IBIF vs. VTP

Last updated Jul 17, 2026

IBIF (iShares iBonds Oct 2029 Term TIPS ETF) and VTP (Vanguard Total Inflation-Protected Securities ETF) are both Inflation-Protected Bonds funds - IBIF tracks the ICE 2029 Maturity US Inflation-Linked Treasury Index while VTP tracks the ICE U.S. Treasury Inflation Linked Bond Index. Both are passively managed. Over the past year, IBIF returned 3.17% vs 3.18% for VTP. A 0.74 correlation means they provide meaningful diversification when combined. IBIF charges 0.10%/yr vs 0.05%/yr for VTP.

Performance

IBIF vs. VTP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares iBonds Oct 2029 Term TIPS ETF (IBIF) and Vanguard Total Inflation-Protected Securities ETF (VTP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, IBIF achieves a 1.52% return, which is significantly higher than VTP's 0.86% return.

IBIF

• 1D: -0.08%
• 1M: -0.11%
• 6M: 1.40%
• YTD: 1.52%
• 1Y: 3.17%
• 3Y*: —
• 5Y*: —
• 10Y*: —

VTP

• 1D: -0.08%
• 1M: -0.62%
• 6M: 0.58%
• YTD: 0.86%
• 1Y: 3.18%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

IBIF vs. VTP - Yearly Performance Comparison

	2026 (YTD)	2025
IBIF iShares iBonds Oct 2029 Term TIPS ETF	1.52%	2.13%
VTP Vanguard Total Inflation-Protected Securities ETF	0.86%	2.46%

Correlation

The correlation between IBIF and VTP is 0.74, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.74
Correlation (All Time) Calculated using the full available price history since Jul 9, 2025	0.74

The correlation between IBIF and VTP has been stable across timeframes, ranging from 0.74 to 0.74 - a consistent structural relationship.

Return for Risk

IBIF vs. VTP — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

IBIF

IBIF Risk / Return Rank: 66
IBIF Sharpe Ratio Rank: 57
IBIF Sortino Ratio Rank: 66
IBIF Omega Ratio Rank: 62
IBIF Calmar Ratio Rank: 80
IBIF Martin Ratio Rank: 66

VTP

VTP Risk / Return Rank: 34
VTP Sharpe Ratio Rank: 32
VTP Sortino Ratio Rank: 30
VTP Omega Ratio Rank: 29
VTP Calmar Ratio Rank: 39
VTP Martin Ratio Rank: 38

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

IBIF vs. VTP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares iBonds Oct 2029 Term TIPS ETF (IBIF) and Vanguard Total Inflation-Protected Securities ETF (VTP). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	IBIF	VTP	Difference
Sharpe ratio: Return per unit of total volatility	1.55	0.96	+0.60
Sortino ratio: Return per unit of downside risk	2.44	1.40	+1.04
Omega ratio: Gain probability vs. loss probability	1.30	1.17	+0.13
Calmar ratio: Return relative to maximum drawdown	3.35	1.66	+1.69
Martin ratio: Return relative to average drawdown	9.26	4.69	+4.57

IBIF vs. VTP - Sharpe Ratio Comparison

The current IBIF Sharpe Ratio is 1.55, which is higher than the VTP Sharpe Ratio of 0.96. The chart below compares the historical Sharpe Ratios of IBIF and VTP, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

IBIF vs. VTP - Drawdown Comparison

The maximum IBIF drawdown since its inception was -2.50%, which is greater than VTP's maximum drawdown of -1.92%. Use the drawdown chart below to compare losses from any high point for IBIF and VTP.

Drawdown Indicators

	IBIF	VTP	Difference
Max Drawdown Largest peak-to-trough decline	-2.50%	-1.92%	-0.58%
Max Drawdown (1Y) Largest decline over 1 year	-0.95%	-1.92%	+0.97%
Current Drawdown Current decline from peak	-0.49%	-0.97%	+0.48%
Average Drawdown Average peak-to-trough decline	-0.55%	-0.53%	-0.02%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.34%	0.68%	-0.34%

Volatility

IBIF vs. VTP - Volatility Comparison

The current volatility for iShares iBonds Oct 2029 Term TIPS ETF (IBIF) is 0.76%, while Vanguard Total Inflation-Protected Securities ETF (VTP) has a volatility of 1.19%. This indicates that IBIF experiences smaller price fluctuations and is considered to be less risky than VTP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IBIF	VTP	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.76%	1.19%	-0.43%
Volatility (6M) Calculated over the trailing 6-month period	1.46%	2.47%	-1.01%
Volatility (1Y) Calculated over the trailing 1-year period	2.07%	3.35%	-1.28%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.50%	3.33%	+0.17%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.50%	3.33%	+0.17%

IBIF vs. VTP - Expense Ratio Comparison

IBIF has a 0.10% expense ratio, which is higher than VTP's 0.05% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

IBIF vs. VTP - Dividend Comparison

IBIF's dividend yield for the trailing twelve months is around 4.94%, more than VTP's 2.98% yield.

Position	TTM	2025	2024	2023
IBIF iShares iBonds Oct 2029 Term TIPS ETF	4.94%	4.51%	4.05%	0.96%
VTP Vanguard Total Inflation-Protected Securities ETF	2.98%	1.56%	0.00%	0.00%

Frequently Asked Questions

Can I hold both IBIF and VTP in my portfolio?

IBIF and VTP have a correlation of 0.74, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, IBIF or VTP?

VTP has higher volatility (1.19%) compared to IBIF (0.76%). In terms of maximum drawdown, IBIF dropped -2.50% vs VTP's -1.92%.

Which ETF is better, IBIF or VTP?

On 1-year performance, VTP leads with 3.18% vs 3.17% for IBIF. On fees, VTP is cheaper at 0.05% per year. On volatility, IBIF has been the lower-risk option at 0.76%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, IBIF or VTP?

Over the 1-year period, VTP has performed better with a 3.18% return vs 3.17%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, IBIF or VTP?

VTP is cheaper with a 0.05% expense ratio, compared with 0.10% for IBIF.

Which ETF pays a higher dividend yield, IBIF or VTP?

IBIF has the higher dividend yield at 4.94%, compared with 2.98% for VTP.

What is the main difference between IBIF and VTP?

IBIF tracks ICE 2029 Maturity US Inflation-Linked Treasury Index, while VTP tracks ICE U.S. Treasury Inflation Linked Bond Index. They also come from different issuers: iShares and Vanguard. Their fees differ too: 0.10% for IBIF and 0.05% for VTP.

Which has better risk-adjusted returns?

IBIF currently has the higher Sharpe Ratio (1.55 vs 0.96), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.