TIPB vs. VTP

Last updated Jun 24, 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 1.03% return, which is significantly higher than VTP's 0.75% return.

TIPB

• 1D: -0.02%
• 1M: -0.41%
• YTD: 1.03%
• 6M: 1.14%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

VTP

• 1D: -0.02%
• 1M: -0.12%
• YTD: 0.75%
• 6M: 0.95%
• 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	1.03%	0.79%
VTP Vanguard Total Inflation-Protected Securities ETF	0.75%	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-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.

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

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	-1.12%	-1.09%	-0.03%
Average Drawdown Average peak-to-trough decline	-0.38%	-0.52%	+0.14%

Volatility

Volatility by Period

	TIPB	VTP	Difference
Volatility (1Y) Calculated over the trailing 1-year period	2.65%	3.34%	-0.69%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.65%	3.34%	-0.69%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.65%	3.34%	-0.69%

Dividends

TIPB vs. VTP - Dividend Comparison

TIPB's dividend yield for the trailing twelve months is around 3.04%, more than VTP's 1.62% yield.

Position	TTM	2025
TIPB Northern Trust 2035 Inflation-Linked Distributing Ladder ETF	3.04%	1.09%
VTP Vanguard Total Inflation-Protected Securities ETF	1.62%	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 3.04%, compared with 1.62% for VTP.

What is the main difference between TIPB and VTP?

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