TIPA vs. VTIP
TIPA (Northern Trust 2030 Inflation-Linked Distributing Ladder ETF) and VTIP (Vanguard Short-Term Inflation-Protected Securities ETF) are both Inflation-Protected Bonds funds. TIPA is actively managed, while VTIP is passively managed. Their correlation of 0.95 suggests significant overlap in exposure. TIPA charges 0.10%/yr vs 0.03%/yr for VTIP.
Performance
TIPA vs. VTIP - Performance Comparison
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Returns By Period
In the year-to-date period, TIPA achieves a 1.78% return, which is significantly higher than VTIP's 1.67% return.
TIPA
- 1D
- 0.05%
- 1M
- -0.36%
- 6M
- 1.77%
- YTD
- 1.78%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
VTIP
- 1D
- 0.12%
- 1M
- -0.37%
- 6M
- 1.69%
- YTD
- 1.67%
- 1Y
- 3.79%
- 3Y*
- 5.17%
- 5Y*
- 3.25%
- 10Y*
- 3.02%
TIPA vs. VTIP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
TIPA Northern Trust 2030 Inflation-Linked Distributing Ladder ETF | 1.78% | 0.52% |
VTIP Vanguard Short-Term Inflation-Protected Securities ETF | 1.67% | 1.14% |
Correlation
The correlation between TIPA and VTIP is 0.95, 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 Aug 19, 2025 | 0.95 |
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Return for Risk
TIPA vs. VTIP — Risk / Return Rank
TIPA
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
VTIP
TIPA vs. VTIP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Northern Trust 2030 Inflation-Linked Distributing Ladder ETF (TIPA) 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.
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.
| TIPA | VTIP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.47 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 5.16 | — |
| Martin ratioReturn relative to average drawdown | — | 17.04 | — |
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Drawdowns
TIPA vs. VTIP - Drawdown Comparison
The maximum TIPA drawdown since its inception was -0.76%, smaller than the maximum VTIP drawdown of -6.27%. Use the drawdown chart below to compare losses from any high point for TIPA and VTIP.
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Drawdown Indicators
| TIPA | VTIP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -0.76% | -6.27% | +5.51% |
Max Drawdown (1Y)Largest decline over 1 year | — | -0.71% | — |
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 DrawdownCurrent decline from peak | -0.43% | -0.39% | -0.04% |
Average DrawdownAverage peak-to-trough decline | -0.22% | -1.04% | +0.82% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 0.22% | — |
Volatility
TIPA vs. VTIP - Volatility Comparison
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Volatility by Period
| TIPA | VTIP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 0.66% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 1.19% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 1.63% | 1.58% | +0.05% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 1.63% | 2.77% | -1.14% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 1.63% | 2.74% | -1.11% |
TIPA vs. VTIP - Expense Ratio Comparison
TIPA has a 0.10% 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%.
Dividends
TIPA vs. VTIP - Dividend Comparison
TIPA's dividend yield for the trailing twelve months is around 3.29%, less than VTIP's 4.16% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
TIPA Northern Trust 2030 Inflation-Linked Distributing Ladder ETF | 3.29% | 0.84% | 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 | 4.16% | 3.81% | 2.70% | 2.86% | 6.84% | 4.68% | 1.20% | 1.95% | 2.45% | 1.52% | 0.76% |
Frequently Asked Questions
With a correlation of 0.95, TIPA and VTIP 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.
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.
VTIP is cheaper with a 0.03% expense ratio, compared with 0.10% for TIPA.
VTIP has the higher dividend yield at 4.16%, compared with 3.29% for TIPA.
They also come from different issuers: Northern Trust and Vanguard. Their fees differ too: 0.10% for TIPA and 0.03% for VTIP.
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