iShares TIPS Bond ETF

iShares Trust · 1 share class

U.S. bond index ETF
One fund, 1 share class:TIP
$14.75B NAV
49 positions · as of 2026-04-30 · filed 2026-06-26

Fund classification

Classified from what the fund holds · as of 2026 Q2

iShares TIPS Bond ETF is a U.S. bond index ETF that tracks the ICE U.S. Treasury Inflation Linked Bond Index.

Asset class
Bonds
Region
United States
Management
Index (passive)
Fund type
ETF
Rate sensitivity
Intermediate duration

Fund profile

As filed in the prospectus · 2026 Q1

The iShares TIPS Bond ETF (the Fund ) seeks to track the investment results of an index composed of inflation-protected U.S. Treasury bonds.

Strategy · summarised

The fund tracks the ICE U.S. Treasury Inflation Linked Bond Index using representative sampling, holding a sample of TIPS with more than one year to maturity that collectively match the index's investment characteristics, duration, and yield. TIPS adjust principal and interest payments for inflation as measured by the Consumer Price Index, providing a hedge against rising prices but typically yielding less than conventional Treasury bonds. Because the fund may not hold all index constituents, its returns may diverge from the index.

Expenses
0.18%one share class
Share classExpense ratio
TIP0.18%

Portfolio turnover 19.00% · as of 2026 Q1

Allocation

Asset groups · long / short shown separately, never netted · 2026 Q2

99.78%
of net assets
Bonds99.52%
Cash & short-term0.27%

Latest quarter

What changed since the fund's previous filing

2026Q2 vs 2026Q1: 2 new2 exited

Largest new: United States of America ×2

Largest exited: United States of America ×2

Return profile

Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026

1-year
+3.88%
3-year
+10.45%
5-year
+6.42%
Volatility
2.92%
Worst 3-yr fall
-4.80%
Cumulative return· May 2023 – Apr 2026

Debt profile

What this fund holds — value-weighted across its bond and securitized long positions · as of 2026-04-30

Avg coupon
1.26%
Avg maturity
7.12 yr
Coupon type

Share of the fund's debt by how its coupon behaves — the fact that decides whether a rate move reaches this portfolio at all.

0%
floating
Fixed rate100.0%
Maturity ladder

Share of the fund's debt value in each maturity band, shortest first.

<1y10y+
<1y3.0%
1-3y26.9%
3-5y20.9%
5-10y35.1%
10y+14.2%
Flagged holdings
Defaulted: none reported
In arrears: none reported
Paid in kind: none reported

Based on what filers reported; a filer that never reported a flag also reads as none.

Risk profile

Interest-rate and credit-spread sensitivity, both in years · as of 2026Q2

Most of this fund’s sensitivity is to interest rates, with credit spreads carrying a small fraction as much.

Interest-rate duration
6.53 yr
approx. move per 100bp
Credit-spread duration
0.00 yr
approx. move per 100bp
If rates and spreads both rise 100bp

Where the loss would come from. The two shocks are the same size, so this is the balance of the fund's two sensitivities rather than a bet on one moving more.

≈ -6.5%
of value
Interest rates100%
Credit spreads0%

Filers report the impact of a 0.01% move only, so the total is our own scaling of that one number and overstates the loss on most bonds — read it as approximate, never as precise. The two sensitivities overlap rather than add up: they measure the same positions against different shocks, which is why the durations above are shown side by side and never summed.

Credit risk by quality

Share of the fund's spread duration carried by each credit tier.

+0.00
yrs total
Investment grade+0.00 yr
Where the risk sits on the curve

Share of duration at each point, shortest first. A positive figure loses value when spreads widen; a negative one offsets — a credit hedge.

Interest rate6.53 yr total
3 mo30 yr
3 mo0.00 yr0%
1 yr0.36 yr5%
5 yr2.85 yr44%
10 yr1.46 yr22%
30 yr1.85 yr28%
Credit spread0.00 yr total
3 mo
3 mo0.00 yr100%

The two bands measure the same positions against different shocks and do not add — a Treasury carries rate duration and no spread duration, a floating-rate credit the reverse. Rate tenors are also summed across every currency the fund discloses.

Show the numbers
TenorRate yrsIG yrsHY yrsIG $/bpHY $/bp
3 mo+0.00+0.00+0.00$5$0
1 yr+0.36+0.00+0.00$0$0
5 yr+2.85+0.00+0.00$0$0
10 yr+1.46+0.00+0.00$0$0
30 yr+1.85+0.00+0.00$0$0

Dollar change per 1bp of spread movement, as filed and sign-anchored. A blank cell was not filed; a zero was.

Holdings

By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page

Issuer%NAVValue
United States of America1.88% · due 2035-07-154.08%$601.86M
United States of America2.13% · due 2035-01-154.02%$593.63M
United States of America1.88% · due 2034-07-153.79%$558.33M
United States of America1.75% · due 2034-01-153.62%$533.22M
United States of America1.13% · due 2030-10-153.42%$504.23M
United States of America1.63% · due 2030-04-153.39%$500.66M
United States of America1.13% · due 2033-01-153.37%$497.27M
United States of America1.38% · due 2033-07-153.35%$494.01M
United States of America0.63% · due 2032-07-153.34%$493.25M
United States of America1.63% · due 2029-10-153.29%$485.02M
Showing 10 of 49Sign in to see more

Top 10 positions are 35.67% of net assets, top 25 78.08%, across 2 issuers.

See more of this fund's book

More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.

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