Thornburg Better World International Fund (TBWIX) belongs to the Foreign Large Cap Equities category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with TBWIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to TBWIX
TBWIX charges 1.21% annually. There are 358 mutual funds in the Foreign Large Cap Equities category with lower expense ratios, going as low as 0.01%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Series Global ex U.S. Index Fund | 0.01% | — | Sep 2009 | TBWIX vs FSGEX | |
| Fidelity Series International Value Fund | 0.01% | — | Dec 2009 | TBWIX vs FINVX | |
| Fidelity Series International Index Fund | 0.01% | — | Aug 2018 | TBWIX vs FHLFX | |
| Fidelity Series International Growth Fund | 0.01% | — | Dec 2009 | TBWIX vs FIGSX | |
| Fidelity Series Overseas Fund | 0.01% | — | Jun 2019 | TBWIX vs FSOSX |
Best Risk-Adjusted Alternatives to TBWIX
TBWIX has a PortfoliosLab risk / return rank of 14. There are 347 mutual funds in the Foreign Large Cap Equities category with higher risk-adjusted ranks, going as high as 91.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Touchstone International Equity Fund | 91 | — | Mar 1993 | TBWIX vs SWRLX | |
| GMO Tax-Managed International Equities Fund | 91 | — | Jul 1998 | TBWIX vs GTMIX | |
| American Beacon Tocqueville International Value Fu... | 90 | — | Aug 1994 | TBWIX vs TIVFX | |
| SA International Value Fund | 89 | — | Aug 1999 | TBWIX vs SAHMX | |
| Thornburg Global Opportunities Fund | 89 | — | Jul 2006 | TBWIX vs THOIX |
Top Performing TBWIX Alternatives (YTD)
TBWIX is at 1.69% YTD. There are 387 mutual funds in the Foreign Large Cap Equities category with higher YTD returns, going as high as 33.96%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| American Beacon Tocqueville International Value Fu... | 33.96% | — | Aug 1994 | TBWIX vs TIVFX | |
| Calamos International Growth Fund | 29.92% | — | Mar 2005 | TBWIX vs CIGIX | |
| Lord Abbett International Growth Fund | 26.27% | — | Jun 2021 | TBWIX vs LIAGX | |
| Fidelity SAI International SMA Completion Fund | 26.14% | — | Apr 2019 | TBWIX vs FISZX | |
| John Hancock International Dynamic Growth Fund | 25.48% | — | May 2019 | TBWIX vs JIJIX |
Lowest Volatility Alternatives to TBWIX
TBWIX has 13.12% 1-year volatility. There are 43 mutual funds in the Foreign Large Cap Equities category with lower 1-year volatility, going as low as 8.75%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Advisor Overseas Fund Class Z | 8.75% | — | Feb 2017 | TBWIX vs FAOSX | |
| Fidelity Advisor Overseas Fund Class C | 8.75% | — | Nov 1997 | TBWIX vs FAOCX | |
| Fidelity Advisor Overseas Fund Class A | 8.76% | — | Sep 1996 | TBWIX vs FAOAX | |
| Fidelity Advisor Overseas Fund Class I | 8.77% | — | Jul 1995 | TBWIX vs FAOIX | |
| Fidelity Advisor Overseas Fund Class M | 8.77% | — | Apr 1990 | TBWIX vs FAERX |
Lowest Drawdown Alternatives to TBWIX
TBWIX has a 1-year max drawdown of -12.01%. There are 243 mutual funds in the Foreign Large Cap Equities category with shallower 1-year drawdowns, going as shallow as -6.94%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Redwood AlphaFactor Tactical International Fund | -6.94% | — | Nov 2017 | TBWIX vs RWIIX | |
| Federated Hermes International Strategic Value Div... | -6.97% | — | Jun 2008 | TBWIX vs IVFIX | |
| Fidelity Advisor Overseas Fund Class Z | -7.26% | — | Feb 2017 | TBWIX vs FAOSX | |
| Fidelity Advisor Overseas Fund Class I | -7.28% | — | Jul 1995 | TBWIX vs FAOIX | |
| Fidelity Advisor Overseas Fund Class M | -7.29% | — | Apr 1990 | TBWIX vs FAERX |
Other Mutual Funds from Thornburg
The 10 most viewed Thornburg mutual funds shown here include TIBIX, TIBAX, TSIIX and span 7 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Thornburg Investment Income Builder Fund Class I | Diversified Portfolio | 98 | 16.73% | — | Dec 2002 | TBWIX vs TIBIX | |
| Thornburg Investment Income Builder Fund | Global Allocation | 98 | 16.64% | — | Dec 2002 | TBWIX vs TIBAX | |
| Thornburg Strategic Income Fund | Multisector Bonds | 46 | 0.63% | — | Dec 2007 | TBWIX vs TSIIX | |
| Thornburg International Equity Fund | Foreign Large Cap Equities | 45 | 8.90% | — | May 1998 | TBWIX vs TGVAX | |
| Thornburg Strategic Municipal Income Fund | Municipal Bonds | 75 | 2.07% | — | Mar 2009 | TBWIX vs TSSIX | |
| Thornburg Intermediate Municipal Fund | Municipal Bonds | 77 | 1.68% | — | Jul 1991 | TBWIX vs THIMX | |
| Thornburg Limited Term Municipal Fund | Municipal Bonds | 69 | 0.82% | — | Sep 1984 | TBWIX vs LTMFX | |
| Thornburg International Growth Fund | Foreign Large Cap Equities | 15 | 10.14% | — | Jan 2007 | TBWIX vs TINGX | |
| Thornburg Small/Mid Cap Core Fund | Large Cap Blend Equities | 13 | 8.67% | — | Oct 1995 | TBWIX vs TVAFX | |
| Thornburg Ultra Short Income Fund | Ultrashort Bond | 99 | 1.59% | — | Dec 2013 | TBWIX vs TLDIX |
Often Compared With TBWIX
Investors most often compare TBWIX with PWJZX, BUFIX, PISIX. These 20 comparison targets span 5 categories, based on PortfoliosLab usage data.
Compare TBWIX with Any Fund or Stock
Compare TBWIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair TBWIX with funds that move differently
Thornburg Better World International Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to TBWIX.
Explore TBWIX Diversifiers