Vanguard Malvern Funds Vanguard Short-Term Inflation-Protected Securities Index Fund ETF Shares (VTIP US)
VTIP US$48.86
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Performance
Share price activity
- Last (Price)
- 48.86
- Change
- ▲ 0.05 (0.10)
- Bid / Ask
- 48.85 - 48.87
- Volume
- 157,784
- Turnover
- 7,038,890
- Open
- 48.82
- Day Range
- 48.77 - 48.87
- VWAP
- 48.82
- Prev Close
- 48.81
- Last Trade
- 28/10 4:00pm
Fund profile
Fund size
$73.01B
SEP 2026
Distributions
Quarterly
Since inception
14.0 yrs
OCT 2012
- Legal name
- Vanguard Short-Term Inflation-Protected Securities Index Fund ETF Shares
- Issuer
- Vanguard
- Type
- Exchange-Traded Fund
- Structure
- Open Ended Investment Company
- Management style
- Index fund
- Morningstar category
- Short-Term Inflation-Protected Bond
- Category index
- Bloomberg U.S. Treasury TIPS 1-5Y TR USD
- Benchmark
- Bloomberg US Agg Bond TR USD
- ETF net assets
- $21.08B
- Units on issue
- 432.0M
- Management fee
- 0.02% p.a.
- Domicile
- United States
- Base currency
- USD
- Inception
- 12 OCT 2012
- Listed
- 16 OCT 2012
- Index provider
- Bloomberg Index
Objective and strategy
The investment seeks to track the performance of a Bloomberg U.S. 0-5 Year Treasury Inflation-Protected Securities Index that measures the investment return of inflation-protected public obligations of the U.S. Treasury with remaining maturities of less than 5 years. The index is a market-capitalization-weighted index that includes all inflation-protected public obligations issued by the U.S. Treasury with remaining maturities of less than 5 years.
Asset allocation
US equity 0.00%Non-US equity 0.00%
| Asset class | Net % | Long % | Short % |
|---|---|---|---|
| Equity | 0.00 | 0.00 | — |
| Bond | 95.15 | 95.15 | — |
| Cash | 4.85 | 4.85 | — |
| Other | 0.00 | 0.00 | — |
Portfolio statistics · 30 SEP 2026
- Assets in top 10
- 49.98%
Top holdings · top 10 = 49.98% of assets
| Holding | % Weight | First bought | Market value | Currency | Units held | Sector | Country | |
|---|---|---|---|---|---|---|---|---|
| United States Treasury Notes | 5.30 | — | 3.84B | USD | 4.06B | — | United States | |
| United States Treasury Notes | 5.22 | — | 3.78B | USD | 3.92B | — | United States | |
| United States Treasury Notes | 5.22 | — | 3.78B | USD | 4.02B | — | United States | |
| United States Treasury Notes | 5.14 | — | 3.72B | USD | 3.82B | — | United States | |
| United States Treasury Notes | 4.97 | — | 3.59B | USD | 3.60B | — | United States | |
| United States Treasury Notes | 4.96 | — | 3.59B | USD | 3.64B | — | United States | |
| United States Treasury Notes | 4.87 | — | 3.52B | USD | 3.54B | — | United States | |
| United States Treasury Notes | 4.83 | — | 3.49B | USD | 3.53B | — | United States | |
| United States Treasury Notes | 4.74 | — | 3.43B | USD | 3.43B | — | United States | |
| United States Treasury Notes | 4.73 | — | 3.42B | USD | 3.49B | — | United States |
Trailing returns · 30 SEP 2026
Fund (NAV) Market price
1M
-0.9
3M
-0.7
6M
0.0
YTD
0.9
1Y
1.3
3Y
4.8
5Y
2.9
10Y
2.9
| Period | Fund (NAV) % | Market price % | Before fees % | Rank in category |
|---|---|---|---|---|
| 1 month | -0.89 | -0.91 | -0.88 | 24 / 68 |
| 3 months | -0.68 | -0.66 | -0.68 | 30 / 68 |
| 6 months | -0.02 | -0.06 | -0.01 | 31 / 67 |
| Year to date | 0.95 | 0.93 | 0.97 | 29 / 66 |
| 1 year | 1.33 | 1.31 | 1.36 | 8 / 65 |
| 3 years p.a. | 4.77 | 4.76 | 4.81 | 17 / 63 |
| 5 years p.a. | 2.89 | 2.88 | 2.93 | 16 / 63 |
| 10 years p.a. | 2.95 | 2.93 | 2.99 | 29 / 52 |
Returns to 30 SEP 2026, periods of 3 years and longer annualised. Rank is the percentile in the Morningstar category at 30 SEP 2026 (1 = best) over the funds ranked.
