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Northern Trust iBoxx 3-Year Target Duration TIPS ETF (TDTT)

Short-Term Inflation-Protected Bond | Exchange Traded Fund | NYSEArca
23.52 USD -0.07 (-0.297%) ⇩ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 23.52

Short-term:★★⯪☆☆Long-term:★★⯪☆☆Dividends:★★★☆☆
Hot Take | Aug. 22, 2026, 2:50 a.m. EDT

The Northern Trust iBoxx 3-Year Target Duration TIPS ETF presents as a stable, defensive holding with a robust dividend yield of 5.15%, driven by regular distributions that have remained consistent over the last five years. However, the underlying asset class faces headwinds: the price has drifted lower against its 200-day average, and the long-term trajectory shows a modest cumulative decline of roughly 1.6% over the past nine years, despite a recent year-over-year recovery. While the dividend provides a strong income floor, the capital appreciation potential is muted by the secular trend of falling real yields and the asset's sensitivity to inflation expectations. For investors seeking pure inflation protection, the recent price action suggests the market is pricing in persistent deflationary pressure or sticky inflation that erodes the real value of these bonds. It remains a solid income generator, but it lacks the explosive growth or strong momentum required to be a primary wealth-building engine in the current environment.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoARIMA ✓0.011771
AutoETS0.011772
MSTL0.012136
AutoTheta0.012490

Forecast horizon: 45 days | Selected: AutoARIMA

Forecast Reliability
Score 79%
H-stat 4.82
Ljung-Box p 0.000
Jarque-Bera p 0.441
Excess Kurtosis -0.70

As of Aug. 22, 2026, 2:50 a.m. EDT: Options data is effectively absent for this instrument, with zero volume or open interest recorded for the available expiration dates. This lack of speculative positioning suggests the security is not currently a focal point for directional bets, likely due to its nature as a fixed-income hedging vehicle rather than a volatile equity play.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.76% 5.50% 4.59% 4.90%
Dividend History
Date Dividend Yield %
2026-08-03 0.178 0.756803
2026-07-01 0.231 0.975919
2026-06-01 0.276 1.148086
2026-05-01 0.138 0.566968
2026-04-01 0.050 0.206782
2025-12-19 0.087 0.361897
2025-12-01 0.088 0.364691
2025-11-03 0.095 0.393049
2025-10-01 0.066 0.271717
2025-09-02 0.110 0.451560
2025-08-01 0.079 0.325908
2025-07-01 0.104 0.431535
2025-06-02 0.081 0.336658
2025-05-01 0.137 0.565648
2025-04-01 0.187 0.772727
2025-03-03 0.037 0.152956
2025-02-03 0.018 0.075377
2024-12-20 0.060 0.254777
2024-12-02 0.066 0.277778
2024-11-01 0.050 0.210970
2024-10-01 0.058 0.241265
2024-09-03 0.038 0.159664
2024-08-01 0.069 0.291139
2024-07-01 0.122 0.520700
2024-06-03 0.187 0.796762
2024-05-01 0.173 0.740582
2024-04-01 0.123 0.522071
2023-12-15 0.010 0.042355
2023-12-01 0.080 0.341880
2023-11-01 0.125 0.539491
2023-10-02 0.063 0.273200
2023-09-01 0.091 0.390390
2023-08-01 0.073 0.312366
2023-07-03 0.134 0.573139
2023-06-01 0.090 0.380068
2023-05-01 0.144 0.603521
2023-04-03 0.106 0.439652
2022-12-16 0.095 0.402542
2022-12-01 0.050 0.209380
2022-09-01 0.305 1.257732
2022-08-01 0.250 0.998403
2022-07-01 0.111 0.444533
2022-06-01 0.298 1.182071
2022-05-02 0.186 0.733728
2022-04-01 0.157 0.613042
2022-03-01 0.047 0.178300
2022-02-01 0.141 0.544402
2021-12-17 0.127 0.485474
2021-12-01 0.042 0.159878
2021-11-01 0.026 0.098784
2021-10-01 0.095 0.361767
2021-09-01 0.206 0.782080
2021-08-02 0.174 0.655861
2021-07-01 0.181 0.687690
2021-06-01 0.152 0.572720
2021-05-03 0.118 0.444444
2021-04-01 0.071 0.269552
2020-12-18 0.012 0.046118
2020-12-01 0.037 0.143578
2020-11-02 0.071 0.276480
2020-10-01 0.038 0.147287
2020-05-01 0.068 0.274194
2020-04-01 0.074 0.302411
2019-12-20 0.061 0.247665
2019-12-02 0.024 0.097680
2019-11-01 0.004 0.016254
2019-10-01 0.047 0.191290
2019-09-03 0.010 0.040519
2019-08-01 0.056 0.228013
2019-07-01 0.136 0.554197
2019-06-03 0.135 0.549898
2018-12-21 0.050 0.210704
2018-12-03 0.033 0.138597
2018-11-01 0.018 0.075726
2018-10-01 0.005 0.020886
2018-09-04 0.043 0.178794
2018-08-01 0.116 0.484342
2018-07-02 0.099 0.409429
2018-06-01 0.058 0.239868
2018-05-01 0.110 0.455864
2018-04-02 0.058 0.238291
2017-12-21 0.034 0.139918
2017-12-01 0.123 0.504098
2017-11-01 0.044 0.179080
2017-09-01 0.015 0.060951
2017-08-01 0.013 0.052910
2017-07-03 0.064 0.261331
2017-06-01 0.010 0.040486
2017-05-01 0.067 0.271036
2017-04-03 0.087 0.350242
2016-12-22 0.021 0.085297
2016-12-01 0.047 0.190438
2016-09-01 0.070 0.284091
2016-08-01 0.087 0.351799
2016-07-01 0.025 0.100120
2014-12-29 0.018 0.074319
2014-09-02 0.020 0.080225
2014-08-01 0.057 0.227182
2014-07-01 0.052 0.206513
2014-06-02 0.059 0.234779
2013-06-03 0.048 0.191007
2012-12-03 0.048 0.188014
2012-07-02 0.072 0.285036
2012-06-01 0.116 0.459952
2011-12-28 0.035 0.139832
2011-12-01 0.011 0.043720
2011-11-01 0.022 0.087371
Additional Data
dividendYield 5.15

