MFS Global Total Return Fund (MFWTX) belongs to the Global Allocation category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with MFWTX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to MFWTX
MFWTX charges 1.09% annually. There are 51 mutual funds in the Global Allocation category with lower expense ratios, going as low as 0.02%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| GMO Implementation Fund | 0.02% | — | Feb 2012 | MFWTX vs GIMFX | |
| Goldman Sachs Growth Strategy Portfolio | 0.19% | — | Jan 1998 | MFWTX vs GGSIX | |
| Voya Global Perspectives Portfolio | 0.20% | — | Apr 2013 | MFWTX vs IPIRX | |
| MH Elite Select Portfolio of Funds Fund | 0.21% | — | Apr 2006 | MFWTX vs MHESX | |
| Janus Henderson Global Allocation Fund - Moderate | 0.25% | — | Dec 2005 | MFWTX vs JNSMX |
Best Risk-Adjusted Alternatives to MFWTX
MFWTX has a PortfoliosLab risk / return rank of 36. There are 65 mutual funds in the Global Allocation category with higher risk-adjusted ranks, going as high as 98.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Thornburg Investment Income Builder Fund | 98 | — | Dec 2002 | MFWTX vs TIBAX | |
| GMO Benchmark-Free Fund | 95 | — | Jun 2011 | MFWTX vs GBFFX | |
| GMO Benchmark-Free Allocation Fund | 94 | — | Jul 2003 | MFWTX vs GBMFX | |
| GMO Implementation Fund | 94 | — | Feb 2012 | MFWTX vs GIMFX | |
| SA Worldwide Moderate Growth Fund | 93 | — | Jun 2015 | MFWTX vs SAWMX |
Top Performing MFWTX Alternatives (YTD)
MFWTX is at 4.21% YTD. There are 68 mutual funds in the Global Allocation category with higher YTD returns, going as high as 23.16%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Calamos Global Total Return Fund | 23.16% | — | Oct 2005 | MFWTX vs CGO | |
| Calamos Global Dynamic Income Fund | 21.48% | — | Jun 2007 | MFWTX vs CHW | |
| Thornburg Investment Income Builder Fund | 16.64% | — | Dec 2002 | MFWTX vs TIBAX | |
| Calamos Global Opportunities Fund | 15.00% | — | Sep 1996 | MFWTX vs CVLOX | |
| Leuthold Global Fund | 13.98% | — | Apr 2008 | MFWTX vs GLBIX |
Lowest Volatility Alternatives to MFWTX
MFWTX has 7.58% 1-year volatility. There are 17 mutual funds in the Global Allocation category with lower 1-year volatility, going as low as 3.03%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Principal Diversified Select Real Asset Fund | 3.03% | — | Jul 2019 | MFWTX vs PDSYX | |
| PFG BNY Mellon Diversifier Strategy Fund | 4.45% | — | Dec 2017 | MFWTX vs PFADX | |
| LoCorr Macro Strategies Fund Class I | 5.68% | — | Mar 2011 | MFWTX vs LFMIX | |
| Pioneer Multi-Asset Income Fund | 5.91% | — | Dec 2011 | MFWTX vs PMFYX | |
| Nuveen Real Asset Income Fund | 5.92% | — | Sep 2011 | MFWTX vs NRIIX |
Lowest Drawdown Alternatives to MFWTX
MFWTX has a 1-year max drawdown of -6.72%. There are 31 mutual funds in the Global Allocation category with shallower 1-year drawdowns, going as shallow as -1.98%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Principal Diversified Select Real Asset Fund | -1.98% | — | Jul 2019 | MFWTX vs PDSYX | |
| LoCorr Macro Strategies Fund Class I | -2.60% | — | Mar 2011 | MFWTX vs LFMIX | |
| PFG BNY Mellon Diversifier Strategy Fund | -3.63% | — | Dec 2017 | MFWTX vs PFADX | |
| Pioneer Multi-Asset Income Fund | -4.08% | — | Dec 2011 | MFWTX vs PMFYX | |
| Morningstar Global Income Fund | -4.38% | — | Nov 2018 | MFWTX vs MSTGX |
Other Mutual Funds from MFS
The 10 most viewed MFS mutual funds shown here include MIEIX, MEIKX, MEIIX and span 4 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| MFS International Equity Fund Class R6 | Foreign Large Cap Equities | 11 | 2.02% | — | Jan 1996 | MFWTX vs MIEIX | |
| MFS Value Fund | Large Cap Value Equities | 33 | 6.47% | — | May 2006 | MFWTX vs MEIKX | |
| MFS Value Fund Class I | Large Cap Value Equities | 32 | 6.41% | — | Feb 1996 | MFWTX vs MEIIX | |
| MFS International Diversification Fund | Foreign Large Cap Equities | 32 | 7.46% | — | Sep 2004 | MFWTX vs MDIJX | |
| MFS Massachusetts Investors Growth Stock Fund | Large Cap Growth Equities | 5 | -5.25% | — | Jan 1935 | MFWTX vs MIGFX | |
| MFS Growth R6 | Large Cap Growth Equities | 8 | 1.54% | — | Jun 2012 | MFWTX vs MFEKX | |
| MFS Growth I | Large Cap Growth Equities | 8 | 1.49% | — | Jul 1997 | MFWTX vs MFEIX | |
| MFS International Intrinsic Value Fund Class I | Large Cap Growth Equities, Foreign Large Cap Equities | 24 | 4.21% | — | — | MFWTX vs MINIX | |
| MFS Value Fund | Large Cap Value Equities | 32 | 6.28% | — | Jan 1996 | MFWTX vs MEIAX | |
| MFS Massachusetts Investors Trust | Large Cap Blend Equities | 30 | 5.54% | — | Jul 1924 | MFWTX vs MITTX |
Often Compared With MFWTX
Investors most often compare MFWTX with COSZX, MALOX, SGENX. These 14 comparison targets span 6 categories, based on PortfoliosLab usage data.
Compare MFWTX with Any Fund or Stock
Compare MFWTX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair MFWTX with funds that move differently
MFS Global Total Return Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to MFWTX.
Explore MFWTX Diversifiers