TIP

iShares TIPS Bond ETF

$110.72
+0.00%
Market closed. Last update: 2:18 AM ET

📎 Investment Objective

The iShares TIPS Bond ETF (TIP) seeks to track the investment results of an index composed of inflation-protected public obligations of the U.S. Treasury, commonly known as 'TIPS'.

Overview

ETF tracking iShares TIPS Bond ETF

Issuer BlackRock
Inception Date 2003-12-05
Market Cap $14.3B
Average Volume N/A
Dividend Yield 3.43%
52-Week Range $107.93 - $112.20
VWAP $110.75

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The iShares TIPS Bond ETF (TIP) seeks to track the investment results of an index composed of inflation-protected public obligations of the U.S. Treasury, commonly known as 'TIPS'.

🎯 Investment Strategy

The ETF invests in a portfolio of TIPS that corresponds generally to the price and yield performance of the Bloomberg U.S. Treasury Inflation-Protected Securities (TIPS) Index. The fund aims to provide a hedge against inflation by investing in bonds whose principal is adjusted for changes in the Consumer Price Index.

✨ Key Features

  • Exposure to U.S. Treasury Inflation-Protected Securities (TIPS)
  • Seeks to provide a hedge against inflation
  • Tracks the Bloomberg U.S. Treasury Inflation-Protected Securities (TIPS) Index
  • Low expense ratio of 0.00%

⚠️ Primary Risks

  • Interest rate risk: TIPS prices may decline when interest rates rise
  • Inflation risk: If actual inflation is lower than expected, TIPS may underperform
  • Credit risk: The risk that the U.S. government may not be able to make timely payments on its TIPS
  • Liquidity risk: TIPS may have lower liquidity compared to other fixed income securities

👤 Best For

This ETF may be suitable for investors seeking to protect their portfolio from the effects of inflation, as part of a diversified fixed income allocation. It may be particularly useful for investors with a long-term investment horizon who want to maintain the purchasing power of their investments.