This ETF offers exposure to short-dated TIPS, a segment of the U.S. Treasury market that may have appeal to investors looking to protect against inflation. While most investors are familiar with the nuances of TIPS, the ramifications of the shorter duration should be understood before establishing a position. While a shorter time to maturity means lower yields, it also means that investors face less in terms of interest rate risk, making these funds excellent choices for those seeking extremely safe assets. Because inflationary environment are often accompanied by rate hikes, the effectiveness of this tool may be limited in certain situations. There are a number of more broad-based ETF options for exposure to TIPS, including TIP, TIPZ, and SCHP. Moreover, ETFs focusing on the medium or long end of the duration curve may have additional benefits; these include LTPZ and IPE.