RBIL vs. VTIP

Last updated Apr 1, 2026

Compare and contrast key facts about F/m Ultrashort Treasury Inflation-Protected Security (TIPS) ETF (RBIL) and Vanguard Short-Term Inflation-Protected Securities ETF (VTIP).

RBIL and VTIP are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. RBIL is a passively managed fund by F/m that tracks the performance of the Bloomberg US Ultrashort TIPS 1-13 Months Index. It was launched on Feb 24, 2025. VTIP is a passively managed fund by Vanguard that tracks the performance of the Bloomberg U.S. Treasury Inflation-Protected Securities (TIPS) 0-5 Year Index. It was launched on Oct 12, 2012. Both RBIL and VTIP are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

RBIL vs. VTIP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in F/m Ultrashort Treasury Inflation-Protected Security (TIPS) ETF (RBIL) and Vanguard Short-Term Inflation-Protected Securities ETF (VTIP). The values are adjusted to include any dividend payments, if applicable.

RBIL vs. VTIP - Yearly Performance Comparison

	2026 (YTD)	2025
RBIL F/m Ultrashort Treasury Inflation-Protected Security (TIPS) ETF	1.65%	2.91%
VTIP Vanguard Short-Term Inflation-Protected Securities ETF	0.99%	4.30%

Returns By Period

In the year-to-date period, RBIL achieves a 1.65% return, which is significantly higher than VTIP's 0.99% return.

RBIL

• 1D: -0.08%
• 1M: 1.03%
• YTD: 1.65%
• 6M: 2.23%
• 1Y: 3.87%
• 3Y*: —
• 5Y*: —
• 10Y*: —

VTIP

• 1D: 0.02%
• 1M: 0.10%
• YTD: 0.99%
• 6M: 1.37%
• 1Y: 3.94%
• 3Y*: 4.66%
• 5Y*: 3.48%
• 10Y*: 3.07%

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

RBIL vs. VTIP - Expense Ratio Comparison

RBIL has a 0.17% expense ratio, which is higher than VTIP's 0.03% 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%.

RBIL

F/m Ultrashort Treasury Inflation-Protected Security (TIPS) ETF

VTIP

Vanguard Short-Term Inflation-Protected Securities ETF

Return for Risk

RBIL vs. VTIP — Risk / Return Rank

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

RBIL

RBIL Risk / Return Rank: 98
RBIL Sharpe Ratio Rank: 98
RBIL Sortino Ratio Rank: 99
RBIL Omega Ratio Rank: 98
RBIL Calmar Ratio Rank: 98
RBIL Martin Ratio Rank: 98

VTIP

VTIP Risk / Return Rank: 94
VTIP Sharpe Ratio Rank: 93
VTIP Sortino Ratio Rank: 96
VTIP Omega Ratio Rank: 95
VTIP Calmar Ratio Rank: 96
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.

RBIL vs. VTIP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for F/m Ultrashort Treasury Inflation-Protected Security (TIPS) ETF (RBIL) 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.

	RBIL	VTIP	Difference
Sharpe ratio Return per unit of total volatility	3.76	2.09	+1.68
Sortino ratio Return per unit of downside risk	6.07	3.15	+2.92
Omega ratio Gain probability vs. loss probability	2.00	1.44	+0.56
Calmar ratio Return relative to maximum drawdown	7.98	4.11	+3.87
Martin ratio Return relative to average drawdown	35.17	13.24	+21.93
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

RBIL vs. VTIP - Sharpe Ratio Comparison

The current RBIL Sharpe Ratio is 3.76, which is higher than the VTIP Sharpe Ratio of 2.09. The chart below compares the historical Sharpe Ratios of RBIL and VTIP, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	RBIL	VTIP	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.76	2.09	+1.68
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	1.26	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	1.12	—
Sharpe Ratio (All Time) Calculated using the full available price history	4.10	0.87	+3.23

Correlation

The correlation between RBIL and VTIP is 0.34, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

RBIL vs. VTIP - Dividend Comparison

RBIL's dividend yield for the trailing twelve months is around 4.42%, more than VTIP's 3.77% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
RBIL F/m Ultrashort Treasury Inflation-Protected Security (TIPS) ETF	4.42%	3.65%	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	3.77%	3.81%	2.70%	2.86%	6.84%	4.68%	1.20%	1.95%	2.45%	1.52%	0.76%

Drawdowns

RBIL vs. VTIP - Drawdown Comparison

The maximum RBIL drawdown since its inception was -0.50%, smaller than the maximum VTIP drawdown of -6.27%. Use the drawdown chart below to compare losses from any high point for RBIL and VTIP.

Drawdown Indicators

	RBIL	VTIP	Difference
Max Drawdown Largest peak-to-trough decline	-0.50%	-6.27%	+5.77%
Max Drawdown (1Y) Largest decline over 1 year	-0.50%	-0.98%	+0.48%
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	-0.08%	-0.26%	+0.18%
Average Drawdown Average peak-to-trough decline	-0.06%	-1.05%	+0.99%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.11%	0.30%	-0.19%

Volatility

RBIL vs. VTIP - Volatility Comparison

F/m Ultrashort Treasury Inflation-Protected Security (TIPS) ETF (RBIL) and Vanguard Short-Term Inflation-Protected Securities ETF (VTIP) have volatilities of 0.58% and 0.60%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RBIL	VTIP	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.58%	0.60%	-0.02%
Volatility (6M) Calculated over the trailing 6-month period	0.67%	0.97%	-0.30%
Volatility (1Y) Calculated over the trailing 1-year period	1.04%	1.90%	-0.86%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	1.03%	2.78%	-1.75%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	1.03%	2.74%	-1.71%