TIPCvsGOVTETF Comparison

ETF 1

TIPC

Northern Trust 2045 Inflation-Linked Distributing Ladder ETF

This fund is part of

Inflation-linked Bonds

-0.04%

Full TIPC fund page

ETF 2

GOVT

iShares U.S. Treasury Bond ETF

This fund is part of

US Government Bonds

-0.18%

Full GOVT fund page

Northern Trust 2045 Inflation-Linked Distributing Ladder ETF (TIPC) belongs to the Inflation-linked Bonds segment. iShares U.S. Treasury Bond ETF (GOVT) is part of the US Government Bonds segment. TIPC's top 1 sector exposures are Sovereign. In contrast, GOVT's top sector exposures are Sovereign and Non-Corporate. TIPC is more expensive with a Total Expense Ratio (TER) of 0.1%, versus 0.05% for GOVT. TIPC is down -1.18% year-to-date (YTD) with +$3M in YTD flows. GOVT performs better with -0.86% YTD performance, and +$10.72B in YTD flows. Run a side-by-side ETF comparison of TIPC and GOVT below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

Find out how industry players manage ETF portfolios. Discover our library of Model portfolios

TIPC vs GOVT performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

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

Data Services

Historic performance and flows

Data as of 10/23/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	TIPC GOVT	+1.21%+1.09%	-0.77%-0.16%	-1.18%-0.86%	-2.48%-1.16%	n/a+12.95%	n/a-3.02%
Flows	TIPC GOVT	-+$935M	+$3M-$425M	+$3M+$10.72B	+$4M+$12.36B	-+$19.81B	-+$31.27B

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	TIPC GOVT	+5.28%+4.15%	+4.61%+3.65%	n/a+4.66%	n/a+5.69%
Max drawdown	TIPC GOVT	-4.50%-2.85%	-5.78%-4.44%	n/a-4.87%	n/a-16.15%
Max drawdown duration	TIPC GOVT	59d59d	236d236d	n/a318d	n/a1783d

Trading data

Create an account to view trading data

Join for free

	TIPC	GOVT
Last sale 10/26/2026 at 1:30 PM	$95.20	$22.22
Previous close 10/23/2026	$95.06	$22.20
Consolidated volume 10/23/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of October 26, 2026

1-year trailing difference

Create an account to view replication metrics

Join for free

TIPC

is actively managed and doesn’t replicate an index

Create an account to view replication quality

Join for free

	TIPC	GOVT
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 10/26/2026 at 1:30 PM

Live

Closed

	TIPC	GOVT
Last price	$95.20	$22.22
1D performance	+0.15%	+0.07%
AuM	$5.70 M	$42.71 B
E/R	0.1%	0.05%

Characteristics

	TIPC	GOVT
Management strategy	Active	Passive
Provider	FlexShares	iShares
Benchmark	-	ICE US Treasury Core Bond Index
N° of holdings	17	218
Asset class	-	Bonds
Trailing 12m distribution yield	Join	Join
Inception date	August 19, 2025	February 14, 2012
ESG	No	No

More TIPC data on Trackinsight

More GOVT data on Trackinsight

Exposure

Countries

TIPC

USA

99.29%

Other

0.71%

GOVT

USA

99.58%

Other

0.42%

Sectors

TIPC

Sovereign

99.29%

Other

0.71%

GOVT

Sovereign

98.85%

Other

1.15%

Diversification

TIPC

Total weight of top 15 holdings out of 15

90.6%

GOVT

Total weight of top 15 holdings out of 15

26.71%

Top 15 holdings

Data as of August 31, 2026

TIPC

USA, TIPS 2.125% 15feb2040, USD

11.24%

USA, TIPS 2.125% 15feb2041, USD

10.98%

USA, TIPS 1.875% 15jul2035, USD (D-2035)

7.73%

USA, TIPS 2.375% 15jul2036, USD (D-2036)

7.69%

USA, TIPS 0.125% 15oct2026, USD (AE-2026)

5.37%

USA, TIPS 1.375% 15feb2044, USD

5.01%

USA, TIPS 0.125% 15jul2031, USD (D-2031)

5.00%

USA, TIPS 1.625% 15oct2027, USD (AE-2027)

4.94%

USA, TIPS 0.75% 15feb2042, USD

4.84%

USA, TIPS 2.375% 15oct2028, USD (AE-2028)

4.84%

USA, TIPS 0.625% 15jul2032, USD (D-2032)

4.65%

USA, TIPS 1.625% 15oct2029, USD (AE-2029)

4.62%

USA, TIPS 1.375% 15jul2033, USD (D-2033)

4.59%

USA, TIPS 1.875% 15jul2034, USD (D-2034)

4.56%

USA, TIPS 0.625% 15feb2043, USD

4.54%

GOVT

USA, Notes 1.375% 15nov2031, USD (F-2031)

