DoubleLine Global Bond Fund (DBLGX) 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 DBLGX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to DBLGX
DBLGX charges 0.65% annually. There are 28 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 | DBLGX vs FBIIX | |
| Vanguard Total International Bond II Index Fund | 0.07% | — | Feb 2021 | DBLGX vs VTILX | |
| Vanguard Total International Bond II Index Fund In... | 0.11% | — | Feb 2021 | DBLGX vs VTIIX | |
| Vanguard Total International Bond Index Fund | 0.13% | — | May 2013 | DBLGX vs VTIBX | |
| DFA Selectively Hedged Global Fixed Income Portfol... | 0.16% | — | Jan 2008 | DBLGX vs DFSHX |
Best Risk-Adjusted Alternatives to DBLGX
DBLGX has a PortfoliosLab risk / return rank of 9. There are 47 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 | DBLGX vs DGFFX | |
| Eaton Vance Global Bond Fund | 90 | — | Jun 2007 | DBLGX vs EAIIX | |
| T. Rowe Price Global Multi-Sector Bond Fund | 87 | — | Dec 2008 | DBLGX vs PRSNX | |
| DFA Selectively Hedged Global Fixed Income Portfol... | 86 | — | Jan 2008 | DBLGX vs DFSHX | |
| Payden Global Low Duration Fund | 78 | — | Sep 1996 | DBLGX vs PYGSX |
Top Performing DBLGX Alternatives (YTD)
DBLGX is at 0.37% YTD. There are 41 mutual funds in the Global Bonds category with higher YTD returns, going as high as 3.75%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Eaton Vance Global Bond Fund | 3.75% | — | Jun 2007 | DBLGX vs EAIIX | |
| Dunham International Opportunity Bond Fund | 2.62% | — | Oct 2013 | DBLGX vs DAIOX | |
| Destinations Global Fixed Income Opportunities Fun... | 2.55% | — | Mar 2017 | DBLGX vs DGFFX | |
| Templeton Global Bond Fund | 2.14% | — | Sep 1986 | DBLGX vs TPINX | |
| Templeton Global Bond Fund - Class R | 1.91% | — | Feb 2009 | DBLGX vs FGBRX |
Lowest Volatility Alternatives to DBLGX
DBLGX has 5.60% 1-year volatility. There are 57 mutual funds in the Global Bonds category with lower 1-year volatility, going as low as 1.52%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| DFA Selectively Hedged Global Fixed Income Portfol... | 1.52% | — | Jan 2008 | DBLGX vs DFSHX | |
| Payden Global Low Duration Fund | 1.54% | — | Sep 1996 | DBLGX vs PYGSX | |
| DFA Two Year Global Fixed Income Portfolio | 1.58% | — | Feb 1996 | DBLGX vs DFGFX | |
| DFA Five Year Global Fixed Income Portfolio | 1.88% | — | Nov 1990 | DBLGX vs DFGBX | |
| SA Global Fixed Income Fund | 1.97% | — | Jul 1999 | DBLGX vs SAXIX |
Lowest Drawdown Alternatives to DBLGX
DBLGX has a 1-year max drawdown of -4.76%. There are 56 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 | DBLGX vs DGFFX | |
| Payden Global Low Duration Fund | -1.23% | — | Sep 1996 | DBLGX vs PYGSX | |
| DFA Selectively Hedged Global Fixed Income Portfol... | -1.28% | — | Jan 2008 | DBLGX vs DFSHX | |
| DFA Five Year Global Fixed Income Portfolio | -1.38% | — | Nov 1990 | DBLGX vs DFGBX | |
| DFA Two Year Global Fixed Income Portfolio | -1.41% | — | Feb 1996 | DBLGX vs DFGFX |
Other Mutual Funds from DoubleLine
The 10 most viewed DoubleLine mutual funds shown here include DBLTX, DSL, DSEEX and span 8 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| DoubleLine Total Return Bond Fund Class I | Total Bond Market | 22 | 0.01% | — | Apr 2010 | DBLGX vs DBLTX | |
| DoubleLine Income Solutions Fund | High Yield Bonds | 2 | 1.47% | — | Apr 2013 | DBLGX vs DSL | |
| DoubleLine Shiller Enhanced CAPE | Large Cap Blend Equities | 4 | -2.04% | — | Oct 2013 | DBLGX vs DSEEX | |
| DoubleLine Yield Opportunities Fund | Multisector Bonds | 1 | -0.38% | — | Feb 2020 | DBLGX vs DLY | |
| DoubleLine Low Duration Bond Fund | Short-Term Bond | 97 | 1.06% | — | Sep 2011 | DBLGX vs DBLSX | |
| Doubleline Selective Credit Fund | Multisector Bonds | 94 | 1.71% | — | Aug 2014 | DBLGX vs DBSCX | |
| DoubleLine Core Fixed Income Fund | Intermediate Core-Plus Bond | 23 | 0.02% | — | Jun 2010 | DBLGX vs DBLFX | |
| DoubleLine Flexible Income Fund | Nontraditional Bonds | 98 | 1.61% | — | Apr 2014 | DBLGX vs DFLEX | |
| DoubleLine Strategic Commodity Fund | Commodities | 87 | 29.36% | — | May 2015 | DBLGX vs DBCMX | |
| DoubleLine Infrastructure Income Fund | Intermediate Core-Plus Bond | 47 | 0.86% | — | Apr 2016 | DBLGX vs BILDX |
Often Compared With DBLGX
Investors most often compare DBLGX with DBLIX. These 1 comparison targets span 1 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| DoubleLine Income Fund | Multisector Bonds | — | — | — | Sep 2019 | DBLGX vs DBLIX |
Compare DBLGX with Any Fund or Stock
Compare DBLGX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair DBLGX with funds that move differently
DoubleLine Global Bond Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to DBLGX.
Explore DBLGX Diversifiers