Martin Currie SMA-Shares Series EM Fund (LCSMX) 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 LCSMX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to LCSMX
LCSMX charges 0.00% annually. No mutual funds in the Emerging Markets Equities category have lower expense ratios; the lowest-cost alternatives shown here go as low as 0.01%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Series Emerging Markets Opportunities Fun... | 0.01% | — | Dec 2008 | LCSMX vs FEMSX | |
| Fidelity Series Emerging Markets Fund | 0.01% | — | Aug 2018 | LCSMX vs FHKFX | |
| Vanguard Emerging Markets Stock Index Fund Institu... | 0.06% | — | Jun 2000 | LCSMX vs VEMIX | |
| Fidelity Emerging Markets Index Fund | 0.08% | — | Sep 2011 | LCSMX vs FPADX | |
| Fidelity SAI Emerging Markets Index Fund | 0.08% | — | Jan 2016 | LCSMX vs FERGX |
Best Risk-Adjusted Alternatives to LCSMX
LCSMX has a PortfoliosLab risk / return rank of 84. There are 22 mutual funds in the Emerging Markets Equities category with higher risk-adjusted ranks, going as high as 96.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Lazard Emerging Markets Equity Portfolio Class R6 | 96 | — | — | LCSMX vs RLEMX | |
| Lazard Emerging Markets Equity Portfolio | 95 | — | Jul 1994 | LCSMX vs LZEMX | |
| Delaware Emerging Markets Fund | 92 | — | Jun 1996 | LCSMX vs DEMIX | |
| Nomura Emerging Markets Fund Class A | 92 | — | Jun 1996 | LCSMX vs DEMAX | |
| Nomura Emerging Markets Fund Class C | 92 | — | Jun 1996 | LCSMX vs DEMCX |
Top Performing LCSMX Alternatives (YTD)
LCSMX is at 37.97% YTD. There are 5 mutual funds in the Emerging Markets Equities category with higher YTD returns, going as high as 77.44%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Delaware Emerging Markets Fund | 77.44% | — | Jun 1996 | LCSMX vs DEMIX | |
| Nomura Emerging Markets Fund Class A | 77.19% | — | Jun 1996 | LCSMX vs DEMAX | |
| Nomura Emerging Markets Fund Class C | 76.42% | — | Jun 1996 | LCSMX vs DEMCX | |
| Franklin Templeton SMACS: Series EM | 55.40% | — | Nov 2021 | LCSMX vs FQEMX | |
| GMO Emerging Markets ex-China Fund | 40.55% | — | Oct 2021 | LCSMX vs GMAQX |
Lowest Volatility Alternatives to LCSMX
LCSMX has 35.37% 1-year volatility. There are 206 mutual funds in the Emerging Markets Equities category with lower 1-year volatility, going as low as 9.86%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Goldman Sachs GQG Partners International Opportuni... | 9.86% | — | Dec 2016 | LCSMX vs GSIYX | |
| Ashmore Emerging Markets Small Cap Equity Fund | 10.28% | — | Oct 2011 | LCSMX vs ESCIX | |
| GQG Partners Emerging Markets Equity Fund | 11.51% | — | Dec 2016 | LCSMX vs GQGPX | |
| GQG Partners Emerging Markets Equity Fund Institut... | 11.53% | — | — | LCSMX vs GQGIX | |
| Fidelity SAI Emerging Markets Low Volatility Index... | 11.80% | — | Jan 2019 | LCSMX vs FGKPX |
Lowest Drawdown Alternatives to LCSMX
LCSMX has a 1-year max drawdown of -26.28%. There are 205 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 | |
|---|---|---|---|---|---|
| Ashmore Emerging Markets Small Cap Equity Fund | -5.70% | — | Oct 2011 | LCSMX vs ESCIX | |
| Fidelity SAI Emerging Markets Low Volatility Index... | -6.93% | — | Jan 2019 | LCSMX vs FGKPX | |
| Goldman Sachs GQG Partners International Opportuni... | -7.81% | — | Dec 2016 | LCSMX vs GSIYX | |
| BlackRock Defensive Advantage Emerging Markets Fun... | -8.89% | — | Dec 2020 | LCSMX vs BADEX | |
| The Cook & Bynum Fund | -8.95% | — | Jun 2009 | LCSMX vs COBYX |
Other Mutual Funds from Legg Mason
The 10 most viewed Legg Mason mutual funds shown here include LCSSX, LMISX, ARMGX and span 9 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| ClearBridge Select Fund | Mid Cap Growth Equities | 9 | 3.28% | — | Nov 2012 | LCSMX vs LCSSX | |
| Franklin U.S. Large Cap Equity Fund | Large Cap Blend Equities | 79 | 11.63% | — | Apr 2008 | LCSMX vs LMISX | |
| Western Asset Ultra-Short Income Fund | Ultrashort Bond | 98 | 1.34% | — | Jun 1992 | LCSMX vs ARMGX | |
| ClearBridge Sustainability Leaders Fund | Large Cap Blend Equities | 38 | 9.81% | — | Mar 2015 | LCSMX vs LCILX | |
| BrandywineGLOBAL - Global Opportunities Bond Fund | Global Bonds | 20 | 2.56% | — | Oct 2006 | LCSMX vs GOBSX | |
| Franklin International Equity Fund | Foreign Large Cap Equities | 52 | 10.99% | — | Feb 1995 | LCSMX vs LMGEX | |
| Western Asset SMASh Series M Fund | Intermediate Core-Plus Bond | 44 | 0.43% | — | Dec 2006 | LCSMX vs LMSMX | |
| ClearBridge Value Trust | Large Cap Value Equities | 79 | 13.48% | — | Apr 1982 | LCSMX vs LMVTX | |
| ClearBridge Global Infrastructure Income Fund | Infrastructure Equities, Energy Equities | 71 | 12.37% | — | Mar 2016 | LCSMX vs RGSVX | |
| ClearBridge International Growth Fund | Foreign Large Cap Equities | 11 | 0.79% | — | Apr 1995 | LCSMX vs LMGTX |
Often Compared With LCSMX
Investors most often compare LCSMX with MEMQX, HIEMX, NEMIX. These 20 comparison targets span 2 categories, based on PortfoliosLab usage data.
Compare LCSMX with Any Fund or Stock
Compare LCSMX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair LCSMX with funds that move differently
Martin Currie SMA-Shares Series EM Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to LCSMX.
Explore LCSMX Diversifiers