IGIEX Alternatives & Similar Mutual Funds

Ashmore Emerging Markets Investment Grade Income Fund (IGIEX) 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 IGIEX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to IGIEX

IGIEX charges 0.72% annually. There are 13 mutual funds in the Emerging Markets Bonds category with lower expense ratios, going as low as 0.09%.

Symbol	Name	Expense Ratio	AUM	Inception
PYELX	Payden Emerging Markets Local Bond Fund	0.09%	—	Nov 2011	IGIEX vs PYELX
IMCDX	Voya Emerging Markets Corporate Debt Fund	0.10%	—	Aug 2012	IGIEX vs IMCDX
VEGBX	Vanguard Emerging Markets Bond Fund Admiral Shares	0.35%	—	Dec 2017	IGIEX vs VEGBX
SEDAX	SEI Institutional Investments Trust Emerging Marke...	0.41%	—	Dec 2005	IGIEX vs SEDAX
VEMBX	Vanguard Emerging Markets Bond Fund Investor Share...	0.50%	5.90B	Mar 2016	IGIEX vs VEMBX

Best Risk-Adjusted Alternatives to IGIEX

IGIEX has a PortfoliosLab risk / return rank of 90. There are 10 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
AGEYX	American Beacon Developing World Income Fund Class...	99	—	Feb 2014	IGIEX vs AGEYX
AGEPX	American Beacon Frontier Markets Income Fund	99	—	Feb 2014	IGIEX vs AGEPX
EIDOX	Eaton Vance Emerging Markets Debt Opportunities Fu...	98	—	Sep 2015	IGIEX vs EIDOX
EELDX	Eaton Vance Emerging Markets Debt Opportunities Fu...	98	—	Feb 2013	IGIEX vs EELDX
GMOQX	GMO Emerging Country Debt Fund Class VI	98	—	Apr 1994	IGIEX vs GMOQX

Top Performing IGIEX Alternatives (YTD)

IGIEX is at 3.19% YTD. There are 23 mutual funds in the Emerging Markets Bonds category with higher YTD returns, going as high as 16.37%.

Symbol	Name	YTD Return	AUM	Inception
EDD	Morgan Stanley Emerging Markets Domestic Fund	16.37%	—	Apr 2007	IGIEX vs EDD
EDF	Virtus Stone Harbor Emerging Markets Income Fund	13.38%	—	Dec 2010	IGIEX vs EDF
FEMDX	Franklin Emerging Market Debt Opportunities Fund	9.20%	—	May 2006	IGIEX vs FEMDX
EELDX	Eaton Vance Emerging Markets Debt Opportunities Fu...	8.95%	—	Feb 2013	IGIEX vs EELDX
EIDOX	Eaton Vance Emerging Markets Debt Opportunities Fu...	8.91%	—	Sep 2015	IGIEX vs EIDOX

Lowest Volatility Alternatives to IGIEX

IGIEX has 4.85% 1-year volatility. There are 41 mutual funds in the Emerging Markets Bonds category with lower 1-year volatility, going as low as 1.24%.

Symbol	Name	Volatility 1Y	AUM	Inception
DBLLX	DoubleLine Low Duration Emerging Markets Fixed Inc...	1.24%	—	Apr 2014	IGIEX vs DBLLX
DLENX	DoubleLine Emerging Markets Fixed Income Fund Clas...	1.98%	—	Apr 2010	IGIEX vs DLENX
PYCEX	Payden Emerging Markets Corporate Bond Fund	2.06%	—	Nov 2013	IGIEX vs PYCEX
SHCDX	Virtus Stone Harbor Emerg Mkts Corp Dbt	2.06%	—	May 2011	IGIEX vs SHCDX
DBLEX	DoubleLine Emerging Markets Fixed Income Fund	2.17%	—	Apr 2010	IGIEX vs DBLEX

