RRFIX Alternatives & Similar Mutual Funds

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

Cheapest Alternatives to RRFIX

RRFIX charges 0.37% annually. There are 24 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	RRFIX vs RRPAX
VTSPX	Vanguard Short-Term Inflation-Protected Securities...	0.04%	—	Oct 2012	RRFIX vs VTSPX
FIPDX	Fidelity Inflation-Protected Bond Index Fund	0.05%	—	May 2012	RRFIX vs FIPDX
FFNYX	Fidelity SAI 0-5 Year Inflation-Protected Bond Ind...	0.05%	—	Nov 2025	RRFIX vs FFNYX
FSPWX	Fidelity SAI Inflation-Protected Bond Index Fund	0.05%	—	Aug 2024	RRFIX vs FSPWX

Best Risk-Adjusted Alternatives to RRFIX

RRFIX has a PortfoliosLab risk / return rank of 11. There are 47 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	RRFIX vs VTSPX
VTAPX	Vanguard Short-Term Inflation-Protected Securities...	91	71.10B	Oct 2012	RRFIX vs VTAPX
VTIPX	Vanguard Short-Term Inflation-Protected Securities...	91	—	Oct 2012	RRFIX vs VTIPX
SEIAX	SEI Multi-Asset Real Return Fund Class A	86	—	Jul 2011	RRFIX vs SEIAX
APOIX	American Century Short Duration Inflation Protecti...	80	1.19B	May 2005	RRFIX vs APOIX

Top Performing RRFIX Alternatives (YTD)

RRFIX is at 0.26% YTD. There are 39 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	RRFIX vs SEIAX
IPBAX	Allspring Real Return Fund	8.62%	—	Feb 2003	RRFIX vs IPBAX
DFAAX	DFA Global Core Plus Real Return Portfolio	2.04%	—	May 2021	RRFIX vs DFAAX
VTSPX	Vanguard Short-Term Inflation-Protected Securities...	1.83%	—	Oct 2012	RRFIX vs VTSPX
VTAPX	Vanguard Short-Term Inflation-Protected Securities...	1.81%	71.10B	Oct 2012	RRFIX vs VTAPX

Lowest Volatility Alternatives to RRFIX

RRFIX has 4.48% 1-year volatility. There are 45 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	RRFIX vs VTIPX
VTAPX	Vanguard Short-Term Inflation-Protected Securities...	1.57%	71.10B	Oct 2012	RRFIX vs VTAPX
VTSPX	Vanguard Short-Term Inflation-Protected Securities...	1.58%	—	Oct 2012	RRFIX vs VTSPX
EARRX	Eaton Vance Short Duration Inflation-Protected Inc...	1.63%	—	Mar 2010	RRFIX vs EARRX
EIRRX	Eaton Vance Short Duration Inflation-Protected Inc...	1.66%	—	Mar 2010	RRFIX vs EIRRX

Lowest Drawdown Alternatives to RRFIX

RRFIX has a 1-year max drawdown of -2.80%. There are 44 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	RRFIX vs VTIPX
VTSPX	Vanguard Short-Term Inflation-Protected Securities...	-0.75%	—	Oct 2012	RRFIX vs VTSPX
VTAPX	Vanguard Short-Term Inflation-Protected Securities...	-0.75%	71.10B	Oct 2012	RRFIX vs VTAPX
APOIX	American Century Short Duration Inflation Protecti...	-0.82%	1.19B	May 2005	RRFIX vs APOIX
EIRRX	Eaton Vance Short Duration Inflation-Protected Inc...	-0.89%	—	Mar 2010	RRFIX vs EIRRX

Other Mutual Funds from Federated

The 10 most viewed Federated mutual funds shown here include SVAIX, QILGX, QAMNX and span 7 categories.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
SVAIX	Federated Hermes Strategic Value Dividend Fund	Large Cap Value Equities	94	15.85%	—	Mar 2005	RRFIX vs SVAIX
QILGX	Federated Hermes MDT Large Cap Growth Fund	Large Cap Growth Equities	16	2.55%	—	Sep 2005	RRFIX vs QILGX
QAMNX	Federated Hermes MDT Market Neutral A	Long-Short	54	4.61%	—	Sep 2008	RRFIX vs QAMNX
QIACX	Federated Hermes MDT All Cap Core Fund	Large Cap Blend Equities	53	8.33%	—	Oct 2002	RRFIX vs QIACX
KAUFX	Federated Hermes Kaufmann Fd	Mid Cap Growth Equities	14	8.01%	—	Feb 1986	RRFIX vs KAUFX
FHYSX	Federated Hermes High-Yield Strategy Portfolio	High Yield Bonds	74	0.96%	—	Dec 2008	RRFIX vs FHYSX
FGSAX	Federated Hermes MDT Mid Cap Growth Fund	Mid Cap Growth Equities	4	-0.82%	—	Aug 1984	RRFIX vs FGSAX
FHYTX	Federated Hermes Opportunistic High Yield Bond Fun...	High Yield Bonds	59	1.32%	—	Aug 1984	RRFIX vs FHYTX
FIHBX	Federated Hermes Institutional High Yield Bond Fun...	High Yield Bonds	64	0.85%	—	Nov 2002	RRFIX vs FIHBX
BEARX	Federated Hermes Prudent Bear Fd	Inverse Equities	0	-6.07%	—	Dec 1995	RRFIX vs BEARX

Often Compared With RRFIX

Investors most often compare RRFIX with FSTZX, IBRIX, VCTPX. 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	RRFIX vs FSTZX
IBRIX	VY BlackRock Inflation Protected Bond Portfolio	Inflation-Protected Bonds	14	1.47%	—	Apr 2007	RRFIX vs IBRIX
VCTPX	VALIC Company I Inflation Protected Fund	Inflation-Protected Bonds	34	0.96%	—	Dec 2004	RRFIX vs VCTPX
SWRSX	Schwab Treasury Inflation Protected Securities Ind...	Inflation-Protected Bonds	25	0.70%	—	Mar 2006	RRFIX vs SWRSX
ISCAX	Federated Hermes International Small-Mid Company F...	Foreign Small & Mid Cap Equities	33	8.26%	—	Feb 1996	RRFIX vs ISCAX

Compare RRFIX with Any Fund or Stock

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

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Pair RRFIX with funds that move differently

Federated Hermes Inflation Protected Securities Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to RRFIX.

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Federated Hermes Inflation Protected Securities Fund (RRFIX) Alternatives