FSPWX Alternatives & Similar Mutual Funds

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

Cheapest Alternatives to FSPWX

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

Best Risk-Adjusted Alternatives to FSPWX

FSPWX has a PortfoliosLab risk / return rank of 21. There are 28 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	FSPWX vs IPBAX
VTSPX	Vanguard Short-Term Inflation-Protected Securities...	85	—	Oct 2012	FSPWX vs VTSPX
VTIPX	Vanguard Short-Term Inflation-Protected Securities...	84	—	Oct 2012	FSPWX vs VTIPX
VTAPX	Vanguard Short-Term Inflation-Protected Securities...	84	70.50B	Oct 2012	FSPWX vs VTAPX
FSTZX	Fidelity Series 0-5 Year Inflation-Protected Bond ...	80	—	Jan 2022	FSPWX vs FSTZX

Top Performing FSPWX Alternatives (YTD)

FSPWX is at 0.83% YTD. There are 19 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	FSPWX vs IPBAX
SEIAX	SEI Multi-Asset Real Return Fund Class A	5.53%	—	Jul 2011	FSPWX vs SEIAX
DFAAX	DFA Global Core Plus Real Return Portfolio	2.44%	—	May 2021	FSPWX vs DFAAX
VCTPX	VALIC Company I Inflation Protected Fund	1.65%	—	Dec 2004	FSPWX vs VCTPX
IBRIX	VY BlackRock Inflation Protected Bond Portfolio	1.55%	—	Apr 2007	FSPWX vs IBRIX

Lowest Volatility Alternatives to FSPWX

FSPWX has 3.35% 1-year volatility. There are 27 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	FSPWX vs VTIPX
VTSPX	Vanguard Short-Term Inflation-Protected Securities...	1.58%	—	Oct 2012	FSPWX vs VTSPX
VTAPX	Vanguard Short-Term Inflation-Protected Securities...	1.58%	70.50B	Oct 2012	FSPWX vs VTAPX
EARRX	Eaton Vance Short Duration Inflation-Protected Inc...	1.63%	—	Mar 2010	FSPWX vs EARRX
EIRRX	Eaton Vance Short Duration Inflation-Protected Inc...	1.64%	—	Mar 2010	FSPWX vs EIRRX

Lowest Drawdown Alternatives to FSPWX

FSPWX has a 1-year max drawdown of -1.95%. There are 24 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	FSPWX vs FSTZX
VTIPX	Vanguard Short-Term Inflation-Protected Securities...	-0.72%	—	Oct 2012	FSPWX vs VTIPX
VTSPX	Vanguard Short-Term Inflation-Protected Securities...	-0.75%	—	Oct 2012	FSPWX vs VTSPX
VTAPX	Vanguard Short-Term Inflation-Protected Securities...	-0.75%	70.50B	Oct 2012	FSPWX vs VTAPX
APOIX	American Century Short Duration Inflation Protecti...	-0.82%	1.19B	May 2005	FSPWX 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	65	9.79%	—	Feb 1988	FSPWX vs FXAIX
FSELX	Fidelity Select Semiconductors Portfolio	Semiconductors, Technology Equities	96	89.12%	—	Jul 1985	FSPWX vs FSELX
FZROX	Fidelity ZERO Total Market Index Fund	Large Cap Blend Equities	65	10.41%	—	—	FSPWX vs FZROX
FSKAX	Fidelity Total Market Index Fund	Large Cap Blend Equities	64	10.43%	—	—	FSPWX vs FSKAX
FSPGX	Fidelity Large Cap Growth Index Fund	Large Cap Growth Equities	21	3.18%	—	—	FSPWX vs FSPGX
FBGRX	Fidelity Blue Chip Growth Fund	Large Cap Growth Equities	68	16.84%	—	Dec 1987	FSPWX vs FBGRX
FCNTX	Fidelity Contrafund	Large Cap Growth Equities	37	8.62%	176.32B	May 1967	FSPWX vs FCNTX
FNILX	Fidelity ZERO Large Cap Index Fund	Large Cap Blend Equities	62	9.63%	—	—	FSPWX vs FNILX
FSPSX	Fidelity International Index Fund	Foreign Large Cap Equities	39	10.74%	—	Nov 1997	FSPWX vs FSPSX
FTIHX	Fidelity Total International Index Fund	Foreign Large Cap Equities	66	15.70%	—	Jun 2016	FSPWX vs FTIHX

