APOIX Alternatives & Similar Mutual Funds

American Century Short Duration Inflation Protection Bond Fund Investor Class (APOIX) 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 APOIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to APOIX

APOIX charges 0.57% annually. There are 39 mutual funds in the Inflation-Protected Bonds category with lower expense ratios, going as low as 0.02%.

Symbol	Name	Expense Ratio	AUM	Inception
RRPAX	SEI Institutional Investments Trust Real Return Fu...	0.02%	—	Dec 2006	APOIX vs RRPAX
VTSPX	Vanguard Short-Term Inflation-Protected Securities...	0.04%	—	Oct 2012	APOIX vs VTSPX
FSPWX	Fidelity SAI Inflation-Protected Bond Index Fund	0.05%	—	Aug 2024	APOIX vs FSPWX
FFNYX	Fidelity SAI 0-5 Year Inflation-Protected Bond Ind...	0.05%	—	Nov 2025	APOIX vs FFNYX
SWRSX	Schwab Treasury Inflation Protected Securities Ind...	0.05%	—	Mar 2006	APOIX vs SWRSX

Best Risk-Adjusted Alternatives to APOIX

APOIX has a PortfoliosLab risk / return rank of 61. There are 7 mutual funds in the Inflation-Protected Bonds category with higher risk-adjusted ranks, going as high as 88.

Symbol	Name	Risk / Return Rank	AUM	Inception
IPBAX	Allspring Real Return Fund	88	—	Feb 2003	APOIX vs IPBAX
VTSPX	Vanguard Short-Term Inflation-Protected Securities...	85	—	Oct 2012	APOIX vs VTSPX
VTIPX	Vanguard Short-Term Inflation-Protected Securities...	84	—	Oct 2012	APOIX vs VTIPX
VTAPX	Vanguard Short-Term Inflation-Protected Securities...	84	70.50B	Oct 2012	APOIX vs VTAPX
FSTZX	Fidelity Series 0-5 Year Inflation-Protected Bond ...	80	—	Jan 2022	APOIX vs FSTZX

Top Performing APOIX Alternatives (YTD)

APOIX is at 1.19% YTD. There are 9 mutual funds in the Inflation-Protected Bonds category with higher YTD returns, going as high as 12.96%.

Symbol	Name	YTD Return	AUM	Inception
IPBAX	Allspring Real Return Fund	12.96%	—	Feb 2003	APOIX vs IPBAX
SEIAX	SEI Multi-Asset Real Return Fund Class A	5.53%	—	Jul 2011	APOIX vs SEIAX
DFAAX	DFA Global Core Plus Real Return Portfolio	2.44%	—	May 2021	APOIX vs DFAAX
VCTPX	VALIC Company I Inflation Protected Fund	1.65%	—	Dec 2004	APOIX vs VCTPX
IBRIX	VY BlackRock Inflation Protected Bond Portfolio	1.55%	—	Apr 2007	APOIX vs IBRIX

Lowest Volatility Alternatives to APOIX

APOIX has 1.85% 1-year volatility. There are 6 mutual funds in the Inflation-Protected Bonds category with lower 1-year volatility, going as low as 1.56%.

Symbol	Name	Volatility 1Y	AUM	Inception
VTIPX	Vanguard Short-Term Inflation-Protected Securities...	1.56%	—	Oct 2012	APOIX vs VTIPX
VTAPX	Vanguard Short-Term Inflation-Protected Securities...	1.58%	70.50B	Oct 2012	APOIX vs VTAPX
VTSPX	Vanguard Short-Term Inflation-Protected Securities...	1.58%	—	Oct 2012	APOIX vs VTSPX
EARRX	Eaton Vance Short Duration Inflation-Protected Inc...	1.63%	—	Mar 2010	APOIX vs EARRX
EIRRX	Eaton Vance Short Duration Inflation-Protected Inc...	1.64%	—	Mar 2010	APOIX vs EIRRX

Lowest Drawdown Alternatives to APOIX

APOIX has a 1-year max drawdown of -0.82%. There are 4 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
FSTZX	Fidelity Series 0-5 Year Inflation-Protected Bond ...	-0.70%	—	Jan 2022	APOIX vs FSTZX
VTIPX	Vanguard Short-Term Inflation-Protected Securities...	-0.72%	—	Oct 2012	APOIX vs VTIPX
VTAPX	Vanguard Short-Term Inflation-Protected Securities...	-0.75%	70.50B	Oct 2012	APOIX vs VTAPX
VTSPX	Vanguard Short-Term Inflation-Protected Securities...	-0.75%	—	Oct 2012	APOIX vs VTSPX
EARRX	Eaton Vance Short Duration Inflation-Protected Inc...	-0.88%	—	Mar 2010	APOIX vs EARRX

