Fund · Vanguard Short-Term Inflation-Protected Securities Index Fund · measured from SEC filings
VTIP holdings
VTIP reports 26 holdings and behaves like 23.3 equally weighted ones, computed from its SEC Form N-PORT filing for 2026-06-30. The fact sheet publishes the first number; this page computes the second, and traces it across 28 quarters of filings.
Measured concentration
as of 2026-06-30Computed by this site from the fund's SEC Form N-PORT filing; what the measure does not tell you · every fund in one table · hold it with other funds? X-ray the mix. Pricing: 0.59% at a quoted market price (level 1), one issuer country.
What stands out
as of 2026-06-30VTIP's largest investment is TSY Infl IX N/B at 5.39% of net assets. TSY Infl IX N/B and TSY Infl IX N/B follow; the three together are 16.02%. Ten companies are 50.01% of the fund; the other 16 share the rest. Across 28 quarterly filings VTIP has become less concentrated: it behaved like 14.5 at 2019-09-30 and 23.3 at 2026-06-30. Between the 2026-03-31 and 2026-06-30 filings 1 positions were added and 1 dropped; 4.8% of the weight moved.
Each sentence is read from the fund's own SEC filing; the class median is computed across the comparable structured-note funds on this site. Nothing here is a view on the fund.
Every filing since 2019
28Between 2019-09-30 and 2026-06-30, VTIP went from behaving like 14.5 equally weighted positions to 23.3 — 61% more, while its top ten went from 73.71% to 50.01% of net assets. Read across the funds on the concentration-over-time table.
| Period | Holdings | Effective | Top 10 | Largest |
|---|---|---|---|---|
| 2026-06-30 | 26 | 23.3 | 50.01% | 5.41% |
| 2026-03-31 | 26 | 23 | 50.56% | 5.51% |
| 2025-12-31 | 27 | 24.1 | 48.85% | 5.42% |
| 2025-09-30 | 27 | 23.8 | 49.24% | 5.47% |
| 2025-06-30 | 27 | 24.2 | 48.61% | 5.3% |
| 2025-03-31 | 27 | 23.9 | 49.24% | 5.4% |
| 2024-12-31 | 28 | 25.3 | 46.95% | 5.12% |
| 2024-09-30 | 28 | 24.9 | 47.27% | 5.24% |
Earlier filings (20 more, back to 2019-09-30)
| Period | Holdings | Effective | Top 10 | Largest |
|---|---|---|---|---|
| 2024-06-30 | 28 | 25.4 | 46.53% | 5% |
| 2024-03-31 | 27 | 24.1 | 48.55% | 5.25% |
| 2023-12-31 | 26 | 23.8 | 48.89% | 5.66% |
| 2023-09-30 | 25 | 22.4 | 51.39% | 6.06% |
| 2023-06-30 | 25 | 22.7 | 51.36% | 6.26% |
| 2023-03-31 | 25 | 21.6 | 52.91% | 6.23% |
| 2022-12-31 | 23 | 20.9 | 54.73% | 6.62% |
| 2022-09-30 | 22 | 19.7 | 57.35% | 6.94% |
| 2022-06-30 | 22 | 19.7 | 58.08% | 6.92% |
| 2022-03-31 | 22 | 19.9 | 56.76% | 6.56% |
| 2021-12-31 | 21 | 19.5 | 57.28% | 6.5% |
| 2021-09-30 | 20 | 18.4 | 59.8% | 6.68% |
| 2021-06-30 | 20 | 18.5 | 60.43% | 6.7% |
| 2021-03-31 | 20 | 18.5 | 59.88% | 6.68% |
| 2020-12-31 | 21 | 17.8 | 62.31% | 6.84% |
| 2020-09-30 | 20 | 16.8 | 64.46% | 6.98% |
| 2020-06-30 | 19 | 17 | 65.31% | 7.02% |
| 2020-03-31 | 18 | 16.6 | 64.82% | 7.73% |
| 2019-12-31 | 18 | 15.7 | 70.25% | 8.25% |
| 2019-09-30 | 16 | 14.5 | 73.71% | 8.68% |
One row per filed reporting period, newest first, read from EDGAR. Quarterly because that is the public filing cadence. Rows marked * are published but held out of the comparison above; the methodology page says when and why.
