Western Asset Inflation Indexed Plus Bond Fund (WAIIX) 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 WAIIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to WAIIX
WAIIX charges 0.54% annually. There are 38 mutual funds in the Inflation-Protected Bonds category with lower expense ratios, going as low as 0.02%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| SEI Institutional Investments Trust Real Return Fu... | 0.02% | — | Dec 2006 | WAIIX vs RRPAX | |
| Vanguard Short-Term Inflation-Protected Securities... | 0.04% | — | Oct 2012 | WAIIX vs VTSPX | |
| Schwab Treasury Inflation Protected Securities Ind... | 0.05% | — | Mar 2006 | WAIIX vs SWRSX | |
| Fidelity SAI Inflation-Protected Bond Index Fund | 0.05% | — | Aug 2024 | WAIIX vs FSPWX | |
| Fidelity Inflation-Protected Bond Index Fund | 0.05% | — | May 2012 | WAIIX vs FIPDX |
Best Risk-Adjusted Alternatives to WAIIX
WAIIX has a PortfoliosLab risk / return rank of 18. There are 38 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 | |
|---|---|---|---|---|---|
| Vanguard Short-Term Inflation-Protected Securities... | 90 | — | Oct 2012 | WAIIX vs VTSPX | |
| Vanguard Short-Term Inflation-Protected Securities... | 90 | 70.50B | Oct 2012 | WAIIX vs VTAPX | |
| Vanguard Short-Term Inflation-Protected Securities... | 90 | — | Oct 2012 | WAIIX vs VTIPX | |
| Allspring Real Return Fund | 82 | — | Feb 2003 | WAIIX vs IPBAX | |
| SEI Institutional Investments Trust Real Return Fu... | 81 | — | Dec 2006 | WAIIX vs RRPAX |
Top Performing WAIIX Alternatives (YTD)
WAIIX is at 0.68% YTD. There are 42 mutual funds in the Inflation-Protected Bonds category with higher YTD returns, going as high as 11.21%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Allspring Real Return Fund | 11.21% | — | Feb 2003 | WAIIX vs IPBAX | |
| SEI Multi-Asset Real Return Fund Class A | 6.75% | — | Jul 2011 | WAIIX vs SEIAX | |
| DFA Global Core Plus Real Return Portfolio | 2.46% | — | May 2021 | WAIIX vs DFAAX | |
| VY BlackRock Inflation Protected Bond Portfolio | 1.80% | — | Apr 2007 | WAIIX vs IBRIX | |
| Vanguard Short-Term Inflation-Protected Securities... | 1.75% | — | Oct 2012 | WAIIX vs VTSPX |
Lowest Volatility Alternatives to WAIIX
WAIIX has 3.52% 1-year volatility. There are 35 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 | |
|---|---|---|---|---|---|
| Vanguard Short-Term Inflation-Protected Securities... | 1.57% | — | Oct 2012 | WAIIX vs VTIPX | |
| Vanguard Short-Term Inflation-Protected Securities... | 1.59% | 70.50B | Oct 2012 | WAIIX vs VTAPX | |
| Vanguard Short-Term Inflation-Protected Securities... | 1.59% | — | Oct 2012 | WAIIX vs VTSPX | |
| Eaton Vance Short Duration Inflation-Protected Inc... | 1.63% | — | Mar 2010 | WAIIX vs EARRX | |
| Eaton Vance Short Duration Inflation-Protected Inc... | 1.65% | — | Mar 2010 | WAIIX vs EIRRX |
Lowest Drawdown Alternatives to WAIIX
WAIIX has a 1-year max drawdown of -2.18%. There are 35 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 | |
|---|---|---|---|---|---|
| Vanguard Short-Term Inflation-Protected Securities... | -0.72% | — | Oct 2012 | WAIIX vs VTIPX | |
| Vanguard Short-Term Inflation-Protected Securities... | -0.75% | 70.50B | Oct 2012 | WAIIX vs VTAPX | |
| Vanguard Short-Term Inflation-Protected Securities... | -0.75% | — | Oct 2012 | WAIIX vs VTSPX | |
| American Century Short Duration Inflation Protecti... | -0.82% | 1.19B | May 2005 | WAIIX vs APOIX | |
| Eaton Vance Short Duration Inflation-Protected Inc... | -0.89% | — | Mar 2010 | WAIIX vs EIRRX |
Other Mutual Funds from Franklin Templeton
The 10 most viewed Franklin Templeton mutual funds shown here include FKDNX, FKRCX, FKINX and span 9 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Franklin DynaTech Fund | Large Cap Growth Equities, Technology Equities | 17 | 9.66% | — | Jan 1968 | WAIIX vs FKDNX | |
| Franklin Gold and Precious Metals Fund | Gold, Precious Metals | 34 | -8.99% | — | May 1969 | WAIIX vs FKRCX | |
| Franklin Income Fund Class A1 | Diversified Portfolio | 80 | 5.21% | — | — | WAIIX vs FKINX | |
| Franklin Growth Fund | Large Cap Growth Equities | 23 | 6.65% | — | Apr 1948 | WAIIX vs FKGRX | |
| ClearBridge Energy Midstream Opportunity Fund | MLPs, Energy Equities | 34 | 20.75% | — | Jun 2011 | WAIIX vs EMO | |
| Franklin Rising Dividends Fund | Large Cap Blend Equities | 28 | 6.78% | — | Jan 1987 | WAIIX vs FRDPX | |
| ClearBridge Large Cap Growth Fund | Large Cap Growth Equities | 8 | 4.70% | — | Aug 1997 | WAIIX vs SBLGX | |
| Franklin Income Fund Advisor Class | Diversified Portfolio | 86 | 5.36% | — | Aug 1997 | WAIIX vs FRIAX | |
| ClearBridge Aggressive Growth Fund | Large Cap Blend Equities | 8 | 3.59% | — | Oct 1983 | WAIIX vs SHRAX | |
| Templeton Institutional Fund International Equity ... | Foreign Large Cap Equities | 43 | 15.10% | — | Oct 1990 | WAIIX vs TFEQX |
Often Compared With WAIIX
Investors most often compare WAIIX with FLGV, FFNYX, TRBFX. These 10 comparison targets span 4 categories, based on PortfoliosLab usage data.
Compare WAIIX with Any Fund or Stock
Compare WAIIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair WAIIX with funds that move differently
Western Asset Inflation Indexed Plus Bond Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to WAIIX.
Explore WAIIX Diversifiers