NYLI CBRE Global Infrastructure Megatrends Term Fund (MEGI) belongs to the Infrastructure Equities category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with MEGI. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to MEGI
MEGI charges 0.02% annually. There is 1 mutual fund in the Infrastructure Equities category with a lower expense ratio, going as low as 0.01%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Voya Infrastructure, Industrials and Materials Fun... | 0.01% | — | Jan 2010 | MEGI vs IDE | |
| Frontier MFG Core Infrastructure Fund | 0.50% | — | Jan 2012 | MEGI vs FMGIX | |
| First Sentier American Listed Infrastructure Fund | 0.75% | — | Dec 2020 | MEGI vs FLIAX | |
| Pax Global Sustainable Infrastructure Fund | 0.83% | — | Dec 2016 | MEGI vs PAXDX | |
| Russell Investments Global Infrastructure Fund | 0.85% | — | Sep 2010 | MEGI vs RGIYX |
Best Risk-Adjusted Alternatives to MEGI
MEGI has a PortfoliosLab risk / return rank of 48. There are 21 mutual funds in the Infrastructure Equities category with higher risk-adjusted ranks, going as high as 92.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Recurrent MLP & Infrastructure Fund | 92 | — | Nov 2017 | MEGI vs RMLPX | |
| Duff & Phelps Utility and Infrastructure Fund Inc | 84 | — | Jul 2011 | MEGI vs DPG | |
| JHancock Infrastructure Fund | 82 | — | Dec 2013 | MEGI vs JEEIX | |
| Goldman Sachs Energy Infrastructure Fund | 82 | — | Sep 2017 | MEGI vs GLEIX | |
| abrdn Global Infrastructure Fund | 82 | — | Nov 2008 | MEGI vs AIFRX |
Top Performing MEGI Alternatives (YTD)
MEGI is at 17.91% YTD. There are 10 mutual funds in the Infrastructure Equities category with higher YTD returns, going as high as 39.36%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Recurrent MLP & Infrastructure Fund | 39.36% | — | Nov 2017 | MEGI vs RMLPX | |
| Catalyst Energy Infrastructure Fund | 32.37% | — | Dec 2014 | MEGI vs MLXIX | |
| Goldman Sachs Energy Infrastructure Fund Class P | 26.40% | — | Apr 2018 | MEGI vs GAMPX | |
| Goldman Sachs Energy Infrastructure Fund | 26.38% | — | Sep 2017 | MEGI vs GLEIX | |
| Transamerica Energy Infrastructure | 25.04% | — | Apr 2013 | MEGI vs TMLPX |
Lowest Volatility Alternatives to MEGI
MEGI has 13.67% 1-year volatility. There are 23 mutual funds in the Infrastructure Equities category with lower 1-year volatility, going as low as 7.12%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Pax Global Sustainable Infrastructure Fund | 7.12% | — | Dec 2016 | MEGI vs PAXDX | |
| JHancock Infrastructure Fund | 9.99% | — | Dec 2013 | MEGI vs JEEIX | |
| Centre Global Infrastructure Fund | 10.11% | — | Jan 2018 | MEGI vs DHIVX | |
| Cohen & Steers Global Infrastructure Fund Class A | 10.12% | — | Aug 2017 | MEGI vs CSUAX | |
| Cohen & Steers Global Infrastructure Fund, Inc. | 10.13% | — | May 2004 | MEGI vs CSUIX |
Lowest Drawdown Alternatives to MEGI
MEGI has a 1-year max drawdown of -9.52%. There are 29 mutual funds in the Infrastructure Equities category with shallower 1-year drawdowns, going as shallow as -4.49%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Pax Global Sustainable Infrastructure Fund | -4.49% | — | Dec 2016 | MEGI vs PAXDX | |
| Goldman Sachs Global Infrastructure Fund | -5.59% | — | Jun 2016 | MEGI vs GGINX | |
| Duff & Phelps Utility and Infrastructure Fund Inc | -5.85% | — | Jul 2011 | MEGI vs DPG | |
| Cohen & Steers Global Infrastructure Fund, Inc. | -5.96% | — | May 2004 | MEGI vs CSUIX | |
| Cohen & Steers Global Infrastructure Fund Class A | -5.99% | — | Aug 2017 | MEGI vs CSUAX |
Other Mutual Funds from CBRE
The 1 most viewed CBRE mutual funds shown here include IGR and span 1 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| CBRE Global Real Estate Income Fund | REIT | 17 | 16.83% | — | Feb 2004 | MEGI vs IGR |
Often Compared With MEGI
Investors most often compare MEGI with CAEIX, RTXAX, ASGI. These 20 comparison targets span 12 categories, based on PortfoliosLab usage data.
Compare MEGI with Any Fund or Stock
Compare MEGI with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair MEGI with funds that move differently
NYLI CBRE Global Infrastructure Megatrends Term Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to MEGI.
Explore MEGI Diversifiers