WIW Alternatives & Similar Mutual Funds

Western Asset Inflation-Linked Opportunities & Income Fund (WIW) 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 WIW. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to WIW

Among 55 mutual funds in the Inflation-Protected Bonds category with expense-ratio data, the lowest-cost alternatives shown here go as low as 0.02%.

Symbol	Name	Expense Ratio	AUM	Inception
RRPAX	SEI Institutional Investments Trust Real Return Fu...	0.02%	—	Dec 2006	WIW vs RRPAX
VTSPX	Vanguard Short-Term Inflation-Protected Securities...	0.04%	—	Oct 2012	WIW vs VTSPX
FIPDX	Fidelity Inflation-Protected Bond Index Fund	0.05%	—	May 2012	WIW vs FIPDX
SWRSX	Schwab Treasury Inflation Protected Securities Ind...	0.05%	—	Mar 2006	WIW vs SWRSX
FSPWX	Fidelity SAI Inflation-Protected Bond Index Fund	0.05%	—	Aug 2024	WIW vs FSPWX

Best Risk-Adjusted Alternatives to WIW

WIW has a PortfoliosLab risk / return rank of 9. There are 53 mutual funds in the Inflation-Protected Bonds category with higher risk-adjusted ranks, going as high as 90.

Symbol	Name	Risk / Return Rank	AUM	Inception
VTSPX	Vanguard Short-Term Inflation-Protected Securities...	90	—	Oct 2012	WIW vs VTSPX
VTIPX	Vanguard Short-Term Inflation-Protected Securities...	90	—	Oct 2012	WIW vs VTIPX
VTAPX	Vanguard Short-Term Inflation-Protected Securities...	90	70.50B	Oct 2012	WIW vs VTAPX
IPBAX	Allspring Real Return Fund	81	—	Feb 2003	WIW vs IPBAX
RRPAX	SEI Institutional Investments Trust Real Return Fu...	77	—	Dec 2006	WIW vs RRPAX

Top Performing WIW Alternatives (YTD)

WIW is at 1.71% YTD. There are 6 mutual funds in the Inflation-Protected Bonds category with higher YTD returns, going as high as 10.71%.

Symbol	Name	YTD Return	AUM	Inception
IPBAX	Allspring Real Return Fund	10.71%	—	Feb 2003	WIW vs IPBAX
SEIAX	SEI Multi-Asset Real Return Fund Class A	7.56%	—	Jul 2011	WIW vs SEIAX
DFAAX	DFA Global Core Plus Real Return Portfolio	2.25%	—	May 2021	WIW vs DFAAX
VTSPX	Vanguard Short-Term Inflation-Protected Securities...	1.79%	—	Oct 2012	WIW vs VTSPX
VTAPX	Vanguard Short-Term Inflation-Protected Securities...	1.77%	70.50B	Oct 2012	WIW vs VTAPX

Lowest Volatility Alternatives to WIW

WIW has 6.88% 1-year volatility. There are 53 mutual funds in the Inflation-Protected Bonds category with lower 1-year volatility, going as low as 1.57%.

Symbol	Name	Volatility 1Y	AUM	Inception
VTIPX	Vanguard Short-Term Inflation-Protected Securities...	1.57%	—	Oct 2012	WIW vs VTIPX
VTSPX	Vanguard Short-Term Inflation-Protected Securities...	1.59%	—	Oct 2012	WIW vs VTSPX
VTAPX	Vanguard Short-Term Inflation-Protected Securities...	1.60%	70.50B	Oct 2012	WIW vs VTAPX
EARRX	Eaton Vance Short Duration Inflation-Protected Inc...	1.63%	—	Mar 2010	WIW vs EARRX
EIRRX	Eaton Vance Short Duration Inflation-Protected Inc...	1.66%	—	Mar 2010	WIW vs EIRRX

