Northern Trust iBoxx 5-Year Target Duration TIPS ETF (TDTF)
Northern Trust iBoxx 5-Year Target Duration TIPS ETF operates in the Asset Management - Bonds industry of the Financial Services sector, headquartered in Chicago, IL, US. The stock last traded at $22.77, up 0.31% on the session, giving a market capitalisation of $1.01B. Its beta of 0.64 implies it has historically moved less than the broad market.
This fund caters to investors looking for protection against inflation through Treasury Inflation-Protected Securities (TIPS), specifically those with a focused duration strategy. The FlexShares iBoxx 5-Year Target Duration TIPS Index Fund aims to replicate the price and income performance of its benchmark, the iBoxx 5-Year Target Duration TIPS Index, prior to accounting for any fees or expenses.
Northern Trust iBoxx 5-Year Target Duration TIPS ETF is most often compared with the following Financial Services names: