RRPAX Alternatives & Similar Mutual Funds

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

Cheapest Alternatives to RRPAX

RRPAX charges 0.02% annually. No mutual funds in the Inflation-Protected Bonds category have lower expense ratios; the lowest-cost alternatives shown here go as low as 0.04%.

Symbol	Name	Expense Ratio	AUM	Inception
VTSPX	Vanguard Short-Term Inflation-Protected Securities...	0.04%	—	Oct 2012	RRPAX vs VTSPX
SWRSX	Schwab Treasury Inflation Protected Securities Ind...	0.05%	—	Mar 2006	RRPAX vs SWRSX
FIPDX	Fidelity Inflation-Protected Bond Index Fund	0.05%	—	May 2012	RRPAX vs FIPDX
FSPWX	Fidelity SAI Inflation-Protected Bond Index Fund	0.05%	—	Aug 2024	RRPAX vs FSPWX
FFNYX	Fidelity SAI 0-5 Year Inflation-Protected Bond Ind...	0.05%	—	Nov 2025	RRPAX vs FFNYX

Best Risk-Adjusted Alternatives to RRPAX

RRPAX has a PortfoliosLab risk / return rank of 76. There are 4 mutual funds in the Inflation-Protected Bonds category with higher risk-adjusted ranks, going as high as 90.

Symbol	Name	Risk / Return Rank	AUM	Inception
VTSPX	Vanguard Short-Term Inflation-Protected Securities...	90	—	Oct 2012	RRPAX vs VTSPX
VTAPX	Vanguard Short-Term Inflation-Protected Securities...	89	70.50B	Oct 2012	RRPAX vs VTAPX
VTIPX	Vanguard Short-Term Inflation-Protected Securities...	89	—	Oct 2012	RRPAX vs VTIPX
IPBAX	Allspring Real Return Fund	80	—	Feb 2003	RRPAX vs IPBAX
APOIX	American Century Short Duration Inflation Protecti...	74	1.19B	May 2005	RRPAX vs APOIX

Top Performing RRPAX Alternatives (YTD)

RRPAX is at 1.50% YTD. There are 7 mutual funds in the Inflation-Protected Bonds category with higher YTD returns, going as high as 10.02%.

Symbol	Name	YTD Return	AUM	Inception
IPBAX	Allspring Real Return Fund	10.02%	—	Feb 2003	RRPAX vs IPBAX
SEIAX	SEI Multi-Asset Real Return Fund Class A	7.56%	—	Jul 2011	RRPAX vs SEIAX
DFAAX	DFA Global Core Plus Real Return Portfolio	2.25%	—	May 2021	RRPAX vs DFAAX
VTSPX	Vanguard Short-Term Inflation-Protected Securities...	1.71%	—	Oct 2012	RRPAX vs VTSPX
VTAPX	Vanguard Short-Term Inflation-Protected Securities...	1.69%	70.50B	Oct 2012	RRPAX vs VTAPX

Lowest Volatility Alternatives to RRPAX

RRPAX has 1.94% 1-year volatility. There are 8 mutual funds in the Inflation-Protected Bonds category with lower 1-year volatility, going as low as 1.57%.

Symbol	Name	Volatility 1Y	AUM	Inception
VTIPX	Vanguard Short-Term Inflation-Protected Securities...	1.57%	—	Oct 2012	RRPAX vs VTIPX
VTAPX	Vanguard Short-Term Inflation-Protected Securities...	1.60%	70.50B	Oct 2012	RRPAX vs VTAPX
VTSPX	Vanguard Short-Term Inflation-Protected Securities...	1.60%	—	Oct 2012	RRPAX vs VTSPX
EARRX	Eaton Vance Short Duration Inflation-Protected Inc...	1.63%	—	Mar 2010	RRPAX vs EARRX
EIRRX	Eaton Vance Short Duration Inflation-Protected Inc...	1.66%	—	Mar 2010	RRPAX vs EIRRX

Lowest Drawdown Alternatives to RRPAX

RRPAX has a 1-year max drawdown of -0.95%. There are 5 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	RRPAX vs VTIPX
VTAPX	Vanguard Short-Term Inflation-Protected Securities...	-0.75%	70.50B	Oct 2012	RRPAX vs VTAPX
VTSPX	Vanguard Short-Term Inflation-Protected Securities...	-0.75%	—	Oct 2012	RRPAX vs VTSPX
APOIX	American Century Short Duration Inflation Protecti...	-0.82%	1.19B	May 2005	RRPAX vs APOIX
EIRRX	Eaton Vance Short Duration Inflation-Protected Inc...	-0.89%	—	Mar 2010	RRPAX vs EIRRX

