TGWIX Alternatives & Similar Mutual Funds

TCW Emerging Markets Local Currency Income Fund (TGWIX) belongs to the Emerging Markets Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with TGWIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to TGWIX

TGWIX charges 0.85% annually. There are 30 mutual funds in the Emerging Markets Bonds category with lower expense ratios, going as low as 0.09%.

Symbol	Name	Expense Ratio	AUM	Inception
PYELX	Payden Emerging Markets Local Bond Fund	0.09%	—	Nov 2011	TGWIX vs PYELX
IMCDX	Voya Emerging Markets Corporate Debt Fund	0.10%	—	Aug 2012	TGWIX vs IMCDX
VEGBX	Vanguard Emerging Markets Bond Fund Admiral Shares	0.40%	—	Dec 2017	TGWIX vs VEGBX
SEDAX	SEI Institutional Investments Trust Emerging Marke...	0.41%	—	Dec 2005	TGWIX vs SEDAX
GMOQX	GMO Emerging Country Debt Fund Class VI	0.51%	—	Apr 1994	TGWIX vs GMOQX

Best Risk-Adjusted Alternatives to TGWIX

TGWIX has a PortfoliosLab risk / return rank of 32. There are 65 mutual funds in the Emerging Markets Bonds category with higher risk-adjusted ranks, going as high as 98.

Symbol	Name	Risk / Return Rank	AUM	Inception
AGEYX	American Beacon Developing World Income Fund Class...	98	—	Feb 2014	TGWIX vs AGEYX
AGEPX	American Beacon Frontier Markets Income Fund	98	—	Feb 2014	TGWIX vs AGEPX
GMOQX	GMO Emerging Country Debt Fund Class VI	98	—	Apr 1994	TGWIX vs GMOQX
GMCDX	GMO Emerging Country Debt Fund	98	—	Apr 1994	TGWIX vs GMCDX
DBLLX	DoubleLine Low Duration Emerging Markets Fixed Inc...	98	—	Apr 2014	TGWIX vs DBLLX

Top Performing TGWIX Alternatives (YTD)

TGWIX is at 2.76% YTD. There are 33 mutual funds in the Emerging Markets Bonds category with higher YTD returns, going as high as 15.01%.

Symbol	Name	YTD Return	AUM	Inception
EDF	Virtus Stone Harbor Emerging Markets Income Fund	15.01%	—	Dec 2010	TGWIX vs EDF
GMOQX	GMO Emerging Country Debt Fund Class VI	8.37%	—	Apr 1994	TGWIX vs GMOQX
GMCDX	GMO Emerging Country Debt Fund	8.34%	—	Apr 1994	TGWIX vs GMCDX
FEMDX	Franklin Emerging Market Debt Opportunities Fund	7.68%	—	May 2006	TGWIX vs FEMDX
EIDOX	Eaton Vance Emerging Markets Debt Opportunities Fu...	6.63%	—	Sep 2015	TGWIX vs EIDOX

Lowest Volatility Alternatives to TGWIX

TGWIX has 8.21% 1-year volatility. There are 71 mutual funds in the Emerging Markets Bonds category with lower 1-year volatility, going as low as 1.15%.

Symbol	Name	Volatility 1Y	AUM	Inception
DBLLX	DoubleLine Low Duration Emerging Markets Fixed Inc...	1.15%	—	Apr 2014	TGWIX vs DBLLX
DLENX	DoubleLine Emerging Markets Fixed Income Fund Clas...	1.93%	—	Apr 2010	TGWIX vs DLENX
PYCEX	Payden Emerging Markets Corporate Bond Fund	2.04%	—	Nov 2013	TGWIX vs PYCEX
SHCDX	Virtus Stone Harbor Emerg Mkts Corp Dbt	2.05%	—	May 2011	TGWIX vs SHCDX
DBLEX	DoubleLine Emerging Markets Fixed Income Fund	2.06%	—	Apr 2010	TGWIX vs DBLEX

