# Portfolio overlap — TIPD vs FIPDX

Comparing **Northern Trust 2055 Inflation-Linked Distributing Ladder ETF** (2026-03-31) and **Fidelity Inflation-Protected Bond Index Fund** (2026-03-31).

- Shared positions: 25
- Northern Trust 2055 Inflation-Linked Distributing Ladder ETF covered by Fidelity Inflation-Protected Bond Index Fund: 0.4358549983559491736383233604
- Fidelity Inflation-Protected Bond Index Fund covered by Northern Trust 2055 Inflation-Linked Distributing Ladder ETF: 0.4358549983559491736383233606

## Northern Trust 2055 Inflation-Linked Distributing Ladder ETF — top positions

| Security | Weight | Shared |
|----------|--------|--------|
| U.S. TREASURY INFLATION-PROTECTED SECURITIES 2 1/8% 02/15/40 | 0.092737 | ✓ |
| U.S. Treasury Inflation-Protected Indexed Bonds | 0.090491 | ✓ |
| U.S. Treasury Inflation-Protected Indexed Notes | 0.065594 | ✓ |
| U.S. Treasury Notes | 0.063476 | ✓ |
| U.S. TREASURY INFLATION-PROTECTED SECURITIES .125 07/15/2030 | 0.038171 | ✓ |
| U.S. TREASURY INFLATION-PROTECTED SECURITIES 0-1/8% 10/15/2026 | 0.037952 |  |
| U.S. TREASURY INFLATION-PROTECTED SECURITIES 1-3/8% 02/15/2044 | 0.036439 | ✓ |
| U.S. TREASURY INFLATION-PROTECTED SECURITIES 0-1/8% 07/15/2031 | 0.035840 | ✓ |
| U.S. TREASURY INFLATION-PROTECTED SECURITIES 1-5/8% 10/15/27 | 0.035245 | ✓ |
| U.S. TREASURY INFLATION-PROTECTED SECURITIES 0-3/4% 02/15/2042 | 0.035042 | ✓ |
| U.S. TREASURY INFLATION-PROTECTED SECURITIES 2.375% 10/15/2028 | 0.034751 | ✓ |
| U.S. TREASURY INFLATION-PROTECTED SECURITIES 0-5/8% 07/15/2032 | 0.033387 | ✓ |
| U.S. Treasury Inflation-Protected Indexed Notes | 0.033191 | ✓ |
| U.S. TREASURY INFLATION-PROTECTED SECURITIES 1.375 07/15/33 | 0.033092 | ✓ |
| U.S. TREASURY INFLATION-PROTECTED SECURITIES 0-5/8% 02/15/2043 | 0.032932 | ✓ |
| U.S. TREASURY INFLATION-PROTECTED SECURITIES 1% 02/15/46 | 0.032170 | ✓ |
| U.S. TREASURY INFLATION-PROTECTED SECURITIES 0-3/4% 02/15/2045 | 0.031353 | ✓ |
| U.S. Treasury Inflation-Protected Indexed Bonds | 0.030279 | ✓ |
| U.S. TREASURY INFLATION-PROTECTED SECURITIES 0-7/8% 02/15/2047 | 0.030199 | ✓ |
| U.S. TREASURY INFLATION-PROTECTED SECURITIES 1% 02/15/48 | 0.029938 | ✓ |
| U.S. Treasury Inflation-Protected Notes 2.125%, Due 02/15/2054 | 0.029526 | ✓ |
| U.S. Treasury Inflation Linked Bonds | 0.028912 | ✓ |
| U.S. TREASURY INFLATION-PROTECTED SECURITIES 1.50% 2/15/2053 | 0.026505 | ✓ |
| U.S. TREASURY INFLATION-PROTECTED SECURITIES 0.25% 02/15/2050 | 0.022624 | ✓ |
| U.S. Treasury Inflation-Protected Indexed Bonds | 0.020990 | ✓ |
| U.S. TREASURY INFLATION-PROTECTED SECURITIES 0-1/8%  02/15/2052 | 0.019162 | ✓ |

