MFS Emerging Markets Debt Local Currency Fund (EMLIX) Alternatives
MFS Emerging Markets Debt Local Currency Fund (EMLIX) 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 EMLIX. 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 EMLIX
EMLIX charges 0.85% annually. Among mutual funds in the Emerging Markets Bonds category, these options have the lowest expense ratios among EMLIX alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| Payden Emerging Markets Local Bond Fund | 0.09% | Nov 1, 2011 | EMLIX vs PYELX | |
| Voya Emerging Markets Corporate Debt Fund | 0.10% | Aug 8, 2012 | EMLIX vs IMCDX | |
| Vanguard Emerging Markets Bond Fund Admiral Shares | 0.40% | Dec 6, 2017 | EMLIX vs VEGBX | |
| SEI Institutional Investments Trust Emerging Marke... | 0.41% | Dec 4, 2005 | EMLIX vs SEDAX | |
| GMO Emerging Country Debt Fund Class VI | 0.51% | Apr 19, 1994 | EMLIX vs GMOQX |
Best Risk-Adjusted Alternatives to EMLIX
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 | |
|---|---|---|---|---|
| American Beacon Developing World Income Fund Class... | 98 | Feb 25, 2014 | EMLIX vs AGEYX | |
| DoubleLine Low Duration Emerging Markets Fixed Inc... | 98 | Apr 6, 2014 | EMLIX vs DBLLX | |
| American Beacon Frontier Markets Income Fund | 98 | Feb 24, 2014 | EMLIX vs AGEPX | |
| Eaton Vance Emerging Markets Debt Opportunities Fu... | 98 | Sep 3, 2015 | EMLIX vs EIDOX | |
| Eaton Vance Emerging Markets Debt Opportunities Fu... | 98 | Feb 3, 2013 | EMLIX vs EELDX |
Top Performing EMLIX Alternatives (YTD)
EMLIX alternatives from the Emerging Markets Bonds category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| GMO Emerging Country Debt Fund | 2.00% | Apr 18, 1994 | EMLIX vs GMCDX | |
| GMO Emerging Country Debt Fund Class VI | 2.00% | Apr 19, 1994 | EMLIX vs GMOQX | |
| American Beacon Developing World Income Fund Class... | 1.59% | Feb 25, 2014 | EMLIX vs AGEYX | |
| American Beacon Frontier Markets Income Fund | 1.56% | Feb 24, 2014 | EMLIX vs AGEPX | |
| Eaton Vance Emerging Markets Debt Opportunities Fu... | 1.43% | Sep 3, 2015 | EMLIX vs EIDOX |
Lowest Volatility Alternatives to EMLIX
EMLIX alternatives from the Emerging Markets Bonds category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| DoubleLine Low Duration Emerging Markets Fixed Inc... | 1.43% | Apr 6, 2014 | EMLIX vs DBLLX | |
| Amana Participation Fund | 2.08% | Sep 27, 2015 | EMLIX vs AMAPX | |
| DoubleLine Emerging Markets Fixed Income Fund Clas... | 2.59% | Apr 6, 2010 | EMLIX vs DLENX | |
| Payden Emerging Markets Corporate Bond Fund | 2.59% | Nov 10, 2013 | EMLIX vs PYCEX | |
| DoubleLine Emerging Markets Fixed Income Fund | 2.61% | Apr 5, 2010 | EMLIX vs DBLEX |
Lowest Drawdown Alternatives to EMLIX
EMLIX alternatives from the Emerging Markets Bonds category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| DoubleLine Low Duration Emerging Markets Fixed Inc... | -1.35% | Apr 6, 2014 | EMLIX vs DBLLX | |
| Amana Participation Fund | -2.51% | Sep 27, 2015 | EMLIX vs AMAPX | |
| DoubleLine Emerging Markets Fixed Income Fund | -2.77% | Apr 5, 2010 | EMLIX vs DBLEX | |
| DoubleLine Emerging Markets Fixed Income Fund Clas... | -2.77% | Apr 6, 2010 | EMLIX vs DLENX | |
| Payden Emerging Markets Corporate Bond Fund | -2.96% | Nov 10, 2013 | EMLIX vs PYCEX |
Other Mutual Funds from MFS
Most popular MFS mutual funds on PortfoliosLab, across asset classes.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| MFS International Equity Fund Class R6 | Foreign Large Cap Equities | 17 | -6.55% | Jan 31, 1996 | EMLIX vs MIEIX | |
| MFS Value Fund | Large Cap Value Equities | 29 | -0.52% | May 1, 2006 | EMLIX vs MEIKX | |
| MFS International Diversification Fund | Foreign Large Cap Equities | 62 | -2.70% | Sep 30, 2004 | EMLIX vs MDIJX | |
| MFS Massachusetts Investors Growth Stock Fund | Large Cap Growth Equities | 8 | -11.94% | Jan 1, 1935 | EMLIX vs MIGFX | |
| MFS Value Fund Class I | Large Cap Value Equities | 28 | -0.56% | Feb 1, 1996 | EMLIX vs MEIIX | |
| MFS Growth R6 | Large Cap Growth Equities | 12 | -13.60% | Jun 1, 2012 | EMLIX vs MFEKX | |
| MFS International Intrinsic Value Fund Class I | Large Cap Growth Equities, Foreign Large Cap Equities | 59 | -3.26% | — | EMLIX vs MINIX | |
| MFS Growth I | Large Cap Growth Equities | 12 | -13.62% | Jul 10, 1997 | EMLIX vs MFEIX | |
| MFS Massachusetts Investors Trust | Large Cap Blend Equities | 25 | -6.58% | Jul 15, 1924 | EMLIX vs MITTX | |
| MFS Value Fund | Large Cap Value Equities | 27 | -0.62% | Jan 2, 1996 | EMLIX vs MEIAX |
Often Compared With EMLIX
What investors most often compare with EMLIX, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| VanEck Vectors J.P. Morgan EM Local Currency Bond ... | Emerging Markets Bonds | 83 | -1.86% | Jul 22, 2010 | EMLIX vs EMLC | |
| Virtus Stone Harbor Emerging Markets Income Fund | Emerging Markets Bonds | 21 | -0.34% | Dec 23, 2010 | EMLIX vs EDF |
Compare EMLIX with Any Fund or Stock
Compare EMLIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.