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Amundi US TIPS UCITS ETF GBP Hedged Dist

Amundi · LU1452600601

Amundi US TIPS UCITS ETF GBP Hedged Dist is an exchange-traded fund (ETF) from Amundi, traded under the ticker TIPH (ISIN LU1452600601). It lets you buy a basket of holdings in a single trade, spreading your money across them rather than one company. In plain terms it is about lending to governments and companies in return for regular interest, which…

· Tracks the Bloomberg Capital US Government Inflation Linked Bonds TR index ?

Bond ?Distributing ?Physical ?LU ?

Low yearly feePays cash dividendsOwns the shares directlyUnited States

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Amundi funds Domiciled in LU Distributing Physically replicated United States bonds Yearly fee under 0.25%

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Fund size (AUM) ?

€1.2B

Risk level (SRI) ?

3 / 7 · Medium

1-year return ?

+1.6%

Total return · to 2026-08-14

Dividend yield

1.07%

Trailing 12 months

Yearly fee (TER) ?

0.12%

All-in cost ≈ 0.12%

About this fund

What you own

The Bloomberg Capital US Government Inflation Linked Bonds TR index is the benchmark this fund aims to copy. By holding it, this fund gives you a stake in around 48 companies across United States in a single purchase.

Dividends

The fund pays dividends out to you as cash, usually a few times a year.

You get the dividends as cash you can spend or move elsewhere, which some people like for a sense of income. If you would rather it compounded, you buy more units yourself — it will not reinvest on its own the way an accumulating version does. The same fund is often sold in both versions; what it holds underneath is identical.

How it works

The fund actually buys every share in the index it tracks (full replication).

Owning every holding keeps things transparent — what is in the index is what the fund actually owns. It can be a touch costlier to run for indexes with thousands of tiny positions, since the fund has to buy and maintain them all. There is no swap bank involved, so there is no extra “what if the partner fails” question to weigh.

Cost

0.12%Yearly fee (TER)

0.12%All-in cost

The yearly running cost of the fund, shown as a % of your money. Lower is cheaper.

For example, a 0.20% fee works out at €0.20 a year for every €100 invested — that’s a generic illustration of the mechanic, not this fund’s own fee. It is skimmed quietly from inside the fund a little each day, so you never get a bill — but it drags on your return every year you hold. On a broad index ETF it is usually a small fraction of a percent; the gap between a cheap and a pricey fund looks tiny on day one but compounds over decades, which is why it is worth a glance.

Fund facts

Index tracked ?

Bloomberg Capital US Government Inflation Linked Bonds TR

Replication ?

Physical

Full — buys every share

Regulation ?

UCITS

Yes

Launched

Feb 2017

9-year track record

Recommended holding period

3 years

Bond details

Credit quality ?

Investment Grade

Inflation-linked ?

Yes — TIPS / linker

Performance

Growth of £100 invested — both lines start at £100.

Amundi US TIPS UCITS ETF GBP Hedged Dist Average Bloomberg Capital US Government Inflation Linked Bonds TR ETF (funds we track) ?

Compared with the average fund tracking the same index — our own data, not the licensed index itself.

YTD+0.2%

1 year+1.6%

3 years+3.4%

5 years-0.8%

Return, year by year

-14.8

+2.5

+0.8

+6.6

'22'23'24'25

3 of 4 up yearsBest: 2025 +6.6%Worst: 2022 -14.8%Calendar-year total returns, in GBP

How bumpy has it been?

3.2%

Volatility (1y) ?

How much the price swings year to year — lower is calmer.

-4.9%

Worst drop (3y) ?

The biggest fall from a peak over the last three years.

0.67

Return for the risk (3y) ?

Reward earned per unit of bumpiness.

The bigger picture

-2.4%

Since inception

Total growth since launch — about -0.5% a year.

+10.6%

Best 12 months

The strongest one-year stretch on record.

-16.2%

Worst 12 months

The weakest one-year stretch on record.