5.28%

USA, Notes 2.625% 15feb2029, USD (B-2029)

2.96%

USA, Notes 3.125% 15nov2028, USD (F-2028)

2.10%

USA, Notes 2.75% 15feb2028, USD (B-2028)

1.93%

USA, Notes 2.875% 15may2028, USD (C-2028)

1.63%

USA, Bonds 2.5% 15may2046, USD

1.51%

USA, Bonds 2.75% 15nov2042, USD

1.49%

USA, Bonds 6.125% 15nov2027, USD

1.40%

USA, Bonds 3.75% 15nov2043, USD

1.39%

USA, Notes 2.25% 15nov2027, USD (F-2027)

1.37%

USA, Bonds 1.875% 15feb2051, USD

1.34%

USA, Notes 4% 31may2028, USD (BC-2028)

1.21%

USA, Notes 2.375% 15may2029, USD (C-2029)

1.08%

USA, Notes 4% 31may2030, USD (Z-2030)

1.02%

USA, Notes 3.875% 31mar2028, USD (AZ-2028)

0.99%

Frequently asked questions about TIPC and GOVT

How have the TIPC and GOVT ETFs performed in 2026?

As of October 23, 2026, TIPC is down -1.18% year-to-date (YTD), while GOVT has lost -0.86%. That puts GOVT better performer ahead so far this year.

Which ETF is attracting more investor money: TIPC or GOVT?

Year-to-date, the TIPC ETF saw +$3M in flows, compared to +$10.72B for GOVT.

Which ETF is more volatile: TIPC or GOVT?

Over the past year, TIPC had a volatility of 4.61%, while GOVT experienced 3.65%.

Which ETF is bigger: TIPC or GOVT?

As of October 23, 2026, TIPC holds $5.70 M in assets under management (AUM), while GOVT manages $42.71 B.

What sectors do the TIPC and GOVT ETFs invest in?

TIPC leans toward sectors like Sovereign. Meanwhile, GOVT focuses on Sovereign.

What are the top holdings of the TIPC ETF and GOVT ETF?

TIPC top holdings include USA, TIPS 2.125% 15feb2040, USD, USA, TIPS 2.125% 15feb2041, USD and USA, TIPS 1.875% 15jul2035, USD (D-2035). GOVT holds in its top three: USA, Notes 1.375% 15nov2031, USD (F-2031), USA, Notes 2.625% 15feb2029, USD (B-2029) and USA, Notes 3.125% 15nov2028, USD (F-2028).

TIPCvsGOVTETF Comparison

Northern Trust 2045 Inflation-Linked Distributing Ladder ETF

iShares U.S. Treasury Bond ETF

TIPC vs GOVT performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

How have the TIPC and GOVT ETFs performed in 2026?

As of October 23, 2026, TIPC is down -1.18% year-to-date (YTD), while GOVT has lost -0.86%. That puts GOVT better performer ahead so far this year.

Which ETF is attracting more investor money: TIPC or GOVT?

Year-to-date, the TIPC ETF saw +$3M in flows, compared to +$10.72B for GOVT.

Which ETF is more volatile: TIPC or GOVT?

Over the past year, TIPC had a volatility of 4.61%, while GOVT experienced 3.65%.

Which ETF is bigger: TIPC or GOVT?

As of October 23, 2026, TIPC holds $5.70 M in assets under management (AUM), while GOVT manages $42.71 B.

What sectors do the TIPC and GOVT ETFs invest in?

TIPC leans toward sectors like Sovereign. Meanwhile, GOVT focuses on Sovereign.

What are the top holdings of the TIPC ETF and GOVT ETF?

TIPC top holdings include USA, TIPS 2.125% 15feb2040, USD, USA, TIPS 2.125% 15feb2041, USD and USA, TIPS 1.875% 15jul2035, USD (D-2035). GOVT holds in its top three: USA, Notes 1.375% 15nov2031, USD (F-2031), USA, Notes 2.625% 15feb2029, USD (B-2029) and USA, Notes 3.125% 15nov2028, USD (F-2028).

Which ETF is more diversified: TIPC or GOVT?

TIPC holds 17 securities with 90.6% of its assets in the top 15. GOVT has 219 securities and a top 15 weight of 26.71%.

The Weekly ETF Market Monitor (August 24-28, 2026)

How Investors can Maximize Tax Efficiency with Income ETFs

ETF Model Portfolios: The Cockroach Portfolio

Ask the Manager: Dave Abner on the Rise of Distributing Ladder ETFs

Investors Hate TreasuryDirect: These Treasury ETFs Offer a Solution

Investors Hate TreasuryDirect: These Treasury ETFs Offer a Solution

3 Famous Investment Portfolios (And How to Make Them with ETFs)

2 Potential Ways Investors Can Use the New Spot Bitcoin ETFs

ETFs’ Next Act: From Access to Selection