FlexShares iBoxx 3-Year Target Duration TIPS Index Fund
FlexShares Trust · 1 share class
Fund classification
Classified from what the fund holds · as of 2026 Q2
FlexShares iBoxx 3-Year Target Duration TIPS Index Fund is a U.S. bond index ETF that tracks the iBoxx 3-Year Target Duration TIPS Index.
- Asset class
- Bonds
- Region
- United States
- Management
- Index (passive)
- Fund type
- ETF
- Rate sensitivity
- Short duration
Fund profile
As filed in the prospectus · 2026 Q1
The Fund seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the iBoxx 3-Year Target Duration TIPS Index (the Underlying Index).
The fund tracks the iBoxx 3-Year Target Duration TIPS Index, which holds inflation-protected U.S. Treasury securities with a targeted average modified adjusted duration of approximately three years and maturities between one and ten years, rebalancing monthly to maintain that duration target. The fund generally replicates the index by holding substantially all of its constituent securities in the same proportions, though it may use representative sampling when full replication is impracticable, which could cause the fund's performance to diverge from the index.
| Share class | Gross | Net |
|---|---|---|
| TDTT | 0.19% | 0.18% |
Net is what a holder pays after the adviser's contractual waiver; gross is before it. A waiver can expire.
Portfolio turnover 86.00% · as of 2026 Q1
Allocation
Asset groups · long / short shown separately, never netted · 2026 Q2
| Bonds | 99.28% |
Latest quarter
What changed since the fund's previous filing
Largest exited: United States of America ×2
Return profile
Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026
Debt profile
What this fund holds — value-weighted across its bond and securitized long positions · as of 2026-04-30
Share of the fund's debt by how its coupon behaves — the fact that decides whether a rate move reaches this portfolio at all.
| Fixed rate | 100.0% |
Share of the fund's debt value in each maturity band, shortest first.
| <1y | 3.1% |
| 1-3y | 67.6% |
| 3-5y | 24.9% |
| 5-10y | 4.4% |
Based on what filers reported; a filer that never reported a flag also reads as none.
Risk profile
Interest-rate and credit-spread sensitivity, both in years · as of 2026Q2
This fund filed the credit-spread disclosure and reported no sensitivity — measured, and the answer is none.
Where the loss would come from. The two shocks are the same size, so this is the balance of the fund's two sensitivities rather than a bet on one moving more.
| Interest rates | 100% |
Filers report the impact of a 0.01% move only, so the total is our own scaling of that one number and overstates the loss on most bonds — read it as approximate, never as precise. The two sensitivities overlap rather than add up: they measure the same positions against different shocks, which is why the durations above are shown side by side and never summed.
Share of duration at each point, shortest first. A positive figure loses value when spreads widen; a negative one offsets — a credit hedge.
| 3 mo | 0.00 yr | 0% |
| 1 yr | 0.61 yr | 37% |
| 5 yr | 1.00 yr | 62% |
| 10 yr | 0.01 yr | 1% |
Show the numbers
| Tenor | Rate yrs | IG yrs | HY yrs | IG $/bp | HY $/bp |
|---|---|---|---|---|---|
| 3 mo | +0.00 | +0.00 | +0.00 | $0 | $0 |
| 1 yr | +0.61 | +0.00 | +0.00 | $0 | $0 |
| 5 yr | +1.00 | +0.00 | +0.00 | $0 | $0 |
| 10 yr | +0.01 | +0.00 | +0.00 | $0 | $0 |
| 30 yr | +0.00 | +0.00 | +0.00 | $0 | $0 |
Dollar change per 1bp of spread movement, as filed and sign-anchored. A blank cell was not filed; a zero was.
Holdings
By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page
| Ticker | Issuer | %NAV | Value | Shares |
|---|---|---|---|---|
| — | United States of America2.13% · due 2029-04-15 | 10.75% | $277.96M | — |
| — | United States of America0.88% · due 2029-01-15 | 10.71% | $276.77M | — |
| — | United States of America2.38% · due 2028-10-15 | 10.68% | $275.94M | — |
| — | United States of America3.88% · due 2029-04-15 | 9.52% | $246.16M | — |
| — | United States of America2.50% · due 2029-01-15 | 5.13% | $132.51M | — |
| — | United States of America1.13% · due 2030-10-15 | 3.74% | $96.55M | — |
| — | United States of America1.63% · due 2030-04-15 | 3.72% | $96.08M | — |
| — | United States of America0.13% · due 2031-07-15 | 3.64% | $94.06M | — |
| — | United States of America0.13% · due 2030-07-15 | 3.56% | $91.92M | — |
| — | United States of America0.13% · due 2031-01-15 | 3.50% | $90.49M | — |
Top 10 positions are 64.94% of net assets, top 25 99.27%, across 1 issuers.
See more of this fund's book
More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.
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