HLFMX Alternatives & Similar Mutual Funds

Harding Loevner Frontier Emerging Markets Fund (HLFMX) 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 HLFMX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to HLFMX

HLFMX charges 1.60% annually. There are 198 mutual funds in the Emerging Markets Equities category with lower expense ratios, going as low as 0.01%.

Symbol	Name	Expense Ratio	AUM	Inception
FHKFX	Fidelity Series Emerging Markets Fund	0.01%	—	Aug 2018	HLFMX vs FHKFX
FEMSX	Fidelity Series Emerging Markets Opportunities Fun...	0.01%	—	Dec 2008	HLFMX vs FEMSX
VEMIX	Vanguard Emerging Markets Stock Index Fund Institu...	0.06%	—	Jun 2000	HLFMX vs VEMIX
FERGX	Fidelity SAI Emerging Markets Index Fund	0.08%	—	Jan 2016	HLFMX vs FERGX
FPADX	Fidelity Emerging Markets Index Fund	0.08%	—	Sep 2011	HLFMX vs FPADX

Best Risk-Adjusted Alternatives to HLFMX

HLFMX has a PortfoliosLab risk / return rank of 27. There are 189 mutual funds in the Emerging Markets Equities category with higher risk-adjusted ranks, going as high as 94.

Symbol	Name	Risk / Return Rank	AUM	Inception
LZEMX	Lazard Emerging Markets Equity Portfolio	94	—	Jul 1994	HLFMX vs LZEMX
RLEMX	Lazard Emerging Markets Equity Portfolio Class R6	94	—	—	HLFMX vs RLEMX
ESCIX	Ashmore Emerging Markets Small Cap Equity Fund	92	—	Oct 2011	HLFMX vs ESCIX
DEMIX	Delaware Emerging Markets Fund	91	—	Jun 1996	HLFMX vs DEMIX
DEMAX	Nomura Emerging Markets Fund Class A	91	—	Jun 1996	HLFMX vs DEMAX

Top Performing HLFMX Alternatives (YTD)

HLFMX is at 6.49% YTD. There are 197 mutual funds in the Emerging Markets Equities category with higher YTD returns, going as high as 68.59%.

Symbol	Name	YTD Return	AUM	Inception
DEMIX	Delaware Emerging Markets Fund	68.59%	—	Jun 1996	HLFMX vs DEMIX
DEMAX	Nomura Emerging Markets Fund Class A	68.34%	—	Jun 1996	HLFMX vs DEMAX
DEMCX	Nomura Emerging Markets Fund Class C	67.60%	—	Jun 1996	HLFMX vs DEMCX
FQEMX	Franklin Templeton SMACS: Series EM	50.59%	—	Nov 2021	HLFMX vs FQEMX
GMAQX	GMO Emerging Markets ex-China Fund	37.39%	—	Oct 2021	HLFMX vs GMAQX

Lowest Volatility Alternatives to HLFMX

HLFMX has 12.39% 1-year volatility. There are 8 mutual funds in the Emerging Markets Equities category with lower 1-year volatility, going as low as 9.88%.

Symbol	Name	Volatility 1Y	AUM	Inception
GSIYX	Goldman Sachs GQG Partners International Opportuni...	9.88%	—	Dec 2016	HLFMX vs GSIYX
ESCIX	Ashmore Emerging Markets Small Cap Equity Fund	10.28%	—	Oct 2011	HLFMX vs ESCIX
GQGPX	GQG Partners Emerging Markets Equity Fund	11.51%	—	Dec 2016	HLFMX vs GQGPX
GQGIX	GQG Partners Emerging Markets Equity Fund Institut...	11.53%	—	—	HLFMX vs GQGIX
FGKPX	Fidelity SAI Emerging Markets Low Volatility Index...	11.80%	—	Jan 2019	HLFMX vs FGKPX

Lowest Drawdown Alternatives to HLFMX

HLFMX has a 1-year max drawdown of -11.09%. There are 33 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
ESCIX	Ashmore Emerging Markets Small Cap Equity Fund	-5.70%	—	Oct 2011	HLFMX vs ESCIX
FGKPX	Fidelity SAI Emerging Markets Low Volatility Index...	-6.93%	—	Jan 2019	HLFMX vs FGKPX
GSIYX	Goldman Sachs GQG Partners International Opportuni...	-7.81%	—	Dec 2016	HLFMX vs GSIYX
BADEX	BlackRock Defensive Advantage Emerging Markets Fun...	-8.89%	—	Dec 2020	HLFMX vs BADEX
COBYX	The Cook & Bynum Fund	-8.95%	—	Jun 2009	HLFMX vs COBYX

