VTIPvsTLTETF Comparison

ETF 1

VTIP

Vanguard Short-Term Inflation-Protected Securities ETF

This fund is part of

Inflation-linked Bonds

+0.22%

Full VTIP fund page

ETF 2

TLT

iShares 20+ Year Treasury Bond ETF

This fund is part of

US Government Bonds

+0.07%

Full TLT fund page

Vanguard Short-Term Inflation-Protected Securities ETF (VTIP) belongs to the Inflation-linked Bonds segment. iShares 20+ Year Treasury Bond ETF (TLT) is part of the US Government Bonds segment. VTIP's top 1 sector exposures are Sovereign. In contrast, TLT's top sector exposures are Sovereign and Non-Corporate. VTIP is less expensive with a Total Expense Ratio (TER) of 0.03%, versus 0.15% for TLT. VTIP is up 1.74% year-to-date (YTD) with +$3.94B in YTD flows. TLT performs worse with -5.08% YTD performance, and +$3.12B in YTD flows. Run a side-by-side ETF comparison of VTIP and TLT 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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VTIP vs TLT performance and flow charts

Performance

Cumulative Flows

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Data Services

Historic performance and flows

Data as of 10/16/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	VTIP TLT	+0.52%-0.69%	-0.04%-3.86%	+1.74%-5.08%	+1.77%-8.34%	+15.50%+5.47%	+15.95%-34.32%
Flows	VTIP TLT	+$423M+$228M	+$1.97B+$6.29B	+$3.94B+$3.12B	+$5.17B+$2.28B	+$7.13B+$12.12B	+$5.23B+$49.51B

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	VTIP TLT	+1.74%+10.41%	+1.61%+9.32%	+1.86%+12.82%	+2.69%+15.43%
Max drawdown	VTIP TLT	-1.32%-7.66%	-1.32%-12.42%	-1.32%-16.55%	-5.32%-43.68%
Max drawdown duration	VTIP TLT	52d89d	52d229d	52d760d	638d1776d

Trading data

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	VTIP	TLT
Last sale 10/19/2026 at 1:30 PM	$48.64	$79.46
Previous close 10/16/2026	$48.68	$80.05
Consolidated volume 10/16/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of September 30, 2026

1-year trailing difference

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	VTIP	TLT
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 10/19/2026 at 1:30 PM

Live

Closed

	VTIP	TLT
Last price	$48.64	$79.46
1D performance	-0.08%	-0.74%
AuM	$20.91 B	$47.01 B
E/R	0.03%	0.15%

Characteristics

	VTIP	TLT
Management strategy	Passive	Passive
Provider	Vanguard	iShares
Benchmark	Bloomberg U.S. Treasury Inflation-Protected Securities (TIPS) 0-5 Years Index	ICE U.S. Treasury 20+ Year Bond Index
N° of holdings	25	48
Asset class	Bonds	Fixed Income
Trailing 12m distribution yield	Join	Join
Inception date	October 12, 2012	July 22, 2002
ESG	No	No

More VTIP data on Trackinsight

More TLT data on Trackinsight

Exposure

Countries

VTIP

USA

99.93%

Other

0.07%

TLT

USA

99.66%

Other

0.34%

Sectors

VTIP

Sovereign

99.93%

Other

0.07%

TLT

Sovereign

98.58%

Other

1.42%

Diversification

VTIP

Total weight of top 15 holdings out of 15

72.01%

TLT

Total weight of top 15 holdings out of 15

58.22%

Top 15 holdings

Data as of August 31, 2026

VTIP

USA, TIPS 1.125% 15oct2030, USD (AE-2030)

5.35%

USA, TIPS 1.25% 15apr2031, USD (X-2031)

5.30%

USA, TIPS 1.625% 15apr2030, USD (X-2030)

5.26%

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

5.17%

USA, TIPS 2.125% 15apr2029, USD (X-2029)

4.98%

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

4.96%

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

4.83%

USA, TIPS 0.125% 15apr2027, USD (X-2027)

4.77%

USA, TIPS 1.25% 15apr2028, USD (X-2028)

