VTIP is a Bond ETF from Vanguard holding 25 positions as of Mar 31, 2026, with $19.9B in assets and a 0.03% net expense ratio. Its largest positions are U.S. Treasury Inflation Linked Notes (5.5%), U.S. Treasury Inflation Linked Notes (5.5%) and U.S. Treasury Inflation Linked Notes (5.3%); the top 10 holdings account for 50.3% of the portfolio. It yields 4.15% on a trailing-12-month basis.
- Issuer
- Vanguard
- Holdings
- 25
- Net Assets
- $19.9BETF assets as of 2026-08-10
- Expense Ratio
- 0.03%per latest SEC prospectus filing
- TTM Yield
- 4.15%trailing 12-month distributions
Performance
- 1M
- +0.1%
- YTD
- +1.9%
- 1Y
- +3.0%
- 3Y (ann.)
- +5.0%
- 5Y (ann.)
- +3.1%
- 10Y (ann.)
- +3.1%
A $10,000 investment 10 years ago would be worth $13,557 today at the 10Y annualized rate. This is a backward-looking illustration, not a forecast. Project its future growth →
Total returns including dividends as of 2026-08-07. 3Y/5Y/10Y annualized. Past performance does not predict future results.
Top 25 Holdings
| # | Holding | Weight |
|---|---|---|
| 1 | U.S. Treasury Inflation Linked Notes | 5.49% |
| 2 | U.S. Treasury Inflation Linked Notes | 5.46% |
| 3 | U.S. Treasury Inflation Linked Notes | 5.29% |
| 4 | U.S. Treasury Inflation Linked Notes | 5.11% |
| 5 | U.S. Treasury Inflation Linked Notes | 5.09% |
| 6 | U.S. Treasury Inflation Linked Notes | 4.91% |
| 7 | U.S. Treasury Inflation Linked Notes | 4.80% |
| 8 | U.S. Treasury Inflation Linked Notes | 4.79% |
| 9 | U.S. Treasury Inflation Linked Notes | 4.75% |
| 10 | U.S. Treasury Inflation Linked Notes | 4.66% |
| 11 | U.S. Treasury Inflation Linked Notes | 4.54% |
| 12 | U.S. Treasury Inflation Linked Notes | 4.33% |
| 13 | U.S. Treasury Inflation Linked Notes | 4.26% |
| 14 | U.S. Treasury Inflation Linked Notes | 4.23% |
| 15 | U.S. Treasury Inflation Linked Notes | 4.17% |
| 16 | U.S. Treasury Inflation Linked Notes | 3.81% |
| 17 | U.S. Treasury Inflation Linked Notes | 3.77% |
| 18 | U.S. Treasury Inflation Linked Notes | 3.76% |
| 19 | U.S. Treasury Inflation Linked Notes | 3.37% |
| 20 | U.S. Treasury Inflation Linked Notes | 3.25% |
| 21 | U.S. Treasury Inflation Linked Bonds | 2.28% |
| 22 | U.S. Treasury Inflation Linked Bonds | 1.95% |
| 23 | U.S. Treasury Inflation Linked Bonds | 1.94% |
| 24 | U.S. Treasury Inflation Linked Bonds | 1.82% |
| 25 | U.S. Treasury Inflation Linked Bonds | 1.74% |
VTIP alternatives
The closest Bond ETFs to VTIP by portfolio overlap — the share of weight both funds hold in the same securities.
| Fund | Overlap | Expense | Assets | |
|---|---|---|---|---|
 STIPiShares 0-5 Year TIPS Bond ETF | 96% | 0.03% | $15.8B | Compare → |
 TDTTFlexShares iBoxx 3-Year Target Duration TIPS Index Fund | 65% | 0.18%pricier | $2.5B | Compare → |
 SCHPSchwab U.S. TIPS ETF | 51% | 0.03% | $16.3B | Compare → |
 TIPiShares TIPS Bond ETF | 51% | 0.18%pricier | $14.7B | Compare → |
 UITBVictoryShares Core Intermediate Bond ETF | 0% | 0.38%pricier | $2.6B | Compare → |
Frequently Asked Questions
What is VTIP's expense ratio?
VTIP has a net expense ratio of 0.03%, per its latest SEC prospectus filing. That works out to about $3 a year on a $10,000 investment.
How many holdings does VTIP have?
VTIP held 25 positions as of Mar 31, 2026, per its latest official holdings data.
What are VTIP's top 10 holdings?
VTIP's largest positions are U.S. Treasury Inflation Linked Notes (5.5%), U.S. Treasury Inflation Linked Notes (5.5%), U.S. Treasury Inflation Linked Notes (5.3%), U.S. Treasury Inflation Linked Notes (5.1%), U.S. Treasury Inflation Linked Notes (5.1%), U.S. Treasury Inflation Linked Notes (4.9%), U.S. Treasury Inflation Linked Notes (4.8%), U.S. Treasury Inflation Linked Notes (4.8%), U.S. Treasury Inflation Linked Notes (4.8%), U.S. Treasury Inflation Linked Notes (4.7%). Together they account for 50.3% of the portfolio.
What is VTIP's dividend yield?
VTIP yields 4.15% based on its trailing 12-month distributions, as of Aug 7, 2026.
How big is VTIP?
VTIP has $19.9B in assets as of Aug 10, 2026.
What are good alternatives to VTIP?
By portfolio overlap, the closest Bond ETFs to VTIP are STIP (96% overlap), TDTT (65% overlap), SCHP (51% overlap). Overlap measures the share of portfolio weight both funds hold in the same securities.