PRAIX Alternatives & Similar Mutual Funds

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

Cheapest Alternatives to PRAIX

PRAIX charges 0.50% annually. There are 36 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	PRAIX vs RRPAX
VTSPX	Vanguard Short-Term Inflation-Protected Securities...	0.04%	—	Oct 2012	PRAIX vs VTSPX
FSPWX	Fidelity SAI Inflation-Protected Bond Index Fund	0.05%	—	Aug 2024	PRAIX vs FSPWX
FFNYX	Fidelity SAI 0-5 Year Inflation-Protected Bond Ind...	0.05%	—	Nov 2025	PRAIX vs FFNYX
SWRSX	Schwab Treasury Inflation Protected Securities Ind...	0.05%	—	Mar 2006	PRAIX vs SWRSX

Best Risk-Adjusted Alternatives to PRAIX

PRAIX has a PortfoliosLab risk / return rank of 5. There are 53 mutual funds in the Inflation-Protected Bonds category with higher risk-adjusted ranks, going as high as 88.

Symbol	Name	Risk / Return Rank	AUM	Inception
IPBAX	Allspring Real Return Fund	88	—	Feb 2003	PRAIX vs IPBAX
VTSPX	Vanguard Short-Term Inflation-Protected Securities...	85	—	Oct 2012	PRAIX vs VTSPX
VTIPX	Vanguard Short-Term Inflation-Protected Securities...	84	—	Oct 2012	PRAIX vs VTIPX
VTAPX	Vanguard Short-Term Inflation-Protected Securities...	84	70.50B	Oct 2012	PRAIX vs VTAPX
FSTZX	Fidelity Series 0-5 Year Inflation-Protected Bond ...	80	—	Jan 2022	PRAIX vs FSTZX

Top Performing PRAIX Alternatives (YTD)

PRAIX is at -1.09% YTD. There are 54 mutual funds in the Inflation-Protected Bonds category with higher YTD returns, going as high as 12.96%.

Symbol	Name	YTD Return	AUM	Inception
IPBAX	Allspring Real Return Fund	12.96%	—	Feb 2003	PRAIX vs IPBAX
SEIAX	SEI Multi-Asset Real Return Fund Class A	5.53%	—	Jul 2011	PRAIX vs SEIAX
DFAAX	DFA Global Core Plus Real Return Portfolio	2.44%	—	May 2021	PRAIX vs DFAAX
VCTPX	VALIC Company I Inflation Protected Fund	1.65%	—	Dec 2004	PRAIX vs VCTPX
IBRIX	VY BlackRock Inflation Protected Bond Portfolio	1.55%	—	Apr 2007	PRAIX vs IBRIX

Lowest Volatility Alternatives to PRAIX

PRAIX has 9.54% 1-year volatility. There are 54 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	PRAIX vs VTIPX
VTSPX	Vanguard Short-Term Inflation-Protected Securities...	1.58%	—	Oct 2012	PRAIX vs VTSPX
VTAPX	Vanguard Short-Term Inflation-Protected Securities...	1.58%	70.50B	Oct 2012	PRAIX vs VTAPX
EARRX	Eaton Vance Short Duration Inflation-Protected Inc...	1.63%	—	Mar 2010	PRAIX vs EARRX
EIRRX	Eaton Vance Short Duration Inflation-Protected Inc...	1.64%	—	Mar 2010	PRAIX vs EIRRX

Lowest Drawdown Alternatives to PRAIX

PRAIX has a 1-year max drawdown of -7.62%. There are 53 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	PRAIX vs FSTZX
VTIPX	Vanguard Short-Term Inflation-Protected Securities...	-0.72%	—	Oct 2012	PRAIX vs VTIPX
VTSPX	Vanguard Short-Term Inflation-Protected Securities...	-0.75%	—	Oct 2012	PRAIX vs VTSPX
VTAPX	Vanguard Short-Term Inflation-Protected Securities...	-0.75%	70.50B	Oct 2012	PRAIX vs VTAPX
APOIX	American Century Short Duration Inflation Protecti...	-0.82%	1.19B	May 2005	PRAIX vs APOIX

Other Mutual Funds from PIMCO

The 10 most viewed PIMCO mutual funds shown here include PIMIX, PTY, PONAX and span 7 categories.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
PIMIX	PIMCO Income Fund Institutional Class	Multisector Bonds	42	0.72%	—	Mar 2007	PRAIX vs PIMIX
PTY	PIMCO Corporate & Income Opportunity Fund	Corporate Bonds	1	-3.45%	—	Dec 2002	PRAIX vs PTY
PONAX	PIMCO Income Fund Class A	Multisector Bonds	38	0.55%	—	Apr 2007	PRAIX vs PONAX
PTTRX	PIMCO Total Return Fund Institutional Class	Intermediate Core-Plus Bond	26	0.30%	—	May 1987	PRAIX vs PTTRX
PCN	PIMCO Corporate & Income Strategy Fund	Multisector Bonds	6	-2.70%	—	Dec 2001	PRAIX vs PCN
PONPX	PIMCO Income Fund Class I-2	Total Bond Market	41	0.68%	—	—	PRAIX vs PONPX
PSLDX	PIMCO StocksPLUS Long Duration Fund Class I	Diversified Portfolio	39	8.53%	—	Aug 2007	PRAIX vs PSLDX
PFN	PIMCO Income Strategy Fund II	Multisector Bonds	7	-3.70%	—	Oct 2004	PRAIX vs PFN
PFORX	PIMCO International Bond Fund (U.S. Dollar-Hedged)	Global Bonds	10	0.43%	—	Dec 1992	PRAIX vs PFORX
PISIX	PIMCO StocksPLUS International Fund (U.S. Dollar-H...	Foreign Large Cap Equities	40	13.28%	—	Oct 2003	PRAIX vs PISIX

Often Compared With PRAIX

Investors most often compare PRAIX with RPBAX, LIFIX, BIIPX. These 8 comparison targets span 4 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
RPBAX	T. Rowe Price Balanced Fund	Diversified Portfolio	53	6.20%	—	Dec 1939	PRAIX vs RPBAX
LIFIX	Lord Abbett Inflation Focused Fund	Inflation-Protected Bonds	63	0.91%	—	Apr 2011	PRAIX vs LIFIX
BIIPX	iShares Short-Term TIPS Bond Index Fund	Inflation-Protected Bonds	41	0.61%	—	Feb 2016	PRAIX vs BIIPX
PMJIX	PIMCO RAE US Small Fund	Small Cap Value Equities	72	18.92%	—	Jun 2015	PRAIX vs PMJIX
LIFAX	Lord Abbett Inflation Focused Fund Class A	Inflation-Protected Bonds	56	0.74%	—	Jun 2015	PRAIX vs LIFAX
PCRIX	PIMCO Commodity Real Return Strategy Fund	Commodities	28	15.90%	—	Jun 2002	PRAIX vs PCRIX
FIPDX	Fidelity Inflation-Protected Bond Index Fund	Inflation-Protected Bonds	21	0.78%	—	May 2012	PRAIX vs FIPDX
TRBFX	T. Rowe Price Limited Duration Inflation Focused B...	Inflation-Protected Bonds	13	0.91%	—	Sep 2006	PRAIX vs TRBFX

Compare PRAIX with Any Fund or Stock

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

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Diversifiers

Pair PRAIX with funds that move differently

PIMCO Long-Term Real Return Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PRAIX.

Explore PRAIX Diversifiers

PIMCO Long-Term Real Return Fund (PRAIX) Alternatives