Driehaus Emerging Markets Opportunities Fund (DMAGX) 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 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 75 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 | DMAGX vs FEMSX | |
| Fidelity Series Emerging Markets Fund | 0.01% | — | Aug 2018 | DMAGX vs FHKFX | |
| Vanguard Emerging Markets Stock Index Fund Institu... | 0.06% | — | Jun 2000 | DMAGX vs VEMIX | |
| 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 |
Best Risk-Adjusted Alternatives to DMAGX
DMAGX has a PortfoliosLab risk / return rank of 51. There are 155 mutual funds in the Emerging Markets Equities category with higher risk-adjusted ranks, going as high as 96.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Lazard Emerging Markets Equity Portfolio | 96 | — | Jul 1994 | DMAGX vs LZEMX | |
| Lazard Emerging Markets Equity Portfolio Class R6 | 96 | — | — | DMAGX vs RLEMX | |
| Ashmore Emerging Markets Small Cap Equity Fund | 96 | — | Oct 2011 | DMAGX vs ESCIX | |
| Delaware Emerging Markets Fund | 94 | — | Jun 1996 | DMAGX vs DEMIX | |
| Nomura Emerging Markets Fund Class A | 94 | — | Jun 1996 | DMAGX vs DEMAX |
Top Performing DMAGX Alternatives (YTD)
DMAGX is at 15.56% YTD. There are 152 mutual funds in the Emerging Markets Equities category with higher YTD returns, going as high as 79.82%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Delaware Emerging Markets Fund | 79.82% | — | Jun 1996 | DMAGX vs DEMIX | |
| Nomura Emerging Markets Fund Class A | 79.56% | — | Jun 1996 | DMAGX vs DEMAX | |
| Nomura Emerging Markets Fund Class C | 78.77% | — | Jun 1996 | DMAGX vs DEMCX | |
| Franklin Templeton SMACS: Series EM | 57.68% | — | Nov 2021 | DMAGX vs FQEMX | |
| GMO Emerging Markets ex-China Fund | 41.38% | — | Oct 2021 | DMAGX vs GMAQX |
Lowest Volatility Alternatives to DMAGX
DMAGX has 17.11% 1-year volatility. There are 43 mutual funds in the Emerging Markets Equities category with lower 1-year volatility, going as low as 9.90%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Goldman Sachs GQG Partners International Opportuni... | 9.90% | — | Dec 2016 | DMAGX vs GSIYX | |
| Ashmore Emerging Markets Small Cap Equity Fund | 10.04% | — | Oct 2011 | DMAGX vs ESCIX | |
| GQG Partners Emerging Markets Equity Fund | 11.51% | — | Dec 2016 | DMAGX vs GQGPX | |
| GQG Partners Emerging Markets Equity Fund Institut... | 11.53% | — | — | DMAGX vs GQGIX | |
| The Cook & Bynum Fund | 11.73% | — | Jun 2009 | DMAGX vs COBYX |
Lowest Drawdown Alternatives to DMAGX
DMAGX has a 1-year max drawdown of -10.18%. There are 19 mutual funds in the Emerging Markets Equities 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 | |
| Fidelity SAI Emerging Markets Low Volatility Index... | -6.93% | — | Jan 2019 | DMAGX vs FGKPX | |
| Goldman Sachs GQG Partners International Opportuni... | -7.81% | — | Dec 2016 | DMAGX vs GSIYX | |
| BlackRock Defensive Advantage Emerging Markets Fun... | -8.89% | — | Dec 2020 | DMAGX vs BADEX | |
| The Cook & Bynum Fund | -8.95% | — | Jun 2009 | DMAGX vs COBYX |
Other Mutual Funds from Driehaus
The 6 most viewed Driehaus mutual funds shown here include DMCRX, DVSMX, DRIOX and span 4 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Driehaus Micro Cap Growth Fund | Small Cap Growth Equities | 82 | 21.90% | — | Nov 2013 | DMAGX vs DMCRX | |
| Driehaus Small Cap Growth Fund | Small Cap Growth Equities | 50 | 14.10% | — | Aug 2017 | DMAGX vs DVSMX | |
| Driehaus International Small Cap Growth Fund | Foreign Small & Mid Cap Equities | 17 | 6.64% | — | Sep 2007 | DMAGX vs DRIOX | |
| Driehaus Emerging Markets Small Cap Growth Fund | Emerging Markets Equities | 26 | 6.65% | — | Aug 2011 | DMAGX vs DRESX | |
| Driehaus Small/Mid Cap Growth Fund | Mid Cap Growth Equities | 26 | 10.02% | — | Apr 2020 | DMAGX vs DSMDX | |
| Driehaus Emerging Markets Growth Fund | Emerging Markets Equities | 61 | 19.28% | — | Dec 1997 | DMAGX vs DREGX |
Often Compared With DMAGX
Investors most often compare DMAGX with SSKEX, EAEMX, CEMFX. These 20 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