DWS Global Macro Fund (MGINX) Alternatives
DWS Global Macro Fund (MGINX) belongs to the Tactical Allocation category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with MGINX. 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 MGINX
MGINX charges 0.79% annually. Among mutual funds in the Tactical Allocation category, these options have the lowest expense ratios among MGINX alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| Goldman Sachs Growth and Income Strategy Portfolio | 0.19% | Jan 1, 1998 | MGINX vs GOIIX | |
| Goldman Sachs Balanced Strategy Portfolio | 0.19% | Jan 1, 1998 | MGINX vs GIPIX | |
| PIMCO All Asset All Authority Fund | 0.21% | Oct 30, 2003 | MGINX vs PAUIX | |
| Columbia Thermostat Fund | 0.24% | Sep 24, 2002 | MGINX vs COTZX | |
| GuidePath Flexible Income Allocation Fund | 0.50% | Aug 30, 2012 | MGINX vs GPIFX |
Best Risk-Adjusted Alternatives to MGINX
Among mutual funds in the Tactical Allocation 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 | |
|---|---|---|---|---|
| Hussman Strategic Total Return Fund | 97 | Sep 11, 2002 | MGINX vs HSTRX | |
| Conquer Risk Defensive Bull Fund | 95 | Jun 30, 2020 | MGINX vs CRDBX | |
| Hundredfold Select Alternative Fund Investor Class | 93 | — | MGINX vs HFSAX | |
| Donoghue Forlines Momentum Fund | 93 | Dec 22, 2016 | MGINX vs MOJOX | |
| Invesco Balanced-Risk Allocation Fund | 92 | Jun 1, 2009 | MGINX vs ABRYX |
Top Performing MGINX Alternatives (YTD)
MGINX alternatives from the Tactical Allocation category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| Quantified Evolution Plus Fund | 40.30% | Sep 29, 2019 | MGINX vs QEVOX | |
| PIMCO Dynamic Income Strategy Fund | 16.74% | Feb 1, 2019 | MGINX vs PDX | |
| Donoghue Forlines Momentum Fund | 15.26% | Dec 22, 2016 | MGINX vs MOJOX | |
| Invesco Balanced-Risk Allocation Fund | 12.72% | Jun 1, 2009 | MGINX vs ABRYX | |
| Invesco Balanced-Risk Allocation Fund Class A | 12.62% | Jun 2, 2009 | MGINX vs ABRZX |
Lowest Volatility Alternatives to MGINX
MGINX alternatives from the Tactical Allocation category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| GuidePath Flexible Income Allocation Fund | 2.76% | Aug 30, 2012 | MGINX vs GPIFX | |
| SEI Institutional Managed Trust Multi-Asset Income... | 3.35% | Apr 8, 2012 | MGINX vs SIOAX | |
| Goldman Sachs TacticalTiltOverlayFund | 4.40% | Jul 30, 2014 | MGINX vs TTIFX | |
| Hundredfold Select Alternative Fund | 4.40% | Aug 31, 2004 | MGINX vs SFHYX | |
| Hundredfold Select Alternative Fund Investor Class | 4.41% | — | MGINX vs HFSAX |
Lowest Drawdown Alternatives to MGINX
MGINX alternatives from the Tactical Allocation category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| Goldman Sachs TacticalTiltOverlayFund | -2.66% | Jul 30, 2014 | MGINX vs TTIFX | |
| Hussman Strategic Total Return Fund | -3.14% | Sep 11, 2002 | MGINX vs HSTRX | |
| SEI Institutional Managed Trust Multi-Asset Income... | -3.20% | Apr 8, 2012 | MGINX vs SIOAX | |
| GuidePath Flexible Income Allocation Fund | -3.50% | Aug 30, 2012 | MGINX vs GPIFX | |
| Hundredfold Select Alternative Fund Investor Class | -3.68% | — | MGINX vs HFSAX |
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 | MGINX vs AAAAX | |
| DWS Science and Technology Fund | Technology Equities | 52 | -7.94% | Sep 6, 1948 | MGINX vs KTCAX | |
| DWS RREEF Real Assets Fund | Global Allocation | 82 | 9.82% | Jul 29, 2007 | MGINX vs AAAZX | |
| DWS Core Equity Fund | Large Cap Blend Equities | 48 | -4.72% | May 31, 1929 | MGINX vs SCDGX | |
| DWS Emerging Markets Equity Fund | Emerging Markets Diversified | 71 | 1.61% | May 7, 1996 | MGINX vs SEMGX | |
| DWS International Growth Fund | Foreign Large Cap Equities | 18 | -4.70% | Jul 22, 1986 | MGINX vs SCOBX | |
| DWS Equity 500 Index Fund | Large Cap Blend Equities | 52 | -4.38% | Dec 31, 1992 | MGINX vs BTIIX | |
| DWS CROCI International Fund | Foreign Large Cap Equities | 89 | 3.60% | Jun 17, 1953 | MGINX vs SCINX | |
| DWS CROCI Equity Dividend Fd | Large Cap Value Equities | 9 | 2.60% | Mar 18, 1988 | MGINX vs KDHAX | |
| DWS Capital Growth Fund | Large Cap Growth Equities | 13 | -10.89% | Jul 14, 2000 | MGINX vs SCGSX |
Often Compared With MGINX
What investors most often compare with MGINX, based on PortfoliosLab usage data.
Compare MGINX with Any Fund or Stock
Compare MGINX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.