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, issued by iShares, is a $14.2 billion fund tracking the US Bonds - TIPS category. It holds a C grade with a score of 53.9 out of 100, ranking 4th among 6 peers and 335th across all tracked ETFs. The expense ratio of 0.18% exceeds the category median of 0.105%, while its 5.98% dividend yield sits slightly below the peer average of 6.05%. The fund’s top 10 holdings represent 35.7% of assets, with the largest position being United States of America at 4.0%.

Price history is available for only 3.0 years, and the grade has remained unchanged at C over the last 35 tracked days. Short-term returns show a decline, with the 1-month figure at -2.62% and the 3-month return at -2.88%. This contrasts with the 3-year horizon, which has delivered a +11.89% return. The 1-year return of -1.85% trails the category median of -0.51%. Currently, the price of $104.24 sits at 5.7% of its 52-week range.

The fund exhibits Very Low volatility at 3.52% annualized and a beta of 0.71, indicating it moves less than the broader market. A Sharpe ratio of -1.95 suggests poor risk-adjusted performance relative to the risk-free rate during the measured period. The maximum drawdown was limited to -3.95%, reflecting contained downside pressure. Liquidity is supported by an average daily volume of 1,871,511 shares.

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

TIP Top Holdings

Holdings as of 2026-07-31 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: 5.27% (as of 2026-10-06) — 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): 15.01 (as of 2026-10-06) — 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: 3.75% (as of 2026-09-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.

10-Year Breakeven Inflation Rate: 2.36% (as of 2026-10-07) — 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: Average daily volume is 1.9M/day. Higher volume and a larger fund generally mean lower round-trip trading costs. AUM of $14.2B 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