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 | |
| Elfun Income Fund | 0.29% | — | Dec 1984 | WIPIX vs EINFX | |
| TIAA-CREF Core Bond Fund | 0.29% | — | Jul 1999 | WIPIX vs TIBDX | |
| 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 26. There are 40 mutual funds in the Intermediate Core-Plus Bond category with higher risk-adjusted ranks, going as high as 98.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Holbrook Income Fund Class I | 98 | — | Jul 2016 | WIPIX vs HOBIX | |
| Leader Capital High Quality Income Fund Institutio... | 93 | — | Jul 2010 | WIPIX vs LCTIX | |
| Leader Capital High Quality Floating Rate Fund Inv... | 91 | — | Jul 2010 | WIPIX vs LCTRX | |
| MassMutual Diversified Bond Fund | 79 | — | May 1999 | WIPIX vs MDVAX | |
| AAMA Income Fund | 72 | — | Jun 2017 | WIPIX vs AMFIX |
Top Performing WIPIX Alternatives (YTD)
WIPIX is at 0.49% YTD. There are 45 mutual funds in the Intermediate Core-Plus Bond category with higher YTD returns, going as high as 2.76%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Putnam Mortgage Securities Fund | 2.76% | — | Feb 1984 | WIPIX vs PGSIX | |
| MassMutual Diversified Bond Fund | 2.47% | — | May 1999 | WIPIX vs MDVAX | |
| Holbrook Income Fund Class I | 2.43% | — | Jul 2016 | WIPIX vs HOBIX | |
| Ancora Income Fund | 2.25% | — | Jan 2004 | WIPIX vs AAIIX | |
| SEI Tax Exempt Trust Tax-Advantaged Income Fund | 2.21% | — | Sep 2007 | WIPIX vs SEATX |
Lowest Volatility Alternatives to WIPIX
WIPIX has 3.77% 1-year volatility. There are 38 mutual funds in the Intermediate Core-Plus Bond category with lower 1-year volatility, going as low as 1.05%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| AAMA Income Fund | 1.05% | — | Jun 2017 | WIPIX vs AMFIX | |
| Archer Income Fund | 1.79% | — | Mar 2011 | WIPIX vs ARINX | |
| Leader Capital High Quality Floating Rate Fund Inv... | 1.91% | — | Jul 2010 | WIPIX vs LCTRX | |
| Leader Capital High Quality Income Fund Institutio... | 1.97% | — | Jul 2010 | WIPIX vs LCTIX | |
| Holbrook Income Fund Class I | 2.01% | — | Jul 2016 | WIPIX vs HOBIX |
Lowest Drawdown Alternatives to WIPIX
WIPIX has a 1-year max drawdown of -2.86%. There are 45 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 | -1.16% | — | Apr 1997 | WIPIX vs GUGAX | |
| Leader Capital High Quality Floating Rate Fund Inv... | -1.17% | — | Jul 2010 | WIPIX vs LCTRX | |
| Leader Capital High Quality Income Fund Institutio... | -1.17% | — | Jul 2010 | WIPIX vs LCTIX |
Other Mutual Funds from Allspring
The 3 most viewed Allspring mutual funds shown here include WFPRX, WMBIX, ESPRX and span 3 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Allspring Special Mid Cap Value Fund Class R6 | Mid Cap Value Equities | 27 | 11.10% | — | Jun 2013 | WIPIX vs WFPRX | |
| Allspring Municipal Bond Fund Institutional Class | Municipal Bonds | 79 | 1.85% | — | Oct 1986 | WIPIX vs WMBIX | |
| Allspring Special Small Cap Value Fund Class R6 | Small Cap Value Equities | 14 | 9.59% | — | Oct 2014 | WIPIX vs ESPRX |
Often Compared With WIPIX
Investors most often compare WIPIX with BCPIX, NPCT. These 2 comparison targets span 1 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Brandes Core Plus Fixed Income Fund | Intermediate Core-Plus Bond | 17 | 0.04% | — | Dec 2007 | WIPIX vs BCPIX | |
| Nuveen Core Plus Impact Fund | Intermediate Core-Plus Bond | 6 | 2.01% | — | Apr 2021 | WIPIX vs NPCT |
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