Gold, commodities, and Treasury inflation-protected securities (TIPS) are just a few ways to hedge against inflation. IAU provides investors: Exposure to the day-to-day movement of the price of gold bullion Convenient, cost-effective access to physical gold Use to diversify your portfolio and help protect against inflation 2. iShares TIPS Bond ETF (TIP) TIP seeks to track the investment results of Bloomberg Barclays U.S. Treasury Inflation Protected Securities (TIPS) Index (Series-L), which is composed of inflation-protected U.S. Treasury bonds. TIP provides investors: Exposure to U.S.