Morningstar Global Income Fund (MSTGX) Alternatives
Morningstar Global Income Fund (MSTGX) 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 MSTGX. 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 MSTGX
MSTGX charges 0.62% annually. Among mutual funds in the Global Allocation category, these options have the lowest expense ratios among MSTGX alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| GMO Implementation Fund | 0.02% | Feb 29, 2012 | MSTGX vs GIMFX | |
| Goldman Sachs Growth Strategy Portfolio | 0.19% | Jan 1, 1998 | MSTGX vs GGSIX | |
| Voya Global Perspectives Portfolio | 0.20% | Apr 30, 2013 | MSTGX vs IPIRX | |
| MH Elite Select Portfolio of Funds Fund | 0.21% | Apr 5, 2006 | MSTGX vs MHESX | |
| Janus Henderson Global Allocation Fund - Moderate | 0.25% | Dec 29, 2005 | MSTGX vs JNSMX |
Best Risk-Adjusted Alternatives to MSTGX
Among mutual funds in the Global 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 | |
|---|---|---|---|---|
| Thornburg Investment Income Builder Fund | 98 | Dec 23, 2002 | MSTGX vs TIBAX | |
| Hartford Real Asset Fund | 97 | May 27, 2010 | MSTGX vs HRLYX | |
| GMO Benchmark-Free Fund | 97 | Jun 14, 2011 | MSTGX vs GBFFX | |
| GMO Benchmark-Free Allocation Fund | 96 | Jul 22, 2003 | MSTGX vs GBMFX | |
| GMO Implementation Fund | 96 | Feb 29, 2012 | MSTGX vs GIMFX |
Top Performing MSTGX Alternatives (YTD)
MSTGX alternatives from the Global Allocation category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| Allspring Absolute Return Fund | 14.79% | Feb 29, 2012 | MSTGX vs WARAX | |
| Hartford Real Asset Fund | 10.68% | May 27, 2010 | MSTGX vs HRLYX | |
| Wilmington Real Asset Fund | 10.27% | Jun 30, 2003 | MSTGX vs WMRIX | |
| Cohen & Steers Real Assets Fund Inc | 10.26% | Jan 30, 2012 | MSTGX vs RAPZX | |
| Principal Diversified Real Asset Fund | 9.23% | Mar 15, 2010 | MSTGX vs PDRDX |
Lowest Volatility Alternatives to MSTGX
MSTGX alternatives from the Global Allocation category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| PFG BNY Mellon Diversifier Strategy Fund | 4.95% | Dec 10, 2017 | MSTGX vs PFADX | |
| LoCorr Macro Strategies Fund Class I | 5.78% | Mar 24, 2011 | MSTGX vs LFMIX | |
| MH Elite Income Fund of Funds | 6.46% | Aug 14, 2011 | MSTGX vs MHEIX | |
| Principal Diversified Select Real Asset Fund | 6.83% | Jul 2, 2019 | MSTGX vs PDSYX | |
| Nuveen Real Asset Income Fund | 6.94% | Sep 12, 2011 | MSTGX vs NRIIX |
Lowest Drawdown Alternatives to MSTGX
MSTGX alternatives from the Global Allocation category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| LoCorr Macro Strategies Fund Class I | -3.08% | Mar 24, 2011 | MSTGX vs LFMIX | |
| PFG BNY Mellon Diversifier Strategy Fund | -4.21% | Dec 10, 2017 | MSTGX vs PFADX | |
| MH Elite Income Fund of Funds | -4.54% | Aug 14, 2011 | MSTGX vs MHEIX | |
| Allspring Absolute Return Fund | -5.06% | Feb 29, 2012 | MSTGX vs WARAX | |
| Principal Diversified Select Real Asset Fund | -5.32% | Jul 2, 2019 | MSTGX vs PDSYX |
Other Mutual Funds from Morningstar
Most popular Morningstar mutual funds on PortfoliosLab, across asset classes.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| Morningstar Alternatives Fund | Multistrategy | 79 | 0.56% | Nov 1, 2018 | MSTGX vs MSTVX | |
| Morningstar Total Return Bond Fund | Intermediate Core Bond | 37 | -0.89% | Nov 2, 2018 | MSTGX vs MSTRX | |
| Morningstar U.S. Equity Fund | Large Cap Blend Equities | 2 | -5.94% | Nov 2, 2018 | MSTGX vs MSTQX | |
| Morningstar International Equity Fund | Foreign Large Cap Equities | 22 | -1.79% | Nov 2, 2018 | MSTGX vs MSTFX | |
| Morningstar Global Opportunistic Equity Fund | Global Allocation | 6 | -3.92% | Nov 1, 2018 | MSTGX vs MSTSX | |
| Morningstar Municipal Bond Fund | Municipal Bonds | 24 | -0.50% | Nov 1, 2018 | MSTGX vs MSTPX | |
| Morningstar Defensive Bond Fund | Short-Term Bond | 89 | -0.20% | Nov 2, 2018 | MSTGX vs MSTBX | |
| Morningstar Multisector Bond Fund | Multisector Bonds | 73 | -2.03% | Nov 1, 2018 | MSTGX vs MSTMX |
Often Compared With MSTGX
What investors most often compare with MSTGX, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| Vanguard S&P 500 ETF | S&P 500 | 65 | -4.42% | Sep 7, 2010 | MSTGX vs VOO | |
| State Street SPDR S&P 500 ETF | S&P 500 | 64 | -4.37% | Jan 22, 1993 | MSTGX vs SPY | |
| iShares Expanded Tech Sector ETF | Technology Equities | 71 | -8.21% | Mar 13, 2001 | MSTGX vs IGM |
Compare MSTGX with Any Fund or Stock
Compare MSTGX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.