GMO Emerging Markets Fund (GMOEX) 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 GMOEX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to GMOEX
GMOEX charges 0.90% annually. There are 58 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 | GMOEX vs FEMSX | |
| Fidelity Series Emerging Markets Fund | 0.01% | — | Aug 2018 | GMOEX vs FHKFX | |
| Vanguard Emerging Markets Stock Index Fund Institu... | 0.06% | — | Jun 2000 | GMOEX vs VEMIX | |
| Fidelity SAI Emerging Markets Index Fund | 0.08% | — | Jan 2016 | GMOEX vs FERGX | |
| Fidelity Emerging Markets Index Fund | 0.08% | — | Sep 2011 | GMOEX vs FPADX |
Best Risk-Adjusted Alternatives to GMOEX
GMOEX has a PortfoliosLab risk / return rank of 86. There are 17 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 | 96 | — | Jul 1994 | GMOEX vs LZEMX | |
| Lazard Emerging Markets Equity Portfolio Class R6 | 96 | — | — | GMOEX vs RLEMX | |
| Ashmore Emerging Markets Small Cap Equity Fund | 96 | — | Oct 2011 | GMOEX vs ESCIX | |
| Delaware Emerging Markets Fund | 94 | — | Jun 1996 | GMOEX vs DEMIX | |
| Nomura Emerging Markets Fund Class A | 94 | — | Jun 1996 | GMOEX vs DEMAX |
Top Performing GMOEX Alternatives (YTD)
GMOEX is at 32.98% YTD. There are 8 mutual funds in the Emerging Markets Equities category with higher YTD returns, going as high as 79.82%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Delaware Emerging Markets Fund | 79.82% | — | Jun 1996 | GMOEX vs DEMIX | |
| Nomura Emerging Markets Fund Class A | 79.56% | — | Jun 1996 | GMOEX vs DEMAX | |
| Nomura Emerging Markets Fund Class C | 78.77% | — | Jun 1996 | GMOEX vs DEMCX | |
| Franklin Templeton SMACS: Series EM | 57.68% | — | Nov 2021 | GMOEX vs FQEMX | |
| GMO Emerging Markets ex-China Fund | 41.38% | — | Oct 2021 | GMOEX vs GMAQX |
Lowest Volatility Alternatives to GMOEX
GMOEX has 23.46% 1-year volatility. There are 139 mutual funds in the Emerging Markets Equities category with lower 1-year volatility, going as low as 9.90%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Goldman Sachs GQG Partners International Opportuni... | 9.90% | — | Dec 2016 | GMOEX vs GSIYX | |
| Ashmore Emerging Markets Small Cap Equity Fund | 10.04% | — | Oct 2011 | GMOEX vs ESCIX | |
| GQG Partners Emerging Markets Equity Fund | 11.51% | — | Dec 2016 | GMOEX vs GQGPX | |
| GQG Partners Emerging Markets Equity Fund Institut... | 11.53% | — | — | GMOEX vs GQGIX | |
| The Cook & Bynum Fund | 11.73% | — | Jun 2009 | GMOEX vs COBYX |
Lowest Drawdown Alternatives to GMOEX
GMOEX has a 1-year max drawdown of -13.38%. There are 80 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 | GMOEX vs ESCIX | |
| Fidelity SAI Emerging Markets Low Volatility Index... | -6.93% | — | Jan 2019 | GMOEX vs FGKPX | |
| Goldman Sachs GQG Partners International Opportuni... | -7.81% | — | Dec 2016 | GMOEX vs GSIYX | |
| BlackRock Defensive Advantage Emerging Markets Fun... | -8.89% | — | Dec 2020 | GMOEX vs BADEX | |
| The Cook & Bynum Fund | -8.95% | — | Jun 2009 | GMOEX 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 | 63 | 8.75% | — | Feb 2004 | GMOEX vs GQETX | |
| GMO Global Equity Allocation Fund | Global Equities | 95 | 20.70% | — | Nov 1996 | GMOEX vs GMGEX | |
| GMO International Equity Fund | Foreign Large Cap Equities | 88 | 20.28% | — | Mar 1987 | GMOEX vs GMOIX | |
| GMO Emerging Country Debt Fund Class VI | Emerging Markets Bonds | 98 | 8.86% | — | Apr 1994 | GMOEX vs GMOQX | |
| GMO U.S. Treasury Fund | Government Bonds | 99 | 1.59% | — | Mar 2009 | GMOEX vs GUSTX | |
| GMO International Developed Equity Allocation Fund | Foreign Large Cap Equities | 92 | 21.04% | — | Jun 2006 | GMOEX vs GIOTX | |
| GMO Tax-Managed International Equities Fund | Foreign Large Cap Equities | 98 | 21.28% | — | Jul 1998 | GMOEX vs GTMIX | |
| GMO Benchmark-Free Fund | Global Allocation | 97 | 13.41% | — | Jun 2011 | GMOEX vs GBFFX | |
| GMO Multi-Sector Fixed Income Fund | Intermediate Core-Plus Bond | 76 | 0.96% | — | Apr 1997 | GMOEX vs GUGAX | |
| GMO Global Developed Equity Allocation Fund | Global Equities | 95 | 18.74% | — | Jun 2005 | GMOEX vs GWOAX |
Often Compared With GMOEX
Investors most often compare GMOEX with GABFX, EITEX, FCEEX. These 20 comparison targets span 8 categories, based on PortfoliosLab usage data.
Compare GMOEX with Any Fund or Stock
Compare GMOEX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair GMOEX with funds that move differently
GMO Emerging Markets Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to GMOEX.
Explore GMOEX Diversifiers