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TIPD vs VTP

Northern Trust 2055 Inflation-Linked Distributing Ladder ETF

TIPDCNYSE Arca

Vanguard Total Inflation-Protected Securities ETF

VTPANYSE Arca

Overlap

No data

Expense ratio

VTP −0.05pt a year

TIPD0.10%VTP0.05%

Avg volume · 30D

VTP 105.5×the volume

TIPD601VTP63.4K

TIPD vs VTP Performance

Oct 31, 2025 – Oct 30, 2026

−2.8%TIPD+0.2%VTP

Oct 31, 2025 to Oct 30, 2026. TIPD −2.8%. VTP +0.2%. Use the arrow keys to read each point.−6%−4%Oct 2025May 2026Oct 2026
Expense ratio
TIPD 0.10%
VTP 0.05%, better
Fund size
TIPD $4M
VTP $251M
1Y total return
TIPD −2.8%
VTP +0.2%, better
Yield (12M)
TIPD 7.16%, better
VTP 3.74%
Holdings
TIPD 28
VTP 51
Avg volume (30D)
TIPD 601 sh
VTP 63.4K sh, better
NAV per share
TIPD $93.90
VTP $74.00
52W range

ETF.net Grade

TIPD: Cost 68, Risk 18, Mission 84, Tradability 29, Holdings 82, Durability 29. VTP: Cost 93, Risk 37, Mission 100, Tradability 51, Holdings 79, Durability 67.
Pillar letters and Scores for TIPD, VTP, with each pillar’s weight
PillarTIPDVTP
Cost30% weightB68A93Higher
Mission25% weightA84A100Higher
Risk15% weightF18D37Higher
Tradability15% weightD29C51Higher
Holdings10% weightA82HigherA79
Durability5% weightD29B67Higher

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 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 TIPD 30th 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 30CLIAMLifeX 2055 Inflation-Protected Longevity Income ETFScore 40
  6. Rank 30CTIPDNorthern Trust 2055 Inflation-Linked Distributing Ladder ETFScore 40
  7. 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

VTPAVanguard Total 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.

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

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

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

  • 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.
  • 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

  • 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.
  • 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 TIPD profile⁠

Full VTP profile⁠

TIPD 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.

TIPD vs VTP Cost

Overpaying TIPD vs VTP

$1,046

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

  • TIPD 0.10%

    $2,106

  • VTP 0.05%

    $1,060

$10,000
30 years

Cost over time

  • TIPD 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$2.5K051015202530TIPD $2,106VTP $1,060

Year by year

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

Expense ratio

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

VTP 4th cheapest of 40 funds

TIPD 7th cheapest of 40 funds

TIPD vs VTP Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
TIPD 7.16%, better
VTP 3.74%
Payout (12M)
TIPD $6.72
VTP $2.77
Last payment
TIPD $0.70
VTP $0.99
Ex-dividend
TIPD Aug 3, 2026
VTP Oct 1, 2026
Paid on
TIPD Aug 7, 2026
VTP Oct 5, 2026
Frequency
TIPD Monthly
VTP Quarterly

Distribution history

Per share, 2025 to 2026, same scale for both

TIPDMonthly · 10 paymentsAll TIPD payments⁠
One bar per payment. 10 payments from 2025 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$2.502026YTD
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$2.502026YTD

TIPD vs VTP 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 2025VTP 4.3%since Aug 2025
Return per unit of riskSharpe ratio, 3 years
TIPD −0.52since Sep 2025VTP −0.42since Aug 2025
Worst fallMax drawdown, 5 years
TIPD −8.0%since Aug 2025VTP −4.0%since Jul 2025
Market sensitivityBeta, 5 years
TIPD 0.21VTP 0.14

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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  • VTPAvsSCHPA

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  • TIPDCvsSTIPA

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    Expense ratio
    0.10% · 0.03%
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    Expense ratio
    0.05% · 0.03%
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  • TIPDCvsPBTPA

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    Expense ratio
    0.10% · 0.07%
    Category
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  • VTPAvsPBTPA

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

    Expense ratio
    0.05% · 0.07%
    Category
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