EELDX Alternatives & Similar Mutual Funds

Eaton Vance Emerging Markets Debt Opportunities Fund (EELDX) 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 EELDX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to EELDX

EELDX charges 0.78% annually. There are 19 mutual funds in the Emerging Markets Bonds category with lower expense ratios, going as low as 0.09%.

Symbol	Name	Expense Ratio	AUM	Inception
PYELX	Payden Emerging Markets Local Bond Fund	0.09%	—	Nov 2011	EELDX vs PYELX
IMCDX	Voya Emerging Markets Corporate Debt Fund	0.10%	—	Aug 2012	EELDX vs IMCDX
VEGBX	Vanguard Emerging Markets Bond Fund Admiral Shares	0.40%	—	Dec 2017	EELDX vs VEGBX
SEDAX	SEI Institutional Investments Trust Emerging Marke...	0.41%	—	Dec 2005	EELDX vs SEDAX
GMOQX	GMO Emerging Country Debt Fund Class VI	0.51%	—	Apr 1994	EELDX vs GMOQX

Best Risk-Adjusted Alternatives to EELDX

EELDX has a PortfoliosLab risk / return rank of 97. There are 7 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
AGEPX	American Beacon Frontier Markets Income Fund	98	—	Feb 2014	EELDX vs AGEPX
AGEYX	American Beacon Developing World Income Fund Class...	98	—	Feb 2014	EELDX vs AGEYX
GMOQX	GMO Emerging Country Debt Fund Class VI	98	—	Apr 1994	EELDX vs GMOQX
GMCDX	GMO Emerging Country Debt Fund	98	—	Apr 1994	EELDX vs GMCDX
DBLLX	DoubleLine Low Duration Emerging Markets Fixed Inc...	98	—	Apr 2014	EELDX vs DBLLX

Top Performing EELDX Alternatives (YTD)

EELDX is at 6.66% YTD. There are 7 mutual funds in the Emerging Markets Bonds category with higher YTD returns, going as high as 14.37%.

Symbol	Name	YTD Return	AUM	Inception
EDF	Virtus Stone Harbor Emerging Markets Income Fund	14.37%	—	Dec 2010	EELDX vs EDF
GMOQX	GMO Emerging Country Debt Fund Class VI	8.73%	—	Apr 1994	EELDX vs GMOQX
GMCDX	GMO Emerging Country Debt Fund	8.70%	—	Apr 1994	EELDX vs GMCDX
FEMDX	Franklin Emerging Market Debt Opportunities Fund	7.92%	—	May 2006	EELDX vs FEMDX
AGEPX	American Beacon Frontier Markets Income Fund	6.76%	—	Feb 2014	EELDX vs AGEPX

Lowest Volatility Alternatives to EELDX

EELDX has 3.47% 1-year volatility. There are 12 mutual funds in the Emerging Markets Bonds category with lower 1-year volatility, going as low as 1.15%.

Symbol	Name	Volatility 1Y	AUM	Inception
DBLLX	DoubleLine Low Duration Emerging Markets Fixed Inc...	1.15%	—	Apr 2014	EELDX vs DBLLX
DLENX	DoubleLine Emerging Markets Fixed Income Fund Clas...	1.92%	—	Apr 2010	EELDX vs DLENX
PYCEX	Payden Emerging Markets Corporate Bond Fund	2.03%	—	Nov 2013	EELDX vs PYCEX
SHCDX	Virtus Stone Harbor Emerg Mkts Corp Dbt	2.04%	—	May 2011	EELDX vs SHCDX
DBLEX	DoubleLine Emerging Markets Fixed Income Fund	2.06%	—	Apr 2010	EELDX vs DBLEX

Lowest Drawdown Alternatives to EELDX

EELDX has a 1-year max drawdown of -3.68%. There are 17 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
DBLLX	DoubleLine Low Duration Emerging Markets Fixed Inc...	-0.92%	—	Apr 2014	EELDX vs DBLLX
DBLEX	DoubleLine Emerging Markets Fixed Income Fund	-1.81%	—	Apr 2010	EELDX vs DBLEX
DLENX	DoubleLine Emerging Markets Fixed Income Fund Clas...	-1.83%	—	Apr 2010	EELDX vs DLENX
SHCDX	Virtus Stone Harbor Emerg Mkts Corp Dbt	-1.90%	—	May 2011	EELDX vs SHCDX
PYCEX	Payden Emerging Markets Corporate Bond Fund	-2.37%	—	Nov 2013	EELDX vs PYCEX