Other Mutual Funds from American Century

The 10 most viewed American Century mutual funds shown here include TWCUX, TWCGX, BGEIX and span 6 categories. AUM among these funds goes as high as $27B.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
TWCUX	American Century Ultra Fund	Large Cap Growth Equities	17	3.79%	26.59B	Nov 1981	APOIX vs TWCUX
TWCGX	American Century Growth Fund	Large Cap Growth Equities	19	3.14%	14.71B	Jun 1971	APOIX vs TWCGX
BGEIX	American Century Global Gold Fund	Gold, Precious Metals	21	-4.97%	1.76B	Aug 1988	APOIX vs BGEIX
ACFOX	American Century Investments Focused Dynamic Growt...	Large Cap Growth Equities	24	3.87%	2.12B	May 2006	APOIX vs ACFOX
ACIHX	American Century Growth Fund G Class	Large Cap Growth Equities	21	3.56%	—	Mar 2022	APOIX vs ACIHX
TWCIX	American Century Select Fund	Large Cap Growth Equities	24	3.42%	6.39B	Jun 1971	APOIX vs TWCIX
TWHIX	American Century Heritage Fund	Mid Cap Growth Equities	5	5.49%	5.37B	Nov 1987	APOIX vs TWHIX
BCHYX	American Century California High Yield Municipal F...	Municipal Bonds	71	2.21%	1.62B	Dec 1986	APOIX vs BCHYX
TWEIX	American Century Equity Income Fund	Large Cap Value Equities	51	7.32%	6.45B	Aug 1994	APOIX vs TWEIX
BIGRX	American Century Disciplined Core Value Fund	Large Cap Value Equities	84	12.70%	1.99B	Dec 1990	APOIX vs BIGRX

Often Compared With APOIX

Investors most often compare APOIX with VIPIX, WAIIX, BULIX. These 20 comparison targets span 2 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
VIPIX	Vanguard Inflation-Protected Securities Fund Insti...	Inflation-Protected Bonds	20	0.63%	—	Dec 2003	APOIX vs VIPIX
WAIIX	Western Asset Inflation Indexed Plus Bond Fund	Inflation-Protected Bonds	16	0.48%	—	Feb 2001	APOIX vs WAIIX
BULIX	American Century Utilities Fund	Utilities Equities	18	6.99%	312.77M	Feb 1993	APOIX vs BULIX
FXIRX	PIMCO Fixed Income SHares: Series R	Inflation-Protected Bonds	13	-0.15%	—	Apr 2004	APOIX vs FXIRX
BIIPX	iShares Short-Term TIPS Bond Index Fund	Inflation-Protected Bonds	41	0.61%	—	Feb 2016	APOIX vs BIIPX
HIPAX	Hartford Inflation Plus Fund	Inflation-Protected Bonds	30	0.65%	—	Oct 2002	APOIX vs HIPAX
PIPIX	Principal Inflation Protection Fund	Inflation-Protected Bonds	21	0.78%	—	Dec 2004	APOIX vs PIPIX
LIFAX	Lord Abbett Inflation Focused Fund Class A	Inflation-Protected Bonds	56	0.74%	—	Jun 2015	APOIX vs LIFAX
GSIPX	Goldman Sachs Inflation Protected Securities Fund	Inflation-Protected Bonds	18	0.54%	—	Aug 2007	APOIX vs GSIPX
TIILX	TIAA-CREF Inflation-Linked Bond Fund	Inflation-Protected Bonds	32	0.74%	—	Sep 2002	APOIX vs TIILX
WIA	Western Asset Inflation-Linked Income Fund	Inflation-Protected Bonds	10	0.88%	—	—	APOIX vs WIA
DRXIX	DFA LTIP Portfolio	Inflation-Protected Bonds	4	0.00%	—	Mar 2012	APOIX vs DRXIX
TRBFX	T. Rowe Price Limited Duration Inflation Focused B...	Inflation-Protected Bonds	13	0.91%	—	Sep 2006	APOIX vs TRBFX
QCILIX	CREF Inflation-Linked Bond Account Class R3	Inflation-Protected Bonds	43	0.90%	—	May 1997	APOIX vs QCILIX
ALMIX	Invesco Short Duration Inflation Protected Fund	Inflation-Protected Bonds	54	0.99%	—	Jul 1987	APOIX vs ALMIX
LIFIX	Lord Abbett Inflation Focused Fund	Inflation-Protected Bonds	63	0.91%	—	Apr 2011	APOIX vs LIFIX
TILUX	Morgan Stanley Pathway Funds Inflation-Linked Fixe...	Inflation-Protected Bonds	13	0.66%	—	Mar 2016	APOIX vs TILUX
FIPDX	Fidelity Inflation-Protected Bond Index Fund	Inflation-Protected Bonds	21	0.78%	—	May 2012	APOIX vs FIPDX
DIPSX	DFA Inflation-Protected Securities Portfolio	Inflation-Protected Bonds	10	0.81%	—	Sep 2006	APOIX vs DIPSX
PRAIX	PIMCO Long-Term Real Return Fund	Inflation-Protected Bonds	5	-1.09%	—	Nov 2001	APOIX vs PRAIX

Compare APOIX with Any Fund or Stock

Compare APOIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

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Diversifiers

Pair APOIX with funds that move differently

American Century Short Duration Inflation Protection Bond Fund Investor Class alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to APOIX.

Explore APOIX Diversifiers

American Century Short Duration Inflation Protection Bond Fund Investor Class (APOIX) Alternatives