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Vaughan Nelson Emerging Markets Opportunities Fund (ADVMX) Diversifiers

Mutual Fund · Currency in USD · Last updated Jun 23, 2026

Under normal circumstances, the fund will invest at least 80% of its net assets (including amounts borrowed for investment purposes) in equity securities of companies that are either listed, domiciled, or conduct a meaningful amount of business in emerging markets. The fund's advisor defines companies conducting a meaningful amount of business in emerging markets as those companies that derive at least 50% of revenues or net profits from, or have at least 50% of assets or production capacities in, emerging market countries.

Looking to diversify beyond ADVMX? The mutual funds below have the lowest correlation with ADVMX — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from ADVMX.

Best Diversifiers for ADVMX

0 mutual funds have low correlation with ADVMX (below 0.3), 0 of which are negatively correlated. The least correlated is Ashmore Emerging Markets Small Cap Equity Fund (ESCIX) (Emerging Markets Diversified) with a 1Y correlation of 0.53, down from 0.73 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
ESCIX
Ashmore Emerging Markets Small Cap Equity Fund0.530.670.74
87
Emerging Markets DiversifiedADVMX vs ESCIX
EMPTX
UBS Emerging Markets Equity Opportunity Fund0.560.660.71
92
Emerging Markets DiversifiedADVMX vs EMPTX
WAEMX
Wasatch Emerging Markets Small Cap Fund0.650.650.69
62
Emerging Markets DiversifiedADVMX vs WAEMX
DEMIX
Delaware Emerging Markets Fund0.650.710.75
98
Emerging Markets DiversifiedADVMX vs DEMIX
SSKEX
State Street Emerging Markets Equity Index Fund0.700.750.78
89
Emerging Markets DiversifiedADVMX vs SSKEX
See all 25 diversifiers for ADVMX

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