Which returned more over the last year, IUSB or TIP?

In the year to Oct 28, 2026, with distributions reinvested, IUSB returned −1.2% and TIP −1.0%.

Which is cheaper, IUSB or TIP?

IUSB is cheaper, by 0.12 percentage points a year. That is about $12 on $10,000 held for a year. Fees come from each fund's prospectus.

Data as of Oct 28, 2026.

Across categories

IUSB vs TIP: Differences, Returns & Fees

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On Jul 31, 2026 IUSB's duration was 5.5 years and TIP's 6.3; IUSB charges 0.06% to TIP's 0.18%.

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Net assets on Oct 27, 2026: $49.8bn for iShares Core Universal USD Bond ETF and $14.6bn for iShares TIPS Bond ETF.

IUSB on its own →TIP on its own →

At a glance

−1.2%

IUSB total return, 1 year

−1.0%

TIP total return, 1 year

0.06%

IUSB expense ratio

0.18%

TIP expense ratio

Pair scorecard

IUSB costs 0.12 points a year less; their one-year returns differ by 0.2 points; IUSB is 3.4 times larger.

IUSB vs TIP: Differences, Returns & Fees
Measure	IUSB	TIP
Return
Measure	IUSB	TIP
Total return, 1 year	−1.2%	−1.0%
Benchmark
Measure	IUSB	TIP
What it tracks	Bloomberg U.S. Universal Index	ICE U.S. Treasury Inflation Linked Bond Index
Cost and size
Measure	IUSB	TIP
Expense ratio	0.06%	0.18%
Net assets, as of Oct 27, 2026	$49.8bn	$14.6bn
Holdings
Measure	IUSB	TIP
Holdings in common	0%

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

Risk and return

Jun 20, 2014 to Oct 23, 2026 · 644 weekly returns

IUSB TIP

Return

Total return edge TIP (slight) +28.3% +29.0%

Annualized edge TIP (slight) +2.0% +2.1%

Price return edge TIP −10.7% −7.3%

Risk

Volatility edge IUSB (slight) 5.0% 5.4%

Max drawdown edge TIP −17.7% −14.2%

Risk-adjusted

Sharpe edge TIP 0.02 0.03

Sortino edge TIP 0.02 0.03

Calmar edge TIP 0.11 0.15

Reading

TIP returned slightly more: +29.0% to +28.3%. IUSB swung slightly less: 5.0% to 5.4%. TIP fell less at its worst: −14.2% to −17.7%.

Full scorecard

9 measures, with how each is measured Open ↓

Risk and return: IUSB vs TIP: Differences, Returns & Fees
Measure	IUSB	TIP	Edge	How it is measured
Return
Total return	+28.3%	+29.0%	TIP (slight)	Price change plus distributions, reinvested.
Annualized	+2.0%	+2.1%	TIP (slight)	Total return as a yearly rate.
Price return	−10.7%	−7.3%	TIP	Price change alone, distributions left out.
Risk
Volatility	5.0%	5.4%	IUSB (slight)	Spread of weekly returns, annualized. Lower is steadier.
Downside deviation	3.6%	4.0%	IUSB (slight)	Like volatility, counting only weeks below the Treasury bill rate.
Max drawdown	−17.7%	−14.2%	TIP	Deepest fall from a high to the low after it.
Risk-adjusted
Sharpe	0.02	0.03	TIP	Return above Treasury bills per unit of volatility.
Sortino	0.02	0.03	TIP	Return above Treasury bills per unit of downside deviation.
Calmar	0.11	0.15	TIP	Annualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 644 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

By the books each fund has filed, IUSB and TIP hold 0% of their money in the same securities at the same weight. Holdings dated Jul 31, 2026.

50%

0 half 100%

half

0% in common

Positions both hold · largest shared weight first IUSB TIP

Only in one fund ↓

Only in IUSB

Uniform Mortgage-Backed Securities, due Aug 25, 2056 0.41%

U.S. Treasury Notes, due Dec 31, 2029 0.37%

U.S. Treasury Notes, due May 15, 2036 0.37%

U.S. Treasury Notes, due Feb 15, 2034 0.36%

U.S. Treasury Notes, due Feb 15, 2035 0.35%

U.S. Treasury Notes, due Aug 15, 2035 0.34%

U.S. Treasury Notes, due May 15, 2034 0.34%

U.S. Treasury Notes, due Nov 15, 2034 0.34%

Only in TIP

U.S. Treasury Inflation Linked Notes, due Jul 15, 2035 3.99%

U.S. Treasury Inflation Linked Notes, due Jan 15, 2035 3.94%

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 Jan 15, 2034 3.55%

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%

Check overlap with more funds →

Side by side

IUSB iShares Core Universal USD Bond ETF TIP iShares TIPS Bond ETF

Where it sits Bond ETF Bond ETF

Issuer iShares iShares

What it is Tracks an index of Universal USD Bond Tracks an index of TIPS Bond

Total return, 1 year −1.2% −1.0%

Its benchmark over the same days not measured −0.8% (VTP)

Gap to its benchmark not measured −0.2 pts vs VTP

Expense ratio 0.06% 0.18%

Holdings 18338 48

Net assets, as of Oct 27, 2026 $49.8bn $14.6bn

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

Client brief · page 1 of 2 Report BR-FEADFCBC64

IUSB and TIP do different jobs. What does each one do in a portfolio?

What each follows. IUSB follows Bloomberg U.S. Universal Index and TIP follows ICE U.S. Treasury Inflation Linked Bond Index.
Holdings in common. 0% of the weight is in the same securities (holdings dated Jul 31, 2026).
Number of holdings. IUSB holds 18,338 positions and TIP holds 48.

Data as of Oct 28, 2026.

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About each fund

IUSB

IUSB tracks an index of Universal USD Bond. Over the year to Oct 28, 2026 it returned −1.2% with distributions reinvested. The prospectus expense ratio is 0.06% a year.

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, IUSB or TIP?: In the year to Oct 28, 2026, with distributions reinvested, IUSB returned −1.2% and TIP −1.0%.
Which is cheaper, IUSB or TIP?: IUSB is cheaper, by 0.12 percentage points a year. That is about $12 on $10,000 held for a year. Fees come from each fund's prospectus.

Other comparisons

IUSB vs SCHP IUSB vs SHY IUSB vs VCLT IUSB vs MBB BOND vs TIP TIP vs TLT MBB vs TIP JAAA vs TIP

Where to next

IUSB on its own →TIP on its own →Hold both: look the portfolio through →Rankings →IUSB dividend history →IUSB holdings →TIP dividend history →TIP holdings →Standards and sources →

Sources and dates

IUSB and TIP filings on SEC EDGAR ↗

IUSB and TIP prospectus with the expense ratio (SEC) ↗

iShares page for IUSB ↗

iShares page for TIP ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

Cite this pageCitation, APA and Markdown

ETFIQ, IUSB against TIP, data as of Oct 28, 2026. https://etfiq.com/compare/any/iusb-vs-tip

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.