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
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
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