GMO Emerging Markets ex-China Fund (GMAQX) belongs to the Emerging Markets Equities category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with GMAQX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to GMAQX
GMAQX charges 0.67% annually. There are 35 mutual funds in the Emerging Markets Equities category with lower expense ratios, going as low as 0.01%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Series Emerging Markets Opportunities Fun... | 0.01% | — | Dec 2008 | GMAQX vs FEMSX | |
| Fidelity Series Emerging Markets Fund | 0.01% | — | Aug 2018 | GMAQX vs FHKFX | |
| Vanguard Emerging Markets Stock Index Fund Institu... | 0.06% | — | Jun 2000 | GMAQX vs VEMIX | |
| Fidelity SAI Emerging Markets Index Fund | 0.08% | — | Jan 2016 | GMAQX vs FERGX | |
| Fidelity Emerging Markets Index Fund | 0.08% | — | Sep 2011 | GMAQX vs FPADX |
Best Risk-Adjusted Alternatives to GMAQX
GMAQX has a PortfoliosLab risk / return rank of 90. There are 6 mutual funds in the Emerging Markets Equities category with higher risk-adjusted ranks, going as high as 96.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Lazard Emerging Markets Equity Portfolio Class R6 | 96 | — | — | GMAQX vs RLEMX | |
| Lazard Emerging Markets Equity Portfolio | 95 | — | Jul 1994 | GMAQX vs LZEMX | |
| Delaware Emerging Markets Fund | 92 | — | Jun 1996 | GMAQX vs DEMIX | |
| Nomura Emerging Markets Fund Class A | 92 | — | Jun 1996 | GMAQX vs DEMAX | |
| Nomura Emerging Markets Fund Class C | 92 | — | Jun 1996 | GMAQX vs DEMCX |
Top Performing GMAQX Alternatives (YTD)
GMAQX is at 40.55% YTD. There are 4 mutual funds in the Emerging Markets Equities category with higher YTD returns, going as high as 77.44%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Delaware Emerging Markets Fund | 77.44% | — | Jun 1996 | GMAQX vs DEMIX | |
| Nomura Emerging Markets Fund Class A | 77.19% | — | Jun 1996 | GMAQX vs DEMAX | |
| Nomura Emerging Markets Fund Class C | 76.42% | — | Jun 1996 | GMAQX vs DEMCX | |
| Franklin Templeton SMACS: Series EM | 55.40% | — | Nov 2021 | GMAQX vs FQEMX | |
| Martin Currie SMA-Shares Series EM Fund | 37.97% | — | Jan 2018 | GMAQX vs LCSMX |
Lowest Volatility Alternatives to GMAQX
GMAQX has 25.51% 1-year volatility. There are 181 mutual funds in the Emerging Markets Equities category with lower 1-year volatility, going as low as 9.86%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Goldman Sachs GQG Partners International Opportuni... | 9.86% | — | Dec 2016 | GMAQX vs GSIYX | |
| Ashmore Emerging Markets Small Cap Equity Fund | 10.28% | — | Oct 2011 | GMAQX vs ESCIX | |
| GQG Partners Emerging Markets Equity Fund | 11.51% | — | Dec 2016 | GMAQX vs GQGPX | |
| GQG Partners Emerging Markets Equity Fund Institut... | 11.53% | — | — | GMAQX vs GQGIX | |
| Fidelity SAI Emerging Markets Low Volatility Index... | 11.80% | — | Jan 2019 | GMAQX vs FGKPX |
Lowest Drawdown Alternatives to GMAQX
GMAQX has a 1-year max drawdown of -16.27%. There are 176 mutual funds in the Emerging Markets Equities 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 | GMAQX vs ESCIX | |
| Fidelity SAI Emerging Markets Low Volatility Index... | -6.93% | — | Jan 2019 | GMAQX vs FGKPX | |
| Goldman Sachs GQG Partners International Opportuni... | -7.81% | — | Dec 2016 | GMAQX vs GSIYX | |
| BlackRock Defensive Advantage Emerging Markets Fun... | -8.89% | — | Dec 2020 | GMAQX vs BADEX | |
| The Cook & Bynum Fund | -8.95% | — | Jun 2009 | GMAQX vs COBYX |
Other Mutual Funds from GMO
The 10 most viewed GMO mutual funds shown here include GQETX, GMGEX, GMOIX and span 8 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| GMO Quality Fund | Quality Factor, Large Cap Blend Equities | 53 | 7.37% | — | Feb 2004 | GMAQX vs GQETX | |
| GMO Global Equity Allocation Fund | Global Equities | 94 | 19.72% | — | Nov 1996 | GMAQX vs GMGEX | |
| GMO International Equity Fund | Foreign Large Cap Equities | 87 | 19.87% | — | Mar 1987 | GMAQX vs GMOIX | |
| GMO Emerging Country Debt Fund Class VI | Emerging Markets Bonds | 98 | 8.28% | — | Apr 1994 | GMAQX vs GMOQX | |
| GMO U.S. Treasury Fund | Government Bonds | 99 | 1.59% | — | Mar 2009 | GMAQX vs GUSTX | |
| GMO International Developed Equity Allocation Fund | Foreign Large Cap Equities | 92 | 20.64% | — | Jun 2006 | GMAQX vs GIOTX | |
| GMO Tax-Managed International Equities Fund | Foreign Large Cap Equities | 97 | 21.02% | — | Jul 1998 | GMAQX vs GTMIX | |
| GMO Benchmark-Free Fund | Global Allocation | 97 | 13.32% | — | Jun 2011 | GMAQX vs GBFFX | |
| GMO Multi-Sector Fixed Income Fund | Intermediate Core-Plus Bond | 89 | 0.96% | — | Apr 1997 | GMAQX vs GUGAX | |
| GMO Global Developed Equity Allocation Fund | Global Equities | 94 | 17.69% | — | Jun 2005 | GMAQX vs GWOAX |
Often Compared With GMAQX
Investors most often compare GMAQX with CEMFX, DWGAX, DFESX. These 20 comparison targets span 3 categories, based on PortfoliosLab usage data.
Compare GMAQX with Any Fund or Stock
Compare GMAQX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair GMAQX with funds that move differently
GMO Emerging Markets ex-China Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to GMAQX.
Explore GMAQX Diversifiers