Info Dump

Attribute Value
All Time High 26.75
All Time Low 22.92
Ask 23.52
Ask Size 34,500
Average Daily Volume10 Day 218,050
Average Daily Volume3 Month 209,932
Average Volume 209,932
Average Volume10Days 218,050
Beta3 Year 0.32
Bid 23.51
Bid Size 45,400
Category Short-Term Inflation-Protected Bond
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 23.6
Day Low 23.51
Dividend Yield 5.15
Esg Populated 0
Exchange PCX
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 23.6808
Fifty Day Average Change -0.16079903
Fifty Day Average Change Percent -0.00679027
Fifty Two Week Change Percent -3.1609178
Fifty Two Week High 24.46
Fifty Two Week High Change -0.9399986
Fifty Two Week High Change Percent -0.038430035
Fifty Two Week Low 23.51
Fifty Two Week Low Change 0.010000229
Fifty Two Week Low Change Percent 0.00042536066
Fifty Two Week Range 23.51 - 24.46
First Trade Date Milliseconds 1,316,784,600,000
Five Year Average Return 0.0254043
Full Exchange Name NYSEArca
Fullday Change -0.0699997
Fullday Change Percent -0.296735
Fullday Price 23.52
Fund Family Northern Trust
Fund Inception Date 1,316,390,400
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Language en-US
Legal Type Exchange Traded Fund
Long Business Summary 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 three 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.
Long Name Northern Trust iBoxx 3-Year Target Duration TIPS ETF
Market us_market
Market State CLOSED
Max Age 86,400
Message Board Id finmb_140765642
Nav Price 23.5948
Net Assets 2,545,238,780.0
Net Expense Ratio 0.18
Open 23.59
Phone 1-855-353-9383
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 23.52
Post Market Time 1,787,951,100
Previous Close 23.59
Price Hint 2
Quote Source Name Delayed Quote
Quote Type ETF
Region US
Regular Market Change -0.0699997
Regular Market Change Percent -0.296735
Regular Market Day High 23.6
Regular Market Day Low 23.51
Regular Market Day Range 23.51 - 23.6
Regular Market Open 23.59
Regular Market Previous Close 23.59
Regular Market Price 23.52
Regular Market Time 1,787,947,200
Regular Market Volume 205,122
Short Name Northern Trust iBoxx 3-Year Tar
Source Interval 15
Symbol TDTT
Three Year Average Return 0.050805002
Total Assets 2,545,238,784
Tradeable 0
Trailing Peg Ratio None
Trailing Three Month Nav Returns -0.30889
Trailing Three Month Returns -0.30889
Triggerable 1
Two Hundred Day Average 24.06005
Two Hundred Day Average Change -0.5400486
Two Hundred Day Average Change Percent -0.022445865
Type Disp ETF
Volume 205,122
Yield 0.0515
Ytd Return 1.49175