Lowest Drawdown Alternatives to IGIEX

IGIEX has a 1-year max drawdown of -3.60%. There are 16 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
DBLLX	DoubleLine Low Duration Emerging Markets Fixed Inc...	-0.92%	—	Apr 2014	IGIEX vs DBLLX
DBLEX	DoubleLine Emerging Markets Fixed Income Fund	-1.81%	—	Apr 2010	IGIEX vs DBLEX
DLENX	DoubleLine Emerging Markets Fixed Income Fund Clas...	-1.83%	—	Apr 2010	IGIEX vs DLENX
SHCDX	Virtus Stone Harbor Emerg Mkts Corp Dbt	-1.90%	—	May 2011	IGIEX vs SHCDX
PYCEX	Payden Emerging Markets Corporate Bond Fund	-2.37%	—	Nov 2013	IGIEX vs PYCEX

Other Mutual Funds from Ashmore

The 10 most viewed Ashmore mutual funds shown here include EFEIX, ESCIX, EMFIX and span 2 categories.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
EFEIX	Ashmore Emerging Markets Frontier Equity Fund	Emerging Markets Equities	25	5.66%	—	Nov 2013	IGIEX vs EFEIX
ESCIX	Ashmore Emerging Markets Small Cap Equity Fund	Emerging Markets Equities	96	8.91%	—	Oct 2011	IGIEX vs ESCIX
EMFIX	Ashmore Emerging Markets Equity Fund	Emerging Markets Equities	82	23.51%	—	Jun 2011	IGIEX vs EMFIX
ESIGX	Ashmore Emerging Markets Equity ESG Fund	Emerging Markets Equities	85	23.22%	—	Feb 2020	IGIEX vs ESIGX
EMKIX	Ashmore Emerging Markets Total Return Fund	Emerging Markets Bonds	59	2.18%	—	Dec 2010	IGIEX vs EMKIX
ESDIX	Ashmore Emerging Markets Short Duration Select Fun...	Emerging Markets Bonds	—	—	—	Jun 2020	IGIEX vs ESDIX
EMCIX	Ashmore Emerging Markets Corporate Income Fund	Emerging Markets Bonds	45	3.07%	—	Dec 2010	IGIEX vs EMCIX
ESFIX	Ashmore Emerging Markets Short Duration Fund	Emerging Markets Bonds	25	2.92%	—	Jun 2014	IGIEX vs ESFIX
EMQIX	Ashmore Emerging Markets Active Equity Fund	Emerging Markets Equities	—	—	—	Oct 2016	IGIEX vs EMQIX
ELBIX	Ashmore Emerging Markets Local Currency Bond Fund	Emerging Markets Bonds	—	—	—	Dec 2010	IGIEX vs ELBIX

Often Compared With IGIEX

Investors most often compare IGIEX with GMCDX, AMAPX, DEDIX. These 5 comparison targets span 2 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
GMCDX	GMO Emerging Country Debt Fund	Emerging Markets Bonds	98	8.83%	—	Apr 1994	IGIEX vs GMCDX
AMAPX	Amana Participation Fund	Emerging Markets Bonds	29	-0.12%	—	Sep 2015	IGIEX vs AMAPX
DEDIX	Delaware Emerging Markets Debt Corporate Fund	Emerging Markets Bonds	66	0.67%	—	Sep 2013	IGIEX vs DEDIX
FSIGX	Fidelity Series Investment Grade Bond Fund	Investment Grade Bonds	10	-0.58%	—	—	IGIEX vs FSIGX
APFOX	Artisan Emerging Markets Debt Opportunities Fund	Emerging Markets Bonds	98	7.18%	—	Apr 2022	IGIEX vs APFOX

Compare IGIEX with Any Fund or Stock

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

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Diversifiers

Pair IGIEX with funds that move differently

Ashmore Emerging Markets Investment Grade Income Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to IGIEX.

Explore IGIEX Diversifiers

Ashmore Emerging Markets Investment Grade Income Fund (IGIEX) Alternatives