IPBAX Alternatives & Similar Mutual Funds

Allspring Real Return Fund (IPBAX) 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 IPBAX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to IPBAX

IPBAX charges 0.78% annually. There are 46 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	IPBAX vs RRPAX
VTSPX	Vanguard Short-Term Inflation-Protected Securities...	0.04%	—	Oct 2012	IPBAX vs VTSPX
FIPDX	Fidelity Inflation-Protected Bond Index Fund	0.05%	—	May 2012	IPBAX vs FIPDX
FFNYX	Fidelity SAI 0-5 Year Inflation-Protected Bond Ind...	0.05%	—	Nov 2025	IPBAX vs FFNYX
SWRSX	Schwab Treasury Inflation Protected Securities Ind...	0.05%	—	Mar 2006	IPBAX vs SWRSX

Best Risk-Adjusted Alternatives to IPBAX

IPBAX has a PortfoliosLab risk / return rank of 91. There are 4 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	IPBAX vs VTSPX
VTAPX	Vanguard Short-Term Inflation-Protected Securities...	94	68.50B	Oct 2012	IPBAX vs VTAPX
VTIPX	Vanguard Short-Term Inflation-Protected Securities...	93	—	Oct 2012	IPBAX vs VTIPX
FSTZX	Fidelity Series 0-5 Year Inflation-Protected Bond ...	93	—	Jan 2022	IPBAX vs FSTZX
EIRRX	Eaton Vance Short Duration Inflation-Protected Inc...	86	—	Mar 2010	IPBAX vs EIRRX

Top Performing IPBAX Alternatives (YTD)

IPBAX is at 15.33% YTD. No mutual funds in the Inflation-Protected Bonds category have higher YTD returns; the top-performing alternatives shown here go as high as 8.10%.

Symbol	Name	YTD Return	AUM	Inception
SEIAX	SEI Multi-Asset Real Return Fund Class A	8.10%	—	Jul 2011	IPBAX vs SEIAX
DFAAX	DFA Global Core Plus Real Return Portfolio	3.06%	—	May 2021	IPBAX vs DFAAX
IBRIX	VY BlackRock Inflation Protected Bond Portfolio	2.43%	—	Apr 2007	IPBAX vs IBRIX
VCTPX	VALIC Company I Inflation Protected Fund	2.23%	—	Dec 2004	IPBAX vs VCTPX
FSTZX	Fidelity Series 0-5 Year Inflation-Protected Bond ...	2.09%	—	Jan 2022	IPBAX vs FSTZX

Lowest Volatility Alternatives to IPBAX

IPBAX has 7.68% 1-year volatility. There are 52 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	IPBAX vs EARRX
VTIPX	Vanguard Short-Term Inflation-Protected Securities...	1.51%	—	Oct 2012	IPBAX vs VTIPX
VTAPX	Vanguard Short-Term Inflation-Protected Securities...	1.52%	68.50B	Oct 2012	IPBAX vs VTAPX
VTSPX	Vanguard Short-Term Inflation-Protected Securities...	1.52%	—	Oct 2012	IPBAX vs VTSPX
EIRRX	Eaton Vance Short Duration Inflation-Protected Inc...	1.55%	—	Mar 2010	IPBAX vs EIRRX

Lowest Drawdown Alternatives to IPBAX

IPBAX has a 1-year max drawdown of -3.84%. There are 50 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	IPBAX vs FSTZX
VTAPX	Vanguard Short-Term Inflation-Protected Securities...	-0.72%	68.50B	Oct 2012	IPBAX vs VTAPX
VTSPX	Vanguard Short-Term Inflation-Protected Securities...	-0.72%	—	Oct 2012	IPBAX vs VTSPX
VTIPX	Vanguard Short-Term Inflation-Protected Securities...	-0.72%	—	Oct 2012	IPBAX vs VTIPX
APOIX	American Century Short Duration Inflation Protecti...	-0.76%	1.19B	May 2005	IPBAX vs APOIX

