GMO Emerging Country Debt Fund (GMCDX) 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 GMCDX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to GMCDX
GMCDX charges 0.53% annually. There are 6 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 | GMCDX vs PYELX | |
| Voya Emerging Markets Corporate Debt Fund | 0.10% | — | Aug 2012 | GMCDX vs IMCDX | |
| Vanguard Emerging Markets Bond Fund Admiral Shares | 0.35% | — | Dec 2017 | GMCDX vs VEGBX | |
| SEI Institutional Investments Trust Emerging Marke... | 0.41% | — | Dec 2005 | GMCDX vs SEDAX | |
| Vanguard Emerging Markets Bond Fund Investor Share... | 0.50% | 5.90B | Mar 2016 | GMCDX vs VEMBX |
Best Risk-Adjusted Alternatives to GMCDX
GMCDX has a PortfoliosLab risk / return rank of 98. There are 7 mutual funds in the Emerging Markets Bonds category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| American Beacon Developing World Income Fund Class... | 99 | — | Feb 2014 | GMCDX vs AGEYX | |
| American Beacon Frontier Markets Income Fund | 99 | — | Feb 2014 | GMCDX vs AGEPX | |
| Eaton Vance Emerging Markets Debt Opportunities Fu... | 98 | — | Sep 2015 | GMCDX vs EIDOX | |
| Eaton Vance Emerging Markets Debt Opportunities Fu... | 98 | — | Feb 2013 | GMCDX vs EELDX | |
| Artisan Emerging Markets Debt Opportunities Fund | 98 | — | Apr 2022 | GMCDX vs APFOX |
Top Performing GMCDX Alternatives (YTD)
GMCDX is at 8.12% YTD. There are 6 mutual funds in the Emerging Markets Bonds category with higher YTD returns, going as high as 14.80%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Morgan Stanley Emerging Markets Domestic Fund | 14.80% | — | Apr 2007 | GMCDX vs EDD | |
| Virtus Stone Harbor Emerging Markets Income Fund | 13.38% | — | Dec 2010 | GMCDX vs EDF | |
| Franklin Emerging Market Debt Opportunities Fund | 8.72% | — | May 2006 | GMCDX vs FEMDX | |
| Eaton Vance Emerging Markets Debt Opportunities Fu... | 8.53% | — | Sep 2015 | GMCDX vs EIDOX | |
| Eaton Vance Emerging Markets Debt Opportunities Fu... | 8.44% | — | Feb 2013 | GMCDX vs EELDX |
Lowest Volatility Alternatives to GMCDX
GMCDX has 5.29% 1-year volatility. There are 47 mutual funds in the Emerging Markets Bonds category with lower 1-year volatility, going as low as 1.17%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| DoubleLine Low Duration Emerging Markets Fixed Inc... | 1.17% | — | Apr 2014 | GMCDX vs DBLLX | |
| DoubleLine Emerging Markets Fixed Income Fund Clas... | 1.98% | — | Apr 2010 | GMCDX vs DLENX | |
| Payden Emerging Markets Corporate Bond Fund | 2.05% | — | Nov 2013 | GMCDX vs PYCEX | |
| Virtus Stone Harbor Emerg Mkts Corp Dbt | 2.05% | — | May 2011 | GMCDX vs SHCDX | |
| DoubleLine Emerging Markets Fixed Income Fund | 2.12% | — | Apr 2010 | GMCDX vs DBLEX |
Lowest Drawdown Alternatives to GMCDX
GMCDX has a 1-year max drawdown of -3.85%. There are 23 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 | GMCDX vs DBLLX | |
| DoubleLine Emerging Markets Fixed Income Fund | -1.81% | — | Apr 2010 | GMCDX vs DBLEX | |
| DoubleLine Emerging Markets Fixed Income Fund Clas... | -1.83% | — | Apr 2010 | GMCDX vs DLENX | |
| Virtus Stone Harbor Emerg Mkts Corp Dbt | -1.90% | — | May 2011 | GMCDX vs SHCDX | |
| Payden Emerging Markets Corporate Bond Fund | -2.37% | — | Nov 2013 | GMCDX vs PYCEX |
Other Mutual Funds from GMO
The 10 most viewed GMO mutual funds shown here include GQETX, GMGEX, GMOIX and span 9 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| GMO Quality Fund | Quality Factor, Large Cap Blend Equities | 52 | 6.51% | — | Feb 2004 | GMCDX vs GQETX | |
| GMO Global Equity Allocation Fund | Global Equities | 93 | 19.52% | — | Nov 1996 | GMCDX vs GMGEX | |
| GMO International Equity Fund | Foreign Large Cap Equities | 88 | 20.31% | — | Mar 1987 | GMCDX vs GMOIX | |
| GMO Emerging Country Debt Fund Class VI | Emerging Markets Bonds | 98 | 8.19% | — | Apr 1994 | GMCDX vs GMOQX | |
| GMO U.S. Treasury Fund | Government Bonds | 99 | 1.59% | — | Mar 2009 | GMCDX vs GUSTX | |
| GMO International Developed Equity Allocation Fund | Foreign Large Cap Equities | 92 | 21.36% | — | Jun 2006 | GMCDX vs GIOTX | |
| GMO Tax-Managed International Equities Fund | Foreign Large Cap Equities | 97 | 22.05% | — | Jul 1998 | GMCDX vs GTMIX | |
| GMO Benchmark-Free Fund | Global Allocation | 97 | 13.32% | — | Jun 2011 | GMCDX vs GBFFX | |
| GMO Multi-Sector Fixed Income Fund | Intermediate Core-Plus Bond | 90 | 0.96% | — | Apr 1997 | GMCDX vs GUGAX | |
| GMO Alternative Allocation Fund | Multistrategy | 89 | 4.73% | — | May 2019 | GMCDX vs GAAVX |
Often Compared With GMCDX
Investors most often compare GMCDX with PEBIX, PREMX, DBELX. These 20 comparison targets span 8 categories, based on PortfoliosLab usage data.
Compare GMCDX with Any Fund or Stock
Compare GMCDX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair GMCDX with funds that move differently
GMO Emerging Country Debt Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to GMCDX.
Explore GMCDX Diversifiers