-17.7%

Worst fall on record ?

It has not fully recovered yet.

Dividend history

This fund pays its dividends out to you (Annual). Recent payments per share:

Ex-date	Amount / share
2025-12-09	£1.18
2023-12-12	£0.73

What's inside

The 10 biggest holdings make up 31.8% of the fund — the rest is spread across roughly 38 more companies.

Top 10 holdings

#	Company	Weight
1	THE UNITED ST TSY 1.875% 15Jul35	3.5%
2	THE UNITED ST TSY 2.125% 15Jan35	3.4%
3	THE UNITED ST TSY 1.875% 15Jan36	3.4%
4	THE UNITED ST TSY 1.875% 15Jul34	3.2%
5	THE UNITED ST TSY 1.25% 15Apr31	3.2%
6	THE UNITED ST TSY 0.125% 15Jan32	3.1%
7	THE UNITED ST TSY 1.125% 15Oct30	3.1%
8	THE UNITED ST TSY 1.75% 15Jan34	3.0%
9	THE UNITED ST TSY 1.625% 15Apr30	3.0%
10	THE UNITED ST TSY 0.125% 15Jul31	3.0%

Where to buy this fund

Where you live:

Set from your language & location — change it if it's wrong.

Where it trades

Exchange	Ticker	Currency
LSE	TIPH	GBP	★ Primary
CHF listings
SIX	LYUSG	CHF
EUR listings
Frankfurt	AK89	EUR
GBP listings
B2	TIPH	GBP
B3	TIPHL	GBP
B3	LYUSGZ	GBP
B4	TIPHGBP	GBP
E1	TIPHEUR	GBP
E1	TIPHGBP	GBP
E1	TIPHUSD	GBP
EB	TIPHL	GBP
EO	TIPHEUR	GBP
EO	TIPHUSD	GBP
EP	TIPHGBP	GBP
EP	TIPHEUR	GBP
EU	TIPHEUR	GBP
EU	TIPHGBP	GBP
EU	TIPHUSD	GBP
EZ	TIPHEUR	GBP
EZ	TIPHGBP	GBP
IX	TIPHL	GBP
L1	LYUSGZ	GBP
L3	TIPHL	GBP
L3	LYUSGZ	GBP
LA	AK89	GBP
LU	AK89	GBP
LX	2294650D	GBP
PO	TIPHL	GBP
PO	LYUSGZ	GBP
PZ	TIPH	GBP
QX	TIPHL	GBP
S2	TIPHL	GBP
SE	LYUSG	GBP
T2	TIPH	GBP
WT	TIPH	GBP
X1	TIPHEUR	GBP
X1	TIPHUSD	GBP
X2	TIPHEUR	GBP
X2	TIPHGBP	GBP
X2	TIPHUSD	GBP
X9	TIPHGBP	GBP
XA	TIPHUSD	GBP
XA	TIPHGBP	GBP
XA	TIPHEUR	GBP
XE	TIPHEUR	GBP
XE	TIPHGBP	GBP
XE	TIPHUSD	GBP
XETRA	TIPH	GBP
XF	TIPHEUR	GBP
XF	TIPHGBP	GBP
XF	TIPHUSD	GBP
XG	TIPHUSD	GBP
XG	TIPHGBP	GBP
XG	TIPHEUR	GBP
XH	TIPHEUR	GBP
XH	TIPHGBP	GBP
XH	TIPHUSD	GBP
XJ	TIPHUSD	GBP
XJ	TIPHGBP	GBP
XJ	TIPHEUR	GBP
XL	TIPHEUR	GBP
XL	TIPHGBP	GBP
XL	TIPHUSD	GBP
XO	TIPHUSD	GBP
XO	TIPHGBP	GBP
XO	TIPHEUR	GBP
XQ	TIPHEUR	GBP
XQ	TIPHUSD	GBP
XS	TIPHGBP	GBP
XT	TIPHGBP	GBP
XU	TIPHEUR	GBP
XU	TIPHGBP	GBP
XU	TIPHUSD	GBP
XV	TIPHUSD	GBP
XV	TIPHGBP	GBP
XV	TIPHEUR	GBP
XW	TIPHEUR	GBP
XW	TIPHGBP	GBP
XW	TIPHUSD	GBP
XX	TIPHUSD	GBP
XX	TIPHGBP	GBP
XX	TIPHEUR	GBP
XY	TIPHEUR	GBP
XY	TIPHUSD	GBP
XZ	TIPHEUR	GBP
XZ	TIPHUSD	GBP

