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ICPIvsSEPZETF Comparison

ETF 1
ICPI

iShares 0-1 Year TIPS Bond ETF

This fund is part of
Money Market Bonds
+0.01%
VS
ETF 2
SEPZ

TrueShares Structured Outcome (September) ETF - USD

This fund is part of
Options Strategies
+0.3%

iShares 0-1 Year TIPS Bond ETF (ICPI) belongs to the Money Market Bonds segment. TrueShares Structured Outcome (September) ETF - USD (SEPZ) is part of the Options Strategies segment. Both ETFs have the same top 2 sector exposures: Sovereign and Non-Corporate. ICPI is less expensive with a Total Expense Ratio (TER) of 0.09%, versus 0.8% for SEPZ. ICPI is up 3.2% year-to-date (YTD) with +$21M in YTD flows. SEPZ performs better with 9.47% YTD performance, and +$9M in YTD flows. Run a side-by-side ETF comparison of ICPI and SEPZ below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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ICPI vs SEPZ performance and flow charts

Performance

0.00.51.01.52.02.5%Aug 3Aug 10Aug 17Aug 24Aug 31

Cumulative Flows

0 M20 M40 M60 M80 M100 M120 MAug 3Aug 10Aug 17Aug 24Aug 31

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Historic performance and flows
Data as of 09/02/2026
1M3MYTD1Y3Y5Y
Perf.
ICPI
SEPZ
+0.45%+0.71%
+0.65%+0.25%
+3.20%+9.47%
n/a+15.08%
n/a+53.68%
n/a+62.72%
Flows
ICPI
SEPZ
+$9M-$538K
+$12M-$1M
+$21M+$9M
-+$7M
-+$83M
-+$87M
Volatility and drawdown
3M1Y3Y5Y
Volatility
ICPI
SEPZ
+0.93%+12.26%
n/a+10.47%
n/a+11.55%
n/a+12.39%
Max drawdown
ICPI
SEPZ
-0.29%-3.98%
n/a-7.12%
n/a-14.35%
n/a-15.18%
Max drawdown duration
ICPI
SEPZ
34d62d
n/a92d
n/a127d
n/a532d
Trading data

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ICPI
SEPZ
Last sale
9/3/2026 at 2:06 PM
$50.18
$46.54
Previous close
09/02/2026
$50.18
$46.25
Consolidated volume
09/02/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
Replication quality
Data as of September 3, 2026
1-year trailing difference

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SEPZ
is actively managed and doesn’t replicate an index

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ICPI
SEPZ
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
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Main metrics
Last update 9/3/2026 at 2:06 PM
Live
Closed
ICPI
SEPZ
Last price
$50.18
$46.54
1D performance
-0.00%
+0.63%
AuM$22.57 M$129.64 M
E/R0.09%0.8%
Characteristics
ICPI
SEPZ
Management strategyPassiveActive
ProvideriSharesTrueShares
BenchmarkICE U.S. Treasury 0-1 Year Inflation Linked Bond Index-
N° of holdings52
Asset class--
Trailing 12m distribution yield
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Inception dateNovember 19, 2025August 31, 2020
ESGNoNo
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Exposure

Countries

ICPI
USA
100%
SEPZ
USA
88.05%
Other
11.95%

Sectors

ICPI
Sovereign
99.79%
Other
0.21%
SEPZ
Sovereign
87.97%
Other
12.03%
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Diversification

ICPI

Total weight of top 5 holdings out of 5

100%
SEPZ

Total weight of top 2 holdings out of 2

88.05%

Top 15 holdings

Data as of July 31, 2026
ICPI
USA, TIPS 0.125% 15apr2027, USD (X-2027)
31.32%
USA, TIPS 0.125% 15oct2026, USD (AE-2026)
31.02%
USA, TIPS 0.375% 15jan2027, USD (A-2027)
24.82%
USA, TIPS 2.375% 15jan2027, USD
12.63%
BlackRock Liquidity T-Fund
0.21%
SEPZ
USA, Bills 0% 6aug2026, USD (364D)
87.97%
State Street Institutional US Government Money Market Fund
0.08%
Frequently asked questions about ICPI and SEPZ

How have the ICPI and SEPZ ETFs performed in 2026?

As of September 2, 2026, ICPI is up 3.2% year-to-date (YTD), while SEPZ has returned 9.47%. That puts SEPZ better performer ahead so far this year.

Which ETF is attracting more investor money: ICPI or SEPZ?

Year-to-date, the ICPI ETF saw +$21M in flows, compared to +$9M for SEPZ.

Which ETF is bigger: ICPI or SEPZ?

As of September 2, 2026, ICPI holds $22.57 M in assets under management (AUM), while SEPZ manages $129.64 M.

What sectors do the ICPI and SEPZ ETFs invest in?

ICPI leans toward sectors like Sovereign. Meanwhile, SEPZ focuses on Sovereign.

What are the top holdings of the ICPI ETF and SEPZ ETF?

ICPI top holdings include USA, TIPS 0.125% 15apr2027, USD (X-2027), USA, TIPS 0.125% 15oct2026, USD (AE-2026) and USA, TIPS 0.375% 15jan2027, USD (A-2027). SEPZ holds in its top three: USA, Bills 0% 6aug2026, USD (364D) and State Street Institutional US Government Money Market Fund.

Which ETF is more diversified: ICPI or SEPZ?

ICPI has 5 securities and SEPZ has 2 securities.

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