Calvert Emerging Markets Equity Fund (CVMIX) 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 CVMIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to CVMIX
CVMIX charges 0.99% annually. There are 57 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 | CVMIX vs FPADX | |
| Fidelity SAI Emerging Markets Index Fund | 0.08% | — | Jan 2016 | CVMIX vs FERGX | |
| State Street Emerging Markets Equity Index Fund | 0.17% | — | Dec 2015 | CVMIX vs SSKEX | |
| Franklin Emerging Market Core Equity (IU) Fund Adv... | 0.17% | — | Jul 2019 | CVMIX vs FCEEX | |
| UBS Emerging Markets Equity Opportunity Fund | 0.19% | — | May 2018 | CVMIX vs EMPTX |
Best Risk-Adjusted Alternatives to CVMIX
CVMIX has a PortfoliosLab risk / return rank of 77. There are 45 mutual funds in the Emerging Markets Diversified category with higher risk-adjusted ranks, going as high as 94.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Delaware Emerging Markets Fund | 94 | — | Jun 1996 | CVMIX vs DEMIX | |
| Lazard Emerging Markets Equity Portfolio | 93 | — | Jul 1994 | CVMIX vs LZEMX | |
| Franklin Templeton SMACS: Series EM | 93 | — | Nov 2021 | CVMIX vs FQEMX | |
| GMO Emerging Markets ex-China Fund | 91 | — | Oct 2021 | CVMIX vs GMAQX | |
| Dodge & Cox Emerging Markets Stock Fund | 91 | — | May 2021 | CVMIX vs DODEX |
Top Performing CVMIX Alternatives (YTD)
CVMIX is at 25.15% YTD. There are 23 mutual funds in the Emerging Markets Diversified category with higher YTD returns, going as high as 88.77%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Delaware Emerging Markets Fund | 88.77% | — | Jun 1996 | CVMIX vs DEMIX | |
| Franklin Templeton SMACS: Series EM | 63.44% | — | Nov 2021 | CVMIX vs FQEMX | |
| Martin Currie SMA-Shares Series EM Fund | 46.75% | — | Jan 2018 | CVMIX vs LCSMX | |
| GMO Emerging Markets ex-China Fund | 43.19% | — | Oct 2021 | CVMIX vs GMAQX | |
| Invesco EQV Emerging Markets All Cap Fd | 37.03% | — | Jan 1994 | CVMIX vs GTDDX |
Lowest Volatility Alternatives to CVMIX
CVMIX has 24.41% 1-year volatility. There are 146 mutual funds in the Emerging Markets Diversified category with lower 1-year volatility, going as low as 10.56%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Ashmore Emerging Markets Small Cap Equity Fund | 10.56% | — | Oct 2011 | CVMIX vs ESCIX | |
| GQG Partners Emerging Markets Equity Fund | 11.42% | — | Dec 2016 | CVMIX vs GQGPX | |
| Virtus KAR Emerging Markets Small-Cap Fund | 11.71% | — | Dec 2013 | CVMIX vs VIESX | |
| The Cook & Bynum Fund | 11.77% | — | Jun 2009 | CVMIX vs COBYX | |
| Harding Loevner Frontier Emerging Markets Fund | 12.18% | — | May 2008 | CVMIX vs HLFMX |
Lowest Drawdown Alternatives to CVMIX
CVMIX has a 1-year max drawdown of -14.95%. There are 151 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 | CVMIX vs ESCIX | |
| Wasatch Emerging Markets Small Cap Fund | -8.76% | — | Sep 2007 | CVMIX vs WAEMX | |
| BlackRock Defensive Advantage Emerging Markets Fun... | -8.89% | — | Dec 2020 | CVMIX vs BADEX | |
| The Cook & Bynum Fund | -8.95% | — | Jun 2009 | CVMIX vs COBYX | |
| GQG Partners Emerging Markets Equity Fund | -9.12% | — | Dec 2016 | CVMIX vs GQGPX |
Other Mutual Funds from Calvert Research and Management
The 10 most viewed Calvert Research and Management mutual funds shown here include CISIX, CSIEX, CGJIX and span 9 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Calvert US Large-Cap Core Responsible Index Fund | Large Cap Blend Equities | 64 | 12.35% | — | Jun 2000 | CVMIX vs CISIX | |
| Calvert Equity Fund | Large Cap Growth Equities | 1 | -7.25% | — | Aug 1987 | CVMIX vs CSIEX | |
| Calvert US Large-Cap Growth Responsible Index Fund | Large Cap Growth Equities | 37 | 9.37% | — | Jun 2015 | CVMIX vs CGJIX | |
| Calvert International Responsible Index Fund | Foreign Large Cap Equities | 65 | 17.67% | — | Oct 2015 | CVMIX vs CDHIX | |
| Calvert Ultra-Short Duration Income Fund | Ultrashort Bond | 99 | 1.66% | — | Oct 2006 | CVMIX vs CULAX | |
| Calvert Global Energy Solutions Fund | Global Equities | 60 | 13.45% | — | May 2007 | CVMIX vs CAEIX | |
| Calvert US Large-Cap Value Responsible Index Fund | Large Cap Value Equities | 88 | 21.63% | — | Jun 2015 | CVMIX vs CFJIX | |
| Calvert Income Fund | Corporate Bonds | 30 | 0.05% | — | Oct 1982 | CVMIX vs CFICX | |
| Calvert High Yield Bond Fund | High Yield Bonds | 53 | 0.77% | — | Jul 2001 | CVMIX vs CYBIX | |
| Calvert Small/Mid-Cap Fund Class I | Small Cap Growth Equities | 4 | 8.02% | — | Jul 2011 | CVMIX vs CMCIX |
Often Compared With CVMIX
Investors most often compare CVMIX with ANNPX, KOMP, AVEM. These 20 comparison targets span 16 categories, based on PortfoliosLab usage data.
Compare CVMIX with Any Fund or Stock
Compare CVMIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair CVMIX with funds that move differently
Calvert Emerging Markets Equity Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to CVMIX.
Explore CVMIX Diversifiers