Vanguard Short-Term Inflation-Protected Securities ETF (VTIP)
Vanguard Short-Term Inflation-Protected Securities ETF operates in the Asset Management - Bonds industry of the Financial Services sector, headquartered in Malvern, PA, US. The stock last traded at $49.66, down 0.02% on the session, giving a market capitalisation of $71.13B. Its beta of 0.21 implies it has historically moved less than the broad market.
This exchange-traded fund seeks to mirror an index tracking U.S. Treasury inflation-protected securities (TIPS) with maturities of less than five years. It is designed to produce returns closely aligned with actual short-term inflation and aims to provide investors with a more stable investment profile compared to TIPS funds holding longer-dated assets. Due to its shorter duration, the fund typically incurs less real interest rate risk, though this often translates to lower overall returns when compared to longer-duration TIPS funds. Its portfolio consists of bonds guaranteed by the U.S. government, with their principal value adjusted twice a year according to inflation, thereby offering a safeguard against unforeseen increases in inflation.
Vanguard Short-Term Inflation-Protected Securities ETF is most often compared with the following Financial Services names: