About a month ago, I wrote an article about PIMCO Long-Term TIPS ETF (LTPZ). In it, I defended that the fund could be a good portfolio diversifier, especially in case inflationary pressures begin to mount as a result of this year's lavish fiscal and monetary stimuli. Also, LTPZ could be a rare beneficiary of rising rates in the fixed-income universe, since these tend to accompany periods of higher inflation.
Today, I look at a slightly different ETF that may present an even more compelling opportunity: the Vanguard Short-Term Inflation-Protected Securities ETF (VTIP