Multi-Manager International Equity Strategies Fund (CMIEX) 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 CMIEX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to CMIEX
CMIEX charges 0.99% annually. There are 264 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 | |
|---|---|---|---|---|---|
| Fidelity Series Global ex U.S. Index Fund | 0.01% | — | Sep 2009 | CMIEX vs FSGEX | |
| Fidelity Series Overseas Fund | 0.01% | — | Jun 2019 | CMIEX vs FSOSX | |
| Fidelity Series International Growth Fund | 0.01% | — | Dec 2009 | CMIEX vs FIGSX | |
| Fidelity Series International Value Fund | 0.01% | — | Dec 2009 | CMIEX vs FINVX | |
| Fidelity Series International Index Fund | 0.01% | — | Aug 2018 | CMIEX vs FHLFX |
Best Risk-Adjusted Alternatives to CMIEX
CMIEX has a PortfoliosLab risk / return rank of 29. There are 223 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 | |
|---|---|---|---|---|---|
| Thornburg Global Opportunities Fund | 94 | — | Jul 2006 | CMIEX vs THOIX | |
| American Beacon Tocqueville International Value Fu... | 93 | — | Aug 1994 | CMIEX vs TIVFX | |
| Touchstone International Equity Fund | 91 | — | Mar 1993 | CMIEX vs SWRLX | |
| Dunham International Stock Fund | 91 | — | Dec 2004 | CMIEX vs DCINX | |
| DFA World ex U.S. Value Portfolio Fund | 88 | — | Aug 2010 | CMIEX vs DFWVX |
Top Performing CMIEX Alternatives (YTD)
CMIEX is at 10.54% YTD. There are 210 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 | |
|---|---|---|---|---|---|
| American Beacon Tocqueville International Value Fu... | 35.17% | — | Aug 1994 | CMIEX vs TIVFX | |
| Calamos International Growth Fund | 34.54% | — | Mar 2005 | CMIEX vs CIGIX | |
| Lord Abbett International Growth Fund | 27.78% | — | Jun 2021 | CMIEX vs LIAGX | |
| Fidelity SAI International SMA Completion Fund | 27.01% | — | Apr 2019 | CMIEX vs FISZX | |
| Dunham International Stock Fund | 26.35% | — | Dec 2004 | CMIEX vs DCINX |
Lowest Volatility Alternatives to CMIEX
CMIEX has 15.62% 1-year volatility. There are 296 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 | |
|---|---|---|---|---|---|
| Fidelity Advisor Overseas Fund Class C | 9.17% | — | Nov 1997 | CMIEX vs FAOCX | |
| Fidelity Advisor Overseas Fund Class Z | 9.18% | — | Feb 2017 | CMIEX vs FAOSX | |
| Fidelity Advisor Overseas Fund Class A | 9.18% | — | Sep 1996 | CMIEX vs FAOAX | |
| Fidelity Advisor Overseas Fund Class M | 9.19% | — | Apr 1990 | CMIEX vs FAERX | |
| Fidelity Advisor Overseas Fund Class I | 9.20% | — | Jul 1995 | CMIEX vs FAOIX |
Lowest Drawdown Alternatives to CMIEX
CMIEX has a 1-year max drawdown of -13.08%. There are 332 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 | |
|---|---|---|---|---|---|
| Redwood AlphaFactor Tactical International Fund | -6.94% | — | Nov 2017 | CMIEX vs RWIIX | |
| Federated Hermes International Strategic Value Div... | -6.97% | — | Jun 2008 | CMIEX vs IVFIX | |
| Fidelity Advisor Overseas Fund Class Z | -7.26% | — | Feb 2017 | CMIEX vs FAOSX | |
| Fidelity Advisor Overseas Fund Class I | -7.28% | — | Jul 1995 | CMIEX vs FAOIX | |
| Fidelity Advisor Overseas Fund Class M | -7.29% | — | Apr 1990 | CMIEX vs FAERX |
Other Mutual Funds from BlackRock
The 10 most viewed BlackRock mutual funds shown here include NASDX, VFAIX, VTMFX and span 10 categories. AUM among these funds goes as high as $29B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Shelton Capital Management Nasdaq-100 Index Fund D... | Large Cap Growth Equities | 75 | 21.38% | — | Jan 2000 | CMIEX vs NASDX | |
| Vanguard Financials Index Fund Admiral Shares | Financials Equities | 4 | -5.08% | 13.70B | Feb 2004 | CMIEX vs VFAIX | |
| Vanguard Tax-Managed Balanced Fund Admiral Shares | Diversified Portfolio | 81 | 6.03% | 11.90B | Sep 1994 | CMIEX vs VTMFX | |
| Vanguard Tax-Managed Capital Appreciation Fund Adm... | Large Cap Blend Equities | 70 | 11.31% | 28.60B | Sep 1994 | CMIEX vs VTCLX | |
| iShares S&P 500 Index Fund | S&P 500 | 73 | 11.69% | — | Jul 1993 | CMIEX vs WFSPX | |
| BlackRock ESG Capital Allocation Term Trust | Derivative Income, ESG | 28 | 11.23% | — | Sep 2021 | CMIEX vs ECAT | |
| BlackRock LifePath Index 2055 Fund | Target Retirement Date | 69 | 13.10% | — | May 2011 | CMIEX vs LIVIX | |
| BlackRock Global Long/Short Equity Fund Class I | Long-Short | 92 | 12.48% | — | Dec 2012 | CMIEX vs BDMIX | |
| Fidelity Asset Manager 70% Fund | Diversified Portfolio | 77 | 11.93% | — | Dec 1991 | CMIEX vs FASGX | |
| AlphaSimplex Managed Futures Strategy Fund Class Y | Systematic Trend | 67 | 15.25% | — | Jul 2010 | CMIEX vs ASFYX |
Often Compared With CMIEX
Investors most often compare CMIEX with VOO, VRT, VT. These 20 comparison targets span 5 categories, based on PortfoliosLab usage data.
Compare CMIEX with Any Fund or Stock
Compare CMIEX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair CMIEX with funds that move differently
Multi-Manager International Equity Strategies Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to CMIEX.
Explore CMIEX Diversifiers