LTPZ — PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund

LTPZ Price Performance — Growth of $10,000

Value of a $10,000 investment in LTPZ over time, compared with SPY. Both lines are rebased to $10,000 on the first shared date. Based on total returns — prices are adjusted for dividends and splits, so this assumes distributions were reinvested. Hover or tap the chart for exact values.

LTPZ Drawdown

The "underwater" chart: LTPZ's decline from its highest prior value at each point in time. It shows how deep past losses ran and how long the fund took to recover to break-even.

Overview

The PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund, identified by the ticker LTPZ, operates within the US Bonds - TIPS category where ETFValuer tracks a total of 6 funds. Issued by PIMCO, the fund holds $708 million in assets under management and trades at a price of $48.28. It currently holds an overall rank of #410 out of 458 tracked ETFs across all categories and has received an ETFValuer grade of D with a score of 42.8 out of 100. The fund charges an expense ratio of 0.2% while offering a dividend yield of 5.23%. The combination of a mid-tier asset size and a low ranking suggests limited adoption relative to the broader universe of tracked funds. These metrics collectively define the fund's current standing as a lower-ranked option within its specific sector.

Recent performance data shows a negative trend across nearly all measured time horizons for the PIMCO 15+ Year U.S. TIPS Index ETF. Over the last day, the fund declined by 0.49%, followed by a 1.11% drop over one week and a 3.13% decrease over the past month. This downward momentum continued into the longer term, with returns of -3.40% over three months, -3.71% over six months, and -2.99% year-to-date. The one-year return stands at -1.32%, while the three-year annualized return is significantly lower at -5.56%. The data indicates a consistent pattern of losses that has persisted from the short-term daily fluctuations through the multi-year period.

This fund carries a volatility label of Low despite exhibiting a high beta of 1.95, indicating significant sensitivity to market movements relative to its benchmark. The Sharpe ratio of -0.69 reflects a negative risk-adjusted return profile over the measured period. A maximum drawdown of -15.60% highlights the potential for substantial capital erosion during market downturns. The combination of a high beta and a negative Sharpe ratio suggests the fund has experienced pronounced declines without sufficient compensation for the risk taken. While the volatility label is classified as Low, the high beta and deep drawdown imply that the fund can still suffer severe losses during adverse market conditions.

AI-generated summary based on the data on this page.

LTPZ Top Holdings

Holdings as of 2026-03-31 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 79.1% of net assets — a rough gauge of concentration risk (the higher this figure, the more the fund's return depends on a handful of names). To see how LTPZ's holdings overlap with other ETFs you own or are considering, check the Stock Overlap tool.

Which Funds Overlap With LTPZ

Holding two funds that own the same companies adds cost and complexity without adding much diversification. These tracked ETFs share the most names with LTPZ's top 10 — MINT overlaps most, holding 1 of the same companies as LTPZ's top 10 (79.1% of LTPZ's assets).

Compares the top 10 reported holdings of each fund, so it's a floor on true overlap — two S&P 500 trackers overlap ~100% even when only 10 names are listed. Use the Stock Overlap tool to search by individual company.

Market Backdrop

10-Year Treasury Yield: 4.71% (as of 2026-07-23) — The yield on 10-year US Treasury bonds — the standard "risk-free rate" benchmark used to contextualize this fund’s Sharpe ratio and returns.

CBOE Volatility Index (VIX): 18.70 (as of 2026-07-23) — A real-time gauge of expected S&P 500 volatility over the next 30 days — useful context for this fund’s own volatility label.

Federal Funds Rate: 3.63% (as of 2026-06-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.

10-Year Breakeven Inflation Rate: 2.26% (as of 2026-07-24) — The market’s implied 10-year inflation expectation, derived from Treasury and TIPS yields — directly relevant to this fund’s inflation-protection design.

LTPZ Liquidity, Domicile & Tax Treatment

Liquidity: Quoted bid/ask spread is — and average daily volume is 138K/day. Tighter spreads and higher volume mean lower round-trip trading costs; this is a live-market snapshot and can widen during volatile sessions. AUM of $708M provides ample scale, supporting tight spreads and issuer commitment to keep the fund open.

Domicile & tax treatment: LTPZ is a US-domiciled, SEC-registered ('40 Act) exchange-traded fund. Dividends and capital gains distributions are reported to US investors on Form 1099-DIV, and the fund is not subject to the PFIC reporting or UCITS-specific rules that apply to Irish- or Luxembourg-domiciled funds. Non-US investors should note that US-domiciled ETFs are generally subject to 30% US withholding tax on dividends (unless reduced by treaty) and to US estate tax exposure on the position — Irish-domiciled UCITS ETFs tracking the same index often avoid both, which is why non-US residents frequently prefer the UCITS equivalent where one exists. This is general information, not tax advice — consult a tax professional for your situation.

LTPZ Performance History

How LTPZ Compares to Other US Bonds - TIPS ETFs