Delaware Ivy Systematic Emerging Markets Equity Fund (IPOAX) 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 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 95 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 SAI Emerging Markets Index Fund | 0.08% | — | Jan 2016 | IPOAX vs FERGX | |
| Fidelity Emerging Markets Index Fund | 0.08% | — | Sep 2011 | IPOAX vs FPADX | |
| State Street Emerging Markets Equity Index Fund | 0.17% | — | Dec 2015 | IPOAX vs SSKEX | |
| Franklin Emerging Market Core Equity (IU) Fund Adv... | 0.17% | — | Jul 2019 | IPOAX vs FCEEX | |
| UBS Emerging Markets Equity Opportunity Fund | 0.19% | — | May 2018 | IPOAX vs EMPTX |
Best Risk-Adjusted Alternatives to IPOAX
IPOAX has a PortfoliosLab risk / return rank of 61. There are 124 mutual funds in the Emerging Markets Diversified category with higher risk-adjusted ranks, going as high as 95.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Delaware Emerging Markets Fund | 95 | — | Jun 1996 | IPOAX vs DEMIX | |
| Franklin Templeton SMACS: Series EM | 94 | — | Nov 2021 | IPOAX vs FQEMX | |
| Lazard Emerging Markets Equity Portfolio | 94 | — | Jul 1994 | IPOAX vs LZEMX | |
| Martin Currie SMA-Shares Series EM Fund | 93 | — | Jan 2018 | IPOAX vs LCSMX | |
| Dodge & Cox Emerging Markets Stock Fund | 92 | — | May 2021 | IPOAX vs DODEX |
Top Performing IPOAX Alternatives (YTD)
IPOAX is at 21.12% YTD. There are 96 mutual funds in the Emerging Markets Diversified category with higher YTD returns, going as high as 105.52%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Delaware Emerging Markets Fund | 105.52% | — | Jun 1996 | IPOAX vs DEMIX | |
| Franklin Templeton SMACS: Series EM | 69.03% | — | Nov 2021 | IPOAX vs FQEMX | |
| Martin Currie SMA-Shares Series EM Fund | 52.25% | — | Jan 2018 | IPOAX vs LCSMX | |
| GMO Emerging Markets ex-China Fund | 43.79% | — | Oct 2021 | IPOAX vs GMAQX | |
| Invesco EQV Emerging Markets All Cap Fd | 38.78% | — | Jan 1994 | IPOAX vs GTDDX |
Lowest Volatility Alternatives to IPOAX
IPOAX has 21.44% 1-year volatility. There are 102 mutual funds in the Emerging Markets Diversified category with lower 1-year volatility, going as low as 10.53%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Ashmore Emerging Markets Small Cap Equity Fund | 10.53% | — | Oct 2011 | IPOAX vs ESCIX | |
| GQG Partners Emerging Markets Equity Fund | 11.41% | — | Dec 2016 | IPOAX vs GQGPX | |
| Virtus KAR Emerging Markets Small-Cap Fund | 11.61% | — | Dec 2013 | IPOAX vs VIESX | |
| The Cook & Bynum Fund | 11.79% | — | Jun 2009 | IPOAX vs COBYX | |
| Ashmore Emerging Markets Frontier Equity Fund | 12.09% | — | Nov 2013 | IPOAX vs EFEIX |
Lowest Drawdown Alternatives to IPOAX
IPOAX has a 1-year max drawdown of -13.39%. There are 100 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 | IPOAX vs ESCIX | |
| Wasatch Emerging Markets Small Cap Fund | -7.89% | — | Sep 2007 | IPOAX vs WAEMX | |
| BlackRock Defensive Advantage Emerging Markets Fun... | -8.89% | — | Dec 2020 | IPOAX vs BADEX | |
| The Cook & Bynum Fund | -8.95% | — | Jun 2009 | IPOAX vs COBYX | |
| GQG Partners Emerging Markets Equity Fund | -9.12% | — | Dec 2016 | IPOAX vs GQGPX |
Other Mutual Funds from Delaware Funds by Macquarie
The 8 most viewed Delaware Funds by Macquarie mutual funds shown here include DDFLX, DLHIX, IBNAX and span 7 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Delaware Floating Rate Fund | Bank Loan | 95 | 2.18% | — | Feb 2010 | IPOAX vs DDFLX | |
| Delaware Healthcare Fund | Health & Biotech Equities | 70 | 7.54% | — | Sep 2007 | IPOAX vs DLHIX | |
| Delaware Ivy Balanced Fund | Diversified Portfolio | 33 | 6.91% | — | Nov 1987 | IPOAX vs IBNAX | |
| Delaware Minnesota High-Yield Municipal Bond Fund | Municipal Bonds | 82 | 3.02% | — | Jun 1996 | IPOAX vs DVMHX | |
| Delaware Extended Duration Bond Fund | Long-Term Bond | 10 | -0.18% | — | Sep 1998 | IPOAX vs DEEIX | |
| Delaware Strategic Income Fund | Multisector Bonds | 76 | 1.28% | — | Aug 1985 | IPOAX vs DEGGX | |
| Delaware Ivy Global Growth Fund | Global Equities | 23 | 9.32% | — | Apr 1986 | IPOAX vs IVINX | |
| Delaware Tax-Free Minnesota Fund | Municipal Bonds | 76 | 2.40% | — | Feb 1984 | IPOAX vs DEFFX |
Often Compared With IPOAX
Investors most often compare IPOAX with SPY, BMCIX, JHBIX. These 20 comparison targets span 10 categories, based on PortfoliosLab usage data.
Compare IPOAX with Any Fund or Stock
Compare IPOAX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
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.
Explore IPOAX Diversifiers