ETF · Inflation-Protected Bond

iShares TIPS Bond ETF(TIP)

$109.97
-0.01%
Expense Ratio
$13.9B
Total AUM
Holdings
Inception
Active Share vs VOO
Truly Active
0%20%60%100%
99.8%

AI Look-Through Summary

AI Generated

The iShares TIPS Bond ETF maintains a substantial asset base of $13.9 billion, positioning it as a significant vehicle within the inflation-protected securities space. Its portfolio structure is characterized by a highly diversified approach to Treasury Inflation-Protected Securities, evidenced by the top ten holdings each representing less than 4.2% of total assets. This distribution pattern indicates that no single security exerts disproportionate influence on the fund's overall performance or risk profile, suggesting a strategy focused on broad market exposure rather than concentrated bets on specific maturities or issuers within the TIPS universe.

Geographically and denomination-wise, the concentration of holdings in instruments with CUSIP prefixes beginning with "91282" underscores an exclusive focus on United States Treasury obligations backed by inflation adjustments. The uniformity across the top ten positions implies a systematic rebalancing mechanism designed to maintain sector purity while mitigating idiosyncratic risk associated with individual bond issuances. By avoiding heavy weighting in any single tranche, the fund effectively smooths out volatility that might arise from shifts in specific yield curve segments or inflation expectations tied to particular maturity dates.

Quantitatively, the sheer scale of $13.9 billion in assets suggests high liquidity and minimal tracking error relative to its benchmark index, which is critical for institutional investors seeking efficient execution. The absence of any holding exceeding 4% highlights a disciplined risk management framework that prioritizes stability over aggressive yield chasing through concentration. This structural design ensures that the fund's returns are primarily driven by macroeconomic factors affecting inflation-protected debt rather than manager-specific security selection within the TIPS category, offering investors a passive yet robust exposure to real yields in the current market environment.

Generated by Qwen-32B from constituent-level data. Not investment advice. Updated: 2026-05-23 12:14:37.033479+00

🔍 Theme Alignment Audit

AI GeneratedPurity: 95/100

The investment theme implied by the name iShares TIPS Bond ETF is a dedicated exposure to Treasury Inflation-Protected Securities, which are specifically designed to adjust principal values based on inflation. The provided top holdings list consists entirely of securities identified by CUSIP prefixes associated with U.S. Treasury debt instruments, indicating a complete alignment between the fund's stated objective and its actual asset composition. There is no evidence within this data of unrelated equity positions or corporate bonds that would dilute the thematic purity expected from an inflation-hedging vehicle. The absence of any non-TIPS assets suggests the fund maintains strict adherence to its mandate without resorting to broad-market names merely for stability, thereby preserving the integrity of its specific risk profile.

Sector coherence is absolute as the portfolio appears composed exclusively of government debt, resulting in zero concentration risk across traditional industry sectors like technology or healthcare that often plague thematic equity funds. The top-10 concentration metric of 35.5% reflects a standard weighting distribution typical for bond ETFs where individual issuers dominate rather than diversified sector exposure; this indicates the fund is not differentiated by sector tilt but strictly by its inflation-linked security type. Because the entire universe consists of a single asset class with uniform regulatory and structural characteristics, the fund offers pure thematic exposure to real yields rather than attempting to mimic broader market indices through artificial diversification. The data confirms that performance drivers will be isolated to interest rate movements and inflation adjustments inherent to TIPS, ensuring the investment vehicle remains true to its specialized purpose without deviation into unrelated financial instruments.

AI analysis of holdings alignment vs fund theme. Not investment advice. Updated: 2026-05-22 10:31:03.517727+00

ETF Look-Through Dashboard

Replaces $249/yr Morningstar

Peer through the ETF wrapper to see exactly what you own. Every metric is computed from constituent-level data.

3.45%
Dividend Yield

Herfindahl-Hirschman Concentration Index

01000200030004000269
Well Diversified
Top 5: 18.8%Top 10: 35.5%

Morningstar-Style Box

Value
Blend
Growth
Large
Mid
Small
Small Value

Under the Hood — Top 15 Constituents

Top 10 Concentration35.5%
#TickerCompanyWeightP/EF-Score
191282CNS6
United States of America
4.07%
291282CML2
United States of America
4.01%
3US91282CLE92
United States of America
3.77%
491282CJY8
United States of America
3.59%
591282CPH8
United States of America
3.39%
691282CNB3
United States of America
3.38%
791282CGK1
United States of America
3.35%
891282CHP9
United States of America
3.34%
991282CEZ0
United States of America
3.32%
1091282CLV1
United States of America
3.27%
11US91282CKL45
United States of America
3.18%
1291282CJH5
United States of America
3.14%
1391282CDX6
United States of America
3.12%
1491282CFR7
United States of America
3.02%
1591282CGW5
United States of America
2.95%
The bottom 34 stocks in TIP account for only 49.1% of the total fund weight.

