GF Alternatives & Similar Mutual Funds

The New Germany Fund (GF) belongs to the Foreign Large Cap Equities category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with GF. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to GF

GF charges 0.01% annually. There are 5 mutual funds in the Foreign Large Cap Equities category with lower expense ratios, going as low as 0.01%.

Symbol	Name	Expense Ratio	AUM	Inception
FINVX	Fidelity Series International Value Fund	0.01%	—	Dec 2009	GF vs FINVX
FSGEX	Fidelity Series Global ex U.S. Index Fund	0.01%	—	Sep 2009	GF vs FSGEX
FHLFX	Fidelity Series International Index Fund	0.01%	—	Aug 2018	GF vs FHLFX
FSOSX	Fidelity Series Overseas Fund	0.01%	—	Jun 2019	GF vs FSOSX
FIGSX	Fidelity Series International Growth Fund	0.01%	—	Dec 2009	GF vs FIGSX

Best Risk-Adjusted Alternatives to GF

GF has a PortfoliosLab risk / return rank of 5. There are 414 mutual funds in the Foreign Large Cap Equities category with higher risk-adjusted ranks, going as high as 93.

Symbol	Name	Risk / Return Rank	AUM	Inception
TIVFX	American Beacon Tocqueville International Value Fu...	93	—	Aug 1994	GF vs TIVFX
SWRLX	Touchstone International Equity Fund	93	—	Mar 1993	GF vs SWRLX
GTMIX	GMO Tax-Managed International Equities Fund	91	—	Jul 1998	GF vs GTMIX
THOIX	Thornburg Global Opportunities Fund	91	—	Jul 2006	GF vs THOIX
DCINX	Dunham International Stock Fund	90	—	Dec 2004	GF vs DCINX

Top Performing GF Alternatives (YTD)

GF is at 4.70% YTD. There are 383 mutual funds in the Foreign Large Cap Equities category with higher YTD returns, going as high as 38.55%.

Symbol	Name	YTD Return	AUM	Inception
TIVFX	American Beacon Tocqueville International Value Fu...	38.55%	—	Aug 1994	GF vs TIVFX
CIGIX	Calamos International Growth Fund	35.71%	—	Mar 2005	GF vs CIGIX
LIAGX	Lord Abbett International Growth Fund	31.62%	—	Jun 2021	GF vs LIAGX
FISZX	Fidelity SAI International SMA Completion Fund	31.45%	—	Apr 2019	GF vs FISZX
JIJIX	John Hancock International Dynamic Growth Fund	30.75%	—	May 2019	GF vs JIJIX

Lowest Volatility Alternatives to GF

GF has 19.79% 1-year volatility. There are 419 mutual funds in the Foreign Large Cap Equities category with lower 1-year volatility, going as low as 8.76%.

Symbol	Name	Volatility 1Y	AUM	Inception
FAOSX	Fidelity Advisor Overseas Fund Class Z	8.76%	—	Feb 2017	GF vs FAOSX
FAOCX	Fidelity Advisor Overseas Fund Class C	8.76%	—	Nov 1997	GF vs FAOCX
FAOAX	Fidelity Advisor Overseas Fund Class A	8.76%	—	Sep 1996	GF vs FAOAX
FAERX	Fidelity Advisor Overseas Fund Class M	8.78%	—	Apr 1990	GF vs FAERX
FAOIX	Fidelity Advisor Overseas Fund Class I	8.78%	—	Jul 1995	GF vs FAOIX

Lowest Drawdown Alternatives to GF

GF has a 1-year max drawdown of -18.07%. There are 427 mutual funds in the Foreign Large Cap Equities category with shallower 1-year drawdowns, going as shallow as -6.94%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
RWIIX	Redwood AlphaFactor Tactical International Fund	-6.94%	—	Nov 2017	GF vs RWIIX
IVFIX	Federated Hermes International Strategic Value Div...	-6.97%	—	Jun 2008	GF vs IVFIX
FAOSX	Fidelity Advisor Overseas Fund Class Z	-7.26%	—	Feb 2017	GF vs FAOSX
FAOIX	Fidelity Advisor Overseas Fund Class I	-7.28%	—	Jul 1995	GF vs FAOIX
FAERX	Fidelity Advisor Overseas Fund Class M	-7.29%	—	Apr 1990	GF vs FAERX

Other Mutual Funds from DWS

The 10 most viewed DWS mutual funds shown here include AAAAX, KTCAX, AAAZX and span 9 categories.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
AAAAX	DWS RREEF Real Assets Fund - Class A	Diversified Portfolio	34	8.20%	—	Jul 2007	GF vs AAAAX
KTCAX	DWS Science and Technology Fund	Technology Equities	58	25.69%	—	Sep 1948	GF vs KTCAX
AAAZX	DWS RREEF Real Assets Fund	Global Allocation	35	8.38%	—	Jul 2007	GF vs AAAZX
SCDGX	DWS Core Equity Fund	Large Cap Blend Equities	61	9.70%	—	May 1929	GF vs SCDGX
SEMGX	DWS Emerging Markets Equity Fund	Emerging Markets Diversified	84	36.11%	—	May 1996	GF vs SEMGX
SCOBX	DWS International Growth Fund	Foreign Large Cap Equities	18	9.12%	—	Jul 1986	GF vs SCOBX
SCGSX	DWS Capital Growth Fund	Large Cap Growth Equities	11	4.40%	—	Jul 2000	GF vs SCGSX
SCPIX	DWS S&P 500 Index Fund	S&P 500	65	10.06%	—	Aug 1997	GF vs SCPIX
MGHYX	DWS Global High Income Fund	High Yield Bonds	76	1.59%	—	Mar 1998	GF vs MGHYX
BTIIX	DWS Equity 500 Index Fund	Large Cap Blend Equities	66	10.09%	—	Dec 1992	GF vs BTIIX

Often Compared With GF

Investors most often compare GF with TBGVX, DFWVX, SSIFX. These 8 comparison targets span 2 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
TBGVX	Tweedy, Browne International Value Fund	Foreign Large Cap Equities	45	10.47%	—	Jun 1993	GF vs TBGVX
DFWVX	DFA World ex U.S. Value Portfolio Fund	Foreign Large Cap Equities	88	16.08%	—	Aug 2010	GF vs DFWVX
SSIFX	Sextant International Fund	Foreign Large Cap Equities	47	21.59%	—	Sep 1995	GF vs SSIFX
KGIIX	Kopernik International Fund	Foreign Large Cap Equities	54	5.23%	—	Jun 2015	GF vs KGIIX
EPDPX	EuroPac International Dividend Income Fund Class A	Foreign Large Cap Equities, Dividend	74	8.44%	—	Jan 2014	GF vs EPDPX
SCINX	DWS CROCI International Fund	Foreign Large Cap Equities	65	9.35%	—	Jun 1953	GF vs SCINX
EPDIX	EuroPac International Dividend Income Fund	Foreign Large Cap Equities	75	8.59%	—	Jan 2014	GF vs EPDIX
SAHMX	SA International Value Fund	Foreign Large Cap Equities	88	10.81%	—	Aug 1999	GF vs SAHMX

Compare GF with Any Fund or Stock

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

Symbol name

Diversifiers

Pair GF with funds that move differently

The New Germany Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to GF.

Explore GF Diversifiers

The New Germany Fund (GF) Alternatives