Invesco Global Strategic Income Fund (OPSIX) belongs to the Global Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with OPSIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to OPSIX
OPSIX charges 1.00% annually. There are 61 mutual funds in the Global Bonds category with lower expense ratios, going as low as 0.06%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity International Bond Index Fund | 0.06% | — | Oct 2019 | OPSIX vs FBIIX | |
| Vanguard Total International Bond II Index Fund | 0.07% | — | Feb 2021 | OPSIX vs VTILX | |
| Vanguard Total International Bond II Index Fund In... | 0.11% | — | Feb 2021 | OPSIX vs VTIIX | |
| Vanguard Total International Bond Index Fund | 0.13% | — | May 2013 | OPSIX vs VTIBX | |
| DFA Selectively Hedged Global Fixed Income Portfol... | 0.16% | — | Jan 2008 | OPSIX vs DFSHX |
Best Risk-Adjusted Alternatives to OPSIX
OPSIX has a PortfoliosLab risk / return rank of 5. There are 65 mutual funds in the Global Bonds category with higher risk-adjusted ranks, going as high as 98.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Destinations Global Fixed Income Opportunities Fun... | 98 | — | Mar 2017 | OPSIX vs DGFFX | |
| Eaton Vance Global Bond Fund | 90 | — | Jun 2007 | OPSIX vs EAIIX | |
| T. Rowe Price Global Multi-Sector Bond Fund | 87 | — | Dec 2008 | OPSIX vs PRSNX | |
| DFA Selectively Hedged Global Fixed Income Portfol... | 86 | — | Jan 2008 | OPSIX vs DFSHX | |
| Payden Global Low Duration Fund | 80 | — | Sep 1996 | OPSIX vs PYGSX |
Top Performing OPSIX Alternatives (YTD)
OPSIX is at -2.24% YTD. There are 70 mutual funds in the Global Bonds category with higher YTD returns, going as high as 3.75%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Eaton Vance Global Bond Fund | 3.75% | — | Jun 2007 | OPSIX vs EAIIX | |
| Dunham International Opportunity Bond Fund | 2.88% | — | Oct 2013 | OPSIX vs DAIOX | |
| Destinations Global Fixed Income Opportunities Fun... | 2.55% | — | Mar 2017 | OPSIX vs DGFFX | |
| Templeton Global Bond Fund | 2.14% | — | Sep 1986 | OPSIX vs TPINX | |
| Templeton Global Bond Fund - Class R | 2.05% | — | Feb 2009 | OPSIX vs FGBRX |
Lowest Volatility Alternatives to OPSIX
OPSIX has 9.50% 1-year volatility. There are 68 mutual funds in the Global Bonds category with lower 1-year volatility, going as low as 1.52%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| DFA Selectively Hedged Global Fixed Income Portfol... | 1.52% | — | Jan 2008 | OPSIX vs DFSHX | |
| Payden Global Low Duration Fund | 1.53% | — | Sep 1996 | OPSIX vs PYGSX | |
| DFA Two Year Global Fixed Income Portfolio | 1.58% | — | Feb 1996 | OPSIX vs DFGFX | |
| DFA Five Year Global Fixed Income Portfolio | 1.88% | — | Nov 1990 | OPSIX vs DFGBX | |
| SA Global Fixed Income Fund | 1.97% | — | Jul 1999 | OPSIX vs SAXIX |
Lowest Drawdown Alternatives to OPSIX
OPSIX has a 1-year max drawdown of -8.71%. There are 69 mutual funds in the Global Bonds category with shallower 1-year drawdowns, going as shallow as -1.19%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Destinations Global Fixed Income Opportunities Fun... | -1.19% | — | Mar 2017 | OPSIX vs DGFFX | |
| Payden Global Low Duration Fund | -1.23% | — | Sep 1996 | OPSIX vs PYGSX | |
| DFA Selectively Hedged Global Fixed Income Portfol... | -1.28% | — | Jan 2008 | OPSIX vs DFSHX | |
| DFA Five Year Global Fixed Income Portfolio | -1.38% | — | Nov 1990 | OPSIX vs DFGBX | |
| DFA Two Year Global Fixed Income Portfolio | -1.41% | — | Feb 1996 | OPSIX vs DFGFX |
Other Mutual Funds from Invesco
The 10 most viewed Invesco mutual funds shown here include IVNQX, VADAX, OPGSX and span 8 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Invesco Nasdaq 100 Index Fund | Large Cap Growth Equities | 76 | 21.57% | — | Oct 2020 | OPSIX vs IVNQX | |
| Invesco Equally-Weighted S&P 500 Fund Class A | Large Cap Blend Equities | 41 | 9.93% | — | — | OPSIX vs VADAX | |
| Invesco Gold & Special Minerals Fund | Precious Metals | 28 | 3.54% | — | Jul 1983 | OPSIX vs OPGSX | |
| Invesco Value Opportunities Fund | Mid Cap Value Equities | 87 | 23.96% | — | Jun 2001 | OPSIX vs VVOAX | |
| Invesco American Franchise Fund Class A | Large Cap Growth Equities | 16 | 9.63% | — | Jun 2005 | OPSIX vs VAFAX | |
| Invesco Comstock Fund | Large Cap Value Equities | 59 | 9.14% | — | Oct 1968 | OPSIX vs ACSTX | |
| Invesco Main Street Fund | Large Cap Blend Equities | 41 | 6.01% | — | Feb 1988 | OPSIX vs MSIGX | |
| Invesco Small Cap Value Fund | Small Cap Value Equities | 89 | 31.33% | — | Jun 1999 | OPSIX vs VSCAX | |
| Invesco Equity and Income Fund | Diversified Portfolio | 67 | 6.02% | — | Aug 1960 | OPSIX vs ACEIX | |
| Invesco Global Fund | Global Equities | 25 | 9.82% | — | Dec 1969 | OPSIX vs OPPAX |
Often Compared With OPSIX
Investors most often compare OPSIX with ARCC, FSTAX, VTSAX. These 9 comparison targets span 4 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Ares Capital Corporation | 25 | -5.14% | — | — | OPSIX vs ARCC | ||
| Fidelity Advisor Strategic Income Fund Class A | Total Bond Market | 86 | 3.19% | — | Sep 1996 | OPSIX vs FSTAX | |
| Vanguard Total Stock Market Index Fund Admiral Sha... | Large Cap Blend Equities | 71 | 11.98% | 2.20T | Nov 2000 | OPSIX vs VTSAX | |
| T. Rowe Price International Bond Fund (USD Hedged) | Global Bonds | 39 | 0.97% | — | Sep 2017 | OPSIX vs TNBMX | |
| Invesco Equally-Weighted S&P 500 Fund | S&P 500 | 42 | 10.05% | — | Jul 1997 | OPSIX vs VADDX | |
| UBS Sustainable Development Bank Bond Fund | Global Bonds | 20 | 0.16% | — | Oct 2018 | OPSIX vs UDBPX | |
| Saturna Sustainable Bond Fund | Global Bonds | 47 | 1.70% | — | Mar 2015 | OPSIX vs SEBFX | |
| Dodge & Cox Global Bond Fund | Global Bonds | 32 | 1.25% | — | May 2014 | OPSIX vs DOXLX | |
| BrandywineGLOBAL - Global Opportunities Bond Fund | Global Bonds | 9 | 1.75% | — | Oct 2006 | OPSIX vs GOBSX |
Compare OPSIX with Any Fund or Stock
Compare OPSIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair OPSIX with funds that move differently
Invesco Global Strategic Income Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to OPSIX.
Explore OPSIX Diversifiers