Western Asset Inflation-Linked Income Fund (WIA) 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 WIA. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to WIA
WIA charges 4.00% annually. There are 54 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 | WIA vs RRPAX | |
| Vanguard Short-Term Inflation-Protected Securities... | 0.04% | — | Oct 2012 | WIA vs VTSPX | |
| Fidelity Inflation-Protected Bond Index Fund | 0.05% | — | May 2012 | WIA vs FIPDX | |
| Schwab Treasury Inflation Protected Securities Ind... | 0.05% | — | Mar 2006 | WIA vs SWRSX | |
| Fidelity SAI Inflation-Protected Bond Index Fund | 0.05% | — | Aug 2024 | WIA vs FSPWX |
Best Risk-Adjusted Alternatives to WIA
WIA has a PortfoliosLab risk / return rank of 14. There are 48 mutual funds in the Inflation-Protected Bonds category with higher risk-adjusted ranks, going as high as 89.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Short-Term Inflation-Protected Securities... | 89 | — | Oct 2012 | WIA vs VTSPX | |
| Vanguard Short-Term Inflation-Protected Securities... | 89 | 70.50B | Oct 2012 | WIA vs VTAPX | |
| Vanguard Short-Term Inflation-Protected Securities... | 88 | — | Oct 2012 | WIA vs VTIPX | |
| Allspring Real Return Fund | 87 | — | Feb 2003 | WIA vs IPBAX | |
| Fidelity Series 0-5 Year Inflation-Protected Bond ... | 86 | — | Jan 2022 | WIA vs FSTZX |
Top Performing WIA Alternatives (YTD)
WIA is at 0.98% YTD. There are 38 mutual funds in the Inflation-Protected Bonds category with higher YTD returns, going as high as 12.87%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Allspring Real Return Fund | 12.87% | — | Feb 2003 | WIA vs IPBAX | |
| SEI Multi-Asset Real Return Fund Class A | 5.53% | — | Jul 2011 | WIA vs SEIAX | |
| DFA Global Core Plus Real Return Portfolio | 2.75% | — | May 2021 | WIA vs DFAAX | |
| VALIC Company I Inflation Protected Fund | 2.00% | — | Dec 2004 | WIA vs VCTPX | |
| VY BlackRock Inflation Protected Bond Portfolio | 1.99% | — | Apr 2007 | WIA vs IBRIX |
Lowest Volatility Alternatives to WIA
WIA has 5.92% 1-year volatility. There are 50 mutual funds in the Inflation-Protected Bonds category with lower 1-year volatility, going as low as 1.56%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Short-Term Inflation-Protected Securities... | 1.56% | — | Oct 2012 | WIA vs VTIPX | |
| Vanguard Short-Term Inflation-Protected Securities... | 1.58% | — | Oct 2012 | WIA vs VTSPX | |
| Vanguard Short-Term Inflation-Protected Securities... | 1.58% | 70.50B | Oct 2012 | WIA vs VTAPX | |
| Eaton Vance Short Duration Inflation-Protected Inc... | 1.62% | — | Mar 2010 | WIA vs EIRRX | |
| Eaton Vance Short Duration Inflation-Protected Inc... | 1.62% | — | Mar 2010 | WIA vs EARRX |
Lowest Drawdown Alternatives to WIA
WIA has a 1-year max drawdown of -3.95%. There are 51 mutual funds in the Inflation-Protected Bonds category with shallower 1-year drawdowns, going as shallow as -0.70%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Series 0-5 Year Inflation-Protected Bond ... | -0.70% | — | Jan 2022 | WIA vs FSTZX | |
| Vanguard Short-Term Inflation-Protected Securities... | -0.72% | — | Oct 2012 | WIA vs VTIPX | |
| Vanguard Short-Term Inflation-Protected Securities... | -0.72% | — | Oct 2012 | WIA vs VTSPX | |
| Vanguard Short-Term Inflation-Protected Securities... | -0.72% | 70.50B | Oct 2012 | WIA vs VTAPX | |
| American Century Short Duration Inflation Protecti... | -0.76% | 1.19B | May 2005 | WIA vs APOIX |
Often Compared With WIA
Investors most often compare WIA with LIFAX, WIW, FFNYX. These 4 comparison targets span 1 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Lord Abbett Inflation Focused Fund Class A | Inflation-Protected Bonds | 68 | 1.00% | — | Jun 2015 | WIA vs LIFAX | |
| Western Asset Inflation-Linked Opportunities & Inc... | Inflation-Protected Bonds | 11 | 1.07% | — | — | WIA vs WIW | |
| Fidelity SAI 0-5 Year Inflation-Protected Bond Ind... | Inflation-Protected Bonds | — | — | — | Nov 2025 | WIA vs FFNYX | |
| Lord Abbett Inflation Focused Fund | Inflation-Protected Bonds | 74 | 1.17% | — | Apr 2011 | WIA vs LIFIX |
Compare WIA with Any Fund or Stock
Compare WIA with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair WIA with funds that move differently
Western Asset Inflation-Linked Income Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to WIA.
Explore WIA Diversifiers