Among very few changes made in Fed statements, adjustments in inflation expectations from the prior statements call for a look at TIPS ETFs that offer robust real returns during inflationary periods, unlike its unprotected peers in the fixed-income world. Party Time for TIPS ETFs These TIPS securities pay an interest on an inflated-principal amount (principal rises with inflation) and when the securities mature, investors get either the inflation-adjusted principal or the original principal, whichever is greater. This mechanism has recently made TIPS ETFs investors' darlings as they are increasingly wagering on these inflation-protected bond ETFs.