No, there isn't any such product.Is there a TIPS version of SGOV?
In other words, an ultrashort TIPS ETF? (Apologies if this doesn't make sense since the minimum TIPS term to maturity is 5 years.)
It's theoretically possible to have such a product -- after all those 5 year TIPS issued in 2019 are coming due in 2024; the 2020 TIPS mature in 2025; etc.
There are STIP and VTIP, which cover the short end of the maturity spectrum, with an average maturity around 2.5 years.
I suspect most people who want a very short bond fund like SGOV aren't too worried about inflation over the next 90 days. If they're worried about inflation for longer time frames (like the next X years), then SGOV's maturity would be a mismatch to begin with.
Statistics: Posted by sycamore — Sun Aug 11, 2024 1:39 pm