VCOB vs. TIPB

Last updated Jul 30, 2026

VCOB (Voya Core Bond ETF) and TIPB (Northern Trust 2035 Inflation-Linked Distributing Ladder ETF) are both exchange-traded funds - VCOB is a Actively Managed fund actively managed by Voya, while TIPB is a Inflation-Protected Bonds fund actively managed by Northern Trust. Both are actively managed. Their 0.66 correlation means they have sometimes moved together and sometimes differently. VCOB charges 0.25%/yr vs 0.10%/yr for TIPB.

Performance

VCOB vs. TIPB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Voya Core Bond ETF (VCOB) and Northern Trust 2035 Inflation-Linked Distributing Ladder ETF (TIPB). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, VCOB achieves a -2.21% return, which is significantly lower than TIPB's 1.43% return.

VCOB

• 1D: -0.33%
• 1M: -1.76%
• 6M: -2.50%
• YTD: -2.21%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

TIPB

• 1D: 0.20%
• 1M: -0.33%
• 6M: 1.00%
• YTD: 1.43%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
TIPB Northern Trust 2035 Inflation-Linked Distributing Ladder ETF	$2.11K	$9.44K	$36.67K
VCOB Voya Core Bond ETF	$300.60K	$226.80K	$472.29K

VCOB vs. TIPB - Yearly Performance Comparison

	2026 (YTD)	2025
VCOB Voya Core Bond ETF	-2.21%	0.35%
TIPB Northern Trust 2035 Inflation-Linked Distributing Ladder ETF	1.43%	-0.05%

Correlation

The correlation between VCOB and TIPB is 0.66, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 19, 2025	0.66

Return for Risk

VCOB vs. TIPB - Risk-Adjusted Trends Comparison

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

VCOB vs. TIPB - Drawdown Comparison

The maximum VCOB drawdown since its inception was -3.53%, which is greater than TIPB's maximum drawdown of -1.32%. Use the drawdown chart below to compare losses from any high point for VCOB and TIPB.

Drawdown Indicators

	VCOB	TIPB	Difference
Max Drawdown Largest peak-to-trough decline	-3.53%	-1.32%	-2.21%
Current Drawdown Current decline from peak	-3.52%	-0.74%	-2.78%
Average Drawdown Average peak-to-trough decline	-1.53%	-0.42%	-1.11%

Volatility

Volatility by Period

	VCOB	TIPB	Difference
Volatility (1Y) Calculated over the trailing 1-year period	3.82%	2.60%	+1.22%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.82%	2.60%	+1.22%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.82%	2.60%	+1.22%

VCOB vs. TIPB - Expense Ratio Comparison

VCOB has a 0.25% expense ratio, which is higher than TIPB's 0.10% 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

VCOB vs. TIPB - Dividend Comparison

VCOB's dividend yield for the trailing twelve months is around 0.50%, less than TIPB's 4.15% yield.

Position	TTM	2025
TIPB Northern Trust 2035 Inflation-Linked Distributing Ladder ETF	4.15%	1.09%
VCOB Voya Core Bond ETF	0.50%	0.49%

Frequently Asked Questions

Can I hold both VCOB and TIPB in my portfolio?

VCOB and TIPB have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, VCOB or TIPB?

On fees, TIPB is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, VCOB or TIPB?

TIPB is cheaper with a 0.10% expense ratio, compared with 0.25% for VCOB.

Which ETF pays a higher dividend yield, VCOB or TIPB?

TIPB has the higher dividend yield at 4.15%, compared with 0.50% for VCOB.

What is the main difference between VCOB and TIPB?

VCOB is categorized as Actively Managed, while TIPB is Inflation-Protected Bonds. They also come from different issuers: Voya and Northern Trust. Their fees differ too: 0.25% for VCOB and 0.10% for TIPB.