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VTIP — Vanguard SHORT-TERM INFLATION-PROTECTED Securities…

Data as of 2026-09-29 · US · Bonds · window 2016-09-29 → 2026-09-29 (10.0 years) · returns assume dividends reinvested, net of fund fees · Market Data from Tiingo.com

What the history says

VTIP
Total return+33.4%
Annualised (CAGR)+2.9%
Volatility (annualised)+2.3%
Sharpe (rf = 0)1.25
Deepest drawdown-6.3%
Drawdown peak → trough2020-03-05 → 2020-03-18
Fee (annual expense ratio)0.04%
Dividend yield (12m distributions)4.19% (as of 2026-09-29)

Over the 10.0 years to 2026-09-29 the fund returned +33.4% in total (+2.9% a year), with a deepest drawdown of -6.3% from 2020-03-05 to 2020-03-18. Its worst calendar year was 2022 (-3.0%), its best 2025 (+6.1%).

Every calendar year

Calendar-year returns (net of fees, dividends reinvested)
YearVTIP
2026+0.9%
2025+6.1%
2024+4.7%
2023+4.6%
2022-3.0%
2021+5.4%
2020+4.9%
2019+4.9%
2018+0.6%
2017+0.8%
2016-0.2%

Common questions

How much has VTIP returned over the last 10 years?

+33.4% in total, which works out to +2.9% a year over the 10 years to 2026-09-29. Both figures assume dividends were reinvested and the fund's own fees were already deducted, so they are what an investor would have kept — before tax.

What was VTIP's worst year?

2022 — its calendar-year return was -3.0% (net of fees, dividends reinvested). Its best year was 2025 (+6.1%).

How deep was VTIP's worst drawdown?

-6.3%, from a peak on 2020-03-05 to a trough on 2020-03-18. From that trough it took 82 days (about 2.7 months) to climb back to the earlier peak.

Does VTIP pay dividends?

Over the last 12 months it distributed 4.19% of its share price (as of 2026-09-29). That is a past distribution, not a promise of future income, and it is already counted in every return figure on this page.

What is VTIP's expense ratio?

0.04% a year, and it is already deducted from every return figure on this page. A fund charges it inside the fund rather than billing you, which is why fee differences show up as a smaller final balance, not as a line item.

What this page does not say

It does not say VTIP is a good or bad fund, and it is not a forecast. Returns above are history: they already include dividends and already exclude the fund's own fees. A drawdown of -6.3% means an investor who bought at the peak would have watched that much value disappear before it recovered — how long that takes is the part most tables leave out.

Run your own window, add fees or a second fund: open VTIP in the tool. History is shown as history, never sold as a forecast.

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