For serious comparison — full data holdings, percentiles, advanced risk, tilt, flows

Full holdings

As of 2026-08-14 · the fund's own published holdings.

#	Company	Weight
1	THE UNITED ST TSY 1.875% 15Jul35	3.5%
2	THE UNITED ST TSY 2.125% 15Jan35	3.4%
3	THE UNITED ST TSY 1.875% 15Jan36	3.4%
4	THE UNITED ST TSY 1.875% 15Jul34	3.2%
5	THE UNITED ST TSY 1.25% 15Apr31	3.2%
6	THE UNITED ST TSY 0.125% 15Jan32	3.1%
7	THE UNITED ST TSY 1.125% 15Oct30	3.1%
8	THE UNITED ST TSY 1.75% 15Jan34	3.0%
9	THE UNITED ST TSY 1.625% 15Apr30	3.0%
10	THE UNITED ST TSY 0.125% 15Jul31	3.0%
11	THE UNITED ST TSY 1.125% 15Jan33	2.9%
12	THE UNITED ST TSY 0.125% 15Jul30	2.9%
13	THE UNITED ST TSY 0.5% 15Jan28	2.9%
14	THE UNITED ST TSY 0.125% 15Jan31	2.9%
15	THE UNITED ST TSY 0.625% 15Jul32	2.8%
16	THE UNITED ST TSY 0.125% 15Jan30	2.8%
17	THE UNITED ST TSY 0.25% 15Jul29	2.8%
18	THE UNITED ST TSY 1.375% 15Jul33	2.8%
19	THE UNITED ST TSY 1.625% 15Oct29	2.8%
20	THE UNITED ST TSY 0.75% 15Jul28	2.7%
21	THE UNITED ST TSY 2.125% 15Apr29	2.6%
22	THE UNITED ST TSY 0.875% 15Jan29	2.6%
23	THE UNITED ST TSY 2.375% 15Oct28	2.6%
24	THE UNITED ST TSY 1.625% 15Oct27	2.5%
25	THE UNITED ST TSY 1.25% 15Apr28	2.5%
26	UNITED STATES TSY 3.875% 15Apr29	2.3%
27	UNITED STATES TSY 3.625% 15Apr28	2.0%
28	UNITED STATES TSY 2.125% 15Feb41	1.9%
29	UNITED STATES TSY 1.375% 15Feb44	1.5%
30	UNITED STATES TSY 0.75% 15Feb42	1.4%
31	UNITED STATES TSY 1.75% 15Jan28	1.4%
32	UNITED STATES TSY 0.625% 15Feb43	1.3%
33	THE UNITED ST TSY 2.375% 15Jul36	1.3%
34	UNITED STATES TSY 0.75% 15Feb45	1.3%
35	UNITED STATES TSY 2.5% 15Jan29	1.3%
36	UNITED STATES TSY 2.125% 15Feb40	1.2%
37	UNITED STATES TSY 1% 15Feb46	1.1%
38	UNITED STATES TSY 0.875% 15Feb47	1.0%
39	THE UNITED ST TSY 1% 15Feb48	1.0%
40	THE UNITED ST TSY 2.375% 15Feb55	1.0%
41	THE UNITED ST TSY 2.125% 15Feb54	0.9%
42	THE UNITED ST TSY 1.5% 15Feb53	0.9%
43	THE UNITED ST TSY 1% 15Feb49	0.8%
44	THE UNITED ST TSY 0.125% 15Feb52	0.7%
45	THE UNITED ST TSY 0.125% 15Feb51	0.6%
46	THE UNITED ST TSY 0.25% 15Feb50	0.6%
47	UNITED STATES TSY 3.375% 15Apr32	0.6%
48	THE UNITED ST TSY 2.375% 15Feb56	0.5%

