PortfoliosLab logo
VTIP vs. TIP
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between VTIP and TIP is 0.08, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


-0.50.00.51.0
Correlation: 0.1

Performance

VTIP vs. TIP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Short-Term Inflation-Protected Securities ETF (VTIP) and iShares TIPS Bond ETF (TIP). The values are adjusted to include any dividend payments, if applicable.

20.00%25.00%30.00%NovemberDecember2025FebruaryMarchApril
30.31%
21.02%
VTIP
TIP

Key characteristics

Sharpe Ratio

VTIP:

3.94

TIP:

1.50

Sortino Ratio

VTIP:

6.50

TIP:

2.09

Omega Ratio

VTIP:

1.91

TIP:

1.27

Calmar Ratio

VTIP:

7.68

TIP:

0.64

Martin Ratio

VTIP:

26.45

TIP:

4.51

Ulcer Index

VTIP:

0.28%

TIP:

1.56%

Daily Std Dev

VTIP:

1.91%

TIP:

4.68%

Max Drawdown

VTIP:

-6.27%

TIP:

-14.56%

Current Drawdown

VTIP:

-0.14%

TIP:

-4.51%

Returns By Period

In the year-to-date period, VTIP achieves a 3.45% return, which is significantly lower than TIP's 3.68% return. Over the past 10 years, VTIP has outperformed TIP with an annualized return of 2.81%, while TIP has yielded a comparatively lower 2.16% annualized return.


VTIP

YTD

3.45%

1M

0.94%

6M

3.74%

1Y

7.47%

5Y*

4.07%

10Y*

2.81%

TIP

YTD

3.68%

1M

0.43%

6M

2.18%

1Y

7.15%

5Y*

1.37%

10Y*

2.16%

*Annualized

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


VTIP vs. TIP - Expense Ratio Comparison

VTIP has a 0.04% expense ratio, which is lower than TIP's 0.19% 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%.


Expense ratio chart for TIP: current value is 0.19%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
TIP: 0.19%
Expense ratio chart for VTIP: current value is 0.04%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
VTIP: 0.04%

Risk-Adjusted Performance

VTIP vs. TIP — Risk-Adjusted Performance Rank

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

VTIP
The Risk-Adjusted Performance Rank of VTIP is 9898
Overall Rank
The Sharpe Ratio Rank of VTIP is 9999
Sharpe Ratio Rank
The Sortino Ratio Rank of VTIP is 9999
Sortino Ratio Rank
The Omega Ratio Rank of VTIP is 9898
Omega Ratio Rank
The Calmar Ratio Rank of VTIP is 9999
Calmar Ratio Rank
The Martin Ratio Rank of VTIP is 9898
Martin Ratio Rank

TIP
The Risk-Adjusted Performance Rank of TIP is 8585
Overall Rank
The Sharpe Ratio Rank of TIP is 9090
Sharpe Ratio Rank
The Sortino Ratio Rank of TIP is 9090
Sortino Ratio Rank
The Omega Ratio Rank of TIP is 8888
Omega Ratio Rank
The Calmar Ratio Rank of TIP is 7272
Calmar Ratio Rank
The Martin Ratio Rank of TIP is 8383
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

VTIP vs. TIP - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Short-Term Inflation-Protected Securities ETF (VTIP) and iShares TIPS Bond ETF (TIP). 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.


The chart of Sharpe ratio for VTIP, currently valued at 3.94, compared to the broader market-1.000.001.002.003.004.00
VTIP: 3.94
TIP: 1.50
The chart of Sortino ratio for VTIP, currently valued at 6.50, compared to the broader market-2.000.002.004.006.008.00
VTIP: 6.50
TIP: 2.09
The chart of Omega ratio for VTIP, currently valued at 1.91, compared to the broader market0.501.001.502.002.50
VTIP: 1.91
TIP: 1.27
The chart of Calmar ratio for VTIP, currently valued at 7.68, compared to the broader market0.002.004.006.008.0010.0012.00
VTIP: 7.68
TIP: 0.64
The chart of Martin ratio for VTIP, currently valued at 26.45, compared to the broader market0.0020.0040.0060.00
VTIP: 26.45
TIP: 4.51

The current VTIP Sharpe Ratio is 3.94, which is higher than the TIP Sharpe Ratio of 1.50. The chart below compares the historical Sharpe Ratios of VTIP and TIP, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.001.002.003.004.00NovemberDecember2025FebruaryMarchApril
3.94
1.50
VTIP
TIP

Dividends

VTIP vs. TIP - Dividend Comparison

VTIP's dividend yield for the trailing twelve months is around 2.76%, less than TIP's 3.03% yield.


TTM20242023202220212020201920182017201620152014
VTIP
Vanguard Short-Term Inflation-Protected Securities ETF
2.76%2.70%3.36%6.84%4.68%1.20%1.95%2.45%1.52%0.76%0.00%0.82%
TIP
iShares TIPS Bond ETF
3.03%2.52%2.73%6.96%4.28%1.17%1.75%2.71%2.07%1.48%0.34%1.67%

Drawdowns

VTIP vs. TIP - Drawdown Comparison

The maximum VTIP drawdown since its inception was -6.27%, smaller than the maximum TIP drawdown of -14.56%. Use the drawdown chart below to compare losses from any high point for VTIP and TIP. For additional features, visit the drawdowns tool.


-8.00%-6.00%-4.00%-2.00%0.00%NovemberDecember2025FebruaryMarchApril
-0.14%
-4.51%
VTIP
TIP

Volatility

VTIP vs. TIP - Volatility Comparison

The current volatility for Vanguard Short-Term Inflation-Protected Securities ETF (VTIP) is 1.09%, while iShares TIPS Bond ETF (TIP) has a volatility of 2.32%. This indicates that VTIP experiences smaller price fluctuations and is considered to be less risky than TIP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.50%1.00%1.50%2.00%NovemberDecember2025FebruaryMarchApril
1.09%
2.32%
VTIP
TIP