ETF Evaluator: PIMCO 1-5 Year US TIPS Index ETF () Follow This ETF

PIMCO 1-5 Year US TIPS Index ETF Overview

PIMCO 1-5 Year US TIPS Index ETF (STPZ) is a passively managed Taxable Bond Short-Term Inflation-Protected Bond exchange-traded fund (ETF). PIMCO launched the ETF in 2009.

The investment seeks to provide total return that closely corresponds, before fees and expenses, to the total return of the ICE BofA 1-5 Year U.S. Inflation-Linked Treasury Index. The fund invests at least 80% of its total assets (exclusive of collateral held from securities lending) in the component securities of the ICE BofA 1-5 Year U.S. Inflation-Linked Treasury Index (the "underlying index"). The underlying index is an unmanaged index comprised of Treasury Inflation-Protected Securities ("TIPS") with a maturity of at least 1 year and less than 5 years.

About PIMCO 1-5 Year US TIPS Index ETF (STPZ)

There are 3 members of the management team with an average tenure of 6.97 years: Daniel He (2021), Matthew Dorsten (2015) and Tanuj Dora (2021). Management tenure is more important for actively managed ETFs than passive index ETFs.

The ETF has 2 primary benchmarks: Bloomberg US Agg Bond TR USD index with a weighting of 100% and ICE BofA 1-5 US Infln-Lnkd Trsy TR USD index with a weighting of 100%. PIMCO 1-5 Year US TIPS Index ETF has 27 securities in its portfolio. The top 10 holdings constitute 69.1% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a diversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.

PIMCO 1-5 Year US TIPS Index ETF is part of the Fixed Income global asset class and is within the Taxable Bond ETF group. PIMCO 1-5 Year US TIPS Index ETF has 0.0% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 0.0% There is 0.0% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 100.3% (100.3% domestic bond, 0.0% foreign bond and 0.0% convertible bond). PIMCO 1-5 Year US TIPS Index ETF has -0.3% of the portfolio in cash.

Assets Under Management

The fund has $519 million in total assets, which is below the $3 billion average for the Short-Term Inflation-Protected Bond category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.

STPZ Performance and Fees

The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The PIMCO 1-5 Year US TIPS Index ETF expense ratio is below average compared to funds in the Short-Term Inflation-Protected Bond category. PIMCO 1-5 Year US TIPS Index ETF has an expense ratio of 0.20%, which is 51% higher than its category average, making the fund expense ratio grade a F. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.

High portfolio turnover can translate to higher expenses and lower aftertax returns. PIMCO 1-5 Year US TIPS Index ETF has a portfolio turnover rate of 42%, which indicates that it holds its assets around / 0.0 years. By way of comparison, the average portfolio turnover is 38% for the Short-Term Inflation-Protected Bond category.

Recently, in the month of July 2026, PIMCO 1-5 Year US TIPS Index ETF returned 0.2%, which earned it a grade of C, as the Short-Term Inflation-Protected Bond category had an average return of 0.2%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.

PIMCO 1-5 Year US TIPS Index ETF has a trailing yield of 4.76%, which is equal to the 4.76% category average. The fund normally distributes its income monthly and its capital gains annually.

It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.

PIMCO 1-5 Year US TIPS Index ETF Grades

Year to date, the ETF has returned 1.6%, 0.3 percentage points worse than the category, which translates into a grade of D. The fund has returned 3.1% over the past year (grade of D), 4.9% over the past three years (grade of D) and 2.6% per year over the past five years (grade of D) and 2.8% per year over the past 10 years (grade of D).

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