Vanguard Short-Term Inflation-Protected Securities ETF

Vanguard Short-Term Inflation-Protected Securities ETF

About

Vanguard Short-Term Inflation-Protected Securities ETF (US9220208055) is a US-listed bond ETF tracking the Bloomberg US 0-5 Year TIPS Index. With a expense ratio of 0.03%, it ranks among the lowest-cost options in its category, paying distributions. The fund holds 25 positions across 1 region with 18.9B in assets, with heavy concentration — 85% in United States, 85% in government bonds.

Score Breakdown

Scores are scaled 1–10 on a logarithmic curve relative to all ETFs in the database.
Component Score Details
Overall 6.6 Diversification (45%) · Cost (30%) · Liquidity (25%)
Cost (30%) 9.2 Tracking Difference: 8.9 · TD Consistency: — · Expense Ratio: 10.0
Diversification (45%) 3.0 Holding Count: 1.2 · Country Concentration: 4.8 · Sector Concentration: 1.0
Liquidity (25%) 10.0 Assets Under Management

Data sources: provider factsheets, exchange data, and NAV history. Information for educational purposes only — not investment advice.

Ticker VTIP
ISIN
Fund Size $18.9B
Issuer Vanguard
Distribution Pays Distributions
Replication Physical
Inception Oct 2012
Base Currency USD
Index Bloomberg US 0-5 Year TIPS Index
Asset Class Bonds
Category Us Bond

Costs

9.2
This fund has low total costs, with competitive tracking and expense ratios.

Cost Metrics Explained

What expense ratio, tracking difference, and TD consistency measure

Expense ratio (Total Expense Ratio) is the annual fee the fund charges, deducted from assets. It’s the headline cost, but not the full picture.

Tracking Difference measures how much the fund actually lags (or leads) its benchmark index per year. This is the single best measure of true cost — it captures the expense ratio plus all other drags like sampling error and tax withholding. A lower (or negative) value is better.

TD Consistency measures how stable the tracking difference is from year to year. A low value means predictable, reliable costs; a high value means costs can vary significantly.
Expense Ratio0.00%
 
Metric Value
Expense Ratio 0.03%

Cumulative Returns

Performance across different time periods.
1 Month+0.00%
3 Months+0.00%
Year to Date+0.00%
1 Year+0.00%
3 Years+0.00%
5 Years+0.00%
Inception+0.00%
 
Period Cumulative Return
1 Month -0.01%
3 Months +0.00%
6 Months +0.01%
1 Year +0.00%
3 Years +0.06%
5 Years -0.04%
10 Years +0.01%
YTD +0.01%
Since Inception +0.01%

Holdings

1.2
With only 25 individual holdings, this fund is relatively concentrated compared to other ETFs.
#1
TREASURY (CPI) NOTE
5.55%
#2
TREASURY (CPI) NOTE
5.51%
#3
TREASURY (CPI) NOTE
5.34%
#4
TREASURY (CPI) NOTE
5.15%
#5
TREASURY (CPI) NOTE
5.13%
#6
TREASURY (CPI) NOTE
4.96%
#7
TREASURY (CPI) NOTE
4.86%
#8
TREASURY (CPI) NOTE
4.84%
#9
TREASURY (CPI) NOTE
4.81%
#10
TREASURY (CPI) NOTE
4.72%
View all holdings (25)
# Holding Ticker Weight
1 TREASURY (CPI) NOTE 555.00%
2 TREASURY (CPI) NOTE 551.00%
3 TREASURY (CPI) NOTE 534.00%
4 TREASURY (CPI) NOTE 515.00%
5 TREASURY (CPI) NOTE TIPS 513.00%
6 TREASURY (CPI) NOTE TIPS 496.00%
7 TREASURY (CPI) NOTE TIPS 486.00%
8 TREASURY (CPI) NOTE TIPS 484.00%
9 TREASURY (CPI) NOTE TIPS 481.00%
10 TREASURY (CPI) NOTE TIPS 472.00%
11 TREASURY (CPI) NOTE TIPS 460.00%
12 TREASURY (CPI) NOTE TIPS 437.00%
13 TREASURY (CPI) NOTE TIPS 431.00%
14 TREASURY (CPI) NOTE TIPS 423.00%
15 TREASURY (CPI) NOTE TIPS 420.00%
16 TREASURY (CPI) NOTE TIPS 385.00%
17 TREASURY (CPI) NOTE TIPS 381.00%
18 TREASURY (CPI) NOTE TIPS 380.00%
19 TREASURY (CPI) NOTE TIPS 329.00%
20 TREASURY (CPI) NOTE 286.00%
21 TREASURY (CPI) NOTE TIPS 230.00%
22 TREASURY (CPI) NOTE TIPS 196.00%
23 TREASURY (CPI) NOTE TIPS 195.00%
24 TREASURY (CPI) NOTE TIPS 183.00%
25 TREASURY (CPI) NOTE TIPS 175.00%

Sectors

1.0
This fund is concentrated in just a few of its 2 sectors, reducing diversification.
 
Sector Weight
Government Bonds 8516.00%
Unknown 1484.00%

Regions

4.8
This fund is concentrated in just 2 countries, with significant geographic concentration.
 
Country Weight
United States 8516.00%
UNKNOWN 1484.00%

Nerd Stuff

Advanced risk and return metrics (2023-06-30 — 2026-06-18).
9.7%
Volatility
-2.4%
Max Drawdown
3.48
Sharpe Ratio
5.49
Sortino Ratio
14.33
Calmar Ratio
0.12
Beta
-4.15%
Alpha (Jensen's)
0.074
R²
Benchmark-relative metrics (Beta, Alpha, R²) are calculated against the iShares Core S&P 500 ETF (IE00B5BMR087).

Similar ETFs

Other funds tracking US Bond indices.
Vanguard Total Bond Market ETF
BND·Expense Ratio 0.03%
Vanguard Total International Bond ETF
BNDX·Expense Ratio 0.07%
Vanguard Intermediate-Term Corporate Bond ETF
VCIT·Expense Ratio 0.03%
Vanguard Short-Term Bond ETF
BSV·Expense Ratio 0.03%
Vanguard Tax-Exempt Bond ETF
VTEB·Expense Ratio 0.03%
Vanguard Short-Term Corporate Bond ETF
VCSH·Expense Ratio 0.03%
Compare VTIP vs BND Compare VTIP vs BNDX Compare VTIP vs VCIT
Feedback
ETFs
Basket
Compare