## Fidelity Inflation-Protected Bond Index Fund — top positions

| Security | Weight | Shared |
|----------|--------|--------|
| U.S. Treasury Inflation-Protected Indexed Notes | 0.040490 | ✓ |
| U.S. Treasury Inflation-Protected Indexed Notes | 0.040075 |  |
| U.S. Treasury Notes | 0.039764 | ✓ |
| U.S. TREASURY INFLATION-PROTECTED SECURITIES 1.375 07/15/33 | 0.036575 | ✓ |
| U.S. TREASURY INFLATION-PROTECTED SECURITIES 0-5/8% 07/15/2032 | 0.035230 | ✓ |
| U.S. TREASURY INFLATION-PROTECTED SECURITIES 0-1/8% 04/15/2027 | 0.034278 |  |
| U.S. Treasury Inflation-Protected Indexed Notes | 0.032981 | ✓ |
| U.S. Treasury Inflation-Protected Notes 1.75%, Due 01/15/2034 | 0.032638 |  |
| U.S. TREASURY INFLATION-PROTECTED SECURITIES 0-1/8% 01/15/2031 | 0.032396 |  |
| U.S. Treasury Notes | 0.031104 |  |
| U.S. TREASURY INFLATION-PROTECTED SECURITIES 2.375% 10/15/2028 | 0.031092 | ✓ |
| U.S. TREASURY INFLATION-PROTECTED SECURITIES 1.125% 01/15/2033 | 0.030964 |  |
| U.S. TREASURY INFLATION-PROTECTED SECURITIES .125 07/15/2030 | 0.030843 | ✓ |
| U.S. TREASURY INFLATION-PROTECTED SECURITIES 0-1/8% 07/15/2031 | 0.029985 | ✓ |
| U.S. Treasury Notes | 0.029584 |  |
| U.S. Treasury Notes 0.125%, Due 1/15/2030 | 0.028565 |  |
| U.S. TREASURY INFLATION-PROTECTED SECURITIES 1.250 04/15/2028 | 0.028399 |  |
| U.S. Treasury Inflation-Linked Notes | 0.028146 |  |
| U.S. TREASURY INFLATION-PROTECTED SECURITIES .25%  07/15/29 | 0.027894 |  |
| U.S. TREASURY INFLATION-PROTECTED SECURITIES 0-1/2% 01/15/2028 | 0.027760 |  |
| U.S. TREASURY INFLATION-PROTECTED SECURITIES 1-5/8% 10/15/27 | 0.027648 | ✓ |
| U.S. TREASURY INFLATION-PROTECTED SECURITIES 0-1/8%  01/15/32 | 0.026958 |  |
| U.S. TREASURY INFLATION-PROTECTED SECURITIES 0-3/4% 07/15/2028 | 0.024049 |  |
| U.S. TREASURY INFLATION-PROTECTED SECURITIES 0-3/8% 07/15/2027 | 0.020856 |  |
| U.S. TREASURY INFLATION-PROTECTED SECURITIES 3-5/8% 04/15/28 | 0.017717 |  |
| U.S. TREASURY INFLATION-PROTECTED SECURITIES .875% 01/15/2029 | 0.016719 |  |
| U.S. Treasury Inflation-Indexed Notes | 0.014777 |  |
| U.S. TREASURY INFLATION-PROTECTED SECURITIES 2-1/2% 01/15/29 | 0.013932 |  |
| U.S. TREASURY INFLATION-PROTECTED SECURITIES 1-3/8% 02/15/2044 | 0.013777 | ✓ |
| U.S. Treasury Inflation-Protected Indexed Bonds | 0.013193 | ✓ |
| U.S. TREASURY INFLATION-PROTECTED SECURITIES 3-7/8% 04/15/29 | 0.012840 |  |
| U.S. TREASURY INFLATION-PROTECTED SECURITIES 0-3/4% 02/15/2045 | 0.012341 | ✓ |
| U.S. TREASURY INFLATION-PROTECTED SECURITIES 1.50% 2/15/2053 | 0.011301 | ✓ |
| U.S. TREASURY INFLATION-PROTECTED SECURITIES 0-3/4% 02/15/2042 | 0.011301 | ✓ |
| Fidelity Securities Lending Cash Central Fund | 0.010993 |  |
| U.S. TREASURY INFLATION-PROTECTED SECURITIES 0-7/8% 02/15/2047 | 0.009590 | ✓ |
| U.S. TREASURY INFLATION-PROTECTED SECURITIES 0-5/8% 02/15/2043 | 0.009230 | ✓ |
| U.S. TREASURY INFLATION-PROTECTED SECURITIES 3-3/8% 04/15/32 | 0.009109 |  |
| U.S. TREASURY INFLATION-PROTECTED SECURITIES 0.25% 02/15/2050 | 0.007968 | ✓ |
| U.S. TREASURY INFLATION-PROTECTED SECURITIES 1-3/4% 01/15/28 | 0.007904 |  |
| U.S. Treasury Inflation-Protected Indexed Bonds | 0.007790 | ✓ |
| U.S. TREASURY INFLATION-PROTECTED SECURITIES 0-1/8%  02/15/2052 | 0.006942 | ✓ |
| U.S. Treasury Inflation-Protected Notes 2.125%, Due 02/15/2054 | 0.006882 | ✓ |
| U.S. TREASURY INFLATION-PROTECTED SECURITIES 2 1/8% 02/15/40 | 0.006532 | ✓ |
| U.S. TREASURY INFLATION-PROTECTED SECURITIES 1% 02/15/48 | 0.006417 | ✓ |
| UNITED STATES TREASURY INFLATION INDEXED BONDS I/L 2.375% 02-15-56 | 0.005754 |  |
| U.S. Treasury Inflation-Protected Indexed Bonds | 0.005529 | ✓ |
| Fidelity Cash Central Fund | 0.005409 |  |
| U.S. TREASURY INFLATION-PROTECTED SECURITIES 1% 02/15/46 | 0.005347 | ✓ |
| U.S. Treasury Inflation Linked Bonds | 0.002432 | ✓ |


## Sources

- N-PORT (fund A) — accession `0002071691-26-012333` (as of 2026-03-31)
  <https://www.sec.gov/Archives/edgar/data/916620/000207169126012333/0002071691-26-012333-index.htm>
- N-PORT (fund B) — accession `0000035402-26-003383` (as of 2026-03-31)
  <https://www.sec.gov/Archives/edgar/data/35315/000003540226003383/0000035402-26-003383-index.htm>

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