4.70%

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

4.68%

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

4.57%

USA, TIPS 0.125% 15jan2031, USD (A-2031)

4.56%

USA, TIPS 0.125% 15jul2030, USD (D-2030)

4.40%

USA, TIPS 0.5% 15jan2028, USD (A-2028)

4.27%

USA, TIPS 0.375% 15jul2027, USD (D-2027)

4.21%

TLT

USA, Bonds 4.75% 15may2055, USD

4.51%

USA, Bonds 4.625% 15may2054, USD

4.28%

USA, Bonds 4.125% 15aug2053, USD

4.19%

USA, Bonds 4.75% 15feb2056, USD

4.14%

USA, Bonds 4.25% 15feb2054, USD

4.04%

USA, Bonds 5% 15may2056, USD

4.03%

USA, Bonds 4.75% 15nov2053, USD

3.98%

USA, Bonds 4.25% 15aug2054, USD

3.95%

USA, Bonds 4.625% 15nov2055, USD

3.85%

USA, Bonds 4.625% 15feb2055, USD

3.81%

USA, Bonds 4.5% 15nov2054, USD

3.80%

USA, Bonds 1.875% 15nov2051, USD

3.80%

USA, Bonds 2% 15aug2051, USD

3.35%

USA, Bonds 4.75% 15aug2055, USD

3.31%

USA, Bonds 3.625% 15may2053, USD

3.16%

Frequently asked questions about VTIP and TLT

How have the VTIP and TLT ETFs performed in 2026?

As of October 16, 2026, VTIP is up 1.74% year-to-date (YTD), while TLT has lost -5.08%. That puts VTIP better performer ahead so far this year.

Which ETF is attracting more investor money: VTIP or TLT?

Year-to-date, the VTIP ETF saw +$3.94B in flows, compared to +$3.12B for TLT.

Which ETF is more volatile: VTIP or TLT?

Over the past year, VTIP had a volatility of 1.61%, while TLT experienced 9.32%.

Which ETF is bigger: VTIP or TLT?

As of October 16, 2026, VTIP holds $20.91 B in assets under management (AUM), while TLT manages $47.01 B.

What sectors do the VTIP and TLT ETFs invest in?

VTIP leans toward sectors like Sovereign. Meanwhile, TLT focuses on Sovereign.

What are the top holdings of the VTIP ETF and TLT ETF?

VTIP top holdings include 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). TLT holds in its top three: USA, Bonds 4.75% 15may2055, USD, USA, Bonds 4.625% 15may2054, USD and USA, Bonds 4.125% 15aug2053, USD.

VTIPvsTLTETF Comparison

Vanguard Short-Term Inflation-Protected Securities ETF

iShares 20+ Year Treasury Bond ETF

VTIP vs TLT 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 VTIP and TLT ETFs performed in 2026?

As of October 16, 2026, VTIP is up 1.74% year-to-date (YTD), while TLT has lost -5.08%. That puts VTIP better performer ahead so far this year.

Which ETF is attracting more investor money: VTIP or TLT?

Year-to-date, the VTIP ETF saw +$3.94B in flows, compared to +$3.12B for TLT.

Which ETF is more volatile: VTIP or TLT?

Over the past year, VTIP had a volatility of 1.61%, while TLT experienced 9.32%.

Which ETF is bigger: VTIP or TLT?

As of October 16, 2026, VTIP holds $20.91 B in assets under management (AUM), while TLT manages $47.01 B.

What sectors do the VTIP and TLT ETFs invest in?

VTIP leans toward sectors like Sovereign. Meanwhile, TLT focuses on Sovereign.

What are the top holdings of the VTIP ETF and TLT ETF?

VTIP top holdings include 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). TLT holds in its top three: USA, Bonds 4.75% 15may2055, USD, USA, Bonds 4.625% 15may2054, USD and USA, Bonds 4.125% 15aug2053, USD.

Which ETF is more diversified: VTIP or TLT?

VTIP holds 25 securities with 72.01% of its assets in the top 15. TLT has 48 securities and a top 15 weight of 58.22%.

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