DoubleLine Emerging Markets Fixed Income Fund (DBLEX) belongs to the Emerging Markets Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with DBLEX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to DBLEX
DBLEX charges 0.90% annually. There are 39 mutual funds in the Emerging Markets Bonds category with lower expense ratios, going as low as 0.09%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Payden Emerging Markets Local Bond Fund | 0.09% | — | Nov 2011 | DBLEX vs PYELX | |
| Voya Emerging Markets Corporate Debt Fund | 0.10% | — | Aug 2012 | DBLEX vs IMCDX | |
| Vanguard Emerging Markets Bond Fund Admiral Shares | 0.40% | — | Dec 2017 | DBLEX vs VEGBX | |
| SEI Institutional Investments Trust Emerging Marke... | 0.41% | — | Dec 2005 | DBLEX vs SEDAX | |
| GMO Emerging Country Debt Fund Class VI | 0.51% | — | Apr 1994 | DBLEX vs GMOQX |
Best Risk-Adjusted Alternatives to DBLEX
DBLEX has a PortfoliosLab risk / return rank of 88. There are 26 mutual funds in the Emerging Markets Bonds category with higher risk-adjusted ranks, going as high as 98.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| American Beacon Developing World Income Fund Class... | 98 | — | Feb 2014 | DBLEX vs AGEYX | |
| GMO Emerging Country Debt Fund Class VI | 98 | — | Apr 1994 | DBLEX vs GMOQX | |
| American Beacon Frontier Markets Income Fund | 98 | — | Feb 2014 | DBLEX vs AGEPX | |
| GMO Emerging Country Debt Fund | 98 | — | Apr 1994 | DBLEX vs GMCDX | |
| Franklin Emerging Market Debt Opportunities Fund | 98 | — | May 2006 | DBLEX vs FEMDX |
Top Performing DBLEX Alternatives (YTD)
DBLEX is at 1.72% YTD. There are 54 mutual funds in the Emerging Markets Bonds category with higher YTD returns, going as high as 19.48%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Virtus Stone Harbor Emerging Markets Income Fund | 19.48% | — | Dec 2010 | DBLEX vs EDF | |
| GMO Emerging Country Debt Fund Class VI | 9.35% | — | Apr 1994 | DBLEX vs GMOQX | |
| GMO Emerging Country Debt Fund | 9.32% | — | Apr 1994 | DBLEX vs GMCDX | |
| Franklin Emerging Market Debt Opportunities Fund | 8.24% | — | May 2006 | DBLEX vs FEMDX | |
| Morgan Stanley Emerging Markets Domestic Fund | 7.76% | — | Apr 2007 | DBLEX vs EDD |
Lowest Volatility Alternatives to DBLEX
DBLEX has 2.09% 1-year volatility. There are 4 mutual funds in the Emerging Markets Bonds category with lower 1-year volatility, going as low as 1.16%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| DoubleLine Low Duration Emerging Markets Fixed Inc... | 1.16% | — | Apr 2014 | DBLEX vs DBLLX | |
| DoubleLine Emerging Markets Fixed Income Fund Clas... | 1.93% | — | Apr 2010 | DBLEX vs DLENX | |
| Payden Emerging Markets Corporate Bond Fund | 2.04% | — | Nov 2013 | DBLEX vs PYCEX | |
| Virtus Stone Harbor Emerg Mkts Corp Dbt | 2.05% | — | May 2011 | DBLEX vs SHCDX | |
| Amana Participation Fund | 2.22% | — | Sep 2015 | DBLEX vs AMAPX |
Lowest Drawdown Alternatives to DBLEX
DBLEX has a 1-year max drawdown of -1.81%. There is 1 mutual fund in the Emerging Markets Bonds category with a shallower 1-year drawdown, going as shallow as -0.92%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| DoubleLine Low Duration Emerging Markets Fixed Inc... | -0.92% | — | Apr 2014 | DBLEX vs DBLLX | |
| DoubleLine Emerging Markets Fixed Income Fund Clas... | -1.83% | — | Apr 2010 | DBLEX vs DLENX | |
| Virtus Stone Harbor Emerg Mkts Corp Dbt | -1.90% | — | May 2011 | DBLEX vs SHCDX | |
| Payden Emerging Markets Corporate Bond Fund | -2.37% | — | Nov 2013 | DBLEX vs PYCEX | |
| Delaware Emerging Markets Debt Corporate Fund | -2.46% | — | Sep 2013 | DBLEX vs DEDIX |
Other Mutual Funds from DoubleLine
The 10 most viewed DoubleLine mutual funds shown here include DBLTX, DSL, DLY and span 8 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| DoubleLine Total Return Bond Fund Class I | Total Bond Market | 16 | -0.22% | — | Apr 2010 | DBLEX vs DBLTX | |
| DoubleLine Income Solutions Fund | High Yield Bonds | 3 | 1.75% | — | Apr 2013 | DBLEX vs DSL | |
| DoubleLine Yield Opportunities Fund | Multisector Bonds | 2 | -0.70% | — | Feb 2020 | DBLEX vs DLY | |
| DoubleLine Shiller Enhanced CAPE | Large Cap Blend Equities | 5 | -2.36% | — | Oct 2013 | DBLEX vs DSEEX | |
| DoubleLine Low Duration Bond Fund | Short-Term Bond | 97 | 1.06% | — | Sep 2011 | DBLEX vs DBLSX | |
| Doubleline Selective Credit Fund | Multisector Bonds | 94 | 1.85% | — | Aug 2014 | DBLEX vs DBSCX | |
| DoubleLine Core Fixed Income Fund | Intermediate Core-Plus Bond | 16 | -0.31% | — | Jun 2010 | DBLEX vs DBLFX | |
| DoubleLine Flexible Income Fund | Nontraditional Bonds | 98 | 1.72% | — | Apr 2014 | DBLEX vs DFLEX | |
| DoubleLine Strategic Commodity Fund | Commodities | 46 | 20.78% | — | May 2015 | DBLEX vs DBCMX | |
| DoubleLine Infrastructure Income Fund | Intermediate Core-Plus Bond | 38 | 0.75% | — | Apr 2016 | DBLEX vs BILDX |
Often Compared With DBLEX
Investors most often compare DBLEX with PELBX, JEMDX, PFUMX. These 20 comparison targets span 1 categories, based on PortfoliosLab usage data.
Compare DBLEX with Any Fund or Stock
Compare DBLEX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair DBLEX with funds that move differently
DoubleLine Emerging Markets Fixed Income Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to DBLEX.
Explore DBLEX Diversifiers