iShares TIPS Bond ETF TIP NYSE

iShares TIPS Bond ETF (TIP) is an exchange-traded fund that invests at least 80% of its assets in securities tracking its underlying index, with a minimum of 90% allocated to U.S. Treasury inflation-protected securities (TIPS). The fund's index comprises all publicly-issued U.S. Treasury TIPS with at least one year remaining to maturity, investment-grade ratings, and a minimum of $300 million in outstanding face value. By focusing on inflation-protected Treasury securities, the fund aims to provide investors with exposure to U.S. government debt that adjusts principal values based on inflation rates.