Invesco Short Duration Inflation Protected Fund (ALMIX) belongs to the Inflation-Protected Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with ALMIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to ALMIX
ALMIX charges 0.30% annually. There are 20 mutual funds in the Inflation-Protected Bonds category with lower expense ratios, going as low as 0.02%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| SEI Institutional Investments Trust Real Return Fu... | 0.02% | — | Dec 2006 | ALMIX vs RRPAX | |
| Vanguard Short-Term Inflation-Protected Securities... | 0.04% | — | Oct 2012 | ALMIX vs VTSPX | |
| Fidelity Inflation-Protected Bond Index Fund | 0.05% | — | May 2012 | ALMIX vs FIPDX | |
| Schwab Treasury Inflation Protected Securities Ind... | 0.05% | — | Mar 2006 | ALMIX vs SWRSX | |
| Fidelity SAI Inflation-Protected Bond Index Fund | 0.05% | — | Aug 2024 | ALMIX vs FSPWX |
Best Risk-Adjusted Alternatives to ALMIX
ALMIX has a PortfoliosLab risk / return rank of 84. There are 10 mutual funds in the Inflation-Protected Bonds category with higher risk-adjusted ranks, going as high as 94.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Short-Term Inflation-Protected Securities... | 94 | — | Oct 2012 | ALMIX vs VTSPX | |
| Vanguard Short-Term Inflation-Protected Securities... | 94 | 68.50B | Oct 2012 | ALMIX vs VTAPX | |
| Vanguard Short-Term Inflation-Protected Securities... | 93 | — | Oct 2012 | ALMIX vs VTIPX | |
| Fidelity Series 0-5 Year Inflation-Protected Bond ... | 93 | — | Jan 2022 | ALMIX vs FSTZX | |
| Allspring Real Return Fund | 91 | — | Feb 2003 | ALMIX vs IPBAX |
Top Performing ALMIX Alternatives (YTD)
ALMIX is at 1.89% YTD. There are 15 mutual funds in the Inflation-Protected Bonds category with higher YTD returns, going as high as 15.33%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Allspring Real Return Fund | 15.33% | — | Feb 2003 | ALMIX vs IPBAX | |
| SEI Multi-Asset Real Return Fund Class A | 8.10% | — | Jul 2011 | ALMIX vs SEIAX | |
| DFA Global Core Plus Real Return Portfolio | 3.06% | — | May 2021 | ALMIX vs DFAAX | |
| VY BlackRock Inflation Protected Bond Portfolio | 2.43% | — | Apr 2007 | ALMIX vs IBRIX | |
| VALIC Company I Inflation Protected Fund | 2.23% | — | Dec 2004 | ALMIX vs VCTPX |
Lowest Volatility Alternatives to ALMIX
ALMIX has 1.81% 1-year volatility. There are 7 mutual funds in the Inflation-Protected Bonds category with lower 1-year volatility, going as low as 1.50%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Eaton Vance Short Duration Inflation-Protected Inc... | 1.50% | — | Mar 2010 | ALMIX vs EARRX | |
| Vanguard Short-Term Inflation-Protected Securities... | 1.51% | — | Oct 2012 | ALMIX vs VTIPX | |
| Vanguard Short-Term Inflation-Protected Securities... | 1.52% | — | Oct 2012 | ALMIX vs VTSPX | |
| Vanguard Short-Term Inflation-Protected Securities... | 1.52% | 68.50B | Oct 2012 | ALMIX vs VTAPX | |
| Eaton Vance Short Duration Inflation-Protected Inc... | 1.55% | — | Mar 2010 | ALMIX vs EIRRX |
Lowest Drawdown Alternatives to ALMIX
ALMIX has a 1-year max drawdown of -0.80%. There are 6 mutual funds in the Inflation-Protected Bonds category with shallower 1-year drawdowns, going as shallow as -0.70%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Series 0-5 Year Inflation-Protected Bond ... | -0.70% | — | Jan 2022 | ALMIX vs FSTZX | |
| Vanguard Short-Term Inflation-Protected Securities... | -0.72% | — | Oct 2012 | ALMIX vs VTIPX | |
| Vanguard Short-Term Inflation-Protected Securities... | -0.72% | — | Oct 2012 | ALMIX vs VTSPX | |
| Vanguard Short-Term Inflation-Protected Securities... | -0.72% | 68.50B | Oct 2012 | ALMIX vs VTAPX | |
| American Century Short Duration Inflation Protecti... | -0.76% | 1.19B | May 2005 | ALMIX vs APOIX |
Other Mutual Funds from Invesco
The 10 most viewed Invesco mutual funds shown here include IVNQX, VADAX, OPGSX and span 8 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Invesco Nasdaq 100 Index Fund | Large Cap Growth Equities | 76 | 21.57% | — | Oct 2020 | ALMIX vs IVNQX | |
| Invesco Equally-Weighted S&P 500 Fund Class A | Large Cap Blend Equities | 41 | 9.93% | — | — | ALMIX vs VADAX | |
| Invesco Gold & Special Minerals Fund | Precious Metals | 28 | 3.54% | — | Jul 1983 | ALMIX vs OPGSX | |
| Invesco Value Opportunities Fund | Mid Cap Value Equities | 87 | 23.96% | — | Jun 2001 | ALMIX vs VVOAX | |
| Invesco American Franchise Fund Class A | Large Cap Growth Equities | 16 | 9.63% | — | Jun 2005 | ALMIX vs VAFAX | |
| Invesco Comstock Fund | Large Cap Value Equities | 59 | 9.14% | — | Oct 1968 | ALMIX vs ACSTX | |
| Invesco Main Street Fund | Large Cap Blend Equities | 41 | 6.01% | — | Feb 1988 | ALMIX vs MSIGX | |
| Invesco Small Cap Value Fund | Small Cap Value Equities | 89 | 31.33% | — | Jun 1999 | ALMIX vs VSCAX | |
| Invesco Equity and Income Fund | Diversified Portfolio | 67 | 6.02% | — | Aug 1960 | ALMIX vs ACEIX | |
| Invesco Global Fund | Global Equities | 25 | 9.82% | — | Dec 1969 | ALMIX vs OPPAX |
Often Compared With ALMIX
Investors most often compare ALMIX with TQQQ, TRBFX, FFNYX. These 6 comparison targets span 3 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| ProShares UltraPro QQQ | Leveraged Equities | 71 | 64.46% | 39.77B | Feb 2010 | ALMIX vs TQQQ | |
| T. Rowe Price Limited Duration Inflation Focused B... | Inflation-Protected Bonds | 19 | 1.76% | — | Sep 2006 | ALMIX vs TRBFX | |
| Fidelity SAI 0-5 Year Inflation-Protected Bond Ind... | Inflation-Protected Bonds | — | — | — | Nov 2025 | ALMIX vs FFNYX | |
| iShares Short-Term TIPS Bond Index Fund | Inflation-Protected Bonds | 75 | 1.98% | — | Feb 2016 | ALMIX vs BIIPX | |
| Invesco Equally-Weighted S&P 500 Fund | S&P 500 | 42 | 10.05% | — | Jul 1997 | ALMIX vs VADDX | |
| Lord Abbett Inflation Focused Fund | Inflation-Protected Bonds | 84 | 2.03% | — | Apr 2011 | ALMIX vs LIFIX |
Compare ALMIX with Any Fund or Stock
Compare ALMIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair ALMIX with funds that move differently
Invesco Short Duration Inflation Protected Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to ALMIX.
Explore ALMIX Diversifiers