Federated Hermes Emerging Market Debt Fund Institutional Shares (EMDIX) 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 EMDIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to EMDIX
EMDIX charges 0.94% annually. There are 45 mutual funds in the Emerging Markets Bonds category with lower expense ratios, going as low as 0.09%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Payden Emerging Markets Local Bond Fund | 0.09% | — | Nov 2011 | EMDIX vs PYELX | |
| Voya Emerging Markets Corporate Debt Fund | 0.10% | — | Aug 2012 | EMDIX vs IMCDX | |
| Vanguard Emerging Markets Bond Fund Admiral Shares | 0.40% | — | Dec 2017 | EMDIX vs VEGBX | |
| SEI Institutional Investments Trust Emerging Marke... | 0.41% | — | Dec 2005 | EMDIX vs SEDAX | |
| GMO Emerging Country Debt Fund Class VI | 0.51% | — | Apr 1994 | EMDIX vs GMOQX |
Best Risk-Adjusted Alternatives to EMDIX
EMDIX has a PortfoliosLab risk / return rank of 79. There are 44 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 | |
|---|---|---|---|---|---|
| American Beacon Frontier Markets Income Fund | 98 | — | Feb 2014 | EMDIX vs AGEPX | |
| American Beacon Developing World Income Fund Class... | 98 | — | Feb 2014 | EMDIX vs AGEYX | |
| GMO Emerging Country Debt Fund Class VI | 98 | — | Apr 1994 | EMDIX vs GMOQX | |
| GMO Emerging Country Debt Fund | 98 | — | Apr 1994 | EMDIX vs GMCDX | |
| DoubleLine Low Duration Emerging Markets Fixed Inc... | 98 | — | Apr 2014 | EMDIX vs DBLLX |
Top Performing EMDIX Alternatives (YTD)
EMDIX is at 2.96% YTD. There are 33 mutual funds in the Emerging Markets Bonds category with higher YTD returns, going as high as 14.37%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Virtus Stone Harbor Emerging Markets Income Fund | 14.37% | — | Dec 2010 | EMDIX vs EDF | |
| GMO Emerging Country Debt Fund Class VI | 8.73% | — | Apr 1994 | EMDIX vs GMOQX | |
| GMO Emerging Country Debt Fund | 8.70% | — | Apr 1994 | EMDIX vs GMCDX | |
| Franklin Emerging Market Debt Opportunities Fund | 7.92% | — | May 2006 | EMDIX vs FEMDX | |
| American Beacon Frontier Markets Income Fund | 6.76% | — | Feb 2014 | EMDIX vs AGEPX |
Lowest Volatility Alternatives to EMDIX
EMDIX has 5.46% 1-year volatility. There are 50 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 | |
|---|---|---|---|---|---|
| DoubleLine Low Duration Emerging Markets Fixed Inc... | 1.15% | — | Apr 2014 | EMDIX vs DBLLX | |
| DoubleLine Emerging Markets Fixed Income Fund Clas... | 1.92% | — | Apr 2010 | EMDIX vs DLENX | |
| Payden Emerging Markets Corporate Bond Fund | 2.03% | — | Nov 2013 | EMDIX vs PYCEX | |
| Virtus Stone Harbor Emerg Mkts Corp Dbt | 2.04% | — | May 2011 | EMDIX vs SHCDX | |
| DoubleLine Emerging Markets Fixed Income Fund | 2.06% | — | Apr 2010 | EMDIX vs DBLEX |
Lowest Drawdown Alternatives to EMDIX
EMDIX has a 1-year max drawdown of -5.72%. There are 55 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 | |
|---|---|---|---|---|---|
| DoubleLine Low Duration Emerging Markets Fixed Inc... | -0.92% | — | Apr 2014 | EMDIX vs DBLLX | |
| DoubleLine Emerging Markets Fixed Income Fund | -1.81% | — | Apr 2010 | EMDIX vs DBLEX | |
| DoubleLine Emerging Markets Fixed Income Fund Clas... | -1.83% | — | Apr 2010 | EMDIX vs DLENX | |
| Virtus Stone Harbor Emerg Mkts Corp Dbt | -1.90% | — | May 2011 | EMDIX vs SHCDX | |
| Payden Emerging Markets Corporate Bond Fund | -2.37% | — | Nov 2013 | EMDIX vs PYCEX |
Other Mutual Funds from Federated Hermes
The 4 most viewed Federated Hermes mutual funds shown here include QKACX, SVAAX, QALGX and span 4 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Federated Hermes MDT All Cap Core Fund Class R6 | Large Cap Blend Equities | 56 | 7.80% | — | Oct 2002 | EMDIX vs QKACX | |
| Federated Hermes Strategic Value Dividend Fund Cla... | Dividend | 68 | 8.72% | — | Mar 2005 | EMDIX vs SVAAX | |
| Federated Hermes MDT Large Cap Growth Fund Class A | Large Cap Growth Equities | 31 | 9.33% | — | Sep 2005 | EMDIX vs QALGX | |
| Federated Hermes MDT Mid Cap Growth Fund Class R6 | Mid Cap Growth Equities | 5 | 1.77% | — | Dec 2006 | EMDIX vs FGSKX |
Often Compared With EMDIX
Investors most often compare EMDIX with EELDX, AMAPX, EIDOX. These 6 comparison targets span 1 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Eaton Vance Emerging Markets Debt Opportunities Fu... | Emerging Markets Bonds | 97 | 6.66% | — | Feb 2013 | EMDIX vs EELDX | |
| Amana Participation Fund | Emerging Markets Bonds | 45 | 0.26% | — | Sep 2015 | EMDIX vs AMAPX | |
| Eaton Vance Emerging Markets Debt Opportunities Fu... | Emerging Markets Bonds | 97 | 6.75% | — | Sep 2015 | EMDIX vs EIDOX | |
| Artisan Emerging Markets Debt Opportunities Fund | Emerging Markets Bonds | 96 | 4.89% | — | Apr 2022 | EMDIX vs APFOX | |
| Morgan Stanley Emerging Markets Domestic Fund | Emerging Markets Bonds | 15 | 3.21% | — | Apr 2007 | EMDIX vs EDD | |
| Delaware Emerging Markets Debt Corporate Fund | Emerging Markets Bonds | 90 | 1.26% | — | Sep 2013 | EMDIX vs DEDIX |
Compare EMDIX with Any Fund or Stock
Compare EMDIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair EMDIX with funds that move differently
Federated Hermes Emerging Market Debt Fund Institutional Shares alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to EMDIX.
Explore EMDIX Diversifiers