TIP

The iShares iShares TIPS Bond ETF (TIP) is an exchange-traded fund (ETF) that tracks the performance of the Bloomberg U.S. Treasury Inflation-Protected Securities (TIPS) Index. The fund is managed by iShares and was launched in 2003.

The Bloomberg U.S. Treasury Inflation-Protected Securities (TIPS) Index measures the performance of all U.S. Treasury Inflation-Protected Securities (TIPS) in the Bloomberg U.S. Treasury Index. TIPS coupon and principal payments are adjusted for changes in the Consumer Price Index (CPI), offering investors direct protection against inflation.

TIP is a passively managed index ETF that seeks to replicate the holdings and performance of its benchmark with low tracking error. It is suitable for investors seeking broad, low-cost market exposure.