IPOAX Alternatives & Similar Mutual Funds

Delaware Ivy Systematic Emerging Markets Equity Fund (IPOAX) 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 IPOAX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to IPOAX

IPOAX charges 1.15% annually. There are 122 mutual funds in the Emerging Markets Equities category with lower expense ratios, going as low as 0.01%.

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

Best Risk-Adjusted Alternatives to IPOAX

IPOAX has a PortfoliosLab risk / return rank of 54. There are 138 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	IPOAX vs LZEMX
RLEMX	Lazard Emerging Markets Equity Portfolio Class R6	94	—	—	IPOAX vs RLEMX
ESCIX	Ashmore Emerging Markets Small Cap Equity Fund	92	—	Oct 2011	IPOAX vs ESCIX
DEMIX	Delaware Emerging Markets Fund	91	—	Jun 1996	IPOAX vs DEMIX
DEMAX	Nomura Emerging Markets Fund Class A	91	—	Jun 1996	IPOAX vs DEMAX

Top Performing IPOAX Alternatives (YTD)

IPOAX is at 18.05% YTD. There are 76 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	IPOAX vs DEMIX
DEMAX	Nomura Emerging Markets Fund Class A	68.34%	—	Jun 1996	IPOAX vs DEMAX
DEMCX	Nomura Emerging Markets Fund Class C	67.60%	—	Jun 1996	IPOAX vs DEMCX
FQEMX	Franklin Templeton SMACS: Series EM	50.59%	—	Nov 2021	IPOAX vs FQEMX
GMAQX	GMO Emerging Markets ex-China Fund	37.39%	—	Oct 2021	IPOAX vs GMAQX

Lowest Volatility Alternatives to IPOAX

IPOAX has 22.72% 1-year volatility. There are 123 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	IPOAX vs GSIYX
ESCIX	Ashmore Emerging Markets Small Cap Equity Fund	10.28%	—	Oct 2011	IPOAX vs ESCIX
GQGPX	GQG Partners Emerging Markets Equity Fund	11.51%	—	Dec 2016	IPOAX vs GQGPX
GQGIX	GQG Partners Emerging Markets Equity Fund Institut...	11.53%	—	—	IPOAX vs GQGIX
FGKPX	Fidelity SAI Emerging Markets Low Volatility Index...	11.80%	—	Jan 2019	IPOAX vs FGKPX

Lowest Drawdown Alternatives to IPOAX

IPOAX has a 1-year max drawdown of -13.39%. There are 82 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	IPOAX vs ESCIX
FGKPX	Fidelity SAI Emerging Markets Low Volatility Index...	-6.93%	—	Jan 2019	IPOAX vs FGKPX
GSIYX	Goldman Sachs GQG Partners International Opportuni...	-7.81%	—	Dec 2016	IPOAX vs GSIYX
BADEX	BlackRock Defensive Advantage Emerging Markets Fun...	-8.89%	—	Dec 2020	IPOAX vs BADEX
COBYX	The Cook & Bynum Fund	-8.95%	—	Jun 2009	IPOAX vs COBYX

Other Mutual Funds from Delaware Funds

The 10 most viewed Delaware Funds mutual funds shown here include FGINX, WMGAX, WLGAX and span 8 categories.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
FGINX	Delaware Growth and Income Fund	Large Cap Value Equities	98	22.97%	—	Oct 1993	IPOAX vs FGINX
WMGAX	Delaware Ivy Mid Cap Growth Fund	Mid Cap Growth Equities	2	-0.26%	—	Jun 2000	IPOAX vs WMGAX
WLGAX	Delaware Ivy Large Cap Growth Fund	Large Cap Growth Equities	6	-0.41%	—	Jun 2000	IPOAX vs WLGAX
DEVLX	Delaware Small Cap Value Fund	Small Cap Value Equities	78	20.06%	—	Jun 1987	IPOAX vs DEVLX
DCCIX	Delaware Small Cap Core Fund	Small Cap Blend Equities	68	17.73%	—	Dec 1998	IPOAX vs DCCIX
OILGX	Optimum Large Cap Growth Fund	Large Cap Growth Equities	15	1.65%	—	Aug 2003	IPOAX vs OILGX
DDFLX	Delaware Floating Rate Fund	Bank Loan	96	2.18%	—	Feb 2010	IPOAX vs DDFLX
DMTFX	Delaware Tax Free USA Fund	Municipal Bonds	75	0.93%	—	Jan 1984	IPOAX vs DMTFX
CXHYX	Delaware National High-Yield Municipal Bond Fund	High Yield Muni	72	0.95%	—	Sep 1986	IPOAX vs CXHYX
DDVIX	Delaware Value Fund	Large Cap Value Equities	41	8.81%	—	Sep 1998	IPOAX vs DDVIX

