TBWIX Alternatives & Similar Mutual Funds

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
FSGEX	Fidelity Series Global ex U.S. Index Fund	0.01%	—	Sep 2009	TBWIX vs FSGEX
FSOSX	Fidelity Series Overseas Fund	0.01%	—	Jun 2019	TBWIX vs FSOSX
FIGSX	Fidelity Series International Growth Fund	0.01%	—	Dec 2009	TBWIX vs FIGSX
FINVX	Fidelity Series International Value Fund	0.01%	—	Dec 2009	TBWIX vs FINVX
FHLFX	Fidelity Series International Index Fund	0.01%	—	Aug 2018	TBWIX vs FHLFX

Best Risk-Adjusted Alternatives to TBWIX

TBWIX has a PortfoliosLab risk / return rank of 14. There are 337 mutual funds in the Foreign Large Cap Equities category with higher risk-adjusted ranks, going as high as 94.

Symbol	Name	Risk / Return Rank	AUM	Inception
THOIX	Thornburg Global Opportunities Fund	94	—	Jul 2006	TBWIX vs THOIX
TIVFX	American Beacon Tocqueville International Value Fu...	93	—	Aug 1994	TBWIX vs TIVFX
SWRLX	Touchstone International Equity Fund	91	—	Mar 1993	TBWIX vs SWRLX
DCINX	Dunham International Stock Fund	91	—	Dec 2004	TBWIX vs DCINX
DFWVX	DFA World ex U.S. Value Portfolio Fund	88	—	Aug 2010	TBWIX vs DFWVX

Top Performing TBWIX Alternatives (YTD)

TBWIX is at 4.58% YTD. There are 379 mutual funds in the Foreign Large Cap Equities category with higher YTD returns, going as high as 35.17%.

Symbol	Name	YTD Return	AUM	Inception
TIVFX	American Beacon Tocqueville International Value Fu...	35.17%	—	Aug 1994	TBWIX vs TIVFX
CIGIX	Calamos International Growth Fund	34.54%	—	Mar 2005	TBWIX vs CIGIX
LIAGX	Lord Abbett International Growth Fund	27.78%	—	Jun 2021	TBWIX vs LIAGX
FISZX	Fidelity SAI International SMA Completion Fund	27.01%	—	Apr 2019	TBWIX vs FISZX
DCINX	Dunham International Stock Fund	26.35%	—	Dec 2004	TBWIX vs DCINX

Lowest Volatility Alternatives to TBWIX

TBWIX has 12.88% 1-year volatility. There are 46 mutual funds in the Foreign Large Cap Equities category with lower 1-year volatility, going as low as 9.17%.

Symbol	Name	Volatility 1Y	AUM	Inception
FAOCX	Fidelity Advisor Overseas Fund Class C	9.17%	—	Nov 1997	TBWIX vs FAOCX
FAOSX	Fidelity Advisor Overseas Fund Class Z	9.18%	—	Feb 2017	TBWIX vs FAOSX
FAOAX	Fidelity Advisor Overseas Fund Class A	9.18%	—	Sep 1996	TBWIX vs FAOAX
FAERX	Fidelity Advisor Overseas Fund Class M	9.19%	—	Apr 1990	TBWIX vs FAERX
FAOIX	Fidelity Advisor Overseas Fund Class I	9.20%	—	Jul 1995	TBWIX vs FAOIX

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
RWIIX	Redwood AlphaFactor Tactical International Fund	-6.94%	—	Nov 2017	TBWIX vs RWIIX
IVFIX	Federated Hermes International Strategic Value Div...	-6.97%	—	Jun 2008	TBWIX vs IVFIX
FAOSX	Fidelity Advisor Overseas Fund Class Z	-7.26%	—	Feb 2017	TBWIX vs FAOSX
FAOIX	Fidelity Advisor Overseas Fund Class I	-7.28%	—	Jul 1995	TBWIX vs FAOIX
FAERX	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
TIBIX	Thornburg Investment Income Builder Fund Class I	Diversified Portfolio	98	17.96%	—	Dec 2002	TBWIX vs TIBIX
TIBAX	Thornburg Investment Income Builder Fund	Global Allocation	98	17.92%	—	Dec 2002	TBWIX vs TIBAX
TSIIX	Thornburg Strategic Income Fund	Multisector Bonds	49	0.90%	—	Dec 2007	TBWIX vs TSIIX
TGVAX	Thornburg International Equity Fund	Foreign Large Cap Equities	46	12.18%	—	May 1998	TBWIX vs TGVAX
TSSIX	Thornburg Strategic Municipal Income Fund	Municipal Bonds	70	1.92%	—	Mar 2009	TBWIX vs TSSIX
THIMX	Thornburg Intermediate Municipal Fund	Municipal Bonds	74	1.61%	—	Jul 1991	TBWIX vs THIMX
TVAFX	Thornburg Small/Mid Cap Core Fund	Large Cap Blend Equities	17	10.62%	—	Oct 1995	TBWIX vs TVAFX
LTMFX	Thornburg Limited Term Municipal Fund	Municipal Bonds	68	0.82%	—	Sep 1984	TBWIX vs LTMFX
TINGX	Thornburg International Growth Fund	Foreign Large Cap Equities	13	10.68%	—	Jan 2007	TBWIX vs TINGX
TLDIX	Thornburg Ultra Short Income Fund	Ultrashort Bond	99	1.42%	—	Dec 2013	TBWIX vs TLDIX