Calendar year returns
Total Capital
2016
2.7
2017
0.8
2018
0.5
2019
4.8
2020
5.0
2021
5.3
2022
-2.8
2023
4.6
2024
4.8
2025
6.1
| Year | Total % | Capital % | Rank in category |
|---|---|---|---|
| 2025 | 6.07 | 2.13 | 47 / 64 |
| 2024 | 4.76 | 1.98 | 21 / 62 |
| 2023 | 4.62 | 1.69 | 14 / 63 |
| 2022 | -2.84 | -9.21 | 11 / 63 |
| 2021 | 5.32 | 0.53 | 61 / 63 |
| 2020 | 4.97 | 3.72 | 87 / 59 |
| 2019 | 4.83 | 2.81 | 67 / 60 |
| 2018 | 0.54 | -1.88 | 8 / 57 |
| 2017 | 0.82 | -0.69 | 47 / 52 |
| 2016 | 2.71 | 1.93 | 80 / 49 |
| 2015 | -0.15 | -0.15 | 17 / 43 |
Risk statistics · 30 SEP 2026
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Alpha | -1.32 | 0.25 | 0.24 | 0.77 |
| Beta | 0.21 | 0.22 | 0.29 | 0.29 |
| R-squared | 30.61 | 50.38 | 48.26 | 42.49 |
| Standard deviation | 1.51 | 1.79 | 2.71 | 2.23 |
| Sharpe ratio | -1.62 | 0.09 | -0.39 | 0.18 |
| Sortino ratio | -1.65 | 0.13 | -0.47 | 0.24 |
| Tracking error | 3.48 | 4.51 | 4.90 | 4.02 |
| Information ratio | 0.91 | 0.16 | 0.72 | 0.45 |
| Upside capture % | 47.76 | 50.41 | 48.02 | 49.50 |
| Downside capture % | 10.33 | 3.42 | 13.26 | 11.02 |
| Maximum drawdown % | -0.32 | -0.43 | -4.41 | -4.41 |
Measured against Bloomberg US Agg Bond TR USD with USTREAS T-Bill Auction Ave 3 Mon as the risk-free rate, to 30 SEP 2026. Maximum drawdown is on gross returns at the latest quarter end.
Portfolio risk score
Risk score
8.1
Morningstar Portfolio Risk Score at 30 SEP 2026.
- Tracking volatility
- 1.390
- Est. holding cost %
- -3.380
- Market impact cost %
- 0.001
- Best quarter
- 3.07% · MAR 2025
- Worst quarter
- -3.37% · OCT 2022
Fees and costs
- Management fees and costs
- 0.02% p.a.
- PDS dated
- 28 JAN 2026
Distributions
- Latest distribution
- 0.9333
- Ex Date
- 1 OCT 2026
- Record Date
- 1 OCT 2026
- Pay Date
- 5 OCT 2026
- NAV at ex date
- 48.40
- Paid this year
- 1.6364
Distributions by year
2024
1.9
2023
1.3
2022
1.4
2021
3.2
2020
2.4
2019
0.6
2018
1.0
2017
1.2
2016
0.7
2015
0.4
| Year | Per unit ($) |
|---|---|
| 2024 | 1.8829 |
| 2023 | 1.3075 |
| 2022 | 1.3572 |
| 2021 | 3.1932 |
| 2020 | 2.4071 |
| 2019 | 0.6125 |
| 2018 | 0.9612 |
| 2017 | 1.1727 |
| 2016 | 0.7415 |
| 2015 | 0.3740 |
Distribution history
| Ex Date | Per unit ($) |
|---|---|
| 1 OCT 2026 | 0.9333 |
| 1 JUL 2026 | 0.6804 |
| 1 APR 2026 | 0.0227 |
| 18 DEC 2025 | 0.7110 |
| 1 OCT 2025 | 0.6481 |
| 1 JUL 2025 | 0.4260 |
| 1 APR 2025 | 0.0978 |
| 24 DEC 2024 | 0.5290 |
| 1 OCT 2024 | 0.3083 |
| 1 JUL 2024 | 0.4435 |
| 1 APR 2024 | 0.0267 |
| 22 DEC 2023 | 0.6375 |
Sustainability rating · 31 AUG 2026
Average
Fund managers
- Joshua C. Barrickman
Tenure
- Number of managers
- 1
- Average tenure
- 14.0 years
- Longest tenure
- 14.0 years
- Longest serving
- Joshua C. Barrickman · since 12 OCT 2012
- Most recent appointment
- Joshua C. Barrickman · since 12 OCT 2012
- Managed since
- 12 OCT 2012
- Other funds managed
- 42
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