Nomura Emerging Markets Fund Class A (DEMAX) belongs to the Emerging Markets Equities category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with DEMAX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to DEMAX
DEMAX charges 1.42% annually. There are 32 mutual funds in the Emerging Markets Equities category with lower expense ratios, going as low as 0.01%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Series Emerging Markets Opportunities Fun... | 0.01% | — | Dec 2008 | DEMAX vs FEMSX | |
| Fidelity Series Emerging Markets Fund | 0.01% | — | Aug 2018 | DEMAX vs FHKFX | |
| Vanguard Emerging Markets Index Fund Institutional... | 0.08% | 162.80B | Dec 2010 | DEMAX vs VEMRX | |
| Vanguard Emerging Markets Stock Index Fund Institu... | 0.10% | — | Jun 2000 | DEMAX vs VEMIX | |
| Vanguard Emerging Markets Stock Index Fund Admiral... | 0.13% | 162.80B | Jun 2006 | DEMAX vs VEMAX |
Best Risk-Adjusted Alternatives to DEMAX
DEMAX has a PortfoliosLab risk / return rank of 94. No mutual funds in the Emerging Markets Equities category have higher risk-adjusted ranks; the top alternatives shown here go as high as 94.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Nomura Emerging Markets Fund Class C | 94 | — | Jun 1996 | DEMAX vs DEMCX | |
| William Blair Emerging Markets ex China Growth Fun... | 89 | — | Jul 2022 | DEMAX vs WXCIX | |
| Templeton Emerging Markets Fund | 86 | — | Feb 1987 | DEMAX vs EMF | |
| JPMorgan Emerging Markets Equity Fund Class R6 | 85 | — | Dec 2013 | DEMAX vs JEMWX | |
| Fidelity Advisor Focused Emerging Markets Fund Cla... | 85 | — | Aug 2013 | DEMAX vs FZAEX |
Top Performing DEMAX Alternatives (YTD)
DEMAX is at 88.53% YTD. No mutual funds in the Emerging Markets Equities category have higher YTD returns; the top-performing alternatives shown here go as high as 87.77%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Nomura Emerging Markets Fund Class C | 87.77% | — | Jun 1996 | DEMAX vs DEMCX | |
| William Blair Emerging Markets ex China Growth Fun... | 39.62% | — | Jul 2022 | DEMAX vs WXCIX | |
| Templeton Emerging Markets Fund | 33.51% | — | Feb 1987 | DEMAX vs EMF | |
| Calamos Evolving World Growth Fund Class I | 31.75% | — | — | DEMAX vs CNWIX | |
| JPMorgan Emerging Markets Equity Fund Class R6 | 25.90% | — | Dec 2013 | DEMAX vs JEMWX |
Lowest Volatility Alternatives to DEMAX
DEMAX has 49.06% 1-year volatility. There are 38 mutual funds in the Emerging Markets Equities category with lower 1-year volatility, going as low as 11.39%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity SAI Emerging Markets Low Volatility Index... | 11.39% | — | Jan 2019 | DEMAX vs FGKPX | |
| GQG Partners Emerging Markets Equity Fund Institut... | 11.45% | — | — | DEMAX vs GQGIX | |
| Seafarer Overseas Value Fund Institutional Class | 13.30% | — | May 2016 | DEMAX vs SIVLX | |
| Schwab Fundamental Emerging Markets Equity Index F... | 14.16% | — | Jan 2008 | DEMAX vs SFENX | |
| Fidelity Advisor Emerging Markets Discovery Fund C... | 14.63% | — | Nov 2011 | DEMAX vs FEDTX |
Lowest Drawdown Alternatives to DEMAX
DEMAX has a 1-year max drawdown of -24.18%. There are 38 mutual funds in the Emerging Markets Equities category with shallower 1-year drawdowns, going as shallow as -6.93%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity SAI Emerging Markets Low Volatility Index... | -6.93% | — | Jan 2019 | DEMAX vs FGKPX | |
| GQG Partners Emerging Markets Equity Fund Institut... | -9.11% | — | — | DEMAX vs GQGIX | |
| Schwab Fundamental Emerging Markets Equity Index F... | -9.45% | — | Jan 2008 | DEMAX vs SFENX | |
| Fidelity Emerging Markets Discovery Fund | -9.54% | — | Nov 2011 | DEMAX vs FEDDX | |
| Fidelity Advisor Emerging Markets Discovery Fund C... | -9.55% | — | Oct 2018 | DEMAX vs FIQGX |
Other Mutual Funds from Nomura
The 2 most viewed Nomura mutual funds shown here include FGIPX, DDVCX and span 1 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Nomura Growth and Income Fund Institutional Class | Large Cap Value Equities | 96 | 19.60% | — | Oct 1993 | DEMAX vs FGIPX | |
| Nomura Value Fund Class C | Large Cap Value Equities | 29 | 6.77% | — | Apr 2002 | DEMAX vs DDVCX |
Often Compared With DEMAX
Investors most often compare DEMAX with FEDIX, PZIEX, AVALX. These 20 comparison targets span 6 categories, based on PortfoliosLab usage data.
Compare DEMAX with Any Fund or Stock
Compare DEMAX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair DEMAX with funds that move differently
Nomura Emerging Markets Fund Class A alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to DEMAX.
Explore DEMAX Diversifiers