Vanguard Short-Term Inflation-Protected Securities is a great choice as an inflation hedge for risk-averse investors. This fund is tough for active managers to beat because there is limited room for them to recoup their fees without taking additional risk. The fund’s exchange-traded fund, Admiral, and Institutional share classes are among the category’s cheapest, earning Morningstar Ratings of Gold, while its more expensive Investor share class merits a Bronze rating.
Vanguard Shrt-Term Infl-Prot Sec Idx Inv VTIPX
NAV / 1-Day Return
26.30
/
0.23
%
Total Assets
15.6 Bil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
0.140%
Expense Ratio
0.140%
Fee Level
Low
Longest Manager Tenure
8.79
years
Category
Inflation-Protected Bond
Credit Quality / Interest Rate Sensitivity
High / LimitedMin. Initial Investment
3,000
Status
Limited
TTM Yield
2.15%
Effective Duration
2.70
years
Premium
Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will VTIPX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable VTIPX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the VTIPX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of VTIPX’s parent organization’s priorities and whether they’re in line with investors’ interests.
This short-term TIPS strategy is an effective inflation hedge.
