IBIH vs. VTP

Last updated Jun 4, 2026

IBIH (iShares iBonds Oct 2031 Term TIPS ETF) and VTP (Vanguard Total Inflation-Protected Securities ETF) are both Inflation-Protected Bonds funds - IBIH tracks the ICE 2031 Maturity US Inflation-Linked Treasury Index while VTP tracks the ICE U.S. Treasury Inflation Linked Bond Index 0-5. Both are passively managed. Their correlation of 0.91 suggests significant overlap in exposure. IBIH charges 0.10%/yr vs 0.05%/yr for VTP.

Performance

IBIH vs. VTP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares iBonds Oct 2031 Term TIPS ETF (IBIH) 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, IBIH achieves a 1.68% return, which is significantly higher than VTP's 1.55% return.

IBIH

• 1D: -0.10%
• 1M: -0.48%
• YTD: 1.68%
• 6M: 1.29%
• 1Y: 5.49%
• 3Y*: —
• 5Y*: —
• 10Y*: —

VTP

• 1D: -0.16%
• 1M: -0.08%
• YTD: 1.55%
• 6M: 1.09%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

IBIH vs. VTP - Yearly Performance Comparison

	2026 (YTD)	2025
IBIH iShares iBonds Oct 2031 Term TIPS ETF	1.68%	2.34%
VTP Vanguard Total Inflation-Protected Securities ETF	1.55%	2.27%

Correlation

The correlation between IBIH and VTP is 0.91, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 10, 2025	0.91

Return for Risk

IBIH vs. VTP — Risk / Return Rank

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

IBIH

IBIH Risk / Return Rank: 58
IBIH Sharpe Ratio Rank: 52
IBIH Sortino Ratio Rank: 58
IBIH Omega Ratio Rank: 52
IBIH Calmar Ratio Rank: 66
IBIH Martin Ratio Rank: 61

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.

IBIH vs. VTP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares iBonds Oct 2031 Term TIPS ETF (IBIH) 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.

	IBIH	VTP	Difference
Sharpe ratio: Return per unit of total volatility	1.75	—	—
Sortino ratio: Return per unit of downside risk	2.72	—	—
Omega ratio: Gain probability vs. loss probability	1.32	—	—
Calmar ratio: Return relative to maximum drawdown	3.24	—	—
Martin ratio: Return relative to average drawdown	10.91	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	IBIH	VTP	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.75	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.25	1.31	-0.07

Drawdowns

IBIH vs. VTP - Drawdown Comparison

The maximum IBIH drawdown since its inception was -3.94%, which is greater than VTP's maximum drawdown of -1.92%. Use the drawdown chart below to compare losses from any high point for IBIH and VTP.

Drawdown Indicators

	IBIH	VTP	Difference
Max Drawdown Largest peak-to-trough decline	-3.94%	-1.92%	-2.02%
Max Drawdown (1Y) Largest decline over 1 year	-1.70%	—	—
Current Drawdown Current decline from peak	-0.55%	-0.30%	-0.25%
Average Drawdown Average peak-to-trough decline	-0.96%	-0.52%	-0.44%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.50%	—	—

Volatility

Volatility by Period

	IBIH	VTP	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.85%	—	—
Volatility (6M) Calculated over the trailing 6-month period	2.09%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	3.16%	3.26%	-0.10%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.93%	3.26%	+1.67%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.93%	3.26%	+1.67%

IBIH vs. VTP - Expense Ratio Comparison

IBIH 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

IBIH vs. VTP - Dividend Comparison

IBIH's dividend yield for the trailing twelve months is around 3.90%, more than VTP's 1.61% yield.

Position	TTM	2025	2024	2023
IBIH iShares iBonds Oct 2031 Term TIPS ETF	3.90%	4.68%	4.34%	0.70%
VTP Vanguard Total Inflation-Protected Securities ETF	1.61%	1.56%	0.00%	0.00%

Frequently Asked Questions

Can I hold both IBIH and VTP in my portfolio?

With a correlation of 0.91, IBIH and VTP move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, IBIH or VTP?

On fees, VTP is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, IBIH or VTP?

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

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

IBIH has the higher dividend yield at 3.90%, compared with 1.61% for VTP.

What is the main difference between IBIH and VTP?

IBIH tracks ICE 2031 Maturity US Inflation-Linked Treasury Index, while VTP tracks ICE U.S. Treasury Inflation Linked Bond Index 0-5. They also come from different issuers: iShares and Vanguard. Their fees differ too: 0.10% for IBIH and 0.05% for VTP.