Other Mutual Funds from Allspring Global Investments

The 10 most viewed Allspring Global Investments mutual funds shown here include EKWAX, EKBAX, WFMIX and span 9 categories.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
EKWAX	Allspring Precious Metals Fund	Precious Metals	28	2.44%	—	Jan 1998	IPBAX vs EKWAX
EKBAX	Allspring Diversified Capital Builder Fund	Diversified Portfolio	97	36.56%	—	Jan 1998	IPBAX vs EKBAX
WFMIX	Allspring Special Mid Cap Value Fund Class I	Mid Cap Value Equities	27	10.96%	—	—	IPBAX vs WFMIX
SSHIX	Allspring Short-Term Bond Plus Fund	Short-Term Bond	82	0.61%	—	Aug 1999	IPBAX vs SSHIX
EKJAX	Allspring Premier Large Company Growth Fund	Large Cap Growth Equities	14	7.22%	—	Jan 1998	IPBAX vs EKJAX
SADIX	Allspring Ultra Short-Term Income Fund	Ultrashort Bond	98	1.49%	—	Aug 1999	IPBAX vs SADIX
ESPAX	Allspring Special Small Cap Value Fund	Small Cap Value Equities	14	9.42%	—	May 1993	IPBAX vs ESPAX
EVSAX	Allspring Disciplined U.S. Core Fund	Large Cap Blend Equities	75	12.18%	—	Feb 1990	IPBAX vs EVSAX
SENAX	Allspring Discovery Mid Cap Growth Fund	Mid Cap Growth Equities	11	7.68%	—	Feb 2000	IPBAX vs SENAX
SOPVX	Allspring Opportunity Fund	Large Cap Growth Equities	29	9.42%	—	Feb 2000	IPBAX vs SOPVX

Often Compared With IPBAX

Investors most often compare IPBAX with SPY, BKIPX, TILUX. These 20 comparison targets span 2 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
SPY	State Street SPDR S&P 500 ETF	S&P 500	70	10.91%	781.00B	Jan 1993	IPBAX vs SPY
BKIPX	iShares Short-Term TIPS Bond Index Fund Class K	Inflation-Protected Bonds	75	2.00%	—	Feb 2016	IPBAX vs BKIPX
TILUX	Morgan Stanley Pathway Funds Inflation-Linked Fixe...	Inflation-Protected Bonds	19	1.39%	—	Mar 2016	IPBAX vs TILUX
BIIPX	iShares Short-Term TIPS Bond Index Fund	Inflation-Protected Bonds	75	1.98%	—	Feb 2016	IPBAX vs BIIPX
VIPIX	Vanguard Inflation-Protected Securities Fund Insti...	Inflation-Protected Bonds	33	1.59%	—	Dec 2003	IPBAX vs VIPIX
WAIIX	Western Asset Inflation Indexed Plus Bond Fund	Inflation-Protected Bonds	27	1.43%	—	Feb 2001	IPBAX vs WAIIX
DIPSX	DFA Inflation-Protected Securities Portfolio	Inflation-Protected Bonds	20	1.80%	—	Sep 2006	IPBAX vs DIPSX
ALMIX	Invesco Short Duration Inflation Protected Fund	Inflation-Protected Bonds	84	1.89%	—	Jul 1987	IPBAX vs ALMIX
ACITX	American Century Inflation-Adjusted Bond Fund	Inflation-Protected Bonds	34	1.70%	2.02B	Feb 1997	IPBAX vs ACITX
FSPWX	Fidelity SAI Inflation-Protected Bond Index Fund	Inflation-Protected Bonds	36	1.83%	—	Aug 2024	IPBAX vs FSPWX
VAIPX	Vanguard Inflation-Protected Securities Fund Admir...	Inflation-Protected Bonds	34	1.65%	28.20B	Jun 2005	IPBAX vs VAIPX
TRBFX	T. Rowe Price Limited Duration Inflation Focused B...	Inflation-Protected Bonds	19	1.76%	—	Sep 2006	IPBAX vs TRBFX
LIFIX	Lord Abbett Inflation Focused Fund	Inflation-Protected Bonds	84	2.03%	—	Apr 2011	IPBAX vs LIFIX
ANBIX	AB Bond Inflation Strategy	Inflation-Protected Bonds	72	1.61%	—	Jan 2010	IPBAX vs ANBIX
FSTDX	Fidelity Series 5+ Year Inflation-Protected Bond I...	Inflation-Protected Bonds	17	1.50%	—	Jan 2022	IPBAX vs FSTDX
VIPSX	Vanguard Inflation-Protected Securities Fund Inves...	Inflation-Protected Bonds	32	1.59%	28.20B	Jun 2000	IPBAX vs VIPSX
BPRIX	BlackRock Inflation Protected Bond Fund	Inflation-Protected Bonds	29	1.65%	—	Jun 2004	IPBAX vs BPRIX
TIILX	TIAA-CREF Inflation-Linked Bond Fund	Inflation-Protected Bonds	55	1.67%	—	Sep 2002	IPBAX vs TIILX
GABFX	GMO Asset Allocation Bond Fund	Inflation-Protected Bonds	4	-4.23%	—	Mar 2009	IPBAX vs GABFX
TLDTX	T. Rowe Price U.S. Limited Duration TIPS Index Fun...	Inflation-Protected Bonds	19	1.81%	—	Nov 2020	IPBAX vs TLDTX

Compare IPBAX with Any Fund or Stock

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

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Pair IPBAX with funds that move differently

Allspring Real Return Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to IPBAX.

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Allspring Real Return Fund (IPBAX) Alternatives