Morgan Stanley Global Opportunity Portfolio Class A (MGGPX) belongs to the Global Equities category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with MGGPX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to MGGPX
MGGPX charges 1.25% annually. There are 209 mutual funds in the Global Equities category with lower expense ratios, going as low as 0.01%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| GMO Global Developed Equity Allocation Fund | 0.01% | — | Jun 2005 | MGGPX vs GWOAX | |
| GMO Global Equity Allocation Fund | 0.01% | — | Nov 1996 | MGGPX vs GMGEX | |
| NYLI CBRE Global Infrastructure Megatrends Term Fu... | 0.02% | — | Jan 2021 | MGGPX vs MEGI | |
| Clough Global Equity Fund | 0.03% | — | Apr 2005 | MGGPX vs GLQ | |
| State Street Global All Cap Equity ex-U.S. Index F... | 0.07% | — | Sep 2014 | MGGPX vs SSGLX |
Best Risk-Adjusted Alternatives to MGGPX
MGGPX has a PortfoliosLab risk / return rank of 2. There are 253 mutual funds in the Global Equities category with higher risk-adjusted ranks, going as high as 98.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| LSV Global Value Fund | 98 | — | Jun 2014 | MGGPX vs LVAGX | |
| LSV Global Managed Volatility Fund | 97 | — | Jun 2014 | MGGPX vs LVAFX | |
| Wasatch Global Value Fund Investor Class Shares | 97 | — | Sep 1996 | MGGPX vs FMIEX | |
| MainStay Epoch Global Equity Yield Fund | 97 | — | Dec 2005 | MGGPX vs EPSYX | |
| Polaris Global Value Fund | 97 | — | May 1998 | MGGPX vs PGVFX |
Top Performing MGGPX Alternatives (YTD)
MGGPX is at 1.62% YTD. There are 240 mutual funds in the Global Equities category with higher YTD returns, going as high as 27.34%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| T. Rowe Price Global Technology Fund I Class | 27.34% | — | Nov 2016 | MGGPX vs PGTIX | |
| AMG Yacktman Global Fund | 26.14% | — | Jan 2017 | MGGPX vs YFSIX | |
| AMG Yacktman Global Fund Class N | 26.02% | — | — | MGGPX vs YFSNX | |
| LSV Global Value Fund | 25.65% | — | Jun 2014 | MGGPX vs LVAGX | |
| Oberweis Global Opportunities Fund | 22.61% | — | Jan 1987 | MGGPX vs OBEGX |
Lowest Volatility Alternatives to MGGPX
MGGPX has 24.60% 1-year volatility. There are 250 mutual funds in the Global Equities category with lower 1-year volatility, going as low as 6.70%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Catalyst/Millburn Hedge Strategy Fund | 6.70% | — | Dec 2015 | MGGPX vs MBXAX | |
| Catalyst/Millburn Hedge Strategy Fund Class I | 6.73% | — | Dec 1996 | MGGPX vs MBXIX | |
| Vanguard Global Minimum Volatility Fund Investor S... | 6.95% | 2.00B | Dec 2013 | MGGPX vs VMVFX | |
| Vanguard Global Minimum Volatility Fund Admiral Sh... | 6.97% | 2.00B | Dec 2013 | MGGPX vs VMNVX | |
| SEI Institutional Managed Trust Global Managed Vol... | 7.39% | — | Jul 2006 | MGGPX vs SVTAX |
Lowest Drawdown Alternatives to MGGPX
MGGPX has a 1-year max drawdown of -28.32%. There are 252 mutual funds in the Global Equities category with shallower 1-year drawdowns, going as shallow as -3.85%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Catalyst/Millburn Hedge Strategy Fund Class I | -3.85% | — | Dec 1996 | MGGPX vs MBXIX | |
| Catalyst/Millburn Hedge Strategy Fund | -3.89% | — | Dec 2015 | MGGPX vs MBXAX | |
| Boston Partners Global Sustainability Fund | -5.17% | — | Dec 2021 | MGGPX vs BPGSX | |
| Russell Investment Tax-Managed Real Assets Fund | -5.21% | — | Jun 2019 | MGGPX vs RTXAX | |
| LSV Global Managed Volatility Fund | -5.76% | — | Jun 2014 | MGGPX vs LVAFX |
Other Mutual Funds from Morgan Stanley
The 10 most viewed Morgan Stanley mutual funds shown here include MSEQX, MACGX, EDD and span 5 categories.
Often Compared With MGGPX
Investors most often compare MGGPX with VOO, RGGYX, FXAIX. These 20 comparison targets span 11 categories, based on PortfoliosLab usage data.
Compare MGGPX with Any Fund or Stock
Compare MGGPX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair MGGPX with funds that move differently
Morgan Stanley Global Opportunity Portfolio Class A alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to MGGPX.
Explore MGGPX Diversifiers