Lowest Drawdown Alternatives to TGWIX

TGWIX has a 1-year max drawdown of -7.64%. There are 71 mutual funds in the Emerging Markets Bonds category with shallower 1-year drawdowns, going as shallow as -0.92%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
DBLLX	DoubleLine Low Duration Emerging Markets Fixed Inc...	-0.92%	—	Apr 2014	TGWIX vs DBLLX
DBLEX	DoubleLine Emerging Markets Fixed Income Fund	-1.81%	—	Apr 2010	TGWIX vs DBLEX
DLENX	DoubleLine Emerging Markets Fixed Income Fund Clas...	-1.83%	—	Apr 2010	TGWIX vs DLENX
SHCDX	Virtus Stone Harbor Emerg Mkts Corp Dbt	-1.90%	—	May 2011	TGWIX vs SHCDX
PYCEX	Payden Emerging Markets Corporate Bond Fund	-2.37%	—	Nov 2013	TGWIX vs PYCEX

Other Mutual Funds from TCW

The 10 most viewed TCW mutual funds shown here include TGEIX, TGLMX, TGVOX and span 10 categories.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
TGEIX	TCW Emerging Markets Income Fund	Emerging Markets Bonds	89	3.87%	—	May 1998	TGWIX vs TGEIX
TGLMX	TCW Total Return Bond Fund	Intermediate Core-Plus Bond	36	1.25%	—	Jun 1993	TGWIX vs TGLMX
TGVOX	TCW Relative Value Mid Cap Fund	Mid Cap Value Equities	74	17.10%	—	Oct 1997	TGWIX vs TGVOX
TGHYX	TCW High Yield Bond Fund	High Yield Bonds	—	—	—	Feb 1993	TGWIX vs TGHYX
TGDVX	TCW Relative Value Large Cap Fund	Large Cap Value Equities	81	11.02%	—	Dec 1997	TGWIX vs TGDVX
TGCFX	TCW Core Fixed Income Fund	Intermediate Core Bond	17	0.15%	—	Feb 1993	TGWIX vs TGCFX
TGPCX	TCW Conservative Allocation Fund	Diversified Portfolio	43	4.73%	—	Nov 2006	TGWIX vs TGPCX
TGCEX	TCW Select Equities Fund	Large Cap Growth Equities	10	7.01%	—	Feb 1993	TGWIX vs TGCEX
TGGBX	TCW Global Bond Fund	Global Bonds	7	0.00%	—	Nov 2011	TGWIX vs TGGBX
TGREX	TCW Global Real Estate Fund	REIT	12	8.45%	—	Nov 2014	TGWIX vs TGREX

Often Compared With TGWIX

Investors most often compare TGWIX with VOO, TSI, AMAPX. These 6 comparison targets span 3 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
VOO	Vanguard S&P 500 ETF	S&P 500	75	11.69%	1.60T	Sep 2010	TGWIX vs VOO
TSI	TCW Strategic Income Fund Inc.	Multisector Bonds	2	-5.98%	—	—	TGWIX vs TSI
AMAPX	Amana Participation Fund	Emerging Markets Bonds	48	0.26%	—	Sep 2015	TGWIX vs AMAPX
EELDX	Eaton Vance Emerging Markets Debt Opportunities Fu...	Emerging Markets Bonds	97	6.53%	—	Feb 2013	TGWIX vs EELDX
DEDIX	Delaware Emerging Markets Debt Corporate Fund	Emerging Markets Bonds	91	1.26%	—	Sep 2013	TGWIX vs DEDIX
EDD	Morgan Stanley Emerging Markets Domestic Fund	Emerging Markets Bonds	17	3.40%	—	Apr 2007	TGWIX vs EDD

Compare TGWIX with Any Fund or Stock

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

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Diversifiers

Pair TGWIX with funds that move differently

TCW Emerging Markets Local Currency Income Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to TGWIX.

Explore TGWIX Diversifiers

TCW Emerging Markets Local Currency Income Fund (TGWIX) Alternatives