DWS Global High Income Fund (MGHYX) Alternatives
DWS Global High Income Fund (MGHYX) belongs to the High Yield Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with MGHYX. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.
Cheapest Alternatives to MGHYX
MGHYX charges 0.60% annually. Among mutual funds in the High Yield Bonds category, these options have the lowest expense ratios among MGHYX alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| Federated Hermes High-Yield Strategy Portfolio | 0.02% | Dec 24, 2008 | MGHYX vs FHYSX | |
| Vanguard High-Yield Corporate Fund Admiral Shares | 0.13% | Nov 12, 2001 | MGHYX vs VWEAX | |
| PIA High Yield (MACS) Fund | 0.20% | Dec 26, 2017 | MGHYX vs PIAMX | |
| Vanguard High-Yield Corporate Fund Investor Shares | 0.23% | Dec 27, 1978 | MGHYX vs VWEHX | |
| Six Circles Credit Opportunities Fund | 0.29% | Nov 22, 2020 | MGHYX vs CRDOX |
Best Risk-Adjusted Alternatives to MGHYX
Among mutual funds in the High Yield Bonds category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.
| Symbol | Name | Risk / Return Rank | Inception | |
|---|---|---|---|---|
| Pioneer ILS Interval Fund | 100 | Dec 16, 2014 | MGHYX vs XILSX | |
| Cliffwater Corporate Lending Fund | 100 | Mar 6, 2019 | MGHYX vs CCLFX | |
| RiverPark Short Term High Yield Fund | 99 | Sep 30, 2010 | MGHYX vs RPHIX | |
| T. Rowe Price Floating Rate Fund | 99 | Jul 29, 2011 | MGHYX vs PRFRX | |
| T. Rowe Price Credit Opportunities Fund | 98 | Apr 29, 2014 | MGHYX vs PRCPX |
Top Performing MGHYX Alternatives (YTD)
MGHYX alternatives from the High Yield Bonds category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| Fairholme Focused Income Fund | 6.09% | Dec 31, 2009 | MGHYX vs FOCIX | |
| Pioneer ILS Interval Fund | 6.00% | Dec 16, 2014 | MGHYX vs XILSX | |
| Franklin Templeton SMACS: Series I | 1.02% | Jun 3, 2019 | MGHYX vs FQTIX | |
| Cliffwater Corporate Lending Fund | 0.96% | Mar 6, 2019 | MGHYX vs CCLFX | |
| Nuveen Global High Income Fund | 0.85% | Nov 24, 2014 | MGHYX vs JGH |
Lowest Volatility Alternatives to MGHYX
MGHYX alternatives from the High Yield Bonds category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| Cliffwater Corporate Lending Fund | 0.97% | Mar 6, 2019 | MGHYX vs CCLFX | |
| RiverPark Short Term High Yield Fund | 1.02% | Sep 30, 2010 | MGHYX vs RPHIX | |
| Chartwell Short Duration High Yield Fund | 1.74% | Jul 15, 2014 | MGHYX vs CWFIX | |
| Changing Parameters Fund | 1.90% | Oct 2, 2006 | MGHYX vs CPMPX | |
| Shenkman Capital Short Duration High Income Fund | 1.96% | Oct 31, 2012 | MGHYX vs SCFIX |
Lowest Drawdown Alternatives to MGHYX
MGHYX alternatives from the High Yield Bonds category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| Pioneer ILS Interval Fund | -0.21% | Dec 16, 2014 | MGHYX vs XILSX | |
| Cliffwater Corporate Lending Fund | -0.38% | Mar 6, 2019 | MGHYX vs CCLFX | |
| RiverPark Short Term High Yield Fund | -0.41% | Sep 30, 2010 | MGHYX vs RPHIX | |
| Toews Tactical Income Fund | -1.12% | Jun 4, 2010 | MGHYX vs THHYX | |
| Changing Parameters Fund | -1.31% | Oct 2, 2006 | MGHYX vs CPMPX |
Other Mutual Funds from DWS
Most popular DWS mutual funds on PortfoliosLab, across asset classes.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| DWS RREEF Real Assets Fund - Class A | Diversified Portfolio | 82 | 9.77% | Jul 30, 2007 | MGHYX vs AAAAX | |
| DWS Science and Technology Fund | Technology Equities | 52 | -7.94% | Sep 6, 1948 | MGHYX vs KTCAX | |
| DWS RREEF Real Assets Fund | Global Allocation | 82 | 9.82% | Jul 29, 2007 | MGHYX vs AAAZX | |
| DWS Core Equity Fund | Large Cap Blend Equities | 48 | -4.72% | May 31, 1929 | MGHYX vs SCDGX | |
| DWS Emerging Markets Equity Fund | Emerging Markets Diversified | 71 | 1.61% | May 7, 1996 | MGHYX vs SEMGX | |
| DWS International Growth Fund | Foreign Large Cap Equities | 18 | -4.70% | Jul 22, 1986 | MGHYX vs SCOBX | |
| DWS Equity 500 Index Fund | Large Cap Blend Equities | 52 | -4.38% | Dec 31, 1992 | MGHYX vs BTIIX | |
| DWS CROCI International Fund | Foreign Large Cap Equities | 89 | 3.60% | Jun 17, 1953 | MGHYX vs SCINX | |
| DWS CROCI Equity Dividend Fd | Large Cap Value Equities | 9 | 2.60% | Mar 18, 1988 | MGHYX vs KDHAX | |
| DWS Capital Growth Fund | Large Cap Growth Equities | 13 | -10.89% | Jul 14, 2000 | MGHYX vs SCGSX |
Often Compared With MGHYX
What investors most often compare with MGHYX, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| Neuberger Berman High Yield Strategies Fund | High Yield Bonds | 3 | -9.47% | Jul 28, 2003 | MGHYX vs NHS | |
| JPMorgan Corporate Bond Fund | Corporate Bonds | 39 | -0.91% | Mar 1, 2013 | MGHYX vs CBFSX | |
| Fidelity Floating Rate High Income Fund | High Yield Bonds | 82 | -0.50% | Aug 16, 2000 | MGHYX vs FFRHX | |
| American Funds Capital Income Builder Class A | Diversified Portfolio | 83 | 1.65% | Jul 30, 1987 | MGHYX vs CAIBX | |
| PIMCO Income Fund Institutional Class | Total Bond Market | 80 | -0.99% | Mar 30, 2007 | MGHYX vs PIMIX | |
| Fidelity Capital & Income Fund | High Yield Bonds | 93 | 0.45% | Nov 1, 1977 | MGHYX vs FAGIX | |
| RiverPark Strategic Income Fund | High Yield Bonds | 95 | 0.36% | Sep 30, 2013 | MGHYX vs RSIIX | |
| DWS Global Macro Fund | Tactical Allocation | 76 | 0.35% | May 14, 1995 | MGHYX vs MGINX | |
| Fidelity Advisor High Income Advantage Fund Class ... | High Yield Bonds | 94 | 0.47% | Oct 2, 2018 | MGHYX vs FIQTX |
Compare MGHYX with Any Fund or Stock
Compare MGHYX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.