Vanguard Global Wellington Fund Investor Shares (VGWLX) belongs to the Global Allocation category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with VGWLX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to VGWLX
VGWLX charges 0.43% annually. There are 10 mutual funds in the Global Allocation category with lower expense ratios, going as low as 0.02%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| GMO Implementation Fund | 0.02% | — | Feb 2012 | VGWLX vs GIMFX | |
| Goldman Sachs Growth Strategy Portfolio | 0.19% | — | Jan 1998 | VGWLX vs GGSIX | |
| Voya Global Perspectives Portfolio | 0.20% | — | Apr 2013 | VGWLX vs IPIRX | |
| MH Elite Select Portfolio of Funds Fund | 0.21% | — | Apr 2006 | VGWLX vs MHESX | |
| Janus Henderson Global Allocation Fund - Moderate | 0.25% | — | Dec 2005 | VGWLX vs JNSMX |
Best Risk-Adjusted Alternatives to VGWLX
VGWLX has a PortfoliosLab risk / return rank of 85. There are 15 mutual funds in the Global Allocation category with higher risk-adjusted ranks, going as high as 97.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Thornburg Investment Income Builder Fund | 97 | — | Dec 2002 | VGWLX vs TIBAX | |
| GMO Benchmark-Free Fund | 96 | — | Jun 2011 | VGWLX vs GBFFX | |
| GMO Benchmark-Free Allocation Fund | 95 | — | Jul 2003 | VGWLX vs GBMFX | |
| GMO Implementation Fund | 95 | — | Feb 2012 | VGWLX vs GIMFX | |
| Principal Diversified Select Real Asset Fund | 95 | — | Jul 2019 | VGWLX vs PDSYX |
Top Performing VGWLX Alternatives (YTD)
VGWLX is at 10.67% YTD. There are 23 mutual funds in the Global Allocation category with higher YTD returns, going as high as 21.61%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Calamos Global Dynamic Income Fund | 21.61% | — | Jun 2007 | VGWLX vs CHW | |
| Calamos Global Total Return Fund | 17.61% | — | Oct 2005 | VGWLX vs CGO | |
| Thornburg Investment Income Builder Fund | 16.33% | — | Dec 2002 | VGWLX vs TIBAX | |
| Wilmington Real Asset Fund | 15.90% | — | Jun 2003 | VGWLX vs WMRIX | |
| Calamos Global Opportunities Fund | 14.45% | — | Sep 1996 | VGWLX vs CVLOX |
Lowest Volatility Alternatives to VGWLX
VGWLX has 8.22% 1-year volatility. There are 22 mutual funds in the Global Allocation category with lower 1-year volatility, going as low as 3.03%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Principal Diversified Select Real Asset Fund | 3.03% | — | Jul 2019 | VGWLX vs PDSYX | |
| PFG BNY Mellon Diversifier Strategy Fund | 4.41% | — | Dec 2017 | VGWLX vs PFADX | |
| LoCorr Macro Strategies Fund Class I | 5.63% | — | Mar 2011 | VGWLX vs LFMIX | |
| Nuveen Real Asset Income Fund | 5.86% | — | Sep 2011 | VGWLX vs NRIIX | |
| Pioneer Multi-Asset Income Fund | 5.92% | — | Dec 2011 | VGWLX vs PMFYX |
Lowest Drawdown Alternatives to VGWLX
VGWLX has a 1-year max drawdown of -6.68%. There are 31 mutual funds in the Global Allocation category with shallower 1-year drawdowns, going as shallow as -1.98%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Principal Diversified Select Real Asset Fund | -1.98% | — | Jul 2019 | VGWLX vs PDSYX | |
| LoCorr Macro Strategies Fund Class I | -2.60% | — | Mar 2011 | VGWLX vs LFMIX | |
| PFG BNY Mellon Diversifier Strategy Fund | -3.63% | — | Dec 2017 | VGWLX vs PFADX | |
| Pioneer Multi-Asset Income Fund | -4.08% | — | Dec 2011 | VGWLX vs PMFYX | |
| Morningstar Global Income Fund | -4.38% | — | Nov 2018 | VGWLX vs MSTGX |
Other Mutual Funds from Vanguard
The 10 most viewed Vanguard mutual funds shown here include VTSAX, VFIAX, VTIAX and span 8 categories. AUM among these funds goes as high as $2T.
Often Compared With VGWLX
Investors most often compare VGWLX with FPURX, VGWIX, VWENX. These 20 comparison targets span 7 categories, based on PortfoliosLab usage data.
Compare VGWLX with Any Fund or Stock
Compare VGWLX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair VGWLX with funds that move differently
Vanguard Global Wellington Fund Investor Shares alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to VGWLX.
Explore VGWLX Diversifiers