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Data as of Oct 28, 2026.

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TIP vs USHY: Differences, Returns & Fees

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On Jul 31, 2026 TIP's duration was 6.3 years and USHY's 3.0; USHY charges 0.08% to TIP's 0.18%.

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Net assets on Oct 27, 2026: $14.6bn for iShares TIPS Bond ETF and $26.3bn for iShares Broad USD High Yield Corporate Bond ETF.

TIP on its own →USHY on its own →
At a glance
−1.0%
TIP total return, 1 year
+1.7%
USHY total return, 1 year
0.18%
TIP expense ratio
0.08%
USHY expense ratio

Pair scorecard

USHY costs 0.10 points a year less; their one-year returns differ by 2.7 points; USHY is 1.8 times larger.

TIP vs USHY: Differences, Returns & Fees
MeasureTIPUSHY
Return
Total return, 1 year−1.0%+1.7%
Benchmark
What it tracksICE U.S. Treasury Inflation Linked Bond IndexICE BofA US High Yield Constrained Index
Cost and size
Expense ratio0.18%0.08%
Net assets, as of Oct 27, 2026$14.6bn$26.3bn
Holdings
Holdings in common0%

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

What they share

0%

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

0 half 100%

half

0% in common

Positions both hold · largest shared weight first TIP USHY
Only in one fund ↓
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%
Only in USHY
1261229 BC Ltd, due Apr 15, 2032 0.47%
Meridian Arc Holdco LLC, due Apr 30, 2031 0.39%
EchoStar Corp, due Nov 30, 2029 0.39%
Quikrete Holdings Inc, due Mar 1, 2032 0.29%
PR RNO Property Owner 1 LLC, due May 1, 2031 0.28%
Asurion LLC/ Asurion Co-Issuer Inc, due Dec 31, 2032 0.26%
Cloud Software Group LLC, due Mar 31, 2029 0.26%
Cloud Software Group LLC, due Sep 30, 2029 0.25%
Check overlap with more funds →

Side by side

TIP iShares TIPS Bond ETF USHY iShares Broad USD High Yield Corporate Bond ETF
Where it sits Bond ETF Bond ETF
Issuer iShares iShares
What it is Tracks an index of TIPS Bond Tracks an index of Broad USD High Yield Corporate Bond
Total return, 1 year −1.0% +1.7%
Its benchmark over the same days −0.8% (VTP) +1.8% (SPHY)
Gap to its benchmark −0.2 pts vs VTP −0.1 pts vs SPHY
Expense ratio 0.18% 0.08%
Holdings 48 1900
Net assets, as of Oct 27, 2026 $14.6bn $26.3bn

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

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About each fund
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.

USHY

USHY tracks an index of Broad USD High Yield Corporate Bond. Over the year to Oct 28, 2026 it returned +1.7% with distributions reinvested, against +1.8% for its benchmark, the ICE BofA US High Yield Constrained Index, measured by the closely related ICE BofA US High Yield Index. The prospectus expense ratio is 0.08% a year.

Questions people ask

Which returned more over the last year, TIP or USHY?
In the year to Oct 28, 2026, with distributions reinvested, TIP returned −1.0% and USHY +1.7%.
Which is cheaper, TIP or USHY?
USHY is cheaper, by 0.10 percentage points a year. That is about $10 on $10,000 held for a year. Fees come from each fund's prospectus.
Other comparisons
HYG vs TIPJNK vs TIPJAAA vs TIPTIP vs VTIPSCHP vs USHYAGG vs USHYBND vs USHYEMB vs USHY
Where to next
TIP on its own →USHY on its own →Hold both: look the portfolio through →Rankings →TIP dividend history →TIP holdings →USHY dividend history →USHY holdings →Standards and sources →
Sources and dates
TIP and USHY filings on SEC EDGAR ↗
TIP and USHY prospectus with the expense ratio (SEC) ↗
iShares page for TIP ↗
iShares page for USHY ↗

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

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