LTPZ vs TIP
PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund compared with iShares TIPS Bond ETF on yield, payout growth, payment schedule, cost and risk.
LTPZ
PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund
TTM yield · Monthly
TIP
iShares TIPS Bond ETF
TTM yield · Monthly
Quick take
- LTPZ yields more today: 14.96% vs 10.39% (forward).
- Both pay every month.
- Over the last year TIP delivered the higher total return: -0.2% vs -7.1% (price change plus payouts).
- TIP is cheaper to own: 0.18% vs 0.20% expense ratio.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | LTPZ | TIP |
|---|---|---|
| Share price | $46.52 | $106.24 |
| TTM yield | 6.36% | 4.43% |
| Forward yield | 14.96% | 10.39% |
| Annual payout per share | $6.96 | $11.043 |
| Payment frequency | Monthly | Monthly |
| Next ex-date | Nov 1, 2026 (est.) | Nov 1, 2026 (est.) |
| Expense ratio | 0.20% | 0.18% |
| 1-year payout growth | — | — |
| 5-year payout CAGR | — | — |
| Consecutive years of increases | — | — |
| Payout consistency (last 12) | 34/100 | 37/100 |
| 1-year total return | -7.1% | -0.2% |
| 1-year price return | -12.7% | -4.5% |
| Size (market cap / AUM) | 1.0B | 14.2B |
| Years paying | 17.1 | 22.8 |
| Sector / category | Inflation-Protected Bond | Inflation-Protected Bond |
✓ marks the more favourable figure where one exists (higher yield, growth, streak, consistency, return and size; lower cost, payout ratio and risk).
$10,000 invested today
| LTPZ | TIP | |
|---|---|---|
| Shares | 215.0 | 94.1 |
| Income per year | $1,496 | $1,039 |
| Income per month (avg) | $125 | $87 |
At forward yields, before taxes. Model LTPZ · Model TIP
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| LTPZ Nov 1, 2026 | Nov 15, 2026 | $0.58 | Est. |
| LTPZ Dec 1, 2026 | Dec 15, 2026 | $0.58 | Est. |
| LTPZ Dec 31, 2026 | Jan 14, 2027 | $0.58 | Est. |
| TIP Nov 1, 2026 | Nov 15, 2026 | $0.9202 | Est. |
| TIP Dec 1, 2026 | Dec 15, 2026 | $0.9203 | Est. |
| TIP Dec 31, 2026 | Jan 14, 2027 | $0.9203 | Est. |
Annual payouts per share
LTPZTIP
Regular payments only; the current year is year to date. Per-share amounts are not directly comparable when share prices differ, so read this chart for growth trends.
FAQ
Which has the higher dividend yield, LTPZ or TIP?
LTPZ currently has the higher trailing yield: LTPZ yields 6.36% and TIP yields 4.43%. Yield changes daily with price, so check the live figures above.
How often do LTPZ and TIP pay?
LTPZ pays every month and TIP pays every month. LTPZ's next ex-date is Nov 1, 2026 and TIP's is Nov 1, 2026.
Is LTPZ or TIP better for income?
It depends on what you are optimising for. LTPZ and TIP differ in yield, growth, payment schedule and risk profile; the table above puts every metric side by side so you can weigh them for your own goals. This page is data, not advice.