northern Trust 2055 Inflation-Linked Distributing Ladder ETF · Schwab US TIPS ETF

    Expense ratio
    0.10% · 0.03%
    Category
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  • VTIPAvsSCHPA

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  • TIPDCvsSTIPA

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  • VTIPAvsSTIPA

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    0.03% · 0.03%
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  • TIPDCvsVTPA

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  • VTIPAvsVTPA

    Vanguard Short-Term Inflation-Protected Securities ETF · Vanguard Total Inflation-Protected Securities ETF

    Expense ratio
    0.03% · 0.05%
    Category
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