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The Vanguard Short-Term Inflation-Protected Securities ETF invests in Treasury inflation-protected securities (TIPS) with maturities of less than 5 years. That means low risk and low returns.
The ETF is designed for investors who are interested in protecting the purchasing power of their idle cash.
Though the ETF helps investors beat inflation to a large extent, it is a peer underperformer, and for this reason, I have assigned a neutral rating.