Franklin Emerging Market Debt Opportunities Fund (FEMDX) 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 FEMDX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FEMDX
FEMDX charges 1.00% annually. There are 51 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 | FEMDX vs PYELX | |
| Voya Emerging Markets Corporate Debt Fund | 0.10% | — | Aug 2012 | FEMDX vs IMCDX | |
| Vanguard Emerging Markets Bond Fund Admiral Shares | 0.40% | — | Dec 2017 | FEMDX vs VEGBX | |
| SEI Institutional Investments Trust Emerging Marke... | 0.41% | — | Dec 2005 | FEMDX vs SEDAX | |
| GMO Emerging Country Debt Fund Class VI | 0.51% | — | Apr 1994 | FEMDX vs GMOQX |
Best Risk-Adjusted Alternatives to FEMDX
FEMDX has a PortfoliosLab risk / return rank of 98. There are 4 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 Developing World Income Fund Class... | 98 | — | Feb 2014 | FEMDX vs AGEYX | |
| GMO Emerging Country Debt Fund Class VI | 98 | — | Apr 1994 | FEMDX vs GMOQX | |
| American Beacon Frontier Markets Income Fund | 98 | — | Feb 2014 | FEMDX vs AGEPX | |
| GMO Emerging Country Debt Fund | 98 | — | Apr 1994 | FEMDX vs GMCDX | |
| Eaton Vance Emerging Markets Debt Opportunities Fu... | 98 | — | Sep 2015 | FEMDX vs EIDOX |
Top Performing FEMDX Alternatives (YTD)
FEMDX is at 8.24% YTD. There are 3 mutual funds in the Emerging Markets Bonds category with higher YTD returns, going as high as 19.48%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Virtus Stone Harbor Emerging Markets Income Fund | 19.48% | — | Dec 2010 | FEMDX vs EDF | |
| GMO Emerging Country Debt Fund Class VI | 9.35% | — | Apr 1994 | FEMDX vs GMOQX | |
| GMO Emerging Country Debt Fund | 9.32% | — | Apr 1994 | FEMDX vs GMCDX | |
| Morgan Stanley Emerging Markets Domestic Fund | 7.76% | — | Apr 2007 | FEMDX vs EDD | |
| Eaton Vance Emerging Markets Debt Opportunities Fu... | 7.74% | — | Sep 2015 | FEMDX vs EIDOX |
Lowest Volatility Alternatives to FEMDX
FEMDX has 4.38% 1-year volatility. There are 22 mutual funds in the Emerging Markets Bonds category with lower 1-year volatility, going as low as 1.16%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| DoubleLine Low Duration Emerging Markets Fixed Inc... | 1.16% | — | Apr 2014 | FEMDX vs DBLLX | |
| DoubleLine Emerging Markets Fixed Income Fund Clas... | 1.93% | — | Apr 2010 | FEMDX vs DLENX | |
| Payden Emerging Markets Corporate Bond Fund | 2.04% | — | Nov 2013 | FEMDX vs PYCEX | |
| Virtus Stone Harbor Emerg Mkts Corp Dbt | 2.05% | — | May 2011 | FEMDX vs SHCDX | |
| DoubleLine Emerging Markets Fixed Income Fund | 2.09% | — | Apr 2010 | FEMDX vs DBLEX |
Lowest Drawdown Alternatives to FEMDX
FEMDX has a 1-year max drawdown of -3.54%. There are 14 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 | FEMDX vs DBLLX | |
| DoubleLine Emerging Markets Fixed Income Fund | -1.81% | — | Apr 2010 | FEMDX vs DBLEX | |
| DoubleLine Emerging Markets Fixed Income Fund Clas... | -1.83% | — | Apr 2010 | FEMDX vs DLENX | |
| Virtus Stone Harbor Emerg Mkts Corp Dbt | -1.90% | — | May 2011 | FEMDX vs SHCDX | |
| Payden Emerging Markets Corporate Bond Fund | -2.37% | — | Nov 2013 | FEMDX vs PYCEX |
Other Mutual Funds from Franklin Templeton
The 10 most viewed Franklin Templeton mutual funds shown here include FKDNX, FKRCX, FKINX and span 8 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Franklin DynaTech Fund | Large Cap Growth Equities, Technology Equities | 19 | 10.18% | — | Jan 1968 | FEMDX vs FKDNX | |
| Franklin Gold and Precious Metals Fund | Gold, Precious Metals | 34 | -1.84% | — | May 1969 | FEMDX vs FKRCX | |
| Franklin Income Fund Class A1 | Diversified Portfolio | 82 | 4.34% | — | — | FEMDX vs FKINX | |
| Franklin Growth Fund | Large Cap Growth Equities | 24 | 4.76% | — | Apr 1948 | FEMDX vs FKGRX | |
| ClearBridge Energy Midstream Opportunity Fund | MLPs, Energy Equities | 23 | 16.33% | — | Jun 2011 | FEMDX vs EMO | |
| Franklin Rising Dividends Fund | Large Cap Blend Equities | 32 | 5.20% | — | Jan 1987 | FEMDX vs FRDPX | |
| ClearBridge Large Cap Growth Fund | Large Cap Growth Equities | 7 | 1.54% | — | Aug 1997 | FEMDX vs SBLGX | |
| ClearBridge Aggressive Growth Fund | Large Cap Blend Equities | 7 | 1.90% | — | Oct 1983 | FEMDX vs SHRAX | |
| Franklin Income Fund Advisor Class | Diversified Portfolio | 87 | 4.46% | — | Aug 1997 | FEMDX vs FRIAX | |
| ClearBridge Appreciation Fund | Large Cap Blend Equities | 31 | 4.32% | — | Mar 1970 | FEMDX vs SHAPX |
Often Compared With FEMDX
Investors most often compare FEMDX with EELDX, VTABX, DEDIX. These 20 comparison targets span 2 categories, based on PortfoliosLab usage data.
Compare FEMDX with Any Fund or Stock
Compare FEMDX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FEMDX with funds that move differently
Franklin Emerging Market Debt Opportunities Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FEMDX.
Explore FEMDX Diversifiers