BlackRock Sustainable Advantage Emerging Markets Equity Fund (BLZIX) belongs to the Emerging Markets Diversified category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with BLZIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to BLZIX
BLZIX charges 0.86% annually. There are 37 mutual funds in the Emerging Markets Diversified category with lower expense ratios, going as low as 0.08%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Emerging Markets Index Fund | 0.08% | — | Sep 2011 | BLZIX vs FPADX | |
| Fidelity SAI Emerging Markets Index Fund | 0.08% | — | Jan 2016 | BLZIX vs FERGX | |
| Franklin Emerging Market Core Equity (IU) Fund Adv... | 0.17% | — | Jul 2019 | BLZIX vs FCEEX | |
| State Street Emerging Markets Equity Index Fund | 0.17% | — | Dec 2015 | BLZIX vs SSKEX | |
| TIAA-CREF Emerging Markets Equity Index Fund | 0.19% | — | Aug 2010 | BLZIX vs TEQLX |
Best Risk-Adjusted Alternatives to BLZIX
BLZIX has a PortfoliosLab risk / return rank of 54. There are 77 mutual funds in the Emerging Markets Diversified category with higher risk-adjusted ranks, going as high as 93.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Delaware Emerging Markets Fund | 93 | — | Jun 1996 | BLZIX vs DEMIX | |
| Lazard Emerging Markets Equity Portfolio | 91 | — | Jul 1994 | BLZIX vs LZEMX | |
| Franklin Templeton SMACS: Series EM | 89 | — | Nov 2021 | BLZIX vs FQEMX | |
| GMO Emerging Markets ex-China Fund | 87 | — | Oct 2021 | BLZIX vs GMAQX | |
| Dodge & Cox Emerging Markets Stock Fund | 85 | — | May 2021 | BLZIX vs DODEX |
Top Performing BLZIX Alternatives (YTD)
BLZIX is at 19.14% YTD. There are 50 mutual funds in the Emerging Markets Diversified category with higher YTD returns, going as high as 82.71%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Delaware Emerging Markets Fund | 82.71% | — | Jun 1996 | BLZIX vs DEMIX | |
| Franklin Templeton SMACS: Series EM | 54.61% | — | Nov 2021 | BLZIX vs FQEMX | |
| GMO Emerging Markets ex-China Fund | 39.12% | — | Oct 2021 | BLZIX vs GMAQX | |
| Martin Currie SMA-Shares Series EM Fund | 38.12% | — | Jan 2018 | BLZIX vs LCSMX | |
| Invesco EQV Emerging Markets All Cap Fd | 32.60% | — | Jan 1994 | BLZIX vs GTDDX |
Lowest Volatility Alternatives to BLZIX
BLZIX has 22.90% 1-year volatility. There are 122 mutual funds in the Emerging Markets Diversified category with lower 1-year volatility, going as low as 10.52%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Ashmore Emerging Markets Small Cap Equity Fund | 10.52% | — | Oct 2011 | BLZIX vs ESCIX | |
| GQG Partners Emerging Markets Equity Fund | 11.44% | — | Dec 2016 | BLZIX vs GQGPX | |
| Virtus KAR Emerging Markets Small-Cap Fund | 11.76% | — | Dec 2013 | BLZIX vs VIESX | |
| The Cook & Bynum Fund | 11.77% | — | Jun 2009 | BLZIX vs COBYX | |
| Ashmore Emerging Markets Frontier Equity Fund | 12.16% | — | Nov 2013 | BLZIX vs EFEIX |
Lowest Drawdown Alternatives to BLZIX
BLZIX has a 1-year max drawdown of -12.88%. There are 64 mutual funds in the Emerging Markets Diversified category with shallower 1-year drawdowns, going as shallow as -5.70%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Ashmore Emerging Markets Small Cap Equity Fund | -5.70% | — | Oct 2011 | BLZIX vs ESCIX | |
| BlackRock Defensive Advantage Emerging Markets Fun... | -8.89% | — | Dec 2020 | BLZIX vs BADEX | |
| The Cook & Bynum Fund | -8.95% | — | Jun 2009 | BLZIX vs COBYX | |
| GQG Partners Emerging Markets Equity Fund | -9.12% | — | Dec 2016 | BLZIX vs GQGPX | |
| Schwab Fundamental Emerging Markets Equity Index F... | -9.45% | — | Jan 2008 | BLZIX vs SFENX |
Other Mutual Funds from BlackRock
The 10 most viewed BlackRock mutual funds shown here include ECAT, WFSPX, BDMIX and span 9 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| BlackRock ESG Capital Allocation Term Trust | Tactical Allocation, Derivative Income, ESG | 26 | 13.54% | — | Sep 2021 | BLZIX vs ECAT | |
| iShares S&P 500 Index Fund Class K | S&P 500 | 51 | 9.61% | — | Jul 1993 | BLZIX vs WFSPX | |
| BlackRock Global Equity Market Neutral Fund Class ... | Equity Market Neutral | 95 | 11.04% | — | Dec 2012 | BLZIX vs BDMIX | |
| BlackRock LifePath Index 2055 Fund | Target Retirement Date | 51 | 10.57% | — | May 2011 | BLZIX vs LIVIX | |
| Fidelity Asset Manager 70% Fund | Diversified Portfolio | 63 | 10.27% | — | Dec 1991 | BLZIX vs FASGX | |
| AlphaSimplex Managed Futures Strategy Fund Class Y | Systematic Trend | 48 | 9.30% | — | Jul 2010 | BLZIX vs ASFYX | |
| BlackRock Enhanced Equity Dividend Fund | Derivative Income | 46 | 5.76% | — | Aug 2005 | BLZIX vs BDJ | |
| BlackRock Technology Opportunities Fund Investor A | Technology Equities | 27 | 24.65% | — | Apr 2000 | BLZIX vs BGSAX | |
| Fidelity Asset Manager 40% Fund | Diversified Portfolio | 71 | 6.57% | — | Oct 2007 | BLZIX vs FFANX | |
| BlackRock Enhanced Large Cap Core Fund | Derivative Income | 80 | 9.70% | — | Apr 2004 | BLZIX vs CII |
Often Compared With BLZIX
Investors most often compare BLZIX with SPY, VTMFX, EAEMX. These 18 comparison targets span 7 categories, based on PortfoliosLab usage data.
Compare BLZIX with Any Fund or Stock
Compare BLZIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair BLZIX with funds that move differently
BlackRock Sustainable Advantage Emerging Markets Equity Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to BLZIX.
Explore BLZIX Diversifiers