Morningstar Rating

ETF Research and Analysis

by Thomas Boccellari
PIMCO 1-5 Year U.S. TIPS ETF STPZ tracks a market-cap-weighted portfolio of Treasury Inflation-Protected Securities with maturities between one and five years. Because the fund targets short-term-maturity TIPS, its duration   Read more 

Bull Case

By investing in TIPS, the fund provides protection against unexpected inflation.
Short-term TIPS have less sensitivity to interest rates and can provide better protection against inflation than long-term TIPS.  Read more 

Bear Case

If inflation rises slowly, the fund may underperform non-inflation-protected Treasuries.
Deflation could cause the fund to suspend distribution of monthly interest payments. Read more 

This ETF Takes the Euro Out of European Dividend Payers 
Watch more 

Premium Membership

View all of our analyst reports with a free trial to Premium.