Morningstar Global Opportunistic Equity Fund (MSTSX) 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 MSTSX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to MSTSX
MSTSX charges 0.78% annually. There are 27 mutual funds in the Global Allocation category with lower expense ratios, going as low as 0.02%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| GMO Implementation Fund | 0.02% | — | Feb 2012 | MSTSX vs GIMFX | |
| Goldman Sachs Growth Strategy Portfolio | 0.19% | — | Jan 1998 | MSTSX vs GGSIX | |
| Voya Global Perspectives Portfolio | 0.20% | — | Apr 2013 | MSTSX vs IPIRX | |
| MH Elite Select Portfolio of Funds Fund | 0.21% | — | Apr 2006 | MSTSX vs MHESX | |
| Janus Henderson Global Allocation Fund - Moderate | 0.25% | — | Dec 2005 | MSTSX vs JNSMX |
Best Risk-Adjusted Alternatives to MSTSX
MSTSX has a PortfoliosLab risk / return rank of 6. There are 75 mutual funds in the Global Allocation category with higher risk-adjusted ranks, going as high as 98.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Thornburg Investment Income Builder Fund | 98 | — | Dec 2002 | MSTSX vs TIBAX | |
| GMO Benchmark-Free Fund | 95 | — | Jun 2011 | MSTSX vs GBFFX | |
| GMO Implementation Fund | 95 | — | Feb 2012 | MSTSX vs GIMFX | |
| GMO Benchmark-Free Allocation Fund | 95 | — | Jul 2003 | MSTSX vs GBMFX | |
| SA Worldwide Moderate Growth Fund | 93 | — | Jun 2015 | MSTSX vs SAWMX |
Top Performing MSTSX Alternatives (YTD)
MSTSX is at 5.65% YTD. There are 65 mutual funds in the Global Allocation category with higher YTD returns, going as high as 26.70%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Calamos Global Total Return Fund | 26.70% | — | Oct 2005 | MSTSX vs CGO | |
| Calamos Global Dynamic Income Fund | 25.10% | — | Jun 2007 | MSTSX vs CHW | |
| Calamos Global Opportunities Fund | 18.19% | — | Sep 1996 | MSTSX vs CVLOX | |
| Thornburg Investment Income Builder Fund | 17.44% | — | Dec 2002 | MSTSX vs TIBAX | |
| Allspring Absolute Return Fund | 15.15% | — | Feb 2012 | MSTSX vs WARAX |
Lowest Volatility Alternatives to MSTSX
MSTSX has 14.60% 1-year volatility. There are 72 mutual funds in the Global Allocation category with lower 1-year volatility, going as low as 3.03%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Principal Diversified Select Real Asset Fund | 3.03% | — | Jul 2019 | MSTSX vs PDSYX | |
| PFG BNY Mellon Diversifier Strategy Fund | 4.45% | — | Dec 2017 | MSTSX vs PFADX | |
| LoCorr Macro Strategies Fund Class I | 5.69% | — | Mar 2011 | MSTSX vs LFMIX | |
| Nuveen Real Asset Income Fund | 5.92% | — | Sep 2011 | MSTSX vs NRIIX | |
| Pioneer Multi-Asset Income Fund | 5.92% | — | Dec 2011 | MSTSX vs PMFYX |
Lowest Drawdown Alternatives to MSTSX
MSTSX has a 1-year max drawdown of -14.10%. There are 73 mutual funds in the Global Allocation category with shallower 1-year drawdowns, going as shallow as -1.98%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Principal Diversified Select Real Asset Fund | -1.98% | — | Jul 2019 | MSTSX vs PDSYX | |
| LoCorr Macro Strategies Fund Class I | -2.60% | — | Mar 2011 | MSTSX vs LFMIX | |
| PFG BNY Mellon Diversifier Strategy Fund | -3.63% | — | Dec 2017 | MSTSX vs PFADX | |
| Allspring Absolute Return Fund | -3.81% | — | Feb 2012 | MSTSX vs WARAX | |
| Pioneer Multi-Asset Income Fund | -4.08% | — | Dec 2011 | MSTSX vs PMFYX |
Other Mutual Funds from Morningstar
The 8 most viewed Morningstar mutual funds shown here include MSTRX, MSTVX, MSTFX and span 8 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Morningstar Total Return Bond Fund | Intermediate Core Bond | 11 | -0.37% | — | Nov 2018 | MSTSX vs MSTRX | |
| Morningstar Alternatives Fund | Multistrategy | 75 | 1.22% | — | Nov 2018 | MSTSX vs MSTVX | |
| Morningstar International Equity Fund | Foreign Large Cap Equities | 18 | 11.71% | — | Nov 2018 | MSTSX vs MSTFX | |
| Morningstar Global Income Fund | Global Allocation | 67 | 6.05% | — | Nov 2018 | MSTSX vs MSTGX | |
| Morningstar U.S. Equity Fund | Large Cap Blend Equities | 2 | 5.02% | — | Nov 2018 | MSTSX vs MSTQX | |
| Morningstar Multisector Bond Fund | Multisector Bonds | 51 | 1.91% | — | Nov 2018 | MSTSX vs MSTMX | |
| Morningstar Defensive Bond Fund | Short-Term Bond | 28 | -0.11% | — | Nov 2018 | MSTSX vs MSTBX | |
| Morningstar Municipal Bond Fund | Municipal Bonds | 75 | 1.48% | — | Nov 2018 | MSTSX vs MSTPX |
Often Compared With MSTSX
Investors most often compare MSTSX with VOO, MHEIX, PDRDX. These 6 comparison targets span 2 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Vanguard S&P 500 ETF | S&P 500 | 59 | 8.19% | 1.70T | Sep 2010 | MSTSX vs VOO | |
| MH Elite Income Fund of Funds | Global Allocation | 30 | 2.09% | — | Aug 2011 | MSTSX vs MHEIX | |
| Principal Diversified Real Asset Fund | Global Allocation | 58 | 10.40% | — | Mar 2010 | MSTSX vs PDRDX | |
| Hartford Real Asset Fund | Global Allocation | 88 | 9.75% | — | May 2010 | MSTSX vs HRLYX | |
| Wilmington Real Asset Fund | Global Allocation | 49 | 11.89% | — | Jun 2003 | MSTSX vs WMRIX | |
| Cohen & Steers Real Assets Fund Inc | Global Allocation | 26 | 10.45% | — | Jan 2012 | MSTSX vs RAPZX |
Compare MSTSX with Any Fund or Stock
Compare MSTSX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair MSTSX with funds that move differently
Morningstar Global Opportunistic Equity Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to MSTSX.
Explore MSTSX Diversifiers