TIPB vs. VTP

Last updated Jul 14, 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 1.38% return, which is significantly higher than VTP's 0.82% return.

TIPB

• 1D: -0.13%
• 1M: -0.28%
• 6M: 1.21%
• YTD: 1.38%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

VTP

• 1D: -0.20%
• 1M: -0.57%
• 6M: 0.58%
• YTD: 0.82%
• 1Y: 3.25%
• 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	1.38%	0.79%
VTP Vanguard Total Inflation-Protected Securities ETF	0.82%	1.61%

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 19, 2025	0.92

Return for Risk

TIPB vs. VTP — Risk / Return Rank

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

TIPB

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

VTP

VTP Risk / Return Rank: 35
VTP Sharpe Ratio Rank: 33
VTP Sortino Ratio Rank: 32
VTP Omega Ratio Rank: 30
VTP Calmar Ratio Rank: 42
VTP Martin Ratio Rank: 39

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.

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.

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.

	TIPB	VTP	Difference
Sharpe ratio: Return per unit of total volatility	—	0.97	—
Sortino ratio: Return per unit of downside risk	—	1.43	—
Omega ratio: Gain probability vs. loss probability	—	1.17	—
Calmar ratio: Return relative to maximum drawdown	—	1.70	—
Martin ratio: Return relative to average drawdown	—	4.86	—

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%
Max Drawdown (1Y) Largest decline over 1 year	—	-1.92%	—
Current Drawdown Current decline from peak	-0.79%	-1.01%	+0.22%
Average Drawdown Average peak-to-trough decline	-0.40%	-0.53%	+0.13%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.67%	—

Volatility

Volatility by Period

	TIPB	VTP	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	1.24%	—
Volatility (6M) Calculated over the trailing 6-month period	—	2.47%	—
Volatility (1Y) Calculated over the trailing 1-year period	2.63%	3.36%	-0.73%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.63%	3.35%	-0.72%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.63%	3.35%	-0.72%

Dividends

TIPB vs. VTP - Dividend Comparison

TIPB's dividend yield for the trailing twelve months is around 4.15%, more than VTP's 2.98% yield.

Position	TTM	2025
TIPB Northern Trust 2035 Inflation-Linked Distributing Ladder ETF	4.15%	1.09%
VTP Vanguard Total Inflation-Protected Securities ETF	2.98%	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 4.15%, compared with 2.98% for VTP.

What is the main difference between TIPB and VTP?

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