Other Mutual Funds from Harding Loevner

The 4 most viewed Harding Loevner mutual funds shown here include HLMIX, HLMSX, HLMGX and span 4 categories.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
HLMIX	Harding Loevner International Equity Portfolio	Foreign Large Cap Equities	78	15.68%	—	May 1994	HLFMX vs HLMIX
HLMSX	Harding Loevner International Small Companies Port...	Foreign Small & Mid Cap Equities	13	8.43%	—	Mar 2007	HLFMX vs HLMSX
HLMGX	Harding Loevner Global Equity Portfolio	Global Equities	12	3.92%	—	Nov 1996	HLFMX vs HLMGX
HLMEX	Harding Loevner Institutional Emerging Markets Por...	Emerging Markets Equities	72	15.46%	—	Oct 2005	HLFMX vs HLMEX

Often Compared With HLFMX

Investors most often compare HLFMX with FSSGX, EMRSX, NOEMX. These 20 comparison targets span 1 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
FSSGX	Fidelity SAI Sustainable Emerging Markets Equity F...	Emerging Markets Equities	67	19.20%	—	Apr 2022	HLFMX vs FSSGX
EMRSX	JPMorgan Emerging Markets Research Enhanced Equity...	Emerging Markets Equities	62	16.90%	—	Dec 2018	HLFMX vs EMRSX
NOEMX	Northern Emerging Markets Equity Index Fund	Emerging Markets Equities	58	15.64%	—	Apr 2006	HLFMX vs NOEMX
AVEEX	Avantis Emerging Markets Equity Fund	Emerging Markets Equities	53	14.22%	—	Dec 2019	HLFMX vs AVEEX
DFCEX	DFA Emerging Markets Core Equity Fund	Emerging Markets Equities	49	12.45%	36.43B	Apr 2005	HLFMX vs DFCEX
MDOEX	Morgan Stanley Developing Opportunity Portfolio	Emerging Markets Equities	9	10.30%	—	Feb 2020	HLFMX vs MDOEX
CEMFX	Cullen Emerging Markets High Dividend Fund	Emerging Markets Equities	71	15.68%	—	Aug 2012	HLFMX vs CEMFX
MGEMX	Morgan Stanley Institutional Fund, Inc. Emerging M...	Emerging Markets Equities	1	20.58%	—	Sep 1992	HLFMX vs MGEMX
DESIX	DFA Emerging Markets Sustainability Core 1 Portfol...	Emerging Markets Equities	33	9.92%	1.21B	Mar 2018	HLFMX vs DESIX
USEMX	USAA Emerging Markets Fund	Emerging Markets Equities	70	20.37%	—	Nov 1994	HLFMX vs USEMX
DFESX	DFA Investment Dimensions Group Inc - Emerging Mar...	Emerging Markets Equities	49	14.39%	—	Aug 2006	HLFMX vs DFESX
SIEMX	SEI Institutional International Trust Emerging Mar...	Emerging Markets Equities	67	17.49%	—	Jan 1995	HLFMX vs SIEMX
RNWGX	American Funds New World Fund® Class R-6	Emerging Markets Equities	55	11.86%	—	Aug 2008	HLFMX vs RNWGX
WFEMX	WCM Focused Emerging Markets Fund	Emerging Markets Equities	36	15.78%	—	Jun 2013	HLFMX vs WFEMX
HERIX	Hartford Emerging Markets Equity Fund	Emerging Markets Equities	55	18.12%	—	May 2011	HLFMX vs HERIX
CEMVX	Causeway Emerging Markets Investor	Emerging Markets Equities	57	19.54%	—	Mar 2007	HLFMX vs CEMVX
AEMGX	Acadian Emerging Markets Portfolio	Emerging Markets Equities	55	18.01%	—	Jun 1993	HLFMX vs AEMGX
EAEMX	Parametric Emerging Markets Fund	Emerging Markets Equities	61	9.08%	—	Jun 2006	HLFMX vs EAEMX
THDIX	Thornburg Developing World Fund	Emerging Markets Equities	58	17.55%	—	Dec 2009	HLFMX vs THDIX
SFENX	Schwab Fundamental Emerging Markets Equity Index F...	Emerging Markets Equities	76	13.49%	—	Jan 2008	HLFMX vs SFENX

Compare HLFMX with Any Fund or Stock

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

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Diversifiers

Pair HLFMX with funds that move differently

Harding Loevner Frontier Emerging Markets Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to HLFMX.

Explore HLFMX Diversifiers

Harding Loevner Frontier Emerging Markets Fund (HLFMX) Alternatives