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Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.

ETFIQetfiq.com · independent ETF data

VPU vs VTIP: how they differ

VPU and VTIP hold 0% of their weight in the same names.

Vanguard Utilities Index Fund and Vanguard Short-Term Inflation-Protected Securities Index Fund.

What they hold in common

By the books each fund has filed, VPU and VTIP hold 0% of their money in the same securities at the same weight.

Largest positions each one holds and the other does not
Only in VPUOnly in VTIP
NextEra Energy Inc 11.84%United States Treasury Inflation Indexed 5.44%
Southern Co/The 6.70%United States Treasury Inflation Indexed 5.38%
Duke Energy Corp 6.31%United States Treasury Inflation Indexed 5.36%
Constellation Energy Corp 5.86%United States Treasury Inflation Indexed 5.19%
American Electric Power Co Inc 4.47%United States Treasury Inflation Indexed 5.02%
Sempra 3.85%United States Treasury Inflation Indexed 4.88%
Dominion Energy Inc 3.78%United States Treasury Inflation Indexed 4.87%
Vistra Corp 3.59%United States Treasury Inflation Indexed 4.79%

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 Jun 30, 2026 and May 31, 2026.

VPU and VTIP on the fields both publish, as of Sep 12, 2026. Source: ETFIQ.
VPU
Vanguard Utilities Index Fund
VTIP
Vanguard Short-Term Inflation-Protected Securities Index Fund
Where it sitsCore index fundCore index fund
IssuerVanguardVanguard
What it isUtilitiesShort-Term Inflation-Protected Securities
Total return, 1 year+2.1%+1.7%
S&P 500 over the same days+17.5%+17.5%
Gap to the S&P 500−15.4 pts−15.8 pts
Expense ratio0.09%0.03%
Holdings6625

VPU in plain words

VPU is an index equity fund tracking the Utilities. Over the year to Sep 11, 2026 it returned +2.1% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.09% a year. By its holdings filed for May 31, 2026, 90% of the fund by weight is stocks the S&P 500 also holds, across 66 positions, with the top ten at 52.7%. It sat 9.8% below its high of Feb 27, 2026 on Sep 11, 2026.

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, VPU or VTIP?
In the year to Sep 12, 2026, with distributions reinvested, VPU returned +2.1% and VTIP returned +1.7%, so VPU returned more. One year is one year; the longer windows are in the table.
Which is cheaper, VPU or VTIP?
VPU charges 0.09% a year and VTIP charges 0.03%, so VTIP is cheaper. Fees come from each fund's prospectus.

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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.

VPU against VTIP, ETFIQ, data as of Sep 12, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, VPU against VTIP, data as of Sep 12, 2026. https://etfiq.com/compare/any/VPU-VTIP Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources