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 | |
| State Street Emerging Markets Equity Index Fund | 0.17% | — | Dec 2015 | DMAGX vs SSKEX | |
| Franklin Emerging Market Core Equity (IU) Fund Adv... | 0.17% | — | Jul 2019 | DMAGX vs FCEEX | |
| 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 59. There are 116 mutual funds in the Emerging Markets Diversified category with higher risk-adjusted ranks, going as high as 94.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Delaware Emerging Markets Fund | 94 | — | Jun 1996 | DMAGX vs DEMIX | |
| Lazard Emerging Markets Equity Portfolio | 93 | — | Jul 1994 | DMAGX vs LZEMX | |
| Franklin Templeton SMACS: Series EM | 93 | — | Nov 2021 | DMAGX vs FQEMX | |
| GMO Emerging Markets ex-China Fund | 91 | — | Oct 2021 | DMAGX vs GMAQX | |
| Dodge & Cox Emerging Markets Stock Fund | 91 | — | May 2021 | DMAGX vs DODEX |
Top Performing DMAGX Alternatives (YTD)
DMAGX is at 16.46% YTD. There are 119 mutual funds in the Emerging Markets Diversified category with higher YTD returns, going as high as 88.77%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Delaware Emerging Markets Fund | 88.77% | — | Jun 1996 | DMAGX vs DEMIX | |
| Franklin Templeton SMACS: Series EM | 63.44% | — | Nov 2021 | DMAGX vs FQEMX | |
| Martin Currie SMA-Shares Series EM Fund | 46.75% | — | Jan 2018 | DMAGX vs LCSMX | |
| GMO Emerging Markets ex-China Fund | 43.19% | — | Oct 2021 | DMAGX vs GMAQX | |
| Invesco EQV Emerging Markets All Cap Fd | 37.03% | — | Jan 1994 | DMAGX vs GTDDX |
Lowest Volatility Alternatives to DMAGX
DMAGX has 16.52% 1-year volatility. There are 24 mutual funds in the Emerging Markets Diversified category with lower 1-year volatility, going as low as 10.56%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Ashmore Emerging Markets Small Cap Equity Fund | 10.56% | — | Oct 2011 | DMAGX vs ESCIX | |
| GQG Partners Emerging Markets Equity Fund | 11.42% | — | Dec 2016 | DMAGX vs GQGPX | |
| Virtus KAR Emerging Markets Small-Cap Fund | 11.71% | — | Dec 2013 | DMAGX vs VIESX | |
| The Cook & Bynum Fund | 11.77% | — | Jun 2009 | DMAGX vs COBYX | |
| Ashmore Emerging Markets Frontier Equity Fund | 12.18% | — | Nov 2013 | DMAGX vs EFEIX |
Lowest Drawdown Alternatives to DMAGX
DMAGX has a 1-year max drawdown of -10.18%. There are 10 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 | -8.76% | — | 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 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 | 88 | 29.38% | — | Nov 2013 | DMAGX vs DMCRX | |
| Driehaus Small Cap Growth Fund | Small Cap Growth Equities | 68 | 20.13% | — | Aug 2017 | DMAGX vs DVSMX | |
| Driehaus International Small Cap Growth Fund | Foreign Small & Mid Cap Equities | 12 | 6.73% | — | Sep 2007 | DMAGX vs DRIOX | |
| Driehaus Emerging Markets Small Cap Growth Fund | Emerging Markets Diversified | 43 | 11.41% | — | Aug 2011 | DMAGX vs DRESX | |
| Driehaus Emerging Markets Growth Fund | Emerging Markets Diversified | 73 | 22.11% | — | Dec 1997 | DMAGX vs DREGX | |
| Driehaus Small/Mid Cap Growth Fund | Mid Cap Growth Equities | 37 | 15.16% | — | Apr 2020 | DMAGX vs DSMDX |
Often Compared With DMAGX
Investors most often compare DMAGX with EAEMX, CEMFX, TEQLX. These 9 comparison targets span 1 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Parametric Emerging Markets Fund | Emerging Markets Diversified | 57 | 9.19% | — | Jun 2006 | DMAGX vs EAEMX | |
| Cullen Emerging Markets High Dividend Fund | Emerging Markets Diversified | 79 | 19.17% | — | Aug 2012 | DMAGX vs CEMFX | |
| TIAA-CREF Emerging Markets Equity Index Fund | Emerging Markets Diversified | 67 | 20.44% | — | Aug 2010 | DMAGX vs TEQLX | |
| LSV Emerging Markets Equity Fund | Emerging Markets Diversified | 89 | 27.23% | — | Jan 2019 | DMAGX vs LVAZX | |
| Brandes Emerging Markets Fund | Emerging Markets Diversified | 89 | 20.81% | — | Jan 2011 | DMAGX vs BEMIX | |
| Parametric Tax-Managed Emerging Markets Fund | Emerging Markets Diversified | 59 | 9.30% | — | Jun 1998 | DMAGX vs EITEX | |
| abrdn Emerging Markets ex-China Fund | Emerging Markets Diversified | 87 | 34.58% | — | Aug 2000 | DMAGX vs GLLSX | |
| Harding Loevner Frontier Emerging Markets Fund | Emerging Markets Diversified | 18 | 5.38% | — | May 2008 | DMAGX vs HLFMX | |
| PGIM Jennison Emerging Markets Equity Opportunitie... | Emerging Markets Diversified | 25 | 17.74% | — | Sep 2014 | DMAGX vs PDEZX |
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