TLTvsVTIPETF Comparison
VS
ETF 2
VTIP
Vanguard Short-Term Inflation-Protected Securities ETF
This fund is part of
Inflation-linked Bonds
+0.19%
iShares 20+ Year Treasury Bond ETF (TLT) belongs to the US Government Bonds segment. Vanguard Short-Term Inflation-Protected Securities ETF (VTIP) is part of the Inflation-linked Bonds segment. TLT's top 2 sector exposures are Sovereign and Non-Corporate. In contrast, VTIP's top sector exposures are Sovereign. TLT is more expensive with a Total Expense Ratio (TER) of 0.15%, versus 0.03% for VTIP. TLT is down -3.34% year-to-date (YTD) with +$2.16B in YTD flows. VTIP performs better with 1.17% YTD performance, and +$3.52B in YTD flows. Run a side-by-side ETF comparison of TLT and VTIP 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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TLT vs VTIP performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 09/21/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | TLT VTIP | +0.13%-0.92% | -3.88%-0.14% | -3.34%+1.17% | -3.53%+1.54% | +2.42%+15.23% | -35.34%+15.53% |
| Flows | TLT VTIP | +$761M+$595M | +$8.00B+$1.99B | +$2.16B+$3.52B | +$2.75B+$5.15B | +$13.42B+$6.51B | +$46.61B+$5.55B |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | TLT VTIP | +9.75%+1.55% | +9.14%+1.54% | +13.23%+1.89% | +15.46%+2.69% |
| Max drawdown | TLT VTIP | -6.62%-1.04% | -8.69%-1.04% | -14.78%-1.04% | -43.68%-5.32% |
| Max drawdown duration | TLT VTIP | 84d27d | 204d27d | 735d27d | 1751d638d |
Trading data
TLT | VTIP | |
Last sale 9/21/2026 at 1:30 PM | $81.80 | $49.35 |
| Previous close 09/21/2026 | $81.25 | $49.31 |
| Consolidated volume 09/21/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of August 31, 2026
1-year trailing difference
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TLT | VTIP | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
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Main metrics
Last update 9/21/2026 at 1:30 PM
Live
Closed
TLT | VTIP | |
|---|---|---|
| Last price | $81.80 | $49.35 |
| 1D performance | +0.68% | +0.08% |
| AuM | $46.93 B | $20.76 B |
| E/R | 0.15% | 0.03% |
Characteristics
TLT | VTIP | |
|---|---|---|
| Management strategy | Passive | Passive |
| Provider | iShares | Vanguard |
| Benchmark | ICE U.S. Treasury 20+ Year Bond Index | Bloomberg U.S. Treasury Inflation-Protected Securities (TIPS) 0-5 Years Index |
| N° of holdings | 47 | 25 |
| Asset class | Fixed Income | Bonds |
| Trailing 12m distribution yield | Join | Join |
| Inception date | July 22, 2002 | October 12, 2012 |
| ESG | No | No |
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Exposure
Countries
TLT
USA
100%
Other
0%
VTIP
USA
98.75%
Other
1.25%
Sectors
TLT
Sovereign
100%
Other
0%
VTIP
Sovereign
98.75%
Other
1.25%
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Diversification
TLT
Total weight of top 15 holdings out of 15
59.52%
VTIP
Total weight of top 15 holdings out of 15
71.17%
Top 15 holdings
Data as of July 31, 2026
TLT
USA, Bonds 4.125% 15aug2053, USD
4.68%
USA, Bonds 4.75% 15nov2053, USD
4.55%
USA, Bonds 4.75% 15may2055, USD
4.51%
USA, Bonds 4.625% 15may2054, USD
4.45%
USA, Bonds 4.25% 15feb2054, USD
4.13%
USA, Bonds 4.75% 15feb2056, USD
4.04%
USA, Bonds 4.25% 15aug2054, USD
4.03%
USA, Bonds 3.625% 15may2053, USD
3.90%
USA, Bonds 4.625% 15feb2055, USD
3.89%
USA, Bonds 2% 15aug2051, USD
3.80%
USA, Bonds 4.5% 15nov2054, USD
3.79%
USA, Bonds 1.875% 15nov2051, USD
3.79%
USA, Bonds 4% 15nov2052, USD
3.66%
USA, Bonds 4.625% 15nov2055, USD
3.25%
USA, Bonds 3.625% 15feb2053, USD
3.04%
VTIP
USA, TIPS 1.125% 15oct2030, USD (AE-2030)
5.31%
USA, TIPS 1.25% 15apr2031, USD (X-2031)
5.26%
USA, TIPS 1.625% 15apr2030, USD (X-2030)
5.21%
USA, TIPS 1.625% 15oct2029, USD (AE-2029)
5.11%
USA, TIPS 2.125% 15apr2029, USD (X-2029)
4.92%
USA, TIPS 2.375% 15oct2028, USD (AE-2028)
4.92%
USA, TIPS 1.625% 15oct2027, USD (AE-2027)
4.77%
USA, TIPS 0.125% 15apr2027, USD (X-2027)
4.69%
USA, TIPS 1.25% 15apr2028, USD (X-2028)
4.65%
USA, TIPS 0.125% 15oct2026, USD (AE-2026)
4.62%
USA, TIPS 0.125% 15jan2031, USD (A-2031)
4.52%
USA, TIPS 0.125% 15jul2031, USD (D-2031)
4.48%
USA, TIPS 0.125% 15jul2030, USD (D-2030)
4.35%
USA, TIPS 0.5% 15jan2028, USD (A-2028)
4.21%
USA, TIPS 0.375% 15jul2027, USD (D-2027)
4.15%
Frequently asked questions about TLT and VTIP
How have the TLT and VTIP ETFs performed in 2026?
As of September 21, 2026, TLT is down -3.34% year-to-date (YTD), while VTIP has returned 1.17%. That puts VTIP better performer ahead so far this year.
Which ETF is attracting more investor money: TLT or VTIP?
Year-to-date, the TLT ETF saw +$2.16B in flows, compared to +$3.52B for VTIP.
Which ETF is more volatile: TLT or VTIP?
Over the past year, TLT had a volatility of 9.14%, while VTIP experienced 1.54%.
Which ETF is bigger: TLT or VTIP?
As of September 21, 2026, TLT holds $46.93 B in assets under management (AUM), while VTIP manages $20.76 B.
What sectors do the TLT and VTIP ETFs invest in?
TLT leans toward sectors like Sovereign. Meanwhile, VTIP focuses on Sovereign.
What are the top holdings of the TLT ETF and VTIP ETF?
TLT top holdings include USA, Bonds 4.125% 15aug2053, USD, USA, Bonds 4.75% 15nov2053, USD and USA, Bonds 4.75% 15may2055, USD. VTIP holds in its top three: USA, TIPS 1.125% 15oct2030, USD (AE-2030), USA, TIPS 1.25% 15apr2031, USD (X-2031) and USA, TIPS 1.625% 15apr2030, USD (X-2030).
Which ETF is more diversified: TLT or VTIP?
TLT holds 47 securities with 59.52% of its assets in the top 15. VTIP has 25 securities and a top 15 weight of 71.17%.
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