FIPDX Alternatives & Similar Mutual Funds

Fidelity Inflation-Protected Bond Index Fund (FIPDX) 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 FIPDX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to FIPDX

FIPDX charges 0.05% annually. There are 2 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	FIPDX vs RRPAX
VTSPX	Vanguard Short-Term Inflation-Protected Securities...	0.04%	—	Oct 2012	FIPDX vs VTSPX
FSPWX	Fidelity SAI Inflation-Protected Bond Index Fund	0.05%	—	Aug 2024	FIPDX vs FSPWX
FFNYX	Fidelity SAI 0-5 Year Inflation-Protected Bond Ind...	0.05%	—	Nov 2025	FIPDX vs FFNYX
SWRSX	Schwab Treasury Inflation Protected Securities Ind...	0.05%	—	Mar 2006	FIPDX vs SWRSX

Best Risk-Adjusted Alternatives to FIPDX

FIPDX has a PortfoliosLab risk / return rank of 27. There are 30 mutual funds in the Inflation-Protected Bonds category with higher risk-adjusted ranks, going as high as 89.

Symbol	Name	Risk / Return Rank	AUM	Inception
VTSPX	Vanguard Short-Term Inflation-Protected Securities...	89	—	Oct 2012	FIPDX vs VTSPX
VTAPX	Vanguard Short-Term Inflation-Protected Securities...	89	70.50B	Oct 2012	FIPDX vs VTAPX
VTIPX	Vanguard Short-Term Inflation-Protected Securities...	88	—	Oct 2012	FIPDX vs VTIPX
IPBAX	Allspring Real Return Fund	87	—	Feb 2003	FIPDX vs IPBAX
FSTZX	Fidelity Series 0-5 Year Inflation-Protected Bond ...	86	—	Jan 2022	FIPDX vs FSTZX

Top Performing FIPDX Alternatives (YTD)

FIPDX is at 1.11% YTD. There are 22 mutual funds in the Inflation-Protected Bonds category with higher YTD returns, going as high as 12.87%.

Symbol	Name	YTD Return	AUM	Inception
IPBAX	Allspring Real Return Fund	12.87%	—	Feb 2003	FIPDX vs IPBAX
SEIAX	SEI Multi-Asset Real Return Fund Class A	5.53%	—	Jul 2011	FIPDX vs SEIAX
DFAAX	DFA Global Core Plus Real Return Portfolio	2.75%	—	May 2021	FIPDX vs DFAAX
VCTPX	VALIC Company I Inflation Protected Fund	2.00%	—	Dec 2004	FIPDX vs VCTPX
IBRIX	VY BlackRock Inflation Protected Bond Portfolio	1.99%	—	Apr 2007	FIPDX vs IBRIX

Lowest Volatility Alternatives to FIPDX

FIPDX has 3.34% 1-year volatility. There are 29 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	FIPDX vs VTIPX
VTAPX	Vanguard Short-Term Inflation-Protected Securities...	1.58%	70.50B	Oct 2012	FIPDX vs VTAPX
VTSPX	Vanguard Short-Term Inflation-Protected Securities...	1.58%	—	Oct 2012	FIPDX vs VTSPX
EIRRX	Eaton Vance Short Duration Inflation-Protected Inc...	1.62%	—	Mar 2010	FIPDX vs EIRRX
EARRX	Eaton Vance Short Duration Inflation-Protected Inc...	1.62%	—	Mar 2010	FIPDX vs EARRX

Lowest Drawdown Alternatives to FIPDX

FIPDX has a 1-year max drawdown of -1.94%. There are 23 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	FIPDX vs FSTZX
VTAPX	Vanguard Short-Term Inflation-Protected Securities...	-0.72%	70.50B	Oct 2012	FIPDX vs VTAPX
VTIPX	Vanguard Short-Term Inflation-Protected Securities...	-0.72%	—	Oct 2012	FIPDX vs VTIPX
VTSPX	Vanguard Short-Term Inflation-Protected Securities...	-0.72%	—	Oct 2012	FIPDX vs VTSPX
APOIX	American Century Short Duration Inflation Protecti...	-0.76%	1.19B	May 2005	FIPDX vs APOIX