Often Compared With FSPWX

Investors most often compare FSPWX with WIW, ANBIX, FTBFX. These 20 comparison targets span 4 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
WIW	Western Asset Inflation-Linked Opportunities & Inc...	Inflation-Protected Bonds	10	0.86%	—	—	FSPWX vs WIW
ANBIX	AB Bond Inflation Strategy	Inflation-Protected Bonds	41	0.60%	—	Jan 2010	FSPWX vs ANBIX
FTBFX	Fidelity Total Bond Fund	Intermediate Core-Plus Bond	22	0.25%	—	Oct 2002	FSPWX vs FTBFX
TIILX	TIAA-CREF Inflation-Linked Bond Fund	Inflation-Protected Bonds	32	0.74%	—	Sep 2002	FSPWX vs TIILX
BKIPX	iShares Short-Term TIPS Bond Index Fund Class K	Inflation-Protected Bonds	42	0.64%	—	Feb 2016	FSPWX vs BKIPX
PRIPX	T. Rowe Price Inflation Protected Bond Fund	Inflation-Protected Bonds	9	0.42%	—	Oct 2002	FSPWX vs PRIPX
TILUX	Morgan Stanley Pathway Funds Inflation-Linked Fixe...	Inflation-Protected Bonds	13	0.66%	—	Mar 2016	FSPWX vs TILUX
VAIPX	Vanguard Inflation-Protected Securities Fund Admir...	Inflation-Protected Bonds	20	0.69%	28.40B	Jun 2005	FSPWX vs VAIPX
WAIIX	Western Asset Inflation Indexed Plus Bond Fund	Inflation-Protected Bonds	16	0.48%	—	Feb 2001	FSPWX vs WAIIX
PQTSX	PGIM TIPS Fund	Inflation-Protected Bonds	14	0.13%	—	Nov 2016	FSPWX vs PQTSX
LIFIX	Lord Abbett Inflation Focused Fund	Inflation-Protected Bonds	63	0.91%	—	Apr 2011	FSPWX vs LIFIX
DIPSX	DFA Inflation-Protected Securities Portfolio	Inflation-Protected Bonds	10	0.81%	—	Sep 2006	FSPWX vs DIPSX
VIPIX	Vanguard Inflation-Protected Securities Fund Insti...	Inflation-Protected Bonds	20	0.63%	—	Dec 2003	FSPWX vs VIPIX
FIPEX	Fidelity Advisor 529 Inflation-Protected Bond Port...	Inflation-Protected Bonds	23	0.59%	—	—	FSPWX vs FIPEX
BIIPX	iShares Short-Term TIPS Bond Index Fund	Inflation-Protected Bonds	41	0.61%	—	Feb 2016	FSPWX vs BIIPX
SCHG	Schwab U.S. Large-Cap Growth ETF	Large Cap Growth Equities	28	1.35%	59.17B	Dec 2009	FSPWX vs SCHG
GABFX	GMO Asset Allocation Bond Fund	Inflation-Protected Bonds	3	-4.93%	—	Mar 2009	FSPWX vs GABFX
ACITX	American Century Inflation-Adjusted Bond Fund	Inflation-Protected Bonds	20	0.76%	2.02B	Feb 1997	FSPWX vs ACITX
SPYG	State Street SPDR Portfolio S&P 500 Growth ETF	S&P 500, Large Cap Growth Equities	45	8.70%	52.13B	Sep 2000	FSPWX vs SPYG
TRBFX	T. Rowe Price Limited Duration Inflation Focused B...	Inflation-Protected Bonds	13	0.91%	—	Sep 2006	FSPWX vs TRBFX

Compare FSPWX with Any Fund or Stock

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

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Diversifiers

Pair FSPWX with funds that move differently

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

Explore FSPWX Diversifiers

Fidelity SAI Inflation-Protected Bond Index Fund (FSPWX) Alternatives