HIPAX Alternatives & Similar Mutual Funds

Hartford Inflation Plus Fund (HIPAX) 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 HIPAX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to HIPAX

HIPAX charges 0.84% annually. There are 48 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	HIPAX vs RRPAX
VTSPX	Vanguard Short-Term Inflation-Protected Securities...	0.04%	—	Oct 2012	HIPAX vs VTSPX
FSPWX	Fidelity SAI Inflation-Protected Bond Index Fund	0.05%	—	Aug 2024	HIPAX vs FSPWX
FFNYX	Fidelity SAI 0-5 Year Inflation-Protected Bond Ind...	0.05%	—	Nov 2025	HIPAX vs FFNYX
SWRSX	Schwab Treasury Inflation Protected Securities Ind...	0.05%	—	Mar 2006	HIPAX vs SWRSX

Best Risk-Adjusted Alternatives to HIPAX

HIPAX has a PortfoliosLab risk / return rank of 30. There are 20 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	HIPAX vs IPBAX
VTSPX	Vanguard Short-Term Inflation-Protected Securities...	85	—	Oct 2012	HIPAX vs VTSPX
VTIPX	Vanguard Short-Term Inflation-Protected Securities...	84	—	Oct 2012	HIPAX vs VTIPX
VTAPX	Vanguard Short-Term Inflation-Protected Securities...	84	70.50B	Oct 2012	HIPAX vs VTAPX
FSTZX	Fidelity Series 0-5 Year Inflation-Protected Bond ...	80	—	Jan 2022	HIPAX vs FSTZX

Top Performing HIPAX Alternatives (YTD)

HIPAX is at 0.65% YTD. There are 32 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	HIPAX vs IPBAX
SEIAX	SEI Multi-Asset Real Return Fund Class A	5.53%	—	Jul 2011	HIPAX vs SEIAX
DFAAX	DFA Global Core Plus Real Return Portfolio	2.44%	—	May 2021	HIPAX vs DFAAX
VCTPX	VALIC Company I Inflation Protected Fund	1.65%	—	Dec 2004	HIPAX vs VCTPX
IBRIX	VY BlackRock Inflation Protected Bond Portfolio	1.55%	—	Apr 2007	HIPAX vs IBRIX

Lowest Volatility Alternatives to HIPAX

HIPAX has 2.84% 1-year volatility. There are 18 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	HIPAX vs VTIPX
VTSPX	Vanguard Short-Term Inflation-Protected Securities...	1.58%	—	Oct 2012	HIPAX vs VTSPX
VTAPX	Vanguard Short-Term Inflation-Protected Securities...	1.58%	70.50B	Oct 2012	HIPAX vs VTAPX
EARRX	Eaton Vance Short Duration Inflation-Protected Inc...	1.63%	—	Mar 2010	HIPAX vs EARRX
EIRRX	Eaton Vance Short Duration Inflation-Protected Inc...	1.64%	—	Mar 2010	HIPAX vs EIRRX

Lowest Drawdown Alternatives to HIPAX

HIPAX has a 1-year max drawdown of -2.11%. There are 33 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	HIPAX vs FSTZX
VTIPX	Vanguard Short-Term Inflation-Protected Securities...	-0.72%	—	Oct 2012	HIPAX vs VTIPX
VTSPX	Vanguard Short-Term Inflation-Protected Securities...	-0.75%	—	Oct 2012	HIPAX vs VTSPX
VTAPX	Vanguard Short-Term Inflation-Protected Securities...	-0.75%	70.50B	Oct 2012	HIPAX vs VTAPX
APOIX	American Century Short Duration Inflation Protecti...	-0.82%	1.19B	May 2005	HIPAX vs APOIX

Other Mutual Funds from Hartford

The 10 most viewed Hartford mutual funds shown here include HGOIX, HSNIX, SCIEX and span 8 categories.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
HGOIX	The Hartford Growth Opportunities Fund Class I	Large Cap Growth Equities	21	9.04%	—	Feb 2002	HIPAX vs HGOIX
HSNIX	The Hartford Strategic Income Fund	Multisector Bonds	55	0.94%	—	May 2007	HIPAX vs HSNIX
SCIEX	Hartford Schroders International Stock Fund Class ...	Foreign Large Cap Equities	23	8.37%	—	Dec 1985	HIPAX vs SCIEX
HGIYX	Hartford Core Equity Fund	Large Cap Blend Equities	44	6.69%	—	Apr 1998	HIPAX vs HGIYX
HBLYX	The Hartford Balanced Income Fund	Diversified Portfolio	33	2.70%	—	Jul 2006	HIPAX vs HBLYX
HHMIX	Hartford Municipal Opportunities Fund	Municipal Bonds	67	1.46%	—	May 2007	HIPAX vs HHMIX
HDGYX	The Hartford Dividend and Growth Fund	Large Cap Value Equities	66	8.55%	—	Jul 1996	HIPAX vs HDGYX
HILYX	Hartford International Value Fund	Foreign Large Cap Equities	64	11.28%	—	May 2010	HIPAX vs HILYX
HGOYX	The Hartford Growth Opportunities Fund	Large Cap Growth Equities	21	9.05%	—	Feb 2002	HIPAX vs HGOYX
SEMNX	Hartford Schroders Emerging Markets Equity Fund Cl...	Emerging Markets Equities	91	36.34%	—	—	HIPAX vs SEMNX

Often Compared With HIPAX

Investors most often compare HIPAX with LIFIX, FIPDX, HQIYX. These 3 comparison targets span 2 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
LIFIX	Lord Abbett Inflation Focused Fund	Inflation-Protected Bonds	63	0.91%	—	Apr 2011	HIPAX vs LIFIX
FIPDX	Fidelity Inflation-Protected Bond Index Fund	Inflation-Protected Bonds	21	0.78%	—	May 2012	HIPAX vs FIPDX
HQIYX	The Hartford Equity Income Fund	Large Cap Value Equities	39	6.44%	—	Aug 2003	HIPAX vs HQIYX

Compare HIPAX with Any Fund or Stock

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

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Pair HIPAX with funds that move differently

Hartford Inflation Plus Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to HIPAX.

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Hartford Inflation Plus Fund (HIPAX) Alternatives