TIP — iShares TIPS Bond ETF

iShares (BlackRock) · Expense Ratio: 0.19% · Inflation Protected · 11bp above the Inflation Protected category average of 0.08%

Portfolio Hedge

Key Facts

TickerTIP
Full NameiShares TIPS Bond ETF
ProvideriShares (BlackRock)
Expense Ratio0.19%
CategoryInflation Protected
Assets Under Management$25B
Inception Year2003 (23 years ago)
Number of Holdings48
Dividend Yield~3.5% (high)
Top HoldingsTIPS 5yr, TIPS 10yr, TIPS 30yr

What Is TIP?

TIP, managed by iShares (BlackRock), launched in 2003, is a major ETF with deep liquidity and tight bid-ask spreads in the Inflation Protected category. Inflation-protected bond ETF investing in TIPS and other inflation-linked securities. With $25B in assets under management, it benefits from deep institutional liquidity and tight bid-ask spreads.

TIP in a FIRE Portfolio

TIPS protect your portfolio's purchasing power against inflation — critical for FIRE investors with 30-50 year retirement horizons where inflation is the silent killer.

As a portfolio hedge:

Inflation is the biggest risk for FIRE investors with 30-50 year retirements. TIPS funds like TIP adjust their principal with CPI, ensuring your purchasing power keeps pace with rising prices over decades.

Cost Analysis: How TIP's 0.19% Fee Affects Your FIRE Timeline

At 0.19%, TIP is moderately priced. Annual cost on a $100K position: $190. Over 30 years, fees could consume approximately 1.1% of total returns. On a $1M FIRE portfolio, cumulative fees approach $19,000. Compare with lower-cost peers in Inflation Protected: .

Dividend Income Potential

With a high dividend yield of approximately 3.5%, here's what TIP could generate in annual income at different portfolio sizes:

Portfolio Value Annual Dividend Income Monthly Income
$100,000 $3,500/year $292/month
$250,000 $8,750/year $729/month
$500,000 $17,500/year $1,458/month
$1,000,000 $35,000/year $2,917/month
This is a high-yield fund. A $1M position would generate $35,000/year — potentially covering a significant portion of your FIRE living expenses from dividends alone. However, high yields can sometimes signal higher risk or limited growth potential.

Frequently Asked Questions About TIP

What is the expense ratio for TIP?

TIP has an expense ratio of 0.19%. This is moderately priced — on a $100K portfolio, annual fees are $190. 11bp above the inflation protected category average of 0.08%.

Is TIP good for a FIRE portfolio?

TIPS protect your portfolio's purchasing power against inflation — critical for FIRE investors with 30-50 year retirement horizons where inflation is the silent killer. Its 0.19% expense ratio is moderately priced for the Inflation Protected category.

How does the 0.19% fee affect long-term returns?

At 0.19%, you'll pay $190/year per $100K invested. Over 30 years, fees reduce total returns by approximately 1.1%. Use the embedded calculator below to model the exact impact on your specific portfolio.

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Calculate Your FIRE Number using TIP

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