Which returned more over the last year, TDTF or VTIP?

In the year to Oct 28, 2026, with distributions reinvested, TDTF returned −0.3% and VTIP +2.2%.

Which is cheaper, TDTF or VTIP?

VTIP is cheaper, by 0.15 percentage points a year. That is about $15 on $10,000 held for a year. Fees come from each fund's prospectus.

Data as of Oct 28, 2026.

Across categories

TDTF vs VTIP: Differences, Returns & Fees

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TDTF's duration was 3.9 years on Jul 31, 2026 and VTIP's 2.3 on Jun 30, 2026; VTIP charges 0.03% to TDTF's 0.18%.

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Net assets: $1.0bn on Jul 31, 2026 for Northern Trust iBoxx 5-Year Target Duration TIPS ETF, and $20.9bn on Sep 30, 2026 for Vanguard Short-Term Inflation-Protected Securities Index Fund ETF Shares.

TDTF on its own →VTIP on its own →

At a glance

−0.3%

TDTF total return, 1 year

+2.2%

VTIP total return, 1 year

0.18%

TDTF expense ratio

0.03%

VTIP expense ratio

Pair scorecard

VTIP costs 0.15 points a year less; their one-year returns differ by 2.5 points.

TDTF vs VTIP: Differences, Returns & Fees
Measure	TDTF	VTIP
Return
Measure	TDTF	VTIP
Total return, 1 year	−0.3%	+2.2%
Benchmark
Measure	TDTF	VTIP
What it tracks	iBoxx 5-Year Target Duration TIPS Index	Bloomberg U.S. Treasury Inflation-Protected Securities (TIPS) 0-5 Years Index
Cost and size
Measure	TDTF	VTIP
Expense ratio	0.18%	0.03%
Net assets, TDTF as of Jul 31, 2026 and VTIP as of Sep 30, 2026	$1.0bn	$20.9bn
Holdings
Measure	TDTF	VTIP
Holdings in common	34%

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

Risk and return

Oct 26, 2012 to Oct 23, 2026 · 730 weekly returns

TDTF VTIP

Return

Total return edge VTIP +30.3% +35.7%

Annualized edge VTIP +1.9% +2.2%

Price return edge VTIP −11.9% −2.1%

Risk

Volatility edge VTIP 4.8% 2.3%

Max drawdown edge VTIP −11.5% −5.5%

Risk-adjusted

Sharpe edge VTIP 0.04 0.17

Sortino edge VTIP 0.05 0.22

Calmar edge VTIP 0.17 0.40

Reading

VTIP returned more: +35.7% to +30.3%. VTIP swung less: 2.3% to 4.8%. VTIP fell less at its worst: −5.5% to −11.5%.

Full scorecard

9 measures, with how each is measured Open ↓

Risk and return: TDTF vs VTIP: Differences, Returns & Fees
Measure	TDTF	VTIP	Edge	How it is measured
Return
Total return	+30.3%	+35.7%	VTIP	Price change plus distributions, reinvested.
Annualized	+1.9%	+2.2%	VTIP	Total return as a yearly rate.
Price return	−11.9%	−2.1%	VTIP	Price change alone, distributions left out.
Risk
Volatility	4.8%	2.3%	VTIP	Spread of weekly returns, annualized. Lower is steadier.
Downside deviation	3.6%	1.7%	VTIP	Like volatility, counting only weeks below the Treasury bill rate.
Max drawdown	−11.5%	−5.5%	VTIP	Deepest fall from a high to the low after it.
Risk-adjusted
Sharpe	0.04	0.17	VTIP	Return above Treasury bills per unit of volatility.
Sortino	0.05	0.22	VTIP	Return above Treasury bills per unit of downside deviation.
Calmar	0.17	0.40	VTIP	Annualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 730 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

34%

By the books each fund has filed, TDTF and VTIP hold 34% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Jul 31, 2026.

