VTP vs. RBIL

Last updated Jun 4, 2026

VTP (Vanguard Total Inflation-Protected Securities ETF) and RBIL (F/m Ultrashort Treasury Inflation-Protected Security (TIPS) ETF) are both Inflation-Protected Bonds funds - VTP tracks the ICE U.S. Treasury Inflation Linked Bond Index 0-5 while RBIL tracks the Bloomberg US Ultrashort TIPS 1-13 Months Index. Both are passively managed. At a 0.06 correlation, their price movements are largely independent. VTP charges 0.05%/yr vs 0.17%/yr for RBIL.

Performance

VTP vs. RBIL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Total Inflation-Protected Securities ETF (VTP) and F/m Ultrashort Treasury Inflation-Protected Security (TIPS) ETF (RBIL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, VTP achieves a 1.55% return, which is significantly lower than RBIL's 2.70% return.

VTP

• 1D: -0.16%
• 1M: -0.08%
• YTD: 1.55%
• 6M: 1.09%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

RBIL

• 1D: 0.06%
• 1M: 0.38%
• YTD: 2.70%
• 6M: 2.79%
• 1Y: 4.57%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

VTP vs. RBIL - Yearly Performance Comparison

	2026 (YTD)	2025
VTP Vanguard Total Inflation-Protected Securities ETF	1.55%	2.27%
RBIL F/m Ultrashort Treasury Inflation-Protected Security (TIPS) ETF	2.70%	1.51%

Correlation

The correlation between VTP and RBIL is 0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 10, 2025	0.06

Return for Risk

VTP vs. RBIL — Risk / Return Rank

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

RBIL

RBIL Risk / Return Rank: 98
RBIL Sharpe Ratio Rank: 97
RBIL Sortino Ratio Rank: 98
RBIL Omega Ratio Rank: 98
RBIL Calmar Ratio Rank: 98
RBIL Martin Ratio Rank: 98

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.

VTP vs. RBIL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Total Inflation-Protected Securities ETF (VTP) and F/m Ultrashort Treasury Inflation-Protected Security (TIPS) ETF (RBIL). 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.

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

Sharpe Ratios by Period

	VTP	RBIL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	5.01	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.31	4.28	-2.96

Drawdowns

VTP vs. RBIL - Drawdown Comparison

The maximum VTP drawdown since its inception was -1.92%, which is greater than RBIL's maximum drawdown of -0.50%. Use the drawdown chart below to compare losses from any high point for VTP and RBIL.

Drawdown Indicators

	VTP	RBIL	Difference
Max Drawdown Largest peak-to-trough decline	-1.92%	-0.50%	-1.42%
Max Drawdown (1Y) Largest decline over 1 year	—	-0.27%	—
Current Drawdown Current decline from peak	-0.30%	0.00%	-0.30%
Average Drawdown Average peak-to-trough decline	-0.52%	-0.06%	-0.46%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.07%	—

Volatility

Volatility by Period

	VTP	RBIL	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.30%	—
Volatility (6M) Calculated over the trailing 6-month period	—	0.79%	—
Volatility (1Y) Calculated over the trailing 1-year period	3.26%	0.92%	+2.34%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.26%	1.05%	+2.21%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.26%	1.05%	+2.21%

VTP vs. RBIL - Expense Ratio Comparison

VTP has a 0.05% expense ratio, which is lower than RBIL's 0.17% 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

VTP vs. RBIL - Dividend Comparison

VTP's dividend yield for the trailing twelve months is around 1.61%, less than RBIL's 4.60% yield.

Position	TTM	2025
RBIL F/m Ultrashort Treasury Inflation-Protected Security (TIPS) ETF	4.60%	3.65%
VTP Vanguard Total Inflation-Protected Securities ETF	1.61%	1.56%

Frequently Asked Questions

Can I hold both VTP and RBIL in my portfolio?

VTP and RBIL have a correlation of 0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, VTP or RBIL?

On fees, VTP is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, VTP or RBIL?

VTP is cheaper with a 0.05% expense ratio, compared with 0.17% for RBIL.

Which ETF pays a higher dividend yield, VTP or RBIL?

RBIL has the higher dividend yield at 4.60%, compared with 1.61% for VTP.

What is the main difference between VTP and RBIL?

VTP tracks ICE U.S. Treasury Inflation Linked Bond Index 0-5, while RBIL tracks Bloomberg US Ultrashort TIPS 1-13 Months Index. They also come from different issuers: Vanguard and F/m. Their fees differ too: 0.05% for VTP and 0.17% for RBIL.