Lowest Drawdown Alternatives to WIW

WIW has a 1-year max drawdown of -3.61%. There are 47 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
VTIPX	Vanguard Short-Term Inflation-Protected Securities...	-0.72%	—	Oct 2012	WIW vs VTIPX
VTAPX	Vanguard Short-Term Inflation-Protected Securities...	-0.75%	70.50B	Oct 2012	WIW vs VTAPX
VTSPX	Vanguard Short-Term Inflation-Protected Securities...	-0.75%	—	Oct 2012	WIW vs VTSPX
APOIX	American Century Short Duration Inflation Protecti...	-0.82%	1.19B	May 2005	WIW vs APOIX
EIRRX	Eaton Vance Short Duration Inflation-Protected Inc...	-0.89%	—	Mar 2010	WIW vs EIRRX

Often Compared With WIW

Investors most often compare WIW with HIO, BIIPX, FFNYX. These 20 comparison targets span 12 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
HIO	Western Asset High Income Opportunity Fund Inc	High Yield Bonds	3	3.39%	—	Jan 2009	WIW vs HIO
BIIPX	iShares Short-Term TIPS Bond Index Fund	Inflation-Protected Bonds	57	1.39%	—	Feb 2016	WIW vs BIIPX
FFNYX	Fidelity SAI 0-5 Year Inflation-Protected Bond Ind...	Inflation-Protected Bonds	—	—	—	Nov 2025	WIW vs FFNYX
HYT	BlackRock Corporate High Yield Fund	High Yield Bonds	1	1.28%	—	May 2003	WIW vs HYT
FSTZX	Fidelity Series 0-5 Year Inflation-Protected Bond ...	Inflation-Protected Bonds	35	0.67%	—	Jan 2022	WIW vs FSTZX
EDV	Vanguard Extended Duration Treasury ETF	Government Bonds, Long-Term Bond	12	-2.52%	4.30B	Dec 2007	WIW vs EDV
WIA	Western Asset Inflation-Linked Income Fund	Inflation-Protected Bonds	10	0.50%	—	—	WIW vs WIA
IBRIX	VY BlackRock Inflation Protected Bond Portfolio	Inflation-Protected Bonds	14	1.69%	—	Apr 2007	WIW vs IBRIX
DLY	DoubleLine Yield Opportunities Fund	Multisector Bonds	3	1.66%	—	Feb 2020	WIW vs DLY
LIFAX	Lord Abbett Inflation Focused Fund Class A	Inflation-Protected Bonds	66	1.39%	—	Jun 2015	WIW vs LIFAX
AMLP	Alerian MLP ETF	MLPs	56	19.32%	12.42B	Aug 2010	WIW vs AMLP
JBBB	Janus Henderson B-BBB CLO ETF	CLO	58	2.53%	1.37B	Jan 2022	WIW vs JBBB
RVT	Royce Value Trust Inc.		84	15.84%	—	—	WIW vs RVT
IDVO	Amplify CWP International Enhanced Dividend Income...	Derivative Income, Dividend, Foreign Large Cap Equities	75	13.48%	1.30B	Sep 2022	WIW vs IDVO
PAX	Patria Investments Limited		26	-28.36%	—	—	WIW vs PAX
PFFA	Virtus InfraCap U.S. Preferred Stock ETF	Preferred Stock/Convertible Bonds	31	1.97%	2.45B	May 2018	WIW vs PFFA
ARDC	Ares Dynamic Credit Allocation Fund, Inc.		27	-0.27%	—	—	WIW vs ARDC
BDJ	BlackRock Enhanced Equity Dividend Fund	Derivative Income	43	6.43%	—	Aug 2005	WIW vs BDJ
PBDC	Putnam BDC Income ETF	Financials Equities	4	-6.14%	270.76M	Sep 2022	WIW vs PBDC
TRBFX	T. Rowe Price Limited Duration Inflation Focused B...	Inflation-Protected Bonds	20	1.52%	—	Sep 2006	WIW vs TRBFX

Compare WIW with Any Fund or Stock

Compare WIW with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

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Diversifiers

Pair WIW with funds that move differently

Western Asset Inflation-Linked Opportunities & Income Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to WIW.

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Western Asset Inflation-Linked Opportunities & Income Fund (WIW) Alternatives