Allspring Emerging Markets Equity Fund (EMGAX) belongs to the Emerging Markets Diversified category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with EMGAX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to EMGAX
EMGAX charges 1.43% annually. There are 143 mutual funds in the Emerging Markets Diversified category with lower expense ratios, going as low as 0.08%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Emerging Markets Index Fund | 0.08% | — | Sep 2011 | EMGAX vs FPADX | |
| Fidelity SAI Emerging Markets Index Fund | 0.08% | — | Jan 2016 | EMGAX vs FERGX | |
| Franklin Emerging Market Core Equity (IU) Fund Adv... | 0.17% | — | Jul 2019 | EMGAX vs FCEEX | |
| State Street Emerging Markets Equity Index Fund | 0.17% | — | Dec 2015 | EMGAX vs SSKEX | |
| UBS Emerging Markets Equity Opportunity Fund | 0.19% | — | May 2018 | EMGAX vs EMPTX |
Best Risk-Adjusted Alternatives to EMGAX
EMGAX has a PortfoliosLab risk / return rank of 87. There are 99 mutual funds in the Emerging Markets Diversified category with higher risk-adjusted ranks, going as high as 98.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Franklin Templeton SMACS: Series EM | 98 | — | Nov 2021 | EMGAX vs FQEMX | |
| Delaware Emerging Markets Fund | 98 | — | Jun 1996 | EMGAX vs DEMIX | |
| Martin Currie SMA-Shares Series EM Fund | 98 | — | Jan 2018 | EMGAX vs LCSMX | |
| GMO Emerging Markets ex-China Fund | 97 | — | Oct 2021 | EMGAX vs GMAQX | |
| LSV Emerging Markets Equity Fund | 97 | — | Jan 2019 | EMGAX vs LVAZX |
Top Performing EMGAX Alternatives (YTD)
EMGAX is at 28.06% YTD. There are 88 mutual funds in the Emerging Markets Diversified category with higher YTD returns, going as high as 112.88%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Delaware Emerging Markets Fund | 112.88% | — | Jun 1996 | EMGAX vs DEMIX | |
| Franklin Templeton SMACS: Series EM | 90.39% | — | Nov 2021 | EMGAX vs FQEMX | |
| Martin Currie SMA-Shares Series EM Fund | 67.99% | — | Jan 2018 | EMGAX vs LCSMX | |
| GMO Emerging Markets ex-China Fund | 57.96% | — | Oct 2021 | EMGAX vs GMAQX | |
| Invesco EQV Emerging Markets All Cap Fd | 49.96% | — | Jan 1994 | EMGAX vs GTDDX |
Lowest Volatility Alternatives to EMGAX
EMGAX has 17.30% 1-year volatility. There are 73 mutual funds in the Emerging Markets Diversified category with lower 1-year volatility, going as low as 10.37%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| BlackRock Defensive Advantage Emerging Markets Fun... | 10.37% | — | Dec 2020 | EMGAX vs BADEX | |
| Virtus KAR Emerging Markets Small-Cap Fund | 11.03% | — | Dec 2013 | EMGAX vs VIESX | |
| GQG Partners Emerging Markets Equity Fund | 11.32% | — | Dec 2016 | EMGAX vs GQGPX | |
| Ashmore Emerging Markets Small Cap Equity Fund | 11.53% | — | Oct 2011 | EMGAX vs ESCIX | |
| Parametric Emerging Markets Fund | 11.57% | — | Jun 2006 | EMGAX vs EAEMX |
Lowest Drawdown Alternatives to EMGAX
EMGAX has a 1-year max drawdown of -13.59%. There are 108 mutual funds in the Emerging Markets Diversified category with shallower 1-year drawdowns, going as shallow as -5.70%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Ashmore Emerging Markets Small Cap Equity Fund | -5.70% | — | Oct 2011 | EMGAX vs ESCIX | |
| Wasatch Emerging Markets Small Cap Fund | -7.89% | — | Sep 2007 | EMGAX vs WAEMX | |
| BlackRock Defensive Advantage Emerging Markets Fun... | -8.89% | — | Dec 2020 | EMGAX vs BADEX | |
| The Cook & Bynum Fund | -8.95% | — | Jun 2009 | EMGAX vs COBYX | |
| GQG Partners Emerging Markets Equity Fund | -9.12% | — | Dec 2016 | EMGAX vs GQGPX |
Other Mutual Funds from Allspring Global Investments
The 10 most viewed Allspring Global Investments mutual funds shown here include EKWAX, EKBAX, WFMIX and span 9 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Allspring Precious Metals Fund | Precious Metals | 28 | 2.44% | — | Jan 1998 | EMGAX vs EKWAX | |
| Allspring Diversified Capital Builder Fund | Diversified Portfolio | 97 | 36.56% | — | Jan 1998 | EMGAX vs EKBAX | |
| Allspring Special Mid Cap Value Fund Class I | Mid Cap Value Equities | 27 | 10.96% | — | — | EMGAX vs WFMIX | |
| Allspring Short-Term Bond Plus Fund | Short-Term Bond | 82 | 0.61% | — | Aug 1999 | EMGAX vs SSHIX | |
| Allspring Premier Large Company Growth Fund | Large Cap Growth Equities | 14 | 7.22% | — | Jan 1998 | EMGAX vs EKJAX | |
| Allspring Ultra Short-Term Income Fund | Ultrashort Bond | 98 | 1.49% | — | Aug 1999 | EMGAX vs SADIX | |
| Allspring Special Small Cap Value Fund | Small Cap Value Equities | 14 | 9.42% | — | May 1993 | EMGAX vs ESPAX | |
| Allspring Disciplined U.S. Core Fund | Large Cap Blend Equities | 75 | 12.18% | — | Feb 1990 | EMGAX vs EVSAX | |
| Allspring Discovery Mid Cap Growth Fund | Mid Cap Growth Equities | 11 | 7.68% | — | Feb 2000 | EMGAX vs SENAX | |
| Allspring Opportunity Fund | Large Cap Growth Equities | 29 | 9.42% | — | Feb 2000 | EMGAX vs SOPVX |
Often Compared With EMGAX
Investors most often compare EMGAX with EEM, VWO, VISVX. These 15 comparison targets span 3 categories, based on PortfoliosLab usage data.
Compare EMGAX with Any Fund or Stock
Compare EMGAX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair EMGAX with funds that move differently
Allspring Emerging Markets Equity Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to EMGAX.
Explore EMGAX Diversifiers