Allspring Core Plus Bond Fund Institutional Class (WIPIX) belongs to the Intermediate Core-Plus Bond category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with WIPIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to WIPIX
WIPIX charges 0.35% annually. There are 8 mutual funds in the Intermediate Core-Plus Bond category with lower expense ratios, going as low as 0.16%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Mercer Core Fixed Income Fund | 0.16% | — | Aug 2005 | WIPIX vs MCFIX | |
| State Street Income Fund | 0.20% | — | Jan 1980 | WIPIX vs SSASX | |
| TIAA-CREF Core Bond Fund | 0.29% | — | Jul 1999 | WIPIX vs TIBDX | |
| Elfun Income Fund | 0.29% | — | Dec 1984 | WIPIX vs EINFX | |
| Baird Core Plus Bond Fund | 0.30% | — | Sep 2000 | WIPIX vs BCOIX |
Best Risk-Adjusted Alternatives to WIPIX
WIPIX has a PortfoliosLab risk / return rank of 20. There are 84 mutual funds in the Intermediate Core-Plus Bond category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Holbrook Income Fund Class I | 99 | — | Jul 2016 | WIPIX vs HOBIX | |
| Leader Capital High Quality Income Fund Institutio... | 92 | — | Jul 2010 | WIPIX vs LCTIX | |
| GMO Multi-Sector Fixed Income Fund | 90 | — | Apr 1997 | WIPIX vs GUGAX | |
| Leader Capital High Quality Floating Rate Fund Inv... | 89 | — | Jul 2010 | WIPIX vs LCTRX | |
| MassMutual Diversified Bond Fund | 86 | — | May 1999 | WIPIX vs MDVAX |
Top Performing WIPIX Alternatives (YTD)
WIPIX is at -0.32% YTD. There are 39 mutual funds in the Intermediate Core-Plus Bond category with higher YTD returns, going as high as 3.01%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| 1290 Diversified Bond Fund | 3.01% | — | Jul 2015 | WIPIX vs TNUIX | |
| MassMutual Diversified Bond Fund | 2.33% | — | May 1999 | WIPIX vs MDVAX | |
| Holbrook Income Fund Class I | 2.33% | — | Jul 2016 | WIPIX vs HOBIX | |
| Putnam Mortgage Securities Fund | 2.29% | — | Feb 1984 | WIPIX vs PGSIX | |
| Nuveen Core Plus Impact Fund | 1.77% | — | Apr 2021 | WIPIX vs NPCT |
Lowest Volatility Alternatives to WIPIX
WIPIX has 3.77% 1-year volatility. There are 57 mutual funds in the Intermediate Core-Plus Bond category with lower 1-year volatility, going as low as 1.17%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| AAMA Income Fund | 1.17% | — | Jun 2017 | WIPIX vs AMFIX | |
| Archer Income Fund | 1.82% | — | Mar 2011 | WIPIX vs ARINX | |
| Leader Capital High Quality Floating Rate Fund Inv... | 2.04% | — | Jul 2010 | WIPIX vs LCTRX | |
| Holbrook Income Fund Class I | 2.05% | — | Jul 2016 | WIPIX vs HOBIX | |
| Leader Capital High Quality Income Fund Institutio... | 2.10% | — | Jul 2010 | WIPIX vs LCTIX |
Lowest Drawdown Alternatives to WIPIX
WIPIX has a 1-year max drawdown of -2.86%. There are 47 mutual funds in the Intermediate Core-Plus Bond category with shallower 1-year drawdowns, going as shallow as -0.51%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Holbrook Income Fund Class I | -0.51% | — | Jul 2016 | WIPIX vs HOBIX | |
| AAMA Income Fund | -0.74% | — | Jun 2017 | WIPIX vs AMFIX | |
| GMO Multi-Sector Fixed Income Fund | -1.00% | — | Apr 1997 | WIPIX vs GUGAX | |
| Leader Capital High Quality Income Fund Institutio... | -1.17% | — | Jul 2010 | WIPIX vs LCTIX | |
| Leader Capital High Quality Floating Rate Fund Inv... | -1.17% | — | Jul 2010 | WIPIX vs LCTRX |
Other Mutual Funds from Allspring
The 10 most viewed Allspring mutual funds shown here include EKWAX, EKBAX, WFMIX and span 9 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Allspring Precious Metals Fund | Precious Metals | 35 | -9.10% | — | Jan 1998 | WIPIX vs EKWAX | |
| Allspring Diversified Capital Builder Fund | Diversified Portfolio | 87 | 29.12% | — | Jan 1998 | WIPIX vs EKBAX | |
| Allspring Special Mid Cap Value Fund Class I | Mid Cap Value Equities | 37 | 13.27% | — | — | WIPIX vs WFMIX | |
| Allspring Ultra Short-Term Income Fund | Ultrashort Bond | 99 | 1.74% | — | Aug 1999 | WIPIX vs SADIX | |
| Allspring Short-Term Bond Plus Fund | Short-Term Bond | 84 | 0.62% | — | Aug 1999 | WIPIX vs SSHIX | |
| Allspring Premier Large Company Growth Fund | Large Cap Growth Equities | 6 | -0.64% | — | Jan 1998 | WIPIX vs EKJAX | |
| Allspring Special Small Cap Value Fund | Small Cap Value Equities | 25 | 13.11% | — | May 1993 | WIPIX vs ESPAX | |
| Allspring Disciplined U.S. Core Fund | Large Cap Blend Equities | 65 | 9.91% | — | Feb 1990 | WIPIX vs EVSAX | |
| Allspring Discovery Mid Cap Growth Fund | Mid Cap Growth Equities | 8 | 4.63% | — | Feb 2000 | WIPIX vs SENAX | |
| Allspring Asset Allocation Fund | Diversified Portfolio | 55 | 7.16% | — | Jul 1996 | WIPIX vs EAAFX |
Often Compared With WIPIX
Investors most often compare WIPIX with WMBIX, ESPRX, WFPRX. These 7 comparison targets span 4 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Allspring Municipal Bond Fund Institutional Class | Municipal Bonds | 78 | 0.68% | — | Oct 1986 | WIPIX vs WMBIX | |
| Allspring Special Small Cap Value Fund Class R6 | Small Cap Value Equities | 23 | 13.41% | — | Oct 2014 | WIPIX vs ESPRX | |
| Allspring Special Mid Cap Value Fund Class R6 | Mid Cap Value Equities | 32 | 13.33% | — | Jun 2013 | WIPIX vs WFPRX | |
| SEI Tax Exempt Trust Tax-Advantaged Income Fund | Intermediate Core-Plus Bond | 65 | 1.20% | — | Sep 2007 | WIPIX vs SEATX | |
| Ancora Income Fund | Intermediate Core-Plus Bond | 21 | 1.60% | — | Jan 2004 | WIPIX vs AAIIX | |
| Brandes Core Plus Fixed Income Fund | Intermediate Core-Plus Bond | 22 | -0.53% | — | Dec 2007 | WIPIX vs BCPIX | |
| Guggenheim Total Return Bond Fund | Intermediate Core-Plus Bond | 27 | -0.49% | — | Nov 2011 | WIPIX vs GIBIX |
Compare WIPIX with Any Fund or Stock
Compare WIPIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair WIPIX with funds that move differently
Allspring Core Plus Bond Fund Institutional Class alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to WIPIX.
Explore WIPIX Diversifiers