BrandywineGLOBAL Global Income Opportunities Fund (BWG) belongs to the Multisector Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with BWG. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to BWG
BWG charges 2.66% annually. There are 92 mutual funds in the Multisector Bonds category with lower expense ratios, going as low as 0.05%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Doubleline Selective Credit Fund | 0.05% | — | Aug 2014 | BWG vs DBSCX | |
| Vanguard Multi-Sector Income Bond Fund Admiral Sha... | 0.30% | — | Oct 2021 | BWG vs VMSAX | |
| JPMorgan Income Fund Class I | 0.40% | — | Jun 2014 | BWG vs JMSIX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | 0.40% | — | Jul 2016 | BWG vs BWDTX | |
| Mercer Opportunistic Fixed Income Fund | 0.44% | — | Aug 2013 | BWG vs MOFIX |
Best Risk-Adjusted Alternatives to BWG
BWG has a PortfoliosLab risk / return rank of 8. There are 85 mutual funds in the Multisector Bonds category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Nationwide Amundi Strategic Income Fund | 99 | — | Nov 2015 | BWG vs NWXHX | |
| Nationwide Strategic Income A | 99 | — | Nov 2015 | BWG vs NWXEX | |
| Rational Special Situations Income Fund | 98 | — | Jul 2019 | BWG vs RFXIX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | 98 | — | Jul 2016 | BWG vs BWDTX | |
| Oaktree Diversified Income Fund Inc. Class D | 98 | — | Nov 2021 | BWG vs ODIDX |
Top Performing BWG Alternatives (YTD)
BWG is at -0.99% YTD. There are 87 mutual funds in the Multisector Bonds category with higher YTD returns, going as high as 3.47%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| abrdn Income Credit Strategies Fund | 3.47% | — | Jan 2011 | BWG vs ACP | |
| BrandywineGLOBAL - Flexible Bond Fund | 3.07% | — | May 2016 | BWG vs LFLIX | |
| Saba Capital Income & Opportunities Fund | 3.06% | — | Dec 1987 | BWG vs BRW | |
| Intrepid Income Fund | 2.85% | — | Aug 2010 | BWG vs ICMUX | |
| Nationwide Amundi Strategic Income Fund | 2.57% | — | Nov 2015 | BWG vs NWXHX |
Lowest Volatility Alternatives to BWG
BWG has 10.49% 1-year volatility. There are 89 mutual funds in the Multisector Bonds category with lower 1-year volatility, going as low as 1.17%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Nationwide Amundi Strategic Income Fund | 1.17% | — | Nov 2015 | BWG vs NWXHX | |
| Nationwide Strategic Income A | 1.24% | — | Nov 2015 | BWG vs NWXEX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | 1.31% | — | Jul 2016 | BWG vs BWDTX | |
| Rational Special Situations Income Fund | 1.38% | — | Jul 2019 | BWG vs RFXIX | |
| Oaktree Diversified Income Fund Inc. Class D | 1.47% | — | Nov 2021 | BWG vs ODIDX |
Lowest Drawdown Alternatives to BWG
BWG has a 1-year max drawdown of -12.03%. There are 90 mutual funds in the Multisector Bonds category with shallower 1-year drawdowns, going as shallow as -0.41%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Nationwide Amundi Strategic Income Fund | -0.41% | — | Nov 2015 | BWG vs NWXHX | |
| Nationwide Strategic Income A | -0.43% | — | Nov 2015 | BWG vs NWXEX | |
| Rational Special Situations Income Fund | -0.72% | — | Jul 2019 | BWG vs RFXIX | |
| CrossingBridge Low Duration High Yield Fund | -0.73% | — | Jan 2018 | BWG vs CBLDX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | -1.00% | — | Jul 2016 | BWG vs BWDTX |
Other Mutual Funds from Franklin Templeton
The 10 most viewed Franklin Templeton mutual funds shown here include FKDNX, FKRCX, FKINX and span 9 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Franklin DynaTech Fund | Large Cap Growth Equities, Technology Equities | 10 | 1.52% | — | Jan 1968 | BWG vs FKDNX | |
| Franklin Gold and Precious Metals Fund | Gold, Precious Metals | 48 | -10.16% | — | May 1969 | BWG vs FKRCX | |
| Franklin Income Fund Class A1 | Diversified Portfolio | 87 | 5.21% | — | — | BWG vs FKINX | |
| Franklin Growth Fund Class A | Large Cap Growth Equities | 20 | 4.81% | — | Apr 1948 | BWG vs FKGRX | |
| ClearBridge Energy Midstream Opportunity Fund | MLPs, Energy Equities | 44 | 21.52% | — | Jun 2011 | BWG vs EMO | |
| Franklin Rising Dividends Fund | Large Cap Blend Equities | 41 | 8.25% | — | Jan 1987 | BWG vs FRDPX | |
| ClearBridge Large Cap Growth Fund | Large Cap Growth Equities | 6 | -0.11% | — | Aug 1997 | BWG vs SBLGX | |
| Templeton Institutional Fund International Equity ... | Foreign Large Cap Equities | 63 | 13.92% | — | Oct 1990 | BWG vs TFEQX | |
| Franklin Income Fund Advisor Class | Diversified Portfolio | 93 | 5.78% | — | Aug 1997 | BWG vs FRIAX | |
| ClearBridge Aggressive Growth Fund | Large Cap Blend Equities | 6 | 0.24% | — | Oct 1983 | BWG vs SHRAX |
Often Compared With BWG
Investors most often compare BWG with DBL, GBOSX, PFLEX. These 20 comparison targets span 1 categories, based on PortfoliosLab usage data.
Compare BWG with Any Fund or Stock
Compare BWG with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair BWG with funds that move differently
BrandywineGLOBAL Global Income Opportunities Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to BWG.
Explore BWG Diversifiers