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

In the year to Oct 28, 2026, with distributions reinvested, VGIT returned −1.5% and VTIP +2.2%.

Which is cheaper, VGIT or VTIP?

Neither: VGIT and VTIP both charge 0.03% a year. Fees come from each fund's prospectus.

Data as of Oct 28, 2026.

Across categories

VGIT vs VTIP: Differences, Returns & Fees

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VGIT's duration was 4.7 years on May 31, 2026 and VTIP's 2.3 on Jun 30, 2026; both charge 0.03%.

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Net assets on Sep 30, 2026: $39.7bn for Vanguard Intermediate-Term Treasury ETF and $20.9bn for Vanguard Short-Term Inflation-Protected Securities Index Fund ETF Shares.

VGIT on its own →VTIP on its own →

At a glance

−1.5%

VGIT total return, 1 year

+2.2%

VTIP total return, 1 year

0.03%

VGIT expense ratio

0.03%

VTIP expense ratio

Pair scorecard

Both cost 0.03% a year; their one-year returns differ by 3.7 points; VGIT is 1.9 times larger.

Points (pts) are percentage points.

VGIT vs VTIP: Differences, Returns & Fees
Measure	VGIT	VTIP
Return
Measure	VGIT	VTIP
Total return, 1 year	−1.5%	+2.2%
Drawdown
Measure	VGIT	VTIP
Below its high	3.5%, high on Aug 4, 2020
Benchmark
Measure	VGIT	VTIP
What it tracks	Bloomberg U.S. Treasury 3-10 Year Index	Bloomberg U.S. Treasury Inflation-Protected Securities (TIPS) 0-5 Years Index
Cost and size
Measure	VGIT	VTIP
Expense ratio	0.03%	0.03%
Net assets, as of Sep 30, 2026	$39.7bn	$20.9bn
Holdings
Measure	VGIT	VTIP
Holdings in common	0%

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

Risk and return

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

VGIT VTIP

Return

Total return edge VTIP +19.9% +35.7%

Annualized edge VTIP +1.3% +2.2%

Price return edge VTIP −13.2% −2.1%

Risk

Volatility edge VTIP 4.1% 2.3%

Max drawdown edge VTIP −15.6% −5.5%

Risk-adjusted

Sharpe edge VTIP −0.11 0.17

Sortino edge VTIP −0.15 0.22

Calmar edge VTIP 0.08 0.40

Reading

VTIP returned more: +35.7% to +19.9%. VTIP swung less: 2.3% to 4.1%. VTIP fell less at its worst: −5.5% to −15.6%.

Full scorecard

9 measures, with how each is measured Open ↓

Risk and return: VGIT vs VTIP: Differences, Returns & Fees
Measure	VGIT	VTIP	Edge	How it is measured
Return
Total return	+19.9%	+35.7%	VTIP	Price change plus distributions, reinvested.
Annualized	+1.3%	+2.2%	VTIP	Total return as a yearly rate.
Price return	−13.2%	−2.1%	VTIP	Price change alone, distributions left out.
Risk
Volatility	4.1%	2.3%	VTIP	Spread of weekly returns, annualized. Lower is steadier.
Downside deviation	3.0%	1.7%	VTIP	Like volatility, counting only weeks below the Treasury bill rate.
Max drawdown	−15.6%	−5.5%	VTIP	Deepest fall from a high to the low after it.
Risk-adjusted
Sharpe	−0.11	0.17	VTIP	Return above Treasury bills per unit of volatility.
Sortino	−0.15	0.22	VTIP	Return above Treasury bills per unit of downside deviation.
Calmar	0.08	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

By the books each fund has filed, VGIT and VTIP hold 0% of their money in the same securities at the same weight. Holdings dated May 31, 2026 and Jun 30, 2026.

50%

0 half 100%

half

0% in common

Positions both hold · largest shared weight first VGIT VTIP

Only in one fund ↓

Only in VGIT

US TREASURY N/B, due Feb 15, 2035 1.94%

US TREASURY N/B, due May 15, 2034 1.92%

US TREASURY N/B, due Nov 15, 2034 1.90%

US TREASURY N/B, due Aug 15, 2035 1.89%

US TREASURY N/B, due May 15, 2035 1.89%

US TREASURY N/B, due Aug 15, 2034 1.87%

US TREASURY N/B, due Feb 15, 2034 1.87%

US TREASURY N/B, due Nov 15, 2033 1.84%

Only in VTIP

TSY INFL IX N/B, due Oct 15, 2030 5.39%

TSY INFL IX N/B, due Oct 15, 2029 5.33%

TSY INFL IX N/B, due Apr 15, 2030 5.30%

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%

Check overlap with more funds →

Side by side

VGIT Vanguard Intermediate-Term Treasury ETF VTIP Vanguard Short-Term Inflation-Protected Securities Index Fund ETF Shares

Where it sits Bond ETF Bond ETF

Issuer Vanguard Vanguard

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

Total return, 1 year −1.5% +2.2%

Its benchmark over the same days −1.5% (SCHR) not measured

Gap to its benchmark 0.0 pts vs SCHR not measured

Expense ratio 0.03% 0.03%

Holdings 103 26

Net assets, as of Sep 30, 2026 $39.7bn $20.9bn

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

Client brief · page 1 of 2 Report BR-C21C3FD4E0

VGIT and VTIP do different jobs. What does each one do in a portfolio?

What each follows. VGIT follows Bloomberg U.S. Treasury 3-10 Year Index and VTIP follows Bloomberg U.S. Treasury Inflation-Protected Securities (TIPS) 0-5 Years Index.
Holdings in common. 0% of the weight is in the same securities (holdings dated May 31, 2026 and Jun 30, 2026).
One-year total return. Over 1 year to Oct 28, 2026 VGIT returned −1.5% and VTIP +2.2% with distributions reinvested, a gap of 3.7 points.

Data as of Oct 28, 2026.

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About each fund

VGIT

VGIT tracks an index of Intermediate-Term Treasury. Over the year to Oct 28, 2026 it returned −1.5% with distributions reinvested, against −1.5% for its benchmark, the Bloomberg U.S. Treasury 3-10 Year Index. The prospectus expense ratio is 0.03% a year. It sat 3.5% below its high of Aug 4, 2020 on Oct 28, 2026.

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.

Questions people ask

Which returned more over the last year, VGIT or VTIP?: In the year to Oct 28, 2026, with distributions reinvested, VGIT returned −1.5% and VTIP +2.2%.
Which is cheaper, VGIT or VTIP?: Neither: VGIT and VTIP both charge 0.03% a year. Fees come from each fund's prospectus.

Other comparisons

HYG vs VGIT BINC vs VGIT BIV vs VGIT EMB vs VGIT GOVT vs VTIP IEF vs VTIP BND vs VTIP VCSH vs VTIP

Where to next

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

Sources and dates

VGIT filings on SEC EDGAR ↗

VGIT prospectus with the expense ratio (SEC) ↗

Vanguard page for VGIT ↗

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

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