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% | 122.00B | 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 98.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Destinations Global Fixed Income Opportunities Fun... | 98 | — | Mar 2017 | MAWIX vs DGFFX | |
| T. Rowe Price Global Multi-Sector Bond Fund | 90 | — | Dec 2008 | MAWIX vs PRSNX | |
| Eaton Vance Global Bond Fund | 88 | — | Jun 2007 | MAWIX vs EAIIX | |
| DFA Selectively Hedged Global Fixed Income Portfol... | 77 | — | Jan 2008 | MAWIX vs DFSHX | |
| Payden Global Low Duration Fund | 75 | — | Sep 1996 | MAWIX vs PYGSX |
Top Performing MAWIX Alternatives (YTD)
MAWIX is at 0.66% YTD. There are 36 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 | MAWIX vs EAIIX | |
| Dunham International Opportunity Bond Fund | 3.14% | — | Oct 2013 | MAWIX vs DAIOX | |
| Destinations Global Fixed Income Opportunities Fun... | 2.66% | — | Mar 2017 | MAWIX vs DGFFX | |
| T. Rowe Price Global Multi-Sector Bond Fund | 1.82% | — | Dec 2008 | MAWIX vs PRSNX | |
| DFA Two Year Global Fixed Income Portfolio | 1.80% | — | Feb 1996 | MAWIX vs DFGFX |
Lowest Volatility Alternatives to MAWIX
MAWIX has 4.75% 1-year volatility. There are 51 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 | MAWIX vs PYGSX | |
| DFA Two Year Global Fixed Income Portfolio | 1.59% | — | Feb 1996 | MAWIX vs DFGFX | |
| DFA Selectively Hedged Global Fixed Income Portfol... | 1.59% | — | Jan 2008 | MAWIX vs DFSHX | |
| DFA Five Year Global Fixed Income Portfolio | 1.89% | — | Nov 1990 | MAWIX vs DFGBX | |
| SA Global Fixed Income Fund | 1.98% | — | 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 -1.19%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| 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 | |
| DFA Two Year Global Fixed Income Portfolio | -1.41% | — | Feb 1996 | MAWIX vs DFGFX |
Other Mutual Funds from BlackRock
The 10 most viewed BlackRock mutual funds shown here include ECAT, WFSPX, BDMIX and span 9 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| BlackRock ESG Capital Allocation Term Trust | Tactical Allocation, Derivative Income, ESG | 30 | 11.55% | — | Sep 2021 | MAWIX vs ECAT | |
| iShares S&P 500 Index Fund Class K | S&P 500 | 52 | 8.19% | — | Jul 1993 | MAWIX vs WFSPX | |
| BlackRock Global Long/Short Equity Fund Class I | Long-Short | 94 | 12.07% | — | Dec 2012 | MAWIX vs BDMIX | |
| BlackRock LifePath Index 2055 Fund | Target Retirement Date | 53 | 10.22% | — | May 2011 | MAWIX vs LIVIX | |
| Fidelity Asset Manager 70% Fund | Diversified Portfolio | 62 | 10.04% | — | Dec 1991 | MAWIX vs FASGX | |
| BlackRock Enhanced Equity Dividend Fund | Derivative Income | 27 | 2.35% | — | Aug 2005 | MAWIX vs BDJ | |
| AlphaSimplex Managed Futures Strategy Fund Class Y | Systematic Trend | 54 | 9.82% | — | Jul 2010 | MAWIX vs ASFYX | |
| BlackRock Technology Opportunities Fund Investor A | Technology Equities | 50 | 35.11% | — | Apr 2000 | MAWIX vs BGSAX | |
| Fidelity Asset Manager 85% Fund | Diversified Portfolio | 61 | 11.83% | — | Sep 1999 | MAWIX vs FAMRX | |
| Fidelity Asset Manager 40% Fund | Diversified Portfolio | 67 | 6.38% | — | Oct 2007 | MAWIX vs FFANX |
Often Compared With MAWIX
Investors most often compare MAWIX with VXUS, VGCIX, BND. These 20 comparison targets span 12 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