VTIPvsVGSHETF Comparison

ETF 1

VTIP

Vanguard Short-Term Inflation-Protected Securities ETF

This fund is part of

Inflation-linked Bonds

+0.08%

Full VTIP fund page

ETF 2

VGSH

Vanguard Short-Term Treasury ETF

This fund is part of

US Government Bonds

+0.09%

Full VGSH fund page

Vanguard Short-Term Inflation-Protected Securities ETF (VTIP) belongs to the Inflation-linked Bonds segment. Vanguard Short-Term Treasury ETF (VGSH) is part of the US Government Bonds segment. Both ETFs have the same top 1 sector exposures: Sovereign. Both VTIP and VGSH have the same Total Expense Ratio (TER) of 0.03%. VTIP is up 1.97% year-to-date (YTD) with +$3.24B in YTD flows. VGSH performs worse with 1.07% YTD performance, and +$9.46B in YTD flows. Run a side-by-side ETF comparison of VTIP and VGSH 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 VGSH performance and flow charts

Performance

Cumulative Flows

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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 09/03/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	VTIP VGSH	+0.20%+0.22%	-0.05%+0.58%	+1.97%+1.07%	+2.36%+2.48%	+16.01%+13.42%	+16.38%+9.97%
Flows	VTIP VGSH	+$844M+$4.74B	+$1.97B+$5.58B	+$3.24B+$9.46B	+$5.04B+$12.52B	+$6.03B+$12.43B	+$5.70B+$22.44B

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	VTIP VGSH	+1.59%+1.34%	+1.46%+1.22%	+1.88%+1.55%	+2.68%+1.95%
Max drawdown	VTIP VGSH	-0.69%-0.30%	-0.73%-0.85%	-0.94%-0.96%	-5.32%-5.72%
Max drawdown duration	VTIP VGSH	76d9d	97d123d	56d122d	638d972d

Trading data

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	VTIP	VGSH
Last sale 9/4/2026 at 1:30 PM	$49.73	$57.92
Previous close 09/03/2026	$49.73	$57.92
Consolidated volume 09/03/2026
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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	VTIP	VGSH
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 9/4/2026 at 1:30 PM

Live

Closed

	VTIP	VGSH
Last price	$49.73	$57.92
1D performance	+0.00%	+0.00%
AuM	$20.65 B	$34.83 B
E/R	0.03%	0.03%

Characteristics

	VTIP	VGSH
Management strategy	Passive	Passive
Provider	Vanguard	Vanguard
Benchmark	Bloomberg U.S. Treasury Inflation-Protected Securities (TIPS) 0-5 Years Index	Bloomberg US Treasury 1-3 Year Index
N° of holdings	25	91
Asset class	Bonds	Fixed Income
Trailing 12m distribution yield	Join	Join
Inception date	October 12, 2012	November 19, 2009
ESG	No	No

More VTIP data on Trackinsight

More VGSH data on Trackinsight

Exposure

Countries

VTIP

USA

98.75%

Other

1.25%

VGSH

USA

99.39%

Other

0.61%

Sectors

VTIP

Sovereign

98.75%

Other

1.25%

VGSH

Sovereign

99.39%

Other

0.61%

Diversification

VTIP

Total weight of top 15 holdings out of 15

71.17%

VGSH

Total weight of top 15 holdings out of 15

20.24%

Top 15 holdings

Data as of July 31, 2026

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%

VGSH

USA, Notes 3.5% 31jan2028, USD (U-2028)

2.24%

USA, Notes 4.625% 30apr2029, USD (Y-2029)

1.40%

USA, Notes 4.5% 31may2029, USD (Z-2029)

1.36%

USA, Notes 4% 31jul2029, USD (AB-2029)

1.36%

USA, Notes 4.25% 30jun2029, USD (AA-2029)

1.30%

USA, Notes 4.25% 28feb2029, USD (V-2029)

1.30%

USA, Notes 4.125% 31mar2029, USD (W-2029)

1.30%

USA, Notes 2.875% 15aug2028, USD (E-2028)

1.26%

USA, Notes 3.75% 15aug2027, USD (AR-2027)

1.26%

USA, Notes 4.25% 15jan2028, USD (AJ-2028)

1.25%

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

1.25%

USA, Notes 3.875% 15jul2028, USD (AQ-2028)

1.25%

USA, Notes 3.375% 29feb2028, USD (AY-2028)

1.25%

USA, Notes 1% 31jul2028, USD (N-2028)

1.24%

USA, Notes 1.125% 29feb2028, USD (H-2028)

1.23%

Frequently asked questions about VTIP and VGSH

How have the VTIP and VGSH ETFs performed in 2026?

As of September 3, 2026, VTIP is up 1.97% year-to-date (YTD), while VGSH has returned 1.07%. That puts VTIP better performer ahead so far this year.

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

Year-to-date, the VTIP ETF saw +$3.24B in flows, compared to +$9.46B for VGSH.

Which ETF is more volatile: VTIP or VGSH?

Over the past year, VTIP had a volatility of 1.46%, while VGSH experienced 1.22%.

Which ETF is bigger: VTIP or VGSH?

As of September 3, 2026, VTIP holds $20.65 B in assets under management (AUM), while VGSH manages $34.83 B.

What sectors do the VTIP and VGSH ETFs invest in?

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

What are the top holdings of the VTIP ETF and VGSH 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). VGSH holds in its top three: USA, Notes 3.5% 31jan2028, USD (U-2028), USA, Notes 4.625% 30apr2029, USD (Y-2029) and USA, Notes 4.5% 31may2029, USD (Z-2029).

VTIPvsVGSHETF Comparison

Vanguard Short-Term Inflation-Protected Securities ETF

Vanguard Short-Term Treasury ETF

VTIP vs VGSH 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 VGSH ETFs performed in 2026?

As of September 3, 2026, VTIP is up 1.97% year-to-date (YTD), while VGSH has returned 1.07%. That puts VTIP better performer ahead so far this year.

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

Year-to-date, the VTIP ETF saw +$3.24B in flows, compared to +$9.46B for VGSH.

Which ETF is more volatile: VTIP or VGSH?

Over the past year, VTIP had a volatility of 1.46%, while VGSH experienced 1.22%.

Which ETF is bigger: VTIP or VGSH?

As of September 3, 2026, VTIP holds $20.65 B in assets under management (AUM), while VGSH manages $34.83 B.

What sectors do the VTIP and VGSH ETFs invest in?

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

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

Which ETF is more diversified: VTIP or VGSH?

VTIP holds 25 securities with 71.17% of its assets in the top 15. VGSH has 91 securities and a top 15 weight of 20.24%.

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