Overview
TIPS maturing inside 5 years — inflation protection with minimal duration, the version of TIP that actually tracks CPI surprises.
Top Holdings
| Ticker | Holding | Weight |
|---|---|---|
| TIPS | US TIPS 0-5 years | 100% |
Fund Details
Investment Thesis
VTIP fixes the flaw that burned TIP holders in 2022: by holding only short-maturity TIPS, it strips out most duration risk, so its price actually responds to inflation rather than to real-rate swings. When CPI surprised upward in 2021-22, VTIP gained while TIP fell double digits — the clearest live demonstration of the difference. The cost is a lower long-run yield; the benefit is that it does what buyers think TIPS funds do.
Who It's For
Investors hedging near-term inflation specifically — cash-heavy savers, retirees indexing spending power — who want CPI protection without hidden rate risk.
10-Year History
| Year | Close | % Chg |
|---|---|---|
| 2016 | $41.90 | -- |
| 2017 | $41.98 | +0.2% |
| 2018 | $41.77 | -0.5% |
| 2019 | $43.23 | +3.5% |
| 2020 | $45.18 | +4.5% |
| 2021 | $46.98 | +4.0% |
| 2022 | $44.87 | -4.5% |
| 2023 | $46.22 | +3.0% |
| 2024 | $47.37 | +2.5% |
| 2025 | $48.79 | +3.0% |
| Year | Yield |
|---|---|
| 2016 | 1.80% |
| 2017 | 1.80% |
| 2018 | 2.00% |
| 2019 | 1.90% |
| 2020 | 1.10% |
| 2021 | 2.80% |
| 2022 | 6.20% |
| 2023 | 4.30% |
| 2024 | 3.80% |
| 2025 | 4.16% |
| Year | AUM | % Chg |
|---|---|---|
| 2016 | $5.0B | -- |
| 2017 | $5.6B | +12.0% |
| 2018 | $6.3B | +12.5% |
| 2019 | $7.0B | +11.1% |
| 2020 | $7.9B | +12.9% |
| 2021 | $8.9B | +12.7% |
| 2022 | $9.9B | +11.2% |
| 2023 | $11B | +11.1% |
| 2024 | $12B | +9.1% |
| 2025 | $14B | +16.7% |
Historical figures are ETFHub estimates modelled from asset-class return patterns and may differ from official fund records. Data as of August 2026.
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