FlexShares iBoxx 3-Year Target Duration TIPS ETF TDTT is a solid inflation hedge. While it maintains a durable cost advantage over a lot of its category peers, there are cheaper alternatives. And its short duration limits its returns relative to the Bloomberg Barclays U.S. TIPS Index. As a result, the strategy has been downgraded to a Morningstar rating of Neutral from Silver.
Will TDTT outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable TDTT’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the TDTT management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of TDTT’s parent organization’s priorities and whether they’re in line with investors’ interests.