Historical Holdings Snapshots

Browse how TIP’s holdings have changed across SEC filing dates. Showing top holdings per snapshot.

2026-05-24

15 holdings · 50.9% tracked weight
#TickerWeightSharesMarket Value
191282CNS64.07%$562.5M
291282CML24.01%$554.0M
3US91282CLE923.77%$520.8M
491282CJY83.59%$496.9M
591282CPH83.39%$469.4M
691282CNB33.38%$467.1M
791282CGK13.35%$463.8M
891282CHP93.34%$461.3M
991282CEZ03.32%$458.8M
1091282CLV13.27%$452.7M
11US91282CKL453.18%$439.3M
1291282CJH53.14%$434.6M
1391282CDX63.12%$431.3M
1491282CFR73.02%$418.2M
1591282CGW52.95%$408.4M

2026-05-23

15 holdings · 50.9% tracked weight
#TickerWeightSharesMarket Value
191282CNS64.07%$562.5M
291282CML24.01%$554.0M
3US91282CLE923.77%$520.8M
491282CJY83.59%$496.9M
591282CPH83.39%$469.4M
691282CNB33.38%$467.1M
791282CGK13.35%$463.8M
891282CHP93.34%$461.3M
991282CEZ03.32%$458.8M
1091282CLV13.27%$452.7M
11US91282CKL453.18%$439.3M
1291282CJH53.14%$434.6M
1391282CDX63.12%$431.3M
1491282CFR73.02%$418.2M
1591282CGW52.95%$408.4M

2026-05-22

15 holdings · 50.9% tracked weight
#TickerWeightSharesMarket Value
191282CNS64.07%$562.5M
291282CML24.01%$554.0M
3US91282CLE923.77%$520.8M
491282CJY83.59%$496.9M
591282CPH83.39%$469.4M
691282CNB33.38%$467.1M
791282CGK13.35%$463.8M
891282CHP93.34%$461.3M
991282CEZ03.32%$458.8M
1091282CLV13.27%$452.7M
11US91282CKL453.18%$439.3M
1291282CJH53.14%$434.6M
1391282CDX63.12%$431.3M
1491282CFR73.02%$418.2M
1591282CGW52.95%$408.4M

2026-05-21

15 holdings · 50.9% tracked weight
#TickerWeightSharesMarket Value
191282CNS64.07%$562.5M
291282CML24.01%$554.0M
3US91282CLE923.77%$520.8M
491282CJY83.59%$496.9M
591282CPH83.39%$469.4M
691282CNB33.38%$467.1M
791282CGK13.35%$463.8M
891282CHP93.34%$461.3M
991282CEZ03.32%$458.8M
1091282CLV13.27%$452.7M
11US91282CKL453.18%$439.3M
1291282CJH53.14%$434.6M
1391282CDX63.12%$431.3M
1491282CFR73.02%$418.2M
1591282CGW52.95%$408.4M

2026-05-20

15 holdings · 50.9% tracked weight
#TickerWeightSharesMarket Value
191282CNS64.07%$562.5M
291282CML24.01%$554.0M
3US91282CLE923.77%$520.8M
491282CJY83.59%$496.9M
591282CPH83.39%$469.4M
691282CNB33.38%$467.1M
791282CGK13.35%$463.8M
891282CHP93.34%$461.3M
991282CEZ03.32%$458.8M
1091282CLV13.27%$452.7M
11US91282CKL453.18%$439.3M
1291282CJH53.14%$434.6M
1391282CDX63.12%$431.3M
1491282CFR73.02%$418.2M
1591282CGW52.95%$408.4M

2026-05-19

15 holdings · 50.9% tracked weight
#TickerWeightSharesMarket Value
191282CNS64.07%$562.5M
291282CML24.01%$554.0M
3US91282CLE923.77%$520.8M
491282CJY83.59%$496.9M
591282CPH83.39%$469.4M
691282CNB33.38%$467.1M
791282CGK13.35%$463.8M
891282CHP93.34%$461.3M
991282CEZ03.32%$458.8M
1091282CLV13.27%$452.7M
11US91282CKL453.18%$439.3M
1291282CJH53.14%$434.6M
1391282CDX63.12%$431.3M
1491282CFR73.02%$418.2M
1591282CGW52.95%$408.4M

Source: SEC filings and fund provider disclosures. Shows last 6 snapshot dates, top 15 holdings per date by weight.

