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TIPX vs VTP

State Street SPDR Bloomberg 1-10 Year TIPS ETF

TIPXBNYSE Arca

Vanguard Total Inflation-Protected Securities ETF

VTPANYSE Arca

Overlap

No data

Expense ratio

VTP −0.10pt a year

TIPX0.15%VTP0.05%

Avg volume · 30D

TIPX 7.0×the volume

TIPX456KVTP65K

TIPX vs VTP Performance

Nov 5, 2025 – Nov 5, 2026

+1.1%TIPX+0.3%VTP

Nov 5, 2025 to Nov 5, 2026. TIPX +1.1%. VTP +0.3%. Use the arrow keys to read each point.−2%−1%2%Nov 2025May 2026Nov 2026
Expense ratio
TIPX 0.15%
VTP 0.05%, better
Fund size
TIPX $2.1B
VTP $251M
1Y total return
TIPX +1.1%, better
VTP +0.3%
Yield (12M)
TIPX 5.11%, better
VTP 3.75%
Holdings
TIPX 31
VTP 51
Avg volume (30D)
TIPX 456K sh, better
VTP 65K sh
NAV per share
TIPX $18.40
VTP $73.66
52W range

ETF.net Grade

TIPX: Cost 38, Risk 57, Mission 94, Tradability 77, Holdings 74, Durability 80. VTP: Cost 92, Risk 42, Mission 100, Tradability 51, Holdings 79, Durability 64.
Pillar letters and Scores for TIPX, VTP, with each pillar’s weight
PillarTIPXVTP
Cost30% weightD38A92Higher
Mission25% weightA94A100Higher
Risk15% weightB57HigherC42
Tradability15% weightA77HigherC51
Holdings10% weightA74A79Higher
Durability5% weightA80HigherB64

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. TIPX 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 TIPX 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 7BTIPBNorthern Trust 2035 Inflation-Linked Distributing Ladder ETFScore 66
  6. Rank 7BTIPXState Street SPDR Bloomberg 1-10 Year TIPS ETFScore 66
  7. Rank 10BDFIPDimensional Inflation-Protected Securities ETFScore 65

Our read on each fund

ETF.net Research

TIPXBState Street SPDR Bloomberg 1-10 Year TIPS ETF

VTPAVanguard Total Inflation-Protected Securities ETF

In short

TIPX Inflation-linked Treasuries with the long end lopped off. TIPX tracks a Bloomberg index capped at 10-year maturities, keeping the CPI linkage without the price swings of the longest-dated bonds.

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

TIPX The fund seeks to track, before fees and expenses, the price and yield performance of the Bloomberg 1-10 Year U.S Government Inflation-Linked Bond Index.

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

  • TIPX Maturities stop at 10 years, trimming the longest inflation-linked Treasuries (the ones that move most on rate shifts) while keeping the CPI linkage.ssga.com
  • A plain index fund since 2013: one Bloomberg benchmark, State Street plumbing, a multi-billion-dollar asset base and moderate daily trading volume.
  • Holds a few dozen US government inflation-linked bonds directly, so no corporate credit rides along with the inflation hedge.
  • 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

  • TIPX The 0.15% fee sits above the typical Treasury-fund charge and well above broad TIPS options like SCHP at 0.03%. The maturity cap is what the extra buys.
  • Distributions come on an irregular schedule and move with inflation adjustments, so this is not a steady, predictable income stream.
  • Cutting the long end cuts both ways: less price movement from rate swings, but also less response when long-run inflation expectations shift.
  • 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 TIPX profile⁠

Full VTP profile⁠

TIPX 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.

TIPX vs VTP Cost

Overpaying TIPX vs VTP

$2,077

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

  • TIPX 0.15%

    $3,137

  • VTP 0.05%

    $1,060

$10,000
30 years

Cost over time

  • TIPX 0.15%
  • VTP 0.05%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$1K$2K$3K$4K051015202530TIPX $3,137VTP $1,060

Year by year

YearTIPXVTPOverpaying
10$274$92$182
20$1,071$360$711
30$3,137$1,060$2,077

Expense ratio

  • 0.15%TIPX
  • 0.05%VTP, cheaper
  • Middle half of TIPS funds
  • Median 0.10%

VTP 4th cheapest of 40 funds

TIPX 25th cheapest of 40 funds

TIPX vs VTP Dividends

Last 12 months to Nov 5, 2026
Yield (12M)
TIPX 5.11%, better
VTP 3.75%
Payout (12M)
TIPX $0.94
VTP $2.77
Last payment
TIPX $0.07
VTP $0.99
Ex-dividend
TIPX Nov 2, 2026
VTP Oct 1, 2026
Paid on
TIPX Nov 5, 2026
VTP Oct 5, 2026
Frequency
TIPX Monthly
VTP Quarterly

Distribution history

Per share, 2023 to 2026, same scale for both

TIPXMonthly · 39 paymentsAll TIPX payments⁠
One bar per payment. 39 payments from 2023 to 2026 YTD. Apr 3, 2023 $0.14; May 1, 2023 $0.10; Jun 1, 2023 $0.05; Jul 3, 2023 $0.09; Aug 1, 2023 $0.04; Sep 1, 2023 $0.06; Oct 2, 2023 $0.03; Nov 1, 2023 $0.08; Dec 1, 2023 $0.06; Apr 1, 2024 $0.11; May 1, 2024 $0.12; Jun 3, 2024 $0.13; Jul 1, 2024 $0.09; Aug 1, 2024 $0.05; Sep 3, 2024 $0.0089; Oct 1, 2024 $0.04; Nov 1, 2024 $0.02; Dec 2, 2024 $0.04; Dec 19, 2024 $0.06; Feb 3, 2025 $0.001; Mar 3, 2025 $0.02; Apr 1, 2025 $0.09; May 1, 2025 $0.10; Jun 2, 2025 $0.06; Jul 1, 2025 $0.07; Aug 1, 2025 $0.06; Sep 2, 2025 $0.08; Oct 1, 2025 $0.05; Nov 3, 2025 $0.06; Dec 1, 2025 $0.07; Dec 18, 2025 $0.07; Mar 2, 2026 $0.01; Apr 1, 2026 $0.08; May 1, 2026 $0.11; Jun 1, 2026 $0.21; Jul 1, 2026 $0.18; Aug 3, 2026 $0.14; Oct 1, 2026 $0.02; Nov 2, 2026 $0.07. Use the arrow keys to read each point.$0$120232026YTD
VTPQuarterly · 5 paymentsAll VTP payments⁠
One bar per payment. 5 payments from 2023 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$120232026YTD

TIPX vs VTP Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
TIPX 3.3%VTP 4.3%since Aug 2025
Return per unit of riskSharpe ratio, 3 years
TIPX 0.16VTP −0.42since Aug 2025
Worst fallMax drawdown, 5 years
TIPX −10.1%VTP −4.0%since Jul 2025
Market sensitivityBeta, 5 years
TIPX 0.45VTP 0.14

TIPX and VTP in the news

All news⁠

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