ATLASNorthern Trust iBoxx 5-Year Target Duration TIPS ETF (TDTF): outlook, holdings and fees
Northern Trust iBoxx 5-Year Target Duration TIPS ETF (TDTF) is an exchange-traded fund and is managed by Northern Trust. The expense ratio is 0.18% and the yield is 5.59%. The ten largest holdings are 27% of the fund.
Fund data as of Oct 14, 2026 · Price Nov 2, 2026
ATLAS view on TDTF
| Last price | $23.13 (-0.5%) |
|---|---|
| ATLAS chance of a higher price in 1 month | 69% |
| Likely 1-month range (50%) | $23.08 – $23.44 |
| Normal 1-day range (±1σ) | ±0.3% |
| Distribution yield | 5.59% |
ATLAS probabilities use the same calibrated model as every stock page. A fair value is shown for companies, not funds; the holdings below link to the fair value of each company.
TDTF fund facts
| Issuer | Northern Trust |
|---|---|
| Theme | Inflation-linked bonds |
| Assets under management | $1.1B |
| Expense ratio | 0.18% |
| Number of holdings | 6 |
| Portfolio turnover | 50% |
| Inception | Sep 19, 2011 |
| Exchange | NYSE |
The underlying index reflects the performance of a selection of inflation protected public obligations of the U.S. treasury, commonly known as TIPS, with a targeted average modified adjusted duration, as defined by the S&P Dow Jones Indices LLC as the index provider, of approximately five years. Under normal circumstances, the fund will invest at least 80% of its total assets (exclusive of collateral held from securities lending) in the securities of the underlying index.
TDTF top holdings
| Holding | Sector | Weight |
|---|---|---|
| United States Treasury Notes 0.62% | – | 4.86% |
| United States Treasury Bonds 3.62% | – | 4.66% |
| United States Treasury Notes 0.38% | – | 4.29% |
| United States Treasury Notes 0.25% | – | 4.42% |
| United States Treasury Notes 0.12% | – | 4.38% |
| United States Treasury Notes 0.5% | – | 4.08% |
Holdings with an ATLAS page link to their probability range, fair value and earnings calendar.
TDTF returns and risk
| Year to date | -1.2% |
|---|---|
| 1 year | -1.3% |
| 3 years (annualised) | +4.4% |
| 5 years (annualised) | +0.8% |
| 10 years (annualised) | +2.6% |
| Volatility (3 years) | 4.1% |
| Sharpe ratio (3 years) | -0.07 |
Past returns do not guarantee future results.
TDTF: frequently asked questions
What does TDTF invest in?
Northern Trust iBoxx 5-Year Target Duration TIPS ETF invests in a portfolio of securities. Its largest holdings are United States Treasury Notes 0.62% (4.9%), United States Treasury Bonds 3.62% (4.7%), United States Treasury Notes 0.38% (4.3%), United States Treasury Notes 0.25% (4.4%), United States Treasury Notes 0.12% (4.4%).
What is the TDTF expense ratio?
0.18% a year: about $18.00 for every $10,000 invested.
What is the TDTF dividend yield?
5.59%. ATLAS does not hold the exact distribution dates for ETFs.
Will TDTF go up?
Nobody can know. The ATLAS model puts the chance of a higher price in one month at 69%, with a likely range (50%) of $23.08 to $23.44 from $23.13 today. It is a probability, not a prediction.
How has TDTF performed?
Year to date -1.2%, one year -1.3%, three years +4.4% a year, five years +0.8% a year. Past returns do not guarantee future results.
Similar ETFs: Inflation-linked bonds
- Schwab U.S. TIPS ETF (SCHP)
- iShares TIPS Bond ETF (TIP)
- FlexShares iBoxx 3-Year Target Duration TIPS Index Fund (TDTT)
- State Street SPDR Bloomberg 1-10 Year TIPS ETF (TIPX)
- Dimensional Inflation-Protected Securities ETF (DFIP)
- PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund (LTPZ)
- SPDR Portfolio TIPS ETF (SPIP)
- PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund (STPZ)
Educational information, not investment advice. Disclaimer