Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
TIP vs VTIP: how they differ
TIP and VTIP hold 48% of their weight in the same names, and VTIP returned more over the year.
iShares TIPS Bond ETF and Vanguard Short-Term Inflation-Protected Securities Index Fund.
What they hold in common
By the books each fund has filed, TIP and VTIP hold 48% of their money in the same securities at the same weight.
| Holding | TIP | VTIP |
|---|---|---|
| United States of America | 3.44% | 5.44% |
| United States of America | 3.41% | 5.36% |
| United States of America | 3.30% | 5.38% |
| United States of America | 3.17% | 5.02% |
| United States of America | 3.06% | 4.87% |
| United States of America | 2.98% | 4.75% |
| United States of America | 2.96% | 4.79% |
| United States of America | 2.92% | 4.63% |
| United States of America | 2.84% | 4.46% |
| United States of America | 2.69% | 4.30% |
| United States of America | 2.64% | 4.24% |
| United States of America | 2.61% | 4.15% |
| Only in TIP | Only in VTIP |
|---|---|
| United States of America 4.10% | United States Treasury Inflation Indexed 5.19% |
| United States of America 4.04% | United States Treasury Inflation Indexed 4.88% |
| United States of America 3.63% | United States Treasury Inflation Indexed 4.33% |
| United States of America 3.39% | United States Treasury Inflation Indexed 3.95% |
| United States of America 3.37% | United States Treasury Inflation Indexed 3.90% |
| United States of America 3.36% | United States Treasury Inflation Indexed 1.99% |
| United States of America 3.19% | |
| United States of America 3.19% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Apr 30, 2026 and Jun 30, 2026.
| TIP iShares TIPS Bond ETF | VTIP Vanguard Short-Term Inflation-Protected Securities Index Fund | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | Vanguard |
| What it is | TIPS Bond | Short-Term Inflation-Protected Securities |
| Total return, 1 year | −1.0% | +1.7% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | −18.5 pts | −15.8 pts |
| Expense ratio | 0.18% | 0.03% |
| Holdings | 48 | 25 |
TIP in plain words
TIP is a bond fund tracking the TIPS Bond. Over the year to Sep 11, 2026 it returned −1.0% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.18% a year.
VTIP in plain words
VTIP is a bond fund tracking the Short-Term Inflation-Protected Securities. Over the year to Sep 11, 2026 it returned +1.7% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.03% a year.
Questions people ask
- Which returned more over the last year, TIP or VTIP?
- In the year to Sep 12, 2026, with distributions reinvested, TIP returned −1.0% and VTIP returned +1.7%, so VTIP returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, TIP or VTIP?
- TIP charges 0.18% a year and VTIP charges 0.03%, so VTIP is cheaper. Fees come from each fund's prospectus.
Other comparisons
Where to next
Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, TIP against VTIP, data as of Sep 12, 2026. https://etfiq.com/compare/any/TIP-VTIP Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources