FlexShares iBoxx 3-Year Target Duration TIPS Index TDTT is a decent choice for investors seeking focused inflation protection, but it is unlikely to provide attractive risk-adjusted performance over the full business cycle relative to its Morningstar Category Index, the Bloomberg Barclays U.S. TIPS Index, as it courts much less interest rate risk. Moreover, there are cheaper alternatives for exposure to short-term Treasury Inflation-Protected Securities. Consequently, the fund has earned a Morningstar Analyst Rating of Neutral.
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.