Compared with, in the essays
2Overlap with other funds
2Measured against every other fund on this site, from the same filings. Combined effective holdings is how the pair behaves held in equal size.
| With | Overlap | Shared | Combined effective |
|---|---|---|---|
| VTIP vs SCHP | 49.44% | 20 | 35.3 |
| VTIP vs TIP | 47.46% | 19 | 35.9 |
Largest positions, as filed
as of 2026-06-30The 15 largest of 26 positions in VTIP's Form N-PORT, weight as a share of net assets, securities-lending collateral excluded. Every position, every quarter: VTIP.csv.gz.
| # | Position | Weight | Cumulative |
|---|---|---|---|
| 1 | United States Treasury Inflation Indexed Bonds | 5.41% | 5.4% |
| 2 | United States Treasury Inflation Indexed Bonds | 5.35% | 10.8% |
| 3 | United States Treasury Inflation Indexed Bonds | 5.32% | 16.1% |
| 4 | United States Treasury Inflation Indexed Bonds | 5.16% | 21.2% |
| 5 | United States Treasury Inflation Indexed Bonds | 4.99% | 26.2% |
| 6 | United States Treasury Inflation Indexed Bonds | 4.85% | 31.1% |
| 7 | United States Treasury Inflation Indexed Bonds | 4.85% | 35.9% |
| 8 | United States Treasury Inflation Indexed Bonds | 4.76% | 40.7% |
| 9 | United States Treasury Inflation Indexed Bonds | 4.72% | 45.4% |
| 10 | United States Treasury Inflation Indexed Bonds | 4.60% | 50.0% |
| 11 | United States Treasury Inflation Indexed Bonds | 4.43% | 54.4% |
| 12 | United States Treasury Inflation Indexed Bonds | 4.31% | 58.8% |
| 13 | United States Treasury Inflation Indexed Bonds | 4.27% | 63.0% |
| 14 | United States Treasury Inflation Indexed Bonds | 4.21% | 67.2% |
| 15 | United States Treasury Inflation Indexed Bonds | 4.12% | 71.4% |
Returns the fund reported
2019-07 – 2026-06Monthly total returns from Item B.5 of VTIP's own filings, 84 months on record. Not computed here and not from a price feed.
Cross-checked against a series computed separately from prices: median difference 0.04 percentage points over 84 months, which is roughly the distributions. Every month with the filing it came from: VTIP.json · all funds.
Since the previous filing
2026-03-31 → 2026-06-3026 positions became 26: 1 added (3.9% of the fund at the later date), 1 dropped (3.4% at the earlier date). Half the sum of all weight changes, a turnover proxy: 4.8%. Positions are matched on identifiers, so a security whose identifier changed shows as one drop and one add. Every filing of VTIP compared this way, as a feed: changes.xml · all funds: filings received.
| Largest increases | 2026-03-31 | 2026-06-30 | Largest decreases | 2026-03-31 | 2026-06-30 |
|---|---|---|---|---|---|
| Vanguard Cmt Funds-Vanguard Market Liquidity Fund | 0.02% | 0.59% | United States Treasury Inflation Indexed Bonds | 5.48% | 5.32% |
| United States Treasury Inflation Indexed Bonds | 4.77% | 4.85% | United States Treasury Inflation Indexed Bonds | 4.56% | 4.44% |
| United States Treasury Inflation Indexed Bonds | 4.24% | 4.31% | United States Treasury Inflation Indexed Bonds | 5.11% | 4.99% |
| United States Treasury Inflation Indexed Bonds | 3.83% | 3.87% | United States Treasury Inflation Indexed Bonds | 5.51% | 5.41% |
| United States Treasury Inflation Indexed Bonds | 5.31% | 5.35% | United States Treasury Inflation Indexed Bonds | 4.81% | 4.72% |
| United States Treasury Inflation Indexed Bonds | 5.13% | 5.16% | United States Treasury Inflation Indexed Bonds | 4.93% | 4.85% |
New: United States Treasury Inflation Indexed Bonds (3.93%). Gone: United States Treasury Inflation Indexed Bonds (3.38%).
Asset categories and pricing
as of 2026-06-3099.41% structured note, 0.59% short-term investment as filed; 0.6% carried at a quoted market price (fair-value level 1). Categories and levels are the filer's; what a low level-1 share does and does not mean is in the measure's page.
Essays that examine VTIP
1-
TIP vs SCHP vs VTIP: How Inflation-Protected Bond ETFs Differ by Duration
TIP and SCHP hold the full-maturity TIPS ladder and behave almost identically; the only durable difference between them is a 0.15% fee gap that favors SCHP....
Mentions are detected across the full text of every article, so an appearance may be a passing comparison rather than the subject. Nothing here is a recommendation to buy or sell — see the disclaimer.