Often Compared With TBWIX

Investors most often compare TBWIX with PWJZX, BUFIX, PISIX. These 20 comparison targets span 6 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
PWJZX	PGIM Jennison International Opportunities Fund	Foreign Large Cap Equities	9	13.56%	—	Jun 2012	TBWIX vs PWJZX
BUFIX	Buffalo International Fund	Foreign Large Cap Equities	19	17.99%	—	Sep 2007	TBWIX vs BUFIX
PISIX	PIMCO StocksPLUS International Fund (U.S. Dollar-H...	Foreign Large Cap Equities	25	9.70%	—	Oct 2003	TBWIX vs PISIX
GSINX	Goldman Sachs GQG Partners International Opportuni...	Foreign Large Cap Equities	19	6.39%	—	Dec 2016	TBWIX vs GSINX
HAWX	iShares Currency Hedged MSCI ACWI ex U.S. ETF	Foreign Large Cap Equities	82	16.08%	345.70M	Jun 2015	TBWIX vs HAWX
FIVFX	Fidelity International Capital Appreciation Fund	Foreign Large Cap Equities	—	—	—	Nov 1994	TBWIX vs FIVFX
VEA	Vanguard FTSE Developed Markets ETF	Foreign Large Cap Equities	59	14.92%	304.30B	Jul 2007	TBWIX vs VEA
LTUSX	Thornburg Limited Term U.S. Government Fund	Government Bonds	27	0.47%	—	Nov 1987	TBWIX vs LTUSX
TGVIX	Thornburg International Equity I	Foreign Large Cap Equities	47	12.30%	—	Mar 2001	TBWIX vs TGVIX
THDIX	Thornburg Developing World Fund	Emerging Markets Diversified	87	27.57%	—	Dec 2009	TBWIX vs THDIX
THNYX	Thornburg New York Intermediate Municipal Bond Fun...	Municipal Bonds	76	1.63%	—	Sep 1997	TBWIX vs THNYX
TBGVX	Tweedy, Browne International Value Fund	Foreign Large Cap Equities	38	10.01%	—	Jun 1993	TBWIX vs TBGVX
THCGX	Thornburg Small/Mid Cap Growth Fund	Large Cap Growth Equities	24	13.14%	—	Dec 2000	TBWIX vs THCGX
GQJPX	GQG Partners International Quality Dividend Income...	Foreign Large Cap Equities	25	6.21%	—	Jun 2021	TBWIX vs GQJPX
KGIIX	Kopernik International Fund	Foreign Large Cap Equities	81	9.82%	—	Jun 2015	TBWIX vs KGIIX
FSKLX	Fidelity SAI International Low Volatility Index Fu...	Foreign Large Cap Equities	9	3.96%	—	May 2015	TBWIX vs FSKLX
PPYPX	PIMCO RAE International Fund	Foreign Large Cap Equities	58	13.80%	—	Jun 2015	TBWIX vs PPYPX
EPDPX	EuroPac International Dividend Income Fund Class A	Foreign Large Cap Equities, Dividend	87	13.86%	—	Jan 2014	TBWIX vs EPDPX
GTMIX	GMO Tax-Managed International Equities Fund	Foreign Large Cap Equities	88	14.34%	—	Jul 1998	TBWIX vs GTMIX
SIMYX	SEI Institutional Managed Trust Tax-Managed Intern...	Foreign Large Cap Equities	26	6.18%	—	Oct 2016	TBWIX vs SIMYX

Compare TBWIX with Any Fund or Stock

Compare TBWIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

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Diversifiers

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

Thornburg Better World International Fund (TBWIX) Alternatives