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 266 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 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 | |
| Fidelity Series Overseas Fund | 0.01% | — | Jun 2019 | CMIEX vs FSOSX |
Best Risk-Adjusted Alternatives to CMIEX
CMIEX has a PortfoliosLab risk / return rank of 36. There are 239 mutual funds in the Foreign Large Cap Equities category with higher risk-adjusted ranks, going as high as 95.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| GMO Tax-Managed International Equities Fund | 95 | — | Jul 1998 | CMIEX vs GTMIX | |
| SA International Value Fund | 93 | — | Aug 1999 | CMIEX vs SAHMX | |
| Touchstone International Equity Fund | 92 | — | Mar 1993 | CMIEX vs SWRLX | |
| GMO International Developed Equity Allocation Fund | 90 | — | Jun 2006 | CMIEX vs GIOTX | |
| DFA International Value III Portfolio | 89 | — | Feb 1995 | CMIEX vs DFVIX |
Top Performing CMIEX Alternatives (YTD)
CMIEX is at 10.76% YTD. There are 216 mutual funds in the Foreign Large Cap Equities category with higher YTD returns, going as high as 28.25%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| American Beacon Tocqueville International Value Fu... | 28.25% | — | Aug 1994 | CMIEX vs TIVFX | |
| Fidelity SAI International SMA Completion Fund | 24.09% | — | Apr 2019 | CMIEX vs FISZX | |
| Calamos International Growth Fund | 22.91% | — | Mar 2005 | CMIEX vs CIGIX | |
| Dunham International Stock Fund | 22.73% | — | Dec 2004 | CMIEX vs DCINX | |
| Lord Abbett International Growth Fund | 22.36% | — | Jun 2021 | CMIEX vs LIAGX |
Lowest Volatility Alternatives to CMIEX
CMIEX has 16.43% 1-year volatility. There are 272 mutual funds in the Foreign Large Cap Equities category with lower 1-year volatility, going as low as 8.26%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Advisor Overseas Fund Class C | 8.26% | — | Nov 1997 | CMIEX vs FAOCX | |
| Fidelity Advisor Overseas Fund Class Z | 8.27% | — | Feb 2017 | CMIEX vs FAOSX | |
| Fidelity Advisor Overseas Fund Class I | 8.28% | — | Jul 1995 | CMIEX vs FAOIX | |
| Fidelity Advisor Overseas Fund Class A | 8.28% | — | Sep 1996 | CMIEX vs FAOAX | |
| Fidelity Advisor Overseas Fund Class M | 8.29% | — | Apr 1990 | CMIEX vs FAERX |
Lowest Drawdown Alternatives to CMIEX
CMIEX has a 1-year max drawdown of -13.08%. There are 331 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 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 | 40 | 14.87% | — | Sep 2021 | CMIEX vs ECAT | |
| iShares S&P 500 Index Fund Class K | S&P 500 | 68 | 11.30% | — | Jul 1993 | CMIEX vs WFSPX | |
| BlackRock Global Equity Market Neutral Fund Class ... | Equity Market Neutral | 96 | 11.80% | — | Dec 2012 | CMIEX vs BDMIX | |
| BlackRock LifePath Index 2055 Fund | Target Retirement Date | 68 | 12.25% | — | May 2011 | CMIEX vs LIVIX | |
| Fidelity Asset Manager 70% Fund | Diversified Portfolio | 77 | 11.70% | — | Dec 1991 | CMIEX vs FASGX | |
| AlphaSimplex Managed Futures Strategy Fund Class Y | Systematic Trend | 55 | 9.82% | — | Jul 2010 | CMIEX vs ASFYX | |
| BlackRock Enhanced Equity Dividend Fund | Derivative Income | 43 | 6.43% | — | Aug 2005 | CMIEX vs BDJ | |
| BlackRock Technology Opportunities Fund Investor A | Technology Equities | 41 | 31.15% | — | Apr 2000 | CMIEX vs BGSAX | |
| Fidelity Asset Manager 40% Fund | Diversified Portfolio | 80 | 7.36% | — | Oct 2007 | CMIEX vs FFANX | |
| Fidelity Asset Manager 85% Fund | Diversified Portfolio | 76 | 13.91% | — | Sep 1999 | CMIEX vs FAMRX |
Often Compared With CMIEX
Investors most often compare CMIEX with VOO, VRT, VEU. These 20 comparison targets span 10 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