50%

0 half 100%

half

34% in common

Positions both hold · largest shared weight first TDTF VTIP

U.S. Treasury Inflation Linked Notes, due Oct 15, 2030 4.65% 5.39%

U.S. Treasury Inflation Linked Notes, due Apr 15, 2030 4.59% 5.30%

U.S. Treasury Inflation Linked Notes, due Jan 15, 2031 11.57% 4.59%

U.S. Treasury Inflation Linked Notes, due Jul 15, 2030 4.40% 4.42%

U.S. Treasury Inflation Linked Notes, due Oct 15, 2029 4.21% 5.33%

U.S. Treasury Inflation Linked Notes, due Jan 15, 2030 4.30% 4.11%

U.S. Treasury Inflation Linked Notes, due Apr 15, 2031 7.28% 3.91%

U.S. Treasury Inflation Linked Notes, due Jul 15, 2029 4.27% 3.69%

Only in one fund ↓

Only in TDTF

U.S. Treasury Inflation Linked Notes, due Jan 15, 2032 12.43%

U.S. Treasury Inflation Linked Notes, due Jul 15, 2031 11.94%

U.S. Treasury Inflation Linked Notes, due Jan 15, 2035 5.17%

U.S. Treasury Inflation Linked Notes, due Jul 15, 2034 4.86%

U.S. Treasury Inflation Linked Notes, due Jan 15, 2034 4.61%

U.S. Treasury Inflation Linked Notes, due Jan 15, 2033 4.49%

U.S. Treasury Inflation Linked Notes, due Jul 15, 2032 4.34%

U.S. Treasury Inflation Linked Notes, due Jul 15, 2033 4.21%

Only in VTIP

TSY INFL IX N/B, due Apr 15, 2029 5.14%

TSY INFL IX N/B, due Oct 15, 2028 4.97%

TSY INFL IX N/B, due Oct 15, 2026 4.83%

TSY INFL IX N/B, due Oct 15, 2027 4.83%

TSY INFL IX N/B, due Apr 15, 2027 4.74%

TSY INFL IX N/B, due Apr 15, 2028 4.70%

TSY INFL IX N/B, due Jul 15, 2026 4.29%

TSY INFL IX N/B, due Jan 15, 2028 4.26%

Check overlap with more funds →

Side by side

TDTF Northern Trust iBoxx 5-Year Target Duration TIPS ETF VTIP Vanguard Short-Term Inflation-Protected Securities Index Fund ETF Shares

Where it sits Bond ETF Bond ETF

Issuer Northern Trust Vanguard

What it is Tracks an index Tracks an index of Short-Term Inflation-Protected Securities

Total return, 1 year −0.3% +2.2%

Expense ratio 0.18% 0.03%

Holdings 17 26

Net assets, TDTF as of Jul 31, 2026 and VTIP as of Sep 30, 2026 $1.0bn $20.9bn

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

Client brief · page 1 of 2 Report BR-9C44FB5888

TDTF and VTIP are built for the same job. How do they differ in cost, holdings and results?

What each follows. TDTF follows iBoxx 5-Year Target Duration TIPS Index and VTIP follows Bloomberg U.S. Treasury Inflation-Protected Securities (TIPS) 0-5 Years Index.
Holdings in common. 34% of the weight is in the same securities (holdings dated Jul 31, 2026 and Jun 30, 2026).
One-year total return. Over 1 year to Oct 28, 2026 TDTF returned −0.3% and VTIP +2.2% with distributions reinvested, a gap of 2.5 points.

Data as of Oct 28, 2026.

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About each fund

TDTF

TDTF tracks an index. Over the year to Oct 28, 2026 it returned −0.3% with distributions reinvested. The prospectus expense ratio is 0.18% a year.

VTIP

VTIP tracks an index of Short-Term Inflation-Protected Securities. Over the year to Oct 28, 2026 it returned +2.2% with distributions reinvested. The prospectus expense ratio is 0.03% a year.

Questions people ask

Which returned more over the last year, TDTF or VTIP?: In the year to Oct 28, 2026, with distributions reinvested, TDTF returned −0.3% and VTIP +2.2%.
Which is cheaper, TDTF or VTIP?: VTIP is cheaper, by 0.15 percentage points a year. That is about $15 on $10,000 held for a year. Fees come from each fund's prospectus.

Other comparisons

TDTF vs TDTT STIP vs TDTF TDTT vs VTIP STIP vs VTIP VTIP vs VTP BNDX vs VTIP AGG vs VTIP BND vs VTIP

Where to next

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

Sources and dates

TDTF filings on SEC EDGAR ↗

TDTF prospectus with the expense ratio (SEC) ↗

Northern Trust website ↗

VTIP filings on SEC EDGAR ↗

VTIP prospectus with the expense ratio (SEC) ↗

Vanguard page for VTIP ↗

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, TDTF against VTIP, data as of Oct 28, 2026. https://etfiq.com/compare/any/tdtf-vs-vtip

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