Driehaus Emerging Markets Opportunities Fund (DMAGX) 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 DMAGX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to DMAGX
DMAGX 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 SAI Emerging Markets Index Fund | 0.08% | — | Jan 2016 | DMAGX vs FERGX | |
| Fidelity Emerging Markets Index Fund | 0.08% | — | Sep 2011 | DMAGX vs FPADX | |
| Franklin Emerging Market Core Equity (IU) Fund Adv... | 0.17% | — | Jul 2019 | DMAGX vs FCEEX | |
| State Street Emerging Markets Equity Index Fund | 0.17% | — | Dec 2015 | DMAGX vs SSKEX | |
| UBS Emerging Markets Equity Opportunity Fund | 0.19% | — | May 2018 | DMAGX vs EMPTX |
Best Risk-Adjusted Alternatives to DMAGX
DMAGX has a PortfoliosLab risk / return rank of 73. There are 132 mutual funds in the Emerging Markets Diversified category with higher risk-adjusted ranks, going as high as 98.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Franklin Templeton SMACS: Series EM | 98 | — | Nov 2021 | DMAGX vs FQEMX | |
| Delaware Emerging Markets Fund | 98 | — | Jun 1996 | DMAGX vs DEMIX | |
| Martin Currie SMA-Shares Series EM Fund | 98 | — | Jan 2018 | DMAGX vs LCSMX | |
| GMO Emerging Markets ex-China Fund | 97 | — | Oct 2021 | DMAGX vs GMAQX | |
| LSV Emerging Markets Equity Fund | 97 | — | Jan 2019 | DMAGX vs LVAZX |
Top Performing DMAGX Alternatives (YTD)
DMAGX is at 19.21% YTD. There are 137 mutual funds in the Emerging Markets Diversified category with higher YTD returns, going as high as 112.88%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Delaware Emerging Markets Fund | 112.88% | — | Jun 1996 | DMAGX vs DEMIX | |
| Franklin Templeton SMACS: Series EM | 90.39% | — | Nov 2021 | DMAGX vs FQEMX | |
| Martin Currie SMA-Shares Series EM Fund | 67.99% | — | Jan 2018 | DMAGX vs LCSMX | |
| GMO Emerging Markets ex-China Fund | 57.96% | — | Oct 2021 | DMAGX vs GMAQX | |
| Invesco EQV Emerging Markets All Cap Fd | 49.96% | — | Jan 1994 | DMAGX vs GTDDX |
Lowest Volatility Alternatives to DMAGX
DMAGX has 14.95% 1-year volatility. There are 31 mutual funds in the Emerging Markets Diversified category with lower 1-year volatility, going as low as 10.37%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| BlackRock Defensive Advantage Emerging Markets Fun... | 10.37% | — | Dec 2020 | DMAGX vs BADEX | |
| Virtus KAR Emerging Markets Small-Cap Fund | 11.03% | — | Dec 2013 | DMAGX vs VIESX | |
| GQG Partners Emerging Markets Equity Fund | 11.32% | — | Dec 2016 | DMAGX vs GQGPX | |
| Ashmore Emerging Markets Small Cap Equity Fund | 11.53% | — | Oct 2011 | DMAGX vs ESCIX | |
| Parametric Emerging Markets Fund | 11.57% | — | Jun 2006 | DMAGX vs EAEMX |
Lowest Drawdown Alternatives to DMAGX
DMAGX has a 1-year max drawdown of -10.18%. There are 11 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 | DMAGX vs ESCIX | |
| Wasatch Emerging Markets Small Cap Fund | -7.89% | — | Sep 2007 | DMAGX vs WAEMX | |
| BlackRock Defensive Advantage Emerging Markets Fun... | -8.89% | — | Dec 2020 | DMAGX vs BADEX | |
| The Cook & Bynum Fund | -8.95% | — | Jun 2009 | DMAGX vs COBYX | |
| GQG Partners Emerging Markets Equity Fund | -9.12% | — | Dec 2016 | DMAGX vs GQGPX |
Other Mutual Funds from Driehaus
The 7 most viewed Driehaus mutual funds shown here include DMCRX, DVSMX, DRIOX and span 5 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Driehaus Micro Cap Growth Fund | Small Cap Growth Equities | 80 | 25.51% | — | Nov 2013 | DMAGX vs DMCRX | |
| Driehaus Small Cap Growth Fund | Small Cap Growth Equities | 59 | 19.46% | — | Aug 2017 | DMAGX vs DVSMX | |
| Driehaus International Small Cap Growth Fund | Foreign Small & Mid Cap Equities | 23 | 13.20% | — | Sep 2007 | DMAGX vs DRIOX | |
| Driehaus Emerging Markets Small Cap Growth Fund | Emerging Markets Diversified | 81 | 20.11% | — | Aug 2011 | DMAGX vs DRESX | |
| Driehaus Event Driven Fund | Event Driven | — | — | — | Aug 2013 | DMAGX vs DEVDX | |
| Driehaus Emerging Markets Growth Fund | Emerging Markets Diversified | 87 | 30.36% | — | Dec 1997 | DMAGX vs DREGX | |
| Driehaus Small/Mid Cap Growth Fund | Mid Cap Growth Equities | 45 | 20.77% | — | Apr 2020 | DMAGX vs DSMDX |
Often Compared With DMAGX
Investors most often compare DMAGX with CEMFX, EFEIX, BEMIX. These 10 comparison targets span 1 categories, based on PortfoliosLab usage data.
Compare DMAGX with Any Fund or Stock
Compare DMAGX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair DMAGX with funds that move differently
Driehaus Emerging Markets Opportunities Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to DMAGX.
Explore DMAGX Diversifiers