"PBTP may be a good choice for investors who want the safety of U.S.-backed government debt, but are also worried that a sudden surge in inflation — and the likelihood of a resulting interest rate hike — will drag down the value of longer-dated Treasurys," the analysis says further. A TIPS ETF to Consider In today's contentious market environment where inflation is rampant, one ETF to consider is the Invesco PureBeta 0-5 Yr US TIPS ETF (PBTP). PBTP seeks to track the investment results of the ICE BofA 0-5 Year US Inflation-Linked Treasury Index.