Often Compared With IPOAX

Investors most often compare IPOAX with DVMHX, DEEIX, DEFFX. These 20 comparison targets span 11 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
DVMHX	Delaware Minnesota High-Yield Municipal Bond Fund	Municipal Bonds	84	0.97%	—	Jun 1996	IPOAX vs DVMHX
DEEIX	Delaware Extended Duration Bond Fund	Long-Term Bond	5	-2.81%	—	Sep 1998	IPOAX vs DEEIX
DEFFX	Delaware Tax-Free Minnesota Fund	Municipal Bonds	74	0.29%	—	Feb 1984	IPOAX vs DEFFX
IVINX	Delaware Ivy Global Growth Fund	Global Equities	27	8.56%	—	Apr 1986	IPOAX vs IVINX
IBNAX	Delaware Ivy Balanced Fund	Diversified Portfolio	31	5.53%	—	Nov 1987	IPOAX vs IBNAX
SPY	State Street SPDR S&P 500 ETF	S&P 500	67	10.13%	789.06B	Jan 1993	IPOAX vs SPY
DEGGX	Delaware Strategic Income Fund	Multisector Bonds	66	0.47%	—	Aug 1985	IPOAX vs DEGGX
BMCIX	BlackRock High Equity Income Fund	Derivative Income	78	12.22%	—	Apr 1998	IPOAX vs BMCIX
DLHIX	Delaware Healthcare Fund	Health & Biotech Equities	77	6.25%	—	Sep 2007	IPOAX vs DLHIX
JHBIX	John Hancock Bond Fund Class I	Intermediate Core-Plus Bond	21	-0.60%	—	Nov 1973	IPOAX vs JHBIX
BIMBX	BlackRock Systematic Multi-Strategy Class I	Diversified Portfolio	27	1.27%	—	May 2015	IPOAX vs BIMBX
BROIX	BlackRock Advantage International Fund	Foreign Large Cap Equities	71	13.67%	—	Jan 2006	IPOAX vs BROIX
WAEMX	Wasatch Emerging Markets Small Cap Fund	Emerging Markets Equities	35	12.35%	—	Sep 2007	IPOAX vs WAEMX
EFEIX	Ashmore Emerging Markets Frontier Equity Fund	Emerging Markets Equities	23	4.39%	—	Nov 2013	IPOAX vs EFEIX
BEMIX	Brandes Emerging Markets Fund	Emerging Markets Equities	89	21.14%	—	Jan 2011	IPOAX vs BEMIX
LCSMX	Martin Currie SMA-Shares Series EM Fund	Emerging Markets Equities	83	35.37%	—	Jan 2018	IPOAX vs LCSMX
HLFMX	Harding Loevner Frontier Emerging Markets Fund	Emerging Markets Equities	27	6.49%	—	May 2008	IPOAX vs HLFMX
SSKEX	State Street Emerging Markets Equity Index Fund	Emerging Markets Equities	65	17.04%	—	Dec 2015	IPOAX vs SSKEX
EAEMX	Parametric Emerging Markets Fund	Emerging Markets Equities	61	9.08%	—	Jun 2006	IPOAX vs EAEMX
GLLSX	abrdn Emerging Markets ex-China Fund	Emerging Markets Equities	80	28.23%	—	Aug 2000	IPOAX vs GLLSX

Compare IPOAX with Any Fund or Stock

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

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Diversifiers

Pair IPOAX with funds that move differently

Delaware Ivy Systematic Emerging Markets Equity Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to IPOAX.

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Delaware Ivy Systematic Emerging Markets Equity Fund (IPOAX) Alternatives