NIFAX Alternatives & Similar Mutual Funds

Nationwide Inflation-Protected Securities Fund (NIFAX) 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 NIFAX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to NIFAX

NIFAX charges 0.72% annually. There are 45 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	NIFAX vs RRPAX
VTSPX	Vanguard Short-Term Inflation-Protected Securities...	0.04%	—	Oct 2012	NIFAX vs VTSPX
SWRSX	Schwab Treasury Inflation Protected Securities Ind...	0.05%	—	Mar 2006	NIFAX vs SWRSX
FIPDX	Fidelity Inflation-Protected Bond Index Fund	0.05%	—	May 2012	NIFAX vs FIPDX
FSPWX	Fidelity SAI Inflation-Protected Bond Index Fund	0.05%	—	Aug 2024	NIFAX vs FSPWX

Best Risk-Adjusted Alternatives to NIFAX

NIFAX has a PortfoliosLab risk / return rank of 22. There are 36 mutual funds in the Inflation-Protected Bonds category with higher risk-adjusted ranks, going as high as 89.

Symbol	Name	Risk / Return Rank	AUM	Inception
VTSPX	Vanguard Short-Term Inflation-Protected Securities...	89	—	Oct 2012	NIFAX vs VTSPX
VTAPX	Vanguard Short-Term Inflation-Protected Securities...	89	70.50B	Oct 2012	NIFAX vs VTAPX
VTIPX	Vanguard Short-Term Inflation-Protected Securities...	88	—	Oct 2012	NIFAX vs VTIPX
IPBAX	Allspring Real Return Fund	87	—	Feb 2003	NIFAX vs IPBAX
FSTZX	Fidelity Series 0-5 Year Inflation-Protected Bond ...	86	—	Jan 2022	NIFAX vs FSTZX

Top Performing NIFAX Alternatives (YTD)

NIFAX is at 0.92% YTD. There are 40 mutual funds in the Inflation-Protected Bonds category with higher YTD returns, going as high as 12.87%.

Symbol	Name	YTD Return	AUM	Inception
IPBAX	Allspring Real Return Fund	12.87%	—	Feb 2003	NIFAX vs IPBAX
SEIAX	SEI Multi-Asset Real Return Fund Class A	5.53%	—	Jul 2011	NIFAX vs SEIAX
DFAAX	DFA Global Core Plus Real Return Portfolio	2.75%	—	May 2021	NIFAX vs DFAAX
VCTPX	VALIC Company I Inflation Protected Fund	2.00%	—	Dec 2004	NIFAX vs VCTPX
IBRIX	VY BlackRock Inflation Protected Bond Portfolio	1.99%	—	Apr 2007	NIFAX vs IBRIX

Lowest Volatility Alternatives to NIFAX

NIFAX has 3.14% 1-year volatility. There are 23 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	NIFAX vs VTIPX
VTAPX	Vanguard Short-Term Inflation-Protected Securities...	1.58%	70.50B	Oct 2012	NIFAX vs VTAPX
VTSPX	Vanguard Short-Term Inflation-Protected Securities...	1.58%	—	Oct 2012	NIFAX vs VTSPX
EIRRX	Eaton Vance Short Duration Inflation-Protected Inc...	1.62%	—	Mar 2010	NIFAX vs EIRRX
EARRX	Eaton Vance Short Duration Inflation-Protected Inc...	1.62%	—	Mar 2010	NIFAX vs EARRX

Lowest Drawdown Alternatives to NIFAX

NIFAX has a 1-year max drawdown of -1.98%. There are 25 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	NIFAX vs FSTZX
VTAPX	Vanguard Short-Term Inflation-Protected Securities...	-0.72%	70.50B	Oct 2012	NIFAX vs VTAPX
VTIPX	Vanguard Short-Term Inflation-Protected Securities...	-0.72%	—	Oct 2012	NIFAX vs VTIPX
VTSPX	Vanguard Short-Term Inflation-Protected Securities...	-0.72%	—	Oct 2012	NIFAX vs VTSPX
APOIX	American Century Short Duration Inflation Protecti...	-0.76%	1.19B	May 2005	NIFAX vs APOIX

Other Mutual Funds from Nationwide

The 10 most viewed Nationwide mutual funds shown here include NWXHX, GRISX, NWJCX and span 8 categories.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
NWXHX	Nationwide Amundi Strategic Income Fund	Multisector Bonds	99	2.37%	—	Nov 2015	NIFAX vs NWXHX
GRISX	Nationwide S&P 500 Index Fund	S&P 500	64	10.00%	—	Nov 1998	NIFAX vs GRISX
NWJCX	Nationwide NYSE Arca Tech 100 Index Fund	Technology Equities	81	28.26%	—	Jun 1996	NIFAX vs NWJCX
NWHQX	Nationwide Bailard Technology and Science Fund	Technology Equities	29	22.33%	—	May 2001	NIFAX vs NWHQX
NWAUX	Nationwide GQG US Quality Equity Fund	Large Cap Blend Equities	4	2.29%	—	Jan 2021	NIFAX vs NWAUX
GIIAX	Nationwide International Index Fund	Foreign Large Cap Equities	34	10.19%	—	Dec 1999	NIFAX vs GIIAX
GMRAX	Nationwide Small Cap Index Fund	Small Cap Blend Equities	67	20.34%	—	Dec 1999	NIFAX vs GMRAX
NWXEX	Nationwide Strategic Income A	Multisector Bonds	99	2.33%	—	Nov 2015	NIFAX vs NWXEX
NWHVX	Nationwide Geneva Mid Cap Growth Fund	Mid Cap Growth Equities	1	-4.20%	—	Jan 1999	NIFAX vs NWHVX
GMXAX	Nationwide Mid Cap Market Index Fund	Mid Cap Blend Equities	48	15.14%	—	Dec 1999	NIFAX vs GMXAX

Often Compared With NIFAX

Investors most often compare NIFAX with FFNYX, NDMAX. These 2 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	NIFAX vs FFNYX
NDMAX	Nationwide Investor Destinations Moderately Aggres...	Diversified Portfolio	69	10.76%	—	Mar 2000	NIFAX vs NDMAX

Compare NIFAX with Any Fund or Stock

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

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Diversifiers

Pair NIFAX with funds that move differently

Nationwide Inflation-Protected Securities Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to NIFAX.

Explore NIFAX Diversifiers

Nationwide Inflation-Protected Securities Fund (NIFAX) Alternatives