Western Asset Inflation Indexed Plus Bond Fund (WAIIX) Alternatives
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 funds that fit a different role in your portfolio.
Cheapest Alternatives to WAIIX
WAIIX charges 0.54% annually. Among mutual funds in the Inflation-Protected Bonds category, these options have the lowest expense ratios among WAIIX alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| SEI Institutional Investments Trust Real Return Fu... | 0.02% | Dec 13, 2006 | WAIIX vs RRPAX | |
| Vanguard Short-Term Inflation-Protected Securities... | 0.04% | Oct 17, 2012 | WAIIX vs VTSPX | |
| Schwab Treasury Inflation Protected Securities Ind... | 0.05% | Mar 30, 2006 | WAIIX vs SWRSX | |
| Fidelity SAI Inflation-Protected Bond Index Fund | 0.05% | Aug 16, 2024 | WAIIX vs FSPWX | |
| Fidelity SAI 0-5 Year Inflation-Protected Bond Ind... | 0.05% | Nov 4, 2025 | WAIIX vs FFNYX |
Best Risk-Adjusted Alternatives to WAIIX
Among mutual funds in the Inflation-Protected Bonds category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.
| Symbol | Name | Risk / Return Rank | Inception | |
|---|---|---|---|---|
| Allspring Real Return Fund | 97 | Feb 27, 2003 | WAIIX vs IPBAX | |
| T. Rowe Price Limited Duration Inflation Focused B... | 96 | Sep 28, 2006 | WAIIX vs TRBFX | |
| Vanguard Short-Term Inflation-Protected Securities... | 96 | Oct 17, 2012 | WAIIX vs VTSPX | |
| Vanguard Short-Term Inflation-Protected Securities... | 96 | Oct 16, 2012 | WAIIX vs VTAPX | |
| Vanguard Short-Term Inflation-Protected Securities... | 95 | Oct 16, 2012 | WAIIX vs VTIPX |
Top Performing WAIIX Alternatives (YTD)
WAIIX alternatives from the Inflation-Protected Bonds category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| Allspring Real Return Fund | 11.78% | Feb 27, 2003 | WAIIX vs IPBAX | |
| SEI Institutional Investments Trust Multi-Asset Re... | 9.31% | Jul 28, 2011 | WAIIX vs SEIAX | |
| Fidelity Series 0-5 Year Inflation-Protected Bond ... | 1.02% | Jan 17, 2022 | WAIIX vs FSTZX | |
| Vanguard Short-Term Inflation-Protected Securities... | 0.97% | Oct 17, 2012 | WAIIX vs VTSPX | |
| Vanguard Short-Term Inflation-Protected Securities... | 0.97% | Oct 16, 2012 | WAIIX vs VTAPX |
Lowest Volatility Alternatives to WAIIX
WAIIX alternatives from the Inflation-Protected Bonds category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| Vanguard Short-Term Inflation-Protected Securities... | 1.78% | Oct 17, 2012 | WAIIX vs VTSPX | |
| Vanguard Short-Term Inflation-Protected Securities... | 1.79% | Oct 16, 2012 | WAIIX vs VTAPX | |
| Vanguard Short-Term Inflation-Protected Securities... | 1.81% | Oct 16, 2012 | WAIIX vs VTIPX | |
| Eaton Vance Short Duration Inflation-Protected Inc... | 1.87% | Mar 31, 2010 | WAIIX vs EARRX | |
| Eaton Vance Short Duration Inflation-Protected Inc... | 1.96% | Mar 31, 2010 | WAIIX vs EIRRX |
Lowest Drawdown Alternatives to WAIIX
WAIIX alternatives from the Inflation-Protected Bonds category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| Vanguard Short-Term Inflation-Protected Securities... | -0.92% | Oct 17, 2012 | WAIIX vs VTSPX | |
| Vanguard Short-Term Inflation-Protected Securities... | -0.92% | Oct 16, 2012 | WAIIX vs VTAPX | |
| Vanguard Short-Term Inflation-Protected Securities... | -0.95% | Oct 16, 2012 | WAIIX vs VTIPX | |
| Fidelity Series 0-5 Year Inflation-Protected Bond ... | -1.03% | Jan 17, 2022 | WAIIX vs FSTZX | |
| iShares Short-Term TIPS Bond Index Fund | -1.12% | Feb 15, 2016 | WAIIX vs BIIPX |
Other Mutual Funds from Franklin Templeton
Most popular Franklin Templeton mutual funds on PortfoliosLab, across asset classes.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| Franklin DynaTech Fund | Large Cap Growth Equities | 21 | -15.24% | Jan 2, 1968 | WAIIX vs FKDNX | |
| Franklin Gold and Precious Metals Fund | Precious Metals | 94 | -2.21% | May 18, 1969 | WAIIX vs FKRCX | |
| Franklin Income Fund Class A1 | Diversified Portfolio | 82 | 2.15% | — | WAIIX vs FKINX | |
| Franklin Growth Fund | Large Cap Growth Equities | 30 | -8.53% | Apr 1, 1948 | WAIIX vs FKGRX | |
| Franklin Rising Dividends Fund | Large Cap Blend Equities | 28 | -4.58% | Jan 14, 1987 | WAIIX vs FRDPX | |
| ClearBridge Energy Midstream Opportunity Fund | MLPs, Energy Equities | 42 | 20.88% | Jun 10, 2011 | WAIIX vs EMO | |
| ClearBridge Large Cap Growth Fund | Large Cap Growth Equities | 7 | -12.79% | Aug 29, 1997 | WAIIX vs SBLGX | |
| ClearBridge Aggressive Growth Fund | Large Cap Blend Equities | 18 | -10.22% | Oct 24, 1983 | WAIIX vs SHRAX | |
| Franklin Income Fund Advisor Class | Diversified Portfolio | 86 | 2.21% | Aug 28, 1997 | WAIIX vs FRIAX | |
| ClearBridge Appreciation Fund | Large Cap Blend Equities | 35 | -6.24% | Mar 10, 1970 | WAIIX vs SHAPX |
Often Compared With WAIIX
What investors most often compare with WAIIX, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| Franklin Liberty U.S. Treasury Bond ETF | Government Bonds, Actively Managed | 46 | 0.19% | Jun 9, 2020 | WAIIX vs FLGV |
Compare WAIIX with Any Fund or Stock
Compare WAIIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.