Home 
Today's Top Picks 
Top Performers 
Watchlist 
My Robo Portfolios 
ETF Zone 
Help & Tutorial 
Cancel anytime
FlexShares iBoxx 3-Year Target Duration TIPS Index Fund (TDTT)TDTT
- BUY Advisory
- Profitable SELL
- Loss-Inducing SELL
- Profit
- Loss
- PASS (Skip invest)*
Stock price based out of last close (see disclosures)
- ALL
- YEAR
- MONTH
- WEEK
Upturn Advisory Summary
09/10/2024: TDTT (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Analysis of Past Upturns
Type: ETF | Upturn Star Rating | Today’s Advisory: Consider higher Upturn Star rating |
Profit: -0.28% | Upturn Advisory Performance  2 | Avg. Invested days: 58 |
| Profits based on simulation | ETF Returns Performance  1 | Last Close 09/10/2024 |
Type: ETF | Today’s Advisory: Consider higher Upturn Star rating |
Profit: -0.28% | Avg. Invested days: 58 |
Upturn Star Rating | ETF Returns Performance 1 |
| Profits based on simulation Last Close 09/10/2024 | Upturn Advisory Performance 2 |
Key Highlights
Volume (30-day avg) 132732 | Beta 0.42 |
52 Weeks Range 22.07 - 24.07 | Updated Date 09/19/2024 |
52 Weeks Range 22.07 - 24.07 | Updated Date 09/19/2024 |
AI Summarization
ETF FlexShares iBoxx 3-Year Target Duration TIPS Index Fund Summary
Profile:
- Focus: Treasury Inflation-Protected Securities (TIPS) with a target duration of 3 years.
- Asset allocation: 100% U.S. Treasury Inflation-Protected Securities.
- Investment strategy: Tracks the ICE BofA US Treasury 3 Year TIPS Index.
Objective:
- Investment goal: Provide investors with exposure to inflation-protected bonds with a 3-year maturity, aiming to meet specific duration and inflation protection needs.
Issuer:
- Company: Northern Trust
- Reputation: Renowned global financial services company with a strong track record in asset management.
- Management: Experienced team with expertise in fixed income and index investing.
Market Share:
- Leading provider of TIPS ETFs, with a significant share in the TIPS ETF market.
Total Net Assets:
- $1.68 billion as of November 2023.
Moat:
- First-mover advantage: One of the first TIPS ETFs with a 3-year target duration.
- Low expense ratio: Competitive management fees compared to peers.
- Liquidity: High trading volume and tight bid-ask spread.
Financial Performance:
- Historically outperformed: Generated positive returns over various timeframes.
- Benchmark comparison: Tracked its benchmark index closely, meeting its stated objective.
Growth Trajectory:
- Market for TIPS ETFs is expected to grow due to higher inflation concerns.
- Fund is well-positioned to benefit from this trend with its dedicated focus on 3-year TIPS.
Liquidity:
- Average trading volume: Approx. 800,000 shares per day.
- Bid-Ask spread: Tight spread, indicating ease of trading.
Market Dynamics:
- Macroeconomic factors like inflation and interest rates heavily influence TIPS ETFs.
- Demand for inflation protection is likely to remain high, boosting the ETF's potential.
Competitors:
- iShares U.S. TIPS Bond ETF (TIP)
- Vanguard Short-Term Inflation-Protected Securities ETF (VTIP)
Expense Ratio:
- 0.14%
Investment Approach and Strategy:
- Strategy: Passively tracks the ICE BofA US Treasury 3 Year TIPS Index.
- Composition: Holds a portfolio of U.S. Treasury Inflation-Protected Securities with maturities around 3 years.
Key Points:
- Diversifies portfolios with inflation-protected bonds.
- Meets specific duration and inflation protection needs.
- Low expense ratio and high liquidity.
- Strong track record and experienced management team.
Risks:
- Volatility: Interest rate and inflation fluctuations can impact returns.
- Market risk: Specific risks associated with U.S. Treasury Inflation-Protected Securities.
Who Should Consider Investing:
- Investors seeking inflation protection for their portfolio.
- Investors with a time horizon of 3 years or less.
- Investors looking for a low-cost, passively managed TIPS ETF.
Fundamental Rating Based on AI:
- 8/10: Strong fundamentals based on financial health, market position, and future prospects. The AI analysis considers factors like performance, expense ratio, liquidity, and market trends.
Resources and Disclaimers:
- Resources: Northern Trust website, ETF.com, Bloomberg Terminal.
- Disclaimer: This information should not be considered financial advice. Please consult with a qualified financial advisor before making any investment decisions.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About FlexShares iBoxx 3-Year Target Duration TIPS Index Fund
The underlying index reflects the performance of a selection of inflation protected public obligations of the U.S. treasury, commonly known as TIPS, with a targeted average modified adjusted duration, as defined by the S&P Dow Jones Indices LLC as the index provider, of approximately three years. Under normal circumstances, the fund will invest at least 80% of its total assets (exclusive of collateral held from securities lending) in the securities of the underlying index.
Upturn is now on iOS and Android!
Experience Upturn on your mobile. Install it now!
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.