MFS Global Opportunistic Bond Fund (MGBJX) 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 MGBJX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to MGBJX
MGBJX charges 0.68% annually. There are 37 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 | MGBJX vs FBIIX | |
| Vanguard Total International Bond II Index Fund | 0.07% | — | Feb 2021 | MGBJX vs VTILX | |
| Vanguard Total International Bond Index Fund Admir... | 0.10% | 122.00B | May 2013 | MGBJX vs VTABX | |
| Vanguard Total International Bond II Index Fund In... | 0.11% | — | Feb 2021 | MGBJX vs VTIIX | |
| Vanguard Total International Bond Index Fund | 0.13% | — | May 2013 | MGBJX vs VTIBX |
Best Risk-Adjusted Alternatives to MGBJX
MGBJX has a PortfoliosLab risk / return rank of 26. There are 21 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 | MGBJX vs DGFFX | |
| T. Rowe Price Global Multi-Sector Bond Fund | 94 | — | Dec 2008 | MGBJX vs PRSNX | |
| Eaton Vance Global Bond Fund | 87 | — | Jun 2007 | MGBJX vs EAIIX | |
| DFA Selectively Hedged Global Fixed Income Portfol... | 84 | — | Jan 2008 | MGBJX vs DFSHX | |
| Payden Global Low Duration Fund | 82 | — | Sep 1996 | MGBJX vs PYGSX |
Top Performing MGBJX Alternatives (YTD)
MGBJX is at 1.02% YTD. There are 39 mutual funds in the Global Bonds category with higher YTD returns, going as high as 3.37%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Eaton Vance Global Bond Fund | 3.37% | — | Jun 2007 | MGBJX vs EAIIX | |
| Dunham International Opportunity Bond Fund | 3.27% | — | Oct 2013 | MGBJX vs DAIOX | |
| Destinations Global Fixed Income Opportunities Fun... | 2.80% | — | Mar 2017 | MGBJX vs DGFFX | |
| T. Rowe Price Global Multi-Sector Bond Fund | 2.69% | — | Dec 2008 | MGBJX vs PRSNX | |
| DFA Global Core Plus Fixed Income Portfolio | 2.10% | — | Jan 2018 | MGBJX vs DGCFX |
Lowest Volatility Alternatives to MGBJX
MGBJX has 3.53% 1-year volatility. There are 33 mutual funds in the Global Bonds category with lower 1-year volatility, going as low as 1.55%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Payden Global Low Duration Fund | 1.55% | — | Sep 1996 | MGBJX vs PYGSX | |
| DFA Selectively Hedged Global Fixed Income Portfol... | 1.59% | — | Jan 2008 | MGBJX vs DFSHX | |
| DFA Two Year Global Fixed Income Portfolio | 1.59% | — | Feb 1996 | MGBJX vs DFGFX | |
| DFA Five Year Global Fixed Income Portfolio | 1.90% | — | Nov 1990 | MGBJX vs DFGBX | |
| SA Global Fixed Income Fund | 1.97% | — | Jul 1999 | MGBJX vs SAXIX |
Lowest Drawdown Alternatives to MGBJX
MGBJX has a 1-year max drawdown of -3.13%. There are 31 mutual funds in the Global Bonds category with shallower 1-year drawdowns, going as shallow as -0.10%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| DFA Two Year Global Fixed Income Portfolio | -0.10% | — | Feb 1996 | MGBJX vs DFGFX | |
| Destinations Global Fixed Income Opportunities Fun... | -1.19% | — | Mar 2017 | MGBJX vs DGFFX | |
| Payden Global Low Duration Fund | -1.23% | — | Sep 1996 | MGBJX vs PYGSX | |
| DFA Selectively Hedged Global Fixed Income Portfol... | -1.28% | — | Jan 2008 | MGBJX vs DFSHX | |
| DFA Five Year Global Fixed Income Portfolio | -1.38% | — | Nov 1990 | MGBJX vs DFGBX |
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 | 3.08% | — | Jan 1996 | MGBJX vs MIEIX | |
| MFS Value Fund | Large Cap Value Equities | 36 | 6.87% | — | May 2006 | MGBJX vs MEIKX | |
| MFS Value Fund Class I | Large Cap Value Equities | 35 | 6.82% | — | Feb 1996 | MGBJX vs MEIIX | |
| MFS International Diversification Fund | Foreign Large Cap Equities | 32 | 8.43% | — | Sep 2004 | MGBJX vs MDIJX | |
| MFS Massachusetts Investors Growth Stock Fund | Large Cap Growth Equities | 5 | -4.36% | — | Jan 1935 | MGBJX vs MIGFX | |
| MFS Growth R6 | Large Cap Growth Equities | 8 | 2.50% | — | Jun 2012 | MGBJX vs MFEKX | |
| MFS Growth I | Large Cap Growth Equities | 8 | 2.45% | — | Jul 1997 | MGBJX vs MFEIX | |
| MFS International Intrinsic Value Fund Class I | Large Cap Growth Equities, Foreign Large Cap Equities | 23 | 4.52% | — | — | MGBJX vs MINIX | |
| MFS Value Fund | Large Cap Value Equities | 33 | 6.67% | — | Jan 1996 | MGBJX vs MEIAX | |
| MFS Massachusetts Investors Trust | Large Cap Blend Equities | 28 | 5.68% | — | Jul 1924 | MGBJX vs MITTX |
Often Compared With MGBJX
Investors most often compare MGBJX with FGBRX, TPINX. These 2 comparison targets span 1 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Templeton Global Bond Fund - Class R | Global Bonds | 10 | 1.61% | — | Feb 2009 | MGBJX vs FGBRX | |
| Templeton Global Bond Fund | Global Bonds | 11 | 1.71% | — | Sep 1986 | MGBJX vs TPINX |
Compare MGBJX with Any Fund or Stock
Compare MGBJX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair MGBJX with funds that move differently
MFS Global Opportunistic Bond Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to MGBJX.
Explore MGBJX Diversifiers