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
FIPDX	Fidelity Inflation-Protected Bond Index Fund	0.05%	—	May 2012	NIFAX vs FIPDX
FFNYX	Fidelity SAI 0-5 Year Inflation-Protected Bond Ind...	0.05%	—	Nov 2025	NIFAX vs FFNYX
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 15. There are 39 mutual funds in the Inflation-Protected Bonds category with higher risk-adjusted ranks, going as high as 91.

Symbol	Name	Risk / Return Rank	AUM	Inception
VTSPX	Vanguard Short-Term Inflation-Protected Securities...	91	—	Oct 2012	NIFAX vs VTSPX
VTAPX	Vanguard Short-Term Inflation-Protected Securities...	91	71.10B	Oct 2012	NIFAX vs VTAPX
VTIPX	Vanguard Short-Term Inflation-Protected Securities...	91	—	Oct 2012	NIFAX vs VTIPX
SEIAX	SEI Multi-Asset Real Return Fund Class A	86	—	Jul 2011	NIFAX vs SEIAX
APOIX	American Century Short Duration Inflation Protecti...	80	1.19B	May 2005	NIFAX vs APOIX

Top Performing NIFAX Alternatives (YTD)

NIFAX is at 0.12% YTD. There are 42 mutual funds in the Inflation-Protected Bonds category with higher YTD returns, going as high as 9.31%.

Symbol	Name	YTD Return	AUM	Inception
SEIAX	SEI Multi-Asset Real Return Fund Class A	9.31%	—	Jul 2011	NIFAX vs SEIAX
IPBAX	Allspring Real Return Fund	8.62%	—	Feb 2003	NIFAX vs IPBAX
DFAAX	DFA Global Core Plus Real Return Portfolio	2.04%	—	May 2021	NIFAX vs DFAAX
VTSPX	Vanguard Short-Term Inflation-Protected Securities...	1.83%	—	Oct 2012	NIFAX vs VTSPX
VTAPX	Vanguard Short-Term Inflation-Protected Securities...	1.81%	71.10B	Oct 2012	NIFAX vs VTAPX

Lowest Volatility Alternatives to NIFAX

NIFAX has 3.08% 1-year volatility. There are 23 mutual funds in the Inflation-Protected Bonds category with lower 1-year volatility, going as low as 1.55%.

Symbol	Name	Volatility 1Y	AUM	Inception
VTIPX	Vanguard Short-Term Inflation-Protected Securities...	1.55%	—	Oct 2012	NIFAX vs VTIPX
VTAPX	Vanguard Short-Term Inflation-Protected Securities...	1.57%	71.10B	Oct 2012	NIFAX vs VTAPX
VTSPX	Vanguard Short-Term Inflation-Protected Securities...	1.58%	—	Oct 2012	NIFAX vs VTSPX
EARRX	Eaton Vance Short Duration Inflation-Protected Inc...	1.63%	—	Mar 2010	NIFAX vs EARRX
EIRRX	Eaton Vance Short Duration Inflation-Protected Inc...	1.66%	—	Mar 2010	NIFAX vs EIRRX

Lowest Drawdown Alternatives to NIFAX

NIFAX has a 1-year max drawdown of -1.98%. There are 24 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
VTIPX	Vanguard Short-Term Inflation-Protected Securities...	-0.72%	—	Oct 2012	NIFAX vs VTIPX
VTAPX	Vanguard Short-Term Inflation-Protected Securities...	-0.75%	71.10B	Oct 2012	NIFAX vs VTAPX
VTSPX	Vanguard Short-Term Inflation-Protected Securities...	-0.75%	—	Oct 2012	NIFAX vs VTSPX
APOIX	American Century Short Duration Inflation Protecti...	-0.82%	1.19B	May 2005	NIFAX vs APOIX
EIRRX	Eaton Vance Short Duration Inflation-Protected Inc...	-0.89%	—	Mar 2010	NIFAX vs EIRRX

Other Mutual Funds from Nationwide

The 10 most viewed Nationwide mutual funds shown here include NWXHX, NWXEX, GRISX and span 9 categories.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
NWXHX	Nationwide Amundi Strategic Income Fund	Multisector Bonds	99	2.57%	—	Nov 2015	NIFAX vs NWXHX
NWXEX	Nationwide Strategic Income A	Multisector Bonds	99	2.50%	—	Nov 2015	NIFAX vs NWXEX
GRISX	Nationwide S&P 500 Index Fund	S&P 500	58	9.12%	—	Nov 1998	NIFAX vs GRISX
NWJCX	Nationwide NYSE Arca Tech 100 Index Fund	Technology Equities	70	20.98%	—	Jun 1996	NIFAX vs NWJCX
GIIAX	Nationwide International Index Fund	Foreign Large Cap Equities	63	12.14%	—	Dec 1999	NIFAX vs GIIAX
NWHQX	Nationwide Bailard Technology and Science Fund	Technology Equities	19	12.92%	—	May 2001	NIFAX vs NWHQX
NWAUX	Nationwide GQG US Quality Equity Fund	Quality Factor, Large Cap Blend Equities	13	5.53%	—	Jan 2021	NIFAX vs NWAUX
GMRAX	Nationwide Small Cap Index Fund	Small Cap Blend Equities	76	19.02%	—	Dec 1999	NIFAX vs GMRAX
NWHVX	Nationwide Geneva Mid Cap Growth Fund	Mid Cap Growth Equities	1	-1.87%	—	Jan 1999	NIFAX vs NWHVX
GMXAX	Nationwide Mid Cap Market Index Fund	Mid Cap Blend Equities	50	14.41%	—	Dec 1999	NIFAX vs GMXAX

Often Compared With NIFAX

Investors most often compare NIFAX with FSTZX, SWRSX, NDMAX. These 5 comparison targets span 2 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
FSTZX	Fidelity Series 0-5 Year Inflation-Protected Bond ...	Inflation-Protected Bonds	36	0.67%	—	Jan 2022	NIFAX vs FSTZX
SWRSX	Schwab Treasury Inflation Protected Securities Ind...	Inflation-Protected Bonds	25	0.70%	—	Mar 2006	NIFAX vs SWRSX
NDMAX	Nationwide Investor Destinations Moderately Aggres...	Diversified Portfolio	72	10.23%	—	Mar 2000	NIFAX vs NDMAX
VCTPX	VALIC Company I Inflation Protected Fund	Inflation-Protected Bonds	34	0.96%	—	Dec 2004	NIFAX vs VCTPX
IBRIX	VY BlackRock Inflation Protected Bond Portfolio	Inflation-Protected Bonds	14	1.47%	—	Apr 2007	NIFAX vs IBRIX

Compare NIFAX with Any Fund or Stock

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

Symbol name

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