TIP — iShares TIPS Bond ETF

Overview

The iShares TIPS Bond ETF (TIP) operates within the US Bonds - TIPS category, which currently contains two ETFs tracked by ETFValuer. Issued by iShares, this fund manages $14.7 billion in assets and trades at a price of $108.05. It holds an overall rank of #112 out of 120 tracked ETFs across all categories and has received an ETFValuer grade of C with a score of 50.7 out of 100. The fund charges an expense ratio of 0.18% while offering a dividend yield of 1.16%. The substantial asset under management suggests significant investor adoption despite the fund's mid-to-lower tier ranking relative to the broader universe. These metrics collectively define the fund's cost structure and income profile for potential investors.

Short-term performance shows a pattern of minor declines, with the fund down 0.11% over one day, 0.30% over one week, and 0.13% over one month. Year-to-date returns reflect this slight negative trend at -0.19%, while the six-month return is -0.46%. A more significant decline occurred over the three-month period, where the fund fell 1.11%. However, the longer-term trajectory turns positive, with a one-year return of +2.14% and a three-year annualized return of +9.55%. This data indicates a divergence where recent short-term periods have been negative, contrasting with the positive gains recorded over the one and three-year horizons.

The fund carries a Very Low volatility label and a beta of 0.69, suggesting it moves less than the broader market. Despite this lower volatility, the Sharpe ratio is -0.78, indicating that the risk-adjusted returns have been negative over the measured period. The maximum drawdown recorded is -4.54%, which represents the largest peak-to-trough decline experienced by the fund. This combination of low volatility and negative risk-adjusted returns implies that while the fund may not experience extreme swings, it has struggled to generate sufficient returns to compensate for the risks taken. The negative Sharpe ratio alongside the modest maximum drawdown highlights a period where the fund's performance did not adequately reward investors for the capital deployed.

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.

Market Backdrop

10-Year Treasury Yield: 4.55% (as of 2026-07-07) — 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): 16.13 (as of 2026-07-07) — 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: 2.25% (as of 2026-07-08) — The market’s implied 10-year inflation expectation, derived from Treasury and TIPS yields — directly relevant to this fund’s inflation-protection design.

TIP Performance History

How TIP Compares to Other US Bonds - TIPS ETFs