IBIK

iShares iBonds Oct 2034 Term TIPS ETF

$25.95
+0.00%
Market closed. Last update: 11:57 AM ET

📎 Investment Objective

The iShares iBonds Oct 2034 Term TIPS ETF seeks to track the investment results of an index composed of U.S. Treasury Inflation-Protected Securities (TIPS) with a target maturity date of October 2034.

Overview

ETF tracking iShares iBonds Oct 2034 Term TIPS ETF

Issuer BlackRock
Inception Date 2024-05-24
Market Cap $80.4M
Average Volume N/A
Dividend Yield 4.29%
52-Week Range $24.47 - $26.45
VWAP $25.98

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The iShares iBonds Oct 2034 Term TIPS ETF seeks to track the investment results of an index composed of U.S. Treasury Inflation-Protected Securities (TIPS) with a target maturity date of October 2034.

🎯 Investment Strategy

The ETF invests in a portfolio of TIPS that mature around October 2034. TIPS are designed to provide protection against inflation by adjusting the principal value of the bonds based on changes in the Consumer Price Index.

✨ Key Features

  • Targets a specific maturity date of October 2034, providing investors with a defined time horizon
  • Invests in U.S. Treasury Inflation-Protected Securities (TIPS) to help hedge against inflation
  • Passively managed to track the performance of its underlying index
  • Low expense ratio of 0.00%

⚠️ Primary Risks

  • Interest rate risk: The value of TIPS may decline as interest rates rise
  • Inflation risk: If inflation is lower than expected, the principal value of TIPS may not increase as much as anticipated
  • Liquidity risk: The ETF may have difficulty trading certain securities at an advantageous time or price
  • Tracking error risk: The ETF may not perfectly track the performance of its underlying index

👤 Best For

The iShares iBonds Oct 2034 Term TIPS ETF may be suitable for investors seeking exposure to inflation-protected fixed income securities with a targeted maturity date. It could be a useful component of a diversified portfolio, particularly for investors with a medium-term investment horizon and a moderate risk tolerance.