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 | |
|---|---|---|---|---|---|
| SEI Institutional Investments Trust Real Return Fu... | 0.02% | — | Dec 2006 | HIPAX vs RRPAX | |
| Vanguard Short-Term Inflation-Protected Securities... | 0.04% | — | Oct 2012 | HIPAX vs VTSPX | |
| Fidelity SAI 0-5 Year Inflation-Protected Bond Ind... | 0.05% | — | Nov 2025 | HIPAX vs FFNYX | |
| Fidelity SAI Inflation-Protected Bond Index Fund | 0.05% | — | Aug 2024 | HIPAX vs FSPWX | |
| Fidelity Inflation-Protected Bond Index Fund | 0.05% | — | May 2012 | HIPAX vs FIPDX |
Best Risk-Adjusted Alternatives to HIPAX
HIPAX has a PortfoliosLab risk / return rank of 35. There are 21 mutual funds in the Inflation-Protected Bonds category with higher risk-adjusted ranks, going as high as 90.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Short-Term Inflation-Protected Securities... | 90 | — | Oct 2012 | HIPAX vs VTSPX | |
| Vanguard Short-Term Inflation-Protected Securities... | 90 | 70.50B | Oct 2012 | HIPAX vs VTAPX | |
| Vanguard Short-Term Inflation-Protected Securities... | 90 | — | Oct 2012 | HIPAX vs VTIPX | |
| Allspring Real Return Fund | 82 | — | Feb 2003 | HIPAX vs IPBAX | |
| SEI Institutional Investments Trust Real Return Fu... | 81 | — | Dec 2006 | HIPAX vs RRPAX |
Top Performing HIPAX Alternatives (YTD)
HIPAX is at 1.10% YTD. There are 22 mutual funds in the Inflation-Protected Bonds category with higher YTD returns, going as high as 11.21%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Allspring Real Return Fund | 11.21% | — | Feb 2003 | HIPAX vs IPBAX | |
| SEI Multi-Asset Real Return Fund Class A | 6.75% | — | Jul 2011 | HIPAX vs SEIAX | |
| DFA Global Core Plus Real Return Portfolio | 2.46% | — | May 2021 | HIPAX vs DFAAX | |
| VY BlackRock Inflation Protected Bond Portfolio | 1.80% | — | Apr 2007 | HIPAX vs IBRIX | |
| Vanguard Short-Term Inflation-Protected Securities... | 1.75% | — | Oct 2012 | HIPAX vs VTSPX |
Lowest Volatility Alternatives to HIPAX
HIPAX has 2.86% 1-year volatility. There are 17 mutual funds in the Inflation-Protected Bonds category with lower 1-year volatility, going as low as 1.57%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Short-Term Inflation-Protected Securities... | 1.57% | — | Oct 2012 | HIPAX vs VTIPX | |
| Vanguard Short-Term Inflation-Protected Securities... | 1.59% | 70.50B | Oct 2012 | HIPAX vs VTAPX | |
| Vanguard Short-Term Inflation-Protected Securities... | 1.59% | — | Oct 2012 | HIPAX vs VTSPX | |
| Eaton Vance Short Duration Inflation-Protected Inc... | 1.63% | — | Mar 2010 | HIPAX vs EARRX | |
| Eaton Vance Short Duration Inflation-Protected Inc... | 1.65% | — | Mar 2010 | HIPAX vs EIRRX |
Lowest Drawdown Alternatives to HIPAX
HIPAX has a 1-year max drawdown of -2.11%. There are 32 mutual funds in the Inflation-Protected Bonds category with shallower 1-year drawdowns, going as shallow as -0.72%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Short-Term Inflation-Protected Securities... | -0.72% | — | Oct 2012 | HIPAX vs VTIPX | |
| Vanguard Short-Term Inflation-Protected Securities... | -0.75% | 70.50B | Oct 2012 | HIPAX vs VTAPX | |
| Vanguard Short-Term Inflation-Protected Securities... | -0.75% | — | Oct 2012 | HIPAX vs VTSPX | |
| American Century Short Duration Inflation Protecti... | -0.82% | 1.19B | May 2005 | HIPAX vs APOIX | |
| Eaton Vance Short Duration Inflation-Protected Inc... | -0.89% | — | Mar 2010 | HIPAX vs EIRRX |
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 | |
|---|---|---|---|---|---|---|---|
| The Hartford Growth Opportunities Fund Class I | Large Cap Growth Equities | 18 | 10.01% | — | Feb 2002 | HIPAX vs HGOIX | |
| The Hartford Strategic Income Fund | Multisector Bonds | 54 | 1.08% | — | May 2007 | HIPAX vs HSNIX | |
| Hartford Schroders International Stock Fund Class ... | Foreign Large Cap Equities | 23 | 8.23% | — | Dec 1985 | HIPAX vs SCIEX | |
| Hartford Core Equity Fund | Large Cap Blend Equities | 45 | 8.68% | — | Apr 1998 | HIPAX vs HGIYX | |
| The Hartford Balanced Income Fund | Diversified Portfolio | 34 | 3.49% | — | Jul 2006 | HIPAX vs HBLYX | |
| Hartford Municipal Opportunities Fund | Municipal Bonds | 68 | 1.39% | — | May 2007 | HIPAX vs HHMIX | |
| Hartford International Value Fund | Foreign Large Cap Equities | 71 | 13.38% | — | May 2010 | HIPAX vs HILYX | |
| The Hartford Dividend and Growth Fund | Large Cap Value Equities | 77 | 10.84% | — | Jul 1996 | HIPAX vs HDGYX | |
| The Hartford Growth Opportunities Fund | Large Cap Growth Equities | 18 | 10.01% | — | Feb 2002 | HIPAX vs HGOYX | |
| Hartford Schroders Emerging Markets Equity Fund Cl... | Emerging Markets Equities | 84 | 27.06% | — | — | HIPAX vs SEMNX |
Often Compared With HIPAX
Investors most often compare HIPAX with FSTZX, HQIYX, LIFIX. These 5 comparison targets span 2 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Fidelity Series 0-5 Year Inflation-Protected Bond ... | Inflation-Protected Bonds | 37 | 0.57% | — | Jan 2022 | HIPAX vs FSTZX | |
| The Hartford Equity Income Fund | Large Cap Value Equities | 47 | 9.05% | — | Aug 2003 | HIPAX vs HQIYX | |
| Lord Abbett Inflation Focused Fund | Inflation-Protected Bonds | 75 | 1.58% | — | Apr 2011 | HIPAX vs LIFIX | |
| Schwab Treasury Inflation Protected Securities Ind... | Inflation-Protected Bonds | 25 | 1.00% | — | Mar 2006 | HIPAX vs SWRSX | |
| VALIC Company I Inflation Protected Fund | Inflation-Protected Bonds | 38 | 1.53% | — | Dec 2004 | HIPAX vs VCTPX |
Compare HIPAX with Any Fund or Stock
Compare HIPAX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
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.
Explore HIPAX Diversifiers