GMO Emerging Markets Fund (GMOEX) belongs to the Emerging Markets Diversified 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 42 mutual funds in the Emerging Markets Diversified category with lower expense ratios, going as low as 0.08%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Emerging Markets Index Fund | 0.08% | — | Sep 2011 | GMOEX vs FPADX | |
| Fidelity SAI Emerging Markets Index Fund | 0.08% | — | Jan 2016 | GMOEX vs FERGX | |
| State Street Emerging Markets Equity Index Fund | 0.17% | — | Dec 2015 | GMOEX vs SSKEX | |
| Franklin Emerging Market Core Equity (IU) Fund Adv... | 0.17% | — | Jul 2019 | GMOEX vs FCEEX | |
| TIAA-CREF Emerging Markets Equity Index Fund | 0.19% | — | Aug 2010 | GMOEX vs TEQLX |
Best Risk-Adjusted Alternatives to GMOEX
GMOEX has a PortfoliosLab risk / return rank of 86. There are 10 mutual funds in the Emerging Markets Diversified category with higher risk-adjusted ranks, going as high as 94.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Delaware Emerging Markets Fund | 94 | — | Jun 1996 | GMOEX vs DEMIX | |
| Lazard Emerging Markets Equity Portfolio | 93 | — | Jul 1994 | GMOEX vs LZEMX | |
| Franklin Templeton SMACS: Series EM | 92 | — | Nov 2021 | GMOEX vs FQEMX | |
| GMO Emerging Markets ex-China Fund | 91 | — | Oct 2021 | GMOEX vs GMAQX | |
| Dodge & Cox Emerging Markets Stock Fund | 90 | — | May 2021 | GMOEX vs DODEX |
Top Performing GMOEX Alternatives (YTD)
GMOEX is at 31.17% YTD. There are 6 mutual funds in the Emerging Markets Diversified category with higher YTD returns, going as high as 85.88%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Delaware Emerging Markets Fund | 85.88% | — | Jun 1996 | GMOEX vs DEMIX | |
| Franklin Templeton SMACS: Series EM | 58.63% | — | Nov 2021 | GMOEX vs FQEMX | |
| Martin Currie SMA-Shares Series EM Fund | 42.32% | — | Jan 2018 | GMOEX vs LCSMX | |
| GMO Emerging Markets ex-China Fund | 41.31% | — | Oct 2021 | GMOEX vs GMAQX | |
| Invesco EQV Emerging Markets All Cap Fd | 35.80% | — | Jan 1994 | GMOEX vs GTDDX |
Lowest Volatility Alternatives to GMOEX
GMOEX has 22.76% 1-year volatility. There are 121 mutual funds in the Emerging Markets Diversified category with lower 1-year volatility, going as low as 10.56%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Ashmore Emerging Markets Small Cap Equity Fund | 10.56% | — | Oct 2011 | GMOEX vs ESCIX | |
| GQG Partners Emerging Markets Equity Fund | 11.42% | — | Dec 2016 | GMOEX vs GQGPX | |
| Virtus KAR Emerging Markets Small-Cap Fund | 11.69% | — | Dec 2013 | GMOEX vs VIESX | |
| The Cook & Bynum Fund | 11.79% | — | Jun 2009 | GMOEX vs COBYX | |
| Ashmore Emerging Markets Frontier Equity Fund | 12.20% | — | Nov 2013 | GMOEX vs EFEIX |
Lowest Drawdown Alternatives to GMOEX
GMOEX has a 1-year max drawdown of -13.38%. There are 97 mutual funds in the Emerging Markets Diversified 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 | |
| Wasatch Emerging Markets Small Cap Fund | -7.89% | — | Sep 2007 | GMOEX vs WAEMX | |
| BlackRock Defensive Advantage Emerging Markets Fun... | -8.89% | — | Dec 2020 | GMOEX vs BADEX | |
| The Cook & Bynum Fund | -8.95% | — | Jun 2009 | GMOEX vs COBYX | |
| GQG Partners Emerging Markets Equity Fund | -9.12% | — | Dec 2016 | GMOEX vs GQGPX |
Other Mutual Funds from GMO
The 10 most viewed GMO mutual funds shown here include GQETX, GMOIX, GMGEX and span 8 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| GMO Quality Fund | Large Cap Blend Equities | 36 | 6.43% | — | Feb 2004 | GMOEX vs GQETX | |
| GMO International Equity Fund | Foreign Large Cap Equities | 83 | 17.45% | — | Mar 1987 | GMOEX vs GMOIX | |
| GMO Global Equity Allocation Fund | Global Equities | 90 | 17.61% | — | Nov 1996 | GMOEX vs GMGEX | |
| GMO Emerging Country Debt Fund Class VI | Emerging Markets Bonds | 98 | 8.99% | — | 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 | 87 | 17.22% | — | Jun 2006 | GMOEX vs GIOTX | |
| GMO Multi-Sector Fixed Income Fund | Intermediate Core-Plus Bond | 89 | 0.96% | — | Apr 1997 | GMOEX vs GUGAX | |
| GMO Benchmark-Free Fund | Global Allocation | 95 | 10.37% | — | Jun 2011 | GMOEX vs GBFFX | |
| GMO Tax-Managed International Equities Fund | Foreign Large Cap Equities | 93 | 14.91% | — | Jul 1998 | GMOEX vs GTMIX | |
| GMO Asset Allocation Bond Fund | Inflation-Protected Bonds | 3 | -5.99% | — | Mar 2009 | GMOEX vs GABFX |
Often Compared With GMOEX
Investors most often compare GMOEX with EITEX, GAAVX, GHVIX. These 17 comparison targets span 7 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