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 SAI 0-5 Year Inflation-Protected Bond Ind... | 0.05% | — | Nov 2025 | WIA vs FFNYX | |
| Fidelity SAI Inflation-Protected Bond Index Fund | 0.05% | — | Aug 2024 | WIA vs FSPWX | |
| Schwab Treasury Inflation Protected Securities Ind... | 0.05% | — | Mar 2006 | WIA vs SWRSX |
Best Risk-Adjusted Alternatives to WIA
WIA has a PortfoliosLab risk / return rank of 11. There are 49 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 | |
|---|---|---|---|---|---|
| Vanguard Short-Term Inflation-Protected Securities... | 91 | — | Oct 2012 | WIA vs VTSPX | |
| Vanguard Short-Term Inflation-Protected Securities... | 91 | 71.10B | Oct 2012 | WIA vs VTAPX | |
| Vanguard Short-Term Inflation-Protected Securities... | 91 | — | Oct 2012 | WIA vs VTIPX | |
| SEI Multi-Asset Real Return Fund Class A | 86 | — | Jul 2011 | WIA vs SEIAX | |
| American Century Short Duration Inflation Protecti... | 80 | 1.19B | May 2005 | WIA vs APOIX |
Top Performing WIA Alternatives (YTD)
WIA is at 0.15% YTD. There are 43 mutual funds in the Inflation-Protected Bonds category with higher YTD returns, going as high as 9.31%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| SEI Multi-Asset Real Return Fund Class A | 9.31% | — | Jul 2011 | WIA vs SEIAX | |
| Allspring Real Return Fund | 8.62% | — | Feb 2003 | WIA vs IPBAX | |
| DFA Global Core Plus Real Return Portfolio | 2.04% | — | May 2021 | WIA vs DFAAX | |
| Vanguard Short-Term Inflation-Protected Securities... | 1.83% | — | Oct 2012 | WIA vs VTSPX | |
| Vanguard Short-Term Inflation-Protected Securities... | 1.81% | 71.10B | Oct 2012 | WIA vs VTAPX |
Lowest Volatility Alternatives to WIA
WIA has 5.75% 1-year volatility. There are 50 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 | |
|---|---|---|---|---|---|
| Vanguard Short-Term Inflation-Protected Securities... | 1.55% | — | Oct 2012 | WIA vs VTIPX | |
| Vanguard Short-Term Inflation-Protected Securities... | 1.57% | 71.10B | Oct 2012 | WIA vs VTAPX | |
| Vanguard Short-Term Inflation-Protected Securities... | 1.58% | — | Oct 2012 | WIA vs VTSPX | |
| Eaton Vance Short Duration Inflation-Protected Inc... | 1.63% | — | Mar 2010 | WIA vs EARRX | |
| Eaton Vance Short Duration Inflation-Protected Inc... | 1.66% | — | Mar 2010 | WIA vs EIRRX |
Lowest Drawdown Alternatives to WIA
WIA has a 1-year max drawdown of -3.95%. There are 49 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 | WIA vs VTIPX | |
| Vanguard Short-Term Inflation-Protected Securities... | -0.75% | — | Oct 2012 | WIA vs VTSPX | |
| Vanguard Short-Term Inflation-Protected Securities... | -0.75% | 71.10B | Oct 2012 | WIA vs VTAPX | |
| American Century Short Duration Inflation Protecti... | -0.82% | 1.19B | May 2005 | WIA vs APOIX | |
| Eaton Vance Short Duration Inflation-Protected Inc... | -0.89% | — | Mar 2010 | WIA vs EIRRX |
Often Compared With WIA
Investors most often compare WIA with LIFAX, IBRIX, WIW. These 7 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 | 70 | 1.22% | — | Jun 2015 | WIA vs LIFAX | |
| VY BlackRock Inflation Protected Bond Portfolio | Inflation-Protected Bonds | 14 | 1.47% | — | Apr 2007 | WIA vs IBRIX | |
| Western Asset Inflation-Linked Opportunities & Inc... | Inflation-Protected Bonds | 11 | 1.25% | — | — | WIA vs WIW | |
| Lord Abbett Inflation Focused Fund | Inflation-Protected Bonds | 73 | 1.32% | — | Apr 2011 | WIA vs LIFIX | |
| Fidelity Series 0-5 Year Inflation-Protected Bond ... | Inflation-Protected Bonds | 36 | 0.67% | — | Jan 2022 | WIA vs FSTZX | |
| Fidelity Inflation-Protected Bond Index Fund | Inflation-Protected Bonds | 23 | 0.55% | — | May 2012 | WIA vs FIPDX | |
| VALIC Company I Inflation Protected Fund | Inflation-Protected Bonds | 34 | 0.96% | — | Dec 2004 | WIA vs VCTPX |
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