TIP — iShares TIPS Bond ETF

TIP Price Performance — Growth of $10,000

Value of a $10,000 investment in TIP 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.

TIP Drawdown

The "underwater" chart: TIP'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 iShares TIPS Bond ETF (Ticker: TIP) is a US Bonds - TIPS fund, issued by iShares. It holds a position at #341 out of 458 tracked ETFs across all categories, with an overall grade of C (score 53.3/100). The fund's expense ratio is 0.18%, indicating a relatively low cost for investors, and it offers a dividend yield of 1.16%, providing a modest income stream. With a price of $107.13 and an AUM of $14.6B, the fund is positioned at a higher price point, which might suggest some level of investor confidence, though the relatively high price could also reflect the fund's established reputation in the market.

Over the past year, the iShares TIPS Bond ETF has shown a steady performance, with a return of +2.08%. Looking at the longer-term trends, the fund has delivered a strong 3-year return of +12.77%, indicating a positive performance trajectory. However, the 1-month return of +0.40% and the 1-week return of +0.13% suggest a more stable but less dynamic performance in the short term. The 1-day return of -0.36% indicates some volatility, but the overall pattern shows a gradual improvement in returns over the past year, with a slight deceleration in the most recent month.

The iShares TIPS Bond ETF is categorized as having a Very Low volatility label, which suggests that the fund is relatively stable and less prone to significant price fluctuations. Its beta of 0.69 indicates a lower sensitivity to market movements compared to the broader market, implying that the fund is less likely to experience extreme price swings. The Sharpe ratio of -0.87, while negative, suggests that the fund's returns are not adequately compensating for the level of risk taken, as the returns are below the risk-free rate. The maximum drawdown of -3.67% indicates that the fund has experienced a significant decline in value, but it is not as severe as some other funds. Overall, these figures imply that the fund is suitable for investors seeking a stable, low-risk investment with modest returns, but they should be aware of the negative Sharpe ratio and the potential for below-average risk-adjusted returns.

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

TIP Top Holdings

Holdings as of 2026-04-30 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 35.7% 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 TIP's holdings overlap with other ETFs you own or are considering, check the Stock Overlap tool.

Which Funds Overlap With TIP

Holding two funds that own the same companies adds cost and complexity without adding much diversification. These tracked ETFs share the most names with TIP's top 10 — SGOV overlaps most, holding 1 of the same companies as TIP's top 10 (35.7% of TIP'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: 4.69% (as of 2026-08-20) — 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): 16.01 (as of 2026-08-20) — 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 2026-07-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.

10-Year Breakeven Inflation Rate: 2.34% (as of 2026-08-21) — The market’s implied 10-year inflation expectation, derived from Treasury and TIPS yields — directly relevant to this fund’s inflation-protection design.

TIP Liquidity, Domicile & Tax Treatment

Liquidity: Quoted bid/ask spread is 0.27% and average daily volume is 1.9M/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 $14.6B provides ample scale, supporting tight spreads and issuer commitment to keep the fund open.

Domicile & tax treatment: TIP 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.

TIP Performance History

How TIP Compares to Other US Bonds - TIPS ETFs