Data as of Oct 28, 2026.

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BOND vs TIP: Differences, Returns & Fees

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Over the year to Oct 28, 2026, BOND returned −1.4% to TIP's −1.0%, and TIP charges 0.18% to BOND's 0.54%.

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Net assets: $8.3bn on Jun 30, 2026 for PIMCO Active Bond Exchange-Traded Fund, and $14.6bn on Oct 27, 2026 for iShares TIPS Bond ETF.

At a glance
−1.4%
BOND total return, 1 year
−1.0%
TIP total return, 1 year
0.54%
BOND expense ratio
0.18%
TIP expense ratio

Pair scorecard

TIP costs 0.36 points a year less; their one-year returns differ by 0.4 points.

BOND vs TIP: Differences, Returns & Fees
MeasureBONDTIP
Return
Total return, 1 year−1.4%−1.0%
Drawdown
Below its high3.1%, high on Feb 27, 2026
Benchmark
What it tracksNo index, actively managedICE U.S. Treasury Inflation Linked Bond Index
Cost and size
Expense ratio0.54%0.18%
Net assets, BOND as of Jun 30, 2026 and TIP as of Oct 27, 2026$8.3bn$14.6bn
Holdings
Holdings in common3%

Holdings in common uses holdings dated Jun 30, 2026 and Jul 31, 2026. Method

What they share

3%

By the books each fund has filed, BOND and TIP hold 3% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Jul 31, 2026.

0 half 100%

half

3% in common

Positions both hold · largest shared weight first BOND TIP
U.S. Treasury Inflation-Indexed Notes, due Jan 15, 2034 1.93% 3.55%
U.S. Treasury Inflation-Indexed Notes, due Jan 15, 2035 1.03% 3.94%
Only in one fund ↓
Only in BOND
Uniform Mortgage-Backed Security, TBA, due Aug 1, 2056 5.56%
PIMCO Mortgage-Backed Securities Active Exchange-Traded Fund 4.07%
Uniform Mortgage-Backed Security, TBA, due Aug 1, 2056 3.46%
U.S. Treasury Bonds, due Feb 15, 2043 3.39%
Uniform Mortgage-Backed Security, TBA, due Aug 1, 2056 2.73%
U.S. Treasury Bonds, due Nov 15, 2045 2.57%
Uniform Mortgage-Backed Security, TBA, due Sep 1, 2056 2.54%
Uniform Mortgage-Backed Security, TBA, due Aug 1, 2056 2.27%
Only in TIP
U.S. Treasury Inflation Linked Notes, due Jul 15, 2035 3.99%
U.S. Treasury Inflation Linked Notes, due Jan 15, 2036 3.92%
U.S. Treasury Inflation Linked Notes, due Jul 15, 2034 3.71%
U.S. Treasury Inflation Linked Notes, due Oct 15, 2030 3.37%
U.S. Treasury Inflation Linked Notes, due Apr 15, 2030 3.32%
U.S. Treasury Inflation Linked Notes, due Jan 15, 2033 3.31%
U.S. Treasury Inflation Linked Notes, due Apr 15, 2031 3.29%
U.S. Treasury Inflation Linked Notes, due Jul 15, 2033 3.29%
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Side by side

BOND PIMCO Active Bond Exchange-Traded Fund TIP iShares TIPS Bond ETF
Where it sits Bond ETF Bond ETF
Issuer PIMCO iShares
What it is Actively managed Tracks an index of TIPS Bond
Total return, 1 year −1.4% −1.0%
Its benchmark over the same days −1.4% (AGG) −0.8% (VTP)
Gap to its benchmark 0.0 pts vs AGG −0.2 pts vs VTP
Expense ratio 0.54% 0.18%
Holdings 1565 48
Net assets, BOND as of Jun 30, 2026 and TIP as of Oct 27, 2026 $8.3bn $14.6bn

BOND and TIP on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

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About each fund
BOND

BOND is actively managed and tracks no index. Over the year to Oct 28, 2026 it returned −1.4% with distributions reinvested, against −1.4% for its benchmark, the Bloomberg U.S. Aggregate Index. The prospectus expense ratio is 0.54% a year. It sat 3.1% below its high of Feb 27, 2026 on Oct 28, 2026.

TIP

TIP tracks an index of TIPS Bond. Over the year to Oct 28, 2026 it returned −1.0% with distributions reinvested, against −0.8% for its benchmark, the ICE U.S. Treasury Inflation Linked Bond Index. The prospectus expense ratio is 0.18% a year.

Questions people ask

Which returned more over the last year, BOND or TIP?
In the year to Oct 28, 2026, with distributions reinvested, BOND returned −1.4% and TIP −1.0%.
Which is cheaper, BOND or TIP?
TIP is cheaper, by 0.36 percentage points a year. That is about $36 on $10,000 held for a year. Fees come from each fund's prospectus.
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ETFIQ, BOND against TIP, data as of Oct 28, 2026. https://etfiq.com/compare/any/bond-vs-tip

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