Other Mutual Funds from Fidelity

The 10 most viewed Fidelity mutual funds shown here include FXAIX, FSELX, FZROX and span 6 categories. AUM among these funds goes as high as $176B.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
FXAIX	Fidelity 500 Index Fund	S&P 500	66	10.19%	—	Feb 1988	FIPDX vs FXAIX
FSELX	Fidelity Select Semiconductors Portfolio	Semiconductors, Technology Equities	96	87.43%	—	Jul 1985	FIPDX vs FSELX
FZROX	Fidelity ZERO Total Market Index Fund	Large Cap Blend Equities	66	10.74%	—	—	FIPDX vs FZROX
FSKAX	Fidelity Total Market Index Fund	Large Cap Blend Equities	65	10.81%	—	—	FIPDX vs FSKAX
FSPGX	Fidelity Large Cap Growth Index Fund	Large Cap Growth Equities	22	4.50%	—	—	FIPDX vs FSPGX
FBGRX	Fidelity Blue Chip Growth Fund	Large Cap Growth Equities	73	19.05%	—	Dec 1987	FIPDX vs FBGRX
FCNTX	Fidelity Contrafund	Large Cap Growth Equities	42	10.97%	176.32B	May 1967	FIPDX vs FCNTX
FNILX	Fidelity ZERO Large Cap Index Fund	Large Cap Blend Equities	63	10.04%	—	—	FIPDX vs FNILX
FSPSX	Fidelity International Index Fund	Foreign Large Cap Equities	36	10.54%	—	Nov 1997	FIPDX vs FSPSX
FTIHX	Fidelity Total International Index Fund	Foreign Large Cap Equities	62	15.59%	—	Jun 2016	FIPDX vs FTIHX

Often Compared With FIPDX

Investors most often compare FIPDX with TIP, SCHP, FTBFX. These 20 comparison targets span 10 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
TIP	iShares TIPS Bond ETF	Inflation-Protected Bonds	31	0.78%	14.88B	Dec 2003	FIPDX vs TIP
SCHP	Schwab U.S. TIPS ETF	Inflation-Protected Bonds	33	0.81%	16.06B	Aug 2010	FIPDX vs SCHP
FTBFX	Fidelity Total Bond Fund	Intermediate Core-Plus Bond	25	0.57%	—	Oct 2002	FIPDX vs FTBFX
BND	Vanguard Total Bond Market ETF	Total Bond Market	33	0.38%	394.40B	Apr 2007	FIPDX vs BND
FUMBX	Fidelity Short-Term Treasury Bond Index Fund	Short-Term Bond, Government Bonds	33	-0.01%	—	Dec 2005	FIPDX vs FUMBX
FXNAX	Fidelity U.S. Bond Index Fund	Total Bond Market	21	0.40%	—	Mar 1990	FIPDX vs FXNAX
FAGIX	Fidelity Capital & Income Fund	High Yield Bonds	91	8.52%	—	Nov 1977	FIPDX vs FAGIX
BPRIX	BlackRock Inflation Protected Bond Fund	Inflation-Protected Bonds	20	0.61%	—	Jun 2004	FIPDX vs BPRIX
SPIP	SPDR Portfolio TIPS ETF	Inflation-Protected Bonds	30	0.78%	1.01B	May 2007	FIPDX vs SPIP
FNSOX	Fidelity Short-Term Bond Index Fund	Total Bond Market	40	0.17%	—	Oct 2017	FIPDX vs FNSOX
FNBGX	Fidelity Long-Term Treasury Bond Index Fund	Government Bonds	7	0.79%	—	Dec 2005	FIPDX vs FNBGX
VBISX	Vanguard Short-Term Bond Index Fund	Short-Term Bond	35	0.07%	—	Mar 1994	FIPDX vs VBISX
FBIIX	Fidelity International Bond Index Fund	Global Bonds	10	1.38%	—	Oct 2019	FIPDX vs FBIIX
FIKFX	Fidelity Freedom Index Income Fund Investor Class	Target Retirement Date	71	3.97%	—	Oct 2009	FIPDX vs FIKFX
ABNFX	American Funds The Bond Fund of America® Class F-2	Intermediate Core Bond	19	0.10%	—	Aug 2008	FIPDX vs ABNFX
JCPI	JPMorgan Inflation Managed Bond ETF	Inflation-Protected Bonds	42	0.86%	841.04M	Mar 2010	FIPDX vs JCPI
FUENX	Fidelity Flex Municipal Income Fund	Municipal Bonds	77	1.89%	—	Oct 2017	FIPDX vs FUENX
FSTDX	Fidelity Series 5+ Year Inflation-Protected Bond I...	Inflation-Protected Bonds	13	1.11%	—	Jan 2022	FIPDX vs FSTDX
VTIP	Vanguard Short-Term Inflation-Protected Securities...	Inflation-Protected Bonds	84	1.34%	70.50B	Oct 2012	FIPDX vs VTIP
HYGI	iShares Inflation Hedged High Yield Bond ETF	Inflation-Protected Bonds	—	—	5.46M	Jun 2022	FIPDX vs HYGI

Compare FIPDX with Any Fund or Stock

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

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Diversifiers

Pair FIPDX with funds that move differently

Fidelity Inflation-Protected Bond Index Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FIPDX.

Explore FIPDX Diversifiers

Fidelity Inflation-Protected Bond Index Fund (FIPDX) Alternatives