AB Global Bond Fund Class Z (ANAZX) belongs to the Global Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with ANAZX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to ANAZX
ANAZX charges 0.52% annually. There are 19 mutual funds in the Global Bonds category with lower expense ratios, going as low as 0.06%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity International Bond Index Fund | 0.06% | — | Oct 2019 | ANAZX vs FBIIX | |
| Vanguard Total International Bond II Index Fund | 0.07% | — | Feb 2021 | ANAZX vs VTILX | |
| Vanguard Total International Bond Index Fund Admir... | 0.10% | 122.00B | May 2013 | ANAZX vs VTABX | |
| Vanguard Total International Bond II Index Fund In... | 0.11% | — | Feb 2021 | ANAZX vs VTIIX | |
| Vanguard Total International Bond Index Fund | 0.13% | — | May 2013 | ANAZX vs VTIBX |
Best Risk-Adjusted Alternatives to ANAZX
ANAZX has a PortfoliosLab risk / return rank of 13. There are 35 mutual funds in the Global Bonds category with higher risk-adjusted ranks, going as high as 98.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Destinations Global Fixed Income Opportunities Fun... | 98 | — | Mar 2017 | ANAZX vs DGFFX | |
| T. Rowe Price Global Multi-Sector Bond Fund | 90 | — | Dec 2008 | ANAZX vs PRSNX | |
| Eaton Vance Global Bond Fund | 88 | — | Jun 2007 | ANAZX vs EAIIX | |
| DFA Selectively Hedged Global Fixed Income Portfol... | 77 | — | Jan 2008 | ANAZX vs DFSHX | |
| Payden Global Low Duration Fund | 75 | — | Sep 1996 | ANAZX vs PYGSX |
Top Performing ANAZX Alternatives (YTD)
ANAZX is at 0.73% YTD. There are 33 mutual funds in the Global Bonds category with higher YTD returns, going as high as 3.15%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Eaton Vance Global Bond Fund | 3.15% | — | Jun 2007 | ANAZX vs EAIIX | |
| Dunham International Opportunity Bond Fund | 3.14% | — | Oct 2013 | ANAZX vs DAIOX | |
| Destinations Global Fixed Income Opportunities Fun... | 2.66% | — | Mar 2017 | ANAZX vs DGFFX | |
| T. Rowe Price Global Multi-Sector Bond Fund | 1.82% | — | Dec 2008 | ANAZX vs PRSNX | |
| DFA Two Year Global Fixed Income Portfolio | 1.80% | — | Feb 1996 | ANAZX vs DFGFX |
Lowest Volatility Alternatives to ANAZX
ANAZX has 3.37% 1-year volatility. There are 26 mutual funds in the Global Bonds category with lower 1-year volatility, going as low as 1.56%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Payden Global Low Duration Fund | 1.56% | — | Sep 1996 | ANAZX vs PYGSX | |
| DFA Two Year Global Fixed Income Portfolio | 1.59% | — | Feb 1996 | ANAZX vs DFGFX | |
| DFA Selectively Hedged Global Fixed Income Portfol... | 1.59% | — | Jan 2008 | ANAZX vs DFSHX | |
| DFA Five Year Global Fixed Income Portfolio | 1.89% | — | Nov 1990 | ANAZX vs DFGBX | |
| SA Global Fixed Income Fund | 1.98% | — | Jul 1999 | ANAZX vs SAXIX |
Lowest Drawdown Alternatives to ANAZX
ANAZX has a 1-year max drawdown of -3.12%. There are 30 mutual funds in the Global Bonds category with shallower 1-year drawdowns, going as shallow as -1.19%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Destinations Global Fixed Income Opportunities Fun... | -1.19% | — | Mar 2017 | ANAZX vs DGFFX | |
| Payden Global Low Duration Fund | -1.23% | — | Sep 1996 | ANAZX vs PYGSX | |
| DFA Selectively Hedged Global Fixed Income Portfol... | -1.28% | — | Jan 2008 | ANAZX vs DFSHX | |
| DFA Five Year Global Fixed Income Portfolio | -1.38% | — | Nov 1990 | ANAZX vs DFGBX | |
| DFA Two Year Global Fixed Income Portfolio | -1.41% | — | Feb 1996 | ANAZX vs DFGFX |
Other Mutual Funds from AllianceBernstein
The 10 most viewed AllianceBernstein mutual funds shown here include APGAX, APGYX, APGZX and span 6 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| AB Large Cap Growth Fund Class A | Large Cap Growth Equities | 9 | 0.50% | — | Oct 1996 | ANAZX vs APGAX | |
| AB Large Cap Growth Fund Advisor Class | Large Cap Growth Equities | 9 | 0.62% | — | Jan 1996 | ANAZX vs APGYX | |
| AB Large Cap Growth Fund Class Z | Large Cap Growth Equities | 9 | 0.67% | — | Jul 2015 | ANAZX vs APGZX | |
| AB Growth Fund | Large Cap Growth Equities | 10 | 2.91% | — | Sep 1990 | ANAZX vs AGRFX | |
| AB Municipal Income Shares | High Yield Muni | 71 | 2.22% | — | Aug 2010 | ANAZX vs MISHX | |
| AB High Income Fund | High Yield Bonds | 69 | 1.64% | — | Feb 1994 | ANAZX vs AGDAX | |
| AB Small Cap Growth Portfolio | Small Cap Growth Equities | 34 | 22.83% | — | Feb 1969 | ANAZX vs QUASX | |
| AB Income Fund | Intermediate Core-Plus Bond | 17 | 0.15% | — | Aug 1987 | ANAZX vs ACGYX | |
| AllianceBernstein Global High Income Closed Fund | High Yield Bonds | 3 | -1.65% | — | Jul 1993 | ANAZX vs AWF | |
| AB Sustainable Global Thematic Fund | Global Equities | 5 | 2.40% | — | Feb 1982 | ANAZX vs ALTFX |
Often Compared With ANAZX
Investors most often compare ANAZX with PFORX, BNDX, TNBMX. These 12 comparison targets span 3 categories, based on PortfoliosLab usage data.
Compare ANAZX with Any Fund or Stock
Compare ANAZX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair ANAZX with funds that move differently
AB Global Bond Fund Class Z alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to ANAZX.
Explore ANAZX Diversifiers