WAIIX Alternatives & Similar Mutual Funds

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
RRPAX	SEI Institutional Investments Trust Real Return Fu...	0.02%	—	Dec 2006	WAIIX vs RRPAX
VTSPX	Vanguard Short-Term Inflation-Protected Securities...	0.04%	—	Oct 2012	WAIIX vs VTSPX
FIPDX	Fidelity Inflation-Protected Bond Index Fund	0.05%	—	May 2012	WAIIX vs FIPDX
SWRSX	Schwab Treasury Inflation Protected Securities Ind...	0.05%	—	Mar 2006	WAIIX vs SWRSX
FFNYX	Fidelity SAI 0-5 Year Inflation-Protected Bond Ind...	0.05%	—	Nov 2025	WAIIX vs FFNYX

Best Risk-Adjusted Alternatives to WAIIX

WAIIX has a PortfoliosLab risk / return rank of 15. There are 38 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	WAIIX vs VTSPX
VTAPX	Vanguard Short-Term Inflation-Protected Securities...	91	71.10B	Oct 2012	WAIIX vs VTAPX
VTIPX	Vanguard Short-Term Inflation-Protected Securities...	91	—	Oct 2012	WAIIX vs VTIPX
SEIAX	SEI Multi-Asset Real Return Fund Class A	86	—	Jul 2011	WAIIX vs SEIAX
APOIX	American Century Short Duration Inflation Protecti...	80	1.19B	May 2005	WAIIX vs APOIX

Top Performing WAIIX Alternatives (YTD)

WAIIX is at 0.25% YTD. There are 40 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	WAIIX vs SEIAX
IPBAX	Allspring Real Return Fund	8.62%	—	Feb 2003	WAIIX vs IPBAX
DFAAX	DFA Global Core Plus Real Return Portfolio	2.04%	—	May 2021	WAIIX vs DFAAX
VTSPX	Vanguard Short-Term Inflation-Protected Securities...	1.83%	—	Oct 2012	WAIIX vs VTSPX
VTAPX	Vanguard Short-Term Inflation-Protected Securities...	1.81%	71.10B	Oct 2012	WAIIX vs VTAPX

Lowest Volatility Alternatives to WAIIX

WAIIX has 3.47% 1-year volatility. There are 35 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	WAIIX vs VTIPX
VTAPX	Vanguard Short-Term Inflation-Protected Securities...	1.57%	71.10B	Oct 2012	WAIIX vs VTAPX
VTSPX	Vanguard Short-Term Inflation-Protected Securities...	1.58%	—	Oct 2012	WAIIX vs VTSPX
EARRX	Eaton Vance Short Duration Inflation-Protected Inc...	1.63%	—	Mar 2010	WAIIX vs EARRX
EIRRX	Eaton Vance Short Duration Inflation-Protected Inc...	1.66%	—	Mar 2010	WAIIX vs EIRRX

Lowest Drawdown Alternatives to WAIIX

WAIIX has a 1-year max drawdown of -2.18%. There are 34 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	WAIIX vs VTIPX
VTSPX	Vanguard Short-Term Inflation-Protected Securities...	-0.75%	—	Oct 2012	WAIIX vs VTSPX
VTAPX	Vanguard Short-Term Inflation-Protected Securities...	-0.75%	71.10B	Oct 2012	WAIIX vs VTAPX
APOIX	American Century Short Duration Inflation Protecti...	-0.82%	1.19B	May 2005	WAIIX vs APOIX
EIRRX	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
FKDNX	Franklin DynaTech Fund	Large Cap Growth Equities, Technology Equities	10	1.52%	—	Jan 1968	WAIIX vs FKDNX
FKRCX	Franklin Gold and Precious Metals Fund	Gold, Precious Metals	48	-10.16%	—	May 1969	WAIIX vs FKRCX
FKINX	Franklin Income Fund Class A1	Diversified Portfolio	87	5.21%	—	—	WAIIX vs FKINX
FKGRX	Franklin Growth Fund Class A	Large Cap Growth Equities	20	4.81%	—	Apr 1948	WAIIX vs FKGRX
EMO	ClearBridge Energy Midstream Opportunity Fund Inc.	MLPs, Energy Equities	44	21.52%	—	Jun 2011	WAIIX vs EMO
FRDPX	Franklin Rising Dividends Fund	Large Cap Blend Equities	41	8.25%	—	Jan 1987	WAIIX vs FRDPX
SBLGX	ClearBridge Large Cap Growth Fund	Large Cap Growth Equities	6	-0.11%	—	Aug 1997	WAIIX vs SBLGX
TFEQX	Templeton Institutional Fund International Equity ...	Foreign Large Cap Equities	63	13.92%	—	Oct 1990	WAIIX vs TFEQX
FRIAX	Franklin Income Fund Advisor Class	Diversified Portfolio	93	5.78%	—	Aug 1997	WAIIX vs FRIAX
SHRAX	ClearBridge Aggressive Growth Fund	Large Cap Blend Equities	6	0.24%	—	Oct 1983	WAIIX vs SHRAX

Often Compared With WAIIX

Investors most often compare WAIIX with FLGV, FSPWX, TRBFX. These 11 comparison targets span 4 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
FLGV	Franklin Liberty U.S. Treasury Bond ETF	Government Bonds	23	-0.65%	1.03B	Jun 2020	WAIIX vs FLGV
FSPWX	Fidelity SAI Inflation-Protected Bond Index Fund	Inflation-Protected Bonds	9	-0.66%	—	Aug 2024	WAIIX vs FSPWX
TRBFX	T. Rowe Price Limited Duration Inflation Focused B...	Inflation-Protected Bonds	21	1.30%	—	Sep 2006	WAIIX vs TRBFX
FSTZX	Fidelity Series 0-5 Year Inflation-Protected Bond ...	Inflation-Protected Bonds	36	0.67%	—	Jan 2022	WAIIX vs FSTZX
BIIPX	iShares Short-Term TIPS Bond Index Fund	Inflation-Protected Bonds	59	1.07%	—	Feb 2016	WAIIX vs BIIPX
VCTPX	VALIC Company I Inflation Protected Fund	Inflation-Protected Bonds	34	0.96%	—	Dec 2004	WAIIX vs VCTPX
SHAPX	ClearBridge Appreciation Fund	Large Cap Blend Equities	32	5.87%	—	Mar 1970	WAIIX vs SHAPX
LIFIX	Lord Abbett Inflation Focused Fund	Inflation-Protected Bonds	73	1.32%	—	Apr 2011	WAIIX vs LIFIX
FSTDX	Fidelity Series 5+ Year Inflation-Protected Bond I...	Inflation-Protected Bonds	5	-1.66%	—	Jan 2022	WAIIX vs FSTDX
FKUTX	Franklin Utilities Fund	Utilities Equities	23	7.52%	—	Sep 1948	WAIIX vs FKUTX
IBRIX	VY BlackRock Inflation Protected Bond Portfolio	Inflation-Protected Bonds	14	1.47%	—	Apr 2007	WAIIX vs IBRIX

Compare WAIIX with Any Fund or Stock

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

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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.

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Western Asset Inflation Indexed Plus Bond Fund (WAIIX) Alternatives