⭳ Download full holdings (CSV)

How it ranks vs peers

🪙 Cheaper than 40% of similar ETFs💰 All-in cost cheaper than 50%📈 Higher 1-yr return than 59%📈 Higher 3-yr return than 79%📈 Higher 5-yr return than 55%📊 Beat its category by 0.7% (1-yr) (category average +0.9%)📊 Beat its category by 1.4% (3-yr) (category average +2.0%)📊 Beat its category by 1.4% (5-yr) (category average -2.2%)

Versus the Bonds · United States · GBP ETFs we track.

Advanced risk

0.96

Sortino (3y) ?

0.69

Calmar (3y) ?

2.3%

Downside deviation ?

67%

Up months (hit rate) ?

£111.82

52-week high ?

£108.77

52-week low ?

Concentration depth

~40 ?

Effective number of holdings

Roughly 48 companies are held, but the largest names carry most of the weight — so it behaves like ~40 equal-sized positions.

Estimated fund flows

+€23.8M

Estimated net flow, last month

Estimated from fund-size changes.

Documents

📄 KID (PDF)

Similar funds

We found 6 funds that do much the same job as this one. To pick them we matched this fund's asset class and region, then show how close each match is below.

Matched on🌍 United States bonds

Compare side by side

6 similar funds

	Amundi US TIPS UCITS ETF GBP Hedged DistAmundiYou're viewing	iShares $ Treasury Bond 1-3yr UCITS ETFiSharesBroader match	iShares $ Treasury Bond 1-3yr UCITS ETFiSharesBroader match	Schwab U.S. TIPS ETFSchwabBroader match	iShares $ Treasury Bond 3-7yr UCITS ETFiSharesBroader match	Schwab Intermediate-Term U.S. Treasury ETFSchwabBroader match	Schwab Short-Term U.S. Treasury ETFSchwabBroader match
Why it's similar	This is the fund on this page.	BondsPhysicalCheaper fee Tracks a different index in the same category.	BondsDistributingPhysicalCheaper fee Tracks a different index in the same category.	BondsPhysicalCheaper fee Tracks a different index in the same category.	BondsPhysicalCheaper fee Tracks a different index in the same category.	BondsPhysicalCheaper fee Tracks a different index in the same category.	BondsPhysicalCheaper fee Tracks a different index in the same category.
Index tracked	Bloomberg Capital US Government Inflation Linked Bonds TR	ICE U.S. Treasury 1-3 Year Bond Index	ICE U.S. Treasury 1-3 Year Bond Index		ICE U.S. Treasury 3-7 Year Bond Index
Yearly fee (TER)	0.12%	0.10%	0.10%	0.03%	0.10%	0.03%	0.03%
All-in cost	0.12%	0.10%	0.10%	0.00%	0.10%	0.00%	0.00%
Fund size	€1.2B	€14.9B	€14.4B	€14.1B	€12.4B	€11.4B	€10.9B
Domicile	LU	Ireland	Ireland	United States	Ireland	United States	United States
Replication	Physical (full)	Physical (full)	Physical (full)	Physical (full)	Physical (full)	Physical (full)	Physical (full)
3-yr return p.a.	+3.4%		+2.1%	+0.2%		-0.2%	+0.1%
5-yr return p.a.	-0.8%		-0.1%	-3.6%		-3.0%	-1.2%
# holdings	48	97	97	49	93	102	97

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Data as of 2026-08-14 · Source: issuer data, compiled by Finance Hamster

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