EMCIX Alternatives & Similar Mutual Funds

Ashmore Emerging Markets Corporate Income Fund (EMCIX) 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 EMCIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to EMCIX

EMCIX charges 1.01% annually. There are 52 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	EMCIX vs PYELX
IMCDX	Voya Emerging Markets Corporate Debt Fund	0.10%	—	Aug 2012	EMCIX vs IMCDX
VEGBX	Vanguard Emerging Markets Bond Fund Admiral Shares	0.40%	—	Dec 2017	EMCIX vs VEGBX
SEDAX	SEI Institutional Investments Trust Emerging Marke...	0.41%	—	Dec 2005	EMCIX vs SEDAX
GMOQX	GMO Emerging Country Debt Fund Class VI	0.51%	—	Apr 1994	EMCIX vs GMOQX

Best Risk-Adjusted Alternatives to EMCIX

EMCIX has a PortfoliosLab risk / return rank of 61. There are 51 mutual funds in the Emerging Markets Bonds category with higher risk-adjusted ranks, going as high as 99.

Symbol	Name	Risk / Return Rank	AUM	Inception
AGEYX	American Beacon Developing World Income Fund Class...	99	—	Feb 2014	EMCIX vs AGEYX
AGEPX	American Beacon Frontier Markets Income Fund	98	—	Feb 2014	EMCIX vs AGEPX
GMOQX	GMO Emerging Country Debt Fund Class VI	98	—	Apr 1994	EMCIX vs GMOQX
GMCDX	GMO Emerging Country Debt Fund	98	—	Apr 1994	EMCIX vs GMCDX
EIDOX	Eaton Vance Emerging Markets Debt Opportunities Fu...	98	—	Sep 2015	EMCIX vs EIDOX

Top Performing EMCIX Alternatives (YTD)

EMCIX is at 3.04% YTD. There are 40 mutual funds in the Emerging Markets Bonds category with higher YTD returns, going as high as 17.95%.

Symbol	Name	YTD Return	AUM	Inception
EDF	Virtus Stone Harbor Emerging Markets Income Fund	17.95%	—	Dec 2010	EMCIX vs EDF
EDD	Morgan Stanley Emerging Markets Domestic Fund	14.01%	—	Apr 2007	EMCIX vs EDD
GMOQX	GMO Emerging Country Debt Fund Class VI	9.17%	—	Apr 1994	EMCIX vs GMOQX
GMCDX	GMO Emerging Country Debt Fund	9.14%	—	Apr 1994	EMCIX vs GMCDX
FEMDX	Franklin Emerging Market Debt Opportunities Fund	8.88%	—	May 2006	EMCIX vs FEMDX

Lowest Volatility Alternatives to EMCIX

EMCIX has 5.48% 1-year volatility. There are 50 mutual funds in the Emerging Markets Bonds category with lower 1-year volatility, going as low as 1.17%.

Symbol	Name	Volatility 1Y	AUM	Inception
DBLLX	DoubleLine Low Duration Emerging Markets Fixed Inc...	1.17%	—	Apr 2014	EMCIX vs DBLLX
DLENX	DoubleLine Emerging Markets Fixed Income Fund Clas...	1.95%	—	Apr 2010	EMCIX vs DLENX
SHCDX	Virtus Stone Harbor Emerg Mkts Corp Dbt	2.03%	—	May 2011	EMCIX vs SHCDX
PYCEX	Payden Emerging Markets Corporate Bond Fund	2.03%	—	Nov 2013	EMCIX vs PYCEX
DBLEX	DoubleLine Emerging Markets Fixed Income Fund	2.08%	—	Apr 2010	EMCIX vs DBLEX

Lowest Drawdown Alternatives to EMCIX

EMCIX has a 1-year max drawdown of -3.10%. There are 8 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	EMCIX vs DBLLX
DBLEX	DoubleLine Emerging Markets Fixed Income Fund	-1.81%	—	Apr 2010	EMCIX vs DBLEX
DLENX	DoubleLine Emerging Markets Fixed Income Fund Clas...	-1.83%	—	Apr 2010	EMCIX vs DLENX
SHCDX	Virtus Stone Harbor Emerg Mkts Corp Dbt	-1.90%	—	May 2011	EMCIX vs SHCDX
PYCEX	Payden Emerging Markets Corporate Bond Fund	-2.37%	—	Nov 2013	EMCIX vs PYCEX

Other Mutual Funds from Ashmore

The 10 most viewed Ashmore mutual funds shown here include EFEIX, ESCIX, EMFIX and span 2 categories.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
EFEIX	Ashmore Emerging Markets Frontier Equity Fund	Emerging Markets Diversified	19	4.31%	—	Nov 2013	EMCIX vs EFEIX
ESCIX	Ashmore Emerging Markets Small Cap Equity Fund	Emerging Markets Diversified	83	8.91%	—	Oct 2011	EMCIX vs ESCIX
EMFIX	Ashmore Emerging Markets Equity Fund	Emerging Markets Diversified	86	27.94%	—	Jun 2011	EMCIX vs EMFIX
EMKIX	Ashmore Emerging Markets Total Return Fund	Emerging Markets Bonds	59	2.07%	—	Dec 2010	EMCIX vs EMKIX
ESDIX	Ashmore Emerging Markets Short Duration Select Fun...	Emerging Markets Bonds	—	—	—	Jun 2020	EMCIX vs ESDIX
ESIGX	Ashmore Emerging Markets Equity ESG Fund	Emerging Markets Diversified	87	27.04%	—	Feb 2020	EMCIX vs ESIGX
ESFIX	Ashmore Emerging Markets Short Duration Fund	Emerging Markets Bonds	19	2.28%	—	Jun 2014	EMCIX vs ESFIX
EMQIX	Ashmore Emerging Markets Active Equity Fund	Emerging Markets Diversified	46	13.16%	—	Oct 2016	EMCIX vs EMQIX
IGIEX	Ashmore Emerging Markets Investment Grade Income F...	Emerging Markets Bonds	94	3.71%	—	Sep 2020	EMCIX vs IGIEX
ELBIX	Ashmore Emerging Markets Local Currency Bond Fund	Emerging Markets Bonds	20	0.24%	—	Dec 2010	EMCIX vs ELBIX

Often Compared With EMCIX

Investors most often compare EMCIX with APFOX, AMAPX, EELDX. These 4 comparison targets span 1 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
APFOX	Artisan Emerging Markets Debt Opportunities Fund	Emerging Markets Bonds	98	6.82%	—	Apr 2022	EMCIX vs APFOX
AMAPX	Amana Participation Fund	Emerging Markets Bonds	46	0.30%	—	Sep 2015	EMCIX vs AMAPX
EELDX	Eaton Vance Emerging Markets Debt Opportunities Fu...	Emerging Markets Bonds	98	8.49%	—	Feb 2013	EMCIX vs EELDX
DEDIX	Delaware Emerging Markets Debt Corporate Fund	Emerging Markets Bonds	86	1.45%	—	Sep 2013	EMCIX vs DEDIX

Compare EMCIX with Any Fund or Stock

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

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Diversifiers

Pair EMCIX with funds that move differently

Ashmore Emerging Markets Corporate Income Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to EMCIX.

Explore EMCIX Diversifiers

Ashmore Emerging Markets Corporate Income Fund (EMCIX) Alternatives