Other Mutual Funds from SEI

The 10 most viewed SEI mutual funds shown here include ENIAX, STDAX, SGYAX and span 8 categories.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
ENIAX	SEI Institutional Investments Trust Opportunistic ...	Ultrashort Bond	99	2.01%	—	Dec 2006	RRPAX vs ENIAX
STDAX	SEI Asset Allocation Trust Defensive Strategy Allo...	Diversified Portfolio	99	1.67%	—	Nov 2003	RRPAX vs STDAX
SGYAX	SEI Institutional Investments Trust High Yield Bon...	High Yield Bonds	55	1.37%	—	Dec 2005	RRPAX vs SGYAX
SEATX	SEI Tax Exempt Trust Tax-Advantaged Income Fund	Intermediate Core-Plus Bond	66	2.44%	—	Sep 2007	RRPAX vs SEATX
SDLAX	SEI Institutional Investments Trust Dynamic Asset ...	Large Cap Blend Equities	48	9.15%	—	Jul 2010	RRPAX vs SDLAX
SPINX	SEI Institutional Investments Trust S&P 500 Index ...	S&P 500	64	10.42%	—	Dec 2013	RRPAX vs SPINX
SICIX	SEI Asset Allocation Trust Conservative Strategy F...	Diversified Portfolio	75	2.57%	—	Nov 2003	RRPAX vs SICIX
SIEMX	SEI Institutional International Trust Emerging Mar...	Emerging Markets Diversified	69	19.12%	—	Jan 1995	RRPAX vs SIEMX
SEITX	SEI Institutional International Trust Internationa...	Foreign Large Cap Equities	56	10.50%	—	Dec 1989	RRPAX vs SEITX
CAVAX	SEI Catholic Values Trust Catholic Values Equity F...	Large Cap Blend Equities	42	8.67%	—	Apr 2015	RRPAX vs CAVAX

Often Compared With RRPAX

Investors most often compare RRPAX with TIILX, BKIPX, FSTZX. These 20 comparison targets span 1 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
TIILX	TIAA-CREF Inflation-Linked Bond Fund	Inflation-Protected Bonds	40	1.03%	—	Sep 2002	RRPAX vs TIILX
BKIPX	iShares Short-Term TIPS Bond Index Fund Class K	Inflation-Protected Bonds	62	1.42%	—	Feb 2016	RRPAX vs BKIPX
FSTZX	Fidelity Series 0-5 Year Inflation-Protected Bond ...	Inflation-Protected Bonds	36	0.57%	—	Jan 2022	RRPAX vs FSTZX
PRAIX	PIMCO Long-Term Real Return Fund	Inflation-Protected Bonds	5	-2.40%	—	Nov 2001	RRPAX vs PRAIX
LIFIX	Lord Abbett Inflation Focused Fund	Inflation-Protected Bonds	72	1.49%	—	Apr 2011	RRPAX vs LIFIX
VIPIX	Vanguard Inflation-Protected Securities Fund Insti...	Inflation-Protected Bonds	23	0.69%	—	Dec 2003	RRPAX vs VIPIX
FIPEX	Fidelity Advisor 529 Inflation-Protected Bond Port...	Inflation-Protected Bonds	21	0.59%	—	—	RRPAX vs FIPEX
ANBIX	AB Bond Inflation Strategy	Inflation-Protected Bonds	48	0.93%	—	Jan 2010	RRPAX vs ANBIX
VAIPX	Vanguard Inflation-Protected Securities Fund Admir...	Inflation-Protected Bonds	23	0.67%	28.40B	Jun 2005	RRPAX vs VAIPX
WAIIX	Western Asset Inflation Indexed Plus Bond Fund	Inflation-Protected Bonds	18	0.47%	—	Feb 2001	RRPAX vs WAIIX
TRBFX	T. Rowe Price Limited Duration Inflation Focused B...	Inflation-Protected Bonds	18	1.30%	—	Sep 2006	RRPAX vs TRBFX
TILUX	Morgan Stanley Pathway Funds Inflation-Linked Fixe...	Inflation-Protected Bonds	11	0.58%	—	Mar 2016	RRPAX vs TILUX
GABFX	GMO Asset Allocation Bond Fund	Inflation-Protected Bonds	3	-5.99%	—	Mar 2009	RRPAX vs GABFX
ACITX	American Century Inflation-Adjusted Bond Fund	Inflation-Protected Bonds	22	0.76%	2.02B	Feb 1997	RRPAX vs ACITX
BPRIX	BlackRock Inflation Protected Bond Fund	Inflation-Protected Bonds	17	0.49%	—	Jun 2004	RRPAX vs BPRIX
DIPSX	DFA Inflation-Protected Securities Portfolio	Inflation-Protected Bonds	22	0.74%	5.08B	Sep 2006	RRPAX vs DIPSX
IBRIX	VY BlackRock Inflation Protected Bond Portfolio	Inflation-Protected Bonds	13	1.47%	—	Apr 2007	RRPAX vs IBRIX
TLDTX	T. Rowe Price U.S. Limited Duration TIPS Index Fun...	Inflation-Protected Bonds	16	1.15%	—	Nov 2020	RRPAX vs TLDTX
VCTPX	VALIC Company I Inflation Protected Fund	Inflation-Protected Bonds	43	1.42%	—	Dec 2004	RRPAX vs VCTPX
VIPSX	Vanguard Inflation-Protected Securities Fund Inves...	Inflation-Protected Bonds	22	0.64%	28.40B	Jun 2000	RRPAX vs VIPSX

Compare RRPAX with Any Fund or Stock

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

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Diversifiers

Pair RRPAX with funds that move differently

SEI Institutional Investments Trust Real Return Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to RRPAX.

Explore RRPAX Diversifiers

SEI Institutional Investments Trust Real Return Fund (RRPAX) Alternatives