Getting TIPS Exposure in One ETF One way to get exposure to TIPS is via exchange traded funds (ETFs) like the Invesco PureBeta 0-5 Yr US TIPS ETF (PBTP). If the Fed raises interest rates in the near future, PBTP limits duration to five years or less, thereby limiting rate risk. PBTP seeks to track the investment results of the ICE BofA 0-5 Year US Inflation-Linked Treasury Index.