PIMCO Global Bond Opportunities Fund (U.S. Dollar-Hedged) Class I (PGBIX) 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 PGBIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to PGBIX
PGBIX charges 0.55% annually. There are 23 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 | PGBIX vs FBIIX | |
| Vanguard Total International Bond II Index Fund | 0.07% | — | Feb 2021 | PGBIX vs VTILX | |
| Vanguard Total International Bond Index Fund Admir... | 0.10% | 123.30B | May 2013 | PGBIX vs VTABX | |
| Vanguard Total International Bond II Index Fund In... | 0.11% | — | Feb 2021 | PGBIX vs VTIIX | |
| Vanguard Total International Bond Index Fund | 0.13% | — | May 2013 | PGBIX vs VTIBX |
Best Risk-Adjusted Alternatives to PGBIX
PGBIX has a PortfoliosLab risk / return rank of 15. There are 31 mutual funds in the Global Bonds category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| DFA Two Year Global Fixed Income Portfolio | 100 | — | Feb 1996 | PGBIX vs DFGFX | |
| Destinations Global Fixed Income Opportunities Fun... | 98 | — | Mar 2017 | PGBIX vs DGFFX | |
| Eaton Vance Global Bond Fund | 96 | — | Jun 2007 | PGBIX vs EAIIX | |
| Payden Global Low Duration Fund | 88 | — | Sep 1996 | PGBIX vs PYGSX | |
| DFA Selectively Hedged Global Fixed Income Portfol... | 84 | — | Jan 2008 | PGBIX vs DFSHX |
Top Performing PGBIX Alternatives (YTD)
PGBIX is at -0.79% YTD. There are 53 mutual funds in the Global Bonds category with higher YTD returns, going as high as 4.35%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Eaton Vance Global Bond Fund | 4.35% | — | Jun 2007 | PGBIX vs EAIIX | |
| Templeton Global Bond Fund | 3.06% | — | Sep 1986 | PGBIX vs TPINX | |
| Templeton Global Bond Fund - Class R | 2.94% | — | Feb 2009 | PGBIX vs FGBRX | |
| Destinations Global Fixed Income Opportunities Fun... | 2.80% | — | Mar 2017 | PGBIX vs DGFFX | |
| BrandywineGLOBAL - Global Opportunities Bond Fund | 2.56% | — | Oct 2006 | PGBIX vs GOBSX |
Lowest Volatility Alternatives to PGBIX
PGBIX has 4.24% 1-year volatility. There are 44 mutual funds in the Global Bonds category with lower 1-year volatility, going as low as 0.73%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| DFA Two Year Global Fixed Income Portfolio | 0.73% | — | Feb 1996 | PGBIX vs DFGFX | |
| Payden Global Low Duration Fund | 1.53% | — | Sep 1996 | PGBIX vs PYGSX | |
| DFA Five Year Global Fixed Income Portfolio | 1.55% | — | Nov 1990 | PGBIX vs DFGBX | |
| DFA Selectively Hedged Global Fixed Income Portfol... | 1.65% | — | Jan 2008 | PGBIX vs DFSHX | |
| SA Global Fixed Income Fund | 1.97% | — | Jul 1999 | PGBIX vs SAXIX |
Lowest Drawdown Alternatives to PGBIX
PGBIX has a 1-year max drawdown of -4.25%. There are 49 mutual funds in the Global Bonds category with shallower 1-year drawdowns, going as shallow as -0.20%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| DFA Two Year Global Fixed Income Portfolio | -0.20% | — | Feb 1996 | PGBIX vs DFGFX | |
| Destinations Global Fixed Income Opportunities Fun... | -1.19% | — | Mar 2017 | PGBIX vs DGFFX | |
| Payden Global Low Duration Fund | -1.23% | — | Sep 1996 | PGBIX vs PYGSX | |
| DFA Selectively Hedged Global Fixed Income Portfol... | -1.28% | — | Jan 2008 | PGBIX vs DFSHX | |
| DFA Five Year Global Fixed Income Portfolio | -1.38% | — | Nov 1990 | PGBIX vs DFGBX |
Other Mutual Funds from PIMCO
The 10 most viewed PIMCO mutual funds shown here include PIMIX, PTY, PONAX and span 6 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| PIMCO Income Fund Institutional Class | Multisector Bonds | 33 | -0.05% | — | Mar 2007 | PGBIX vs PIMIX | |
| PIMCO Corporate & Income Opportunity Fund | Corporate Bonds | 1 | -2.49% | — | Dec 2002 | PGBIX vs PTY | |
| PIMCO Income Fund Class A | Multisector Bonds | 30 | -0.25% | — | Apr 2007 | PGBIX vs PONAX | |
| PIMCO Total Return Fund Institutional Class | Intermediate Core-Plus Bond | 20 | -0.80% | — | May 1987 | PGBIX vs PTTRX | |
| PIMCO Corporate & Income Strategy Fund | Multisector Bonds | 8 | -2.18% | — | Dec 2001 | PGBIX vs PCN | |
| PIMCO Income Fund Class I-2 | Multisector Bonds | 32 | -0.10% | — | Apr 2008 | PGBIX vs PONPX | |
| PIMCO StocksPLUS Long Duration Fund Class I | Diversified Portfolio | 25 | 4.49% | — | Aug 2007 | PGBIX vs PSLDX | |
| PIMCO Income Strategy Fund II | Multisector Bonds | 13 | 1.44% | — | Oct 2004 | PGBIX vs PFN | |
| PIMCO International Bond Fund (U.S. Dollar-Hedged) | Global Bonds | 8 | -0.68% | — | Dec 1992 | PGBIX vs PFORX | |
| PIMCO StocksPLUS International Fund (U.S. Dollar-H... | Foreign Large Cap Equities | 44 | 13.06% | — | Oct 2003 | PGBIX vs PISIX |
Often Compared With PGBIX
Investors most often compare PGBIX with JPIB, VMFXX, DIVO. These 19 comparison targets span 9 categories, based on PortfoliosLab usage data.
Compare PGBIX with Any Fund or Stock
Compare PGBIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair PGBIX with funds that move differently
PIMCO Global Bond Opportunities Fund (U.S. Dollar-Hedged) Class I alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PGBIX.
Explore PGBIX Diversifiers