VTIP vs. NTSX
VTIP (Vanguard Short-Term Inflation-Protected Securities ETF) and NTSX (WisdomTree U.S. Efficient Core Fund) are both exchange-traded funds - VTIP is a Inflation-Protected Bonds fund tracking the Bloomberg U.S. Treasury Inflation-Protected Securities (TIPS) 0-5 Year Index, while NTSX is a Diversified Portfolio fund actively managed by WisdomTree. VTIP is passively managed, while NTSX is actively managed. Over the past 5 years, VTIP returned 3.37%/yr vs 9.26%/yr for NTSX. At a 0.22 correlation, their price movements are largely independent. VTIP charges 0.03%/yr vs 0.20%/yr for NTSX.
Performance
VTIP vs. NTSX - Performance Comparison
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Returns By Period
In the year-to-date period, VTIP achieves a 1.76% return, which is significantly lower than NTSX's 6.77% return.
VTIP
- 1D
- 0.00%
- 1M
- -0.18%
- YTD
- 1.76%
- 6M
- 1.89%
- 1Y
- 4.64%
- 3Y*
- 5.17%
- 5Y*
- 3.37%
- 10Y*
- 3.08%
NTSX
- 1D
- 0.40%
- 1M
- -0.09%
- YTD
- 6.77%
- 6M
- 6.86%
- 1Y
- 22.68%
- 3Y*
- 18.71%
- 5Y*
- 9.26%
- 10Y*
- —
VTIP vs. NTSX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
VTIP Vanguard Short-Term Inflation-Protected Securities ETF | 1.76% | 6.07% | 4.74% | 4.62% | -2.94% | 5.36% | 4.95% | 4.86% | 0.10% |
NTSX WisdomTree U.S. Efficient Core Fund | 6.77% | 18.82% | 20.20% | 22.70% | -25.84% | 22.21% | 24.87% | 32.03% | -8.72% |
Correlation
The correlation between VTIP and NTSX is 0.13, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.13 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.23 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.25 |
Correlation (All Time) Calculated using the full available price history since Aug 3, 2018 | 0.22 |
The correlation between VTIP and NTSX shifts across timeframes, from 0.13 (1 year) to 0.25 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
VTIP vs. NTSX — Risk / Return Rank
VTIP
NTSX
VTIP vs. NTSX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Short-Term Inflation-Protected Securities ETF (VTIP) and WisdomTree U.S. Efficient Core Fund (NTSX). 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.
| VTIP | NTSX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.31 | ||
| Sortino ratioReturn per unit of downside risk | +2.89 | ||
| Omega ratioGain probability vs. loss probability | 1.66 | 1.33 | +0.34 |
| Calmar ratioReturn relative to maximum drawdown | 6.66 | 2.49 | +4.18 |
| Martin ratioReturn relative to average drawdown | 26.11 | 10.91 | +15.20 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| VTIP | NTSX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.12 | 1.80 | +1.31 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.22 | 0.54 | +0.67 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.13 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.89 | 0.70 | +0.19 |
Drawdowns
VTIP vs. NTSX - Drawdown Comparison
The maximum VTIP drawdown since its inception was -6.27%, smaller than the maximum NTSX drawdown of -31.34%. Use the drawdown chart below to compare losses from any high point for VTIP and NTSX.
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Drawdown Indicators
| VTIP | NTSX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -6.27% | -31.34% | +25.07% |
Max Drawdown (1Y)Largest decline over 1 year | -0.70% | -9.16% | +8.46% |
Max Drawdown (3Y)Largest decline over 3 years | -0.98% | -16.82% | +15.84% |
Max Drawdown (5Y)Largest decline over 5 years | -5.50% | -31.34% | +25.84% |
Max Drawdown (10Y)Largest decline over 10 years | -6.27% | — | — |
Current DrawdownCurrent decline from peak | -0.30% | -2.73% | +2.43% |
Average DrawdownAverage peak-to-trough decline | -1.04% | -6.79% | +5.75% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.18% | 2.08% | -1.90% |
Volatility
VTIP vs. NTSX - Volatility Comparison
The current volatility for Vanguard Short-Term Inflation-Protected Securities ETF (VTIP) is 0.45%, while WisdomTree U.S. Efficient Core Fund (NTSX) has a volatility of 4.33%. This indicates that VTIP experiences smaller price fluctuations and is considered to be less risky than NTSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VTIP | NTSX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.45% | 4.33% | -3.88% |
Volatility (6M)Calculated over the trailing 6-month period | 1.05% | 10.04% | -8.99% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.50% | 12.65% | -11.15% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.78% | 17.09% | -14.31% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.74% | 18.29% | -15.55% |
VTIP vs. NTSX - Expense Ratio Comparison
VTIP has a 0.03% expense ratio, which is lower than NTSX's 0.20% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
VTIP vs. NTSX - Dividend Comparison
VTIP's dividend yield for the trailing twelve months is around 3.59%, more than NTSX's 1.09% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
NTSX WisdomTree U.S. Efficient Core Fund | 1.09% | 1.14% | 1.14% | 1.21% | 1.36% | 0.82% | 0.92% | 1.42% | 0.62% | 0.00% | 0.00% |
VTIP Vanguard Short-Term Inflation-Protected Securities ETF | 3.59% | 3.81% | 2.70% | 2.86% | 6.84% | 4.68% | 1.20% | 1.95% | 2.45% | 1.52% | 0.76% |
Frequently Asked Questions
VTIP and NTSX have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NTSX has higher volatility (4.33%) compared to VTIP (0.45%). In terms of maximum drawdown, VTIP dropped -6.27% vs NTSX's -31.34%.
On 5-year performance, NTSX leads with 9.26% vs 3.37% for VTIP. On fees, VTIP is cheaper at 0.03% per year. On volatility, VTIP has been the lower-risk option at 0.45%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, NTSX has performed better with a 9.26% return vs 3.37%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
VTIP is cheaper with a 0.03% expense ratio, compared with 0.20% for NTSX.
VTIP has the higher dividend yield at 3.59%, compared with 1.09% for NTSX.
VTIP is categorized as Inflation-Protected Bonds, while NTSX is Diversified Portfolio. They also come from different issuers: Vanguard and WisdomTree. Their fees differ too: 0.03% for VTIP and 0.20% for NTSX.
VTIP currently has the higher Sharpe Ratio (3.12 vs 1.80), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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