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
SWRSX	Schwab Treasury Inflation Protected Securities Ind...	0.05%	—	Mar 2006	HIPAX vs SWRSX
FSPWX	Fidelity SAI Inflation-Protected Bond Index Fund	0.05%	—	Aug 2024	HIPAX vs FSPWX
FIPDX	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 46. There are 20 mutual funds in the Inflation-Protected Bonds category with higher risk-adjusted ranks, going as high as 94.

Symbol	Name	Risk / Return Rank	AUM	Inception
VTSPX	Vanguard Short-Term Inflation-Protected Securities...	94	—	Oct 2012	HIPAX vs VTSPX
VTAPX	Vanguard Short-Term Inflation-Protected Securities...	94	68.50B	Oct 2012	HIPAX vs VTAPX
VTIPX	Vanguard Short-Term Inflation-Protected Securities...	93	—	Oct 2012	HIPAX vs VTIPX
FSTZX	Fidelity Series 0-5 Year Inflation-Protected Bond ...	93	—	Jan 2022	HIPAX vs FSTZX
IPBAX	Allspring Real Return Fund	91	—	Feb 2003	HIPAX vs IPBAX

Top Performing HIPAX Alternatives (YTD)

HIPAX is at 1.64% YTD. There are 32 mutual funds in the Inflation-Protected Bonds category with higher YTD returns, going as high as 15.33%.

Symbol	Name	YTD Return	AUM	Inception
IPBAX	Allspring Real Return Fund	15.33%	—	Feb 2003	HIPAX vs IPBAX
SEIAX	SEI Multi-Asset Real Return Fund Class A	8.10%	—	Jul 2011	HIPAX vs SEIAX
DFAAX	DFA Global Core Plus Real Return Portfolio	3.06%	—	May 2021	HIPAX vs DFAAX
IBRIX	VY BlackRock Inflation Protected Bond Portfolio	2.43%	—	Apr 2007	HIPAX vs IBRIX
VCTPX	VALIC Company I Inflation Protected Fund	2.23%	—	Dec 2004	HIPAX vs VCTPX

Lowest Volatility Alternatives to HIPAX

HIPAX has 2.77% 1-year volatility. There are 18 mutual funds in the Inflation-Protected Bonds category with lower 1-year volatility, going as low as 1.50%.

Symbol	Name	Volatility 1Y	AUM	Inception
EARRX	Eaton Vance Short Duration Inflation-Protected Inc...	1.50%	—	Mar 2010	HIPAX vs EARRX
VTIPX	Vanguard Short-Term Inflation-Protected Securities...	1.51%	—	Oct 2012	HIPAX vs VTIPX
VTAPX	Vanguard Short-Term Inflation-Protected Securities...	1.52%	68.50B	Oct 2012	HIPAX vs VTAPX
VTSPX	Vanguard Short-Term Inflation-Protected Securities...	1.52%	—	Oct 2012	HIPAX vs VTSPX
EIRRX	Eaton Vance Short Duration Inflation-Protected Inc...	1.55%	—	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
VTAPX	Vanguard Short-Term Inflation-Protected Securities...	-0.72%	68.50B	Oct 2012	HIPAX vs VTAPX
VTIPX	Vanguard Short-Term Inflation-Protected Securities...	-0.72%	—	Oct 2012	HIPAX vs VTIPX
VTSPX	Vanguard Short-Term Inflation-Protected Securities...	-0.72%	—	Oct 2012	HIPAX vs VTSPX
APOIX	American Century Short Duration Inflation Protecti...	-0.76%	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 7 categories.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
HGOIX	The Hartford Growth Opportunities Fund Class I	Large Cap Growth Equities	31	14.57%	—	Feb 2002	HIPAX vs HGOIX
HSNIX	The Hartford Strategic Income Fund	Multisector Bonds	66	1.20%	—	May 2007	HIPAX vs HSNIX
SCIEX	Hartford Schroders International Stock Fund Class ...	Foreign Large Cap Equities	18	8.83%	—	Dec 1985	HIPAX vs SCIEX
HGIYX	Hartford Core Equity Fund	Large Cap Blend Equities	51	8.56%	—	Apr 1998	HIPAX vs HGIYX
HDGYX	The Hartford Dividend and Growth Fund	Large Cap Value Equities	62	8.94%	—	Jul 1996	HIPAX vs HDGYX
HILYX	Hartford International Value Fund	Foreign Large Cap Equities	56	12.21%	—	May 2010	HIPAX vs HILYX
HHMIX	Hartford Municipal Opportunities Fund	Municipal Bonds	66	1.46%	—	May 2007	HIPAX vs HHMIX
HGOYX	The Hartford Growth Opportunities Fund	Large Cap Growth Equities	31	14.58%	—	Feb 2002	HIPAX vs HGOYX
HQIYX	The Hartford Equity Income Fund	Large Cap Value Equities	41	6.58%	—	Aug 2003	HIPAX vs HQIYX
SEMNX	Hartford Schroders Emerging Markets Equity Fund Cl...	Emerging Markets Equities	93	36.03%	—	—	HIPAX vs SEMNX

Often Compared With HIPAX

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

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
FFNYX	Fidelity SAI 0-5 Year Inflation-Protected Bond Ind...	Inflation-Protected Bonds	—	—	—	Nov 2025	HIPAX vs FFNYX
LIFIX	Lord Abbett Inflation Focused Fund	Inflation-Protected Bonds	84	2.03%	—	Apr 2011	HIPAX vs LIFIX
HBLYX	The Hartford Balanced Income Fund	Diversified Portfolio	36	2.70%	—	Jul 2006	HIPAX vs HBLYX

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