BlackRock Strategic Global Bond Fund (MAWIX) 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 MAWIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to MAWIX
MAWIX charges 0.57% annually. There are 25 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 | MAWIX vs FBIIX | |
| Vanguard Total International Bond II Index Fund | 0.07% | — | Feb 2021 | MAWIX vs VTILX | |
| Vanguard Total International Bond Index Fund Admir... | 0.10% | 123.30B | May 2013 | MAWIX vs VTABX | |
| Vanguard Total International Bond II Index Fund In... | 0.11% | — | Feb 2021 | MAWIX vs VTIIX | |
| Vanguard Total International Bond Index Fund | 0.13% | — | May 2013 | MAWIX vs VTIBX |
Best Risk-Adjusted Alternatives to MAWIX
MAWIX has a PortfoliosLab risk / return rank of 12. There are 37 mutual funds in the Global Bonds category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| DFA Two Year Global Fixed Income Portfolio | 100 | — | Feb 1996 | MAWIX vs DFGFX | |
| Destinations Global Fixed Income Opportunities Fun... | 98 | — | Mar 2017 | MAWIX vs DGFFX | |
| Eaton Vance Global Bond Fund | 96 | — | Jun 2007 | MAWIX vs EAIIX | |
| DFA Selectively Hedged Global Fixed Income Portfol... | 83 | — | Jan 2008 | MAWIX vs DFSHX | |
| Payden Global Low Duration Fund | 80 | — | Sep 1996 | MAWIX vs PYGSX |
Top Performing MAWIX Alternatives (YTD)
MAWIX is at 0.07% YTD. There are 37 mutual funds in the Global Bonds category with higher YTD returns, going as high as 4.66%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Eaton Vance Global Bond Fund | 4.66% | — | Jun 2007 | MAWIX vs EAIIX | |
| Templeton Global Bond Fund | 3.49% | — | Sep 1986 | MAWIX vs TPINX | |
| Templeton Global Bond Fund - Class R | 3.37% | — | Feb 2009 | MAWIX vs FGBRX | |
| Destinations Global Fixed Income Opportunities Fun... | 3.02% | — | Mar 2017 | MAWIX vs DGFFX | |
| BrandywineGLOBAL - Global Opportunities Bond Fund | 2.79% | — | Oct 2006 | MAWIX vs GOBSX |
Lowest Volatility Alternatives to MAWIX
MAWIX has 4.55% 1-year volatility. There are 51 mutual funds in the Global Bonds category with lower 1-year volatility, going as low as 0.74%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| DFA Two Year Global Fixed Income Portfolio | 0.74% | — | Feb 1996 | MAWIX vs DFGFX | |
| Payden Global Low Duration Fund | 1.45% | — | Sep 1996 | MAWIX vs PYGSX | |
| DFA Five Year Global Fixed Income Portfolio | 1.56% | — | Nov 1990 | MAWIX vs DFGBX | |
| DFA Selectively Hedged Global Fixed Income Portfol... | 1.65% | — | Jan 2008 | MAWIX vs DFSHX | |
| SA Global Fixed Income Fund | 1.97% | — | Jul 1999 | MAWIX vs SAXIX |
Lowest Drawdown Alternatives to MAWIX
MAWIX has a 1-year max drawdown of -4.39%. There are 52 mutual funds in the Global Bonds category with shallower 1-year drawdowns, going as shallow as -0.20%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| DFA Two Year Global Fixed Income Portfolio | -0.20% | — | Feb 1996 | MAWIX vs DFGFX | |
| Destinations Global Fixed Income Opportunities Fun... | -1.19% | — | Mar 2017 | MAWIX vs DGFFX | |
| Payden Global Low Duration Fund | -1.23% | — | Sep 1996 | MAWIX vs PYGSX | |
| DFA Selectively Hedged Global Fixed Income Portfol... | -1.28% | — | Jan 2008 | MAWIX vs DFSHX | |
| DFA Five Year Global Fixed Income Portfolio | -1.38% | — | Nov 1990 | MAWIX vs DFGBX |
Other Mutual Funds from BlackRock
The 10 most viewed BlackRock mutual funds shown here include ECAT, WFSPX, BDMIX and span 10 categories.
Often Compared With MAWIX
Investors most often compare MAWIX with VXUS, VGCIX, BND. These 20 comparison targets span 15 categories, based on PortfoliosLab usage data.
Compare MAWIX with Any Fund or Stock
Compare MAWIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair MAWIX with funds that move differently
BlackRock Strategic Global Bond Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to MAWIX.
Explore MAWIX Diversifiers