Other Mutual Funds from Eaton Vance

The 10 most viewed Eaton Vance mutual funds shown here include ETG, EGRIX, EXG and span 11 categories.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
ETG	Eaton Vance Tax Advantaged Global Dividend Income ...	Global Equities	23	2.94%	—	Jan 2004	EELDX vs ETG
EGRIX	Eaton Vance Global Macro Absolute Return Advantage...	Nontraditional Bonds	97	6.67%	—	Aug 2010	EELDX vs EGRIX
EXG	Eaton Vance Tax-Managed Global Diversified Equity ...	Dividend, Global Equity Income	23	2.69%	—	Feb 2007	EELDX vs EXG
EIAMX	Eaton Vance Multi-Asset Credit Fund	High Yield Bonds	84	1.46%	—	Oct 2011	EELDX vs EIAMX
ETY	Eaton Vance Tax Managed Diversified Equity Income ...	Large Cap Growth Equities	6	-0.63%	—	Nov 2006	EELDX vs ETY
EIMAX	Eaton Vance Massachusetts Municipal Income Fund	Municipal Bonds	70	1.63%	—	Jun 1993	EELDX vs EIMAX
ESIIX	Eaton Vance Strategic Income Fund Class I	Multisector Bonds	92	2.18%	—	Apr 2009	EELDX vs ESIIX
EIRAX	Eaton Vance Richard Bernstein All Asset Strategy F...	Tactical Allocation	50	7.81%	—	Sep 2011	EELDX vs EIRAX
EHSTX	Eaton Vance Large-Cap Value Fund	Large Cap Value Equities	55	12.24%	—	Sep 1931	EELDX vs EHSTX
EISMX	Eaton Vance Atlanta Capital SMID-Cap Fund	Mid Cap Growth Equities	2	-1.95%	—	Apr 2002	EELDX vs EISMX

Often Compared With EELDX

Investors most often compare EELDX with FBIIX, FIBPX, FWWFX. These 20 comparison targets span 8 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
FBIIX	Fidelity International Bond Index Fund	Global Bonds	8	0.83%	—	Oct 2019	EELDX vs FBIIX
FIBPX	Federated Hermes International Bond Strategy Portf...	Global Bonds	14	0.94%	—	Dec 2008	EELDX vs FIBPX
FWWFX	Fidelity Worldwide Fund	Global Equities	69	20.80%	—	May 1990	EELDX vs FWWFX
EMB	iShares J.P. Morgan USD Emerging Markets Bond ETF	Emerging Markets Bonds	61	1.80%	14.16B	Dec 2007	EELDX vs EMB
EVCGX	Eaton Vance Greater China Growth Fund	China Equities	5	-3.53%	—	Oct 1992	EELDX vs EVCGX
EMDIX	Federated Hermes Emerging Market Debt Fund Institu...	Emerging Markets Bonds	79	2.96%	—	Oct 1996	EELDX vs EMDIX
EAIIX	Eaton Vance Global Bond Fund	Global Bonds	90	3.75%	—	Jun 2007	EELDX vs EAIIX
SPY	State Street SPDR S&P 500 ETF	S&P 500	70	10.91%	781.00B	Jan 1993	EELDX vs SPY
PFUMX	Principal Finisterre Emerging Markets Total Return...	Emerging Markets Bonds	80	2.32%	—	Jul 2016	EELDX vs PFUMX
ETO	Eaton Vance Tax-Advantaged Global Dividend Opportu...	Global Equities	32	4.38%	—	Apr 2004	EELDX vs ETO
DEDIX	Delaware Emerging Markets Debt Corporate Fund	Emerging Markets Bonds	90	1.26%	—	Sep 2013	EELDX vs DEDIX
WEDIX	William Blair Emerging Markets Debt Fund	Emerging Markets Bonds	91	4.24%	—	May 2021	EELDX vs WEDIX
FGBFX	Fidelity Global Credit Fund	Global Bonds	—	—	—	May 2012	EELDX vs FGBFX
SHMDX	Virtus Stone Harbor Emerging Mkts Debt	Emerging Markets Bonds	92	4.06%	—	Aug 2007	EELDX vs SHMDX
JMKIX	John Hancock Funds Emerging Markets Debt Fund	Emerging Markets Bonds	82	2.92%	—	Dec 2009	EELDX vs JMKIX
EAERX	Eaton Vance Stock Fund	Large Cap Blend Equities	29	6.44%	—	Nov 2001	EELDX vs EAERX
EILGX	Eaton Vance-Atlanta Capital Focused Growth	Large Cap Growth Equities	1	-10.50%	—	Apr 2002	EELDX vs EILGX
CWBFX	American Funds Capital World Bond Fund	Global Bonds	4	-0.48%	—	Aug 1987	EELDX vs CWBFX
ETPAX	Eaton Vance Pennsylvania Municipal Income Fund	Municipal Bonds	74	2.21%	—	May 1994	EELDX vs ETPAX
TEI	Templeton Emerging Markets Income Fund	Emerging Markets Bonds	34	2.44%	—	—	EELDX vs TEI

Compare EELDX with Any Fund or Stock

Compare EELDX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

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Diversifiers

Pair EELDX with funds that move differently

Eaton Vance Emerging Markets Debt Opportunities Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to EELDX.

Explore EELDX Diversifiers

Eaton Vance Emerging Markets Debt Opportunities Fund (EELDX) Alternatives