VTPvsVGSHETF Comparison
ETF 1
VTP
Vanguard Total Inflation-Protected Securities ETF
This fund is part of
Inflation-linked Bonds
-0.35%
VS
Vanguard Total Inflation-Protected Securities ETF (VTP) 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. VTP is more expensive with a Total Expense Ratio (TER) of 0.05%, versus 0.03% for VGSH. VTP is down -0.34% year-to-date (YTD) with +$178M in YTD flows. VGSH performs better with 0.64% YTD performance, and +$9.46B in YTD flows. Run a side-by-side ETF comparison of VTP 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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VTP vs VGSH performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 09/11/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | VTP VGSH | -0.87%-0.35% | -1.75%+0.03% | -0.34%+0.64% | -0.82%+1.78% | n/a+12.91% | n/a+9.49% |
| Flows | VTP VGSH | +$39M+$4.62B | +$94M+$5.58B | +$178M+$9.46B | +$224M+$12.50B | -+$12.37B | -+$22.44B |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | VTP VGSH | +3.39%+1.36% | +3.24%+1.24% | n/a+1.56% | n/a+1.96% |
| Max drawdown | VTP VGSH | -1.97%-0.61% | -2.07%-0.85% | n/a-0.96% | n/a-5.72% |
| Max drawdown duration | VTP VGSH | 74d17d | 102d123d | n/a122d | n/a972d |
Trading data
VTP | VGSH | |
Last sale 9/14/2026 at 3:48 PM | $74.63 | $57.71 |
| Previous close 09/11/2026 | $74.43 | $57.69 |
| Consolidated volume 09/11/2026 | ||
| 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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VTP | VGSH | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
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Main metrics
Last update 9/14/2026 at 3:48 PM
Live
Closed
VTP | VGSH | |
|---|---|---|
| Last price | $74.63 | $57.71 |
| 1D performance | +0.28% | +0.03% |
| AuM | $239.94 M | $34.68 B |
| E/R | 0.05% | 0.03% |
Characteristics
VTP | VGSH | |
|---|---|---|
| Management strategy | Passive | Passive |
| Provider | Vanguard | Vanguard |
| Benchmark | ICE US Treasury Inflation Linked Bond Index | Bloomberg US Treasury 1-3 Year Index |
| N° of holdings | 48 | 91 |
| Asset class | Fixed Income | Fixed Income |
| Trailing 12m distribution yield | Join | Join |
| Inception date | June 18, 2025 | November 19, 2009 |
| ESG | No | No |
Exposure
Countries
VTP
USA
99.69%
Other
0.31%
VGSH
USA
99.39%
Other
0.61%
Sectors
VTP
Sovereign
99.69%
Other
0.31%
VGSH
Sovereign
99.39%
Other
0.61%
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Diversification
VTP
Total weight of top 15 holdings out of 15
52.37%
VGSH
Total weight of top 15 holdings out of 15
20.24%
Top 15 holdings
Data as of July 31, 2026
VTP
USA, TIPS 1.875% 15jul2035, USD (D-2035)
4.05%
USA, TIPS 2.125% 15jan2035, USD (A-2035)
4.00%
USA, TIPS 1.875% 15jan2036, USD (A-2036)
3.98%
USA, TIPS 1.875% 15jul2034, USD (D-2034)
3.77%
USA, TIPS 1.75% 15jan2034, USD (A-2034)
3.60%
USA, TIPS 1.125% 15oct2030, USD (AE-2030)
3.42%
USA, TIPS 1.25% 15apr2031, USD (X-2031)
3.39%
USA, TIPS 1.125% 15jan2033, USD (A-2033)
3.37%
USA, TIPS 1.625% 15apr2030, USD (X-2030)
3.36%
USA, TIPS 1.375% 15jul2033, USD (D-2033)
3.34%
USA, TIPS 0.625% 15jul2032, USD (D-2032)
3.33%
USA, TIPS 1.625% 15oct2029, USD (AE-2029)
3.29%
USA, TIPS 2.125% 15apr2029, USD (X-2029)
3.17%
USA, TIPS 2.375% 15oct2028, USD (AE-2028)
3.17%
USA, TIPS 0.125% 15jan2032, USD (A-2032)
3.14%
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 VTP and VGSH
How have the VTP and VGSH ETFs performed in 2026?
As of September 11, 2026, VTP is down -0.34% year-to-date (YTD), while VGSH has returned 0.64%. That puts VGSH better performer ahead so far this year.
Which ETF is attracting more investor money: VTP or VGSH?
Year-to-date, the VTP ETF saw +$178M in flows, compared to +$9.46B for VGSH.
Which ETF is more volatile: VTP or VGSH?
Over the past year, VTP had a volatility of 3.24%, while VGSH experienced 1.24%.
Which ETF is bigger: VTP or VGSH?
As of September 11, 2026, VTP holds $239.94 M in assets under management (AUM), while VGSH manages $34.68 B.
What sectors do the VTP and VGSH ETFs invest in?
VTP leans toward sectors like Sovereign. Meanwhile, VGSH focuses on Sovereign.
What are the top holdings of the VTP ETF and VGSH ETF?
VTP top holdings include USA, TIPS 1.875% 15jul2035, USD (D-2035), USA, TIPS 2.125% 15jan2035, USD (A-2035) and USA, TIPS 1.875% 15jan2036, USD (A-2036). 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).
Which ETF is more diversified: VTP or VGSH?
VTP holds 48 securities with 52.37% of its assets in the top 15. VGSH has 91 securities and a top 15 weight of 20.24%.
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