QPFF vs. VTIP

Last updated Jun 4, 2026

QPFF (American Century Quality Preferred ETF) and VTIP (Vanguard Short-Term Inflation-Protected Securities ETF) are both exchange-traded funds - QPFF is a Preferred Stock/Convertible Bonds fund actively managed by American Century, while VTIP is a Inflation-Protected Bonds fund tracking the Bloomberg U.S. Treasury Inflation-Protected Securities (TIPS) 0-5 Year Index. QPFF is actively managed, while VTIP is passively managed. QPFF charges 0.33%/yr vs 0.03%/yr for VTIP.

Performance

QPFF vs. VTIP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in American Century Quality Preferred ETF (QPFF) and Vanguard Short-Term Inflation-Protected Securities ETF (VTIP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

QPFF

• 1D: 0.00%
• 1M: 0.00%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

VTIP

• 1D: 0.00%
• 1M: 0.04%
• YTD: 2.05%
• 6M: 2.03%
• 1Y: 4.70%
• 3Y*: 5.26%
• 5Y*: 3.37%
• 10Y*: 3.14%

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

QPFF vs. VTIP - Yearly Performance Comparison

	2026 (YTD)
QPFF American Century Quality Preferred ETF	0.00%
VTIP Vanguard Short-Term Inflation-Protected Securities ETF	1.56%

Return for Risk

QPFF vs. VTIP — Risk / Return Rank

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

VTIP

VTIP Risk / Return Rank: 93
VTIP Sharpe Ratio Rank: 90
VTIP Sortino Ratio Rank: 95
VTIP Omega Ratio Rank: 93
VTIP Calmar Ratio Rank: 93
VTIP Martin Ratio Rank: 93

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.

QPFF vs. VTIP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for American Century Quality Preferred ETF (QPFF) and Vanguard Short-Term Inflation-Protected Securities ETF (VTIP). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	QPFF	VTIP	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	3.15	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	1.22	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	1.15	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.89	—

Drawdowns

QPFF vs. VTIP - Drawdown Comparison

The maximum QPFF drawdown since its inception was 0.00%, smaller than the maximum VTIP drawdown of -6.27%. Use the drawdown chart below to compare losses from any high point for QPFF and VTIP.

Drawdown Indicators

	QPFF	VTIP	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-6.27%	+6.27%
Max Drawdown (1Y) Largest decline over 1 year	—	-0.70%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-0.98%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-5.50%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-6.27%	—
Current Drawdown Current decline from peak	0.00%	-0.02%	+0.02%
Average Drawdown Average peak-to-trough decline	0.00%	-1.04%	+1.04%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.18%	—

Volatility

Volatility by Period

	QPFF	VTIP	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.43%	—
Volatility (6M) Calculated over the trailing 6-month period	—	1.02%	—
Volatility (1Y) Calculated over the trailing 1-year period	0.00%	1.50%	-1.50%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.00%	2.77%	-2.77%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.00%	2.74%	-2.74%

QPFF vs. VTIP - Expense Ratio Comparison

QPFF has a 0.33% expense ratio, which is higher than VTIP's 0.03% expense ratio.

Dividends

QPFF vs. VTIP - Dividend Comparison

QPFF has not paid dividends to shareholders, while VTIP's dividend yield for the trailing twelve months is around 3.58%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
QPFF American Century Quality Preferred ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VTIP Vanguard Short-Term Inflation-Protected Securities ETF	3.58%	3.81%	2.70%	2.86%	6.84%	4.68%	1.20%	1.95%	2.45%	1.52%	0.76%

Frequently Asked Questions

Which ETF is better, QPFF or VTIP?

On fees, VTIP is cheaper at 0.03% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, QPFF or VTIP?

VTIP is cheaper with a 0.03% expense ratio, compared with 0.33% for QPFF.

Which ETF pays a higher dividend yield, QPFF or VTIP?

VTIP has the higher dividend yield at 3.58%, compared with 0.00% for QPFF.

What is the main difference between QPFF and VTIP?

QPFF is categorized as Preferred Stock/Convertible Bonds, while VTIP is Inflation-Protected Bonds. They also come from different issuers: American Century and Vanguard. Their fees differ too: 0.33% for QPFF and 0.03% for VTIP.