TIPB vs. VTP

Last updated Jun 4, 2026

TIPB (Northern Trust 2035 Inflation-Linked Distributing Ladder ETF) and VTP (Vanguard Total Inflation-Protected Securities ETF) are both Inflation-Protected Bonds funds. TIPB is actively managed, while VTP is passively managed. Their correlation of 0.92 suggests significant overlap in exposure.

Performance

TIPB vs. VTP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Northern Trust 2035 Inflation-Linked Distributing Ladder ETF (TIPB) 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, TIPB achieves a 1.86% return, which is significantly higher than VTP's 1.55% return.

TIPB

• 1D: -0.12%
• 1M: -0.22%
• YTD: 1.86%
• 6M: 1.53%
• 1Y: —
• 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)

TIPB vs. VTP - Yearly Performance Comparison

	2026 (YTD)	2025
TIPB Northern Trust 2035 Inflation-Linked Distributing Ladder ETF	1.86%	0.79%
VTP Vanguard Total Inflation-Protected Securities ETF	1.55%	1.46%

Correlation

The correlation between TIPB and VTP is 0.92, 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 20, 2025	0.92

Return for Risk

TIPB vs. VTP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Northern Trust 2035 Inflation-Linked Distributing Ladder ETF (TIPB) 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.

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

Sharpe Ratios by Period

	TIPB	VTP	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	1.35	1.31	+0.03

Drawdowns

TIPB vs. VTP - Drawdown Comparison

The maximum TIPB drawdown since its inception was -1.32%, smaller than the maximum VTP drawdown of -1.92%. Use the drawdown chart below to compare losses from any high point for TIPB and VTP.

Drawdown Indicators

	TIPB	VTP	Difference
Max Drawdown Largest peak-to-trough decline	-1.32%	-1.92%	+0.60%
Current Drawdown Current decline from peak	-0.31%	-0.30%	-0.01%
Average Drawdown Average peak-to-trough decline	-0.37%	-0.52%	+0.15%

Volatility

Volatility by Period

	TIPB	VTP	Difference
Volatility (1Y) Calculated over the trailing 1-year period	2.54%	3.26%	-0.72%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.54%	3.26%	-0.72%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.54%	3.26%	-0.72%

Dividends

TIPB vs. VTP - Dividend Comparison

TIPB's dividend yield for the trailing twelve months is around 3.02%, more than VTP's 1.61% yield.

Position	TTM	2025
TIPB Northern Trust 2035 Inflation-Linked Distributing Ladder ETF	3.02%	1.09%
VTP Vanguard Total Inflation-Protected Securities ETF	1.61%	1.56%

Frequently Asked Questions

Can I hold both TIPB and VTP in my portfolio?

With a correlation of 0.92, TIPB 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 pays a higher dividend yield, TIPB or VTP?

TIPB has the higher dividend yield at 3.02%, compared with 1.61% for VTP.

What is the main difference between TIPB and VTP?

They also come from different issuers: Northern Trust and Vanguard.