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 | 0.35% | — | Dec 2017 | EMDIX vs VEGBX | |
| SEI Institutional Investments Trust Emerging Marke... | 0.41% | — | Dec 2005 | EMDIX vs SEDAX | |
| Vanguard Emerging Markets Bond Fund Investor Share... | 0.50% | 5.90B | Mar 2016 | EMDIX vs VEMBX |
Best Risk-Adjusted Alternatives to EMDIX
EMDIX has a PortfoliosLab risk / return rank of 74. There are 35 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 | |
|---|---|---|---|---|---|
| American Beacon Developing World Income Fund Class... | 99 | — | Feb 2014 | EMDIX vs AGEYX | |
| American Beacon Frontier Markets Income Fund | 98 | — | Feb 2014 | EMDIX vs AGEPX | |
| Eaton Vance Emerging Markets Debt Opportunities Fu... | 98 | — | Sep 2015 | EMDIX vs EIDOX | |
| Eaton Vance Emerging Markets Debt Opportunities Fu... | 98 | — | Feb 2013 | EMDIX vs EELDX | |
| Franklin Emerging Market Debt Opportunities Fund | 98 | — | May 2006 | EMDIX vs FEMDX |
Top Performing EMDIX Alternatives (YTD)
EMDIX is at 2.51% YTD. There are 30 mutual funds in the Emerging Markets Bonds category with higher YTD returns, going as high as 15.39%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Morgan Stanley Emerging Markets Domestic Fund | 15.39% | — | Apr 2007 | EMDIX vs EDD | |
| Virtus Stone Harbor Emerging Markets Income Fund | 13.59% | — | Dec 2010 | EMDIX vs EDF | |
| Franklin Emerging Market Debt Opportunities Fund | 8.80% | — | May 2006 | EMDIX vs FEMDX | |
| Eaton Vance Emerging Markets Debt Opportunities Fu... | 8.57% | — | Feb 2013 | EMDIX vs EELDX | |
| Eaton Vance Emerging Markets Debt Opportunities Fu... | 8.53% | — | Sep 2015 | EMDIX vs EIDOX |
Lowest Volatility Alternatives to EMDIX
EMDIX has 5.49% 1-year volatility. There are 50 mutual funds in the Emerging Markets Bonds category with lower 1-year volatility, going as low as 1.24%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| DoubleLine Low Duration Emerging Markets Fixed Inc... | 1.24% | — | Apr 2014 | EMDIX vs DBLLX | |
| DoubleLine Emerging Markets Fixed Income Fund Clas... | 2.03% | — | Apr 2010 | EMDIX vs DLENX | |
| Virtus Stone Harbor Emerg Mkts Corp Dbt | 2.05% | — | May 2011 | EMDIX vs SHCDX | |
| Payden Emerging Markets Corporate Bond Fund | 2.05% | — | Nov 2013 | EMDIX vs PYCEX | |
| DoubleLine Emerging Markets Fixed Income Fund | 2.17% | — | Apr 2010 | EMDIX vs DBLEX |
Lowest Drawdown Alternatives to EMDIX
EMDIX has a 1-year max drawdown of -5.72%. There are 54 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
The 10 most viewed Federated mutual funds shown here include SVAIX, QILGX, QAMNX and span 7 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Federated Hermes Strategic Value Dividend Fund | Large Cap Value Equities | 95 | 15.54% | — | Mar 2005 | EMDIX vs SVAIX | |
| Federated Hermes MDT Large Cap Growth Fund | Large Cap Growth Equities | 13 | 2.79% | — | Sep 2005 | EMDIX vs QILGX | |
| Federated Hermes MDT Market Neutral A | Long-Short | 43 | 4.89% | — | Sep 2008 | EMDIX vs QAMNX | |
| Federated Hermes MDT All Cap Core Fund | Large Cap Blend Equities | 46 | 8.82% | — | Oct 2002 | EMDIX vs QIACX | |
| Federated Hermes Kaufmann Fd | Mid Cap Growth Equities | 12 | 8.01% | — | Feb 1986 | EMDIX vs KAUFX | |
| Federated Hermes High-Yield Strategy Portfolio | High Yield Bonds | 60 | 0.87% | — | Dec 2008 | EMDIX vs FHYSX | |
| Federated Hermes MDT Mid Cap Growth Fund | Mid Cap Growth Equities | 3 | -0.99% | — | Aug 1984 | EMDIX vs FGSAX | |
| Federated Hermes Opportunistic High Yield Bond Fun... | High Yield Bonds | 45 | 1.32% | — | Aug 1984 | EMDIX vs FHYTX | |
| Federated Hermes Institutional High Yield Bond Fun... | High Yield Bonds | 49 | 0.74% | — | Nov 2002 | EMDIX vs FIHBX | |
| Federated Hermes Prudent Bear Fd | Inverse Equities | 0 | -6.86% | — | Dec 1995 | EMDIX vs BEARX |
Often Compared With EMDIX
Investors most often compare EMDIX with QKACX, QALGX, FGSKX. These 10 comparison targets span 6 categories, based on PortfoliosLab usage data.
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