Data as of Oct 28, 2026.
VTIP vs XBI: Differences, Returns & Fees
Over the year to Oct 28, 2026, VTIP returned +2.2% to XBI's +41.2%, and VTIP charges 0.03% to XBI's 0.35%.
askIQ about this page
askIQ about VTIP and XBI
Net assets: $20.9bn on Sep 30, 2026 for Vanguard Short-Term Inflation-Protected Securities Index Fund ETF Shares, and $10.3bn on Oct 27, 2026 for State Street SPDR S&P Biotech ETF.
Pair scorecard
VTIP costs 0.32 points a year less; their one-year returns differ by 39.0 points; VTIP is 2.0 times larger.
| Measure | VTIP | XBI |
|---|---|---|
| Return | ||
| Total return, 1 year | +2.2% | +41.2% |
| Drawdown | ||
| Below its all-time high | 8.9%, high on Feb 8, 2021 | |
| Benchmark | ||
| What it tracks | Bloomberg U.S. Treasury Inflation-Protected Securities (TIPS) 0-5 Years Index | Biotech |
| Cost and size | ||
| Expense ratio | 0.03% | 0.35% |
| Net assets, as of Sep 30, 2026 | $20.9bn | $10.4bn |
| Active share vs the S&P 500 | 98% | |
| Holdings | ||
| Holdings in common | 0% | |
| In the S&P 500, by weight | 13% | |
| Top ten holdings, share of the fund | 18% | |
Holdings in common uses holdings dated Sep 30, 2026 and Oct 27, 2026. Method
What they share
By the books each fund has filed, VTIP and XBI hold 0% of their money in the same securities at the same weight. Holdings dated Sep 30, 2026 and Oct 27, 2026.
half
0% in common
Only in one fund ↓
Side by side
VTIP and XBI on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.
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.
XBI
By weight, 13% of XBI's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 98%. The top ten holdings are 18% of the fund across 165 positions, as published by its issuer for Oct 27, 2026. Over the year to Oct 28, 2026 the fund returned +41.2% with distributions reinvested. It sits 8.9% below its all-time high of Feb 8, 2021.
Questions people ask
- Are VTIP and XBI in the same category?
- VTIP is a bond ETF and XBI is a thematic ETF, so they do different jobs. The table compares what both publish: return, cost and holdings.
- Which returned more over the last year, VTIP or XBI?
- In the year to Oct 28, 2026, with distributions reinvested, VTIP returned +2.2% and XBI +41.2%.
- Which is cheaper, VTIP or XBI?
- VTIP is cheaper, by 0.32 percentage points a year. That is about $32 on $10,000 held for a year. Fees come from each fund's prospectus.
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, VTIP against XBI, data as of Oct 28, 2026. https://etfiq.com/compare/any/vtip-vs-xbi
ETFIQ. (Oct 28, 2026). VTIP against XBI. Retrieved from https://etfiq.com/compare/any/vtip-vs-xbi
[VTIP against XBI (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/any/vtip-vs-xbi)
Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.