Ashmore Emerging Markets Local Currency Bond Fund (ELBIX) Alternatives

Ashmore Emerging Markets Local Currency Bond Fund (ELBIX) 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 ELBIX. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.

Cheapest Alternatives to ELBIX

ELBIX charges 0.97% annually. Among mutual funds in the Emerging Markets Bonds category, these options have the lowest expense ratios among ELBIX alternatives.

Symbol	Name	Expense Ratio	Inception
PYELX	Payden Emerging Markets Local Bond Fund	0.09%	Nov 1, 2011	ELBIX vs PYELX
IMCDX	Voya Emerging Markets Corporate Debt Fund	0.10%	Aug 8, 2012	ELBIX vs IMCDX
VEGBX	Vanguard Emerging Markets Bond Fund Admiral Shares	0.40%	Dec 6, 2017	ELBIX vs VEGBX
SEDAX	SEI Institutional Investments Trust Emerging Marke...	0.41%	Dec 4, 2005	ELBIX vs SEDAX
GMOQX	GMO Emerging Country Debt Fund Class VI	0.51%	Apr 19, 1994	ELBIX vs GMOQX

Best Risk-Adjusted Alternatives to ELBIX

Among mutual funds in the Emerging Markets Bonds category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.

Symbol	Name	Risk / Return Rank	Inception
AGEYX	American Beacon Developing World Income Fund Class...	98	Feb 25, 2014	ELBIX vs AGEYX
AGEPX	American Beacon Frontier Markets Income Fund	98	Feb 24, 2014	ELBIX vs AGEPX
EIDOX	Eaton Vance Emerging Markets Debt Opportunities Fu...	98	Sep 3, 2015	ELBIX vs EIDOX
EELDX	Eaton Vance Emerging Markets Debt Opportunities Fu...	98	Feb 3, 2013	ELBIX vs EELDX
DBLLX	DoubleLine Low Duration Emerging Markets Fixed Inc...	98	Apr 6, 2014	ELBIX vs DBLLX

Top Performing ELBIX Alternatives (YTD)

ELBIX alternatives from the Emerging Markets Bonds category, sorted by year-to-date return.

Symbol	Name	YTD Return	Inception
EDF	Virtus Stone Harbor Emerging Markets Income Fund	2.58%	Dec 23, 2010	ELBIX vs EDF
GMOQX	GMO Emerging Country Debt Fund Class VI	2.32%	Apr 19, 1994	ELBIX vs GMOQX
GMCDX	GMO Emerging Country Debt Fund	2.31%	Apr 18, 1994	ELBIX vs GMCDX
AGEPX	American Beacon Frontier Markets Income Fund	1.69%	Feb 24, 2014	ELBIX vs AGEPX
AGEYX	American Beacon Developing World Income Fund Class...	1.59%	Feb 25, 2014	ELBIX vs AGEYX

Lowest Volatility Alternatives to ELBIX

ELBIX alternatives from the Emerging Markets Bonds category, sorted by annualized volatility over the past year.

Symbol	Name	Volatility 1Y	Inception
DBLLX	DoubleLine Low Duration Emerging Markets Fixed Inc...	1.45%	Apr 6, 2014	ELBIX vs DBLLX
AMAPX	Amana Participation Fund	2.08%	Sep 27, 2015	ELBIX vs AMAPX
PYCEX	Payden Emerging Markets Corporate Bond Fund	2.59%	Nov 10, 2013	ELBIX vs PYCEX
DLENX	DoubleLine Emerging Markets Fixed Income Fund Clas...	2.61%	Apr 6, 2010	ELBIX vs DLENX
DBLEX	DoubleLine Emerging Markets Fixed Income Fund	2.63%	Apr 5, 2010	ELBIX vs DBLEX

Lowest Drawdown Alternatives to ELBIX

ELBIX alternatives from the Emerging Markets Bonds category, sorted by maximum drawdown over the past year.

Symbol	Name	Max Drawdown 1Y	Inception
DBLLX	DoubleLine Low Duration Emerging Markets Fixed Inc...	-1.35%	Apr 6, 2014	ELBIX vs DBLLX
AMAPX	Amana Participation Fund	-2.51%	Sep 27, 2015	ELBIX vs AMAPX
DBLEX	DoubleLine Emerging Markets Fixed Income Fund	-2.77%	Apr 5, 2010	ELBIX vs DBLEX
DLENX	DoubleLine Emerging Markets Fixed Income Fund Clas...	-2.77%	Apr 6, 2010	ELBIX vs DLENX
PYCEX	Payden Emerging Markets Corporate Bond Fund	-2.96%	Nov 10, 2013	ELBIX vs PYCEX

Other Mutual Funds from Ashmore

Most popular Ashmore mutual funds on PortfoliosLab, across asset classes.

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
EMFIX	Ashmore Emerging Markets Equity Fund	Emerging Markets Diversified	89	3.30%	Jun 20, 2011	ELBIX vs EMFIX
EFEIX	Ashmore Emerging Markets Frontier Equity Fund	Emerging Markets Diversified	50	-2.96%	Nov 3, 2013	ELBIX vs EFEIX
ESCIX	Ashmore Emerging Markets Small Cap Equity Fund	Emerging Markets Diversified	94	8.91%	Oct 3, 2011	ELBIX vs ESCIX
EMKIX	Ashmore Emerging Markets Total Return Fund	Emerging Markets Bonds	91	-1.50%	Dec 7, 2010	ELBIX vs EMKIX
ESFIX	Ashmore Emerging Markets Short Duration Fund	Emerging Markets Bonds	10	0.48%	Jun 23, 2014	ELBIX vs ESFIX
ESIGX	Ashmore Emerging Markets Equity ESG Fund	Emerging Markets Diversified	89	2.60%	Feb 25, 2020	ELBIX vs ESIGX
EMQIX	Ashmore Emerging Markets Active Equity Fund	Emerging Markets Diversified	78	0.82%	Oct 31, 2016	ELBIX vs EMQIX
ESDIX	Ashmore Emerging Markets Short Duration Select Fun...	Emerging Markets Bonds	—	—	Jun 14, 2020	ELBIX vs ESDIX
EMCIX	Ashmore Emerging Markets Corporate Income Fund	Emerging Markets Bonds	70	1.36%	Dec 7, 2010	ELBIX vs EMCIX
IGIEX	Ashmore Emerging Markets Investment Grade Income F...	Emerging Markets Bonds	95	-0.06%	Sep 16, 2020	ELBIX vs IGIEX

Compare ELBIX with Any Fund or Stock

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

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Ashmore Emerging Markets Local Currency Bond Fund

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