GIMDX Alternatives & Similar Mutual Funds

Goldman Sachs Local Emerging Markets Debt Fund (GIMDX) 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 GIMDX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to GIMDX

GIMDX charges 0.92% annually. There are 43 mutual funds in the Emerging Markets Bonds category with lower expense ratios, going as low as 0.09%.

Symbol	Name	Expense Ratio	AUM	Inception
PYELX	Payden Emerging Markets Local Bond Fund	0.09%	—	Nov 2011	GIMDX vs PYELX
IMCDX	Voya Emerging Markets Corporate Debt Fund	0.10%	—	Aug 2012	GIMDX vs IMCDX
VEGBX	Vanguard Emerging Markets Bond Fund Admiral Shares	0.40%	—	Dec 2017	GIMDX vs VEGBX
SEDAX	SEI Institutional Investments Trust Emerging Marke...	0.41%	—	Dec 2005	GIMDX vs SEDAX
GMOQX	GMO Emerging Country Debt Fund Class VI	0.51%	—	Apr 1994	GIMDX vs GMOQX

Best Risk-Adjusted Alternatives to GIMDX

GIMDX has a PortfoliosLab risk / return rank of 83. There are 36 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
AGEPX	American Beacon Frontier Markets Income Fund	98	—	Feb 2014	GIMDX vs AGEPX
AGEYX	American Beacon Developing World Income Fund Class...	98	—	Feb 2014	GIMDX vs AGEYX
GMOQX	GMO Emerging Country Debt Fund Class VI	98	—	Apr 1994	GIMDX vs GMOQX
GMCDX	GMO Emerging Country Debt Fund	98	—	Apr 1994	GIMDX vs GMCDX
DBLLX	DoubleLine Low Duration Emerging Markets Fixed Inc...	98	—	Apr 2014	GIMDX vs DBLLX

Top Performing GIMDX Alternatives (YTD)

GIMDX is at 1.82% YTD. There are 54 mutual funds in the Emerging Markets Bonds category with higher YTD returns, going as high as 14.37%.

Symbol	Name	YTD Return	AUM	Inception
EDF	Virtus Stone Harbor Emerging Markets Income Fund	14.37%	—	Dec 2010	GIMDX vs EDF
GMOQX	GMO Emerging Country Debt Fund Class VI	8.73%	—	Apr 1994	GIMDX vs GMOQX
GMCDX	GMO Emerging Country Debt Fund	8.70%	—	Apr 1994	GIMDX vs GMCDX
FEMDX	Franklin Emerging Market Debt Opportunities Fund	7.92%	—	May 2006	GIMDX vs FEMDX
AGEPX	American Beacon Frontier Markets Income Fund	6.76%	—	Feb 2014	GIMDX vs AGEPX

Lowest Volatility Alternatives to GIMDX

GIMDX has 3.28% 1-year volatility. There are 10 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
DBLLX	DoubleLine Low Duration Emerging Markets Fixed Inc...	1.15%	—	Apr 2014	GIMDX vs DBLLX
DLENX	DoubleLine Emerging Markets Fixed Income Fund Clas...	1.92%	—	Apr 2010	GIMDX vs DLENX
PYCEX	Payden Emerging Markets Corporate Bond Fund	2.03%	—	Nov 2013	GIMDX vs PYCEX
SHCDX	Virtus Stone Harbor Emerg Mkts Corp Dbt	2.04%	—	May 2011	GIMDX vs SHCDX
DBLEX	DoubleLine Emerging Markets Fixed Income Fund	2.06%	—	Apr 2010	GIMDX vs DBLEX

Lowest Drawdown Alternatives to GIMDX

GIMDX has a 1-year max drawdown of -2.93%. There are 7 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
DBLLX	DoubleLine Low Duration Emerging Markets Fixed Inc...	-0.92%	—	Apr 2014	GIMDX vs DBLLX
DBLEX	DoubleLine Emerging Markets Fixed Income Fund	-1.81%	—	Apr 2010	GIMDX vs DBLEX
DLENX	DoubleLine Emerging Markets Fixed Income Fund Clas...	-1.83%	—	Apr 2010	GIMDX vs DLENX
SHCDX	Virtus Stone Harbor Emerg Mkts Corp Dbt	-1.90%	—	May 2011	GIMDX vs SHCDX
PYCEX	Payden Emerging Markets Corporate Bond Fund	-2.37%	—	Nov 2013	GIMDX vs PYCEX

Other Mutual Funds from Goldman Sachs

The 10 most viewed Goldman Sachs mutual funds shown here include GSIMX, GSINX, GCIIX and span 8 categories.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
GSIMX	Goldman Sachs GQG Partners International Opportuni...	Foreign Large Cap Equities	19	6.45%	—	Dec 2016	GIMDX vs GSIMX
GSINX	Goldman Sachs GQG Partners International Opportuni...	Foreign Large Cap Equities	19	6.39%	—	Dec 2016	GIMDX vs GSINX
GCIIX	Goldman Sachs International Equity Insights Fund	Foreign Large Cap Equities	43	12.60%	—	Aug 1997	GIMDX vs GCIIX
GSBFX	Goldman Sachs Income Builder Fund	Diversified Portfolio	73	5.23%	—	Oct 1994	GIMDX vs GSBFX
GICIX	Goldman Sachs International Small Cap Insights Fun...	Foreign Small & Mid Cap Equities	50	14.40%	—	Sep 2007	GIMDX vs GICIX
GCGIX	Goldman Sachs Large Cap Growth Insights Fund	Large Cap Growth Equities	24	6.18%	—	May 1997	GIMDX vs GCGIX
GSPKX	Goldman Sachs U.S. Equity Dividend and Premium Fun...	Large Cap Blend Equities	78	10.45%	—	Aug 2005	GIMDX vs GSPKX
GSIFX	Goldman Sachs International Equity ESG Fund Class ...	Foreign Large Cap Equities, ESG	12	6.83%	—	Dec 1992	GIMDX vs GSIFX
GSRAX	Goldman Sachs Rising Dividend Growth Fund	Large Cap Blend Equities, Dividend	42	11.61%	—	Mar 2004	GIMDX vs GSRAX
GGSIX	Goldman Sachs Growth Strategy Portfolio	Global Allocation	66	10.48%	—	Jan 1998	GIMDX vs GGSIX

Often Compared With GIMDX

Investors most often compare GIMDX with EIDOX, GSSRX, EELDX. These 3 comparison targets span 2 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
EIDOX	Eaton Vance Emerging Markets Debt Opportunities Fu...	Emerging Markets Bonds	97	6.75%	—	Sep 2015	GIMDX vs EIDOX
GSSRX	Goldman Sachs Short Duration Bond Fund	Short-Term Bond	69	0.83%	—	Feb 2012	GIMDX vs GSSRX
EELDX	Eaton Vance Emerging Markets Debt Opportunities Fu...	Emerging Markets Bonds	97	6.66%	—	Feb 2013	GIMDX vs EELDX

Compare GIMDX with Any Fund or Stock

Compare GIMDX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

Symbol name

Diversifiers

Pair GIMDX with funds that move differently

Goldman Sachs Local Emerging Markets Debt Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to GIMDX.

Explore GIMDX Diversifiers

Goldman Sachs Local Emerging Markets Debt Fund (GIMDX) Alternatives