DoubleLine Emerging Markets Fixed Income Fund Class N (DLENX) 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 DLENX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to DLENX
DLENX charges 1.18% annually. There are 65 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 | DLENX vs PYELX | |
| Voya Emerging Markets Corporate Debt Fund | 0.10% | — | Aug 2012 | DLENX vs IMCDX | |
| Vanguard Emerging Markets Bond Fund Admiral Shares | 0.40% | — | Dec 2017 | DLENX vs VEGBX | |
| SEI Institutional Investments Trust Emerging Marke... | 0.41% | — | Dec 2005 | DLENX vs SEDAX | |
| GMO Emerging Country Debt Fund Class VI | 0.51% | — | Apr 1994 | DLENX vs GMOQX |
Best Risk-Adjusted Alternatives to DLENX
DLENX has a PortfoliosLab risk / return rank of 86. There are 32 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 | DLENX vs AGEYX | |
| GMO Emerging Country Debt Fund Class VI | 98 | — | Apr 1994 | DLENX vs GMOQX | |
| American Beacon Frontier Markets Income Fund | 98 | — | Feb 2014 | DLENX vs AGEPX | |
| GMO Emerging Country Debt Fund | 98 | — | Apr 1994 | DLENX vs GMCDX | |
| Franklin Emerging Market Debt Opportunities Fund | 98 | — | May 2006 | DLENX vs FEMDX |
Top Performing DLENX Alternatives (YTD)
DLENX is at 1.61% YTD. There are 55 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 | DLENX vs EDF | |
| GMO Emerging Country Debt Fund Class VI | 9.35% | — | Apr 1994 | DLENX vs GMOQX | |
| GMO Emerging Country Debt Fund | 9.32% | — | Apr 1994 | DLENX vs GMCDX | |
| Franklin Emerging Market Debt Opportunities Fund | 8.24% | — | May 2006 | DLENX vs FEMDX | |
| Morgan Stanley Emerging Markets Domestic Fund | 7.76% | — | Apr 2007 | DLENX vs EDD |
Lowest Volatility Alternatives to DLENX
DLENX has 1.93% 1-year volatility. There is 1 mutual fund 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 | DLENX vs DBLLX | |
| Payden Emerging Markets Corporate Bond Fund | 2.04% | — | Nov 2013 | DLENX vs PYCEX | |
| Virtus Stone Harbor Emerg Mkts Corp Dbt | 2.05% | — | May 2011 | DLENX vs SHCDX | |
| DoubleLine Emerging Markets Fixed Income Fund | 2.09% | — | Apr 2010 | DLENX vs DBLEX | |
| Amana Participation Fund | 2.22% | — | Sep 2015 | DLENX vs AMAPX |
Lowest Drawdown Alternatives to DLENX
DLENX has a 1-year max drawdown of -1.83%. There are 2 mutual funds in the Emerging Markets Bonds category with shallower 1-year drawdowns, going as shallow as -0.92%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| DoubleLine Low Duration Emerging Markets Fixed Inc... | -0.92% | — | Apr 2014 | DLENX vs DBLLX | |
| DoubleLine Emerging Markets Fixed Income Fund | -1.81% | — | Apr 2010 | DLENX vs DBLEX | |
| Virtus Stone Harbor Emerg Mkts Corp Dbt | -1.90% | — | May 2011 | DLENX vs SHCDX | |
| Payden Emerging Markets Corporate Bond Fund | -2.37% | — | Nov 2013 | DLENX vs PYCEX | |
| Delaware Emerging Markets Debt Corporate Fund | -2.46% | — | Sep 2013 | DLENX 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 | DLENX vs DBLTX | |
| DoubleLine Income Solutions Fund | High Yield Bonds | 3 | 1.75% | — | Apr 2013 | DLENX vs DSL | |
| DoubleLine Yield Opportunities Fund | Multisector Bonds | 2 | -0.70% | — | Feb 2020 | DLENX vs DLY | |
| DoubleLine Shiller Enhanced CAPE | Large Cap Blend Equities | 5 | -2.36% | — | Oct 2013 | DLENX vs DSEEX | |
| DoubleLine Low Duration Bond Fund | Short-Term Bond | 97 | 1.06% | — | Sep 2011 | DLENX vs DBLSX | |
| Doubleline Selective Credit Fund | Multisector Bonds | 94 | 1.85% | — | Aug 2014 | DLENX vs DBSCX | |
| DoubleLine Core Fixed Income Fund | Intermediate Core-Plus Bond | 16 | -0.31% | — | Jun 2010 | DLENX vs DBLFX | |
| DoubleLine Flexible Income Fund | Nontraditional Bonds | 98 | 1.72% | — | Apr 2014 | DLENX vs DFLEX | |
| DoubleLine Strategic Commodity Fund | Commodities | 46 | 20.78% | — | May 2015 | DLENX vs DBCMX | |
| DoubleLine Infrastructure Income Fund | Intermediate Core-Plus Bond | 38 | 0.75% | — | Apr 2016 | DLENX vs BILDX |
Often Compared With DLENX
Investors most often compare DLENX with PFUMX, PEBIX, DBELX. These 20 comparison targets span 1 categories, based on PortfoliosLab usage data.
Compare DLENX with Any Fund or Stock
Compare DLENX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair DLENX with funds that move differently
DoubleLine Emerging Markets Fixed Income Fund Class N alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to DLENX.
Explore DLENX Diversifiers