Risk Profile

4.1%
Annual Volatility
-0.04
Sharpe (1Y)
-2.7%
Max Drawdown (5Y)

Sharpe = risk-adjusted return (higher is better). Computed from 1,200+ trading days with 5% risk-free rate.

Fama-French 5-Factor Exposure

Academic factor model decomposition — what's really driving this ETF's returns.

0.02
Market β
-0.011
Size (SMB)
Neutral
+0.003
Value (HML)
Neutral
-0.023
Profit (RMW)
Neutral
+0.087
Invest (CMA)
Neutral
Alpha (annual): +0.34%
R²: 3.2%of variance explained by 5 factors

⚠ Low R² — the equity factor model explains very little of this ETF's return variance. Factor exposures and alpha should be interpreted with caution.

Fama-French 5-Factor Model. Data: Kenneth French Data Library. Regression over 3 years of daily returns.

Price Chart with Moving Averages

Loading chart...

Technical Setup

AI Generated

TIP is trading slightly above its 50-day moving average but remains below the longer-term 200-day moving average, suggesting a cautiously positive near-term trend. The RSI reading of 50.4 indicates that momentum is currently balanced around neutral territory, neither overbought nor oversold.

Underwater (Drawdown from Peak)

How far below the all-time high the price has been over time. Deeper = more pain for holders.

Loading drawdown chart...

Rolling 60-Day Beta vs S&P 500 (VOO)

How the ETF's sensitivity to market moves changes over time. β > 1 = more volatile than the market.

Loading beta chart...
Rolling Beta Market (β = 1.0)

Yield & Income

1.13%
TTM Yield
30-Day SEC Yield
5Y Div CAGR

Sector Drift Over Time

How TIP’s sector allocation has shifted across snapshots. Use the slider to travel through time.

2026-05-2457 snapshots
Other100.0%
2026-03-262026-05-24

Active Conviction Tracker

Shares bought and sold between the latest two data snapshots — reveals what the fund manager is actually doing.

No position changes detected between snapshots.

AUM & Capital Flow Tracker

Estimated assets under management derived from SEC filings and daily price movements — tracks how the fund's value evolves over time.

Total Net Assets
$13.83B
Est. AUM Change (90d)
$-32.6M
Price Change (90d)
-0.24%
Filing Snapshots
2
01-2302-1303-0903-3004-2105-1206-02$13.74B$13.88B$14.02B
Estimated AUMTNA Filing Date

Estimated AUM derived from the latest SEC N-PORT filing TNA ($13.83B) scaled by daily price changes. Filing snapshots update when new regulatory filings are published (quarterly for most funds, daily for ARK).

TIP Rate Shock Simulator

What happens to iShares TIPS Bond ETF if the Fed changes rates? This simulator estimates price impact based on the fund's effective duration of 3.9 years, computed from 90-day regression of TIP's returns against treasury yield changes.

Effective Duration
3.9 yrs
Rate Sensitivity
LOW
Current Price
$109.97
If Fed Funds Rate Changes By
+1.00%
−2.00% (aggressive cut)0%+2.00% (aggressive hike)
Estimated Price Impact
-3.9%
Estimated New Price
$105.69
Rate ChangePrice ImpactEst. PriceVisual
-2.00%+7.8%$118.54
-1.50%+5.8%$116.40
-1.00%+3.9%$114.25
-0.50%+1.9%$112.11
-0.25%+1.0%$111.04
+0.00%(current)0.0%$109.97
+0.25%-1.0%$108.90
+0.50%-1.9%$107.83
+1.00%-3.9%$105.69
+1.50%-5.8%$103.54
+2.00%-7.8%$101.40

Price impact estimated using modified duration approximation: ΔPrice ≈ −Duration × ΔYield. Actual impact may differ due to convexity, credit spread changes, and market conditions. Duration computed from price-yield sensitivity analysis. Not investment advice.

Explore More

Quant metrics computed deterministically from financial statements and price data. Updated: 2026-06-02.

SecuritiesDB is for informational purposes only. Not investment advice.